Southcity Motors Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.10 Cr
- Company Age 26 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 63.20 Cr
- Revenue Growth 6313.61%
- Profit Growth 35838.04%
- Ebitda 4374.05%
- Net Worth 385.85%
- Total Assets 395.69%
About Southcity Motors
Southcity Motors Private Limited (SMPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 1998 and has a history of 26 years and 11 months. Its registered office is in Delhi, India.
The Corporate was formerly known as Million Miles 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 15.00 Cr and a paid-up capital of Rs 13.10 Cr.
The company has closed loans amounting to ₹63.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Southcity Motors Private Limited India is Vikrant as COMPANY SECRETARY. Manish Goyal and Ajay Bahl serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U25209DL1998PTC092635
- Company No.
092635
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Mar 1998
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Southcity Motors?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vikrant ![]() | Company Secretary | 01-Jun-2019 | Current |
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Manish Goyal ![]() | Director | 28-Mar-2019 | Current |
Ajay Bahl ![]() | Director | 28-Aug-2019 | Current |
Financial Performance of Southcity Motors.
Southcity Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 6313.61% increase. The company also saw a substantial improvement in profitability, with a 35838.04% increase in profit. The company's net worth Soared by an impressive increase of 385.85%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Southcity Motors?
In 2023, Southcity Motors had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹0
₹63.20 Cr
Charges Breakdown by Lending Institutions
- Ford India Limited : 25.00 Cr
- Ford Credit Kotak Mahindra Limited : 25.00 Cr
- Kotak Mahindra Prime Limited : 10.00 Cr
- Kotak Mahindra Bank Limited : 1.60 Cr
- State Bank Of India : 1.60 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
28 Dec 2010 | Kotak Mahindra Bank Limited | ₹1.60 Cr | Satisfied |
27 Dec 2010 | Kotak Mahindra Prime Limited | ₹10.00 Cr | Satisfied |
23 Mar 2006 | Ford India Limited | ₹25.00 Cr | Satisfied |
07 Dec 2004 | Ford Credit Kotak Mahindra Limited | ₹14.00 Cr | Satisfied |
20 Sep 2003 | Ford Credit Kotak Mahindra Limited | ₹11.00 Cr | Satisfied |
How Many Employees Work at Southcity Motors?
Unlock and access historical data on people associated with Southcity Motors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
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Deals i
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Gain comprehensive insights into the Deals and Valuation data of Southcity 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 Southcity Motors's trajectory.
Rating
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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
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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.