About Shruti Motors Private Limited
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Shruti Motors Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 02 May 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50400KA2022PTC160780. Its GSTIN is 29ABICS4200Q1ZV (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹13.19 Lakh. It is led by directors Mayigowda Saroja and Mohan Devarayapatna Paramesh.
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 203 A2 Block Sobha Opal 39th Cross 18th Main Jayanagar 4T Block, Bengaluru, Karnataka, India – 560041.
As per the financials filed for FY 2025, the company reported a revenue of ₹467.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.59 Cr (net margin 1.2%) and EBITDA of ₹13.87 Cr (EBITDA margin 3%).
The company is associated with 2 brands: NEXA Shimoga Central and Shruti Motors. As per MCA filings, the company has open charges of ₹96 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
For more details, the company can be reached via its website shrutimotors.com.
Company details
Contact details
Shruti Motors Private Limited's registered office is in Bengaluru, Karnataka. Its website is shrutimotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB 203 A2 Block Sobha Opal 39th Cross 18th Main Jayanagar 4T Block, Bengaluru, Karnataka, India – 560041
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Shruti 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
Brands
Shruti Motors operates two associated brands: NEXA Shimoga Central and Shruti Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Authorized dealership for Maruti Suzuki cars, providing sales, service, finance, and insurance in Shimoga. | nexaofshimogacentral.com | |
| Maruti Suzuki authorized car dealership and services in Karnataka. | shrutimotors.com |
Business activity
The main business activity of Shruti Motors 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 Shruti Motors Private Limited, buy the company report.
Financials of Shruti Motors Private Limited
FY 2025 filings availableShruti Motors Private Limited reported revenue of ₹467.04 Cr (up 1169% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Total Expenses | |||
| EBITDA | ₹13.87 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.59 Cr | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3% | ||
| Net Profit Margin | 1.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Inventory Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Shruti Motors Private Limited, buy the company report.
Board of directors of Shruti Motors Private Limited
Shruti 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 |
|---|---|---|---|---|
| Mayigowda Saroja | Director | 21 Oct 2023 | 3 Years 0 Months | Current |
| Mohan Devarayapatna Paramesh | Director | 02 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Shruti Motors 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 |
|---|---|---|---|---|---|---|
| Rajendra Auto Wheels Private Limited | ₹468.63 Cr (FY 2025) | 13.0% | Uttar Pradesh, India | |||
| Snowview Automobiles Private Limited | ₹468.11 Cr (FY 2025) | 12.0% | Nac Manimajra, Chandigarh, India | |||
| R.L. Automobiles Private Limited | ₹468.02 Cr (FY 2025) | 17.0% | Varanasi, Uttar Pradesh, India | |||
| Brajesh Automobiles Private Limited | ₹467.75 Cr (FY 2025) | 5.0% | Bihar, India | |||
| Shruti Motors Private Limitedthis company | ₹467.04 Cr (FY 2025) | ₹5.59 Cr | 1.2% | 1169.0% | Bengaluru, Karnataka, India | |
| Narnoli Apparels Private Limited | ₹464.56 Cr (FY 2025) | 28.0% | Delhi, India | |||
| Cargo Motors (Delhi) Private Limited | ₹462.85 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Sugoi Motors Private Limited | ₹460.63 Cr (FY 2024) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shruti Motors Private Limited, buy the company report.
Auditor
Shruti Motors Private Limited is audited by MSSV AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSSV AND CO | FY 2023 | 001987S |
Shareholding
The shareholding of Shruti Motors Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shruti Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2025 | 101211774 | Others | ₹6 Cr | Open | |
| 01 Mar 2025 | 101061630 | Others | ₹20 Cr | Open | |
| 25 Sep 2024 | 100996295 | Others | ₹20 Cr | Open | |
| 26 Jul 2024 | 100953948 | Canara Bank | ₹20 Cr | Open | |
| 06 May 2024 | 100919038 | Axis Bank Limited | ₹10 Cr | Open |
To see the full charge records of Shruti Motors Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shruti Motors Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Criminal case | Filed against the company by Ms Charu Motors Pvt. Ltd | Pending |
| District court, West, Delhi | Execution petition | Filed against the company by M/S. Bas Engineering (P) Ltd. | Disposed |
| District court, North West, Delhi | Criminal case | Filed against the company by Ms Autovikas Sales Services Pvt. Ltd., THR. Manoj Bilani, Manager (Sales) | Disposed |
| District court, Central, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Shruti 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 Shruti Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shruti Motors Private Limited has 1 active EPFO establishment as of Aug 03, 2024.
GST
Shruti Motors has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABICS4200Q1ZV | Karnataka | Active | 01 Jun 2022 |
| 29ABICS4200Q2ZU | Karnataka | Active | 05 Sep 2022 |
To see the full GST registrations and return filing status of Shruti Motors Private Limited, buy the company report.
Recent activity
Shruti Motors Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Mayigowda Saroja was appointed as Director on 21 Oct 2023.
1 earlier event is in the company report.
Frequently asked questions
Shruti Motors is an active private limited company based in Bengaluru, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 02 May 2022 (4+ years old) and is registered under CIN U50400KA2022PTC160780.
Shruti Motors has 2 current directors:
- Mayigowda Saroja - Director
- Mohan Devarayapatna Paramesh - Director
The latest financial statements of Shruti 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 FY 2023 are in the company report.
The GSTIN of Shruti Motors is 29ABICS4200Q1ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29ABICS4200Q2ZU (Karnataka).
The CIN (Corporate Identification Number) of Shruti Motors is U50400KA2022PTC160780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shruti Motors has 6 court cases on record: 6 filed against it. 2 are pending.
Shruti Motors was incorporated on 02 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shruti Motors by revenue are Rajendra Auto Wheels Private Limited, Snowview Automobiles Private Limited, R.L. Automobiles Private Limited, Brajesh Automobiles Private Limited, Narnoli Apparels Private Limited and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Mayigowda Saroja was appointed as Director on 21 Oct 2023. Paramesha Devarayapatana Thimmappa ceased to be Director on 02 Aug 2023. Mohan Devarayapatna Paramesh was appointed as Director on 02 May 2022.
Shruti Motors can be reached through the website shrutimotors.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Shruti Motors is at B 203 A2 Block Sobha Opal 39th Cross 18th Main Jayanagar 4T Block, Bengaluru, Karnataka, India – 560041.
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