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Param Automotive Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 18 Year, 3 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 306.56 Cr
- Satisfied Charges ₹ 3.30 Cr
- Revenue Growth 83.98%
- Profit Growth 276.96%
- Ebitda 131.47%
- Net Worth 21.82%
- Total Assets 72.60%
About Param Automotive
Param Automotive Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 February 2007 and has a history of 18 years. Its registered office is in Ahmedabad, 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹306.56 Cr. The company has closed loans amounting to ₹3.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Baljeetsingh Bagga, Inderpreet Saluja, and Nikesh Patel serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
U34103GJ2007PTC049926
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Company No.
049926
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Feb 2007
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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 Ahmedabad
Industry
What products or services does Param Automotive Private Limited offer?
Param Automotive Private Limited offers a wide range of products and services, including Automobile Interiors & Accessories, Automotive Accessories, Cars, Motor Cars, Floor Mats, PVC Mat, Car Parking Sensor, Reverse Parking Sensor, Mahindra Cars, Renault Cars.
Who are the key members and board of directors at Param Automotive?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Inderpreet Saluja
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Director | 18-Feb-2020 | Current |
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Baljeetsingh Bagga
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Director | 02-Feb-2007 | Current |
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Nikesh Patel
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Director | 26-Oct-2023 | Current |
Financial Performance of Param Automotive.
Punjab Automobiles (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 83.98% increase. The company also saw a substantial improvement in profitability, with a 276.96% increase in profit. The company's net worth Soared by an impressive increase of 21.82%.
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What is the Ownership and Shareholding Structure of Param Automotive?
In 2022, Param Automotive 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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Punjab Cars Private LimitedBaljeetsingh Bagga is a mutual person
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Param Automobiles Private LimitedInderpreet Saluja is a mutual person
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Kashpria Enterprises LlpBaljeetsingh Bagga is a mutual person
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Vibrant Lifestyles Private Limited
Baljeetsingh Bagga is a mutual person
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West Coast Motors Private Limited
Baljeetsingh Bagga and Inderpreet Saluja are mutual person
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Pratham Cars Private Limited
Baljeetsingh Bagga is a mutual person
Charges (Loans)
₹3,065.59 M
₹33.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 253.56 Cr
- Others : 53.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2023 | Others | ₹12.00 Cr | Open |
| 08 May 2023 | Others | ₹8.00 Cr | Open |
| 24 Mar 2023 | Others | ₹20.00 Cr | Open |
| 24 Nov 2022 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 29 Jun 2022 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Param Automotive?
Param Automotive has a workforce of 117 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Param Automotive, 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 Automotive'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.
