Desai Automobiles Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
as on 28-07-2024
- Paid Up Capital ₹ 6.00 M
as on 28-07-2024
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.00 M
as on 28-07-2024
- Satisfied Charges ₹ 4.38 Cr
as on 28-07-2024
- Revenue -42.14%
(FY 2023)
- Profit -947.08%
(FY 2023)
- Ebitda -198.20%
(FY 2023)
- Net Worth -9.52%
(FY 2023)
- Total Assets -10.64%
(FY 2023)
About Desai Automobiles
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 6.00 M.
The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹4.38 Cr, as per Ministry of Corporate Affairs (MCA) records.
Piyush Desai and Sonal Desai serve as directors at the Company.
- CIN/LLPIN
U50300GJ2004PTC044193
- Company No.
044193
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 May 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vapi, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Desai Automobiles?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyush Desai  | Director | 26-May-2004 | Current |
| Sonal Desai | Director | 25-Dec-2008 | Current |
Financial Performance of Desai Automobiles.
Desai Automobiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.14% decrease. The company also saw a substantial fall in profitability, with a 947.08% decrease in profit. The company's net worth dipped by a decrease of 9.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Desai Automobiles?
In 2023, Desai Automobiles 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)
Divine Motors Private LimitedActive 15 years 6 monthsPiyush Desai and Sonal Desai are mutual person
Divine Autolink Private LimitedActive 12 years 9 monthsPiyush Desai and Sonal Desai are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Jul 2008 | ₹9.00 M | Open |
Kotak Mahindra Primus Limited Creation Date: 31 Mar 2005 | ₹1.00 Cr | Satisfied |
Kotak Mahindra Primus Limited Creation Date: 30 Mar 2005 | ₹5.00 M | Satisfied |
How Many Employees Work at Desai Automobiles?
Desai Automobiles has a workforce of 6 employees as of Mar 31, 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 Desai Automobiles, 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 Desai Automobiles'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.
