Harmony Motors Private Limited

Authorized dealer of Honda cars, providing sales, services, insurance, and finance on new bikes.

2009 | Secunderabad, Telangana (India) | Active
Last Updated: July 16, 2024

Harmony Motors Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.18 Cr
  • Revenue Growth 25.56%
  • Profit Growth 93.32%
  • Ebitda 62.90%
  • Net Worth 23.96%
  • Total Assets 26.72%

About Harmony Motors

Harmony Motors Private Limited (HMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 July 2009 and has a history of 15 years and six months. Its registered office is in Secunderabad, Telangana, 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 4.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹6.18 Cr.

Ashish Modi and Nirav Modi serve as directors at the Company.

Company Details

  • Location

    Secunderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50404TG2009PTC064270

  • Company No.

    064270

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Automotive

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

Board Members (2)

NameDesignationAppointment DateStatus
Nirav Modi Country flag representing In Director 08-Jul-2009Current
Ashish Modi Country flag representing In Director 01-Aug-2012Current

Financial Performance of Harmony Motors.

Harmony Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.56% increase. The company also saw a substantial improvement in profitability, with a 93.32% increase in profit. The company's net worth Soared by an impressive increase of 23.96%.

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
25.56%
Revenue from Operations
25.56%
Total Assets
26.72%
Profit or Loss
93.32%
Net Worth
23.96%
EBITDA
62.90%

What is the Ownership and Shareholding Structure of Harmony Motors?

In 2023, Harmony Motors had a promoter holding of 52.00% and a public holding of 48.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.75 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.18 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2010Hdfc Bank Limited₹6.18 CrOpen

How Many Employees Work at Harmony Motors?

Harmony Motors has a workforce of 135 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 Harmony 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 Harmony 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 Harmony Motors

Recent activity within the organization

  • Annual General Meeting

    Harmony Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Harmony Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 61.75 M registered on 23 Jul 2010 with Charge ID 10236692 was modified on 30 Jun 2020.

    30 Jun 2020

  • Director Appointment

    Ashish Pramod Modi was appointed as a Director was appointed as a Director on 01 Aug 2012 & has been associated with this company since 12 years 6 months .

    01 Aug 2012

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 61.75 M with Charge ID 10236692 was registered on 23 Jul 2010.

    23 Jul 2010

  • Director Appointment

    Nirav Pramod Modi was appointed as a Director was appointed as a Director on 08 Jul 2009 & has been associated with this company since 15 years 6 months .

    08 Jul 2009

Frequently asked questions

  • Harmony Motors Private Limited was incorporated on 08 Jul 2009.

  • The authorized share capital of Harmony Motors Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.00 M.

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

    • Ashish Pramod Modi
    • Nirav Pramod Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Harmony Motors Private Limited is 5-4-187/5/16/5 Second Floor Pm Modi Commercial ComplexM.G. RoadNec, Klace Road, Secunderabad, Telangana, India, 500003.

  • The corporate identification number (CIN) of Harmony Motors Private Limited is U50404TG2009PTC064270 and the company number is 064270 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Harmony Motors Private Limited is https://www.harmonyhonda.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Harmony Motors Private Limited has risen by 25.56%.

  • As Per 2023 financial reports, 135 employees are currently employed by Harmony Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Harmony Motors Private Limited has experienced an upsurge of 23.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Harmony Motors Private Limited amount to ₹ 6.18 Cr.

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

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