Thrive Automobiles Private Limited - Company Profile

It is a trading private limited company based in Salem, Tamil Nadu, India, established in 2017.
2017 Salem, Tamil Nadu, India Active
Last Updated:
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About Thrive Automobiles Private Limited

Thrive Automobiles Private Limited, a active private limited company, was established on 02 August 2017 in Salem, Tamil Nadu, India. Engaging in retailers within the trade sector, it holds CIN: U50100TZ2017PTC029289. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹7.00 M.

It upholds a compliant status. Employing 20 professional, Its leadership includes Sekar Vanishree (Director), Rhithyka Balasundaram (Director), Vikgnesh (Managing Director). It holds ₹1.75 Cr open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 161/2,B30,Alagapuram Pudur, K M S Garden, Murugan Nagar,, Salem, Tamil Nadu, 636016.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U50100TZ2017PTC029289

  • Registration Number

    029289

  • Incorporation Date

    02 August 2017

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹7.00 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.00 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.75 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth **** 30.13%
  • Profit Growth **** 322.72%
  • Ebitda **** -15.50%
  • Net Worth 17.76%
  • Total Assets **** 1.08%
Company report

Thrive Automobiles Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Thrive Automobiles Private 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 Thrive Automobiles Private Limited?
Current Directors
Name Designation Appointment Date Status
Sekar Vanishree Director 02 Aug 2017 Current
Rhithyka Balasundaram Director 02 Aug 2017 Current
Vikgnesh Managing Director 02 Aug 2017 Current

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Financial Performance of Thrive Automobiles.

Thrive Automobiles Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 30.13% increase. The company also saw a substantial improvement in profitability, with a 322.72% increase in profit. The company's net worth Soared by an impressive increase of 17.76%.

Thrive Automobiles revenue growth over time
Thrive Automobiles 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
********
 30.13%
*******
*******
*******
*******
Revenue from Operations
*******
 31.21%
*******
*******
*******
*******
Total Assets
*******
 1.08%
*******
*******
*******
*******
Profit or Loss
*******
 322.72%
*******
*******
*******
*******
Net Worth
*******
 17.76%
*******
*******
*******
*******
EBITDA
*******
 -15.50%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Thrive Automobiles?

In 2021, Thrive Automobiles 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 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

₹17,500,000.00

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 1.75 Cr
Latest Charge Details
Date Lender Amount Status
06 Sep 2021 State Bank Of India ₹1.75 Cr Open
21 Aug 2017 State Bank Of India ₹1.50 Cr Satisfied

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How Many Employees Work at Thrive Automobiles?

Thrive Automobiles has a workforce of 20 employees as of Mar 30, 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 Thrive Automobiles, 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 Thrive Automobiles'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 Thrive Automobiles
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Thrive Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Thrive Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 21 Aug 2017 via Charge ID 100123602 with State Bank Of India was fully satisfied on 07 Jul 2022. was documented.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 1.75 Cr with Charge ID 100482181 was registered on 06 Sep 2021. was documented.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 1.50 Cr registered on 21 Aug 2017 with Charge ID 100123602 was modified on 08 May 2019. was documented.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 1.50 Cr with Charge ID 100123602 was registered on 21 Aug 2017. was completed.

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Frequently Asked Questions
What is the CIN of Thrive Automobiles Private Limited?

The CIN of Thrive Automobiles Private Limited is U50100TZ2017PTC029289.

Where is Thrive Automobiles Private Limited headquartered?

Thrive Automobiles Private Limited is headquartered at 161/2,B30,Alagapuram Pudur, K M S Garden, Murugan Nagar,, Salem, Tamil Nadu, 636016.

When was Thrive Automobiles Private Limited incorporated?

Thrive Automobiles Private Limited was incorporated on 02 August 2017.

Who are the current directors of Thrive Automobiles Private Limited?

The current directors of Thrive Automobiles Private Limited are

What is the primary industry of Thrive Automobiles Private Limited?

The primary industry of Thrive Automobiles Private Limited is Trade.

Is Thrive Automobiles Private Limited a listed company?

Thrive Automobiles Private Limited is unlisted.

What is the capital structure of Thrive Automobiles Private Limited?

The authorized capital of Thrive Automobiles Private Limited is ₹1.00 Cr, and the paid-up capital is ₹7.00 M.

What is the compliance status of Thrive Automobiles Private Limited?

The compliance status of Thrive Automobiles Private Limited is Compliant.

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