Kotak Mahindra Prime Limited

Leading car finance company with strategic partnerships, offering loans, inventory funding, and corporate advances.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated:

Kotak Mahindra Prime Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 29 Year, 26 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 62,008.80 Cr
  • Satisfied Charges ₹ 98,052.50 Cr
  • Revenue Growth 11.34%
  • Profit Growth -2.79%
  • Ebitda 7.55%
  • Net Worth 10.72%
  • Total Assets 13.21%

About Kotak Mahindra Prime

Kotak Mahindra Prime Limited (KMPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 February 1996 and has a history of 29 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Komaf Auto Finance P Ltd. The Company is engaged in the Financial Services 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 6.50 Cr and a paid-up capital of Rs 3.50 Cr.

The company currently has active open charges totaling ₹62,008.80 Cr. The company has closed loans amounting to ₹98,052.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kotak Mahindra Prime Limited India are Jason Dalgado as CFO and Kiran Tangudu as Company Secretary. Vyomesh Kapasi, Ravi Venkatraman, Akila Urankar, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U67200MH1996PLC097730

  • Company No.

    097730

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 1996

  • Date of AGM

    26 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Kotak Mahindra Prime Limited

Explore comprehensive data for Kotak Mahindra Prime Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Kotak Mahindra Prime?

Executive Team (2)

NameDesignationAppointment DateStatus
Jason Dalgado CFO16-Aug-2023Current
Kiran Tangudu Company Secretary01-Apr-2018Current

Board Members (9)

NameDesignationAppointment DateStatus
Vyomesh Kapasi Country flag representing In Director 09-Dec-2016Current
Uday Kotak Country flag representing In Director 13-Dec-1996Current
Prakash Apte Country flag representing In Director 15-Jan-2024Current
Tekumalla Rao Country flag representing Gb Director 06-Apr-2024Current
Amit Mohan Country flag representing In Director 06-Sep-2021Current
Akila Urankar Country flag representing In Director 01-Apr-2018Current

Financial Performance of Kotak Mahindra Prime.

Kotak Mahindra Prime Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.34% increase. The company also saw a slight decrease in profitability, with a 2.79% decrease in profit. The company's net worth Soared by an impressive increase of 10.72%.

Kotak Mahindra Prime revenue growth over time
Kotak Mahindra Prime 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
11.34%
Revenue from Operations
12.09%
Total Assets
13.21%
Profit or Loss
-2.79%
Net Worth
10.72%
EBITDA
7.55%

What is the Ownership and Shareholding Structure of Kotak Mahindra Prime?

In 2023, Kotak Mahindra Prime 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

₹62,008.80 Cr

Satisfied Charges

₹98,052.50 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 42500.00 Cr
  • Others : 15000.00 Cr
  • Indusind Bank Ltd : 3370.80 Cr
  • Indusind Bank Ltd. : 1078.00 Cr
  • The Sakura Bank Ltd. : 40.00 Cr
  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2022Idbi Trusteeship Services Limited₹15,000.00 CrOpen
29 Jan 2020Idbi Trusteeship Services Limited₹5,000.00 CrOpen
03 Jul 2019Idbi Trusteeship Services Limited₹15,000.00 CrOpen
27 Mar 2012Others₹15,000.00 CrOpen
26 Mar 2009Idbi Trusteeship Services Limited₹7,500.00 CrOpen

How Many Employees Work at Kotak Mahindra Prime?

Kotak Mahindra Prime has a workforce of 7912 employees as of Apr 08, 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 Kotak Mahindra Prime Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kotak Mahindra Prime, 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 Kotak Mahindra Prime'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 Kotak Mahindra Prime

Recent activity within the organization

  • Annual General Meeting

    Kotak Mahindra Prime Limited last Annual general meeting of members was held on 26 Jun 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 15,000.00 Cr registered on 27 Mar 2012 with Charge ID 10349693 was modified on 19 Apr 2024.

  • Director Appointment

    Tekumalla Nihar Ramana Rao was appointed as a Director was appointed as a Director on 06 Apr 2024 & has been associated with this company since 11 months 19 days .

  • Balance Sheet

    Kotak Mahindra Prime Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Prakash Krishnaji Apte was appointed as a Director was appointed as a Director on 15 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge registered on 24 Jul 2017 via Charge ID 100118435 with Idbi Trusteeship Services Limited was fully satisfied on 14 Feb 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Kotak Mahindra Prime Limited?

    Kotak Mahindra Prime Limited was incorporated on 28 Feb 1996.

  • What is authorized share capital and paid-up capital of Kotak Mahindra Prime Limited?

    The authorized share capital of Kotak Mahindra Prime Limited is ₹ 6.50 Cr and paid-up capital is ₹ 3.50 Cr.

  • Who are the current board members & directors of Kotak Mahindra Prime Limited?

    Currently 11 directors are associated with Kotak Mahindra Prime Limited.

    • Jason Dalgado
    • Vyomesh Dineshchandra Kapasi
    • Ravi Venkatraman
    • Akila Urankar
    • Prakash Krishnaji Apte
    • Uday Suresh Kotak
    • Chandrashekhar Shrikrishna Sathe
    • Tekumalla Nihar Ramana Rao
    • Shahrukh Homi Todiwala
    • Kiran Tangudu
    • Amit Mohan
  • What is the registered address of Kotak Mahindra Prime Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kotak Mahindra Prime Limited is 27Bkc C 27 G Block Bandra Kurla Complex (E), India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Kotak Mahindra Prime Limited?

    The corporate identification number (CIN) of Kotak Mahindra Prime Limited is U67200MH1996PLC097730 and the company number is 097730 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kotak Mahindra Prime Limited?

    The Official website of Kotak Mahindra Prime Limited is https://www.primeloans.kotak.com

  • What has been the recent revenue trend for Kotak Mahindra Prime Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kotak Mahindra Prime Limited has risen by 11.34%.

  • How many employees does Kotak Mahindra Prime Limited currently have?

    As Per 2023 financial reports, 7912 employees are currently employed by Kotak Mahindra Prime Limited.

  • What change has been observed in the net worth of Kotak Mahindra Prime Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kotak Mahindra Prime Limited has experienced an upsurge of 10.72%.

  • What are the total open charges for Kotak Mahindra Prime Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kotak Mahindra Prime Limited amount to ₹ 62,008.80 Cr.

  • When was the last Balance Sheet of Kotak Mahindra Prime Limited filed with the ROC?

    The most recent Balance Sheet for Kotak Mahindra Prime Limited was filed with the ROC on 31 Mar 2024.

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