Raga Motors Private Limited logo

Raga Motors Private Limited

Auto company offering Mahindra and Mahindra vehicle sales and services, with multiple showrooms and service centers.

1999 Punjab, Punjab (India) Active

About

Basic Data Updated:

11 days ago

The management of Raga Motors Private Limited, as stated in its credit rating report, is led by Mr Ramneek Handa, Mr Gaurav Chopra, Mrs Parveen Handa, and Mrs Anita Chopra. The company is primarily involved in the sales and services of Mahindra and Mahindra vehicles, with showrooms located in Jalandhar, Kapurthala, Nakodar, and Paragpur. Additionally, they also have a Honda Motorcycle & Scooter India (HMSIL) two-wheeler sales outlet in Jalandhar. With a total of 5 showrooms and 3 service centers, RMPL offers a wide range of services including sales, spare parts, and maintenance. The company was established in 1999 and its registered office is situated in Jalandhar, Punjab.

Industry

Company Details

  • Location
    Punjab, Punjab
  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNU67100PB1999PTC023079
Company No.023079
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date11 Nov 1999
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chandigarh

Products or Services related to Raga Motors Private Limited

Mahindra XUV 300

Mahindra Cars

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Raga Motors Private Limited offers a wide range of products and services, including: Cars, Mahindra Cars.

Financials of Raga Motors Private Limited

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Raga Motors Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 22.98% decrease. The company also saw a substantial improvement in profitability, with a 73.23% increase in profit. The company's net worth Soared by an impressive increase of 24.25%.

Enhance accessibility to Raga Motors's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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Unlock access to Raga Motors's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Raga Motors Private Limited

Executive Team (1)

  • ramneek_handa_531627.png
    Ramneek Handa In Managing Director

    Appointment Date: 11-Nov-1999

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹64.69 cr

₹14.05 cr

LenderAmountStatus

Others

Creation Date: 29 Feb 2024
₹10.00 CrOpen

Others

Creation Date: 17 Aug 2023
₹15.00 CrOpen

Cholamandalam Investment And Finance Company Limited

Creation Date: 29 Jun 2015
₹3.00 MOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Raga 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 Raga Motors's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with Others of Rs. 15.00 cr registered on 17 Aug 2023 with Charge ID 100776202 was modified on 12 Apr 2024.

    12 Apr 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 10.00 cr with Charge ID 100881326 was registered on 29 Feb 2024.

    29 Feb 2024
  • Activity

    Charges

    A charge with State Bank Of India of Rs. 11.10 cr registered on 30 Aug 2014 with Charge ID 10523120 was modified on 28 Feb 2024.

    28 Feb 2024
  • Activity

    Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 cr registered on 16 Sep 2011 with Charge ID 10312823 was modified on 02 Nov 2023.

    02 Nov 2023
  • Activity

    Annual General Meeting

    Raga Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

What is the Incorporation or founding date of Raga Motors Private Limited?

Raga Motors Private Limited was incorporated 24 years 5 months ago on 11 Nov 1999 with Registrar of Companies Roc Chandigarh.

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