Ideal Vehicles Private Limited
About Ideal Vehicles Private Limited
Data last updated:
Ideal Vehicles Private Limited is a private limited company based in Rampur, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50400MP2020PTC052449. Its GSTIN is 23AAFCI7636G1ZL (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rashi Asati and Vinay Kumar Asati.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot N – 401 Ranipur Ganga Sagar Old Ser No – 37665, Rampur, Madhya Pradesh, India – 482008.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.11 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.65 Lakh (net margin 0.6%) and EBITDA of ₹9.34 Lakh (EBITDA margin 2.3%).
As per MCA filings, the company has open charges of ₹1.03 Cr on record.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot N – 401 Ranipur Ganga Sagar Old Ser No – 37665, Rampur, Madhya Pradesh, India – 482008
- IndustryAutomotive, Auto Dealership & Trading
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ideal Vehicles Private Limited
The main business activity of Ideal Vehicles is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ideal Vehicles Private Limited FY 2024 filings available
Ideal Vehicles Private Limited reported revenue of ₹4.11 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ideal Vehicles Private Limited
Revenue rose 30% in the latest year. EBITDA rose 138% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ideal Vehicles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.34 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.65 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Ideal Vehicles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ideal Vehicles are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ideal Vehicles Private Limited
Ideal Vehicles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashi Asati | Additional Director | 12 Sep 2023 | 3 Years 1 Months | Current |
| Vinay Kumar Asati | Additional Director | 11 Aug 2023 | 3 Years 2 Months | Current |
Peer Comparison of Ideal Vehicles Private Limited
Ideal Vehicles Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ralas Wheels Private Limited | ₹4.12 Cr (FY 2025) | •••• | •••• | •••• | Raipur, Chhattisgarh, India | |
| Ab Trucks Private Limited | ₹4.12 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Chennai, Tamil Nadu, India |
| Waldat Private Limited | ₹4.12 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Ahmedabad, Gujarat, India |
| Sunil Auto Sales Private Limited | ₹4.11 Cr (FY 2025) | •••• | •••• | -88.0% | •••• | Lucknow, Uttar Pradesh, India |
| Bala & Sons Private Limited | ₹4.11 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Ideal Vehicles Private Limited this company | ₹4.11 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Rampur, Madhya Pradesh, India |
| Frontline Autotech India Private Limited | ₹4.1 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Lifeflo Technologies India Private Limited | ₹4.1 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Oberoi Motorzone Private Limited | ₹4.09 Cr (FY 2017) | •••• | •••• | -37.0% | •••• | Yamuna Nagar, Haryana, India |
| K & K Tyre Experts Private Limited | ₹4.09 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Malibu Town, Haryana, India |
| Hawk Cycles Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | Punjab, India |
Peers are the five companies nearest above and the five nearest below Ideal Vehicles by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ideal Vehicles Private Limited
Ideal Vehicles Private Limited is audited by RAJESHJAIN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESHJAIN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ideal Vehicles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ideal Vehicles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2023 | Others | ₹1.03 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ideal Vehicles Private Limited
Ideal Vehicles Private Limited has a workforce of 0 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ideal Vehicles Private Limited
Ideal Vehicles Private Limited has 5 board changes on record since 2023: 2 appointments and 3 cessations. The latest: Lekhraj Singh Thakur ceased to be Director on 11 Mar 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ideal Vehicles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ideal Vehicles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ideal Vehicles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ideal Vehicles Private Limited
Ideal Vehicles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCI7636G1ZL | Madhya Pradesh | Active | 03 Sep 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ideal Vehicles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ideal Vehicles Private Limited
Ideal Vehicles is an active private limited company based in Rampur, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 August 2020 (6+ years old) and is registered under CIN U50400MP2020PTC052449.
Ideal Vehicles reported revenue of ₹4.11 Cr for FY 2024 (up 30% YoY).
Ideal Vehicles has 2 current directors:
- Rashi Asati - Additional Director
- Vinay Kumar Asati - Additional Director
Ideal Vehicles reported a net profit of ₹2.65 Lakh (net margin 0.6%) and EBITDA of ₹9.34 Lakh (EBITDA margin 2.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Ideal Vehicles is 23AAFCI7636G1ZL, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Ideal Vehicles is U50400MP2020PTC052449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Vehicles was incorporated on 24 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ideal Vehicles by revenue are Ralas Wheels Private Limited, Ab Trucks Private Limited, Waldat Private Limited, Sunil Auto Sales Private Limited, Bala & Sons Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Lekhraj Singh Thakur ceased to be Director on 11 Mar 2024. Rashi Asati was appointed as Additional Director on 12 Sep 2023. Tanishq Raj Singh ceased to be Additional Director on 12 Sep 2023. Ideal Vehicles has 5 board changes on record in total.
The registered office of Ideal Vehicles is at Plot N – 401 Ranipur Ganga Sagar Old Ser No – 37665, Rampur, Madhya Pradesh, India – 482008.
Ideal Vehicles has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.