Garima Motors Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.25 Cr
- Satisfied Charges ₹ 3.10 Cr
- Revenue Growth 31.02%
- Profit Growth -21.54%
- Ebitda -26.45%
- Net Worth 10.71%
- Total Assets 13.52%
About Garima Motors
Garima Motors Private Limited (GMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 October 1999 and has a history of 25 years and three months. Its registered office is in Gwalior, Madhya Pradesh, India.
The Corporate was formerly known as Garvit Automobiles 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹4.25 Cr. The company has closed loans amounting to ₹3.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rita Nagpal and Hari Nagpal serve as directors at the Company.
Company Details
-
Location
Gwalior, Madhya Pradesh, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
-
Website
-
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U50103MP1999PTC013826
-
Company No.
013826
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
29 Oct 1999
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Gwalior
Industry
Who are the key members and board of directors at Garima Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hari Nagpal
|
Managing Director | 29-Oct-1999 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rita Nagpal
|
Director | 21-Jun-2002 | Current |
Financial Performance of Garima Motors.
Garima Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.02% increase. The company also saw a substantial fall in profitability, with a 21.54% decrease in profit. The company's net worth Soared by an impressive increase of 10.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Garima Motors?
In 2023, Garima 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.
Charges (Loans)
₹42.50 M
₹31.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.75 Cr
- Bank Of India : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2020 | Axis Bank Limited | ₹1.00 Cr | Open |
| 17 Oct 2020 | Axis Bank Limited | ₹1.75 Cr | Open |
| 03 Sep 2010 | Bank Of India | ₹1.50 Cr | Open |
| 03 Sep 2016 | State Bank Of India | ₹1.60 Cr | Satisfied |
| 08 Sep 2014 | Indusind Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at Garima Motors?
Garima Motors has a workforce of 52 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 Garima 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 Garima 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.
