Kalyani Commercials Limited is a non-govt company, incorporated on July 8, 1985. The company’s registered office is situated at GT Karnal Road, New Delhi. The company was registered as a Non-Deposit Accepting Non-Banking Finance Company (NBFC) with a Certificate of Registration from the Reserve Bank of India (RBI). The company made a strategic decision to apply for the surrender of its NBFC status on June 28, 2019. The RBI subsequently approved the company’s application for surrender, effective from May 22, 2023. As a result, the company ceased its operations as an NBFC and is no longer involved in the acceptance of deposits. Instead, it currently conducts its primary business activities as a going concern, which include trading in commercial vehicles and operating a petroleum dealership with Bharat Petroleum Corporation Limited (BPCL).
The company is actively engaged in the trading of Heavy Commercial Vehicles, Three Wheelers, and provides servicing for these vehicles as an authorized dealership of TATA and Bajaj. This aspect of the company's operations contributes significantly to their overall revenue stream and market presence. Moreover, the company has also ventured into the petroleum product sector and secured a dealership with Bharat Petroleum Corporation. This strategic move enables them to distribute and market petroleum products, further diversifying their business portfolio. With a focus on growth and profitability, the company aims to leverage its expertise in the automotive sector and its association with reputable brands like TATA, Bajaj, and Bharat Petroleum Corporation to tap into the expanding market opportunities in India.
Furthermore, the company is committed to expanding its business operations to reach new markets and customer segments. By exploring untapped opportunities, they aim to widen their customer base and achieve sustainable growth. As the company continues to prioritize customer service and quality, it seeks to enhance its offerings in the automobile and petroleum sectors through innovation and investment in the near future. Additionally, the company's commitment to operational excellence and cost-cutting initiatives is expected to yield positive outcomes in optimizing resources and driving financial efficiency.
Business area of the company
The company is engaged in business of trading of automobiles, motorcars, lorries, buses, vans, motorcycles, cycle-cars, motor, scooters carriages and vehicles of all descriptions, whether propelled or assisted by means of petrol, diesel, spirit, steam, gas and other components and spare-part of such vehicles of Heavy Commercial Vehicles, Three Wheelers and servicing (Dealership of Bajaj and TATA), Petroleum Product Dealership.