Destination Motors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 26-12-2024
- Paid Up Capital ₹ 1.00 M
as on 26-12-2024
- Company Age 11 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.00 Cr
as on 26-12-2024
- Revenue -1.82%
(FY 2022)
- Profit 0.21%
(FY 2022)
- Ebitda 39.68%
(FY 2022)
- Net Worth 49.50%
(FY 2022)
- Total Assets 29.32%
(FY 2022)
About Destination Motors
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 5.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹9.00 Cr.
Bimal Patel, Radhasaran Patel, and Viral Patel serve as directors at the Company.
- CIN/LLPIN
U50300GJ2013PTC074969
- Company No.
074969
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 May 2013
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Anand, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
What products or services does Destination Motors Private Limited offer?
Destination Motors Private Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Refrigeration Spares, Air Intakes, Exhaust Systems & Parts, Automotive Filters.
Who are the key members and board of directors at Destination Motors?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bimal Patel  | Director | 09-May-2013 | Current |
| Radhasaran Patel | Director | 09-May-2013 | Current |
| Viral Patel | Director | 16-Dec-2019 | Current |
Financial Performance of Destination Motors.
Destination Motors Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.82% decrease. The company also saw a slight improvement in profitability, with a 0.21% increase in profit. The company's net worth Soared by an impressive increase of 49.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Destination Motors?
In 2021, Destination Motors 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)
Down Town Motors Private LimitedActive 26 years 4 monthsBimal Patel, Radhasaran Patel and 1 more are mutual person
Destination Cars Private LimitedActive 7 years 10 monthsBimal Patel, Radhasaran Patel and 1 more are mutual person
- Downtown Auto Private LimitedActive 16 years 9 months
Bimal Patel, Radhasaran Patel and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Aug 2019 | ₹9.00 Cr | Open |
How Many Employees Work at Destination Motors?
Destination Motors has a workforce of 25 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 Destination Motors, 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 Destination Motors'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.