Whitefield Motors Private Limited

Auto dealership offering Honda car models, financing, insurance, and service options since 1983.

1983 | Bangaluru, Karnataka (India) | Active
Last Updated: January 13, 2025

Whitefield Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.91 M
  • Company Age 41 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 55.75 Cr
  • Satisfied Charges ₹ 4.39 M
  • Revenue Growth 29.28%
  • Profit Growth 90.95%
  • Ebitda -3.35%
  • Net Worth 9.71%
  • Total Assets 20.61%

About Whitefield Motors

Whitefield Motors Private Limited (WMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 1983 and has a history of 41 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Frp Fibreglas Reinforced Plastics P Ltd. 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 Cr and a paid-up capital of Rs 4.91 M.

The company currently has active open charges totaling ₹55.75 Cr. The company has closed loans amounting to ₹4.39 M, as per Ministry of Corporate Affairs (MCA) records.

Mini Suri, Aryan Bahadur, and Armaan Bahadur serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50101KA1983PTC005334

  • Company No.

    005334

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Whitefield Motors Private Limited offer?

Whitefield Motors Private Limited offers a wide range of products and services, including Cars, Honda Car, Motor Cars.

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

Executive Team (1)

Name Designation Appointment Date Status
Mini Suri Country flag representing In Managing Director 26-Jun-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Aryan Bahadur Country flag representing In Director 14-Jan-2022 Current
Armaan Bahadur Country flag representing In Director 08-Jul-2022 Current

Financial Performance of Whitefield Motors.

Whitefield Motors Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 29.28% increase. The company also saw a substantial improvement in profitability, with a 90.95% increase in profit. The company's net worth moved up by a moderate rise of 9.71%.

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
29.28%
Revenue from Operations
30.16%
Total Assets
20.61%
Profit or Loss
90.95%
Net Worth
9.71%
EBITDA
-3.35%

What is the Ownership and Shareholding Structure of Whitefield Motors?

In 2024, Whitefield Motors had a promoter holding of 71.98% and a public holding of 28.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.75 Cr

Satisfied Charges

₹0.44 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Prime Limited : 53.75 Cr
  • Others : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
20 Jun 2021 Others ₹2.00 Cr Open
21 Feb 2014 Kotak Mahindra Prime Limited ₹10.00 Cr Open
29 Jan 2010 Kotak Mahindra Prime Limited ₹2.00 Cr Open
21 Apr 2007 Kotak Mahindra Prime Limited ₹41.75 Cr Open
01 Feb 2011 The Ratnakar Bank Limited ₹1.46 M Satisfied

How Many Employees Work at Whitefield Motors?

Whitefield Motors has a workforce of 184 employees as of Jan 13, 2025. 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 Whitefield 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 Whitefield 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 Whitefield Motors

Recent activity within the organization

  • Annual General Meeting

    Whitefield 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

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

    31 Mar 2024

  • Director Appointment

    Armaan Bahadur was appointed as a Director was appointed as a Director on 08 Jul 2022 & has been associated with this company since 2 years 6 months .

    08 Jul 2022

  • Director Appointment

    Aryan Bahadur was appointed as a Director was appointed as a Director on 14 Jan 2022 & has been associated with this company since 3 years 19 days .

    14 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100461613 was registered on 20 Jun 2021.

    20 Jun 2021

  • Director Appointment

    Mini Suri was appointed as a Managing Director was appointed as a Managing Director on 26 Jun 2019 & has been associated with this company since 5 years 7 months .

    26 Jun 2019

Frequently asked questions

  • Whitefield Motors Private Limited was incorporated on 31 May 1983.

  • The authorized share capital of Whitefield Motors Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.91 M.

  • Currently 3 directors are associated with Whitefield Motors Private Limited.

    • Mini Suri
    • Aryan Bahadur
    • Armaan Bahadur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Whitefield Motors Private Limited is 116, B Narayanapurawhitefield Road India, Bangalore, Karnataka, 560016.

  • The corporate identification number (CIN) of Whitefield Motors Private Limited is U50101KA1983PTC005334 and the company number is 005334 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Whitefield Motors Private Limited is https://www.whitefieldhonda.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Whitefield Motors Private Limited has risen by 29.28%.

  • As Per 2024 financial reports, 184 employees are currently employed by Whitefield Motors Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Whitefield Motors Private Limited has experienced an upsurge of 9.71%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Whitefield Motors Private Limited amount to ₹ 55.75 Cr.

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

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