MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0004639
Plati India Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹69.84 Cr
▲ 34% YoY
Net profit · FY 2024
₹2.28 Cr
Net margin 3.3%
EBITDA · FY 2024
₹5.52 Cr
EBITDA margin 7.9%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹52.5 Lakh
Issued & subscribed
Open charges
₹26.88 Cr
Satisfied ₹17.6 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
19
Provident fund records
About Plati India Private Limited
Data last updated:
Plati India Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27107PB2014PTC038458. Its GSTIN is 03AAHCP6677Q1ZM (Punjab). The company holds 14 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹52.5 Lakh. It is led by directors including Tarun Monga (Whole-Time Director) and Bhupesh Monga (Whole-Time Director).
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 – Xxix 105/1G/1 Oswal Agro Complex Giaspura, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.84 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 3.3%) and EBITDA of ₹5.52 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Plati India. As per MCA filings, the company has open charges of ₹26.88 Cr and satisfied charges of ₹17.6 Cr on record. Court records list 15 cases involving the company, including 13 filed by the company and 1 filed against it; 7 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2018. Its 10 peer companies in the Automobiles industry (Auto and Components Dealers) are compared by revenue, 5 larger and 5 smaller; the largest is Hem Autowings Private Limited with revenue of ₹70.46 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 6 overdue payments to 2 micro and small suppliers.
Plati India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0004639). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website platiindia.com.
Company Details of Plati India Private Limited
CIN U27107PB2014PTC038458
Registration Number 038458
Incorporation Date 04 March 2014
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0004639
Key People
Tarun Monga Whole-Time Director Bhupesh Monga Whole-Time Director Pankaj Monga Whole-Time Director Recognitions & Rankings of Plati India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – Xxix 105/1G/1 Oswal Agro Complex Giaspura, Ludhiana, Punjab, India – 141003
- IndustryAutomotive, Auto Dealership & Trading
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Associated Brands with Plati India Private Limited
Plati India operates one associated brand: Plati India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Alloy wheels manufacturing and distribution across India. | platiindia.com |
Business Activity of Plati India Private Limited
The main business activity of Plati India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Plati India Private Limited FY 2025 filings available
Plati India Private Limited reported revenue of ₹69.84 Cr (up 34% YoY) for FY 2024.
Revenue · FY 2024
₹69.84 Cr ▲ 34%
Net profit · FY 2024
₹2.28 Cr margin 3.3%
EBITDA · FY 2024
₹5.52 Cr margin 7.9%
Compounded Annual Growth Rate (CAGR) of Plati India Private Limited
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 15%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 7%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 34% growth in the latest year. EBITDA rose 22% 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 of Plati India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.28 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 of Plati India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Plati India are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Plati India Private Limited
Plati India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Monga | Whole-Time Director | 04 Mar 2014 | 12 Years 7 Months | Current |
| Bhupesh Monga | Whole-Time Director | 04 Mar 2014 | 12 Years 7 Months | Current |
| Pankaj Monga | Whole-Time Director | 04 Mar 2014 | 12 Years 7 Months | Current |
Peer Comparison of Plati India Private Limited
Plati India Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hem Autowings Private Limited | ₹70.46 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Satara, Maharashtra, India |
| Tri-Colour Auto Private Limited | ₹70.46 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Miraj, Maharashtra, India |
| Acosta Rubied Private Limited | ₹70.38 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | New Delhi, Delhi, India |
| Solaire Tyre Private Limited | ₹70.38 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Patiala, Punjab, India |
| Payel Motors Private Limited | ₹70.19 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Medinipur, West Bengal, India |
| Plati India Private Limited this company | ₹69.84 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Ludhiana, Punjab, India |
| GRS Motors Private Limited | ₹69.79 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Uttar Pradesh, India |
| Nibir Motors Private Limited | ₹69.77 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Berhampore, West Bengal, India |
| SSB Automobiles Private Limited | ₹69.77 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Guwahati, Assam, India |
| Success Automobile Private Limited | ₹69.58 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Indore, Madhya Pradesh, India |
| Cross Wheels Auto Private Limited | ₹69.53 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Moradabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Plati India by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Plati India Private Limited
Plati India Private Limited is audited by Mehta Sharma & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mehta Sharma & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Plati India Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Plati India Private Limited
Open charges
₹26.88 Cr
Satisfied charges
₹17.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 2025 | Others | ₹25 Lakh | Open |
| 04 Dec 2024 | Others | ₹2 Cr | Open |
| 29 Sep 2024 | Others | ₹70 Lakh | Open |
| 14 Jun 2023 | Others | ₹2 Cr | Open |
| 19 Apr 2022 | Others | ₹1 Cr | Open |
Total charge records: 10 View all charges
Deals & Funding of Plati India Private Limited
Plati India Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2018.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Nov 2015 | Rights issue | ₹20 Lakh | Investors: 4 individuals |
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Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Plati India Private Limited
Plati India Private Limited has 15 court cases on record: 13 filed by Plati India, 1 filed against it, 1 where it is another party. 7 cases are pending and 8 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Total cases
15
Filed by the company
13
Filed against the company
1
Pending
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 1 | 6 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against an individual | Pending |
| District court, South West, Delhi | Motor accident claim | Company is another party | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
| District court, Jhajjar, Haryana | Court case (Rsuit) | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Pending |
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Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Plati India Private Limited
Plati India Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 6 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
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- Period-by-period history
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Plati India Private Limited
Plati India Private Limited has a workforce of 19 employees as of Apr 05, 2024.
