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 2 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. 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
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
Plati India Private Limited's registered office is in Ludhiana, Punjab. Its website is platiindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – Xxix 105/1G/1 Oswal Agro Complex Giaspura, Ludhiana, Punjab, India – 141003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Plati India Private Limited, buy the company report.
Comprehensive company report
Plati India Private Limited - one report that includes everything
- 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
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Brands
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
The main business activity of Plati India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Plati India Private Limited, buy the company report.
Financials of Plati India Private Limited
FY 2025 filings availablePlati 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)
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
| 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 | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| 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 | |||||
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| 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 Plati India Private Limited, buy the company report.
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 |
Auditor
Plati India Private Limited is audited by Mehta Sharma & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehta Sharma & Associates | FY 2023 | 018946N |
Shareholding
The shareholding of Plati India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Plati India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.88 Cr
Satisfied charges
₹17.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2025 | 101103413 | Others | ₹25 Lakh | Open | |
| 04 Dec 2024 | 101021738 | Others | ₹2 Cr | Open | |
| 29 Sep 2024 | 100988165 | Others | ₹70 Lakh | Open | |
| 14 Jun 2023 | 100740643 | Others | ₹2 Cr | Open | |
| 19 Apr 2022 | 100569205 | Others | ₹1 Cr | Open |
To see the full charge records of Plati India Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Plati India Private Limited has 15 court cases on record: 13 filed by Plati India, 2 filed against it. 7 cases are pending and 8 are disposed.
Total cases
15
Filed by the company
13
Filed against the company
2
Pending
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 2 | 6 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Motor accident claim | Filed against the company | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against an individual | 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 M/S Dtra Engeeneers Through Raunak Parasher | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Plati India 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
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 |
To see the full MSME payment records of Plati India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Plati India Private Limited has a workforce of 19 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
90%
GST
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 |
To see the full GST registrations and return filing status of Plati India Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Tarun Monga - Whole-Time Director
- Bhupesh Monga - Whole-Time Director
- Pankaj Monga - Whole-Time Director
The latest financial statements of Plati India 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 2015 are in the company report.
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 2 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.
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.
Yes, Plati India is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0004639).
Plati India has 4 MSME Form 1 returns on record between 2022 and 2023, listing 6 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 Aug 2023.