About Modi Motors Agencies Private Limited
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Modi Motors Agencies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 17 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50103MH2002PTC137243. Its GSTIN is 27AADCM2447H1ZI (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Gautam Chimanlal Modi (Managing Director) and Bhakti Gautam Modi (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹603.86 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹6.32 Cr (net margin 1%) and EBITDA of ₹24.08 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
The company has about 307 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹436.41 Cr and satisfied charges of ₹354.92 Cr on record. Court records list 28 cases involving the company, including 9 filed by the company and 19 filed against it; 14 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.56 Cr; the latest was in March 2022. Its 7 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 4 smaller; the largest is Sahyadri Motors Private Limited with revenue of ₹609.73 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modihyundai.com.
Company details
Contact details
Modi Motors Agencies Private Limited's registered office is in Mumbai, Maharashtra. Its website is modihyundai.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 2 (Audi Showroom) Neo Vikram Chsl Sahakar Nagar Opp. Star Bazaar Andheri, West, Mumbai, Maharashtra, India – 400058
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Modi Motors Agencies 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 Modi Motors Agencies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Modi Motors Agencies Private Limited, buy the company report.
Financials of Modi Motors Agencies Private Limited
FY 2024 filings availableModi Motors Agencies Private Limited reported revenue of ₹603.86 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 20% growth in the latest year. EBITDA fell 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹24.08 Cr | ||||
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| Net Profit (PAT) | ₹6.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Modi Motors Agencies Private Limited, buy the company report.
Board of directors of Modi Motors Agencies Private Limited
Modi Motors Agencies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Chimanlal Modi Also directs: Krishiv Insurance Broking LLP, Modi Agencies Private Limited, Arnav Motors Private Limited and 5 more | Managing Director | 17 Sep 2002 | 24 Years 1 Months | Current |
| Bhakti Gautam Modi Also directs: Krishiv Insurance Broking LLP, Modi Agencies Private Limited, Arnav Motors Private Limited and 5 more | Whole-Time Director | 22 Jan 2003 | 23 Years 9 Months | Current |
| Nidhi Harshal Chheda Also directs: Arnav Motors Private Limited, GMG Automotives Private Limited, Arnav Automobiles Private Limited and 4 more | Additional Director | 05 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
Modi Motors Agencies Private Limited is compared with the 7 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sahyadri Motors Private Limited | ₹609.73 Cr (FY 2024) | 30.0% | Sangli, Maharashtra, India | |||
| Technoy Motors India Private Limited | ₹607.79 Cr (FY 2025) | 16.0% | Udaipur, Rajasthan, India | |||
| Autovikas Sales and Service Private Limited | ₹606.42 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Modi Motors Agencies Private Limitedthis company | ₹603.86 Cr (FY 2024) | ₹6.32 Cr | 1% | 20.0% | 307 | Mumbai, Maharashtra, India |
| Derik Motors Private Limited | ₹595.38 Cr (FY 2025) | 9.0% | Nagercoil, Tamil Nadu, India | |||
| Aditya Motor Private Limited | ₹594.61 Cr (FY 2025) | 8.0% | Gorakhpur, Uttar Pradesh, India | |||
| Tholia Motors Private Limited | ₹593.5 Cr (FY 2025) | 36.0% | Hyderabad, Telangana, India | |||
| Ym Motors Private Limited | ₹593.21 Cr (FY 2024) | 37.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Modi Motors Agencies Private Limited, buy the company report.
Shareholding
The shareholding of Modi Motors Agencies 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 Modi Motors Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101182086 | Others | ₹7.76 Cr | Open | |
| 22 Aug 2025 | 101149358 | Others | ₹11 Cr | Open | |
| 30 Jul 2025 | 101135821 | Others | ₹12 Cr | Open | |
| 30 Jul 2025 | 101135419 | Others | ₹5.2 Cr | Open | |
| 30 Jul 2025 | 101135410 | Others | ₹2.8 Cr | Open |
To see the full charge records of Modi Motors Agencies Private Limited, buy the company report.
Total charge records: 75 View all charges
Deals & funding
Modi Motors Agencies Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.56 Cr; the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Sep 2011 | Funding round | ₹35.6 Lakh | Investors: 4 individuals |
| Mar 2008 | Funding round | ₹3.95 Cr | Investors: Gautam Modi Huf, 3 individuals |
| Mar 2006 | Funding round | ₹24.9 Lakh | Investors: 4 individuals |
To see the full deal history of Modi Motors Agencies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Modi Motors Agencies Private Limited has 28 court cases on record: 9 filed by Modi Motors Agencies, 19 filed against it. 14 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 13 | 12 |
| District courts | 8 | 6 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Vama Motors Pvt. Ltd. and 2 Ors and 2 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Krishnaping Minerals Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Krishnaping Minerals Pvt Ltd and 2 others | Pending |
| Supreme Court | Court case (3801-Matters Relating To Consumer Protection : Appeals u/s 23 of Consumer Protection Act, 1986.) | Filed by the company against United India Insurance Company Ltd. . | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
To see the full case history of Modi Motors Agencies 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.
Credit ratings & regulatory alerts
Modi Motors Agencies Private Limited was last rated by Crisil on 17 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Dec 2019 |
To see the full credit ratings and regulatory alerts of Modi Motors Agencies Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modi Motors Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modi Motors Agencies Private Limited has a workforce of 307 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Modi Motors Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM2447H1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modi Motors Agencies Private Limited, buy the company report.
Recent activity
Modi Motors Agencies Private Limited has 7 board changes on record since 2002: 5 appointments and 2 cessations. The latest: Nidhi Harshal Chheda was appointed as Additional Director on 05 Aug 2025.
130 earlier events are in the company report.
Frequently asked questions
Modi Motors Agencies is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 17 September 2002 (24+ years old) and is registered under CIN U50103MH2002PTC137243.
Modi Motors Agencies has 3 current directors:
- Gautam Chimanlal Modi - Managing Director
- Bhakti Gautam Modi - Whole-Time Director
- Nidhi Harshal Chheda - Additional Director
The latest financial statements of Modi Motors Agencies 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 Modi Motors Agencies is 27AADCM2447H1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Modi Motors Agencies is U50103MH2002PTC137243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modi Motors Agencies has 28 court cases on record: 9 filed by the company and 19 filed against it. 14 are pending. Most are in the high courts.
Modi Motors Agencies was incorporated on 17 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Modi Motors Agencies has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.56 Cr; the latest was in March 2022.
The peers of Modi Motors Agencies by revenue are Sahyadri Motors Private Limited, Technoy Motors India Private Limited, Autovikas Sales and Service Private Limited, Derik Motors Private Limited, Aditya Motor Private Limited and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Nidhi Harshal Chheda was appointed as Additional Director on 05 Aug 2025. Varsha Vikram Modi ceased to be Whole-Time Director on 04 Aug 2016. Vikram Chimanlal Modi ceased to be Whole-Time Director on 04 Aug 2016. Modi Motors Agencies has 7 board changes on record in total.
Modi Motors Agencies can be reached through the website modihyundai.com. Its registered office is in Mumbai, Maharashtra, India.
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