Cars24 Services Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 18.22 Cr
- Company Age 9 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 590.00 Cr
- Satisfied Charges ₹ 810.00 Cr
- Revenue Growth 113.79%
- Profit Growth -30.32%
- Ebitda -435.91%
- Net Worth 11.71%
- Total Assets 53.13%
About Cars24 Services
Cars24 Services Private Limited (CSPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 12 August 2015 (Nine years and five months 21 days old ). Its registered office is in Gurugram, Haryana, India.
The Company is engaged in the E-Commerce 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 20.00 Cr and a paid-up capital of Rs 18.22 Cr.
The company currently has active open charges totaling ₹590.00 Cr. The company has closed loans amounting to ₹810.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Cars24 Services Private Limited India is Jyoti Gautam as COMPANY SECRETARY. Ruchit Agarwal and Gajendra Jangid serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74999HR2015FTC056386
- Company No.
056386
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
12 Aug 2015
- Date of AGM
28 Oct 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Cars24 Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jyoti Gautam | Company Secretary | 26-Oct-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ruchit Agarwal  | Director | 04-Jul-2020 | Current |
| Gajendra Jangid | Director | 09-Dec-2022 | Current |
Financial Performance of Cars24 Services.
Cars24 Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 113.79% increase. The company also saw a substantial fall in profitability, with a 30.32% decrease in profit. The company's net worth Soared by an impressive increase of 11.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Cars24 Services?
In 2021, Cars24 Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Cars24 Financial Services Private LimitedRuchit Agarwal, Gajendra Jangid and 1 more are mutual person
Nnc Advisors LlpRuchit Agarwal is a mutual person
- Vmrg Advisors Llp
Ruchit Agarwal and Gajendra Jangid are mutual person
- Cars24 Wholesale Services Private Limited
Ruchit Agarwal and Gajendra Jangid are mutual person
- Cars24 Financial Services Holding Private Limited
Ruchit Agarwal and Gajendra Jangid are mutual person
- Kygs Advisors Llp
Gajendra Jangid is a mutual person
Charges (Loans)
₹590.00 Cr
₹810.00 Cr
Charges Breakdown by Lending Institutions
- Others : 590.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2023 | Others | ₹590.00 Cr | Open |
| 17 Dec 2021 | Standard Chartered Bank | ₹75.00 Cr | Satisfied |
| 03 Dec 2021 | Others | ₹30.00 Cr | Satisfied |
| 04 Oct 2021 | Others | ₹60.00 Cr | Satisfied |
| 30 Sep 2021 | Others | ₹20.00 Cr | Satisfied |
How Many Employees Work at Cars24 Services?
Cars24 Services has a workforce of 2212 employees as of Mar 28, 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 Cars24 Services, 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 Cars24 Services'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.
