Desai Automotives Private Limited
Sells and services automobiles and spare parts.
2018 | Dharwad, Karnataka (India) | Active
Desai Automotives Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 6 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.35 Cr
- Revenue Growth 26.13%
- Profit Growth -92.28%
- Ebitda 33.48%
- Net Worth 6.49%
- Total Assets 57.10%
About Desai Automotives
Desai Automotives Private Limited (DAPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 December 2018 (Six years and two months 16 days old ). Its registered office is in Dharwad, Karnataka, 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹7.35 Cr.
Aditya Desai, Anand Desai, and Moodabidri Prabhu serve as directors at the Company.
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50400KA2018PTC119717
- Company No.
119717
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Dec 2018
- Date of AGM
04 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
Who are the key members and board of directors at Desai Automotives?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Desai  | Director | 20-Dec-2018 | Current |
| Anand Desai | Director | 20-Dec-2018 | Current |
| Moodabidri Prabhu | Director | 20-Dec-2018 | Current |
Financial Performance of Desai Automotives.
Desai Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.13% increase. The company also saw a substantial fall in profitability, with a 92.28% decrease in profit. The company's net worth moved up by a moderate rise of 6.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Desai Automotives?
In 2023, Desai Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹7.35 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 7.25 Cr
- Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2022 | Others | ₹2.25 Cr | Open |
| 31 Mar 2021 | Hdfc Bank Limited | ₹1.00 M | Open |
| 04 Feb 2021 | Others | ₹2.00 Cr | Open |
| 29 Mar 2019 | Others | ₹3.00 Cr | Open |
How Many Employees Work at Desai Automotives?
Unlock and access historical data on people associated with Desai Automotives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Desai Automotives, 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 Automotives'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.
Latest Updates, News, and FAQs on Desai Automotives
Recent activity within the organization
- Annual General Meeting
Desai Automotives Private Limited last Annual general meeting of members was held on 04 Sep 2024 as per latest MCA records.
- Balance Sheet
Desai Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100616337 was registered on 17 Sep 2022.
- Charges
A charge with Others of Rs. 2.00 Cr registered on 04 Feb 2021 with Charge ID 100421497 was modified on 13 Jul 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100439224 was registered on 31 Mar 2021.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100421497 was registered on 04 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Desai Automotives Private Limited?
Desai Automotives Private Limited was incorporated on 20 Dec 2018.
What is authorized share capital and paid-up capital of Desai Automotives Private Limited?
The authorized share capital of Desai Automotives Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Desai Automotives Private Limited?
Currently 3 directors are associated with Desai Automotives Private Limited.
- Aditya Dhruva Desai
- Anand Raghavendra Desai
- Moodabidri Gopalakrishna Prabhu
What is the registered address of Desai Automotives Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Desai Automotives Private Limited is Sy No 41/5 33/10 Nagashetikoppa Village India, Hubli, Karnataka, 580023.
What is the corporate identification number (CIN) and company number of Desai Automotives Private Limited?
The corporate identification number (CIN) of Desai Automotives Private Limited is U50400KA2018PTC119717 and the company number is 119717 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Desai Automotives Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Desai Automotives Private Limited has risen by 26.13%.
What change has been observed in the net worth of Desai Automotives Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Desai Automotives Private Limited has experienced an upsurge of 6.49%.
What are the total open charges for Desai Automotives Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Desai Automotives Private Limited amount to ₹ 7.35 Cr.
When was the last Balance Sheet of Desai Automotives Private Limited filed with the ROC?
The most recent Balance Sheet for Desai Automotives Private Limited was filed with the ROC on 31 Mar 2024.