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Ninestar Motorcycles (Bangalore) Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 12 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.06 Cr
- Satisfied Charges ₹ 5.62 Cr
- Revenue Growth 46.84%
- Profit Growth 750.28%
- Ebitda 86.39%
- Net Worth 26.97%
- Total Assets 18.20%
About Ninestar Motorcycles (Bangalore)
Ninestar Motorcycles (Bangalore) Private Limited (NMBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 2012 and has a history of 12 years and five months. Its registered office is in Bangalore, 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 7.50 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹16.06 Cr. The company has closed loans amounting to ₹5.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venkata Gorrepati, Padmini Gorrepati, and Dharma Gorrepati serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50200KA2012PTC066425
- Company No.
066425
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Oct 2012
- Date of AGM
14 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
What products or services does Ninestar Motorcycles (Bangalore) Private Limited offer?
Ninestar Motorcycles (Bangalore) Private Limited offers a wide range of products and services, including Scooter, Motor Scooters, Motorcycle, Sport Motorcycle, Suzuki Bikes, Power Bike.
Who are the key members and board of directors at Ninestar Motorcycles (Bangalore)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Gorrepati  | Director | 15-May-2019 | Current |
| Padmini Gorrepati | Director | 30-Sep-2015 | Current |
| Dharma Gorrepati | Director | 23-Oct-2012 | Current |
Financial Performance of Ninestar Motorcycles (Bangalore).
Ninestar Motorcycles (Bangalore) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.84% increase. The company also saw a substantial improvement in profitability, with a 750.28% increase in profit. The company's net worth Soared by an impressive increase of 26.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ninestar Motorcycles (Bangalore)?
In 2023, Ninestar Motorcycles (Bangalore) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹160.65 M
Satisfied Charges
₹56.18 M
Charges Breakdown by Lending Institutions
- Others : 8.83 Cr
- Axis Bank Limited : 6.85 Cr
- Hdfc Bank Limited : 0.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2023 | Others | ₹5.00 Cr | Open |
| 29 Sep 2023 | Others | ₹3.50 Cr | Open |
| 29 Sep 2023 | Others | ₹1.53 M | Open |
| 29 Sep 2023 | Others | ₹1.72 M | Open |
| 16 Aug 2022 | Hdfc Bank Limited | ₹2.29 M | Open |
How Many Employees Work at Ninestar Motorcycles (Bangalore)?
Ninestar Motorcycles (Bangalore) has a workforce of 75 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ninestar Motorcycles (Bangalore), 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 Ninestar Motorcycles (Bangalore)'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.
Latest Updates, News, and FAQs on Ninestar Motorcycles (Bangalore)
Recent activity within the organization
- Annual General Meeting
Ninestar Motorcycles (Bangalore) Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 50.00 M with Charge ID 100829675 was registered on 29 Sep 2023.
- Charges
A charge with Others amounted to Rs. 35.00 M with Charge ID 100829677 was registered on 29 Sep 2023.
- Charges
A charge with Others amounted to Rs. 1.53 M with Charge ID 100829678 was registered on 29 Sep 2023.
- Charges
A charge with Others amounted to Rs. 1.72 M with Charge ID 100829777 was registered on 29 Sep 2023.
- Balance Sheet
Ninestar Motorcycles (Bangalore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Frequently asked questions
What is the Incorporation or founding date of Ninestar Motorcycles (Bangalore) Private Limited?
Ninestar Motorcycles (Bangalore) Private Limited was incorporated on 23 Oct 2012.
What is authorized share capital and paid-up capital of Ninestar Motorcycles (Bangalore) Private Limited?
The authorized share capital of Ninestar Motorcycles (Bangalore) Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Ninestar Motorcycles (Bangalore) Private Limited?
Currently 3 directors are associated with Ninestar Motorcycles (Bangalore) Private Limited.
- Venkata Narayana Gorrepati
- Padmini Gorrepati
- Dharma Teja Gorrepati
What is the registered address of Ninestar Motorcycles (Bangalore) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ninestar Motorcycles (Bangalore) Private Limited is Sy. No.43 Beside State Bank Of India- Hosur Road Branch Chikkathoguru Village Begur Hob, Li, Bangalore, Karnataka, 560100.
What is the corporate identification number (CIN) and company number of Ninestar Motorcycles (Bangalore) Private Limited?
The corporate identification number (CIN) of Ninestar Motorcycles (Bangalore) Private Limited is U50200KA2012PTC066425 and the company number is 066425 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ninestar Motorcycles (Bangalore) Private Limited?
The Official website of Ninestar Motorcycles (Bangalore) Private Limited is https://www.ninestarsuzuki.com
What has been the recent revenue trend for Ninestar Motorcycles (Bangalore) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ninestar Motorcycles (Bangalore) Private Limited has risen by 46.84%.
How many employees does Ninestar Motorcycles (Bangalore) Private Limited currently have?
As Per 2023 financial reports, 75 employees are currently employed by Ninestar Motorcycles (Bangalore) Private Limited.
What change has been observed in the net worth of Ninestar Motorcycles (Bangalore) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ninestar Motorcycles (Bangalore) Private Limited has experienced an upsurge of 26.97%.
What are the total open charges for Ninestar Motorcycles (Bangalore) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ninestar Motorcycles (Bangalore) Private Limited amount to ₹ 16.06 Cr.
When was the last Balance Sheet of Ninestar Motorcycles (Bangalore) Private Limited filed with the ROC?
The most recent Balance Sheet for Ninestar Motorcycles (Bangalore) Private Limited was filed with the ROC on 31 Mar 2023.
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