Parker Automotive Private Limited

Manufactures and exports spare parts for two-wheelers and three-wheelers globally.

2021 | Ludhiana, Punjab (India) | Active
Last Updated: November 02, 2024

Parker Automotive Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 3 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.60 Cr
  • Revenue Growth 119.02%
  • Profit Growth 184.21%
  • Ebitda 172.94%
  • Net Worth 240.58%
  • Total Assets 31.25%

About Parker Automotive

Parker Automotive Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 2021 (Three years and ten months 2 days old ). Its registered office is in Ludhiana, Punjab, 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 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹3.60 Cr.

Jaspal Pahwa, Raghav Pahwa, Shraddha Pahwa, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parkerindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35100PB2021PTC053200

  • Company No.

    053200

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Parker Automotive?

Board Members (4)

Name Designation Appointment Date Status
Jaspal Pahwa Country flag representing In Director 12-Apr-2021 Current
Raghav Pahwa Country flag representing In Director 12-Apr-2021 Current
Shraddha Pahwa Country flag representing In Director 12-Apr-2021 Current
Anita Pahwa Country flag representing In Director 12-Jun-2021 Current

Financial Performance of Parker Automotive.

Parker Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 119.02% increase. The company also saw a substantial improvement in profitability, with a 184.21% increase in profit. The company's net worth Soared by an impressive increase of 240.58%.

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
119.02%
Revenue from Operations
116.42%
Total Assets
31.25%
Profit or Loss
184.21%
Net Worth
240.58%
EBITDA
172.94%

What is the Ownership and Shareholding Structure of Parker Automotive?

In 2023, Parker 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.60 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2021 Axis Bank Limited ₹3.60 Cr Open

How Many Employees Work at Parker Automotive?

Unlock and access historical data on people associated with Parker Automotive, 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 Parker 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 Parker Automotive'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 Parker Automotive

Recent activity within the organization

  • Annual General Meeting

    Parker Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Parker Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 36.00 M with Charge ID 100492079 was registered on 28 Sep 2021.

    28 Sep 2021

  • Director Appointment

    Anita Pahwa was appointed as a Director was appointed as a Director on 12 Jun 2021 & has been associated with this company since 3 years 8 months .

    12 Jun 2021

  • Director Appointment

    Jaspal Pahwa was appointed as a Director was appointed as a Director on 12 Apr 2021 & has been associated with this company since 3 years 10 months .

    12 Apr 2021

  • Director Appointment

    Raghav Pahwa was appointed as a Director was appointed as a Director on 12 Apr 2021 & has been associated with this company since 3 years 10 months .

    12 Apr 2021

Frequently asked questions

  • Parker Automotive Private Limited was incorporated on 12 Apr 2021.

  • The authorized share capital of Parker Automotive Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 4 directors are associated with Parker Automotive Private Limited.

    • Jaspal Pahwa
    • Raghav Pahwa
    • Shraddha Pahwa
    • Anita Pahwa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parker Automotive Private Limited is C-79, Phase-V Focal Point India, Ludhiana, Punjab, 141010.

  • The corporate identification number (CIN) of Parker Automotive Private Limited is U35100PB2021PTC053200 and the company number is 053200 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parker Automotive Private Limited is https://www.parkerindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parker Automotive Private Limited has risen by 119.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parker Automotive Private Limited has experienced an upsurge of 240.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parker Automotive Private Limited amount to ₹ 3.60 Cr.

  • The most recent Balance Sheet for Parker Automotive Private Limited was filed with the ROC on 31 Mar 2023.