Virtus Motors Private Limited

Designs and manufactures electric vehicles and offers related services.

2016 | Thane, Maharashtra (India) | Active
Last Updated:

Virtus Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 10.01%
  • Profit Growth 44.99%
  • Ebitda 502.96%
  • Net Worth 139.70%
  • Total Assets 24.18%

About Virtus Motors

Virtus Motors Private Limited (VMPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 July 2016 (Eight years and seven months 29 days old ). Its registered office is in Thane, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

Tushaar Bajaj, Vivek Shettigar, Rishi Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC283663

  • Company No.

    283663

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Virtus Motors Private Limited offer?

Virtus Motors Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Electric Vehicle Battery, E Vehicles, Electric Two Wheelers, Parts And Kits.

Company report

Virtus Motors Private Limited

Explore comprehensive data for Virtus Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Vivek Shettigar Country flag representing In Director 14-Jul-2016Current
Tushaar Bajaj Country flag representing In Director 14-Jul-2016Current
Rishi Gupta Country flag representing In Director 10-Aug-2022Current
Siddhartha Gupta Country flag representing In Additional Director 30-Mar-2024Current

Financial Performance of Virtus Motors.

Virtus Motors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.01% increase. The company also saw a substantial improvement in profitability, with a 44.99% increase in profit. The company's net worth Soared by an impressive increase of 139.7%.

Virtus Motors revenue growth over time
Virtus Motors 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
10.01%
Revenue from Operations
13.17%
Total Assets
24.18%
Profit or Loss
44.99%
Net Worth
139.70%
EBITDA
502.96%

What is the Ownership and Shareholding Structure of Virtus Motors?

Unlock access to Virtus Motors's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Virtus Motors?

Unlock and access historical data on people associated with Virtus Motors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Virtus Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virtus 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 Virtus 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 Virtus Motors

Recent activity within the organization

  • Annual General Meeting

    Virtus Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Virtus Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Siddhartha Kumar Gupta was appointed as a Additional Director was appointed as a Additional Director on 30 Mar 2024 & has been associated with this company since 11 months 13 days .

  • Director Appointment

    Rishi Raaj Gupta was appointed as a Director was appointed as a Director on 10 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Tushaar Bajaj was appointed as a Director was appointed as a Director on 14 Jul 2016 & has been associated with this company since 8 years 7 months .

  • Director Appointment

    Vivek Obi Shettigar was appointed as a Director was appointed as a Director on 14 Jul 2016 & has been associated with this company since 8 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Virtus Motors Private Limited?

    Virtus Motors Private Limited was incorporated on 14 Jul 2016.

  • What is authorized share capital and paid-up capital of Virtus Motors Private Limited?

    The authorized share capital of Virtus Motors Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.12 M.

  • Who are the current board members & directors of Virtus Motors Private Limited?

    Currently 4 directors are associated with Virtus Motors Private Limited.

    • Tushaar Bajaj
    • Vivek Obi Shettigar
    • Rishi Raaj Gupta
    • Siddhartha Kumar Gupta
  • What is the registered address of Virtus Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Virtus Motors Private Limited is Rm-003 Grd Flr Ravi Bldg-A1Lokgram Colonynr Kalyan Janta Sahakari Bank Nr Lok Public School East India, Kalyan East, Maharashtra, 421306.

  • What is the corporate identification number (CIN) and company number of Virtus Motors Private Limited?

    The corporate identification number (CIN) of Virtus Motors Private Limited is U74999MH2016PTC283663 and the company number is 283663 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Virtus Motors Private Limited?

    The Official website of Virtus Motors Private Limited is https://www.virtusmotors.in

  • What has been the recent revenue trend for Virtus Motors Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Virtus Motors Private Limited has risen by 10.01%.

  • What change has been observed in the net worth of Virtus Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Virtus Motors Private Limited has experienced an upsurge of 139.70%.

  • When was the last Balance Sheet of Virtus Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Virtus Motors Private Limited was filed with the ROC on 31 Mar 2024.

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