Gulzar Motors Private Limited

Authorized dealer of Maruti Suzuki vehicles, with True Value showroom and service station in Ludhiana.

1996 | Punjab, Punjab (India) | Active
Last Updated: October 24, 2024

Gulzar Motors Profile

Key Indicators

  • Authorised Capital ₹ 2.10 Cr
  • Paid Up Capital ₹ 2.05 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 78.77 Cr
  • Satisfied Charges ₹ 33.22 Cr
  • Revenue Growth 41.63%
  • Profit Growth 44.22%
  • Ebitda 37.43%
  • Net Worth 18.71%
  • Total Assets 20.10%

About Gulzar Motors

Gulzar Motors Private Limited (GMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 1996 and has a history of 28 years and 11 months. Its registered office is in Punjab, Punjab.

The Corporate was formerly known as Gulzar Motors Limited. 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 2.10 Cr and a paid-up capital of Rs 2.05 Cr.

The company currently has active open charges totaling ₹78.77 Cr. The company has closed loans amounting to ₹33.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harkirat Singh and Ramneek Baweja serve as directors at the Company.

Company Details

  • Location
    Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300PB1996PTC017773

  • Company No.

    017773

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Harkirat Singh Country flag representing In Whole-Time Director 01-Apr-1997 Current
Ramneek Baweja Country flag representing In Director 03-Sep-2022 Current

Financial Performance of Gulzar Motors.

Gulzar Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.63% increase. The company also saw a substantial improvement in profitability, with a 44.22% increase in profit. The company's net worth Soared by an impressive increase of 18.71%.

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
41.63%
Revenue from Operations
42.07%
Total Assets
20.10%
Profit or Loss
44.22%
Net Worth
18.71%
EBITDA
37.43%

What is the Ownership and Shareholding Structure of Gulzar Motors?

In 2023, Gulzar 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

₹78.77 Cr

Satisfied Charges

₹33.22 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 40.16 Cr
  • Others : 28.61 Cr
  • Indian Bank : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
14 Dec 2023 Indian Bank ₹10.00 Cr Open
30 Sep 2023 Others ₹15.00 Cr Open
31 Dec 2021 Others ₹8.55 M Open
29 Jun 2020 Others ₹12.75 Cr Open
10 Jul 2000 State Bank Of India ₹40.16 Cr Open

How Many Employees Work at Gulzar Motors?

Gulzar Motors has a workforce of 60 employees as of Mar 30, 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 Gulzar 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 Gulzar 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 Gulzar Motors

Recent activity within the organization

  • Charges

    A charge registered on 25 Mar 2021 via Charge ID 100429152 with Others was fully satisfied on 06 Sep 2024.

    06 Sep 2024

  • Charges

    A charge registered on 04 Dec 2019 via Charge ID 100333774 with Others was fully satisfied on 10 Aug 2024.

    10 Aug 2024

  • Charges

    A charge registered on 22 Oct 2019 via Charge ID 100327105 with Others was fully satisfied on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge registered on 22 Oct 2019 via Charge ID 100327106 with Others was fully satisfied on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge registered on 25 Jan 2022 via Charge ID 100558398 with Axis Bank Limited was fully satisfied on 17 Jul 2024.

    17 Jul 2024

  • Charges

    A charge with State Bank Of India of Rs. 40.16 Cr registered on 10 Jul 2000 with Charge ID 90310228 was modified on 01 Jun 2024.

    01 Jun 2024

Frequently asked questions

  • Gulzar Motors Private Limited was incorporated on 26 Feb 1996.

  • The authorized share capital of Gulzar Motors Private Limited is ₹ 2.10 Cr and paid-up capital is ₹ 2.05 Cr.

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

    • Harkirat Singh
    • Ramneek Baweja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gulzar Motors Private Limited is G T Road Opp Miltary Campdholewal Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Gulzar Motors Private Limited is U34300PB1996PTC017773 and the company number is 017773 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gulzar Motors Private Limited has risen by 41.63%.

  • As Per 2023 financial reports, 60 employees are currently employed by Gulzar Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gulzar Motors Private Limited has experienced an upsurge of 18.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gulzar Motors Private Limited amount to ₹ 78.77 Cr.

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

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