Gdrive Motors Private Limited

Assembles and sells electric vehicles and golf carts, serving clients such as Suzuki Motors and State Bank of India.

2017 | Panchkula, Haryana (India) | Active
Last Updated: November 17, 2024

Gdrive Motors Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.10 M
  • Company Age 8 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.70 M
  • Revenue Growth 22.06%
  • Profit Growth 24.77%
  • Ebitda 6.33%
  • Net Worth 5.27%
  • Total Assets 8.14%

About Gdrive Motors

Gdrive Motors Private Limited (GMPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 February 2017 (Eight years 5 days old ). Its registered office is in Panchkula, Haryana, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.10 M.

The company currently has active open charges totaling ₹7.70 M.

Kunal Saroha and Munesh Singh serve as directors at the Company.

Company Details

  • Location

    Panchkula, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gdrivemotors.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300HR2017PTC067712

  • Company No.

    067712

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Gdrive Motors Private Limited offer?

Gdrive Motors Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Special Purpose Vehicle, Electric Utility Vehicle, Electric Golf Cart, Camera & Photography Equipments, Camera Accessories, Golf Carts, Electric Vehicle Battery, Golf Cart Batteries, Commercial Vehicle Tyres.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kunal Saroha Country flag representing In Managing Director14-Feb-2017Current

Board Members (1)

NameDesignationAppointment DateStatus
Munesh Singh Country flag representing In Director 05-Jul-2018Current

Financial Performance of Gdrive Motors.

Gdrive Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.06% increase. The company also saw a substantial improvement in profitability, with a 24.77% increase in profit. The company's net worth moved up by a moderate rise of 5.27%.

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
22.06%
Revenue from Operations
22.24%
Total Assets
8.14%
Profit or Loss
24.77%
Net Worth
5.27%
EBITDA
6.33%

What is the Ownership and Shareholding Structure of Gdrive Motors?

In 2022, Gdrive 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

₹7.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.65 Cr
  • Indnian Overseas Bank : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2023Indian Overseas Bank₹2.00 MOpen
31 Dec 2021Indnian Overseas Bank₹1.20 MOpen
11 Feb 2021Indian Overseas Bank₹4.50 MOpen

How Many Employees Work at Gdrive Motors?

Unlock and access historical data on people associated with Gdrive Motors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gdrive 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 Gdrive 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 Gdrive Motors

Recent activity within the organization

  • Annual General Meeting

    Gdrive Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Gdrive Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 2.00 M with Charge ID 100847370 was registered on 27 Sep 2023.

    27 Sep 2023

  • Charges

    A charge with Indnian Overseas Bank amounted to Rs. 1.20 M with Charge ID 100527950 was registered on 31 Dec 2021.

    31 Dec 2021

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 4.50 M with Charge ID 100416257 was registered on 11 Feb 2021.

    11 Feb 2021

  • Director Appointment

    Munesh Singh was appointed as a Director was appointed as a Director on 05 Jul 2018 & has been associated with this company since 6 years 7 months .

    05 Jul 2018

Frequently asked questions

  • Gdrive Motors Private Limited was incorporated on 14 Feb 2017.

  • The authorized share capital of Gdrive Motors Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.10 M.

  • Currently 2 directors are associated with Gdrive Motors Private Limited.

    • Kunal Saroha
    • Munesh Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gdrive Motors Private Limited is Sco 40 Swastik Vihar Mdc India, Panchkula, Haryana, 134109.

  • The corporate identification number (CIN) of Gdrive Motors Private Limited is U34300HR2017PTC067712 and the company number is 067712 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gdrive Motors Private Limited is https://www.gdrivemotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gdrive Motors Private Limited has risen by 22.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gdrive Motors Private Limited has experienced an upsurge of 5.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gdrive Motors Private Limited amount to ₹ 7.70 M.

  • The most recent Balance Sheet for Gdrive Motors Private Limited was filed with the ROC on 31 Mar 2024.

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