Ashvar Cars India Private Limited

New Delhi-based company trades car and spare parts, established in 2019.

2019 | Delhi (India) | Active
Last Updated:

Ashvar Cars India Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 8.50 Cr
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.92 Cr
  • Revenue Growth 0.16%
  • Profit Growth -5.47%
  • Ebitda -2.26%
  • Net Worth 123.03%
  • Total Assets 171.79%

About Ashvar Cars India

Ashvar Cars India Private Limited (ACIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2019 (Five years and nine months 30 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 2023. It's a company limited by shares with an authorized capital of Rs 8.50 Cr and a paid-up capital of Rs 8.50 Cr.

The company currently has active open charges totaling ₹47.92 Cr.

Ashok Aggarwal, Madhu Aggarwal, and Tushar Aggarwal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50400DL2019PTC352278

  • Company No.

    352278

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Company report

Ashvar Cars India Private Limited

Explore comprehensive data for Ashvar Cars India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Aggarwal Country flag representing In Director 05-Jul-2019Current
Madhu Aggarwal Country flag representing In Director 21-Sep-2021Current
Tushar Aggarwal Country flag representing In Director 21-Sep-2021Current

Financial Performance of Ashvar Cars India.

Ashvar Cars India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.16% increase. The company also saw a slight decrease in profitability, with a 5.47% decrease in profit. The company's net worth Soared by an impressive increase of 123.03%.

Ashvar Cars India revenue growth over time
Ashvar Cars India 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
0.16%
Revenue from Operations
-0.23%
Total Assets
171.79%
Profit or Loss
-5.47%
Net Worth
123.03%
EBITDA
-2.26%

What is the Ownership and Shareholding Structure of Ashvar Cars India?

In 2023, Ashvar Cars India 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

₹47.92 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 41.92 Cr
  • Others : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Sep 2024Others₹6.00 CrOpen
08 Nov 2019State Bank Of India₹41.92 CrOpen

How Many Employees Work at Ashvar Cars India?

Ashvar Cars India has a workforce of 34 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.

Employee growth trends for Ashvar Cars India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashvar Cars India, 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 Cars India'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 Cars India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100987453 was registered on 20 Sep 2024.

  • Charges

    A charge with State Bank Of India of Rs. 41.92 Cr registered on 08 Nov 2019 with Charge ID 100301273 was modified on 29 Aug 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Ashvar Cars India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Madhu Aggarwal was appointed as a Director was appointed as a Director on 21 Sep 2021 & has been associated with this company since 3 years 7 months .

  • Director Appointment

    Tushar Aggarwal was appointed as a Director was appointed as a Director on 21 Sep 2021 & has been associated with this company since 3 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ashvar Cars India Private Limited?

    Ashvar Cars India Private Limited was incorporated on 05 Jul 2019.

  • What is authorized share capital and paid-up capital of Ashvar Cars India Private Limited?

    The authorized share capital of Ashvar Cars India Private Limited is ₹ 8.50 Cr and paid-up capital is ₹ 8.50 Cr.

  • Who are the current board members & directors of Ashvar Cars India Private Limited?

    Currently 3 directors are associated with Ashvar Cars India Private Limited.

    • Ashok Kumar Aggarwal
    • Madhu Aggarwal
    • Tushar Aggarwal

  • What is the registered address of Ashvar Cars India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashvar Cars India Private Limited is C-2/52, Basement Janak Puri India, New Delhi, 110058.

  • What is the corporate identification number (CIN) and company number of Ashvar Cars India Private Limited?

    The corporate identification number (CIN) of Ashvar Cars India Private Limited is U50400DL2019PTC352278 and the company number is 352278 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ashvar Cars India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ashvar Cars India Private Limited has risen by 0.16%.

  • How many employees does Ashvar Cars India Private Limited currently have?

    As Per 2023 financial reports, 34 employees are currently employed by Ashvar Cars India Private Limited.

  • What change has been observed in the net worth of Ashvar Cars India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ashvar Cars India Private Limited has experienced an upsurge of 123.03%.

  • What are the total open charges for Ashvar Cars India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ashvar Cars India Private Limited amount to ₹ 47.92 Cr.

  • When was the last Balance Sheet of Ashvar Cars India Private Limited filed with the ROC?

    The most recent Balance Sheet for Ashvar Cars India Private Limited was filed with the ROC on 31 Mar 2023.

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