Navnit Cars Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 24-07-2024
- Paid Up Capital ₹ 2.00 Cr
as on 24-07-2024
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.47 Cr
as on 24-07-2024
- Satisfied Charges ₹ 20.58 Cr
as on 24-07-2024
- Revenue -33.75%
(FY 2023)
- Profit -223.79%
(FY 2023)
- Ebitda -329.25%
(FY 2023)
- Net Worth -6.64%
(FY 2023)
- Total Assets -10.90%
(FY 2023)
About Navnit Cars
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 2.00 Cr.
The company currently has active open charges totaling ₹2.47 Cr. The company has closed loans amounting to ₹20.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bharat Sheth and Chirag Sheth serve as directors at the Company.
- CIN/LLPIN
U50100MH2004PTC148294
- Company No.
148294
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Aug 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Hingna, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Navnit Cars Private Limited offer?
Navnit Cars Private Limited offers a wide range of products and services, including Vocational Education and Training, Vocational Training, Cars, Motor Cars.
Who are the key members and board of directors at Navnit Cars?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Sheth  | Whole-Time Director | 30-Aug-2004 | Current |
| Chirag Sheth | Whole-Time Director | 30-Aug-2004 | Current |
Financial Performance and Corporate Structure Insights of Navnit Cars.
Navnit Cars Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.75% decrease. The company also saw a substantial fall in profitability, with a 223.79% decrease in profit. The company's net worth dipped by a decrease of 6.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Navnit Cars?
In 2023, Navnit Cars had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Navnit Automobiles Private LimitedActive 28 years 4 monthsBharat Sheth and Chirag Sheth are mutual person
Navnit Autospares (Nagpur) Private LimitedActive 22 years 7 monthsBharat Sheth and Chirag Sheth are mutual person
- N S Automotive Spares Private LimitedActive 20 years 6 days
Bharat Sheth and Chirag Sheth are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 29 Dec 2020 | ₹2.47 Cr | Open |
Others Creation Date: 19 Jan 2018 | ₹3.00 Cr | Satisfied |
Others Creation Date: 07 Oct 2016 | ₹2.33 M | Satisfied |
How Many Employees Work at Navnit Cars?
Unlock and access historical data on people associated with Navnit Cars, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Navnit Cars, 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 Navnit Cars's trajectory.
Rating
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
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.
