Redwings Motors Private Limited

Redwings Motors Private Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U50400MH2019PTC327478 Incorporated 02 July 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company automotive MSME
Data last updated
Revenue · FY 2024
₹54.37 Cr
▲ 15% YoY
Net profit · FY 2024
₹67.81 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹3.26 Cr
EBITDA margin 6%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.71 Cr
Issued & subscribed
Open charges
₹14.11 Cr
Satisfied ₹62.69 Lakh
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings

About Redwings Motors Private Limited

Data last updated:

Redwings Motors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Indel Corporation Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 02 July 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50400MH2019PTC327478. Its GSTIN is 32AAJCR6852R1ZM (Kerala).

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.71 Cr. It is led by directors including Mohanan Gopalakrishnan (Managing Director) and Anish Mohan Gopalakrishnan Mohanan.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹54.37 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹67.81 Lakh (net margin 1.2%) and EBITDA of ₹3.26 Cr (EBITDA margin 6%).

As per MCA filings, the company has open charges of ₹14.11 Cr and satisfied charges of ₹62.69 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹70 Lakh; the latest was in December 2025. Its 5 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 3 smaller; the largest is Balaji Hyundai Auto Private Limited with revenue of ₹54.48 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 2 micro and small suppliers.

Redwings Motors Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KL-02-0036640). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indelcorp.in.

Company details

CIN U50400MH2019PTC327478
Registration Number 327478
Incorporation Date 02 July 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Indel Corporation Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KL-02-0036640
Key People
Mohanan Gopalakrishnan Managing Director Anish Mohan Gopalakrishnan Mohanan Director Umesh Mohanan Director

Recognitions & Rankings of Redwings Motors

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KL-02-0036640

Contact details

Redwings Motors Private Limited's registered office is in Mumbai, Maharashtra. Its website is indelcorp.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    indelcorp.in
  • Registered Address
    Unit No.709 72 Corp Saki Vihar Road, Bandi Bazar Nair Wadi Saki Naka, Mumbai, Maharashtra, India – 400072
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Redwings Motors Private Limited, buy the company report.

Comprehensive company report
Redwings Motors 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Redwings Motors is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Redwings Motors Private Limited, buy the company report.

Financials of Redwings Motors Private Limited

FY 2024 filings available

Redwings Motors Private Limited reported revenue of ₹54.37 Cr (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹54.37 Cr ▲ 15%
Net profit · FY 2024
₹67.81 Lakh margin 1.2%
EBITDA · FY 2024
₹3.26 Cr margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 652%

Revenue rose 15% in the latest year. EBITDA rose 37% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.26 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹67.81 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6%
Net Profit Margin1.2%
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 Redwings Motors Private Limited, buy the company report.

Board of directors of Redwings Motors Private Limited

Redwings Motors has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Anish Mohan Gopalakrishnan Mohanan
Also directs: Indel Wheels LLP, Mithram Automotives Limited Liability Partnership, Mithram Mobikes LLP and 5 more
Director02 Jul 20197 Years 4 MonthsCurrent
Umesh Mohanan
Also directs: M-Star Hotels Guruvayur Limited Liability Partnership, Indel Wheels LLP, Mithram Automotives Limited Liability Partnership and 5 more
Director08 Feb 20224 Years 9 MonthsCurrent
Mohanan Gopalakrishnan
Also directs: M-Star Hotels Guruvayur Limited Liability Partnership, Mithram Automotives Limited Liability Partnership, Mithram Mobikes LLP and 5 more
Managing Director02 Jul 20197 Years 4 MonthsCurrent
Salil Venu
Also directs: Indel Wheels LLP, Mithram Automotives Limited Liability Partnership, Mithram Mobikes LLP and 5 more
Director02 Jul 20197 Years 4 MonthsCurrent
View all directors

Peer comparison

Redwings Motors Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Balaji Hyundai Auto Private Limited₹54.48 Cr (FY 2023)11.0%Muzaffarpur, Bihar, India
Signature Motors India Private Limited₹54.44 Cr (FY 2025)15.0%Kannur, Kerala, India
Redwings Motors Private Limitedthis company₹54.37 Cr (FY 2024)₹67.81 Lakh1.2%15.0%Mumbai, Maharashtra, India
JP Motor Private Limited₹54.35 Cr (FY 2024)18.0%Lucknow, Uttar Pradesh, India
M B Autowheels Private Limited₹54.31 Cr (FY 2025)-4.0%Gorakhpur, Uttar Pradesh, India
The Spirit Automotive Private Limited₹54.24 Cr (FY 2022)0.0%Pune, Maharashtra, India

To see the full peer comparison of Redwings Motors Private Limited, buy the company report.

