Parekh Automobiles Private Limited

Manufactures and sells various types of vehicles, incorporated in 1980.

1980 | Rajkot, Gujarat (India) | Active
Last Updated: January 09, 2025

Parekh Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 44 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -80.33%
  • Profit Growth 28705.01%
  • Ebitda 4.92%
  • Net Worth 27.09%
  • Total Assets 169.85%

About Parekh Automobiles

Parekh Automobiles Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 May 1980 and has a history of 44 years and nine months. Its registered office is in Rajkot, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.15 M, as per Ministry of Corporate Affairs (MCA) records.

Saumil Parekh and Chintan Parekh serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34201GJ1980PTC003754

  • Company No.

    003754

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 May 1980

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

Who are the key members and board of directors at Parekh Automobiles?

Board Members (2)

Name Designation Appointment Date Status
Saumil Parekh Country flag representing In Director 10-Aug-2007 Current
Chintan Parekh Country flag representing In Director 18-May-2000 Current

Financial Performance of Parekh Automobiles.

Parekh Automobiles Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 80.33% decrease. The company also saw a substantial improvement in profitability, with a 28705.01% increase in profit. The company's net worth Soared by an impressive increase of 27.09%.

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
-80.33%
Revenue from Operations
Total Assets
169.85%
Profit or Loss
28705.01%
Net Worth
27.09%
EBITDA
4.92%

What is the Ownership and Shareholding Structure of Parekh Automobiles?

In 2018, Parekh Automobiles had a promoter holding of 99.34% and a public holding of 0.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Parekh Automobiles?

Unlock and access historical data on people associated with Parekh Automobiles, 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 Parekh 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 Parekh Automobiles'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 Parekh Automobiles

Recent activity within the organization

  • Annual General Meeting

    Parekh Automobiles Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

    Parekh Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Saumil Dineshbhai Parekh was appointed as a Director was appointed as a Director on 10 Aug 2007 & has been associated with this company since 17 years 5 months .

    10 Aug 2007

  • Director Appointment

    Chintan Virendra Parekh was appointed as a Director was appointed as a Director on 18 May 2000 & has been associated with this company since 24 years 8 months .

    18 May 2000

  • Company Incorporation

    Parekh Automobiles Private Limited was registered on 03 May 1980 with Roc Ahmedabad & aged 44 years 9 months as per MCA records.

    03 May 1980

Frequently asked questions

  • Parekh Automobiles Private Limited was incorporated on 03 May 1980.

  • The authorized share capital of Parekh Automobiles Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.15 M.

  • Currently 2 directors are associated with Parekh Automobiles Private Limited.

    • Saumil Dineshbhai Parekh
    • Chintan Virendra Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parekh Automobiles Private Limited is Gondal Road India, Rajkot, Gujarat, 360004.

  • The corporate identification number (CIN) of Parekh Automobiles Private Limited is U34201GJ1980PTC003754 and the company number is 003754 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Parekh Automobiles Private Limited has fallen by -80.33%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parekh Automobiles Private Limited has experienced an upsurge of 27.09%.

  • The most recent Balance Sheet for Parekh Automobiles Private Limited was filed with the ROC on 31 Mar 2024.

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