Unnati Vehicles Private Limited

Specializes in motor vehicle trading.

2011 | Nagpur, Maharashtra (India) | Active
Last Updated: June 17, 2024

Unnati Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 58.85 Cr
  • Satisfied Charges ₹ 19.25 Cr
  • Revenue Growth 4.88%
  • Profit Growth -44.80%
  • Ebitda -7.55%
  • Net Worth 23.67%
  • Total Assets 26.44%

About Unnati Vehicles

Unnati Vehicles Private Limited (UVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 December 2011 and has a history of 13 years and one month. Its registered office is in Nagpur, Maharashtra, 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 7.00 Cr and a paid-up capital of Rs 7.00 Cr.

The company currently has active open charges totaling ₹58.85 Cr. The company has closed loans amounting to ₹19.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Unnati Vehicles Private Limited India is Nilesh Sadavarte as CEO. Hitesh Parikh and Hemang Parikh serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110MH2011PTC224693

  • Company No.

    224693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Nilesh Sadavarte CEO 02-May-2023 Current

Board Members (2)

Name Designation Appointment Date Status
Hitesh Parikh Country flag representing In Director 08-Dec-2011 Current
Hemang Parikh Country flag representing In Director 08-Dec-2011 Current

Financial Performance of Unnati Vehicles.

Unnati Vehicles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.88% increase. The company also saw a substantial fall in profitability, with a 44.8% decrease in profit. The company's net worth Soared by an impressive increase of 23.67%.

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
4.88%
Revenue from Operations
4.93%
Total Assets
26.44%
Profit or Loss
-44.80%
Net Worth
23.67%
EBITDA
-7.55%

What is the Ownership and Shareholding Structure of Unnati Vehicles?

In 2023, Unnati Vehicles 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

₹58.85 Cr

Satisfied Charges

₹19.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 58.85 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2021 Others ₹7.50 M Open
01 Oct 2020 Others ₹1.64 Cr Open
29 Aug 2019 Others ₹10.00 Cr Open
19 Jun 2018 Others ₹6.00 Cr Open
28 Oct 2017 Others ₹1.05 Cr Open

How Many Employees Work at Unnati Vehicles?

Unnati Vehicles has a workforce of 621 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 Unnati 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 Unnati 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 Unnati Vehicles

Recent activity within the organization

  • Charges

    A charge registered on 03 Dec 2012 via Charge ID 10393785 with Kotak Mahindra Prime Limited was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge registered on 06 Nov 2012 via Charge ID 10389487 with Kotak Mahindra Prime Limited was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge registered on 06 Jul 2012 via Charge ID 10369746 with Kotak Mahindra Prime Limited was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge registered on 05 Apr 2012 via Charge ID 10346910 with Kotak Mahindra Prime Limited was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge registered on 27 Feb 2012 via Charge ID 10340221 with Kotak Mahindra Prime Limited was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

Frequently asked questions

  • Unnati Vehicles Private Limited was incorporated on 08 Dec 2011.

  • The authorized share capital of Unnati Vehicles Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 7.00 Cr.

  • Currently 3 directors are associated with Unnati Vehicles Private Limited.

    • Hitesh Dhirajlal Parikh
    • Nilesh Subhash Sadavarte
    • Hemang Ajitbhai Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Unnati Vehicles Private Limited is House No 2126 Near Midc T Point Amravati Road Wadi, Nagpur, Maharashtra, India, 440023.

  • The corporate identification number (CIN) of Unnati Vehicles Private Limited is U74110MH2011PTC224693 and the company number is 224693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Unnati Vehicles Private Limited is https://www.unnativehicles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Unnati Vehicles Private Limited has risen by 4.88%.

  • As Per 2023 financial reports, 621 employees are currently employed by Unnati Vehicles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Unnati Vehicles Private Limited has experienced an upsurge of 23.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Unnati Vehicles Private Limited amount to ₹ 58.85 Cr.

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

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