Ashvar Automobiles Private Limited

Provides car trading and services since 2016, based in New Delhi.

2016 | Delhi (India) | Active
Last Updated: December 12, 2024

Ashvar Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.95 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.98 Cr
  • Satisfied Charges ₹ 31.42 Cr
  • Revenue Growth 6.15%
  • Profit Growth 3.77%
  • Ebitda 93.28%
  • Net Worth 36.04%
  • Total Assets -20.74%

About Ashvar Automobiles

Ashvar Automobiles Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 September 2016 (Eight years and four months 17 days old ). Its registered office is in Delhi, 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 5.00 Cr and a paid-up capital of Rs 4.95 Cr.

The company currently has active open charges totaling ₹41.98 Cr. The company has closed loans amounting to ₹31.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Varun Gupta and Ved Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300DL2016PTC306606

  • Company No.

    306606

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2016

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Ashvar Automobiles?

Board Members (2)

Name Designation Appointment Date Status
Varun Gupta Country flag representing In Director 29-Sep-2016 Current
Ved Gupta Country flag representing In Director 21-Sep-2021 Current

Financial Performance of Ashvar Automobiles.

Ashvar Automobiles Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.15% increase. The company also saw a slight improvement in profitability, with a 3.77% increase in profit. The company's net worth Soared by an impressive increase of 36.04%.

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
6.15%
Revenue from Operations
10.48%
Total Assets
-20.74%
Profit or Loss
3.77%
Net Worth
36.04%
EBITDA
93.28%

What is the Ownership and Shareholding Structure of Ashvar Automobiles?

In 2022, Ashvar Automobiles 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

₹41.98 Cr

Satisfied Charges

₹31.42 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 28.83 Cr
  • Others : 12.50 Cr
  • Hdfc Bank Limited : 0.65 Cr

Latest Charge Details

Date Lender Amount Status
07 Mar 2024 Hdfc Bank Limited ₹3.95 M Open
13 Oct 2023 Others ₹7.50 Cr Open
10 Aug 2022 Hdfc Bank Limited ₹2.50 M Open
26 Apr 2022 Others ₹5.00 Cr Open
23 Jul 2019 State Bank Of India ₹28.83 Cr Open

How Many Employees Work at Ashvar Automobiles?

Ashvar Automobiles has a workforce of 13 employees as of Apr 07, 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 Ashvar Automobiles, 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 Ashvar Automobiles'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 Ashvar Automobiles

Recent activity within the organization

  • Annual General Meeting

    Ashvar Automobiles Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Ashvar Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 28.83 Cr registered on 23 Jul 2019 with Charge ID 100278993 was modified on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100889876 was registered on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 26 Apr 2022 with Charge ID 100572338 was modified on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100814118 was registered on 13 Oct 2023.

    13 Oct 2023

Frequently asked questions

  • Ashvar Automobiles Private Limited was incorporated on 29 Sep 2016.

  • The authorized share capital of Ashvar Automobiles Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.95 Cr.

  • Currently 2 directors are associated with Ashvar Automobiles Private Limited.

    • Varun Gupta
    • Ved Prakash Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashvar Automobiles Private Limited is Wz-196 A/1, F-11 Virender Nagar India, New Delhi, 110058.

  • The corporate identification number (CIN) of Ashvar Automobiles Private Limited is U34300DL2016PTC306606 and the company number is 306606 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ashvar Automobiles Private Limited has risen by 6.15%.

  • As Per 2022 financial reports, 13 employees are currently employed by Ashvar Automobiles Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ashvar Automobiles Private Limited has experienced an upsurge of 36.04%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ashvar Automobiles Private Limited amount to ₹ 41.98 Cr.

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

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