Ride Automobiles Private Limited

Authorized dealer for Honda motorcycles and scooters, offering various models and services in Hyderabad and Ranga Reddy regions.

2013 | Hyderabad, Telangana (India) | Active
Last Updated:

Ride Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.86 Cr
  • Satisfied Charges ₹ 6.14 Cr
  • Revenue Growth 13.58%
  • Profit Growth 101.51%
  • Ebitda 330.84%
  • Net Worth 8.95%
  • Total Assets -23.28%

About Ride Automobiles

Ride Automobiles Private Limited (RAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 2013 and has a history of 11 years and six months. Its registered office is in Hyderabad, Telangana, 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹6.86 Cr. The company has closed loans amounting to ₹6.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sridhar Devireddy, Kumara Padmapriya, Komma Reddy, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50103TG2013PTC090014

  • Company No.

    090014

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 2013

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Automotive
Company report

Ride Automobiles Private Limited

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

Who are the key members and board of directors at Ride Automobiles?

Board Members (4)

NameDesignationAppointment DateStatus
Sridhar Devireddy Country flag representing In Director 13-Sep-2013Current
Kumara Padmapriya Country flag representing In Director 13-Sep-2013Current
Komma Reddy Country flag representing In Director 13-Sep-2013Current
Sudhakar Kumara Country flag representing In Director 30-Mar-2015Current

Financial Performance of Ride Automobiles.

Ride Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.58% increase. The company also saw a substantial improvement in profitability, with a 101.51% increase in profit. The company's net worth moved up by a moderate rise of 8.95%.

Ride Automobiles revenue growth over time
Ride Automobiles 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
13.58%
Revenue from Operations
13.90%
Total Assets
-23.28%
Profit or Loss
101.51%
Net Worth
8.95%
EBITDA
330.84%

What is the Ownership and Shareholding Structure of Ride Automobiles?

In 2023, Ride Automobiles 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

₹68.55 M

Satisfied Charges

₹61.40 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.00 Cr
  • Others : 0.86 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2024Others₹5.10 MOpen
16 Dec 2023Others₹3.45 MOpen
30 Dec 2019State Bank Of India₹6.00 CrOpen
28 Jan 2014Hdfc Bank Limited₹5.15 CrSatisfied
04 Dec 2013Indian Overseas Bank₹9.90 MSatisfied

How Many Employees Work at Ride Automobiles?

Ride Automobiles has a workforce of 62 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.

Employee growth trends for Ride Automobiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ride Automobiles, 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 Ride Automobiles'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 Ride Automobiles

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5.10 M with Charge ID 100978552 was registered on 22 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 3.45 M with Charge ID 100845788 was registered on 16 Dec 2023.

  • Annual General Meeting

    Ride Automobiles Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 60.00 M registered on 30 Dec 2019 with Charge ID 100314874 was modified on 20 Apr 2023.

  • Charges

    A charge registered on 28 Jan 2014 via Charge ID 10474978 with Hdfc Bank Limited was fully satisfied on 13 Apr 2023.

  • Balance Sheet

    Ride Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

Frequently asked questions

  • What is the Incorporation or founding date of Ride Automobiles Private Limited?

    Ride Automobiles Private Limited was incorporated on 13 Sep 2013.

  • What is authorized share capital and paid-up capital of Ride Automobiles Private Limited?

    The authorized share capital of Ride Automobiles Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Ride Automobiles Private Limited?

    Currently 4 directors are associated with Ride Automobiles Private Limited.

    • Sridhar Reddy Devireddy
    • Kumara Padmapriya
    • Komma Snehith Reddy
    • Sudhakar Kumara
  • What is the registered address of Ride Automobiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ride Automobiles Private Limited is 14-44, Ip Uppal Road India, Hyderabad, Telangana, 500007.

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

    The corporate identification number (CIN) of Ride Automobiles Private Limited is U50103TG2013PTC090014 and the company number is 090014 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ride Automobiles Private Limited?

    The Official website of Ride Automobiles Private Limited is https://www.ridehonda.in

  • What has been the recent revenue trend for Ride Automobiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ride Automobiles Private Limited has risen by 13.58%.

  • How many employees does Ride Automobiles Private Limited currently have?

    As Per 2023 financial reports, 62 employees are currently employed by Ride Automobiles Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Ride Automobiles Private Limited has experienced an upsurge of 8.95%.

  • What are the total open charges for Ride Automobiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ride Automobiles Private Limited amount to ₹ 6.86 Cr.

  • When was the last Balance Sheet of Ride Automobiles Private Limited filed with the ROC?

    The most recent Balance Sheet for Ride Automobiles Private Limited was filed with the ROC on 31 Mar 2023.

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