Narveda Motors Private Limited

Authorized dealer of commercial vehicles and construction equipment with showrooms and service centers in Uttar Pradesh.

1998 | Lucknow, Uttar Pradesh (India) | Active
Last Updated: November 16, 2024

Narveda Motors Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 35.93 Cr
  • Satisfied Charges ₹ 15.29 Cr
  • Revenue Growth 121.91%
  • Profit Growth 104.25%
  • Ebitda 93.20%
  • Net Worth 21.72%
  • Total Assets 33.47%

About Narveda Motors

Narveda Motors Private Limited (NMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 1998 and has a history of 26 years and seven months. Its registered office is in Lucknow, Uttar Pradesh, 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 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹35.93 Cr. The company has closed loans amounting to ₹15.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Puneet Mittal, Narveda Gupta, Ved Gupta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Lucknow, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    escortsece.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35999UP1998PTC023630

  • Company No.

    023630

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive
Machinery and Equipment

What products or services does Narveda Motors Private Limited offer?

Narveda Motors Private Limited offers a wide range of products and services, including Trucks, Eicher Trucks, Building & Construction Machines, Asphalt Road Equipment, Commercial Vehicles & Three Wheelers, Haulage Trucks, Asphalt Plants.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vishal Gupta Country flag representing In Managing Director01-Jul-1998Current

Board Members (4)

NameDesignationAppointment DateStatus
Puneet Mittal Country flag representing In Director 01-Jul-1998Current
Narveda Gupta Country flag representing In Director 29-Oct-2014Current
Ved Gupta Country flag representing In Director 29-Oct-2014Current
Gagan Gupta Country flag representing In Director 01-Jul-1998Current

Financial Performance of Narveda Motors.

Narveda Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 121.91% increase. The company also saw a substantial improvement in profitability, with a 104.25% increase in profit. The company's net worth Soared by an impressive increase of 21.72%.

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
121.91%
Revenue from Operations
126.88%
Total Assets
33.47%
Profit or Loss
104.25%
Net Worth
21.72%
EBITDA
93.20%

What is the Ownership and Shareholding Structure of Narveda Motors?

In 2023, Narveda Motors had a promoter holding of 26.03% and a public holding of 73.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹359.26 M

Satisfied Charges

₹152.86 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 34.10 Cr
  • Hdfc Bank Limited : 1.50 Cr
  • Others : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
03 May 2024Hdfc Bank Limited₹1.50 MOpen
29 Apr 2024Hdfc Bank Limited₹2.00 MOpen
12 Dec 2023Hdfc Bank Limited₹0.64 MOpen
25 Jul 2023Hdfc Bank Limited₹1.20 MOpen
27 Feb 2023Hdfc Bank Limited₹2.01 MOpen

How Many Employees Work at Narveda Motors?

Narveda Motors has a workforce of 87 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 Narveda 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 Narveda 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 Narveda Motors

Recent activity within the organization

  • Charges

    A charge registered on 28 Apr 2010 via Charge ID 10218481 with State Bank Of India was fully satisfied on 21 Jun 2024.

    21 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 M with Charge ID 100916576 was registered on 03 May 2024.

    03 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100911963 was registered on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 16 Jul 2022 via Charge ID 100678660 with Hdfc Bank Limited was fully satisfied on 22 Apr 2024.

    22 Apr 2024

  • Charges

    A charge registered on 17 Aug 2011 via Charge ID 10308891 with Hdfc Bank Limited was fully satisfied on 22 Apr 2024.

    22 Apr 2024

  • Charges

    A charge registered on 16 Aug 2022 via Charge ID 100634004 with Others was fully satisfied on 23 Feb 2024.

    23 Feb 2024

Frequently asked questions

  • Narveda Motors Private Limited was incorporated on 01 Jul 1998.

  • The authorized share capital of Narveda Motors Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 5 directors are associated with Narveda Motors Private Limited.

    • Puneet Mittal
    • Narveda Gupta
    • Ved Prakash Gupta
    • Gagan Gupta
    • Vishal Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Narveda Motors Private Limited is Near Power House Dewa Road, Chinhat India, Lucknow, Uttar Pradesh, 226019.

  • The corporate identification number (CIN) of Narveda Motors Private Limited is U35999UP1998PTC023630 and the company number is 023630 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Narveda Motors Private Limited is https://www.escortsece.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Narveda Motors Private Limited has risen by 121.91%.

  • As Per 2023 financial reports, 87 employees are currently employed by Narveda Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Narveda Motors Private Limited has experienced an upsurge of 21.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Narveda Motors Private Limited amount to ₹ 35.93 Cr.

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