Race Motors Private Limited Company Logo

Race Motors Private Limited - Company Profile

It is a automotive private limited company based in Ahmdabad, Gujarat, India, established in 2005.

2005 | Ahmdabad, Gujarat, India | Active
Last Updated:

About Race Motors Private Limited

Race Motors Private Limited, a active private limited company, was established on 31 October 2005 in Ahmdabad, Gujarat, India. Engaging in auto dealership & trading within the support service to organizations sector, it holds CIN: U50100GJ2005PTC047015. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Employing 5 professional, Its leadership includes Premila Savla (Director), Jesangbhai Chaudhari (Director), Ankit Ashok Savla (Director). Past directors included Premila Savla, Keval Vinubhai Chaudhary, Geeta Vipulkumar Chaudhary. It holds no open charges and ₹3.55 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 101 Sur Residency, 2 Panchvati 2Nd Lane Ellisbridge,, Ahmdabad, Gujarat, 380006.

Company Details

  • CIN/LLPIN

    U50100GJ2005PTC047015

  • Registration Number

    047015

  • Incorporation Date

    31 October 2005

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 27 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.55 M
  • Revenue Growth 9.45%
  • Profit Growth 154.57%
  • Ebitda 212.07%
  • Net Worth 2.79%
  • Total Assets -3.33%
Company report

Race Motors Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Race Motors 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 Race Motors Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Premila SavlaDirector16 May 2023Current
Jesangbhai ChaudhariDirector01 Nov 2009Current
Ankit Ashok SavlaDirector01 Apr 2022Current
Vinubhai ChaudhariDirector01 Nov 2009Current
Pratapbhai ChaudhariDirector01 Nov 2009Current
Sanket Harisangbhai ChaudhariDirector16 Aug 2010Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Sep 2020Past
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddDirector31 Mar 2010Past
Pramod AbcsddDirector31 Mar 2010Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector16 Jun 2009Past

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Financial Performance of Race Motors.

Race Motors Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.45% increase. The company also saw a substantial improvement in profitability, with a 154.57% increase in profit. The company's net worth moved up by a moderate rise of 2.79%.

Race Motors revenue growth over time
Race Motors profit and loss trends over time
  • 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
9.45%
Revenue from Operations
9.45%
Total Assets
-3.33%
Profit or Loss
154.57%
Net Worth
2.79%
EBITDA
212.07%

What is the Ownership and Shareholding Structure of Race Motors?

In 2021, Race Motors had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,550,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.36 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2010State Bank Of India₹0.55 MSatisfied
19 Jun 2006State Bank Of India₹3.00 MSatisfied

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How Many Employees Work at Race Motors?

Race Motors has a workforce of 5 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Race Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Race Motors, 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 Race Motors's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Race Motors

Recent Activity within the Organization

  • Annual General Meeting

    The activity Race Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Race Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    The activity Premila Savla was appointed as a Director was appointed as a Director on 16 May 2023 & has been associated with this company since 2 years 6 months . was completed.

  • Director Appointment

    The activity Ankit Ashok Savla was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 3 years 7 months . was completed.

  • Charges

    The activity A charge registered on 19 Jun 2006 via Charge ID 10007928 with State Bank Of India was fully satisfied on 05 Dec 2020. was completed.

  • Charges

    The activity A charge registered on 21 Jun 2010 via Charge ID 10234410 with State Bank Of India was fully satisfied on 27 Jun 2014. was completed.

Frequently Asked Questions

  • What is the CIN of Race Motors Private Limited?

    The CIN of Race Motors Private Limited is U50100GJ2005PTC047015.

  • Where is Race Motors Private Limited headquartered?

    Race Motors Private Limited is headquartered at 101 Sur Residency, 2 Panchvati 2Nd Lane Ellisbridge,, Ahmdabad, Gujarat, 380006.

  • When was Race Motors Private Limited incorporated?

    Race Motors Private Limited was incorporated on 31 October 2005.

  • Who are the current directors of Race Motors Private Limited?

    The current directors of Race Motors Private Limited are

  • What is the primary industry of Race Motors Private Limited?

    The primary industry of Race Motors Private Limited is Support Service To Organizations.

  • Is Race Motors Private Limited a listed company?

    Race Motors Private Limited is unlisted.

  • What is the capital structure of Race Motors Private Limited?

    The authorized capital of Race Motors Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

  • What is the compliance status of Race Motors Private Limited?

    The compliance status of Race Motors Private Limited is Compliant.

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