Derik Motors Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.80 Cr
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 80.65 Cr
- Satisfied Charges ₹ 19.11 Cr
- Revenue Growth 38.83%
- Profit Growth 95.24%
- Ebitda 54.87%
- Net Worth 49.14%
- Total Assets 10.43%
About Derik Motors
Derik Motors Private Limited (DMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 June 2005 and has a history of 19 years and seven months. Its registered office is in Kanyakumari, Tamil Nadu, India.
The Corporate was formerly known as Derik Motor 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 10.00 Cr and a paid-up capital of Rs 7.80 Cr.
The company currently has active open charges totaling ₹80.65 Cr. The company has closed loans amounting to ₹19.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Stalin Derikstalin, Ronisha Stalin, Kasthuri Stalin, and One other member serve as directors at the Company.
Company Details
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Location
Kanyakumari, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U50101TN2005PTC056770
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Company No.
056770
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Jun 2005
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Derik Motors?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Stalin Derikstalin
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Director | 16-Dec-2013 | Current |
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Ronisha Stalin
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Director | 08-Aug-2023 | Current |
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Kasthuri Stalin
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Director | 16-Jan-2014 | Current |
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Francis Joseph
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Director | 30-Jun-2005 | Current |
Financial Performance of Derik Motors.
Derik Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.83% increase. The company also saw a substantial improvement in profitability, with a 95.24% increase in profit. The company's net worth Soared by an impressive increase of 49.14%.
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What is the Ownership and Shareholding Structure of Derik Motors?
In 2023, Derik 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)
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Derik Mart Private LimitedStalin Derikstalin, Ronisha Stalin and 2 more are mutual person
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Derik Monofil Private LimitedStalin Derikstalin and Francis Joseph are mutual person
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Derik Automotive Private LimitedStalin Derikstalin, Ronisha Stalin and 2 more are mutual person
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Anton Motocorp Private Limited
Stalin Derikstalin, Ronisha Stalin and 2 more are mutual person
Charges (Loans)
₹80.65 Cr
₹19.11 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 30.50 Cr
- State Bank Of India : 29.12 Cr
- Others : 16.47 Cr
- Canara Bank : 4.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2024 | Others | ₹15.00 Cr | Open |
| 27 Aug 2024 | Others | ₹1.35 M | Open |
| 25 Apr 2024 | Others | ₹1.50 M | Open |
| 12 Apr 2024 | Others | ₹2.20 M | Open |
| 22 Feb 2024 | Others | ₹1.90 M | Open |
How Many Employees Work at Derik Motors?
Derik Motors has a workforce of 494 employees as of Mar 22, 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 Derik 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 Derik 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.
