Garve Motor Works Private Limited

Provides services and products for various types of vehicles on land, sea, and air.

2017 | Pune, Maharashtra (India) | Active
Last Updated:

Garve Motor Works Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.86 Cr
  • Revenue Growth 67.78%
  • Profit Growth 217.99%
  • Ebitda 79.37%
  • Net Worth 136.92%
  • Total Assets 52.72%

About Garve Motor Works

Garve Motor Works Private Limited (GMWPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 November 2017 (Seven years and four months 25 days old ). Its registered office is in Pune, Maharashtra, 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹12.86 Cr.

Vinayak Garve and Kishor Garve serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50400PN2017PTC173241

  • Company No.

    173241

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

Who are the key members and board of directors at Garve Motor Works?

Board Members (2)

NameDesignationAppointment DateStatus
Vinayak Garve Country flag representing In Director 03-Nov-2017Current
Kishor Garve Country flag representing In Director 03-Nov-2017Current

Financial Performance of Garve Motor Works.

Garve Motor Works Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.78% increase. The company also saw a substantial improvement in profitability, with a 217.99% increase in profit. The company's net worth Soared by an impressive increase of 136.92%.

Garve Motor Works revenue growth over time
Garve Motor Works 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
67.78%
Revenue from Operations
67.91%
Total Assets
52.72%
Profit or Loss
217.99%
Net Worth
136.92%
EBITDA
79.37%

What is the Ownership and Shareholding Structure of Garve Motor Works?

In 2023, Garve Motor Works 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

₹12.86 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 12.86 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2019State Bank Of India₹12.86 CrOpen

How Many Employees Work at Garve Motor Works?

Garve Motor Works has a workforce of 189 employees as of Mar 21, 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 Garve Motor Works Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garve Motor Works, 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 Garve Motor Works'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 Garve Motor Works

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with State Bank Of India of Rs. 12.86 Cr registered on 27 May 2019 with Charge ID 100265604 was modified on 28 Jun 2023.

  • Balance Sheet

    Garve Motor Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

    A charge with State Bank Of India amounted to Rs. 12.86 Cr with Charge ID 100265604 was registered on 27 May 2019.

  • Director Appointment

    Vinayak Kishor Garve was appointed as a Director was appointed as a Director on 03 Nov 2017 & has been associated with this company since 7 years 4 months .

  • Director Appointment

    Kishor Shanker Garve was appointed as a Director was appointed as a Director on 03 Nov 2017 & has been associated with this company since 7 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Garve Motor Works Private Limited?

    Garve Motor Works Private Limited was incorporated on 03 Nov 2017.

  • What is authorized share capital and paid-up capital of Garve Motor Works Private Limited?

    The authorized share capital of Garve Motor Works Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Garve Motor Works Private Limited?

    Currently 2 directors are associated with Garve Motor Works Private Limited.

    • Vinayak Kishor Garve
    • Kishor Shanker Garve

  • What is the registered address of Garve Motor Works Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garve Motor Works Private Limited is Spring Hsg.Soc. Shop No.1 S.No.86/1/2 Jawalkar Nagar Pimple Gurav, India, Pune, Maharashtra, 411061.

  • What is the corporate identification number (CIN) and company number of Garve Motor Works Private Limited?

    The corporate identification number (CIN) of Garve Motor Works Private Limited is U50400PN2017PTC173241 and the company number is 173241 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Garve Motor Works Private Limited?

    The Official website of Garve Motor Works Private Limited is https://www.garvemotors.co.in

  • What has been the recent revenue trend for Garve Motor Works Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Garve Motor Works Private Limited has risen by 67.78%.

  • How many employees does Garve Motor Works Private Limited currently have?

    As Per 2023 financial reports, 189 employees are currently employed by Garve Motor Works Private Limited.

  • What change has been observed in the net worth of Garve Motor Works Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Garve Motor Works Private Limited has experienced an upsurge of 136.92%.

  • What are the total open charges for Garve Motor Works Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Garve Motor Works Private Limited amount to ₹ 12.86 Cr.

  • When was the last Balance Sheet of Garve Motor Works Private Limited filed with the ROC?

    The most recent Balance Sheet for Garve Motor Works Private Limited was filed with the ROC on 31 Mar 2023.

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