About Unnati Vehicles Private Limited
Data last updated:
Unnati Vehicles Private Limited is a private limited company based in Nagpur, Maharashtra, India, a subsidiary of Micropark Logistics Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 08 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2011PTC224693. Its GSTIN is 27AABCU3821B1ZS (Maharashtra).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors Hitesh Dhirajlal Parikh and Hemang Ajitbhai Parikh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No 2126 Near MIDC T Point Amravati Road Wadi, Nagpur, Maharashtra, India – 440023.
As per the financials filed for FY 2025, the company reported a revenue of ₹183.65 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹1.26 Cr (net margin -0.7%) and EBITDA of ₹3.17 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company has about 621 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹58.85 Cr and satisfied charges of ₹19.25 Cr on record. Court records list 20 cases involving the company, including 11 filed by the company and 9 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unnativehicles.com.
Company details
CIN history
Unnati Vehicles has one previous CIN (Corporate Identification Number): U50102MH2011PTC224693. The current CIN is U74110MH2011PTC224693, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2011PTC224693 | Current |
| U50102MH2011PTC224693 | Previous |
Contact details
Unnati Vehicles Private Limited's registered office is in Nagpur, Maharashtra. Its website is unnativehicles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No 2126 Near MIDC T Point Amravati Road Wadi, Nagpur, Maharashtra, India – 440023
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Unnati Vehicles 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 Unnati Vehicles 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 Unnati Vehicles Private Limited, buy the company report.
Financials of Unnati Vehicles Private Limited
FY 2024 filings availableUnnati Vehicles Private Limited reported revenue of ₹183.65 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 41% 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 | ₹3.17 Cr | ||||
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| Net Profit (PAT) | -₹1.26 Cr | ||||
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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 | 1.7% | ||||
| Net Profit Margin | -0.7% | ||||
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To see the full financial statements and ratios of Unnati Vehicles Private Limited, buy the company report.
Board of directors of Unnati Vehicles Private Limited
Unnati Vehicles 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 |
|---|---|---|---|---|
| Hitesh Dhirajlal Parikh Also directs: Augusta Motors Private Limited., Unnati Cars Private Limited, Unnati Nexdrive Private Limited and 5 more | Director | 08 Dec 2011 | 14 Years 10 Months | Current |
| Hemang Ajitbhai Parikh Also directs: Augusta Motors Private Limited., Unnati Cars Private Limited, Unnati Nexdrive Private Limited and 5 more | Director | 08 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Unnati Vehicles Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| SS Motogen Private Limited | ₹185.14 Cr (FY 2025) | -3.0% | Ranchi, Jharkhand, India | |||
| Rudra Automart Private Limited | ₹184.1 Cr (FY 2025) | 15.0% | Asansol, West Bengal, India | |||
| Bia Ventures Private Limited | ₹183.84 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Counto Automobiles Private Limited | ₹183.78 Cr (FY 2025) | -1.0% | Goa, India | |||
| Unnati Vehicles Private Limitedthis company | ₹183.65 Cr (FY 2025) | -₹1.26 Cr | -0.7% | -12.0% | 621 | Nagpur, Maharashtra, India |
| Sairam Wheels Private Limited | ₹183.07 Cr (FY 2025) | -5.0% | Raipur, Chhattisgarh, India | |||
| Khanna Auto Sales Private Limited | ₹183.06 Cr (FY 2025) | 2.0% | Uttar Pradesh, India | |||
| One Planet Recycling Private Limited | ₹183.05 Cr (FY 2023) | 1177.0% | Hyderabad, Telangana, India | |||
| Commercial Motor Sales Private Limited | ₹182.98 Cr (FY 2025) | 4.0% | Uttar Pradesh, India |
To see the full peer comparison of Unnati Vehicles Private Limited, buy the company report.
Auditor
Unnati Vehicles Private Limited is audited by A B Upadhaye & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B Upadhaye & Co. | FY 2022 | 0148379W |
Shareholding
The shareholding of Unnati Vehicles 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 Unnati Vehicles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2021 | 100423758 | Others | ₹75 Lakh | Open | |
| 01 Oct 2020 | 100379284 | Others | ₹1.64 Cr | Open | |
| 29 Aug 2019 | 100288145 | Others | ₹10 Cr | Open | |
| 19 Jun 2018 | 100193654 | Others | ₹6 Cr | Open | |
| 28 Oct 2017 | 100180385 | Others | ₹1.05 Cr | Open |
To see the full charge records of Unnati Vehicles Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Unnati Vehicles Private Limited has 20 court cases on record: 11 filed by Unnati Vehicles, 9 filed against it. 4 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 8 | 3 |
| High courts | 6 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S Central Cables Ltd. Through Shashikant Lad | Disposed |
| District court, Nagpur, Maharashtra | Court case (Distress Warrant) | Filed against the company by M/S Central Cables Ltd., Through Its Authorized Signatory Shri Vasant Deoraoji Thakre | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Sequel Motors Pvt Limited Through Its Director Mr. Shabbir Vali and 3 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Eros Motors Pvt. Limited, Nagpur Through Director Mr. Anuj Kumar Pande and 3 others | Disposed |
| District court, Nagpur, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against M/S B. S. Dhatu Pvt. Ltd. and Other and 1 other | Disposed |
To see the full case history of Unnati Vehicles 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
Unnati Vehicles Private Limited was last rated by Crisil on 21 Feb 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Feb 2017 |
To see the full credit ratings and regulatory alerts of Unnati Vehicles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Unnati Vehicles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Unnati Vehicles Private Limited has a workforce of 621 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Unnati Vehicles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU3821B1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Unnati Vehicles Private Limited, buy the company report.
Recent activity
Unnati Vehicles Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Ramashankar Mehadia ceased to be Director on 06 Jan 2020.
24 earlier events are in the company report.
Frequently asked questions
Unnati Vehicles is an active private limited company based in Nagpur, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 08 December 2011 (15+ years old) and is registered under CIN U74110MH2011PTC224693.
Unnati Vehicles has 2 current directors:
- Hitesh Dhirajlal Parikh - Director
- Hemang Ajitbhai Parikh - Director
The latest financial statements of Unnati Vehicles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Unnati Vehicles is 27AABCU3821B1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Unnati Vehicles is U74110MH2011PTC224693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unnati Vehicles has 20 court cases on record: 11 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.
Unnati Vehicles was incorporated on 08 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Unnati Vehicles by revenue are SS Motogen Private Limited, Rudra Automart Private Limited, Bia Ventures Private Limited, Counto Automobiles Private Limited, Sairam Wheels Private Limited and 3 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Ramashankar Mehadia ceased to be Director on 06 Jan 2020. Hemang Ajitbhai Parikh was appointed as Director on 08 Dec 2011. Hitesh Dhirajlal Parikh was appointed as Director on 08 Dec 2011.
Unnati Vehicles can be reached through the website unnativehicles.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Unnati Vehicles is at House No 2126 Near MIDC T Point Amravati Road Wadi, Nagpur, Maharashtra, India – 440023.