
Kumar Motor Corporation Private Limited
Authorized dealer for Volkswagen cars in North Karnataka with showrooms and stockyards.
Authorized dealer for Volkswagen cars in North Karnataka with showrooms and stockyards.
Kumar Motor Corporation Private Limited (KMCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 August 2009 and has a history of 15 years and seven months. Its registered office is in Dharwad, Karnataka, 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 6.00 Cr and a paid-up capital of Rs 5.90 Cr.
The company currently has active open charges totaling ₹27.25 Cr. The company has closed loans amounting to ₹18.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shashikumar Desai and Aruna Desai serve as directors at the Company.
Dharwad, Karnataka, India
+91-XXXXXXXXXX
U50101KA2009PTC050597
050597
Private Limited Indian Non-Government Company
10 Aug 2009
30 Sep 2023
31 Mar 2023
Unlisted
Roc Bangalore
Name | Designation | Appointment Date | Status |
---|---|---|---|
Shashikumar Desai ![]() | Director | 10-Aug-2009 | Current |
Aruna Desai ![]() | Director | 21-Dec-2016 | Current |
Kumar Motor Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.36% increase. The company also saw a substantial improvement in profitability, with a 37.71% increase in profit. The company's net worth Soared by an impressive increase of 31.31%.
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In 2023, Kumar Motor Corporation had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Shashikumar Desai is a mutual person
Shashikumar Desai and Aruna Desai are mutual person
₹27.25 Cr
₹18.32 Cr
Date | Lender | Amount | Status |
---|---|---|---|
20 Jul 2023 | Axis Bank Limited | ₹11.00 Cr | Open |
18 Dec 2021 | Axis Bank Limited | ₹16.25 Cr | Open |
25 Nov 2020 | Axis Bank Limited | ₹0.90 M | Satisfied |
08 Jun 2019 | Others | ₹1.00 Cr | Satisfied |
29 May 2018 | Others | ₹3.36 Cr | Satisfied |
Kumar Motor Corporation has a workforce of 56 employees as of Apr 05, 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.
Gain comprehensive insights into the Deals and Valuation data of Kumar Motor Corporation, 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 Kumar Motor Corporation's trajectory.
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A charge with Axis Bank Limited of Rs. 16.25 Cr registered on 18 Dec 2021 with Charge ID 100518658 was modified on 22 Nov 2023.
Kumar Motor Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
A charge with Axis Bank Limited amounted to Rs. 11.00 Cr with Charge ID 100750416 was registered on 20 Jul 2023.
Kumar Motor Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
A charge registered on 25 Nov 2020 via Charge ID 100399435 with Axis Bank Limited was fully satisfied on 25 Aug 2022.
A charge registered on 20 May 2013 via Charge ID 10437039 with Others was fully satisfied on 30 Dec 2021.
Kumar Motor Corporation Private Limited was incorporated on 10 Aug 2009.
The authorized share capital of Kumar Motor Corporation Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.90 Cr.
Currently 2 directors are associated with Kumar Motor Corporation Private Limited.
As per Ministry of Corporate Affairs (Mca), the registered address of Kumar Motor Corporation Private Limited is 'Volkaswagen' Plot No. 55/1B Opposite Apmc P R Road Amargol Navanagar, India, Hubli, Karnataka, 580025.
The corporate identification number (CIN) of Kumar Motor Corporation Private Limited is U50101KA2009PTC050597 and the company number is 050597 as per Ministry of Corporate Affairs (MCA).
According to the financial reports for the fiscal year 2023, the revenue trend for Kumar Motor Corporation Private Limited has risen by 70.36%.
As Per 2023 financial reports, 56 employees are currently employed by Kumar Motor Corporation Private Limited.
The financial reports for the fiscal year 2023 indicates that The net worth of Kumar Motor Corporation Private Limited has experienced an upsurge of 31.31%.
As per the financial statements for fiscal Year 2023, The total open charges for Kumar Motor Corporation Private Limited amount to ₹ 27.25 Cr.
The most recent Balance Sheet for Kumar Motor Corporation Private Limited was filed with the ROC on 31 Mar 2023.
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