Parsoli Motor Works Private Limited

Sells BMW cars as an authorized dealer.

2007 | Ahmedabad, Gujarat (India) | Under Insolvency
Last Updated: January 15, 2025

Who are the key members and board of directors at Parsoli Motor Works?

Executive Team (1)

NameDesignationAppointment DateStatus
Talha Sareshwala Country flag representing InManaging Director07-Feb-2008Current

Board Members (2)

NameDesignationAppointment DateStatus
Habib Sareshwala Country flag representing In Director 01-Jun-2013Current
Umar Sareshwala Country flag representing In Director 01-Oct-2011Current

Financial Performance of Parsoli Motor Works.

Parsoli Motor Works Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 41.87% decrease. The company also saw a substantial improvement in profitability, with a 11.93% increase in profit. The company's net worth observed a substantial decline by a decrease of 97.99%.

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
-41.87%
Revenue from Operations
-41.87%
Total Assets
-37.50%
Profit or Loss
11.93%
Net Worth
-97.99%
EBITDA
26.16%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹80.10 Cr

Satisfied Charges

₹6.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 80.10 Cr

Latest Charge Details

DateLenderAmountStatus
11 May 2017Others₹20.00 CrOpen
13 Apr 2014Others₹5.10 CrOpen
15 Nov 2010Others₹35.00 CrOpen
15 Nov 2010Others₹9.00 CrOpen
09 Feb 2008Others₹11.00 CrOpen

How Many Employees Work at Parsoli Motor Works?

Unlock and access historical data on people associated with Parsoli Motor Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Parsoli Motor Works

Recent activity within the organization

  • Annual General Meeting

    Parsoli Motor Works Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.

    30 Sep 2018

  • Balance Sheet

    Parsoli Motor Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Charges

    A charge registered on 15 Dec 2016 via Charge ID 100067633 with Others was fully satisfied on 16 Dec 2017.

    16 Dec 2017

  • Charges

    A charge registered on 15 Dec 2016 via Charge ID 100067638 with Others was fully satisfied on 16 Dec 2017.

    16 Dec 2017

  • Charges

    A charge registered on 15 Dec 2016 via Charge ID 100067643 with Others was fully satisfied on 16 Dec 2017.

    16 Dec 2017

  • Charges

    A charge registered on 15 Dec 2016 via Charge ID 100067829 with Others was fully satisfied on 16 Dec 2017.

    16 Dec 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Parsoli Motor Works Private Limited was incorporated on 21 Aug 2007.

  • The authorized share capital of Parsoli Motor Works Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 9.10 Cr.

  • Currently 3 directors are associated with Parsoli Motor Works Private Limited.

    • Talha Yunus Sareshwala
    • Habib Zafar Sareshwala
    • Umar Uves Sareshwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parsoli Motor Works Private Limited is B-7 4Th Floor Shalimar Complex Mahalaxmi, Paldi India, Ahmedabad, Gujarat, 380007.

  • The corporate identification number (CIN) of Parsoli Motor Works Private Limited is U29199GJ2007PTC051546 and the company number is 051546 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parsoli Motor Works Private Limited is https://www.parsoli.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Parsoli Motor Works Private Limited has fallen by -41.87%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Parsoli Motor Works Private Limited has experienced an downturn of -97.99%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Parsoli Motor Works Private Limited amount to ₹ 80.10 Cr.

  • The most recent Balance Sheet for Parsoli Motor Works Private Limited was filed with the ROC on 31 Mar 2018.

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