Parvathi Motors Private Limited
About Parvathi Motors Private Limited
Data last updated:
Parvathi Motors Private Limited was a private limited company based in Mysore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 18 September 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U50402KA2013PTC071048. Its GSTIN is 29AAHCP3633Q1ZQ (Karnataka).
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was led by directors Rahul (Managing Director) and Vatsavaye Bangarraju.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No 9 Temple Road Jayalakshmipuram, Mysore, Karnataka, India – 570012.
As per the financials filed for FY 2020, the company reported a revenue of ₹29,970, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹19.57 Lakh and EBITDA of -₹19.57 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 93% over three years and 82% over five years.
The company had about 21 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹3 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 1 case is pending.
Company details
Contact details
Parvathi Motors Private Limited's registered office is in Mysore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo 9 Temple Road Jayalakshmipuram, Mysore, Karnataka, India – 570012
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Parvathi 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
Financials of Parvathi Motors Private Limited
FY 2020 filings availableParvathi Motors Private Limited reported revenue of ₹29,970 (down 60% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years, including a 60% fall in the latest year. EBITDA fell 99% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29,970 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.57 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Parvathi Motors Private Limited, buy the company report.
Board of directors of Parvathi Motors Private Limited
Parvathi Motors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Also directs: Parvathi Motoservices Private Limited | Managing Director | 18 Sep 2013 | 13 Years 1 Months | As last reported |
| Vatsavaye Bangarraju Also directs: Parvathi Motoservices Private Limited | Director | 06 Feb 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Parvathi Motors Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Sable Sanctus Foundation | ₹30,372 (FY 2025) | -95.0% | New Delhi, Delhi, India | |||
| Parvathi Motors Private Limitedthis company | ₹29,970 (FY 2020) | -₹19.57 Lakh | -60.0% | 21 | Mysore, Karnataka, India | |
| Patel Global Auto Limited | ₹29,820 (FY 2025) | 13.0% | Madhya Pradesh, India | |||
| Sealand Infrastructure Private Limited | ₹29,800 (FY 2024) | -100.0% | Rajkot, Gujarat, India | |||
| Gats Energy Private Limited | ₹29,212 (FY 2024) | -81.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Parvathi Motors Private Limited, buy the company report.
Auditor
Parvathi Motors Private Limited is audited by N GANESH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N GANESH & CO | FY 2018 | 011674S |
Shareholding
The shareholding of Parvathi Motors Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Parvathi Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2014 | 10512583 | State Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Parvathi Motors Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Parvathi Motors Private Limited has 9 court cases on record: 6 filed by Parvathi Motors, 3 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Court case (INCOMP) | Filed by the company against Honda Motorcycleand Scooter India Pvt Ltd | Disposed |
| High Court, CHANDIGARH (UT) | Arbitration matter | Filed by the company against Honda Motorcycleand Scooter India Pvt. Ltd | Disposed |
| District court, MYSURU, Karnataka | Criminal miscellaneous application | Filed against the company by Deputy Commissioner of Commercial Taxes | Pending |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed by the company against Honda Motorcycle and Scooter India Ltd | Disposed |
To see the full case history of Parvathi 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 Parvathi Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parvathi Motors Private Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Parvathi Motors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP3633Q1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parvathi Motors Private Limited, buy the company report.
Recent activity
Parvathi Motors Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Shaik Meera ceased to be Managing Director on 06 Feb 2017.
Frequently asked questions
Parvathi Motors has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Parvathi Motors was a private limited company based in Mysore, Karnataka, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 18 September 2013 and is registered under CIN U50402KA2013PTC071048. The company has been struck off by the Registrar of Companies and is no longer operational.
Parvathi Motors had 2 directors:
- Rahul - Managing Director
- Vatsavaye Bangarraju - Director
The CIN (Corporate Identification Number) of Parvathi Motors is U50402KA2013PTC071048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Parvathi Motors is at No 9 Temple Road Jayalakshmipuram, Mysore, Karnataka, India – 570012.
Parvathi Motors was incorporated on 18 September 2013. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Parvathi Motors on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Parvathi Motors is 29AAHCP3633Q1ZQ, registered in Karnataka.
Parvathi Motors operated in the automotive industry, in the auto dealership and trading segment. It worked in this industry before it was struck off.
The peers of Parvathi Motors by revenue are Sable Sanctus Foundation, Patel Global Auto Limited, Sealand Infrastructure Private Limited, Gats Energy Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Parvathi Motors has 9 court cases on record: 6 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
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