Thrive Automobiles Private Limited
About Thrive Automobiles Private Limited
Data last updated:
Thrive Automobiles Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 02 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U50100TZ2017PTC029289. Its GSTIN is 33AAGCT3694J1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Vikgnesh (Managing Director) and Sekar Vanishree.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 161/2 B30 Alagapuram Pudur K M S Garden Murugan Nagar, Salem, Tamil Nadu, India – 636016.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.34 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹61.16 Lakh and EBITDA of -₹60.81 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 68% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Thrive Automobiles Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address161/2 B30 Alagapuram Pudur K M S Garden Murugan Nagar, Salem, Tamil Nadu, India – 636016
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Thrive Automobiles 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
Business activity
The main business activity of Thrive Automobiles is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Thrive Automobiles Private Limited, buy the company report.
Financials of Thrive Automobiles Private Limited
FY 2025 filings availableThrive Automobiles Private Limited reported revenue of ₹4.34 Lakh (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹60.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹61.16 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Thrive Automobiles Private Limited, buy the company report.
Board of directors of Thrive Automobiles Private Limited
Thrive Automobiles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sekar Vanishree | Director | 02 Aug 2017 | 9 Years 3 Months | Current |
| Rhithyka Balasundaram Also directs: VR Automotives Private Limited | Director | 02 Aug 2017 | 9 Years 3 Months | Current |
| Vikgnesh Also directs: VR Automotives Private Limited | Managing Director | 02 Aug 2017 | 9 Years 3 Months | Current |
Shareholding
The shareholding of Thrive Automobiles Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Thrive Automobiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2021 | 100482181 | State Bank of India | ₹1.75 Cr | Open | |
| 21 Aug 2017 | 100123602 | State Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Thrive Automobiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Thrive Automobiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thrive Automobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thrive Automobiles Private Limited has a workforce of 20 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Thrive Automobiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCT3694J1ZZ | Tamil Nadu | Active | 17 Aug 2017 |
To see the full GST registrations and return filing status of Thrive Automobiles Private Limited, buy the company report.
Recent activity
Thrive Automobiles Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Rhithyka Balasundaram was appointed as Director on 02 Aug 2017.
Frequently asked questions
Thrive Automobiles is an active private limited company based in Salem, Tamil Nadu, India. The company works in retailers, within the trading industry. It was incorporated on 02 August 2017 (9+ years old) and is registered under CIN U50100TZ2017PTC029289.
Thrive Automobiles has 3 current directors:
- Vikgnesh - Managing Director
- Sekar Vanishree - Director
- Rhithyka Balasundaram - Director
The latest financial statements of Thrive Automobiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Thrive Automobiles is 33AAGCT3694J1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thrive Automobiles is U50100TZ2017PTC029289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thrive Automobiles was incorporated on 02 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
Rhithyka Balasundaram was appointed as Director on 02 Aug 2017. Sekar Vanishree was appointed as Director on 02 Aug 2017. Vikgnesh was appointed as Managing Director on 02 Aug 2017.
The registered office of Thrive Automobiles is at 1612 B30 Alagapuram Pudur K M S Garden Murugan Nagar, Salem, Tamil Nadu, India – 636016.
Thrive Automobiles operates in the trading industry, in the retailers segment.
Thrive Automobiles has open charges of ₹1.75 Cr and satisfied charges of ₹1.5 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
