Parveen Automobiles Private Limited

Auto parts and repair company with a large service network and specialized facilities.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 23, 2024

Parveen Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.01 Cr
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.72 Cr
  • Satisfied Charges ₹ 11.30 Cr
  • Revenue Growth -56.99%
  • Profit Growth 14.51%
  • Ebitda -140.74%
  • Net Worth -26.61%
  • Total Assets -10.00%

About Parveen Automobiles

Parveen Automobiles Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 August 2007 and has a history of 17 years and five months. Its registered office is in Chennai, Tamil Nadu, 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 3.00 Cr and a paid-up capital of Rs 2.01 Cr.

The company currently has active open charges totaling ₹2.72 Cr. The company has closed loans amounting to ₹11.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aarif, Sadiq Allah, Aslam, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50103TN2007PTC064491

  • Company No.

    064491

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Sadiq Allah Country flag representing In Managing Director 20-Aug-2007 Current

Board Members (3)

Name Designation Appointment Date Status
Afzal Country flag representing In Director 20-Aug-2007 Current
Aarif Country flag representing In Director 20-Aug-2007 Current
Aslam Country flag representing In Director 20-Aug-2007 Current

Financial Performance of Parveen Automobiles.

Parveen Automobiles Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 56.99% decrease. The company also saw a substantial improvement in profitability, with a 14.51% increase in profit. The company's net worth observed a substantial decline by a decrease of 26.61%.

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
-56.99%
Revenue from Operations
-53.64%
Total Assets
-10.00%
Profit or Loss
14.51%
Net Worth
-26.61%
EBITDA
-140.74%

What is the Ownership and Shareholding Structure of Parveen Automobiles?

In 2022, Parveen Automobiles 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

₹2.72 Cr

Satisfied Charges

₹11.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.72 Cr

Latest Charge Details

Date Lender Amount Status
11 Dec 2021 Others ₹6.03 M Open
11 Dec 2021 Others ₹5.21 M Open
11 Dec 2021 Others ₹1.60 Cr Open
12 Jun 2015 Tamilnad Mercantile Bank Limited ₹4.84 Cr Satisfied
30 Sep 2013 The Jammu & Kashmir Bank Limited ₹3.00 Cr Satisfied

How Many Employees Work at Parveen Automobiles?

Unlock and access historical data on people associated with Parveen 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 Parveen 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 Parveen 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 Parveen Automobiles

Recent activity within the organization

  • Charges

    A charge registered on 12 Jun 2015 via Charge ID 10580422 with Tamilnad Mercantile Bank Limited was fully satisfied on 20 Jan 2024.

    20 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Parveen Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 4.84 Cr registered on 12 Jun 2015 with Charge ID 10580422 was modified on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100519558 was registered on 11 Dec 2021.

    11 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 0.52 Cr with Charge ID 100519623 was registered on 11 Dec 2021.

    11 Dec 2021

Frequently asked questions

  • Parveen Automobiles Private Limited was incorporated on 20 Aug 2007.

  • The authorized share capital of Parveen Automobiles Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.01 Cr.

  • Currently 4 directors are associated with Parveen Automobiles Private Limited.

    • Aarif
    • Sadiq Baksh Allah
    • Aslam
    • Afzal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parveen Automobiles Private Limited is 148 Perambur Barracks Road Puraswalkam India, Chennai, Tamil Nadu, 600007.

  • The corporate identification number (CIN) of Parveen Automobiles Private Limited is U50103TN2007PTC064491 and the company number is 064491 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parveen Automobiles Private Limited is https://www.parveenautomobiles.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Parveen Automobiles Private Limited has fallen by -56.99%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parveen Automobiles Private Limited has experienced an downturn of -26.61%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Parveen Automobiles Private Limited amount to ₹ 2.72 Cr.

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