Auditor

Redwings Motors Private Limited is audited by FRG & Company for the financial year 2023.

Auditor firmFinancial yearFirm registration number
FRG & CompanyFY 2023023258N

Shareholding

The shareholding of Redwings Motors Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Redwings Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.11 Cr
Satisfied charges
₹62.69 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹11.95 Cr
Others₹2.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Nov 2025101197768Others₹18.2 LakhOpen
31 Oct 2025101187676Others₹37.52 LakhOpen
31 Oct 2025101189225Others₹18.08 LakhOpen
21 Jun 2025101116744Others₹18.9 LakhOpen
11 Jun 2025101116747Others₹18.75 LakhOpen

To see the full charge records of Redwings Motors Private Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Redwings Motors Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹70 Lakh; the latest was in December 2025.

Total deals
4
Rights issues
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹70 Lakh

Deals on record (4 of 4)

WhenDealAmountParties
Dec 2025Rights issue₹50 LakhInvestors: Indel Corporation Private Limited
Mar 2023Secondary share transferUndisclosedBuyer: Indel Corporation Private Limited
Seller: Indel Automotives Private Limited
Feb 2023Rights issue₹2 CrInvestors: Indel Automotives Private Limited
Nov 2021Funding round₹70 LakhInvestors: Indel Automotives Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Redwings Motors Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 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)

SupplierAmount dueDue sinceReported on
Pioneer Enterprises
Moto Biz Car Accessories

To see the full MSME payment records of Redwings Motors Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Redwings Motors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAJCR6852R1ZMKeralaActive25 Mar 2021

To see the full GST registrations and return filing status of Redwings Motors Private Limited, buy the company report.

Recent activity

Redwings Motors Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Umesh Mohanan was appointed as Director on 08 Feb 2022.

Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 101197768 was registered on 29 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.38 Cr with Charge ID 101187676 was registered on 31 Oct 2025.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 101189225 was registered on 31 Oct 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 11.15 Cr registered on 15 Mar 2022 with Charge ID 100546588 was modified on 17 Oct 2025.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101116744 was registered on 21 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101116747 was registered on 11 Jun 2025.
Charges
A charge registered on 11 Jul 2024 via Charge ID 100955776 with Others was fully satisfied on 30 Apr 2025.
Charges
A charge registered on 06 Jul 2024 via Charge ID 100954295 with Others was fully satisfied on 30 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 101078255 was registered on 29 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 101070418 was registered on 24 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 101022425 was registered on 13 Dec 2024.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101022426 was registered on 13 Dec 2024.

20 earlier events are in the company report.

Frequently asked questions

Redwings Motors is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 02 July 2019 (7+ years old) and is registered under CIN U50400MH2019PTC327478.

Redwings Motors has 4 current directors:

The latest financial statements of Redwings Motors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Redwings Motors is 32AAJCR6852R1ZM, registered in Kerala.

The CIN (Corporate Identification Number) of Redwings Motors is U50400MH2019PTC327478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Redwings Motors has 1 court case on record: 1 filed by the company.

Redwings Motors was incorporated on 02 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Redwings Motors has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹70 Lakh; the latest was in December 2025.

The peers of Redwings Motors by revenue are Balaji Hyundai Auto Private Limited, Signature Motors India Private Limited, JP Motor Private Limited, M B Autowheels Private Limited, The Spirit Automotive Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Umesh Mohanan was appointed as Director on 08 Feb 2022. Anish Mohan Gopalakrishnan Mohanan was appointed as Director on 02 Jul 2019. Mohanan Gopalakrishnan was appointed as Managing Director on 02 Jul 2019. Redwings Motors has 4 board changes on record in total.

Yes, Redwings Motors is registered as an MSME under Udyam registration (number: UDYAM-KL-02-0036640).

Redwings Motors has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2023.