- Udyam number
- UDYAM-MH-18-0065217

About Kifs Motors Private Limited
Data last updated:
Kifs Motors Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Kifs International Llp. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 31 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50102GJ2012PTC077672. Its GSTIN is 27AAFCK0271P1Z7 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.35 Cr. It was formerly known as Kifs Capital Markets Private Limited. It is led by directors Rajesh Parmanand Khandwala and Vimal Parmanand Khandwala.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹211.69 Cr, a growth of 118% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 0.5%) and EBITDA of ₹4.24 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 17% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Kifs Motors Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0065217). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website khandwalagroup.com.
Company details
CIN history
Kifs Motors has one previous CIN (Corporate Identification Number): U67120GJ2012PTC077672. The current CIN is U50102GJ2012PTC077672, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50102GJ2012PTC077672 | Current |
| U67120GJ2012PTC077672 | Previous |
Recognitions & Rankings of Kifs Motors
Contact details
Kifs Motors Private Limited's registered office is in Ahmedabad, Gujarat. Its website is khandwalagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Kifs Corporate House (Khandwala House), Nr. Land Mark Hotel Nr. Neptune House Iskon – Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Kifs 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
Business activity
The main business activity of Kifs Motors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kifs Motors Private Limited, buy the company report.
Financials of Kifs Motors Private Limited
FY 2024 filings availableKifs Motors Private Limited reported revenue of ₹211.69 Cr (up 118% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 118% growth in the latest year. EBITDA fell 31% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | 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 | ₹4.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.14 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Kifs Motors Private Limited, buy the company report.
Board of directors of Kifs Motors Private Limited
Kifs Motors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Parmanand Khandwala | Director | 31 Dec 2012 | 13 Years 10 Months | Current |
| Vimal Parmanand Khandwala | Director | 31 Dec 2012 | 13 Years 10 Months | Current |
Auditor
Kifs Motors Private Limited is audited by ARVIND BAID & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND BAID & ASSOCIATES | FY 2023 | 155532 |
Shareholding
The shareholding of Kifs Motors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kifs Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2016 | 10627630 | Hdfc Bank Limited | ₹13 Cr | Open | |
| 03 Sep 2015 | 10589635 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 20 Feb 2015 | 10563481 | Hdfc Bank Limited | ₹18 Cr | Open |
To see the full charge records of Kifs Motors Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Kifs Motors Private Limited has 1 court case on record: 1 filed by Kifs Motors. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra and 2 others | Disposed |
To see the full case history of Kifs 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 Kifs Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kifs Motors Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kifs Motors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK0271P1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kifs Motors Private Limited, buy the company report.
Recent activity
Kifs Motors Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Kushal Jayesh Khandwala ceased to be Director on 14 Nov 2018.
Frequently asked questions
Kifs Motors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 31 December 2012 (14+ years old) and is registered under CIN U50102GJ2012PTC077672.
Kifs Motors has 2 current directors:
- Rajesh Parmanand Khandwala - Director
- Vimal Parmanand Khandwala - Director
The latest financial statements of Kifs Motors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kifs Motors is 27AAFCK0271P1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kifs Motors is U50102GJ2012PTC077672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kifs Motors has 1 court case on record: 1 filed by the company.
Kifs Motors was incorporated on 31 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kushal Jayesh Khandwala ceased to be Director on 14 Nov 2018. Rajesh Parmanand Khandwala was appointed as Director on 31 Dec 2012. Vimal Parmanand Khandwala was appointed as Director on 31 Dec 2012.
Yes, Kifs Motors is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0065217).
Kifs Motors can be reached through the website khandwalagroup.com. Its registered office is in Ahmedabad, Gujarat, India.

