Acclaim Motors Private Limited

Specializes in selling Royal Enfield bikes, parts, and accessories since 2013 in Bangalore, Karnataka.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Acclaim Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.46 Cr
  • Revenue Growth 68.19%
  • Profit Growth 166.78%
  • Ebitda 92.33%
  • Net Worth 81.55%
  • Total Assets 9.46%

About Acclaim Motors

Acclaim Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 2013 and has a history of 11 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 2024. 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 Cr.

The company currently has active open charges totaling ₹4.46 Cr.

Raja Datta, Shanker Govindraj, Kopparam Rohit, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50400KA2013PTC069386

  • Company No.

    069386

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

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

Board Members (4)

Name Designation Appointment Date Status
Raja Datta Country flag representing In Director 17-Oct-2024 Current
Shanker Govindraj Country flag representing In Director 29-May-2013 Current
Kopparam Rohit Country flag representing In Director 29-May-2013 Current
Sindhu Suchindra Country flag representing In Director 07-Nov-2014 Current

Financial Performance of Acclaim Motors.

Acclaim Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.19% increase. The company also saw a substantial improvement in profitability, with a 166.78% increase in profit. The company's net worth Soared by an impressive increase of 81.55%.

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
68.19%
Revenue from Operations
67.65%
Total Assets
9.46%
Profit or Loss
166.78%
Net Worth
81.55%
EBITDA
92.33%

What is the Ownership and Shareholding Structure of Acclaim Motors?

In 2023, Acclaim Motors had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.46 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 3.00 Cr
  • The Karnataka Bank Limited : 1.00 Cr
  • Others : 0.46 Cr

Latest Charge Details

Date Lender Amount Status
18 Jun 2021 Others ₹4.55 M Open
04 Dec 2014 Karnataka Bank Ltd. ₹3.00 Cr Open
28 Nov 2014 The Karnataka Bank Limited ₹1.00 Cr Open

How Many Employees Work at Acclaim Motors?

Acclaim Motors has a workforce of 56 employees as of Apr 05, 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 Acclaim 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 Acclaim 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 Acclaim Motors

Recent activity within the organization

  • Director Appointment

    Raja Datta was appointed as a Director was appointed as a Director on 17 Oct 2024 & has been associated with this company since 3 months 23 days .

    17 Oct 2024

  • Annual General Meeting

    Acclaim Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 3.00 Cr registered on 04 Dec 2014 with Charge ID 10537362 was modified on 25 Sep 2024.

    25 Sep 2024

  • Balance Sheet

    Acclaim Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.46 Cr with Charge ID 100469352 was registered on 18 Jun 2021.

    18 Jun 2021

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 3.00 Cr with Charge ID 10537362 was registered on 04 Dec 2014.

    04 Dec 2014

Frequently asked questions

  • Acclaim Motors Private Limited was incorporated on 29 May 2013.

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

  • Currently 4 directors are associated with Acclaim Motors Private Limited.

    • Raja Datta
    • Shanker Kopparam Govindraj
    • Kopparam Govindraj Rohit
    • Sindhu Raja Suchindra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Acclaim Motors Private Limited is G-1 Pyramid North Square 520/432 Bellary Road Nehru Nagar Yelahanka, - India, Bangalore, Karnataka, 560064.

  • The corporate identification number (CIN) of Acclaim Motors Private Limited is U50400KA2013PTC069386 and the company number is 069386 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Acclaim Motors Private Limited is https://www.acclaimmotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Acclaim Motors Private Limited has risen by 68.19%.

  • As Per 2023 financial reports, 56 employees are currently employed by Acclaim Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Acclaim Motors Private Limited has experienced an upsurge of 81.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Acclaim Motors Private Limited amount to ₹ 4.46 Cr.

  • The most recent Balance Sheet for Acclaim Motors Private Limited was filed with the ROC on 31 Mar 2024.

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