Shital Motors Private Limited

Authorized dealer of Mahindra vehicles, offering a wide range of cars and spare parts.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Shital Motors Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.56 Cr
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 127.19 Cr
  • Satisfied Charges ₹ 28.75 Cr
  • Revenue Growth 138.56%
  • Profit Growth 75.60%
  • Ebitda -275.69%
  • Net Worth 348.21%
  • Total Assets 124.48%

About Shital Motors

Shital Motors Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 1988 and has a history of 36 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Shital Motors Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.56 Cr.

The company currently has active open charges totaling ₹127.19 Cr. The company has closed loans amounting to ₹28.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arvindkumar Thakkar, Dhaval Thakker, and Kavita Thakkar serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50101GJ1988PTC011040

  • Company No.

    011040

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive
Company report

Shital Motors Private Limited

Explore comprehensive data for Shital Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shital Motors?

Executive Team (1)

NameDesignationAppointment DateStatus
Arvindkumar Thakkar Country flag representing In Managing Director02-Sep-2002Current

Board Members (2)

NameDesignationAppointment DateStatus
Dhaval Thakker Country flag representing In Director 01-Jul-2007Current
Kavita Thakkar Country flag representing In Director 05-Nov-2020Current

Financial Performance of Shital Motors.

Shital Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 138.56% increase. The company also saw a substantial improvement in profitability, with a 75.6% increase in profit. The company's net worth Soared by an impressive increase of 348.21%.

Shital Motors revenue growth over time
Shital Motors profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
138.56%
Revenue from Operations
140.09%
Total Assets
124.48%
Profit or Loss
75.60%
Net Worth
348.21%
EBITDA
-275.69%

What is the Ownership and Shareholding Structure of Shital Motors?

In 2023, Shital Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹127.19 Cr

Satisfied Charges

₹28.75 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 123.29 Cr
  • Others : 3.80 Cr
  • New Bank Of India : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2023Hdfc Bank Limited₹4.00 CrOpen
03 Jul 2017Others₹3.80 CrOpen
14 Dec 2012Hdfc Bank Limited₹51.80 CrOpen
29 Nov 2008Hdfc Bank Limited₹23.00 CrOpen
03 Oct 2008Hdfc Bank Limited₹44.48 CrOpen

How Many Employees Work at Shital Motors?

Shital Motors has a workforce of 8 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Shital Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shital Motors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shital Motors's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shital Motors

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 51.80 Cr registered on 14 Dec 2012 with Charge ID 10392351 was modified on 24 Nov 2023.

  • Annual General Meeting

    Shital Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100771912 was registered on 01 Aug 2023.

  • Balance Sheet

    Shital Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 44.48 Cr registered on 03 Oct 2008 with Charge ID 10128675 was modified on 24 Mar 2023.

  • Director Appointment

    Kavita Mitesh Thakkar was appointed as a Director was appointed as a Director on 05 Nov 2020 & has been associated with this company since 4 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Shital Motors Private Limited?

    Shital Motors Private Limited was incorporated on 28 Jul 1988.

  • What is authorized share capital and paid-up capital of Shital Motors Private Limited?

    The authorized share capital of Shital Motors Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.56 Cr.

  • Who are the current board members & directors of Shital Motors Private Limited?

    Currently 3 directors are associated with Shital Motors Private Limited.

    • Arvindkumar Purshottamdas Thakkar
    • Dhaval Arvindkumar Thakker
    • Kavita Mitesh Thakkar

  • What is the registered address of Shital Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shital Motors Private Limited is Shital Motor Nr. Sales India Opp. Bata Showroom Ashram Road, Navrangpura, City Taluka, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Shital Motors Private Limited?

    The corporate identification number (CIN) of Shital Motors Private Limited is U50101GJ1988PTC011040 and the company number is 011040 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shital Motors Private Limited?

    The Official website of Shital Motors Private Limited is https://www.shitalmotors.com

  • What has been the recent revenue trend for Shital Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shital Motors Private Limited has risen by 138.56%.

  • How many employees does Shital Motors Private Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Shital Motors Private Limited.

  • What change has been observed in the net worth of Shital Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shital Motors Private Limited has experienced an upsurge of 348.21%.

  • What are the total open charges for Shital Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shital Motors Private Limited amount to ₹ 127.19 Cr.

  • When was the last Balance Sheet of Shital Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Shital Motors Private Limited was filed with the ROC on 31 Mar 2023.

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