MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0069697
Racetech Motorsports LLP
Racetech Motorsports LLP - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹8.29 Cr
▲ 23% YoY
Net profit · FY 2021
₹48.05 Lakh
Net margin 5.8%
EBITDA · FY 2021
₹27.19 Lakh
EBITDA margin 3.3%
Contribution obligation
₹10,000
As per LLP agreement
LLP age
15 yrs
Est. 2011
Designated partners
2
As per MCA filings
Active GSTINs
3
of 9 registered
Last financials
Mar 2025
Balance sheet date
About Racetech Motorsports LLP
Data last updated:
Racetech Motorsports LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 25 November 2011 and has been in existence for over 15 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAA-7038. Its GSTIN is 29AANFR9079B1ZN (Karnataka). The LLP holds 9 GST registrations, of which 3 are active.
The LLP has a total obligation of contribution of ₹10,000. It is led by designated partners Harshad Ashok Naringrekar and Manik Bhimsen Bhardwaj.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at # A – 28 Hmt Industrial Estate Jalahalli, Bangalore, Karnataka, India – 560013.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹8.29 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹48.05 Lakh (net margin 5.8%) and EBITDA of ₹27.19 Lakh (EBITDA margin 3.3%).
Racetech Motorsports LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0069697).
Company details
LLPIN AAA-7038
Incorporation Date 25 November 2011
Total Obligation of Contribution ₹10,000
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-03-0069697
Recognitions & Rankings of Racetech Motorsports
Contact details
Racetech Motorsports LLP's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address# A – 28 Hmt Industrial Estate Jalahalli, Bangalore, Karnataka, India – 560013
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Racetech Motorsports LLP, buy the company report.
Comprehensive company report
Racetech Motorsports LLP - 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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Financials of Racetech Motorsports LLP
FY 2025 filings availableRacetech Motorsports LLP reported revenue of ₹8.29 Cr (up 23% YoY) for FY 2021.
Revenue · FY 2021
₹8.29 Cr ▲ 23%
Net profit · FY 2021
₹48.05 Lakh margin 5.8%
EBITDA · FY 2021
₹27.19 Lakh margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
Revenue rose 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹8.29 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹48.05 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 5.8% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Racetech Motorsports LLP, buy the company report.
Designated partners of Racetech Motorsports LLP
Racetech Motorsports has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Ashok Naringrekar Also directs: Racetech Automotive (India) Private Limited | Designated Partner | 25 Nov 2011 | 14 Years 11 Months | Current |
| Manik Bhimsen Bhardwaj | Designated Partner | 25 Nov 2011 | 14 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Racetech Motorsports LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Racetech Motorsports LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Racetech Motorsports has 9 GST registrations: 3 active and 6 cancelled or inactive.
Total GSTINs
9
Active
3
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANFR9079B1ZN | Karnataka | Active | 01 Jul 2017 |
| 33AANFR9079B6ZT | Tamil Nadu | Active | 15 Sep 2022 |
| 34AANFR9079B1ZW | Puducherry | Active | 17 Nov 2022 |
To see the full GST registrations and return filing status of Racetech Motorsports LLP, buy the company report.
Recent activity
Racetech Motorsports LLP has 3 designated partner changes on record since 2011: 2 appointments and 1 cessation. The latest: Sirish Vissa ceased to be Designated Partner on 20 Feb 2017.
AGM
Racetech Motorsports Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Racetech Motorsports Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sirish Vissa ceased to be Designated Partner.
Appointed
Harshad Ashok Naringrekar was appointed as Designated Partner.
Appointed
Manik Bhimsen Bhardwaj was appointed as Designated Partner.
Incorporation
25 Nov 2011
Racetech Motorsports Llp was registered on 25 Nov 2011 with Roc Bangalore & aged 14 years 11 months as per MCA records.
Frequently asked questions
Racetech Motorsports is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in auto dealership and trading, within the automotive industry. It was incorporated on 25 November 2011 (15+ years old) and is registered under LLPIN AAA-7038.
Racetech Motorsports has 2 current designated partners:
- Harshad Ashok Naringrekar - Designated Partner
- Manik Bhimsen Bhardwaj - Designated Partner
The latest financial statements of Racetech Motorsports on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Racetech Motorsports is 29AANFR9079B1ZN, registered in Karnataka. The LLP has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 33AANFR9079B6ZT (Tamil Nadu), 34AANFR9079B1ZW (Puducherry).
The LLPIN (Limited Liability Partnership Identification Number) of Racetech Motorsports is AAA-7038. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Racetech Motorsports was incorporated on 25 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Sirish Vissa ceased to be Designated Partner on 20 Feb 2017. Harshad Ashok Naringrekar was appointed as Designated Partner on 25 Nov 2011. Manik Bhimsen Bhardwaj was appointed as Designated Partner on 25 Nov 2011.
Yes, Racetech Motorsports is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0069697).
The registered office of Racetech Motorsports is at # A – 28 Hmt Industrial Estate Jalahalli, Bangalore, Karnataka, India – 560013.
Racetech Motorsports operates in the automotive industry, in the auto dealership and trading segment.
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