Asthavinayak Motors Private Limited

Wholesale trading of motor vehicles, parts, and accessories.

2008 | Khordha, Orissa (India) | Active
Last Updated: July 17, 2024

Asthavinayak Motors Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.21 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 105.20 Cr
  • Satisfied Charges ₹ 20.50 Cr
  • Revenue Growth 58.54%
  • Profit Growth 194.91%
  • Ebitda -11.05%
  • Net Worth 13.63%
  • Total Assets -2.64%

About Asthavinayak Motors

Asthavinayak Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 2008 and has a history of 16 years and 11 months. Its registered office is in Khordha, Orissa, India.

The Corporate was formerly known as Cheer Tie-Up Private Limited. 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 2.50 M and a paid-up capital of Rs 2.21 M.

The company currently has active open charges totaling ₹105.20 Cr. The company has closed loans amounting to ₹20.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Jhajharia and Rakesh Agrawal serve as directors at the Company.

Company Details

  • Location

    Khordha, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vinayaks.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102OR2008PTC019586

  • Company No.

    019586

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Automotive

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

Board Members (2)

NameDesignationAppointment DateStatus
Rakesh Agrawal Country flag representing In Director 13-Feb-2012Current
Anil Jhajharia Country flag representing In Director 15-Jul-2019Current

Financial Performance of Asthavinayak Motors.

Asthavinayak Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.54% increase. The company also saw a substantial improvement in profitability, with a 194.91% increase in profit. The company's net worth Soared by an impressive increase of 13.63%.

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
58.54%
Revenue from Operations
58.55%
Total Assets
-2.64%
Profit or Loss
194.91%
Net Worth
13.63%
EBITDA
-11.05%

What is the Ownership and Shareholding Structure of Asthavinayak Motors?

In 2023, Asthavinayak 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

₹1,051.95 M

Satisfied Charges

₹205.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 37.90 Cr
  • Others : 33.50 Cr
  • Indian Bank : 17.50 Cr
  • Axis Bank Limited : 11.30 Cr
  • Tata Capital Financial Services Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2023Axis Bank Limited₹10.00 CrOpen
16 Mar 2023Others₹5.00 CrOpen
29 Mar 2022Axis Bank Limited₹8.95 MOpen
11 Mar 2022Axis Bank Limited₹4.00 MOpen
25 Oct 2021Others₹13.50 CrOpen

How Many Employees Work at Asthavinayak Motors?

Asthavinayak Motors has a workforce of 92 employees as of Apr 01, 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 Asthavinayak 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 Asthavinayak 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 Asthavinayak Motors

Recent activity within the organization

  • Annual General Meeting

    Asthavinayak 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 Tata Capital Financial Services Limited of Rs. 50.00 M registered on 06 Jan 2021 with Charge ID 100409066 was modified on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 100809483 was registered on 22 Aug 2023.

    22 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100703573 was registered on 16 Mar 2023.

    16 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 229.00 M registered on 20 Mar 2021 with Charge ID 100452487 was modified on 15 Sep 2022.

    15 Sep 2022

Frequently asked questions

  • Asthavinayak Motors Private Limited was incorporated on 25 Feb 2008.

  • The authorized share capital of Asthavinayak Motors Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.21 M.

  • Currently 2 directors are associated with Asthavinayak Motors Private Limited.

    • Anil Kumar Jhajharia
    • Rakesh Kumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asthavinayak Motors Private Limited is Plot No 259 Pitapalli, Khordha, Orissa, India, 752056.

  • The corporate identification number (CIN) of Asthavinayak Motors Private Limited is U50102OR2008PTC019586 and the company number is 019586 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asthavinayak Motors Private Limited is https://www.vinayaks.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asthavinayak Motors Private Limited has risen by 58.54%.

  • As Per 2023 financial reports, 92 employees are currently employed by Asthavinayak Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asthavinayak Motors Private Limited has experienced an upsurge of 13.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asthavinayak Motors Private Limited amount to ₹ 105.20 Cr.

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

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