Shantinath Motors Private Limited

This company is a dealer in automotive products and also imports, exports, and trades various goods.

2005 | Kachchh, Gujarat (India) | Active
Last Updated: January 19, 2025

Shantinath Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 76.50 Cr
  • Satisfied Charges ₹ 34.50 Cr
  • Revenue Growth 17.28%
  • Profit Growth -98.81%
  • Ebitda 191.83%
  • Net Worth 0.37%
  • Total Assets 40.85%

About Shantinath Motors

Shantinath Motors Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 2005 and has a history of 19 years and four months. Its registered office is in Kachchh, Gujarat, India.

The Corporate was formerly known as Farlin Overseas Private Limited. 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹76.50 Cr. The company has closed loans amounting to ₹34.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Praveen Singhvi, Sandeep Singhvi, and Mridul Singhvi serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    friendsgroup.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51100GJ2005PTC046863

  • Company No.

    046863

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive
Environment

Who are the key members and board of directors at Shantinath Motors?

Board Members (3)

NameDesignationAppointment DateStatus
Praveen Singhvi Country flag representing In Director 15-Feb-2011Current
Sandeep Singhvi Country flag representing In Director 15-Jul-2020Current
Mridul Singhvi Country flag representing In Director 15-Jul-2020Current

Financial Performance of Shantinath Motors.

Shantinath Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.28% increase. The company also saw a substantial fall in profitability, with a 98.81% decrease in profit. The company's net worth moved up by a moderate rise of 0.37%.

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
17.28%
Revenue from Operations
17.73%
Total Assets
40.85%
Profit or Loss
-98.81%
Net Worth
0.37%
EBITDA
191.83%

What is the Ownership and Shareholding Structure of Shantinath Motors?

In 2023, Shantinath Motors had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹76.50 Cr

Satisfied Charges

₹34.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 62.50 Cr
  • Hdfc Bank Limited : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 May 2024Others₹10.00 CrOpen
16 Dec 2022Others₹12.50 CrOpen
27 May 2022Others₹30.00 CrOpen
11 Mar 2022Others₹10.00 CrOpen
25 Feb 2022Hdfc Bank Limited₹14.00 CrOpen

How Many Employees Work at Shantinath Motors?

Shantinath Motors has a workforce of 100 employees as of Apr 09, 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 Shantinath 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 Shantinath Motors'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 Shantinath Motors

Recent activity within the organization

  • Charges

    A charge registered on 28 May 2018 via Charge ID 100188262 with State Bank Of India was fully satisfied on 04 Sep 2024.

    04 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100936234 was registered on 30 May 2024.

    30 May 2024

  • Annual General Meeting

    Shantinath Motors Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Shantinath Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100656464 was registered on 16 Dec 2022.

    16 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100585108 was registered on 27 May 2022.

    27 May 2022

Frequently asked questions

  • Shantinath Motors Private Limited was incorporated on 05 Oct 2005.

  • The authorized share capital of Shantinath Motors Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Shantinath Motors Private Limited.

    • Praveen Sukhraj Singhvi
    • Sandeep Tribhuvan Singhvi
    • Mridul Ramesh Singhvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shantinath Motors Private Limited is Maitri Bhavanplot No 18 Sector 8 Gandhidham India, Kutch, Gujarat, 370201.

  • The corporate identification number (CIN) of Shantinath Motors Private Limited is U51100GJ2005PTC046863 and the company number is 046863 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shantinath Motors Private Limited is https://www.friendsgroup.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shantinath Motors Private Limited has risen by 17.28%.

  • As Per 2023 financial reports, 100 employees are currently employed by Shantinath Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shantinath Motors Private Limited has experienced an upsurge of 0.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shantinath Motors Private Limited amount to ₹ 76.50 Cr.

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

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