Luxury Ride India Private Limited

Sells a variety of high-end used cars, including BMW, Audi, Mercedes, and Toyota.

2017 | Delhi (India) | Active
Last Updated: January 11, 2025

Luxury Ride India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.89 Cr
  • Revenue Growth 67.41%
  • Profit Growth 73.33%
  • Ebitda 126.41%
  • Net Worth -154.76%
  • Total Assets 44.81%

About Luxury Ride India

Luxury Ride India Private Limited (LRIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 09 June 2017 (Seven years and seven months 25 days old ). Its registered office is in Delhi, 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 3.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company has closed loans amounting to ₹1.89 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dhianu Das, Vikram Pannu, and Sumit Garg serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50401DL2017PTC318961

  • Company No.

    318961

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

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

Board Members (3)

Name Designation Appointment Date Status
Dhianu Das Country flag representing In Director 02-Mar-2021 Current
Vikram Pannu Country flag representing In Director 26-Dec-2020 Current
Sumit Garg Country flag representing In Director 09-Jun-2017 Current

Financial Performance of Luxury Ride India.

Luxury Ride India Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 67.41% increase. The company also saw a substantial improvement in profitability, with a 73.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 154.76%.

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
67.41%
Revenue from Operations
67.96%
Total Assets
44.81%
Profit or Loss
73.33%
Net Worth
-154.76%
EBITDA
126.41%

What is the Ownership and Shareholding Structure of Luxury Ride India?

In 2023, Luxury Ride India had a promoter holding of 60.00% and a public holding of 40.00%. 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

₹1.89 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.15 Cr
  • Canara Bank : 0.69 Cr
  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
09 Dec 2021 Canara Bank ₹5.00 M Satisfied
26 Nov 2021 Others ₹0.45 M Satisfied
30 Sep 2021 Hdfc Bank Limited ₹0.60 M Satisfied
14 Sep 2021 Others ₹5.00 M Satisfied
20 Jul 2021 Canara Bank ₹1.87 M Satisfied

How Many Employees Work at Luxury Ride India?

Luxury Ride India has a workforce of 63 employees as of Mar 22, 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 Luxury Ride 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 Luxury Ride 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 Luxury Ride India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 25 Mar 2021 via Charge ID 100444716 with Others was fully satisfied on 05 Jul 2023.

    05 Jul 2023

  • Balance Sheet

    Luxury Ride India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 09 Dec 2021 via Charge ID 100528146 with Canara Bank was fully satisfied on 07 Feb 2023.

    07 Feb 2023

  • Charges

    A charge registered on 20 Jul 2021 via Charge ID 100464561 with Canara Bank was fully satisfied on 07 Feb 2023.

    07 Feb 2023

  • Charges

    A charge registered on 30 Sep 2021 via Charge ID 100503649 with Hdfc Bank Limited was fully satisfied on 25 Jan 2023.

    25 Jan 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Luxury Ride India Private Limited was incorporated on 09 Jun 2017.

  • The authorized share capital of Luxury Ride India Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Luxury Ride India Private Limited.

    • Dhianu Das
    • Vikram Pannu
    • Sumit Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Luxury Ride India Private Limited is Khasra Number 98/2 Situated At G.T. Karnal Road Near Satguru Darshan Dham, Village- Alip Ur India, Delhi, 110036.

  • The corporate identification number (CIN) of Luxury Ride India Private Limited is U50401DL2017PTC318961 and the company number is 318961 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Luxury Ride India Private Limited is https://www.luxuryride.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Luxury Ride India Private Limited has risen by 67.41%.

  • As Per 2021 financial reports, 63 employees are currently employed by Luxury Ride India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Luxury Ride India Private Limited has experienced an downturn of -154.76%.

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

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