Warivo Motor India Private Limited

Founded in 2018 and headquartered in Gujarat, India.

2018 | Surat, Gujarat (India) | Active
Last Updated: June 15, 2024

Warivo Motor India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.67 Cr
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.00 Cr
  • Satisfied Charges ₹ 14.00 Cr
  • Revenue Growth 0.81%
  • Profit Growth 4.61%
  • Ebitda 27.31%
  • Net Worth 42.75%
  • Total Assets 19.41%

About Warivo Motor India

Warivo Motor India Private Limited (WMIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 December 2018 (Six years and one month 13 days old ). Its registered office is in Surat, Gujarat, 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 2.00 Cr and a paid-up capital of Rs 1.67 Cr.

The company currently has active open charges totaling ₹18.00 Cr. The company has closed loans amounting to ₹14.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yuvraj, Bhavay Garg, Neetu Garg, and Three other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2018PTC142747

  • Company No.

    063366

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Warivo Motor India Private Limited offer?

Warivo Motor India Private Limited offers a wide range of products and services, including E Vehicles, Electric Two Wheelers, Parts And Kits, Wheel Chairs, Crutches and Walker, Mobility Scooter.

Who are the key members and board of directors at Warivo Motor India?

Board Members (6)

Name Designation Appointment Date Status
Yuvraj Country flag representing In Additional Director Current
Bhavay Garg Country flag representing In Additional Director Current
Neetu Garg Country flag representing In Director 13-Sep-2019 Current
Sanjay Kumar Country flag representing In Director 19-Dec-2018 Current
Ravi Kumar Country flag representing In Additional Director Current
Goel Satishkumar Country flag representing In Director 02-Dec-2021 Current

Financial Performance of Warivo Motor India.

Warivo Motor India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.81% increase. The company also saw a slight improvement in profitability, with a 4.61% increase in profit. The company's net worth Soared by an impressive increase of 42.75%.

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
0.81%
Revenue from Operations
0.02%
Total Assets
19.41%
Profit or Loss
4.61%
Net Worth
42.75%
EBITDA
27.31%

What is the Ownership and Shareholding Structure of Warivo Motor India?

In 2022, Warivo Motor India had a promoter holding of 55.00% and a public holding of 45.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.00 Cr

Satisfied Charges

₹14.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 18.00 Cr

Latest Charge Details

Date Lender Amount Status
05 Oct 2023 State Bank Of India ₹18.00 Cr Open
24 Feb 2022 Others ₹2.00 Cr Satisfied
18 Aug 2021 Others ₹12.00 Cr Satisfied

How Many Employees Work at Warivo Motor India?

Warivo Motor India has a workforce of 123 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 Warivo Motor India, 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 Warivo Motor India'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 Warivo Motor India

Recent activity within the organization

  • Charges

    A charge registered on 24 Feb 2022 via Charge ID 100580589 with Others was fully satisfied on 18 Oct 2023.

    18 Oct 2023

  • Charges

    A charge registered on 18 Aug 2021 via Charge ID 100473229 with Others was fully satisfied on 18 Oct 2023.

    18 Oct 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 18.00 Cr with Charge ID 100819384 was registered on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Warivo Motor India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 18 Aug 2021 with Charge ID 100473229 was modified on 06 Oct 2022.

    06 Oct 2022

Frequently asked questions

  • Warivo Motor India Private Limited was incorporated on 19 Dec 2018.

  • The authorized share capital of Warivo Motor India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.67 Cr.

  • Currently 6 directors are associated with Warivo Motor India Private Limited.

    • Yuvraj
    • Bhavay Garg
    • Neetu Garg
    • Sanjay Kumar
    • Ravi Kumar
    • Goel Rajeev Satishkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Warivo Motor India Private Limited is C-602 Om Icon, Vip Road VesuVesu, Surat, Gujarat, India, 395007.

  • The corporate identification number (CIN) of Warivo Motor India Private Limited is U74999GJ2018PTC142747 and the company number is 063366 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Warivo Motor India Private Limited is https://www.warivomotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Warivo Motor India Private Limited has risen by 0.81%.

  • As Per 2023 financial reports, 123 employees are currently employed by Warivo Motor India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Warivo Motor India Private Limited has experienced an upsurge of 42.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Warivo Motor India Private Limited amount to ₹ 18.00 Cr.

  • The most recent Balance Sheet for Warivo Motor India Private Limited was filed with the ROC on 31 Mar 2023.

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