Spirited Motor Vehicles Limited - Company Profile

It is a automotive public limited company based in Mathura Road, Delhi, India, established in 2019.
2019 Mathura Road, Delhi, India Active
Last Updated:
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About Spirited Motor Vehicles Limited

Spirited Motor Vehicles Limited, a active public limited company, was established on 25 April 2019 in Mathura Road, Delhi, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U74999DL2019PLC349122. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹64.00 Cr and a paid-up capital of ₹37.32 Cr.

Employing 639 professional, Its leadership includes Bharat Garg (Director), Dhruv Mehra (Director), Ashok Tandon (Director). Past directors included Bharat Garg, Renu Alka Sehgal, Manish Kumar Goyal. It holds ₹170.00 Cr open charges and ₹51.21 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2Nd Floor, F- 7, Block B- 1 Mohan Cooperative Industrial Estate,, Mathura Road, Delhi, 110044.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999DL2019PLC349122

  • Registration Number

    349122

  • Incorporation Date

    25 April 2019

  • Authorized Capital

    ₹64.00 Cr

  • Paid-Up Capital

    ₹37.32 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 64.00 Cr
  • Paid Up Capital ₹ 37.32 Cr
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 170.00 Cr
  • Satisfied Charges ₹ 51.21 Cr
  • Revenue Growth **** 51.55%
  • Profit Growth **** 45.77%
  • Ebitda **** 1194.04%
  • Net Worth -25.20%
  • Total Assets -0.39%
Company report

Spirited Motor Vehicles Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Spirited Motor Vehicles Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Spirited Motor Vehicles Limited?
Current Directors
Name Designation Appointment Date Status
Bharat Garg Director 30 May 2025 Current
Dhruv Mehra Director 25 Apr 2019 Current
Ashok Tandon Director 25 Apr 2019 Current
Madhu Bhaskar Director 15 Mar 2023 Current
Sanjay Kalia Director 15 Mar 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2025 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Director 02 May 2025 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Spirited Motor Vehicles.

Spirited Motor Vehicles Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.55% increase. The company also saw a substantial improvement in profitability, with a 45.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.2%.

Spirited Motor Vehicles revenue growth over time
Spirited Motor Vehicles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 51.55%
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*******
*******
Revenue from Operations
*******
 51.38%
*******
*******
*******
*******
Total Assets
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 -0.39%
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*******
*******
*******
Profit or Loss
*******
 45.77%
*******
*******
*******
*******
Net Worth
*******
 -25.20%
*******
*******
*******
*******
EBITDA
*******
 1194.04%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Spirited Motor Vehicles?

In 2023, Spirited Motor Vehicles had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,700,000,000.00

Satisfied Charges

₹512,149,925.00

Charges Breakdown by Lending Institutions
  • Others : 85.00 Cr
  • Hdfc Bank Limited : 85.00 Cr
Latest Charge Details
Date Lender Amount Status
27 Jun 2023 Others ₹10.00 Cr Open
01 May 2023 Hdfc Bank Limited ₹85.00 Cr Open
26 Nov 2021 Others ₹75.00 Cr Open
22 Dec 2021 Axis Bank Limited ₹50.00 Cr Satisfied
07 Dec 2021 Yes Bank Limited ₹1.21 Cr Satisfied

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How Many Employees Work at Spirited Motor Vehicles?

Spirited Motor Vehicles has a workforce of 639 employees as of Apr 02, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spirited Motor Vehicles, 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 Spirited Motor Vehicles'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.

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Latest Updates, News, and FAQs on Spirited Motor Vehicles
Recent Activity within the Organization
  • Director Appointment

    Progress on Bharat Garg was appointed as a Director was appointed as a Director on 30 May 2025 & has been associated with this company since 8 months 23 days . was documented.

  • Charges

    The activity A charge registered on 22 Dec 2021 via Charge ID 100523473 with Axis Bank Limited was fully satisfied on 03 Dec 2024. was completed.

  • Annual General Meeting

    Progress on Spirited Motor Vehicles Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Spirited Motor Vehicles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 75.00 Cr registered on 26 Nov 2021 with Charge ID 100512605 was modified on 16 Feb 2024. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 85.00 Cr registered on 01 May 2023 with Charge ID 100719580 was modified on 20 Jan 2024. was documented.

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Frequently Asked Questions
What is the CIN of Spirited Motor Vehicles Limited?

The CIN of Spirited Motor Vehicles Limited is U74999DL2019PLC349122.

Where is Spirited Motor Vehicles Limited headquartered?

Spirited Motor Vehicles Limited is headquartered at 2Nd Floor, F- 7, Block B- 1 Mohan Cooperative Industrial Estate,, Mathura Road, Delhi, 110044.

When was Spirited Motor Vehicles Limited incorporated?

Spirited Motor Vehicles Limited was incorporated on 25 April 2019.

Who are the current directors of Spirited Motor Vehicles Limited?

The current directors of Spirited Motor Vehicles Limited are

What is the primary industry of Spirited Motor Vehicles Limited?

The primary industry of Spirited Motor Vehicles Limited is Trade.

Is Spirited Motor Vehicles Limited a listed company?

Spirited Motor Vehicles Limited is unlisted.

What is the capital structure of Spirited Motor Vehicles Limited?

The authorized capital of Spirited Motor Vehicles Limited is ₹64.00 Cr, and the paid-up capital is ₹37.32 Cr.

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