Karan Ashok Cars Private Limited

A company that deals with buying, selling, and hiring various types of vehicles.

2018 | Nainital, Uttarakhand (India) | Active
Last Updated: October 24, 2024

Karan Ashok Cars Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.92 Cr
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.40 Cr
  • Satisfied Charges ₹ 3.00 M
  • Revenue Growth 57.82%
  • Profit Growth 88.71%
  • Ebitda 60.24%
  • Net Worth 35.99%
  • Total Assets 27.11%

About Karan Ashok Cars

Karan Ashok Cars Private Limited (KACPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 August 2018 (Six years and five months 6 days old ). Its registered office is in Nainital, Uttarakhand, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.92 Cr.

The company currently has active open charges totaling ₹47.40 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Gaurav Singh and Anu Singh serve as directors at the Company.

Company Details

  • Location

    Nainital, Uttarakhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50400UR2018PTC008960

  • Company No.

    008960

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Uttarakhand

Industry

Automotive

Who are the key members and board of directors at Karan Ashok Cars?

Board Members (2)

Name Designation Appointment Date Status
Gaurav Singh Country flag representing In Director 28-Aug-2018 Current
Anu Singh Country flag representing In Director 15-Oct-2018 Current

Financial Performance of Karan Ashok Cars.

Karan Ashok Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.82% increase. The company also saw a substantial improvement in profitability, with a 88.71% increase in profit. The company's net worth Soared by an impressive increase of 35.99%.

Graph illustrating revenue growth over time
Graph showing 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
57.82%
Revenue from Operations
58.02%
Total Assets
27.11%
Profit or Loss
88.71%
Net Worth
35.99%
EBITDA
60.24%

What is the Ownership and Shareholding Structure of Karan Ashok Cars?

In 2023, Karan Ashok Cars 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

₹47.40 Cr

Satisfied Charges

₹0.30 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 36.61 Cr
  • Others : 10.00 Cr
  • Hdfc Bank Limited : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
10 Jul 2024 State Bank Of India ₹1.94 Cr Open
28 Jul 2023 Others ₹10.00 Cr Open
19 Oct 2022 Hdfc Bank Limited ₹7.97 M Open
18 Feb 2019 State Bank Of India ₹34.67 Cr Open
27 Feb 2020 Punjab National Bank ₹3.00 M Satisfied

How Many Employees Work at Karan Ashok Cars?

Unlock and access historical data on people associated with Karan Ashok Cars, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karan Ashok Cars, 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 Karan Ashok Cars'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 Karan Ashok Cars

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.94 Cr with Charge ID 100966438 was registered on 10 Jul 2024.

    10 Jul 2024

  • Charges

    A charge with State Bank Of India of Rs. 34.67 Cr registered on 18 Feb 2019 with Charge ID 100242456 was modified on 01 Feb 2024.

    01 Feb 2024

  • Annual General Meeting

    Karan Ashok Cars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 28 Jul 2023 with Charge ID 100763319 was modified on 27 Sep 2023.

    27 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100763319 was registered on 28 Jul 2023.

    28 Jul 2023

  • Balance Sheet

    Karan Ashok Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttarakhand.

    31 Mar 2023

Frequently asked questions

  • Karan Ashok Cars Private Limited was incorporated on 28 Aug 2018.

  • The authorized share capital of Karan Ashok Cars Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.92 Cr.

  • Currently 2 directors are associated with Karan Ashok Cars Private Limited.

    • Gaurav Singh
    • Anu Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karan Ashok Cars Private Limited is Hotel Karan Railway Bazar India, Haldwani, Uttarakhand, 263139.

  • The corporate identification number (CIN) of Karan Ashok Cars Private Limited is U50400UR2018PTC008960 and the company number is 008960 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karan Ashok Cars Private Limited has risen by 57.82%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karan Ashok Cars Private Limited has experienced an upsurge of 35.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karan Ashok Cars Private Limited amount to ₹ 47.40 Cr.

  • The most recent Balance Sheet for Karan Ashok Cars Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Auto Dealership & Trading