Parklane Auto Private Limited

Authorized dealer of Renault vehicles, providing sales, services, finance, warranty, insurance, and accessories.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Parklane Auto Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.75 Cr
  • Satisfied Charges ₹ 82.00 Cr
  • Revenue Growth -13.96%
  • Profit Growth -99.26%
  • Ebitda -132.61%
  • Net Worth -119.09%
  • Total Assets -4.75%

About Parklane Auto

Parklane Auto Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 2012 and has a history of 12 years and seven months. 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 3.50 Cr and a paid-up capital of Rs 3.50 Cr.

The company currently has active open charges totaling ₹13.75 Cr. The company has closed loans amounting to ₹82.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Baljeetsingh Bagga and Inderpreet Saluja serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50404GJ2012PTC071924

  • Company No.

    071924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive
Company report

Parklane Auto Private Limited

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

Who are the key members and board of directors at Parklane Auto?

Board Members (2)

NameDesignationAppointment DateStatus
Inderpreet Saluja Country flag representing In Director 12-Sep-2012Current
Baljeetsingh Bagga Country flag representing In Director 16-Aug-2013Current

Financial Performance of Parklane Auto.

Parklane Auto Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.96% decrease. The company also saw a substantial fall in profitability, with a 99.26% decrease in profit. The company's net worth observed a substantial decline by a decrease of 119.09%.

Parklane Auto revenue growth over time
Parklane Auto 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
-13.96%
Revenue from Operations
-14.04%
Total Assets
-4.75%
Profit or Loss
-99.26%
Net Worth
-119.09%
EBITDA
-132.61%

What is the Ownership and Shareholding Structure of Parklane Auto?

In 2023, Parklane Auto 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

₹13.75 Cr

Satisfied Charges

₹82.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.00 Cr
  • Hdfc Bank Limited : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 2023Others₹12.00 CrOpen
28 Oct 2021Hdfc Bank Limited₹1.75 CrOpen
20 Dec 2021Hdfc Bank Limited₹18.00 CrSatisfied
27 Mar 2015Others₹24.00 CrSatisfied
28 Jan 2014Icici Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Parklane Auto?

Parklane Auto has a workforce of 81 employees as of Mar 27, 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 Parklane Auto Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parklane Auto, 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 Parklane Auto'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 Parklane Auto

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1.75 Cr registered on 28 Oct 2021 with Charge ID 100501031 was modified on 04 Oct 2023.

  • Annual General Meeting

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

  • Charges

    A charge registered on 20 Dec 2021 via Charge ID 100512944 with Hdfc Bank Limited was fully satisfied on 23 Jun 2023.

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100734665 was registered on 08 May 2023.

  • Balance Sheet

    Parklane Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 27 Mar 2015 via Charge ID 10567082 with Others was fully satisfied on 27 Dec 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Parklane Auto Private Limited?

    Parklane Auto Private Limited was incorporated on 12 Sep 2012.

  • What is authorized share capital and paid-up capital of Parklane Auto Private Limited?

    The authorized share capital of Parklane Auto Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.50 Cr.

  • Who are the current board members & directors of Parklane Auto Private Limited?

    Currently 2 directors are associated with Parklane Auto Private Limited.

    • Baljeetsingh Surjitsingh Bagga
    • Inderpreet Singh Saluja

  • What is the registered address of Parklane Auto Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parklane Auto Private Limited is Show Room No.1 Ground Floor Shaival Complex Mondeal Retail Park Opp.Safal Bodakdev, India, Ahmedabad, Gujarat, 380015.

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

    The corporate identification number (CIN) of Parklane Auto Private Limited is U50404GJ2012PTC071924 and the company number is 071924 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Parklane Auto Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Parklane Auto Private Limited has fallen by -13.96%.

  • How many employees does Parklane Auto Private Limited currently have?

    As Per 2023 financial reports, 81 employees are currently employed by Parklane Auto Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Parklane Auto Private Limited has experienced an downturn of -119.09%.

  • What are the total open charges for Parklane Auto Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Parklane Auto Private Limited amount to ₹ 13.75 Cr.

  • When was the last Balance Sheet of Parklane Auto Private Limited filed with the ROC?

    The most recent Balance Sheet for Parklane Auto Private Limited was filed with the ROC on 31 Mar 2023.

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