Navnit Cars Private Limited

Authorized dealer for Skoda cars, spare parts, and servicing in Nagpur since 2004.

2004 | Nagpur, Maharashtra (India) | Active
Last Updated:

Navnit Cars Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.47 Cr
  • Satisfied Charges ₹ 20.58 Cr
  • Revenue Growth -33.75%
  • Profit Growth -223.79%
  • Ebitda -329.25%
  • Net Worth -6.64%
  • Total Assets -10.90%

About Navnit Cars

Navnit Cars Private Limited (NCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 August 2004 and has a history of 20 years and eight months. Its registered office is in Nagpur, Maharashtra, 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 2024. 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.

Chirag Sheth and Bharat Sheth serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50100MH2004PTC148294

  • Company No.

    148294

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

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.

Company report

Navnit Cars Private Limited

Explore comprehensive data for Navnit Cars Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Navnit Cars?

Board Members (2)

NameDesignationAppointment DateStatus
Chirag Sheth Country flag representing In Whole-Time Director 30-Aug-2004Current
Bharat Sheth Country flag representing In Whole-Time Director 30-Aug-2004Current

Financial Performance 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%.

Navnit Cars revenue growth over time
Navnit Cars 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
-33.75%
Revenue from Operations
-33.80%
Total Assets
-10.90%
Profit or Loss
-223.79%
Net Worth
-6.64%
EBITDA
-329.25%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.47 Cr

Satisfied Charges

₹20.58 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.47 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2020Canara Bank₹2.47 CrOpen
19 Jan 2018Others₹3.00 CrSatisfied
07 Oct 2016Others₹2.33 MSatisfied
26 Sep 2016Others₹1.51 MSatisfied
03 Jun 2015Icici Bank Limited₹0.70 MSatisfied

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.

Employee growth trends for Navnit Cars Private Limited

Deals i

Graph showing company valuation over time

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

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 Navnit Cars

Recent activity within the organization

  • Annual General Meeting

    Navnit Cars Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Navnit Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Canara Bank of Rs. 2.47 Cr registered on 29 Dec 2020 with Charge ID 100412136 was modified on 04 Jan 2022.

  • Charges

    A charge with Canara Bank amounted to Rs. 2.47 Cr with Charge ID 100412136 was registered on 29 Dec 2020.

  • Charges

    A charge registered on 19 Jan 2018 via Charge ID 100168979 with Others was fully satisfied on 27 Jul 2020.

  • Charges

    A charge registered on 28 May 2015 via Charge ID 10572483 with Reliance Capital Ltd. was fully satisfied on 29 Jun 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Navnit Cars Private Limited?

    Navnit Cars Private Limited was incorporated on 30 Aug 2004.

  • What is authorized share capital and paid-up capital of Navnit Cars Private Limited?

    The authorized share capital of Navnit Cars Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Navnit Cars Private Limited?

    Currently 2 directors are associated with Navnit Cars Private Limited.

    • Chirag Bharat Sheth
    • Bharat Navneet Sheth

  • What is the registered address of Navnit Cars Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Navnit Cars Private Limited is C/O Navnit Automobiles, 296/297 Tawakkal Layout Wadi India, Hingna, Maharashtra, 440023.

  • What is the corporate identification number (CIN) and company number of Navnit Cars Private Limited?

    The corporate identification number (CIN) of Navnit Cars Private Limited is U50100MH2004PTC148294 and the company number is 148294 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Navnit Cars Private Limited?

    The Official website of Navnit Cars Private Limited is https://www.navnitskoda.co.in

  • What has been the recent revenue trend for Navnit Cars Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Navnit Cars Private Limited has fallen by -33.75%.

  • What change has been observed in the net worth of Navnit Cars Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Navnit Cars Private Limited has experienced an downturn of -6.64%.

  • What are the total open charges for Navnit Cars Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Navnit Cars Private Limited amount to ₹ 2.47 Cr.

  • When was the last Balance Sheet of Navnit Cars Private Limited filed with the ROC?

    The most recent Balance Sheet for Navnit Cars Private Limited was filed with the ROC on 31 Mar 2024.

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