Ronit Motors Private Limited
About Ronit Motors Private Limited
Data last updated:
Ronit Motors Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 08 March 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U50300MH2011PTC214496. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Vimla Jairaj Bhagchandani and Jairaj Murajmal Bhagchandani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Shop No – 3 & 4 A Wing Vardhman Vatika Chitalsar Manpada, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2022, the company reported a revenue of ₹33,998, a growth of 111% compared to the previous year. For the same year it recorded a net profit of ₹25,822 (net margin 76%) and EBITDA of ₹28,998 (EBITDA margin 85.3%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 80% over five years.
The company had about 6 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record.
Company details
Contact details
Ronit Motors Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No – 3 & 4 A Wing Vardhman Vatika Chitalsar Manpada, Thane, Maharashtra, India – 400607
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Ronit Motors Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ronit Motors is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
Financials of Ronit Motors Private Limited
FY 2023 filings availableRonit Motors Private Limited reported revenue of ₹33,998 (up 111% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 111% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 80%. EBITDA rose 217% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹28,998 | ||||
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| Net Profit (PAT) | ₹25,822 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 85.3% | ||||
| Net Profit Margin | 76% | ||||
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To see the full financial statements and ratios of Ronit Motors Private Limited, buy the company report.
Board of directors of Ronit Motors Private Limited
Ronit Motors has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimla Jairaj Bhagchandani | Director | 08 Mar 2011 | 15 Years 7 Months | As last reported |
| Jairaj Murajmal Bhagchandani | Director | 08 Mar 2011 | 15 Years 7 Months | As last reported |
| Jaipal Murajmal Bhagchandani Also directs: Riya Wheels LLP, Riya Motors Private Limited | Director | 24 Nov 2015 | 10 Years 11 Months | As last reported |
| Varsha Jaipal Bhagchandani Also directs: Riya Motors Private Limited | Director | 08 Mar 2011 | 15 Years 7 Months | As last reported |
Auditor
Ronit Motors Private Limited is audited by ANAND MUKUL ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND MUKUL ASSOCIATES | FY 2019 | 115985W |
Shareholding
The shareholding of Ronit Motors Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ronit Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2011 | 10291875 | The Saraswat Co-Op. Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Ronit Motors Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ronit Motors Private Limited 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 Ronit Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ronit Motors Private Limited has a workforce of 6 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Ronit Motors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ronit Motors Private Limited, buy the company report.
Recent activity
Ronit Motors Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Jaipal Murajmal Bhagchandani ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Ronit Motors has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ronit Motors was a private limited company based in Thane, Maharashtra, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 08 March 2011 and is registered under CIN U50300MH2011PTC214496. The company has been struck off by the Registrar of Companies and is no longer operational.
Ronit Motors had 4 directors:
- Vimla Jairaj Bhagchandani - Director
- Jairaj Murajmal Bhagchandani - Director
- Jaipal Murajmal Bhagchandani - Director
- Varsha Jaipal Bhagchandani - Director
The CIN (Corporate Identification Number) of Ronit Motors is U50300MH2011PTC214496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ronit Motors is at Shop No – 3 & 4 A Wing Vardhman Vatika Chitalsar Manpada, Thane, Maharashtra, India – 400607.
Ronit Motors was incorporated on 08 March 2011. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Ronit Motors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Ronit Motors has 1 GST registration on record and it is cancelled or inactive.
Ronit Motors operated in the automotive industry, in the auto dealership and trading segment. It worked in this industry before it was struck off.
Jaipal Murajmal Bhagchandani ceased to be Additional Director on 30 Sep 2016. Jaipal Murajmal Bhagchandani was appointed as Director on 24 Nov 2015. Jairaj Murajmal Bhagchandani was appointed as Director on 08 Mar 2011. Ronit Motors has 5 board changes on record in total.
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