Nagshanti Motors Private Limited

Authorized dealer for Hero vehicles, offering sales, repairs, and parts for bikes and scooters.

2003 | Dharwad, Karnataka (India) | Active
Last Updated: October 24, 2024

Nagshanti Motors Profile

Key Indicators

  • Authorised Capital ₹ 6.90 M
  • Paid Up Capital ₹ 6.90 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.13 Cr
  • Satisfied Charges ₹ 5.83 Cr
  • Revenue Growth 18.77%
  • Profit Growth -61.82%
  • Ebitda -33.32%
  • Net Worth 4.56%
  • Total Assets -32.31%

About Nagshanti Motors

Nagshanti Motors Private Limited (NMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 2003 and has a history of 21 years and two 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 6.90 M and a paid-up capital of Rs 6.90 M.

The company currently has active open charges totaling ₹6.13 Cr. The company has closed loans amounting to ₹5.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kiran Agadi and Annapurna Agadi serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50101KA2003PTC032879

  • Company No.

    032879

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Kiran Agadi Country flag representing In Director 18-Nov-2003 Current
Annapurna Agadi Country flag representing In Director 18-Nov-2003 Current

Financial Performance of Nagshanti Motors.

Nagshanti Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.77% increase. The company also saw a substantial fall in profitability, with a 61.82% decrease in profit. The company's net worth moved up by a moderate rise of 4.56%.

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
18.77%
Revenue from Operations
18.09%
Total Assets
-32.31%
Profit or Loss
-61.82%
Net Worth
4.56%
EBITDA
-33.32%

What is the Ownership and Shareholding Structure of Nagshanti Motors?

In 2023, Nagshanti Motors had a promoter holding of 98.55% and a public holding of 1.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.25 M

Satisfied Charges

₹58.30 M

Charges Breakdown by Lending Institutions

  • Others : 4.13 Cr
  • State Bank Of India : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
08 Apr 2021 State Bank Of India ₹2.00 Cr Open
25 Mar 2014 Others ₹4.13 Cr Open
18 Oct 2019 Others ₹1.88 Cr Satisfied
05 Jul 2014 State Bank Of India ₹1.46 Cr Satisfied
05 Mar 2004 State Bank Of India ₹2.49 Cr Satisfied

How Many Employees Work at Nagshanti Motors?

Unlock and access historical data on people associated with Nagshanti Motors, 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 Nagshanti Motors, 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 Nagshanti Motors'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 Nagshanti Motors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Nagshanti Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 18 Oct 2019 via Charge ID 100305630 with Others was fully satisfied on 03 May 2021.

    03 May 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 20.00 M with Charge ID 100467842 was registered on 08 Apr 2021.

    08 Apr 2021

  • Charges

    A charge with Others of Rs. 41.25 M registered on 25 Mar 2014 with Charge ID 10493768 was modified on 18 Nov 2020.

    18 Nov 2020

  • Charges

    A charge registered on 05 Jul 2014 via Charge ID 10529656 with State Bank Of India was fully satisfied on 24 Oct 2019.

    24 Oct 2019

Frequently asked questions

  • Nagshanti Motors Private Limited was incorporated on 18 Nov 2003.

  • The authorized share capital of Nagshanti Motors Private Limited is ₹ 6.90 M and paid-up capital is ₹ 6.90 M.

  • Currently 2 directors are associated with Nagshanti Motors Private Limited.

    • Kiran Sharanappa Agadi
    • Annapurna Agadi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nagshanti Motors Private Limited is Anusharan Arcade 2Nd Floor Prashant Colony Shirur Park Vidyanagar India, Hubli, Karnataka, 580030.

  • The corporate identification number (CIN) of Nagshanti Motors Private Limited is U50101KA2003PTC032879 and the company number is 032879 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nagshanti Motors Private Limited is https://www.nagshanti.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nagshanti Motors Private Limited has risen by 18.77%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nagshanti Motors Private Limited has experienced an upsurge of 4.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nagshanti Motors Private Limited amount to ₹ 6.13 Cr.

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

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