Dhruv Motors India Private Limited

Authorized dealer of vehicle sales, repairs, and accessories with multiple workshop locations.

2010 | Surat, Gujarat (India) | Active
Last Updated: October 23, 2024

Dhruv Motors India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.80 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.80 Cr
  • Satisfied Charges ₹ 18.75 Cr
  • Revenue Growth 44.61%
  • Profit Growth 56.21%
  • Ebitda 5.72%
  • Net Worth 58.48%
  • Total Assets -24.25%

About Dhruv Motors India

Dhruv Motors India Private Limited (DMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 August 2010 and has a history of 14 years and five months. Its registered office is in Surat, Gujarat, 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 1.00 Cr and a paid-up capital of Rs 2.80 M.

The company currently has active open charges totaling ₹38.80 Cr. The company has closed loans amounting to ₹18.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dharmendra Patel and Pushpaben Patel serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50100GJ2010PTC061874

  • Company No.

    061874

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Dhruv Motors India Private Limited offer?

Dhruv Motors India Private Limited offers a wide range of products and services, including Medium & Heavy Commercial Vehicles, Trucks, Construction Truck, Commercial Vehicles & Three Wheelers, Tipper Trucks, Heavy Duty Truck, TATA Truck.

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

Board Members (2)

Name Designation Appointment Date Status
Dharmendra Patel Country flag representing In Director 05-Aug-2010 Current
Pushpaben Patel Country flag representing In Director 05-Aug-2010 Current

Financial Performance of Dhruv Motors India.

Dhruv Motors India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.61% increase. The company also saw a substantial improvement in profitability, with a 56.21% increase in profit. The company's net worth Soared by an impressive increase of 58.48%.

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
44.61%
Revenue from Operations
44.49%
Total Assets
-24.25%
Profit or Loss
56.21%
Net Worth
58.48%
EBITDA
5.72%

What is the Ownership and Shareholding Structure of Dhruv Motors India?

In 2023, Dhruv Motors 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

₹38.80 Cr

Satisfied Charges

₹18.75 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 19.68 Cr
  • Hdfc Bank Limited : 10.12 Cr
  • Others : 9.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2024 Hdfc Bank Limited ₹0.65 M Open
01 Jul 2023 Hdfc Bank Limited ₹0.56 M Open
11 Feb 2022 Others ₹4.00 Cr Open
12 Nov 2021 Hdfc Bank Limited ₹10.00 Cr Open
17 Sep 2021 Others ₹5.00 Cr Open

How Many Employees Work at Dhruv Motors India?

Dhruv Motors India has a workforce of 47 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 Dhruv Motors 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 Dhruv Motors 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 Dhruv Motors India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100899026 was registered on 16 Mar 2024.

    16 Mar 2024

  • Annual General Meeting

    Dhruv Motors India 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 Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100752656 was registered on 01 Jul 2023.

    01 Jul 2023

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 17 Sep 2021 with Charge ID 100479711 was modified on 24 May 2023.

    24 May 2023

  • Balance Sheet

    Dhruv Motors India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 12 Nov 2021 with Charge ID 100508491 was modified on 01 Nov 2022.

    01 Nov 2022

Frequently asked questions

  • Dhruv Motors India Private Limited was incorporated on 05 Aug 2010.

  • The authorized share capital of Dhruv Motors India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.80 M.

  • Currently 2 directors are associated with Dhruv Motors India Private Limited.

    • Dharmendra Jivanbhai Patel
    • Pushpaben Dhramendrabhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dhruv Motors India Private Limited is 91 Wadiyanagar Society Nr. Sardar Bridge Gas Circle, Adajan India, Surat, Gujarat, 395009.

  • The corporate identification number (CIN) of Dhruv Motors India Private Limited is U50100GJ2010PTC061874 and the company number is 061874 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Dhruv Motors India Private Limited is https://www.dhruvmotors.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dhruv Motors India Private Limited has risen by 44.61%.

  • As Per 2023 financial reports, 47 employees are currently employed by Dhruv Motors India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Dhruv Motors India Private Limited has experienced an upsurge of 58.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Dhruv Motors India Private Limited amount to ₹ 38.80 Cr.

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