My Car (Indore) Private Limited
About My Car (Indore) Private Limited
Data last updated:
My Car (Indore) Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 24 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50401MP2009PTC021848. Its GSTIN is 23AAFCM9977Q1ZG (Madhya Pradesh).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors Manju Garg and Beni Madhav Garg.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 2 Malviya Nagar Opposite Old Vidhan Sabha, Bhopal, Madhya Pradesh, India – 462003.
As per the financials filed for FY 2017, the company reported a revenue of ₹106.21 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.04 Cr (net margin -1%) and EBITDA of ₹1.54 Cr (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 125 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹38.98 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.04 Cr; the latest was in January 2014. Its 9 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 5 larger and 4 smaller; the largest is Gajanand Motors Private Limited with revenue of ₹106.59 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
My Car (Indore) Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address2 Malviya Nagar Opposite Old Vidhan Sabha, Bhopal, Madhya Pradesh, India – 462003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of My Car (Indore) 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 My Car (Indore) 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 My Car (Indore) Private Limited, buy the company report.
Financials of My Car (Indore) Private Limited
FY 2017 filings availableMy Car (Indore) Private Limited reported revenue of ₹106.21 Cr (down 22% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 22% fall in the latest year. EBITDA fell 49% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹106.21 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.54 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.04 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.5% | ||
| Net Profit Margin | -1% | ||
| 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 My Car (Indore) Private Limited, buy the company report.
Board of directors of My Car (Indore) Private Limited
My Car (Indore) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Garg Also directs: My Store Private Limited, My Fone Teleservices Private Limited, My Car (Bhopal) Private Limited and 3 more | Director | 15 Oct 2017 | 9 Years 0 Months | Current |
| Beni Madhav Garg Also directs: My Store Private Limited, Courtesy Motors Private Limited, My Fone Teleservices Private Limited and 3 more | Additional Director | 11 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
My Car (Indore) Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Gajanand Motors Private Limited | ₹106.59 Cr (FY 2025) | 2.0% | Palanpur, Gujarat, India | |||
| Pal Sales & Service Private Limited | ₹106.52 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| RR & Sons Vehicles Private Limited | ₹106.47 Cr (FY 2025) | 9.0% | Jabalpur, Madhya Pradesh, India | |||
| Balaji Automart Private Limited | ₹106.45 Cr (FY 2025) | 14.0% | Hardoi, Uttar Pradesh, India | |||
| Marketing Times Automobiles Private Limited | ₹106.31 Cr (FY 2017) | 42.0% | New Delhi, Delhi, India | |||
| My Car (Indore) Private Limitedthis company | ₹106.21 Cr (FY 2017) | -₹1.04 Cr | -1% | -22.0% | 125 | Bhopal, Madhya Pradesh, India |
| Simran Bikes Private Limited | ₹106.17 Cr (FY 2025) | 13.0% | Kalyan, Maharashtra, India | |||
| Mangalam Autoworld Private Limited | ₹106.16 Cr (FY 2025) | 48.0% | Rampur, Uttar Pradesh, India | |||
| Martial Motors Private Limited | ₹106.13 Cr (FY 2024) | 11.0% | Bangalore, Karnataka, India | |||
| K.B. Motors Pvt Ltd | ₹106.11 Cr (FY 2025) | -24.0% | Kolkata, West Bengal, India |
To see the full peer comparison of My Car (Indore) Private Limited, buy the company report.
Auditor
My Car (Indore) Private Limited is audited by JOSHI VINOD & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI VINOD & CO | FY 2017 | 004438C |
Shareholding
The shareholding of My Car (Indore) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of My Car (Indore) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2012 | 10348422 | State Bank of India | ₹8 Cr | Satisfied | |
| 12 Aug 2009 | 10171190 | Bank of India | ₹30.98 Cr | Satisfied |
To see the full charge records of My Car (Indore) Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
My Car (Indore) Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.04 Cr; the latest was in January 2014.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Funding round | ₹2.54 Cr | Investors: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: My Megaventure Private Limited Seller: Ordinary Financial Services Private Limited , Priya Tissue Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ordinary Financial Services Private Limited |
| Aug 2009 | Funding round | ₹3.7 Cr | Investors: Ordinary Financial Services Private Limited , Priya Tissue Private Limited , 2 individuals |
To see the full deal history of My Car (Indore) 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
My Car (Indore) Private Limited has 2 court cases on record: 1 filed by My Car (Indore), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by L and T Finance Ltd | Disposed |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Disposed |
To see the full case history of My Car (Indore) 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
My Car (Indore) Private Limited was last rated by Crisil on 15 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 May 2020 |
To see the full credit ratings and regulatory alerts of My Car (Indore) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for My Car (Indore) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
My Car (Indore) Private Limited has a workforce of 125 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
My Car (Indore) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCM9977Q1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of My Car (Indore) Private Limited, buy the company report.
Recent activity
My Car (Indore) Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Beni Madhav Garg was appointed as Additional Director on 11 Apr 2019.
2 earlier events are in the company report.
Frequently asked questions
My Car (Indore) is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 24 April 2009 (17+ years old) and is registered under CIN U50401MP2009PTC021848.
My Car (Indore) has 2 current directors:
- Manju Garg - Director
- Beni Madhav Garg - Additional Director
The latest financial statements of My Car (Indore) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of My Car (Indore) is 23AAFCM9977Q1ZG, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of My Car (Indore) is U50401MP2009PTC021848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
My Car (Indore) has 2 court cases on record: 1 filed by the company and 1 filed against it.
My Car (Indore) was incorporated on 24 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
My Car (Indore) has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.04 Cr; the latest was in January 2014.
The peers of My Car (Indore) by revenue are Gajanand Motors Private Limited, Pal Sales & Service Private Limited, RR & Sons Vehicles Private Limited, Balaji Automart Private Limited, Marketing Times Automobiles Private Limited and 4 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Beni Madhav Garg was appointed as Additional Director on 11 Apr 2019. Saurabh Garg ceased to be Director on 25 Mar 2019. Manju Garg was appointed as Director on 15 Oct 2017. My Car (Indore) has 6 board changes on record in total.
The registered office of My Car (Indore) is at 2 Malviya Nagar Opposite Old Vidhan Sabha, Bhopal, Madhya Pradesh, India – 462003.
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