Abzo Motors Private Limited

Manufactures electric vehicles, established in 2019, based in Gujarat.

2019 | Mahesana, Gujarat (India) | Active
Last Updated: October 24, 2024

Abzo Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.81 Cr
  • Revenue Growth %
  • Profit Growth -65.65%
  • Ebitda -65.65%
  • Net Worth -125.26%
  • Total Assets 1564.99%

About Abzo Motors

Abzo Motors Private Limited (AMPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 March 2019 (Five years and ten months 22 days old ). Its registered office is in Mahesana, Gujarat, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹20.81 Cr.

Chirag Patel, Kalpanaben Patel, and Kanchi Patel serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300GJ2019PTC107016

  • Company No.

    107016

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

Who are the key members and board of directors at Abzo Motors?

Board Members (3)

Name Designation Appointment Date Status
Kanchi Patel Country flag representing In Director 11-Mar-2019 Current
Chirag Patel Country flag representing In Director 11-Mar-2019 Current
Kalpanaben Patel Country flag representing In Director 11-Mar-2019 Current

Financial Performance of Abzo Motors.

Abzo Motors Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 65.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 125.26%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
Revenue from Operations
Total Assets
1564.99%
Profit or Loss
-65.65%
Net Worth
-125.26%
EBITDA
-65.65%

What is the Ownership and Shareholding Structure of Abzo Motors?

In 2023, Abzo Motors 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 Indicator graph

Charges (Loans)

Open Charges

₹20.81 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 20.81 Cr

Latest Charge Details

Date Lender Amount Status
25 May 2023 Others ₹2.00 Cr Open
25 May 2023 Others ₹5.00 Cr Open
23 May 2023 Others ₹13.81 Cr Open

How Many Employees Work at Abzo Motors?

Abzo Motors has a workforce of 32 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abzo Motors, 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 Abzo Motors'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.

Latest Updates, News, and FAQs on Abzo Motors

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 13.81 Cr registered on 23 May 2023 with Charge ID 100728290 was modified on 15 Jun 2024.

    15 Jun 2024

  • Annual General Meeting

    Abzo Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100728561 was registered on 25 May 2023.

    25 May 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100730088 was registered on 25 May 2023.

    25 May 2023

  • Charges

    A charge with Others amounted to Rs. 13.81 Cr with Charge ID 100728290 was registered on 23 May 2023.

    23 May 2023

  • Balance Sheet

    Abzo Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Abzo Motors Private Limited was incorporated on 11 Mar 2019.

  • The authorized share capital of Abzo Motors Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Abzo Motors Private Limited.

    • Chirag Shankarbhai Patel
    • Kalpanaben Chiragbhai Patel
    • Kanchi Chiragbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abzo Motors Private Limited is Survey No. 596/001 Thol Road Rangpurda Bus Stop, Rangpurda- India, Kadi, Gujarat, 382715.

  • The corporate identification number (CIN) of Abzo Motors Private Limited is U34300GJ2019PTC107016 and the company number is 107016 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abzo Motors Private Limited is https://www.abzomotors.com

  • As Per 2023 financial reports, 32 employees are currently employed by Abzo Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abzo Motors Private Limited has experienced an downturn of -125.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Abzo Motors Private Limited amount to ₹ 20.81 Cr.

  • The most recent Balance Sheet for Abzo Motors Private Limited was filed with the ROC on 31 Mar 2023.

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