V3 Automotives Private Limited

Authorized dealer for Hyundai cars, offering sales, service, and accessories, with 2 showrooms and a workshop.

2008 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

V3 Automotives Profile

Key Indicators

  • Authorised Capital ₹ 17.25 Cr
  • Paid Up Capital ₹ 16.25 Cr
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.61 Cr
  • Satisfied Charges ₹ 10.50 Cr
  • Revenue Growth 36.01%
  • Profit Growth 240.51%
  • Ebitda 51.19%
  • Net Worth 63.63%
  • Total Assets 20.26%

About V3 Automotives

V3 Automotives Private Limited (VAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 September 2008 and has a history of 16 years and five months. Its registered office is in Kanchipuram, 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 17.25 Cr and a paid-up capital of Rs 16.25 Cr.

The company currently has active open charges totaling ₹19.61 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Muthu Palaniappan and Palaniappan serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    v3hyundai.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29246TN2008PTC069319

  • Company No.

    069319

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at V3 Automotives?

Board Members (2)

NameDesignationAppointment DateStatus
Muthu Palaniappan Country flag representing In Director 29-Sep-2011Current
Palaniappan Country flag representing In Director 03-May-2021Current

Financial Performance of V3 Automotives.

V3 Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.01% increase. The company also saw a substantial improvement in profitability, with a 240.51% increase in profit. The company's net worth Soared by an impressive increase of 63.63%.

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
36.01%
Revenue from Operations
36.03%
Total Assets
20.26%
Profit or Loss
240.51%
Net Worth
63.63%
EBITDA
51.19%

What is the Ownership and Shareholding Structure of V3 Automotives?

In 2023, V3 Automotives 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

₹19.61 Cr

Satisfied Charges

₹10.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.95 Cr
  • Others : 4.50 Cr
  • Hdfc Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2020Hdfc Bank Limited₹1.63 MOpen
01 Sep 2020Axis Bank Limited₹1.50 CrOpen
25 Apr 2019Others₹4.50 CrOpen
09 Dec 2015Axis Bank Limited₹13.45 CrOpen
08 Jan 2010Hdfc Bank Limited₹10.00 CrSatisfied

How Many Employees Work at V3 Automotives?

V3 Automotives has a workforce of 235 employees as of Apr 01, 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 V3 Automotives, 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 V3 Automotives'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 V3 Automotives

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 4.50 Cr registered on 25 Apr 2019 with Charge ID 100262417 was modified on 20 May 2024.

    20 May 2024

  • Annual General Meeting

    V3 Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    V3 Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Palaniappan was appointed as a Director was appointed as a Director on 03 May 2021 & has been associated with this company since 3 years 9 months .

    03 May 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100412510 was registered on 06 Oct 2020.

    06 Oct 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100366631 was registered on 01 Sep 2020.

    01 Sep 2020

Frequently asked questions

  • V3 Automotives Private Limited was incorporated on 18 Sep 2008.

  • The authorized share capital of V3 Automotives Private Limited is ₹ 17.25 Cr and paid-up capital is ₹ 16.25 Cr.

  • Currently 2 directors are associated with V3 Automotives Private Limited.

    • Muthu Palaniappan
    • Palaniappan
  • As per Ministry of Corporate Affairs (Mca), the registered address of V3 Automotives Private Limited is No 1 Developed Plot Estate Omr Road, Rajiv Gandhi Salai India, Saidapet, Tamil Nadu, 600096.

  • The corporate identification number (CIN) of V3 Automotives Private Limited is U29246TN2008PTC069319 and the company number is 069319 as per Ministry of Corporate Affairs (MCA).

  • The Official website of V3 Automotives Private Limited is https://www.v3hyundai.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for V3 Automotives Private Limited has risen by 36.01%.

  • As Per 2023 financial reports, 235 employees are currently employed by V3 Automotives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of V3 Automotives Private Limited has experienced an upsurge of 63.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for V3 Automotives Private Limited amount to ₹ 19.61 Cr.

  • The most recent Balance Sheet for V3 Automotives Private Limited was filed with the ROC on 31 Mar 2023.

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