Shankar Vital Motor Company Profile
Key Indicators
- Authorised Capital ₹ 9.50 M
- Paid Up Capital ₹ 1.20 M
- Company Age 96 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 44.37 Cr
- Satisfied Charges ₹ 38.93 Cr
- Revenue Growth 78.12%
- Profit Growth -2.64%
- Ebitda 27.05%
- Net Worth -9.39%
- Total Assets 4.64%
About Shankar Vital Motor Company
Shankar Vital Motor Company Limited (SVMCL) was founded in India on 14 February 1929 and has a glorious history of 96 years and three months. Its registered office is in Mangalore-1., Karnataka.
The Corporate was formerly known as The Shanker Vittal Motor Company Limited. The Company is engaged in the Real Estate And Construction 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 9.50 M and a paid-up capital of Rs 1.20 M.
The company currently has active open charges totaling ₹44.37 Cr. The company has closed loans amounting to ₹38.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prasad Rao, Aroor Prasanna, Prashanth Rao, and One other member serve as directors at the Company.
Company Details
- Location Mangalore-1., Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34101KA1929PLC001215
- Company No.
001215
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Feb 1929
- Date of AGM
13 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Real Estate and Construction
Transport and Logistics
Shankar Vital Motor Company Limited
Explore comprehensive data for Shankar Vital Motor Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shankar Vital Motor Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasad Rao  | Managing Director | 01-Jun-2007 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prashanth Rao | Director | 30-Aug-2004 | Current |
| Aroor Prasanna | Director | 04-Feb-1995 | Current |
| Laxmi Rao | Director | 22-Jul-1989 | Current |
Financial Performance of Shankar Vital Motor Company.
Shankar Vital Motor Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.12% increase. The company also saw a slight decrease in profitability, with a 2.64% decrease in profit. The company's net worth dipped by a decrease of 9.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shankar Vital Motor Company?
In 2023, Shankar Vital Motor Company had a promoter holding of 28.84% and a public holding of 71.16%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Intellistay Hotels Private LimitedPrashanth Rao is a mutual person
R.P Switchgear And Trading Private LimitedPrasad Rao, Aroor Prasanna and 1 more are mutual person
- Tribhuvan Automobiles Private Limited
Prasad Rao and Prashanth Rao are mutual person
- Shankar Vittal Constructions Private Limited
Prasad Rao, Aroor Prasanna and 1 more are mutual person
- Shankar Vittal Finance Private Limited
Prasad Rao, Aroor Prasanna and 1 more are mutual person
- Apodis Projects Private Limited
Prashanth Rao is a mutual person
Charges (Loans)
Open Charges
₹443.69 M
Satisfied Charges
₹389.28 M
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 43.89 Cr
- Others : 0.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2023 | Karnataka Bank Ltd. | ₹3.00 Cr | Open |
| 15 Apr 2023 | Karnataka Bank Ltd. | ₹2.64 M | Open |
| 05 Nov 2022 | Karnataka Bank Ltd. | ₹18.00 Cr | Open |
| 24 Jun 2022 | Karnataka Bank Ltd. | ₹2.88 Cr | Open |
| 25 May 2021 | Karnataka Bank Ltd. | ₹1.75 Cr | Open |
How Many Employees Work at Shankar Vital Motor Company?
Unlock and access historical data on people associated with Shankar Vital Motor Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shankar Vital Motor Company, 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 Shankar Vital Motor Company'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 Shankar Vital Motor Company
Recent activity within the organization
- Charges
A charge registered on 29 Dec 2008 via Charge ID 10137757 with Corporation Bank was fully satisfied on 12 Jun 2024.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 30.00 M registered on 21 May 2021 with Charge ID 100461532 was modified on 06 Mar 2024.
- Annual General Meeting
Shankar Vital Motor Company Limited last Annual general meeting of members was held on 13 Nov 2023 as per latest MCA records.
- Charges
A charge registered on 20 Jan 2009 via Charge ID 10146530 with State Bank Of India was fully satisfied on 29 May 2023.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 30.00 M with Charge ID 100724107 was registered on 11 May 2023.
- Charges
A charge registered on 15 Dec 2017 via Charge ID 100143052 with Others was fully satisfied on 11 May 2023.
Frequently asked questions
What is the Incorporation or founding date of Shankar Vital Motor Company Limited?
Shankar Vital Motor Company Limited was incorporated on 14 Feb 1929.
What is authorized share capital and paid-up capital of Shankar Vital Motor Company Limited?
The authorized share capital of Shankar Vital Motor Company Limited is ₹ 9.50 M and paid-up capital is ₹ 1.20 M.
Who are the current board members & directors of Shankar Vital Motor Company Limited?
Currently 4 directors are associated with Shankar Vital Motor Company Limited.
- Prasad Aroor Rao
- Aroor Rao Prasanna
- Prashanth Aroor Rao
- Laxmi Aroor Rao
What is the registered address of Shankar Vital Motor Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shankar Vital Motor Company Limited is Attavar Nandigudde Rd., India, Mangalore-1., Karnataka.
What is the corporate identification number (CIN) and company number of Shankar Vital Motor Company Limited?
The corporate identification number (CIN) of Shankar Vital Motor Company Limited is U34101KA1929PLC001215 and the company number is 001215 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shankar Vital Motor Company Limited?
The Official website of Shankar Vital Motor Company Limited is https://www.shankervittal.com
What has been the recent revenue trend for Shankar Vital Motor Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shankar Vital Motor Company Limited has risen by 78.12%.
What change has been observed in the net worth of Shankar Vital Motor Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shankar Vital Motor Company Limited has experienced an downturn of -9.39%.
What are the total open charges for Shankar Vital Motor Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shankar Vital Motor Company Limited amount to ₹ 44.37 Cr.
When was the last Balance Sheet of Shankar Vital Motor Company Limited filed with the ROC?
The most recent Balance Sheet for Shankar Vital Motor Company Limited was filed with the ROC on 31 Mar 2023.
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