Niran Motors Private Limited
Manufactures, assembles, and sells motor vehicles as an authorized dealer of Royal Enfield.
2018 | Mangalore, Karnataka (India) | Active
Niran Motors Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 6 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.50 Cr
- Satisfied Charges ₹ 3.04 Cr
- Revenue Growth 16.03%
- Profit Growth 259.68%
- Ebitda -38.90%
- Net Worth 3.84%
- Total Assets -14.12%
About Niran Motors
Niran Motors Private Limited (NMPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 2018 (Six years and four months 7 days old ). Its registered office is in Mangalore, Karnataka.
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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹3.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shrey Sharma and Nihal Shetty serve as directors at the Company.
Company Details
- Location Mangalore, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U35900KA2018PTC118076
- Company No.
118076
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Oct 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
Who are the key members and board of directors at Niran Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nihal Shetty  | Managing Director | 29-Oct-2018 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shrey Sharma | Director | 29-Oct-2018 | Current |
Financial Performance of Niran Motors.
Niran Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.03% increase. The company also saw a substantial improvement in profitability, with a 259.68% increase in profit. The company's net worth moved up by a moderate rise of 3.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Niran Motors?
In 2023, Niran Motors 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
₹35.00 M
Satisfied Charges
₹30.44 M
Charges Breakdown by Lending Institutions
- Others : 3.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2022 | Others | ₹3.50 Cr | Open |
| 26 Nov 2021 | Canara Bank | ₹5.44 M | Satisfied |
| 26 Mar 2021 | Canara Bank | ₹2.50 Cr | Satisfied |
How Many Employees Work at Niran Motors?
Niran Motors has a workforce of 70 employees as of Mar 27, 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 Niran 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 Niran Motors'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 Niran Motors
Recent activity within the organization
- Annual General Meeting
Niran Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Niran Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others of Rs. 35.00 M registered on 14 Jul 2022 with Charge ID 100599018 was modified on 26 Jul 2022.
- Charges
A charge registered on 26 Mar 2021 via Charge ID 100446010 with Canara Bank was fully satisfied on 20 Jul 2022.
- Charges
A charge registered on 26 Nov 2021 via Charge ID 100519495 with Canara Bank was fully satisfied on 16 Jul 2022.
- Charges
A charge with Others amounted to Rs. 35.00 M with Charge ID 100599018 was registered on 14 Jul 2022.
Frequently asked questions
What is the Incorporation or founding date of Niran Motors Private Limited?
Niran Motors Private Limited was incorporated on 29 Oct 2018.
What is authorized share capital and paid-up capital of Niran Motors Private Limited?
The authorized share capital of Niran Motors Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Niran Motors Private Limited?
Currently 2 directors are associated with Niran Motors Private Limited.
- Shrey Sharma
- Nihal Shetty
What is the registered address of Niran Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Niran Motors Private Limited is D No F-14/Ba-157/2017-18 Ground Floor, Bangra Kuloor India, Mangalore, Karnataka, 575012.
What is the corporate identification number (CIN) and company number of Niran Motors Private Limited?
The corporate identification number (CIN) of Niran Motors Private Limited is U35900KA2018PTC118076 and the company number is 118076 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Niran Motors Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Niran Motors Private Limited has risen by 16.03%.
How many employees does Niran Motors Private Limited currently have?
As Per 2023 financial reports, 70 employees are currently employed by Niran Motors Private Limited.
What change has been observed in the net worth of Niran Motors Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Niran Motors Private Limited has experienced an upsurge of 3.84%.
What are the total open charges for Niran Motors Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Niran Motors Private Limited amount to ₹ 3.50 Cr.
When was the last Balance Sheet of Niran Motors Private Limited filed with the ROC?
The most recent Balance Sheet for Niran Motors Private Limited was filed with the ROC on 31 Mar 2024.