Employee count
19
Active EPFO establishments
1
Employee growth
90%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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- Establishment history
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Recent Activity on Plati India Private Limited
Plati India Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Manu Grover ceased to be Whole-Time Director on 01 May 2018.
AGM
Plati India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 101103413 was registered on 05 May 2025.
Filing
Plati India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge registered on 25 Sep 2020 via Charge ID 100377047 with Others was fully satisfied on 09 Jan 2025.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 101021738 was registered on 04 Dec 2024.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 100988165 was registered on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100740643 was registered on 14 Jun 2023.
Charges
A charge with Others of Rs. 2,013.30 Lakh registered on 25 Sep 2020 with Charge ID 100377049 was modified on 14 Jun 2023.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100569205 was registered on 19 Apr 2022.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100479716 was registered on 27 Aug 2021.
Charges
A charge registered on 08 Dec 2015 via Charge ID 10617093 with Others was fully satisfied on 19 Oct 2020.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 100377047 was registered on 25 Sep 2020.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Plati India Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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Subsidiaries & Group Companies of Plati India Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Plati India Private Limited
Plati India has 14 GST registrations: 3 active and 11 cancelled or inactive.
Total GSTINs
14
Active
3
Cancelled / inactive
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCP6677Q1ZM | Punjab | Active | 01 Jul 2017 |
| 03AAHCP6677Q2ZL | Punjab | Active | 21 Jun 2023 |
| 29AAHCP6677Q2Z7 | Karnataka | Active | 08 Apr 2025 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Plati India Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Plati India Private Limited
Plati India is an active private limited company based in Ludhiana, Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U27107PB2014PTC038458.
Plati India reported revenue of ₹69.84 Cr for FY 2024 (up 34% YoY).
Plati India has 3 current directors:
- Tarun Monga - Whole-Time Director
- Bhupesh Monga - Whole-Time Director
- Pankaj Monga - Whole-Time Director
Plati India reported a net profit of ₹2.28 Cr (net margin 3.3%) and EBITDA of ₹5.52 Cr (EBITDA margin 7.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Plati India is 15% over three years and 11% over five years. In the latest year (FY 2024) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Plati India is 03AAHCP6677Q1ZM, registered in Punjab. The company has 14 GST registrations in all, of which 3 are active and 11 are cancelled or inactive. Other active GSTINs include 03AAHCP6677Q2ZL (Punjab), 29AAHCP6677Q2Z7 (Karnataka).
The CIN (Corporate Identification Number) of Plati India is U27107PB2014PTC038458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plati India has 15 court cases on record: 13 filed by the company and 1 filed against it. 7 are pending. Most are in the district courts.
Plati India was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
Plati India has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2018.
The peers of Plati India by revenue are Hem Autowings Private Limited, Tri-Colour Auto Private Limited, Acosta Rubied Private Limited, Solaire Tyre Private Limited, Payel Motors Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Manu Grover ceased to be Whole-Time Director on 01 May 2018. Bhupesh Monga ceased to be Director on 01 Jun 2014. Pankaj Monga ceased to be Director on 01 Jun 2014. Plati India has 7 board changes on record in total.