Southcity Motors Private Limited

Auto trading, servicing, retail sales of accessories and parts, finance and insurance arrangements.

1998 | Delhi (India) | Active
Last Updated:

Southcity Motors Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 13.10 Cr
  • Company Age 27 Year, 1 Month
  • 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 27 years and one month. 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

  • 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

Automotive
Company report

Southcity Motors Private Limited

Explore comprehensive data for Southcity Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vikrant Country flag representing In Company Secretary01-Jun-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Manish Goyal Country flag representing In Director 28-Mar-2019Current
Ajay Bahl Country flag representing In Director 28-Aug-2019Current

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%.

Southcity Motors revenue growth over time
Southcity Motors 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
6313.61%
Revenue from Operations
Total Assets
395.69%
Profit or Loss
35838.04%
Net Worth
385.85%
EBITDA
4374.05%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
28 Dec 2010Kotak Mahindra Bank Limited₹1.60 CrSatisfied
27 Dec 2010Kotak Mahindra Prime Limited₹10.00 CrSatisfied
23 Mar 2006Ford India Limited₹25.00 CrSatisfied
07 Dec 2004Ford Credit Kotak Mahindra Limited₹14.00 CrSatisfied
20 Sep 2003Ford Credit Kotak Mahindra Limited₹11.00 CrSatisfied

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.

Employee growth trends for Southcity Motors Private Limited

Deals i

Graph showing company valuation over time

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

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 Southcity Motors

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Ajay Bahl was appointed as a Director was appointed as a Director on 28 Aug 2019 & has been associated with this company since 5 years 7 months .

  • Director Appointment

    Vikrant was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2019 & has been associated with this company since 5 years 10 months .

  • Director Appointment

    Manish Kumar Goyal was appointed as a Director was appointed as a Director on 28 Mar 2019 & has been associated with this company since 6 years 17 days .

  • Charges

    A charge registered on 28 Dec 2010 via Charge ID 10263132 with Kotak Mahindra Bank Limited was fully satisfied on 14 Jun 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Southcity Motors Private Limited?

    Southcity Motors Private Limited was incorporated on 09 Mar 1998.

  • What is authorized share capital and paid-up capital of Southcity Motors Private Limited?

    The authorized share capital of Southcity Motors Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.10 Cr.

  • Who are the current board members & directors of Southcity Motors Private Limited?

    Currently 3 directors are associated with Southcity Motors Private Limited.

    • Manish Kumar Goyal
    • Ajay Bahl
    • Vikrant

  • What is the registered address of Southcity Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Southcity Motors Private Limited is 2Nd Floor F-7 Block B-1 Mohan Cooperative Industrial Estate, Mat Hura Road India, New Delhi, 110044.

  • What is the corporate identification number (CIN) and company number of Southcity Motors Private Limited?

    The corporate identification number (CIN) of Southcity Motors Private Limited is U25209DL1998PTC092635 and the company number is 092635 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Southcity Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Southcity Motors Private Limited has risen by 6313.61%.

  • What change has been observed in the net worth of Southcity Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Southcity Motors Private Limited has experienced an upsurge of 385.85%.

  • When was the last Balance Sheet of Southcity Motors Private Limited filed with the ROC?

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

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