Garvit Innovative Promoters Limited

Construction and bike rental services with a mobile app for transportation in 50+ cities.

2010 | Bulandshahr, Uttar Pradesh (India) | Under Insolvency
Last Updated: January 16, 2025

Garvit Innovative Promoters Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 5.97 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2018
  • Revenue Growth 203.53%
  • Profit Growth -89364.08%
  • Ebitda -11220.72%
  • Net Worth -28500.54%
  • Total Assets 32287.28%

About Garvit Innovative Promoters

Garvit Innovative Promoters Limited (GIPL) is Under Cirp company established on 20 Jul 2010 with its office registered at Bulandshahr, Uttar Pradesh, India and has been running since 14 Year, 6 Months with a paid up capital of 5.97 M. According to MCA records, 5 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Bulandshahr, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102UP2010PLC041399

  • Company No.

    041399

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 2010

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Transport and Logistics

Who are the key members and board of directors at Garvit Innovative Promoters?

Board Members (5)

Name Designation Appointment Date Status
Manish Mehrotra Country flag representing In Additional Director 21-Jan-2019 Current
Rajesh Bhardwaj Country flag representing In Director 14-Feb-2017 Current
Vinod Kumar Country flag representing In Additional Director 15-Feb-2019 Current
Karan Singh Country flag representing In Director 08-Feb-2018 Current
Sanjay Bhati Country flag representing In Director 20-Aug-2020 Current

Financial Performance of Garvit Innovative Promoters.

Garvit Innovative Promoters Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 203.53% increase. The company also saw a substantial fall in profitability, with a 89364.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28500.54%.

Graph illustrating revenue growth over time
Graph showing 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
203.53%
Revenue from Operations
199.30%
Total Assets
32287.28%
Profit or Loss
-89364.08%
Net Worth
-28500.54%
EBITDA
-11220.72%

What is the Ownership and Shareholding Structure of Garvit Innovative Promoters?

In 2018, Garvit Innovative Promoters had a promoter holding of 97.55% and a public holding of 2.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Garvit Innovative Promoters?

Garvit Innovative Promoters has a workforce of 115 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garvit Innovative Promoters, 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 Garvit Innovative Promoters'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 Garvit Innovative Promoters

Recent activity within the organization

  • Director Appointment

    Sanjay Bhati was appointed as a Director was appointed as a Director on 20 Aug 2020 & has been associated with this company since 4 years 5 months .

    20 Aug 2020

  • Director Appointment

    Vinod Kumar was appointed as a Additional Director was appointed as a Additional Director on 15 Feb 2019 & has been associated with this company since 5 years 11 months .

    15 Feb 2019

  • Director Appointment

    Manish Mehrotra was appointed as a Additional Director was appointed as a Additional Director on 21 Jan 2019 & has been associated with this company since 6 years 19 days .

    21 Jan 2019

  • Annual General Meeting

    Garvit Innovative Promoters Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

    Garvit Innovative Promoters Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Kanpur.

    31 Mar 2018

  • Director Appointment

    Karan Pal Singh was appointed as a Director was appointed as a Director on 08 Feb 2018 & has been associated with this company since 7 years 1 day .

    08 Feb 2018

Frequently asked questions

  • Garvit Innovative Promoters Limited was incorporated on 20 Jul 2010.

  • The authorized share capital of Garvit Innovative Promoters Limited is ₹ 50.00 Cr and paid-up capital is ₹ 5.97 M.

  • Currently 5 directors are associated with Garvit Innovative Promoters Limited.

    • Manish Mehrotra
    • Rajesh Bhardwaj
    • Vinod Kumar
    • Karan Pal Singh
    • Sanjay Bhati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garvit Innovative Promoters Limited is Plot No-1 Chiti, Gautam Budh Nagar India, Greater Noida, Uttar Pradesh, 203202.

  • The corporate identification number (CIN) of Garvit Innovative Promoters Limited is U70102UP2010PLC041399 and the company number is 041399 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garvit Innovative Promoters Limited is https://www.mybikebot.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Garvit Innovative Promoters Limited has risen by 203.53%.

  • As Per 2018 financial reports, 115 employees are currently employed by Garvit Innovative Promoters Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Garvit Innovative Promoters Limited has experienced an downturn of -28500.54%.

  • The most recent Balance Sheet for Garvit Innovative Promoters Limited was filed with the ROC on 31 Mar 2018.

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