Fairdeal Automobiles Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.26 Cr
- Company Age 66 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 56.00 Cr
- Satisfied Charges ₹ 2.30 Cr
- Revenue Growth 12.92%
- Profit Growth -4.93%
- Ebitda 11.59%
- Net Worth 12.22%
- Total Assets 24.81%
About Fairdeal Automobiles
Fairdeal Automobiles Private Limited (FAPL) was founded in India on 12 May 1958 and has a glorious history of 66 years and nine months. Its registered office is in Singhbhum, Jharkhand, India.
The Corporate was formerly known as Fairdeal Motors Private Limited. 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 10.00 Cr and a paid-up capital of Rs 4.26 Cr.
The company currently has active open charges totaling ₹56.00 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Karna Parikh and Ruprani Parikh serve as directors at the Company.
Company Details
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Location
Singhbhum, Jharkhand, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51502JH1958PTC000614
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Company No.
000614
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 May 1958
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Jharkhand
Industry
Who are the key members and board of directors at Fairdeal Automobiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karna Parikh
|
Director | 01-Jan-1998 | Current |
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Ruprani Parikh
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Director | 01-Oct-1988 | Current |
Financial Performance of Fairdeal Automobiles.
Fairdeal Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.92% increase. The company also saw a slight decrease in profitability, with a 4.93% decrease in profit. The company's net worth Soared by an impressive increase of 12.22%.
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What is the Ownership and Shareholding Structure of Fairdeal Automobiles?
In 2023, Fairdeal 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)
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J.M.A.Stores Private LimitedKarna Parikh is a mutual person
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Jashan Earth Movers Private Limited
Karna Parikh is a mutual person
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Jamshedpur Air-Connect Private Limited
Karna Parikh is a mutual person
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Eastern Auto Investo Pvt Ltd
Karna Parikh and Ruprani Parikh are mutual person
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Status Home & Enclaves Pvt. Ltd.
Karna Parikh is a mutual person
Charges (Loans)
₹56.00 Cr
₹2.30 Cr
Charges Breakdown by Lending Institutions
- Others : 37.50 Cr
- Axis Bank Limited : 17.50 Cr
- Axis Bank : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2024 | Others | ₹10.00 Cr | Open |
| 31 Mar 2023 | Others | ₹5.00 Cr | Open |
| 29 May 2015 | Others | ₹22.50 Cr | Open |
| 07 Oct 2010 | Axis Bank | ₹1.00 Cr | Open |
| 16 Jan 2008 | Axis Bank Limited | ₹17.50 Cr | Open |
How Many Employees Work at Fairdeal Automobiles?
Fairdeal Automobiles has a workforce of 170 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 Fairdeal 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 Fairdeal 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.
