Bangalore Motors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.50 M
- Company Age 15 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.00 Cr
- Satisfied Charges ₹ 19.00 Cr
- Revenue Growth 61.58%
- Profit Growth 49.23%
- Ebitda 51.41%
- Net Worth 15.47%
- Total Assets 26.48%
About Bangalore Motors
Bangalore Motors Private Limited (BMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 2009 and has a history of 15 years and 11 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹19.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vellore Vijayendra, Vellore Pravindra, Vellore Ravindra, and Six other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50102KA2009PTC049388
- Company No.
049388
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
Who are the key members and board of directors at Bangalore Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vellore Sujay  | Managing Director | 17-Mar-2009 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Surendra | Director | 18-Mar-2015 | Current |
| Vellore Vijayendra | Director | 17-Mar-2009 | Current |
| Vellore Pravindra | Director | 18-Mar-2015 | Current |
| Vellore Ravindra | Director | 17-Mar-2009 | Current |
| Tiruvengadaswamy Padmanabhan | Director | 18-Mar-2015 | Current |
| Vellore Anand | Director | 18-Mar-2015 | Current |
Financial Performance of Bangalore Motors.
Bangalore Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.58% increase. The company also saw a substantial improvement in profitability, with a 49.23% increase in profit. The company's net worth Soared by an impressive increase of 15.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bangalore Motors?
In 2023, Bangalore 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.
Related Corporates (Common Directorship)
Chennai Auto Agency Private LimitedVellore Pravindra, Vellore Ravindra and 2 more are mutual person
V.S.T.Motors Private LimitedVellore Vijayendra, Vellore Pravindra and 7 more are mutual person
Gove Finance LimitedVellore Surendra and Arun Surendra are mutual person
Innoved K-12 Technologies Private LimitedVellore Pravindra is a mutual person
- V.S.T.Auto Ancillaries Private Limited
Vellore Vijayendra, Vellore Pravindra and 7 more are mutual person
Charges (Loans)
Open Charges
₹350.00 M
Satisfied Charges
₹190.00 M
Charges Breakdown by Lending Institutions
- Others : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2021 | Others | ₹20.00 Cr | Open |
| 01 Oct 2009 | Others | ₹15.00 Cr | Open |
| 27 Jan 2016 | Others | ₹17.00 Cr | Satisfied |
| 31 Aug 2009 | Kotak Mahindra Prime Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Bangalore Motors?
Bangalore Motors has a workforce of 209 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bangalore 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 Bangalore Motors's trajectory.
Rating
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
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 Bangalore Motors
Recent activity within the organization
- Annual General Meeting
Bangalore Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Bangalore Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge registered on 27 Jan 2016 via Charge ID 100034221 with Others was fully satisfied on 10 Nov 2021.
- Charges
A charge with Others amounted to Rs. 200.00 M with Charge ID 100497884 was registered on 26 Oct 2021.
- Charges
A charge with Others of Rs. 150.00 M registered on 01 Oct 2009 with Charge ID 10177643 was modified on 18 Apr 2016.
- Charges
A charge with Others amounted to Rs. 170.00 M with Charge ID 100034221 was registered on 27 Jan 2016.
Recent News, Updates & Announcement
AutoPortal Reported a Revenue Growth of 50 Percent in FY 2017-18.For this financial year, AutoPortal has made some changes to become a more profitable business. (Brand Connect Initiative).
Frequently asked questions
What is the Incorporation or founding date of Bangalore Motors Private Limited?
Bangalore Motors Private Limited was incorporated on 17 Mar 2009.
What is authorized share capital and paid-up capital of Bangalore Motors Private Limited?
The authorized share capital of Bangalore Motors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Bangalore Motors Private Limited?
Currently 9 directors are associated with Bangalore Motors Private Limited.
- Vellore Velu Vijayendra
- Vellore Velu Pravindra
- Vellore Tiruvengadaswamy Ravindra
- Tiruvengadaswamy Vellore Padmanabhan
- Vellore Mahendra Anand
- Vellore Krishnamoorthy Surendra
- Arun Vellore Surendra
- Vellore Vijayendra Sujay
- Vellore Vishnu Mahendra
What is the registered address of Bangalore Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bangalore Motors Private Limited is No.1 Palace Cross Road India, Bangalore, Karnataka, 560020.
What is the corporate identification number (CIN) and company number of Bangalore Motors Private Limited?
The corporate identification number (CIN) of Bangalore Motors Private Limited is U50102KA2009PTC049388 and the company number is 049388 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bangalore Motors Private Limited?
The Official website of Bangalore Motors Private Limited is https://www.vw-bangaloremotors.co.in
What has been the recent revenue trend for Bangalore Motors Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bangalore Motors Private Limited has risen by 61.58%.
How many employees does Bangalore Motors Private Limited currently have?
As Per 2023 financial reports, 209 employees are currently employed by Bangalore Motors Private Limited.
What change has been observed in the net worth of Bangalore Motors Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Bangalore Motors Private Limited has experienced an upsurge of 15.47%.
What are the total open charges for Bangalore Motors Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bangalore Motors Private Limited amount to ₹ 35.00 Cr.
When was the last Balance Sheet of Bangalore Motors Private Limited filed with the ROC?
The most recent Balance Sheet for Bangalore Motors Private Limited was filed with the ROC on 31 Mar 2023.
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