Amar Cars Private Limited

Authorized dealer of MSIL passenger vehicles, offering various car models in Gujarat.

2005 | Vadodara, Gujarat (India) | Active
Last Updated: June 24, 2024

Amar Cars Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.62 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 136.25 Cr
  • Satisfied Charges ₹ 9.98 Cr
  • Revenue Growth 23.89%
  • Profit Growth -12.42%
  • Ebitda 16.08%
  • Net Worth 5.63%
  • Total Assets 26.67%

About Amar Cars

Amar Cars Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 March 2005 and has a history of 19 years and 11 months. Its registered office is in Vadodara, 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 6.00 M and a paid-up capital of Rs 5.62 M.

The company currently has active open charges totaling ₹136.25 Cr. The company has closed loans amounting to ₹9.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amarkumar Thakkar and Pareshkumar Thakkar serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    amarcars.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50100GJ2005PTC045635

  • Company No.

    045635

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2005

  • 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 Amar Cars Private Limited offer?

Amar Cars Private Limited offers a wide range of products and services, including Four Wheeler Repair and Maintenance Services, Car Repair Services, Sales Support Services, Car Dealers, Cars, Maruti Car, Motorcycles and Cars.

Who are the key members and board of directors at Amar Cars?

Board Members (2)

Name Designation Appointment Date Status
Amarkumar Thakkar Country flag representing In Director 04-Mar-2005 Current
Pareshkumar Thakkar Country flag representing In Director 04-Mar-2005 Current

Financial Performance of Amar Cars.

Amar Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.89% increase. The company also saw a substantial fall in profitability, with a 12.42% decrease in profit. The company's net worth moved up by a moderate rise of 5.63%.

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
23.89%
Revenue from Operations
24.69%
Total Assets
26.67%
Profit or Loss
-12.42%
Net Worth
5.63%
EBITDA
16.08%

What is the Ownership and Shareholding Structure of Amar Cars?

In 2023, Amar Cars had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,362.50 M

Satisfied Charges

₹99.75 M

Charges Breakdown by Lending Institutions

  • Others : 92.03 Cr
  • State Bank Of India : 44.22 Cr

Latest Charge Details

Date Lender Amount Status
04 Oct 2021 Others ₹18.75 Cr Open
30 Jul 2019 Others ₹25.47 Cr Open
01 Aug 2018 Others ₹15.00 Cr Open
04 Jan 2018 Others ₹32.81 Cr Open
28 Jun 2007 State Bank Of India ₹44.22 Cr Open

How Many Employees Work at Amar Cars?

Amar Cars has a workforce of 770 employees as of Apr 09, 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 Amar Cars, 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 Amar Cars'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 Amar Cars

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 150.00 M registered on 01 Aug 2018 with Charge ID 100198068 was modified on 24 Apr 2023.

    24 Apr 2023

  • Balance Sheet

    Amar Cars 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 amounted to Rs. 187.50 M with Charge ID 100487296 was registered on 04 Oct 2021.

    04 Oct 2021

  • Charges

    A charge with Others amounted to Rs. 254.70 M with Charge ID 100280635 was registered on 30 Jul 2019.

    30 Jul 2019

  • Charges

    A charge with Others of Rs. 328.10 M registered on 04 Jan 2018 with Charge ID 100153718 was modified on 30 Jul 2019.

    30 Jul 2019

Frequently asked questions

  • Amar Cars Private Limited was incorporated on 04 Mar 2005.

  • The authorized share capital of Amar Cars Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.62 M.

  • Currently 2 directors are associated with Amar Cars Private Limited.

    • Amarkumar Mohanlal Thakkar
    • Pareshkumar Mohanlal Thakkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Amar Cars Private Limited is Near Bhailal Amin Hospital Refinery Road Gorwa, Vadodara, Gujarat, India, 390016.

  • The corporate identification number (CIN) of Amar Cars Private Limited is U50100GJ2005PTC045635 and the company number is 045635 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Amar Cars Private Limited is https://www.amarcars.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Amar Cars Private Limited has risen by 23.89%.

  • As Per 2023 financial reports, 770 employees are currently employed by Amar Cars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Amar Cars Private Limited has experienced an upsurge of 5.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Amar Cars Private Limited amount to ₹ 136.25 Cr.

  • The most recent Balance Sheet for Amar Cars Private Limited was filed with the ROC on 31 Mar 2023.