Horizon Motors India Private Limited

Provides automotive dealership and marketing services for Mahindra vehicles.

2019 | Ernakulam, Kerala (India) | Active
Last Updated: October 23, 2024

Horizon Motors India Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.85 Cr
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.40 Cr
  • Satisfied Charges ₹ 8.20 Cr
  • Revenue Growth 19.76%
  • Profit Growth 85.63%
  • Ebitda -100031.59%
  • Net Worth 73.71%
  • Total Assets 52.92%

About Horizon Motors India

Horizon Motors India Private Limited (HMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 August 2019 (Five years and six months 4 days old ). Its registered office is in Ernakulam, Kerala, 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 7.00 Cr and a paid-up capital of Rs 6.85 Cr.

The company currently has active open charges totaling ₹32.40 Cr. The company has closed loans amounting to ₹8.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ebin Kannikkatt, Shaji Kannikkatt, and Steffy Shaji serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50400KL2019PTC059108

  • Company No.

    059108

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Ebin Kannikkatt Country flag representing In Managing Director 02-Aug-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Shaji Kannikkatt Country flag representing In Director 02-Aug-2019 Current
Steffy Shaji Country flag representing In Director 02-Aug-2019 Current

Financial Performance of Horizon Motors India.

Horizon Motors India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.76% increase. The company also saw a substantial improvement in profitability, with a 85.63% increase in profit. The company's net worth Soared by an impressive increase of 73.71%.

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
19.76%
Revenue from Operations
12.48%
Total Assets
52.92%
Profit or Loss
85.63%
Net Worth
73.71%
EBITDA
-100031.59%

What is the Ownership and Shareholding Structure of Horizon Motors India?

In 2023, Horizon Motors India 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

₹32.40 Cr

Satisfied Charges

₹8.20 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 30.63 Cr
  • Others : 1.77 Cr

Latest Charge Details

Date Lender Amount Status
18 Jun 2024 Others ₹1.06 Cr Open
13 May 2024 Others ₹1.32 M Open
27 Feb 2024 Others ₹2.70 M Open
29 May 2023 Others ₹1.00 M Open
31 Mar 2023 State Bank Of India ₹7.26 Cr Open

How Many Employees Work at Horizon Motors India?

Horizon Motors India has a workforce of 136 employees as of Apr 01, 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 Horizon Motors India, 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 Horizon Motors India'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 Horizon Motors India

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 7.26 Cr registered on 31 Mar 2023 with Charge ID 100716328 was modified on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 1.58 Cr registered on 23 Nov 2021 with Charge ID 100536252 was modified on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 21.79 Cr registered on 10 Oct 2019 with Charge ID 100303069 was modified on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.06 Cr with Charge ID 100947426 was registered on 18 Jun 2024.

    18 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100929958 was registered on 13 May 2024.

    13 May 2024

  • Charges

    A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100942563 was registered on 27 Feb 2024.

    27 Feb 2024

Frequently asked questions

  • Horizon Motors India Private Limited was incorporated on 02 Aug 2019.

  • The authorized share capital of Horizon Motors India Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.85 Cr.

  • Currently 3 directors are associated with Horizon Motors India Private Limited.

    • Ebin Shaji Kannikkatt
    • Shaji John Kannikkatt
    • Steffy Shaji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Horizon Motors India Private Limited is Horizon Motors India Pvt.Ltd Kannikkatt Building, No:Ix/587, Muvatupuzha, Kerala, 686673.

  • The corporate identification number (CIN) of Horizon Motors India Private Limited is U50400KL2019PTC059108 and the company number is 059108 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Horizon Motors India Private Limited is https://www.horizonmahindra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Horizon Motors India Private Limited has risen by 19.76%.

  • As Per 2023 financial reports, 136 employees are currently employed by Horizon Motors India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Horizon Motors India Private Limited has experienced an upsurge of 73.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Horizon Motors India Private Limited amount to ₹ 32.40 Cr.

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

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