Virtus Motors Private Limited

Founded in 2016 and headquartered in Maharashtra, India.

2016 | Thane, Maharashtra (India) | Active
Last Updated: January 03, 2025

Virtus Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 8 Year, 6 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 six months 22 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.


Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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.

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

Board Members (4)

Name Designation Appointment Date Status
Vivek Shettigar Country flag representing In Director 14-Jul-2016 Current
Tushaar Bajaj Country flag representing In Director 14-Jul-2016 Current
Rishi Gupta Country flag representing In Director 10-Aug-2022 Current
Siddhartha Gupta Country flag representing In Additional Director 30-Mar-2024 Current

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%.

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
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.

Graph showing employee growth trends

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.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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 10 months 5 days .

    30 Mar 2024

  • 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 5 months .

    10 Aug 2022

  • 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 6 months .

    14 Jul 2016

  • 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 6 months .

    14 Jul 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Virtus Motors Private Limited was incorporated on 14 Jul 2016.

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

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

    • Tushaar Bajaj
    • Vivek Obi Shettigar
    • Rishi Raaj Gupta
    • Siddhartha Kumar Gupta
  • 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.

  • 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).

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

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

  • 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%.

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

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