Ashwani Automobiles Private Limited

Auto company that trades, manufactures, and sells cars, parts, and lubricants.

2001 | U T, Chandigarh (India) | Active
Last Updated: July 27, 2024

Ashwani Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 23 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 46.15 Cr
  • Satisfied Charges ₹ 34.35 Cr
  • Revenue Growth 64.11%
  • Profit Growth 17.39%
  • Ebitda 2.01%
  • Net Worth 17.29%
  • Total Assets 16.77%

About Ashwani Automobiles

Ashwani Automobiles Private Limited (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 October 2001 and has a history of 23 years and three months. Its registered office is in U T, Chandigarh, 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 5.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹46.15 Cr. The company has closed loans amounting to ₹34.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajay Grover, Akshay Grover, Neera Grover, and One other member serve as directors at the Company.

Company Details

  • Location

    U T, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50101CH2001PTC024711

  • Company No.

    024711

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

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

Board Members (4)

Name Designation Appointment Date Status
Karan Grover Country flag representing In Whole-Time Director 30-Sep-2011 Current
Akshay Grover Country flag representing In Whole-Time Director 03-Dec-2010 Current
Ajay Grover Country flag representing In Whole-Time Director 30-Aug-2002 Current
Neera Grover Country flag representing In Whole-Time Director 03-Dec-2010 Current

Financial Performance of Ashwani Automobiles.

Ashwani Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.11% increase. The company also saw a substantial improvement in profitability, with a 17.39% increase in profit. The company's net worth Soared by an impressive increase of 17.29%.

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
64.11%
Revenue from Operations
62.70%
Total Assets
16.77%
Profit or Loss
17.39%
Net Worth
17.29%
EBITDA
2.01%

What is the Ownership and Shareholding Structure of Ashwani Automobiles?

In 2023, Ashwani 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

₹461.50 M

Satisfied Charges

₹343.50 M

Charges Breakdown by Lending Institutions

  • Others : 46.15 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 2022 Others ₹4.95 Cr Open
29 Jul 2009 Others ₹41.20 Cr Open
27 Jan 2022 Others ₹31.35 Cr Satisfied
15 Dec 2008 Idbi Bank Limited ₹3.00 Cr Satisfied

How Many Employees Work at Ashwani Automobiles?

Ashwani Automobiles has a workforce of 89 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 Ashwani 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 Ashwani 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 Ashwani Automobiles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ashwani Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 412.00 M registered on 29 Jul 2009 with Charge ID 10171671 was modified on 06 Jan 2023.

    06 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 49.50 M with Charge ID 100554264 was registered on 24 Mar 2022.

    24 Mar 2022

  • Charges

    A charge registered on 27 Jan 2022 via Charge ID 100528580 with Others was fully satisfied on 24 Feb 2022.

    24 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 313.50 M with Charge ID 100528580 was registered on 27 Jan 2022.

    27 Jan 2022

Frequently asked questions

  • Ashwani Automobiles Private Limited was incorporated on 15 Oct 2001.

  • The authorized share capital of Ashwani Automobiles Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 4 directors are associated with Ashwani Automobiles Private Limited.

    • Ajay Grover
    • Akshay Grover
    • Neera Grover
    • Karan Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashwani Automobiles Private Limited is 181/3 B Industrial Areaphase I Chandigarh, U T, India.

  • The corporate identification number (CIN) of Ashwani Automobiles Private Limited is U50101CH2001PTC024711 and the company number is 024711 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashwani Automobiles Private Limited has risen by 64.11%.

  • As Per 2023 financial reports, 89 employees are currently employed by Ashwani Automobiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashwani Automobiles Private Limited has experienced an upsurge of 17.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashwani Automobiles Private Limited amount to ₹ 46.15 Cr.

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

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