Ips Motors Private Limited
About Ips Motors Private Limited
Data last updated:
Ips Motors Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Farming Solutions Private Limited. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 26 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U62099PB1996PTC018557. Its GSTIN is 03AAACR7632J1ZG (Punjab).
The company has an authorised share capital of ₹55.6 Lakh and a paid-up capital of ₹55.6 Lakh. It is led by directors Simarpreet Kalra (Whole-Time Director) and Jaspal Singh Kalra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – Xxx – 3360/1E Hira Nagar Opp. Libra Auto Cars Near Transport Nagar G.T. Road, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.14 Lakh. For the same year it recorded a net profit of ₹2,763 (net margin 2.4%) and EBITDA of ₹76,899 (EBITDA margin 67.6%).
As per MCA filings, the company has satisfied charges of ₹3.6 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ips Motors has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62099PB1996PTC018557, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099PB1996PTC018557 | Current |
| U50400PB1996PTC018557 | Previous |
| U15203PB1996PTC018557 | Previous |
| U74999PB1996PTC018557 | Previous |
Contact details
Ips Motors Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – Xxx – 3360/1E Hira Nagar Opp. Libra Auto Cars Near Transport Nagar G.T. Road, Ludhiana, Punjab, India – 141010
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Ips Motors Private Limited, buy the company report.
- 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
Financials of Ips Motors Private Limited
FY 2025 filings availableIps Motors Private Limited reported revenue of ₹1.14 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.14 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹76,899 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2,763 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 67.6% | ||
| Net Profit Margin | 2.4% | ||
| 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 | |||
To see the full financial statements and ratios of Ips Motors Private Limited, buy the company report.
Board of directors of Ips Motors Private Limited
Ips Motors has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaspal Singh Kalra Also directs: Duty Guy Private Limited | Director | 20 Mar 2010 | 16 Years 7 Months | Current |
| Simarpreet Kalra Also directs: Duty Guy Private Limited | Whole-Time Director | 20 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Ips Motors Private Limited is audited by HARINDER SINGH & CO., for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARINDER SINGH & CO., | FY 2017 | 074611 |
Shareholding
The shareholding of Ips Motors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ips Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2012 | 10335834 | Punjab National Bank | ₹3.6 Lakh | Satisfied |
To see the full charge records of Ips Motors Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ips Motors Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company | Disposed |
| District court, Ludhiana, Punjab | Motor accident claim | Filed against the company by individuals | Disposed |
To see the full case history of Ips Motors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ips Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ips Motors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACR7632J1ZG | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ips Motors Private Limited, buy the company report.
Recent activity
Ips Motors Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Harpreet Kaur ceased to be Director on 01 May 2010.
4 earlier events are in the company report.
Frequently asked questions
Ips Motors is an active private limited company based in Ludhiana, Punjab, India. The company works in other wholesale, within the trading industry. It was incorporated on 26 July 1996 (30+ years old) and is registered under CIN U62099PB1996PTC018557.
Ips Motors has 2 current directors:
- Simarpreet Kalra - Whole-Time Director
- Jaspal Singh Kalra - Director
The latest financial statements of Ips Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ips Motors is 03AAACR7632J1ZG, registered in Punjab.
The CIN (Corporate Identification Number) of Ips Motors is U62099PB1996PTC018557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ips Motors has 2 court cases on record: 2 filed against it.
Ips Motors was incorporated on 26 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harpreet Kaur ceased to be Director on 01 May 2010. Lajpat Rai ceased to be Director on 01 May 2010. Pardeep Kamal ceased to be Director on 01 May 2010. Ips Motors has 11 board changes on record in total.
The registered office of Ips Motors is at B – Xxx – 33601E Hira Nagar Opp. Libra Auto Cars Near Transport Nagar G.T. Road, Ludhiana, Punjab, India – 141010.
Ips Motors operates in the trading industry, in the other wholesale segment.