Divine Motors Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 10.00 Cr
as on 16-11-2024
- Company Age 15 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 57.88 Cr
as on 16-11-2024
- Satisfied Charges ₹ 36.81 Cr
as on 16-11-2024
- Revenue 0.95%
(FY 2023)
- Profit 19.66%
(FY 2023)
- Ebitda 1.95%
(FY 2023)
- Net Worth 3.67%
(FY 2023)
- Total Assets 20.65%
(FY 2023)
About Divine Motors
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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹57.88 Cr. The company has closed loans amounting to ₹36.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Piyush Desai and Sonal Desai serve as directors at the Company.
- CIN/LLPIN
U50200GJ2009PTC057259
- Company No.
057259
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jun 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Valsad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Divine Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyush Desai  | Managing Director | 15-Jun-2009 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sonal Desai | Whole-Time Director | 15-Jun-2009 | Current |
Financial Performance of Divine Motors.
Divine Motors Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.95% increase. The company also saw a substantial improvement in profitability, with a 19.66% increase in profit. The company's net worth moved up by a moderate rise of 3.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Divine Motors?
In 2023, Divine 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)
Desai Automobiles Private LimitedActive 20 years 6 monthsPiyush Desai and Sonal Desai are mutual person
Divine Autolink Private LimitedActive 12 years 9 monthsPiyush Desai and Sonal Desai are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Jul 2024 | ₹2.00 Cr | Open |
Others Creation Date: 04 Mar 2023 | ₹5.88 Cr | Open |
Others Creation Date: 16 Nov 2019 | ₹50.00 Cr | Open |
How Many Employees Work at Divine Motors?
Divine Motors has a workforce of 30 employees as of Apr 05, 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 Divine 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 Divine 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.
