Motorone India Private Limited

Founded in 2003 and headquartered in Gujarat, India.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 28, 2024

Motorone India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 2222.82%
  • Profit Growth -73.48%
  • Ebitda 368.31%
  • Net Worth 23.20%
  • Total Assets 1449.89%

About Motorone India

Motorone India Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 April 2003 and has a history of 21 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Bluesky Trading Private 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹7.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Harshal Desai, Parasbhai Somani, Devang Dave, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50400GJ2003PTC057309

  • Company No.

    057309

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

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

Board Members (4)

Name Designation Appointment Date Status
Sanjay Thakker Country flag representing In Director 18-May-2010 Current
Parasbhai Somani Country flag representing In Director 18-May-2010 Current
Harshal Desai Country flag representing In Director 14-Mar-2022 Current
Devang Dave Country flag representing In Director 18-May-2010 Current

Financial Performance of Motorone India.

Motorone India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2222.82% increase. The company also saw a substantial fall in profitability, with a 73.48% decrease in profit. The company's net worth Soared by an impressive increase of 23.2%.

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
2222.82%
Revenue from Operations
2559.51%
Total Assets
1449.89%
Profit or Loss
-73.48%
Net Worth
23.20%
EBITDA
368.31%

What is the Ownership and Shareholding Structure of Motorone India?

In 2022, Motorone 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

₹0

Satisfied Charges

₹75.00 M

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Prime Limited : 7.50 Cr

Latest Charge Details

Date Lender Amount Status
16 Oct 2015 Kotak Mahindra Prime Limited ₹7.50 Cr Satisfied

How Many Employees Work at Motorone India?

Motorone India has a workforce of 2 employees as of Apr 03, 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 Motorone 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 Motorone 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 Motorone India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Motorone India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Harshal Manojkumar Desai was appointed as a Director was appointed as a Director on 14 Mar 2022 & has been associated with this company since 2 years 10 months .

    14 Mar 2022

  • Charges

    A charge registered on 16 Oct 2015 via Charge ID 10600635 with Kotak Mahindra Prime Limited was fully satisfied on 20 Aug 2018.

    20 Aug 2018

  • Charges

    A charge with Kotak Mahindra Prime Limited amounted to Rs. 75.00 M with Charge ID 10600635 was registered on 16 Oct 2015.

    16 Oct 2015

  • Director Appointment

    Parasbhai Dilipbhai Somani was appointed as a Director was appointed as a Director on 18 May 2010 & has been associated with this company since 14 years 8 months .

    18 May 2010

Frequently asked questions

  • Motorone India Private Limited was incorporated on 11 Apr 2003.

  • The authorized share capital of Motorone India Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Motorone India Private Limited.

    • Harshal Manojkumar Desai
    • Parasbhai Dilipbhai Somani
    • Devang Satyadev Dave
    • Sanjay Karsandas Thakker
  • As per Ministry of Corporate Affairs (Mca), the registered address of Motorone India Private Limited is 3Rd Floor Landmark House Opp. Aec Near Gurudwara Thaltej S. G. Highway, Ahmedabad, Gujarat, India, 380059.

  • The corporate identification number (CIN) of Motorone India Private Limited is U50400GJ2003PTC057309 and the company number is 057309 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Motorone India Private Limited is https://www.motorone.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Motorone India Private Limited has risen by 2222.82%.

  • As Per 2023 financial reports, 2 employees are currently employed by Motorone India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Motorone India Private Limited has experienced an upsurge of 23.20%.

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

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