Destination Motors Private Limited

Auto trading company dealing in all types of vehicles, parts, and accessories.

2013 | Anand, Gujarat (India) | Active
Last Updated:

Destination Motors Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 11 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.00 Cr
  • Revenue Growth -1.82%
  • Profit Growth 0.21%
  • Ebitda 39.68%
  • Net Worth 49.50%
  • Total Assets 29.32%

About Destination Motors

Destination Motors Private Limited (DMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 May 2013 and has a history of 11 years and 11 months. Its registered office is in Anand, Gujarat, 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 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.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Automotive

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.

Company report

Destination Motors Private Limited

Explore comprehensive data for Destination Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Destination Motors?

Board Members (3)

NameDesignationAppointment DateStatus
Bimal Patel Country flag representing In Director 09-May-2013Current
Radhasaran Patel Country flag representing In Director 09-May-2013Current
Viral Patel Country flag representing In Director 16-Dec-2019Current

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%.

Destination Motors revenue growth over time
Destination Motors profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.82%
Revenue from Operations
-2.08%
Total Assets
29.32%
Profit or Loss
0.21%
Net Worth
49.50%
EBITDA
39.68%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹90.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2019Others₹9.00 CrOpen

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.

Employee growth trends for Destination Motors Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Destination Motors

Recent activity within the organization

  • Annual General Meeting

    Destination Motors Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Destination Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 90.00 M registered on 30 Aug 2019 with Charge ID 100304914 was modified on 18 Aug 2020.

  • Director Appointment

    Viral Bimal Patel was appointed as a Director was appointed as a Director on 16 Dec 2019 & has been associated with this company since 5 years 3 months .

  • Charges

    A charge with Others amounted to Rs. 90.00 M with Charge ID 100304914 was registered on 30 Aug 2019.

  • Director Appointment

    Bimal Santlal Patel was appointed as a Director was appointed as a Director on 09 May 2013 & has been associated with this company since 11 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Destination Motors Private Limited?

    Destination Motors Private Limited was incorporated on 09 May 2013.

  • What is authorized share capital and paid-up capital of Destination Motors Private Limited?

    The authorized share capital of Destination Motors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Destination Motors Private Limited?

    Currently 3 directors are associated with Destination Motors Private Limited.

    • Bimal Santlal Patel
    • Radhasaran Santlal Patel
    • Viral Bimal Patel
  • What is the registered address of Destination Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Destination Motors Private Limited is Survey No. 535 Opp. Gmm Anand - Sojitra Road, India, Karamsad, Gujarat, 388325.

  • What is the corporate identification number (CIN) and company number of Destination Motors Private Limited?

    The corporate identification number (CIN) of Destination Motors Private Limited is U50300GJ2013PTC074969 and the company number is 074969 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Destination Motors Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Destination Motors Private Limited has fallen by -1.82%.

  • How many employees does Destination Motors Private Limited currently have?

    As Per 2022 financial reports, 25 employees are currently employed by Destination Motors Private Limited.

  • What change has been observed in the net worth of Destination Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Destination Motors Private Limited has experienced an upsurge of 49.50%.

  • What are the total open charges for Destination Motors Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Destination Motors Private Limited amount to ₹ 9.00 Cr.

  • When was the last Balance Sheet of Destination Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Destination Motors Private Limited was filed with the ROC on 31 Mar 2024.

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