Naara Motors Llp

Authorized dealer of Kia, providing automobile sales and servicing since 2018 in Bangalore, Karnataka.

2018 | Bangalore, Karnataka (India) | Active
Last Updated: January 20, 2024

Naara Motors Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 3.00 Cr
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 36.44 Cr
  • Revenue Growth 60.62%
  • Profit Growth 108.59%
  • Ebitda 60.07%
  • Total Assets 25.16%

About Naara Motors Llp

Naara Motors Llp (NML) is 6 Year, 5 Months old Limited Liability Partnership 03 September 2018. Its registered office is in Bangalore, Karnataka, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2022 (FY 2021-2022). It's Total Obligation of Contribution is Rs 3.00 Cr as per MCA.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAN-2281

  • Incorporation Date

    03 Sep 2018

  • Date of Accounts and Solvency Statement

    31 Mar 2022

  • ROC Code

    Roc-Bangalore

  • Company Classification

    Limited Liability Partnership

Industry

Automotive

Who are the key members and board of directors at Naara Motors Llp?

Designated Partners (3)

Name Designation Appointment Date Status
Vishnu Vijayakumar Country flag representing In Designated Partner 01-Oct-2018 Current
Chintalappali Abhishek Country flag representing In Designated Partner 03-Sep-2018 Current
Saajan Kumar Country flag representing In Designated Partner 03-Sep-2018 Current

Financial Performance of Naara Motors Llp.

Naara Motors Llp, for the financial year ended 2021, experienced significant growth in revenue, with a 60.62% increase. The company also saw a substantial improvement in profitability, with a 108.59% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
60.62%
Revenue from Operations
60.56%
Total Assets
25.16%
Profit or Loss
108.59%
Net Worth
EBITDA
60.07%

What is the Ownership and Shareholding Structure of Naara Motors Llp?

Unlock access to Naara Motors Llp'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)

Open Charges

₹36.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 30.19 Cr
  • Indusind Bank Limited : 6.25 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2023 Indusind Bank Limited ₹6.25 Cr Open
24 Apr 2023 Axis Bank Limited ₹6.00 M Open
10 May 2019 Axis Bank Limited ₹29.59 Cr Open

How Many Employees Work at Naara Motors Llp?

Naara Motors Llp has a workforce of 121 employees as of Apr 07, 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 Naara Motors Llp, 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 Naara Motors Llp'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 Naara Motors Llp

Recent activity within the organization

  • Charges

    A charge with Indusind Bank Limited amounted to Rs. 6.25 Cr with Charge ID 100757170 was registered on 26 Jul 2023.

    26 Jul 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100720250 was registered on 24 Apr 2023.

    24 Apr 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 29.59 Cr registered on 10 May 2019 with Charge ID 100266476 was modified on 27 Mar 2023.

    27 Mar 2023

  • Statement of Assets & Liabilities

    Naara Motors Llp has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Bangalore.

    31 Mar 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 29.59 Cr with Charge ID 100266476 was registered on 10 May 2019.

    10 May 2019

  • Director Appointment

    Vishnu Vijayakumar was appointed as a Designated Partner was appointed as a Designated Partner on 01 Oct 2018 & has been associated with this company since 6 years 4 months .

    01 Oct 2018

Frequently asked questions

  • Naara Motors Llp was incorporated on 03 Sep 2018.

  • The Obligation of Contribution of Naara Motors Llp is ₹ 3.00 Cr.

  • Currently 3 partners are associated with Naara Motors Llp.

    • Chintalappali Govardhan Abhishek
    • Saajan Akkisetty Dilip Kumar
    • Vishnu Vijayakumar
    Chintalappali Govardhan AbhishekSaajan Akkisetty Dilip KumarVishnu Vijayakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Naara Motors Llp is No 8, 24Th Main Road Jp Nagar 1St Phase Na, Bangalore, Karnataka, India, 560078.

  • The Limited Liability Partnership Identification Number (LLPIN) of Naara Motors Llp is AAN-2281.

  • The Official website of Naara Motors Llp is https://www.naara-motors.in.kia

  • According to the financial reports for the fiscal year 2021, the revenue trend for Naara Motors Llp has risen by 60.62%.

  • As Per 2021 financial reports, 121 employees are currently employed by Naara Motors Llp.

  • As per the financial statements for fiscal Year 2021, The total open charges for Naara Motors Llp amount to ₹ 36.44 Cr.

  • The most recent Balance Sheet for Naara Motors Llp was filed with the ROC on 31 Mar 2022.