Param Automobiles Profile
Key Indicators
- Authorised Capital ₹ 3.75 M
- Paid Up Capital ₹ 3.75 M
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 40.00 Cr
- Satisfied Charges ₹ 20.00 Cr
- Revenue Growth 305.64%
- Profit Growth 339.70%
- Ebitda 334.64%
- Net Worth 113.81%
- Total Assets 112.44%
About Param Automobiles
Param Automobiles Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2010 and has a history of 14 years and ten months. Its registered office is in Gandhi Nagar, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.75 M and a paid-up capital of Rs 3.75 M.
The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Inderpreet Saluja and Mehul Shah serve as directors at the Company.
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300GJ2010PTC060261
- Company No.
060261
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Apr 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Automotive
What products or services does Param Automobiles Private Limited offer?
Param Automobiles Private Limited offers a wide range of products and services, including Business Consultant, Business Organizing Services, Car Rental, Cab Services.
Who are the key members and board of directors at Param Automobiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Inderpreet Saluja  | Director | 12-Apr-2012 | Current |
| Mehul Shah | Director | 25-Feb-2012 | Current |
Financial Performance of Param Automobiles.
Param Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 305.64% increase. The company also saw a substantial improvement in profitability, with a 339.7% increase in profit. The company's net worth Soared by an impressive increase of 113.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Param Automobiles?
In 2023, Param 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)
_PRIVATE_LIMITED.webp)
Param Automotive Private LimitedInderpreet Saluja is a mutual person
Param Wheels LlpInderpreet Saluja is a mutual person
- West Coast Motors Private Limited
Inderpreet Saluja is a mutual person
- Pure Cars Private Limited
Inderpreet Saluja and Mehul Shah are mutual person
- Karnavati Wheels Private Limited
Inderpreet Saluja is a mutual person
- Parklane Auto Private Limited
Inderpreet Saluja is a mutual person
Charges (Loans)
Open Charges
₹400.00 M
Satisfied Charges
₹200.00 M
Charges Breakdown by Lending Institutions
- Others : 20.00 Cr
- Hdfc Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2022 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 30 Mar 2022 | Others | ₹20.00 Cr | Open |
| 24 Mar 2023 | Others | ₹20.00 Cr | Satisfied |
How Many Employees Work at Param Automobiles?
Param Automobiles has a workforce of 300 employees as of Apr 06, 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 Param 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 Param 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.
