- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CH-01-0007592

About Ultimate Automobiles Private Limited
Data last updated:
Ultimate Automobiles Private Limited is a private limited company based in Chandigarh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 21 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U34103CH1998PTC021708. Its GSTIN is 04AAACU2769H1ZC (Chandigarh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51.84 Lakh. It is led by directors Geeta Talwar and Achhru Ram Talwar.
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 154 155 Industrial Areaphase 1 Chandigarh, Chandigarh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹129.33 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹69.39 Lakh (net margin 0.5%) and EBITDA of ₹3.54 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.9 Cr and satisfied charges of ₹4.95 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 3 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹8.8 Lakh; the latest was in January 2020. Its 6 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 4 larger and 2 smaller; the largest is Relan Motors Private Limited with revenue of ₹130 Cr. The company has 4 MSME Form 1 returns on record between 2018 and 2021, listing 7 overdue payments to 2 micro and small suppliers.
Ultimate Automobiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0007592). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ultimate.hyundaimotor.in.
Company details
Recognitions & Rankings of Ultimate Automobiles
Contact details
Ultimate Automobiles Private Limited's registered office is in Chandigarh. Its website is ultimate.hyundaimotor.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address154 155 Industrial Areaphase 1 Chandigarh, Chandigarh, India
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Ultimate 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 Ultimate Automobiles is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ultimate Automobiles Private Limited, buy the company report.
Financials of Ultimate Automobiles Private Limited
FY 2025 filings availableUltimate Automobiles Private Limited reported revenue of ₹129.33 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.54 Cr | ||||
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| Net Profit (PAT) | ₹69.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Ultimate Automobiles Private Limited, buy the company report.
Board of directors of Ultimate Automobiles Private Limited
Ultimate Automobiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Talwar Also directs: Excel Automotives Private Limited | Director | 25 Aug 2004 | 22 Years 2 Months | Current |
| Achhru Ram Talwar | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Ultimate Automobiles Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Relan Motors Private Limited | ₹130 Cr (FY 2025) | -1.0% | Ajmer, Rajasthan, India | |||
| Morani Cars Private Limited | ₹129.88 Cr (FY 2019) | -32.0% | Jaipur, Rajasthan, India | |||
| Suryoday Auto Private Limited | ₹129.61 Cr (FY 2025) | 6.0% | Vasai, Maharashtra, India | |||
| Sehgal Wheels Private Limited | ₹129.47 Cr (FY 2023) | 7.0% | Pune, Maharashtra, India | |||
| Ultimate Automobiles Private Limitedthis company | ₹129.33 Cr (FY 2025) | ₹69.39 Lakh | 0.5% | -9.0% | 90 | Chandigarh, India |
| KNS Vinayak Commercials Private Limited | ₹129.14 Cr (FY 2025) | -1.0% | Raipur, Chhattisgarh, India | |||
| Ambay Autocars Private Limited | ₹129.09 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ultimate Automobiles Private Limited, buy the company report.
Auditor
Ultimate Automobiles Private Limited is audited by P.K. VASUDEVA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K. VASUDEVA & CO. | FY 2023 | 000724N |
Shareholding
The shareholding of Ultimate Automobiles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ultimate Automobiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2008 | 10133829 | State Bank of India | ₹24.9 Cr | Open | |
| 08 May 2015 | 10582301 | State Bank of India | ₹4.95 Cr | Satisfied |
To see the full charge records of Ultimate Automobiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ultimate Automobiles Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹8.8 Lakh; the latest was in January 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Rights issue | ₹50 Lakh | Investors: an individual |
| Mar 2015 | Funding round | ₹8.8 Lakh | Investors: Excel Automotives Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ultimate Automobiles Private Limited has 11 court cases on record: 8 filed by Ultimate Automobiles, 3 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 1 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Interim or miscellaneous application | Filed by the company against CSJ Infrastructure P Ltd and 1 other | Disposed |
| District court, Panchkula, Haryana | Civil suit | Filed by the company against The New India Assurance Co. Ltd. and 1 other | Disposed |
| District court, Chandigarh | Arbitration matter | Filed by the company against CSJ Infrastructure Pvt Ltd and 1 other | Disposed |
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against CSJ Infrastructure Private Ltd and Ors and 1 other | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of Ultimate Automobiles 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.
Credit ratings & regulatory alerts
Ultimate Automobiles Private Limited was last rated by Crisil on 30 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jan 2020 |
To see the full credit ratings and regulatory alerts of Ultimate Automobiles Private Limited, buy the company report.
MSME payment delays
Ultimate Automobiles Private Limited has 4 MSME Form 1 returns on record between 2018 and 2021, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ultimate Automobiles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ultimate Automobiles Private Limited has a workforce of 90 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Ultimate Automobiles has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAACU2769H1ZC | Chandigarh | Active | 01 Jul 2017 |
| 06AAACU2769H1Z8 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ultimate Automobiles Private Limited, buy the company report.
Recent activity
Ultimate Automobiles Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Achhru Ram Talwar was appointed as Director on 12 Nov 2018.
Frequently asked questions
Ultimate Automobiles is an active private limited company based in Chandigarh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 21 August 1998 (28+ years old) and is registered under CIN U34103CH1998PTC021708.
Ultimate Automobiles has 2 current directors:
- Geeta Talwar - Director
- Achhru Ram Talwar - Director
The latest financial statements of Ultimate 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 2015 are in the company report.
The GSTIN of Ultimate Automobiles is 04AAACU2769H1ZC, registered in Chandigarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAACU2769H1Z8 (Haryana).
The CIN (Corporate Identification Number) of Ultimate Automobiles is U34103CH1998PTC021708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultimate Automobiles has 11 court cases on record: 8 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Ultimate Automobiles was incorporated on 21 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ultimate Automobiles has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹8.8 Lakh; the latest was in January 2020.
The peers of Ultimate Automobiles by revenue are Relan Motors Private Limited, Morani Cars Private Limited, Suryoday Auto Private Limited, Sehgal Wheels Private Limited, KNS Vinayak Commercials Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Achhru Ram Talwar was appointed as Director on 12 Nov 2018. Krishna Wanti Sehgal ceased to be Director on 12 Nov 2018. Geeta Talwar was appointed as Director on 25 Aug 2004.
Yes, Ultimate Automobiles is registered as a medium enterprise under Udyam registration (number: UDYAM-CH-01-0007592).
Ultimate Automobiles has 4 MSME Form 1 returns on record between 2018 and 2021, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 05 Oct 2021.

