Shodha Motors Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 24 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 53.05 Cr
- Satisfied Charges ₹ 48.35 Cr
- Revenue Growth 32.00%
- Profit Growth -7.23%
- Ebitda -22.12%
- Net Worth 24.87%
- Total Assets 50.39%
About Shodha Motors
Shodha Motors Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 July 2000 and has a history of 24 years and six months. Its registered office is in Dharwad, 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹53.05 Cr. The company has closed loans amounting to ₹48.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Meghana Deshpande, Prasad Deshpande, Prakash Nayak, and Three other members serve as directors at the Company.
Company Details
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Location
Dharwad, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U63090KA2000PTC027438
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Company No.
027438
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Jul 2000
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Date of AGM
26 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Shodha Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasad Deshpande
|
Managing Director | 10-Jul-2000 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Meghana Deshpande
|
Director | 10-Jul-2000 | Current |
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Prakash Nayak
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Director | 10-Jul-2000 | Current |
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Kalpana Nayak
|
Director | 10-Jul-2000 | Current |
|
Karthik Nayak
|
Director | 06-Jun-2014 | Current |
|
Dhruv Deshpande
|
Director | Current |
Financial Performance of Shodha Motors.
Shodha Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32% increase. The company also saw a slight decrease in profitability, with a 7.23% decrease in profit. The company's net worth Soared by an impressive increase of 24.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Shodha Motors?
In 2023, Shodha Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Viva Magna Wheelers Private LimitedMeghana Deshpande and Prasad Deshpande are mutual person
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Prn Motors LlpKalpana Nayak and Karthik Nayak are mutual person
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Prn Industries Private LimitedKarthik Nayak is a mutual person
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Dhruvdesh Motors Private LimitedMeghana Deshpande and Prasad Deshpande are mutual person
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Prakalpa Sanika Infotech Private LimitedKarthik Nayak is a mutual person
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Chariot World Tours LimitedKarthik Nayak is a mutual person
Charges (Loans)
₹53.05 Cr
₹48.35 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 31.00 Cr
- Hdfc Bank Limited : 22.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2013 | State Bank Of India | ₹31.00 Cr | Open |
| 22 Mar 2010 | Hdfc Bank Limited | ₹22.05 Cr | Open |
| 27 Oct 2020 | Others | ₹2.60 Cr | Satisfied |
| 14 Jan 2019 | Others | ₹1.27 Cr | Satisfied |
| 30 Dec 2017 | Hdfc Bank Limited | ₹20.05 Cr | Satisfied |
How Many Employees Work at Shodha Motors?
Shodha Motors has a workforce of 359 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shodha 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 Shodha Motors'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.