Ultimate Automobiles Private Limited

Authorized dealer of Hyundai vehicles and spare parts with showrooms and service centers in Chandigarh and Panchkula.

1998 | U T, Chandigarh (India) | Active
Last Updated: October 24, 2024

Ultimate Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.18 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.90 Cr
  • Satisfied Charges ₹ 4.95 Cr
  • Revenue Growth 14.30%
  • Profit Growth 28.02%
  • Ebitda 27.91%
  • Net Worth 7.99%
  • Total Assets 21.92%

About Ultimate Automobiles

Ultimate Automobiles Private Limited (UAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 1998 and has a history of 26 years and six months. Its registered office is in U T, Chandigarh.

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 1.00 Cr and a paid-up capital of Rs 5.18 M.

The company currently has active open charges totaling ₹24.90 Cr. The company has closed loans amounting to ₹4.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Geeta Talwar and Achhru Talwar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U34103CH1998PTC021708

  • Company No.

    021708

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Ultimate Automobiles Private Limited offer?

Ultimate Automobiles Private Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Searchlight, Residential Interior Designers, Living Room Interior, Interior Designers, Interior Decorators.

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

Board Members (2)

NameDesignationAppointment DateStatus
Geeta Talwar Country flag representing In Director 25-Aug-2004Current
Achhru Talwar Country flag representing In Director 12-Nov-2018Current

Financial Performance of Ultimate Automobiles.

Ultimate Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.3% increase. The company also saw a substantial improvement in profitability, with a 28.02% increase in profit. The company's net worth moved up by a moderate rise of 7.99%.

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
14.30%
Revenue from Operations
14.68%
Total Assets
21.92%
Profit or Loss
28.02%
Net Worth
7.99%
EBITDA
27.91%

What is the Ownership and Shareholding Structure of Ultimate Automobiles?

In 2023, Ultimate Automobiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.90 Cr

Satisfied Charges

₹4.95 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.90 Cr

Latest Charge Details

DateLenderAmountStatus
26 Nov 2008State Bank Of India₹24.90 CrOpen
08 May 2015State Bank Of India₹4.95 CrSatisfied

How Many Employees Work at Ultimate Automobiles?

Ultimate Automobiles has a workforce of 90 employees as of Apr 05, 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 Ultimate 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 Ultimate 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 Ultimate Automobiles

Recent activity within the organization

  • Annual General Meeting

    Ultimate 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

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

    31 Mar 2023

  • Director Appointment

    Achhru Ram Talwar was appointed as a Director was appointed as a Director on 12 Nov 2018 & has been associated with this company since 6 years 3 months .

    12 Nov 2018

  • Charges

    A charge with State Bank Of India of Rs. 24.90 Cr registered on 26 Nov 2008 with Charge ID 10133829 was modified on 31 Oct 2018.

    31 Oct 2018

  • Charges

    A charge registered on 08 May 2015 via Charge ID 10582301 with State Bank Of India was fully satisfied on 04 Mar 2016.

    04 Mar 2016

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.95 Cr with Charge ID 10582301 was registered on 08 May 2015.

    08 May 2015

Frequently asked questions

  • Ultimate Automobiles Private Limited was incorporated on 21 Aug 1998.

  • The authorized share capital of Ultimate Automobiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.18 M.

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

    • Geeta Talwar
    • Achhru Ram Talwar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ultimate Automobiles Private Limited is 154 155 Industrial Areaphase 1 India, U T, Chandigarh.

  • The corporate identification number (CIN) of Ultimate Automobiles Private Limited is U34103CH1998PTC021708 and the company number is 021708 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ultimate Automobiles Private Limited is https://www.ultimate.hyundaimotor.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ultimate Automobiles Private Limited has risen by 14.30%.

  • As Per 2023 financial reports, 90 employees are currently employed by Ultimate Automobiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ultimate Automobiles Private Limited has experienced an upsurge of 7.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ultimate Automobiles Private Limited amount to ₹ 24.90 Cr.

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

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