Garima Motors Private Limited

Vehicle trading company incorporated in 1999, based in Gwalior, Madhya Pradesh.

1999 | Gwalior, Madhya Pradesh (India) | Active
Last Updated:

Garima Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 25 Year, 6 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 six 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

Automotive
Company report

Garima Motors Private Limited

Explore comprehensive data for Garima Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Hari Nagpal Country flag representing In Managing Director29-Oct-1999Current

Board Members (1)

NameDesignationAppointment DateStatus
Rita Nagpal Country flag representing In Director 21-Jun-2002Current

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%.

Garima Motors revenue growth over time
Garima Motors 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
31.02%
Revenue from Operations
31.54%
Total Assets
13.52%
Profit or Loss
-21.54%
Net Worth
10.71%
EBITDA
-26.45%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.50 M

Satisfied Charges

₹31.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.75 Cr
  • Bank Of India : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2020Axis Bank Limited₹1.00 CrOpen
17 Oct 2020Axis Bank Limited₹1.75 CrOpen
03 Sep 2010Bank Of India₹1.50 CrOpen
03 Sep 2016State Bank Of India₹1.60 CrSatisfied
08 Sep 2014Indusind Bank₹1.00 CrSatisfied

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.

Employee growth trends for Garima Motors Private Limited

Deals i

Graph showing company valuation over time

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

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 Garima Motors

Recent activity within the organization

  • Annual General Meeting

    Garima Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 17.50 M registered on 17 Oct 2020 with Charge ID 100404796 was modified on 30 Jun 2023.

  • Balance Sheet

    Garima Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

  • Charges

    A charge registered on 03 Sep 2016 via Charge ID 100049974 with State Bank Of India was fully satisfied on 02 Nov 2020.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100387515 was registered on 17 Oct 2020.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 17.50 M with Charge ID 100404796 was registered on 17 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Garima Motors Private Limited?

    Garima Motors Private Limited was incorporated on 29 Oct 1999.

  • What is authorized share capital and paid-up capital of Garima Motors Private Limited?

    The authorized share capital of Garima Motors Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Garima Motors Private Limited?

    Currently 2 directors are associated with Garima Motors Private Limited.

    • Rita Nagpal
    • Hari Om Nagpal

  • What is the registered address of Garima Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garima Motors Private Limited is Ld Complex Padav Chauraha India, Gird, Madhya Pradesh, 474002.

  • What is the corporate identification number (CIN) and company number of Garima Motors Private Limited?

    The corporate identification number (CIN) of Garima Motors Private Limited is U50103MP1999PTC013826 and the company number is 013826 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Garima Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Garima Motors Private Limited has risen by 31.02%.

  • How many employees does Garima Motors Private Limited currently have?

    As Per 2023 financial reports, 52 employees are currently employed by Garima Motors Private Limited.

  • What change has been observed in the net worth of Garima Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Garima Motors Private Limited has experienced an upsurge of 10.71%.

  • What are the total open charges for Garima Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Garima Motors Private Limited amount to ₹ 4.25 Cr.

  • When was the last Balance Sheet of Garima Motors Private Limited filed with the ROC?

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

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