Sitla Automobiles Private Limited

Authorized dealer of Honda, trading motor vehicles, parts and accessories.

2015 | Korba, Chattisgarh (India) | Active
Last Updated: December 03, 2024

Sitla Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.48 Cr
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.55 Cr
  • Satisfied Charges ₹ 4.30 Cr
  • Revenue Growth 11.13%
  • Profit Growth 93.53%
  • Ebitda 106.29%
  • Net Worth 26.44%
  • Total Assets -24.53%

About Sitla Automobiles

Sitla Automobiles Private Limited (SAPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 April 2015 (Nine years and nine months 16 days old ). Its registered office is in Korba, Chattisgarh, 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 1.48 Cr.

The company currently has active open charges totaling ₹4.55 Cr. The company has closed loans amounting to ₹4.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gourav Modi and Sanjay Modi serve as directors at the Company.

Company Details

  • Location

    Korba, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50404CT2015PTC001723

  • Company No.

    001723

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Automotive

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

Board Members (2)

NameDesignationAppointment DateStatus
Gourav Modi Country flag representing In Director 17-Apr-2015Current
Sanjay Modi Country flag representing In Director 17-Apr-2015Current

Financial Performance of Sitla Automobiles.

Sitla Automobiles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.13% increase. The company also saw a substantial improvement in profitability, with a 93.53% increase in profit. The company's net worth Soared by an impressive increase of 26.44%.

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
11.13%
Revenue from Operations
11.35%
Total Assets
-24.53%
Profit or Loss
93.53%
Net Worth
26.44%
EBITDA
106.29%

What is the Ownership and Shareholding Structure of Sitla Automobiles?

In 2022, Sitla Automobiles had a promoter holding of 83.11% and a public holding of 16.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.55 Cr

Satisfied Charges

₹4.30 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.55 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2021Axis Bank Limited₹4.55 CrOpen
25 May 2015State Bank Of India₹4.30 CrSatisfied

How Many Employees Work at Sitla Automobiles?

Sitla Automobiles has a workforce of 47 employees as of Apr 01, 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 Sitla 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 Sitla 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 Sitla Automobiles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 25 May 2015 via Charge ID 10575516 with State Bank Of India was fully satisfied on 11 Jun 2021.

    11 Jun 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.55 Cr with Charge ID 100431905 was registered on 24 Mar 2021.

    24 Mar 2021

  • Charges

    A charge with State Bank Of India of Rs. 4.30 Cr registered on 25 May 2015 with Charge ID 10575516 was modified on 01 Oct 2020.

    01 Oct 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.30 Cr with Charge ID 10575516 was registered on 25 May 2015.

    25 May 2015

Frequently asked questions

  • Sitla Automobiles Private Limited was incorporated on 17 Apr 2015.

  • The authorized share capital of Sitla Automobiles Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.48 Cr.

  • Currently 2 directors are associated with Sitla Automobiles Private Limited.

    • Gourav Modi
    • Sanjay Kumar Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sitla Automobiles Private Limited is C/O Ashok And Company Champa Road Sitamani, India, Korba, Chattisgarh, 495682.

  • The corporate identification number (CIN) of Sitla Automobiles Private Limited is U50404CT2015PTC001723 and the company number is 001723 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sitla Automobiles Private Limited has risen by 11.13%.

  • As Per 2022 financial reports, 47 employees are currently employed by Sitla Automobiles Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sitla Automobiles Private Limited has experienced an upsurge of 26.44%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sitla Automobiles Private Limited amount to ₹ 4.55 Cr.

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