Shakti Cars Private Limited

Auto trading and manufacturing company specializing in cars, parts, and accessories.

2014 | Shimoga, Karnataka (India) | Active
Last Updated: July 17, 2024

Shakti Cars Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 11 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.45 Cr
  • Satisfied Charges ₹ 4.44 Cr
  • Revenue Growth 35.04%
  • Profit Growth -4.73%
  • Ebitda -0.53%
  • Net Worth 29.33%
  • Total Assets 43.23%

About Shakti Cars

Shakti Cars Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 2014 and has a history of 11 years. Its registered office is in Shimoga, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹30.45 Cr. The company has closed loans amounting to ₹4.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatesh Tatuskar, Geetha Tatuskar, and Aditya Tatuskar serve as directors at the Company.

Company Details

  • Location

    Shimoga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34105KA2014PTC073022

  • Company No.

    073022

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Venkatesh Tatuskar Country flag representing In Managing Director 13-Jan-2014 Current

Board Members (2)

Name Designation Appointment Date Status
Aditya Tatuskar Country flag representing In Director 15-Dec-2021 Current
Geetha Tatuskar Country flag representing In Director 15-Dec-2021 Current

Financial Performance of Shakti Cars.

Shakti Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.04% increase. The company also saw a slight decrease in profitability, with a 4.73% decrease in profit. The company's net worth Soared by an impressive increase of 29.33%.

Graph illustrating revenue growth over time
Graph showing 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
35.04%
Revenue from Operations
34.84%
Total Assets
43.23%
Profit or Loss
-4.73%
Net Worth
29.33%
EBITDA
-0.53%

What is the Ownership and Shareholding Structure of Shakti Cars?

In 2023, Shakti 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

₹30.45 Cr

Satisfied Charges

₹4.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.45 Cr

Latest Charge Details

Date Lender Amount Status
26 May 2023 Others ₹6.50 Cr Open
21 Sep 2015 Others ₹23.95 Cr Open
13 Oct 2014 State Bank Of India ₹4.44 Cr Satisfied

How Many Employees Work at Shakti Cars?

Shakti Cars has a workforce of 197 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shakti 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 Shakti 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 Shakti Cars

Recent activity within the organization

  • Charges

    A charge registered on 13 Oct 2014 via Charge ID 10530507 with State Bank Of India was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100734273 was registered on 26 May 2023.

    26 May 2023

  • Balance Sheet

    Shakti Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 23.95 Cr registered on 21 Sep 2015 with Charge ID 10598694 was modified on 30 Mar 2023.

    30 Mar 2023

  • Director Appointment

    Geetha Venkatesh Tatuskar was appointed as a Director was appointed as a Director on 15 Dec 2021 & has been associated with this company since 3 years 1 month .

    15 Dec 2021

Frequently asked questions

  • Shakti Cars Private Limited was incorporated on 13 Jan 2014.

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

  • Currently 3 directors are associated with Shakti Cars Private Limited.

    • Venkatesh Narayanrao Tatuskar
    • Geetha Venkatesh Tatuskar
    • Aditya Venkatesh Tatuskar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Cars Private Limited is Katha No. 1302 Ward No.16 Urgadoor By Pass Road Opp Mythri College Vidyan, Agara, Shimoga, Karnataka, India, 577203.

  • The corporate identification number (CIN) of Shakti Cars Private Limited is U34105KA2014PTC073022 and the company number is 073022 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shakti Cars Private Limited is https://www.shaktitoyota.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shakti Cars Private Limited has risen by 35.04%.

  • As Per 2023 financial reports, 197 employees are currently employed by Shakti Cars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shakti Cars Private Limited has experienced an upsurge of 29.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shakti Cars Private Limited amount to ₹ 30.45 Cr.

  • The most recent Balance Sheet for Shakti Cars Private Limited was filed with the ROC on 31 Mar 2023.

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