Garve Motors Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 16 Year, 5 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 88.84 Cr
- Satisfied Charges ₹ 17.54 Cr
- Revenue Growth 30.47%
- Profit Growth 18.14%
- Ebitda 11.37%
- Net Worth 25.61%
- Total Assets 4.70%
About Garve Motors
Garve Motors Private Limited (GMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 2009 and has a history of 16 years. 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 2.00 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹88.84 Cr. The company has closed loans amounting to ₹17.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kishor Garve, Vinayak Garve, Kiran Garve, and One other member 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
U34100PN2009PTC133541
- Company No.
133541
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Feb 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Garve Motors Private Limited offer?
Garve Motors Private Limited offers a wide range of products and services, including Cars, Motor Cars, Hyundai Car.
Who are the key members and board of directors at Garve Motors?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aniket Garve  | Director | 07-Jun-2016 | Current |
| Kishor Garve | Director | 18-Feb-2009 | Current |
| Vinayak Garve | Director | 18-Feb-2009 | Current |
| Kiran Garve | Director | 18-Feb-2009 | Current |
Financial Performance of Garve Motors.
Garve Motors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.47% increase. The company also saw a substantial improvement in profitability, with a 18.14% increase in profit. The company's net worth Soared by an impressive increase of 25.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Garve Motors?
In 2023, Garve Motors had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Garve Car Mania Private LimitedKishor Garve, Vinayak Garve and 2 more are mutual person
Trafo Electric Private LimitedKishor Garve and Vinayak Garve are mutual person
- Garve Auto Works Private Limited
Kishor Garve and Vinayak Garve are mutual person
- Garve Automobiles Private Limited
Kishor Garve and Vinayak Garve are mutual person
- Garve Motor Works Private Limited
Kishor Garve and Vinayak Garve are mutual person
- Garve & Sons Automobiles Private Limited
Kishor Garve and Vinayak Garve are mutual person
Charges (Loans)
₹88.84 Cr
₹17.54 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 77.19 Cr
- Others : 11.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2024 | Others | ₹2.50 M | Open |
| 26 Jul 2023 | Others | ₹6.40 Cr | Open |
| 20 Jul 2023 | Others | ₹3.00 Cr | Open |
| 24 Mar 2023 | Others | ₹2.00 Cr | Open |
| 29 Jun 2021 | State Bank Of India | ₹35.00 Cr | Open |
How Many Employees Work at Garve Motors?
Garve Motors has a workforce of 323 employees as of Apr 01, 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 Garve 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 Garve 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.