Goa Motors Private Limited

Auto dealership offering a range of popular car models under a well-known brand.

1998 | Goa, Goa (India) | Active
Last Updated: October 24, 2024

Goa Motors Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.94 Cr
  • Satisfied Charges ₹ 18.44 Cr
  • Revenue Growth 34.90%
  • Profit Growth -6.94%
  • Ebitda -0.30%
  • Net Worth 62.21%
  • Total Assets 26.54%

About Goa Motors

Goa Motors Private Limited (GMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 1998 and has a history of 26 years and six months. Its registered office is in Goa, Goa, 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹19.94 Cr. The company has closed loans amounting to ₹18.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prashant Joshi, Paresh Joshi, Parag Joshi, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U34102GA1998PTC002576

  • Company No.

    002576

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Prashant Joshi Country flag representing In Managing Director 20-Jul-1998 Current

Board Members (5)

Name Designation Appointment Date Status
Akshay Joshi Country flag representing In Whole-Time Director 28-Mar-2015 Current
Paresh Joshi Country flag representing In Director 20-Jul-1998 Current
Parag Joshi Country flag representing In Director 20-Jul-1998 Current
Pankaj Joshi Country flag representing In Director 20-Jul-1998 Current
Monica Joshi Country flag representing In Director 28-Sep-2022 Current

Financial Performance of Goa Motors.

Goa Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.9% increase. The company also saw a slight decrease in profitability, with a 6.94% decrease in profit. The company's net worth Soared by an impressive increase of 62.21%.

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
34.90%
Revenue from Operations
35.17%
Total Assets
26.54%
Profit or Loss
-6.94%
Net Worth
62.21%
EBITDA
-0.30%

What is the Ownership and Shareholding Structure of Goa Motors?

In 2023, Goa Motors had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹199.43 M

Satisfied Charges

₹184.40 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.30 Cr
  • Others : 5.14 Cr
  • The Goa Urban Co-Operative Bank Limited : 4.50 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 2024 Others ₹1.23 M Open
12 Aug 2024 Others ₹0.59 M Open
26 Apr 2024 Others ₹1.43 M Open
18 Apr 2024 Others ₹3.96 M Open
05 Mar 2024 Others ₹1.00 M Open

How Many Employees Work at Goa Motors?

Goa Motors has a workforce of 317 employees as of Apr 06, 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 Goa 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 Goa 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 Goa Motors

Recent activity within the organization

  • Charges

    A charge registered on 23 Sep 2022 via Charge ID 100618224 with Others was fully satisfied on 24 Sep 2024.

    24 Sep 2024

  • Charges

    A charge registered on 30 Jun 2023 via Charge ID 100748645 with Others was fully satisfied on 06 Sep 2024.

    06 Sep 2024

  • Charges

    A charge registered on 27 Jul 2022 via Charge ID 100605204 with Others was fully satisfied on 06 Sep 2024.

    06 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.23 M with Charge ID 100967901 was registered on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 0.59 M with Charge ID 100967962 was registered on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge registered on 15 Nov 2019 via Charge ID 100302350 with Others was fully satisfied on 08 Aug 2024.

    08 Aug 2024

Frequently asked questions

  • Goa Motors Private Limited was incorporated on 20 Jul 1998.

  • The authorized share capital of Goa Motors Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 6 directors are associated with Goa Motors Private Limited.

    • Prashant Vasant Joshi
    • Paresh Vasant Joshi
    • Parag Vassant Joshi
    • Pankaj Vassant Joshi
    • Akshay Prashant Joshi
    • Monica Pushkar Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goa Motors Private Limited is Joshi Buildingsecond Floor F Luis Gomes Road Vasco Da Gama India, Goa, 403802.

  • The corporate identification number (CIN) of Goa Motors Private Limited is U34102GA1998PTC002576 and the company number is 002576 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Goa Motors Private Limited is https://www.goa.hyundaimotor.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Goa Motors Private Limited has risen by 34.90%.

  • As Per 2023 financial reports, 317 employees are currently employed by Goa Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Goa Motors Private Limited has experienced an upsurge of 62.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Goa Motors Private Limited amount to ₹ 19.94 Cr.

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

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