Parekh Automotives Private Limited

Dealership and servicing of Honda two-wheelers since 2016, based in Mumbai.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated:

Parekh Automotives Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 9.00 Cr
  • Satisfied Charges ₹ 4.90 Cr
  • Revenue Growth 7.66%
  • Profit Growth -618.01%
  • Ebitda -1558.40%
  • Net Worth -139.53%
  • Total Assets 1.37%

About Parekh Automotives

Parekh Automotives Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 March 2016 (Nine years and one month 13 days old ). Its registered office is in Mumbai, Maharashtra, 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 2019. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹9.00 Cr. The company has closed loans amounting to ₹4.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Parekh and Vishal Parekh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110MH2016PTC274291

  • Company No.

    274291

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2016

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive
Company report

Parekh Automotives Private Limited

Explore comprehensive data for Parekh Automotives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Vishal Parekh Country flag representing In Director 13-Mar-2016Current
Anil Parekh Country flag representing In Director 13-Mar-2016Current

Financial Performance of Parekh Automotives.

Parekh Automotives Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 7.66% increase. The company also saw a substantial fall in profitability, with a 618.01% decrease in profit. The company's net worth observed a substantial decline by a decrease of 139.53%.

Parekh Automotives revenue growth over time
Parekh Automotives 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
7.66%
Revenue from Operations
8.63%
Total Assets
1.37%
Profit or Loss
-618.01%
Net Worth
-139.53%
EBITDA
-1558.40%

What is the Ownership and Shareholding Structure of Parekh Automotives?

In 2019, Parekh Automotives 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

₹9.00 Cr

Satisfied Charges

₹4.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2021Others₹2.00 CrOpen
22 Feb 2019Others₹7.00 CrOpen
25 Jul 2016Others₹1.45 CrSatisfied
04 Jul 2016Others₹1.00 CrSatisfied
04 Jul 2016Others₹2.45 CrSatisfied

How Many Employees Work at Parekh Automotives?

Parekh Automotives has a workforce of 81 employees as of Mar 31, 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 Parekh Automotives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parekh Automotives, 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 Automotives'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 Automotives

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 2.00 Cr registered on 06 Feb 2021 with Charge ID 100421193 was modified on 08 Feb 2021.

  • Charges

    A charge with Others of Rs. 7.00 Cr registered on 22 Feb 2019 with Charge ID 100245983 was modified on 08 Feb 2021.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100421193 was registered on 06 Feb 2021.

  • Annual General Meeting

    Parekh Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Parekh Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

  • Charges

    A charge registered on 25 Jul 2016 via Charge ID 100041890 with Others was fully satisfied on 01 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Parekh Automotives Private Limited?

    Parekh Automotives Private Limited was incorporated on 13 Mar 2016.

  • What is authorized share capital and paid-up capital of Parekh Automotives Private Limited?

    The authorized share capital of Parekh Automotives Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Who are the current board members & directors of Parekh Automotives Private Limited?

    Currently 2 directors are associated with Parekh Automotives Private Limited.

    • Anil Shantilal Parekh
    • Vishal Anil Parekh

  • What is the registered address of Parekh Automotives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parekh Automotives Private Limited is 109-A Industrial Area Road Opp Nehru Garden, Sion East India, Mumbai, Maharashtra, 400022.

  • What is the corporate identification number (CIN) and company number of Parekh Automotives Private Limited?

    The corporate identification number (CIN) of Parekh Automotives Private Limited is U74110MH2016PTC274291 and the company number is 274291 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Parekh Automotives Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Parekh Automotives Private Limited has risen by 7.66%.

  • How many employees does Parekh Automotives Private Limited currently have?

    As Per 2019 financial reports, 81 employees are currently employed by Parekh Automotives Private Limited.

  • What change has been observed in the net worth of Parekh Automotives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Parekh Automotives Private Limited has experienced an downturn of -139.53%.

  • What are the total open charges for Parekh Automotives Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Parekh Automotives Private Limited amount to ₹ 9.00 Cr.

  • When was the last Balance Sheet of Parekh Automotives Private Limited filed with the ROC?

    The most recent Balance Sheet for Parekh Automotives Private Limited was filed with the ROC on 31 Mar 2019.

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