Indian Automotive Racing Club Limited

Organizes motor racing events and operates a racing club.

1971 | Mumbai, Maharashtra (India) | Active
Last Updated: December 20, 2024

Indian Automotive Racing Club Profile

Key Indicators

  • Company Age 53 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -17.68%
  • Profit Growth -393.96%
  • Ebitda -1152.05%
  • Net Worth -11.84%
  • Total Assets -12.59%

About Indian Automotive Racing Club

Indian Automotive Racing Club Limited (IARCL) was founded in India on 15 April 1971 and has a glorious history of 53 years and ten months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Events And Entertainment 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 0.00 and a paid-up capital of Rs 0.00, as per Ministry of Corporate Affairs (MCA) records.

Farokh Commissariat, Dilip Joshi, Neville Poonawala, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U92413MH1971NPL015122

  • Company No.

    015122

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    15 Apr 1971

  • Date of AGM

    05 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Events and Entertainment

Who are the key members and board of directors at Indian Automotive Racing Club?

Board Members (9)

NameDesignationAppointment DateStatus
Neville Poonawala Country flag representing In Director 27-Oct-2022Current
Jay Mehta Country flag representing Gb Director 20-Sep-2022Current
Harshit Merchant Country flag representing In Director 18-Dec-2009Current
Farokh Commissariat Country flag representing In Director 25-Sep-2018Current
Dilip Joshi Country flag representing In Director 08-Feb-2022Current
Sunil Bhansali Country flag representing In Director 01-Jun-2019Current

Financial Performance of Indian Automotive Racing Club.

Indian Automotive Racing Club Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 17.68% decrease. The company also saw a substantial fall in profitability, with a 393.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.84%.

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
-17.68%
Revenue from Operations
-23.70%
Total Assets
-12.59%
Profit or Loss
-393.96%
Net Worth
-11.84%
EBITDA
-1152.05%

What is the Ownership and Shareholding Structure of Indian Automotive Racing Club?

Unlock access to Indian Automotive Racing Club's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Indian Automotive Racing Club?

Unlock and access historical data on people associated with Indian Automotive Racing Club, 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 Indian Automotive Racing Club, 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 Indian Automotive Racing Club'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

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Latest Updates, News, and FAQs on Indian Automotive Racing Club

Recent activity within the organization

  • Annual General Meeting

    Indian Automotive Racing Club Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.

    05 Sep 2024

  • Balance Sheet

    Indian Automotive Racing Club Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Neville Poonawala was appointed as a Director was appointed as a Director on 27 Oct 2022 & has been associated with this company since 2 years 3 months .

    27 Oct 2022

  • Director Appointment

    Jay Mahendra Mehta was appointed as a Director was appointed as a Director on 20 Sep 2022 & has been associated with this company since 2 years 5 months .

    20 Sep 2022

  • Director Appointment

    Dilip Babulal Joshi was appointed as a Director was appointed as a Director on 08 Feb 2022 & has been associated with this company since 3 years 14 days .

    08 Feb 2022

  • Director Appointment

    Sunil Harshad Bhansali was appointed as a Director was appointed as a Director on 01 Jun 2019 & has been associated with this company since 5 years 8 months .

    01 Jun 2019

Frequently asked questions

  • Indian Automotive Racing Club Limited was incorporated on 15 Apr 1971.

  • The authorized share capital of Indian Automotive Racing Club Limited is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 9 directors are associated with Indian Automotive Racing Club Limited.

    • Farokh Homi Commissariat
    • Dilip Babulal Joshi
    • Neville Poonawala
    • Jay Mahendra Mehta
    • Sunil Harshad Bhansali
    • Harshit Vanraj Merchant
    • Ketan Ramakant Mehta
    • Farad Darayus Bhathena
    • Mohamed Aakif Obedulla Habib
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Automotive Racing Club Limited is Ground Floor Commissariat Building 231 Dadabhai Nawroji Road, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Indian Automotive Racing Club Limited is U92413MH1971NPL015122 and the company number is 015122 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Indian Automotive Racing Club Limited has fallen by -17.68%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Indian Automotive Racing Club Limited has experienced an downturn of -11.84%.

  • The most recent Balance Sheet for Indian Automotive Racing Club Limited was filed with the ROC on 31 Mar 2024.

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