Asset Cars Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 6.66 Cr
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 69.12 Cr
- Satisfied Charges ₹ 63.03 Cr
- Revenue Growth 32.61%
- Profit Growth -6.43%
- Ebitda -1.37%
- Net Worth 9.10%
- Total Assets 17.18%
About Asset Cars
Asset Cars Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 July 2011 and has a history of 13 years and six months. Its registered office is in Mumbai, 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 8.00 Cr and a paid-up capital of Rs 6.66 Cr.
The company currently has active open charges totaling ₹69.12 Cr. The company has closed loans amounting to ₹63.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U50200MH2011PTC231192
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Company No.
231192
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Jul 2011
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Asset Cars?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Modi
|
Managing Director | 20-Dec-2014 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vikram Modi
|
Director | 20-Dec-2014 | Current |
|
Swapna Shelar
|
Director | 01-Dec-2022 | Current |
Financial Performance of Asset Cars.
Asset Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.61% increase. The company also saw a slight decrease in profitability, with a 6.43% decrease in profit. The company's net worth moved up by a moderate rise of 9.1%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Asset Cars?
In 2023, Asset 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.
Related Corporates (Common Directorship)
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Vcm Agencies Private LimitedVikram Modi, Vivek Modi and 1 more are mutual person
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Modi Car Agencies Private LimitedVikram Modi, Vivek Modi and 1 more are mutual person
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Vcm Motors Agencies Private Limited
Vikram Modi, Vivek Modi and 1 more are mutual person
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Acumen Cars Private LimitedVikram Modi, Vivek Modi and 1 more are mutual person
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Sanskruti Cars Private Limited
Vikram Modi and Vivek Modi are mutual person
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Viva Motors Commercial Private Limited
Vikram Modi, Vivek Modi and 1 more are mutual person
Charges (Loans)
₹69.12 Cr
₹63.03 Cr
Charges Breakdown by Lending Institutions
- Others : 25.00 Cr
- State Bank Of India : 15.00 Cr
- Axis Bank Limited : 14.46 Cr
- Bassein Catholic Co-Operative Bank Limited : 10.00 Cr
- Yes Bank Limited : 4.66 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2024 | Others | ₹0.03 M | Open |
| 28 Dec 2023 | Others | ₹5.00 Cr | Open |
| 30 Nov 2023 | Others | ₹10.00 Cr | Open |
| 28 Aug 2023 | State Bank Of India | ₹15.00 Cr | Open |
| 26 Jun 2023 | Axis Bank Limited | ₹14.46 Cr | Open |
How Many Employees Work at Asset Cars?
Asset Cars has a workforce of 5 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asset 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 Asset Cars's trajectory.
Rating
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
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.
