Srivaru Motors Private Limited

Designs and manufactures fuel-free vehicles with brand name 'Prana' in multiple locations in India.

2018 | Palladam, Tamil Nadu (India) | Active
Last Updated: July 30, 2024

Srivaru Motors Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.68 M
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.97 M
  • Revenue Growth -47.66%
  • Profit Growth -85.36%
  • Ebitda -104.04%
  • Net Worth -646.78%
  • Total Assets -23.43%

About Srivaru Motors

Srivaru Motors Private Limited (SMPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 08 March 2018 (Six years and 11 months 11 days old ). Its registered office is in Palladam, Tamil Nadu, 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 3.50 M and a paid-up capital of Rs 2.68 M.

The company currently has active open charges totaling ₹0.97 M.

Chellappan Ramasamy, Pakkirisamy Rajamanickam, Krishnan Selvaraj, and One other member serve as directors at the Company.

Company Details

  • Location

    Palladam, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    srivarumotors.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34103TZ2018PTC030131

  • Company No.

    030131

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 2018

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Automotive

What products or services does Srivaru Motors Private Limited offer?

Srivaru Motors Private Limited offers a wide range of products and services, including E Vehicles, Electric Two Wheelers, Parts And Kits.

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

Executive Team (1)

Name Designation Appointment Date Status
Mohanraj Ramasamy Country flag representing In Managing Director 14-Mar-2018 Current

Board Members (3)

Name Designation Appointment Date Status
Krishnan Selvaraj Country flag representing In Director 14-Mar-2018 Current
Chellappan Ramasamy Country flag representing In Director 12-Oct-2019 Current
Pakkirisamy Rajamanickam Country flag representing Sg Director 12-Oct-2019 Current

Financial Performance of Srivaru Motors.

Srivaru Motors Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.66% decrease. The company also saw a substantial fall in profitability, with a 85.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 646.78%.

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
-47.66%
Revenue from Operations
-50.47%
Total Assets
-23.43%
Profit or Loss
-85.36%
Net Worth
-646.78%
EBITDA
-104.04%

What is the Ownership and Shareholding Structure of Srivaru Motors?

In 2023, Srivaru Motors had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.97 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.08 Cr
  • City Union Bank Limited : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
08 Apr 2024 The Hongkong And Shanghai Banking Corporation Limited ₹0.77 M Open
04 Jun 2021 City Union Bank Limited ₹0.20 M Open

How Many Employees Work at Srivaru Motors?

Srivaru Motors has a workforce of 31 employees as of Mar 28, 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 Srivaru 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 Srivaru 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 Srivaru Motors

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited of Rs. 0.20 M registered on 04 Jun 2021 with Charge ID 100449801 was modified on 27 May 2024.

    27 May 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.77 M with Charge ID 100916118 was registered on 08 Apr 2024.

    08 Apr 2024

  • Annual General Meeting

    Srivaru Motors Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.20 M with Charge ID 100449801 was registered on 04 Jun 2021.

    04 Jun 2021

  • Director Appointment

    Chellappan Gounder Ramasamy was appointed as a Director was appointed as a Director on 12 Oct 2019 & has been associated with this company since 5 years 4 months .

    12 Oct 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Srivaru Motors Private Limited was incorporated on 08 Mar 2018.

  • The authorized share capital of Srivaru Motors Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.68 M.

  • Currently 4 directors are associated with Srivaru Motors Private Limited.

    • Chellappan Gounder Ramasamy
    • Pakkirisamy Rajamanickam
    • Krishnan Selvaraj
    • Mohanraj Ramasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Srivaru Motors Private Limited is Sf.No.224/2 Naicken Thottam, Kannampalayam Post Sulur Via Trichy Main RoadSulur, Palladam, Tamil Nadu, India, 641402.

  • The corporate identification number (CIN) of Srivaru Motors Private Limited is U34103TZ2018PTC030131 and the company number is 030131 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Srivaru Motors Private Limited is https://www.srivarumotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Srivaru Motors Private Limited has fallen by -47.66%.

  • As Per 2023 financial reports, 31 employees are currently employed by Srivaru Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Srivaru Motors Private Limited has experienced an downturn of -646.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Srivaru Motors Private Limited amount to ₹ 0.97 M.

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

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