Spirited Motor Vehicles Limited

Newly incorporated company trading motor vehicles, parts, and accessories in Delhi.

2019 | Mathura Road, Delhi (India) | Active
Last Updated: July 18, 2024

Spirited Motor Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.82 Cr
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 220.00 Cr
  • Satisfied Charges ₹ 1.21 Cr
  • Revenue Growth 51.55%
  • Profit Growth 45.77%
  • Ebitda 1194.04%
  • Net Worth -25.20%
  • Total Assets -0.39%

About Spirited Motor Vehicles

Spirited Motor Vehicles Limited (SMVL) is a Public Limited Indian Non-Government Company incorporated in India on 25 April 2019 (Five years and nine months 30 days old ). Its registered office is in Mathura Road, Delhi, 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 12.00 Cr and a paid-up capital of Rs 8.82 Cr.

The company currently has active open charges totaling ₹220.00 Cr. The company has closed loans amounting to ₹1.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Tandon, Manish Goyal, Dhruv Mehra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mathura Road, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2019PLC349122

  • Company No.

    349122

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Apr 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Spirited Motor Vehicles?

Board Members (5)

NameDesignationAppointment DateStatus
Manish Goyal Country flag representing In Director 25-Apr-2019Current
Ashok Tandon Country flag representing In Director 25-Apr-2019Current
Dhruv Mehra Country flag representing In Director 25-Apr-2019Current
Sanjay Kalia Country flag representing In Director 15-Mar-2023Current
Madhu Bhaskar Country flag representing In Director 15-Mar-2023Current

Financial Performance of Spirited Motor Vehicles.

Spirited Motor Vehicles Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.55% increase. The company also saw a substantial improvement in profitability, with a 45.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.2%.

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
51.55%
Revenue from Operations
51.38%
Total Assets
-0.39%
Profit or Loss
45.77%
Net Worth
-25.20%
EBITDA
1194.04%

What is the Ownership and Shareholding Structure of Spirited Motor Vehicles?

In 2023, Spirited Motor Vehicles had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹220.00 Cr

Satisfied Charges

₹1.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 85.00 Cr
  • Hdfc Bank Limited : 85.00 Cr
  • Axis Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2023Others₹10.00 CrOpen
01 May 2023Hdfc Bank Limited₹85.00 CrOpen
22 Dec 2021Axis Bank Limited₹50.00 CrOpen
26 Nov 2021Others₹75.00 CrOpen
07 Dec 2021Yes Bank Limited₹1.21 CrSatisfied

How Many Employees Work at Spirited Motor Vehicles?

Spirited Motor Vehicles has a workforce of 639 employees as of Apr 02, 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 Spirited Motor Vehicles, 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 Spirited Motor Vehicles'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 Spirited Motor Vehicles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 26 Nov 2021 with Charge ID 100512605 was modified on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 85.00 Cr registered on 01 May 2023 with Charge ID 100719580 was modified on 20 Jan 2024.

    20 Jan 2024

  • Charges

    A charge registered on 07 Dec 2021 via Charge ID 100531507 with Yes Bank Limited was fully satisfied on 22 Nov 2023.

    22 Nov 2023

  • Annual General Meeting

    Spirited Motor Vehicles Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100747316 was registered on 27 Jun 2023.

    27 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 85.00 Cr with Charge ID 100719580 was registered on 01 May 2023.

    01 May 2023

Frequently asked questions

  • Spirited Motor Vehicles Limited was incorporated on 25 Apr 2019.

  • The authorized share capital of Spirited Motor Vehicles Limited is ₹ 12.00 Cr and paid-up capital is ₹ 8.82 Cr.

  • Currently 5 directors are associated with Spirited Motor Vehicles Limited.

    • Ashok Tandon
    • Manish Kumar Goyal
    • Dhruv Mehra
    • Sanjay Kalia
    • Madhu Bhaskar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spirited Motor Vehicles Limited is 2Nd Floor F- 7 Block B- 1 Mohan Cooperative Industrial Estate, Mathura Road, Delhi, India, 110044.

  • The corporate identification number (CIN) of Spirited Motor Vehicles Limited is U74999DL2019PLC349122 and the company number is 349122 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spirited Motor Vehicles Limited has risen by 51.55%.

  • As Per 2023 financial reports, 639 employees are currently employed by Spirited Motor Vehicles Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spirited Motor Vehicles Limited has experienced an downturn of -25.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spirited Motor Vehicles Limited amount to ₹ 220.00 Cr.

  • The most recent Balance Sheet for Spirited Motor Vehicles Limited was filed with the ROC on 31 Mar 2023.