Navnit Cars Private Limited - Company Profile

It is a automotive private limited company based in Hingna, Maharashtra, India, established in 2004.
2004 Hingna, Maharashtra, India Active
Last Updated:
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About Navnit Cars Private Limited

Navnit Cars Private Limited, a active private limited company, was established on 30 August 2004 in Hingna, Maharashtra, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50100MH2004PTC148294. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Its leadership includes Chirag Bharat Sheth (Whole-Time Director), Bharat Navneet Sheth (Whole-Time Director). Past directors included Chirag Bharat Sheth, Payal Chirag Sheth, Navneet Mohanlal Sheth. It holds ₹2.47 Cr open charges and ₹20.58 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at C/O Navnit Automobiles, 296/297 Tawakkal Layout, Wadi, Hingna, Maharashtra, 440023.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U50100MH2004PTC148294

  • Registration Number

    148294

  • Incorporation Date

    30 August 2004

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.47 Cr
  • Satisfied Charges ₹ 20.58 Cr
  • Revenue Growth **** -33.75%
  • Profit Growth **** -288.43%
  • Ebitda **** -237.72%
  • Net Worth -6.64%
  • Total Assets -10.78%
Company report

Navnit Cars Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Navnit Cars Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Navnit Cars Private Limited?
Current Directors
Name Designation Appointment Date Status
Chirag Bharat Sheth Whole-Time Director 30 Aug 2004 Current
Bharat Navneet Sheth Whole-Time Director 30 Aug 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2022 Past
Pramod Abcsdd Director 07 Jun 2017 Past
Pramod Abcsdd Managing Director 16 Jun 2021 Past
Pramod Abcsdd Director 01 Apr 2022 Past

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Financial Performance of Navnit Cars.

Navnit Cars Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.75% decrease. The company also saw a substantial fall in profitability, with a 288.43% decrease in profit. The company's net worth dipped by a decrease of 6.64%.

Navnit Cars revenue growth over time
Navnit Cars profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -33.75%
*******
*******
*******
*******
Revenue from Operations
*******
 -33.80%
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*******
*******
*******
Total Assets
*******
 -10.78%
*******
*******
*******
*******
Profit or Loss
*******
 -288.43%
*******
*******
*******
*******
Net Worth
*******
 -6.64%
*******
*******
*******
*******
EBITDA
*******
 -237.72%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Navnit Cars?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹24,700,000.00

Satisfied Charges

₹205,774,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 2.47 Cr
Latest Charge Details
Date Lender Amount Status
29 Dec 2020 Canara Bank ₹2.47 Cr Open
19 Jan 2018 Others ₹3.00 Cr Satisfied
07 Oct 2016 Others ₹2.33 M Satisfied
26 Sep 2016 Others ₹1.51 M Satisfied
03 Jun 2015 Icici Bank Limited ₹0.70 M Satisfied

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How Many Employees Work at Navnit Cars?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Navnit Cars, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Navnit Cars's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Navnit Cars
Recent Activity within the Organization
  • Annual General Meeting

    Navnit Cars Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Navnit Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Canara Bank of Rs. 2.47 Cr registered on 29 Dec 2020 with Charge ID 100412136 was modified on 04 Jan 2022. was documented.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 2.47 Cr with Charge ID 100412136 was registered on 29 Dec 2020. was documented.

  • Charges

    A charge registered on 19 Jan 2018 via Charge ID 100168979 with Others was fully satisfied on 27 Jul 2020. was recorded as a recent event.

  • Charges

    A charge registered on 28 May 2015 via Charge ID 10572483 with Reliance Capital Ltd. was fully satisfied on 29 Jun 2019. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Navnit Cars Private Limited?

The CIN of Navnit Cars Private Limited is U50100MH2004PTC148294.

Where is Navnit Cars Private Limited headquartered?

Navnit Cars Private Limited is headquartered at C/O Navnit Automobiles, 296/297 Tawakkal Layout, Wadi, Hingna, Maharashtra, 440023.

When was Navnit Cars Private Limited incorporated?

Navnit Cars Private Limited was incorporated on 30 August 2004.

Who are the current directors of Navnit Cars Private Limited?

The current directors of Navnit Cars Private Limited are

What is the primary industry of Navnit Cars Private Limited?

The primary industry of Navnit Cars Private Limited is Trade.

Is Navnit Cars Private Limited a listed company?

Navnit Cars Private Limited is unlisted.

What is the capital structure of Navnit Cars Private Limited?

The authorized capital of Navnit Cars Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.00 Cr.

What is the compliance status of Navnit Cars Private Limited?

The compliance status of Navnit Cars Private Limited is Compliant.

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