Shirani Motors Private Limited
About Shirani Motors Private Limited
Data last updated:
Shirani Motors Private Limited is a private limited company based in Ratlam, Madhya Pradesh, India, a subsidiary of Sagar Automobiles Pvt Ltd. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 25 August 2005.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U03410MP2005PTC017898. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Mohammad Raees Sheikh (Irp/Rp/Liquidator) and Yahaya Khan.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 29 Shiranipura, Ratlam, Madhya Pradesh, India.
As per the financials filed for FY 2015, the company reported a revenue of ₹24.78 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹6.54 Lakh (net margin 0.3%) and EBITDA of ₹1.16 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹24.55 Cr and satisfied charges of ₹41.58 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.
Company details
Contact details
Shirani Motors Private Limited's registered office is in Ratlam, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address29 Shiranipura, Ratlam, Madhya Pradesh, India
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Shirani 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
Financials of Shirani Motors Private Limited
FY 2015 filings availableShirani Motors Private Limited reported revenue of ₹24.78 Cr (down 47% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 129% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹24.78 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.16 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹6.54 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.7% |
| Net Profit Margin | 0.3% |
| 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 Shirani Motors Private Limited, buy the company report.
Board of directors of Shirani Motors Private Limited
Shirani Motors has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Raees Sheikh | Irp/Rp/Liquidator | 28 Oct 2024 | 2 Years 0 Months | As last reported |
| Yahaya Khan | Director | 25 Aug 2005 | 21 Years 2 Months | As last reported |
| Ghulam Gaus Khan Shirani | Director | 01 Sep 2007 | 19 Years 2 Months | As last reported |
Auditor
Shirani Motors Private Limited is audited by T. H. Khamosi & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. H. Khamosi & Co. | FY 2015 |
Shareholding
The shareholding of Shirani Motors Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shirani Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2013 | 10505898 | State Bank of India | ₹14.95 Cr | Open | |
| 23 Mar 2013 | 10424643 | State Bank of India | ₹9.6 Cr | Open | |
| 18 Nov 2011 | 10318149 | Hdfc Bank Limited | ₹12.38 Cr | Satisfied | |
| 18 Nov 2011 | 10318145 | Hdfc Bank Limited | ₹3.95 Cr | Satisfied | |
| 09 Aug 2011 | 10302375 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Shirani Motors Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Shirani Motors Private Limited has 6 court cases on record: 3 filed by Shirani Motors, 3 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| NCLAT | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (RCS B) | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed against the company by State Bank of India Through Chief Manager | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| NCLT, Indore | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Shirani Motors 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 Shirani Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shirani 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 Shirani Motors Private Limited, buy the company report.
Recent activity
Shirani Motors Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Mohammad Raees Sheikh was appointed as Irp/Rp/Liquidator on 28 Oct 2024.
16 earlier events are in the company report.
Frequently asked questions
Shirani Motors is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Shirani Motors is a company under insolvency, formerly operating as a private limited company based in Ratlam, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 25 August 2005 and is registered under CIN U03410MP2005PTC017898. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shirani Motors has 3 current directors:
- Yahaya Khan - Director
- Ghulam Gaus Khan Shirani - Director
- Mohammad Raees Sheikh - Irp/Rp/Liquidator
The latest financial statements of Shirani Motors on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shirani Motors is U03410MP2005PTC017898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shirani Motors has open charges of ₹24.55 Cr and satisfied charges of ₹41.58 Cr as per latest MCA filings.
Shirani Motors has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Shirani Motors was incorporated on 25 August 2005. It is registered with the Registrar of Companies, Gwalior.
Mohammad Raees Sheikh was appointed as Irp/Rp/Liquidator on 28 Oct 2024. Abdul Raoof Khan ceased to be Director on 03 Feb 2017. Raees Khan ceased to be Director on 10 Aug 2012. Shirani Motors has 6 board changes on record in total.
The registered office of Shirani Motors is at 29 Shiranipura, Ratlam, Madhya Pradesh, India.
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