MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-22-0004916
Shah Mobikes Private Limited - automotive in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹58.05 Cr
▲ 38% YoY
Net profit · FY 2024
₹69.34 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹1.86 Cr
EBITDA margin 3.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹7 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
29
Provident fund records
About Shah Mobikes Private Limited
Data last updated:
Shah Mobikes Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 18 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51502KA2001PTC029899. Its GSTIN is 29AAJCS0533N1ZY (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Hitesh Rasiklal Shah and Sambhav Hitesh Shah.
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 Rasik Towers 12/A1 Lokaranjan Mahal Road Nazarbad, Mysore, Karnataka, India – 570010.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.05 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹69.34 Lakh (net margin 1.2%) and EBITDA of ₹1.86 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹7 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Shah Mobikes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0004916). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shahmysore.com.
Company details
CIN U51502KA2001PTC029899
Registration Number 029899
Incorporation Date 18 December 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-22-0004916
Recognitions & Rankings of Shah Mobikes
Contact details
Shah Mobikes Private Limited's registered office is in Mysore, Karnataka. Its website is shahmysore.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressRasik Towers 12/A1 Lokaranjan Mahal Road Nazarbad, Mysore, Karnataka, India – 570010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Shah Mobikes Private Limited, buy the company report.
Comprehensive company report
Shah Mobikes 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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Business activity
The main business activity of Shah Mobikes 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 Shah Mobikes Private Limited, buy the company report.
Financials of Shah Mobikes Private Limited
FY 2024 filings availableShah Mobikes Private Limited reported revenue of ₹58.05 Cr (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹58.05 Cr ▲ 38%
Net profit · FY 2024
₹69.34 Lakh margin 1.2%
EBITDA · FY 2024
₹1.86 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 11%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 14%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 38% growth in the latest year. EBITDA rose 35% 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 |
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| EBITDA | ₹1.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69.34 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shah Mobikes Private Limited, buy the company report.
Board of directors of Shah Mobikes Private Limited
Shah Mobikes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Rasiklal Shah | Director | 18 Dec 2001 | 24 Years 10 Months | Current |
| Sambhav Hitesh Shah | Director | 11 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Shah Mobikes Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matoria Motors Private Limited | ₹58.31 Cr (FY 2024) | 25.0% | Jaipur, Rajasthan, India | |||
| Shah Mobikes Private Limitedthis company | ₹58.05 Cr (FY 2024) | ₹69.34 Lakh | 1.2% | 38.0% | 29 | Mysore, Karnataka, India |
| Kohli Autocomp Private Limited | ₹58.04 Cr (FY 2025) | -42.0% | Guwahati, Assam, India | |||
| MSB Automotive Private Limited | ₹57.97 Cr (FY 2024) | 242.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Shah Mobikes Private Limited, buy the company report.
Auditor
Shah Mobikes Private Limited is audited by JAIN RANKA ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN RANKA ASSOCIATES | FY 2021 | 007440S |
Shareholding
The shareholding of Shah Mobikes Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shah Mobikes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2014 | 10490132 | Icici Bank Limited | ₹7 Cr | Open | |
| 28 Sep 2005 | 80007801 | Centurian Bank of Punjab Limited | ₹3 Cr | Open | |
| 15 Mar 2011 | 10278338 | Hdfc Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of Shah Mobikes Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Shah Mobikes Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, MYSURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Shah Mobikes 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
No delayed payments to MSME suppliers are on our record for Shah Mobikes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shah Mobikes Private Limited has a workforce of 29 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
-6.45%
GST
Shah Mobikes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS0533N1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shah Mobikes Private Limited, buy the company report.
Recent activity
Shah Mobikes Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Bipin Rasiklal Shah ceased to be Director on 11 Oct 2025.
Ceased
Bipin Rasiklal Shah ceased to be Director.
Ceased
Jayakar Rasiklal Shah ceased to be Director.
Ceased
Kiran Rasiklal Shah ceased to be Director.
Appointed
Sambhav Hitesh Shah was appointed as Director.
AGM
Shah Mobikes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shah Mobikes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 15 Mar 2011 via Charge ID 10278338 with Hdfc Bank Limited was fully satisfied on 25 Aug 2014.
Charges
A charge with Icici Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 10490132 was registered on 12 Mar 2014.
Charges
A charge with Hdfc Bank Limited of Rs. 700.00 Lakh registered on 15 Mar 2011 with Charge ID 10278338 was modified on 29 May 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 10278338 was registered on 15 Mar 2011.
Charges
A charge with Centurian Bank Of Punjab Limited of Rs. 300.00 Lakh registered on 28 Sep 2005 with Charge ID 80007801 was modified on 26 Jul 2006.
Charges
A charge with Centurian Bank Of Punjab Limited amounted to Rs. 300.00 Lakh with Charge ID 80007801 was registered on 28 Sep 2005.
4 earlier events are in the company report.
Frequently asked questions
Shah Mobikes is an active private limited company based in Mysore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 18 December 2001 (25+ years old) and is registered under CIN U51502KA2001PTC029899.
Shah Mobikes has 2 current directors:
- Hitesh Rasiklal Shah - Director
- Sambhav Hitesh Shah - Director
The latest financial statements of Shah Mobikes 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 2015 are in the company report.
The GSTIN of Shah Mobikes is 29AAJCS0533N1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Shah Mobikes is U51502KA2001PTC029899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Mobikes has 2 court cases on record: 2 filed against it. 1 is pending.
Shah Mobikes was incorporated on 18 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shah Mobikes by revenue are Matoria Motors Private Limited, Kohli Autocomp Private Limited, MSB Automotive Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Bipin Rasiklal Shah ceased to be Director on 11 Oct 2025. Jayakar Rasiklal Shah ceased to be Director on 11 Oct 2025. Kiran Rasiklal Shah ceased to be Director on 11 Oct 2025. Shah Mobikes has 7 board changes on record in total.
Yes, Shah Mobikes is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0004916).
Shah Mobikes can be reached through the website shahmysore.com. Its registered office is in Mysore, Karnataka, India.