Patel Auto Services Private Ltd

Authorized service center for Mercedes-Benz vehicles, providing spare parts, tools, and equipment for automobile workshop.

1972 | Active
Last Updated: November 16, 2024

Patel Auto Services Profile

Key Indicators

  • Authorised Capital ₹ 0.60 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 52 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.20 Cr
  • Satisfied Charges ₹ 3.95 M
  • Revenue Growth -1.00%
  • Profit Growth -34.94%
  • Ebitda -0.31%
  • Net Worth 1.51%
  • Total Assets 5.89%

About Patel Auto Services

Patel Auto Services Private Ltd (PASPL) was founded in India on 22 September 1972 and has a glorious history of 52 years and four months. Its registered office is in Na, Delhi.

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 0.60 M and a paid-up capital of Rs 0.60 M.

The company currently has active open charges totaling ₹4.20 Cr. The company has closed loans amounting to ₹3.95 M, as per Ministry of Corporate Affairs (MCA) records.

Minesh Patel, Ravindra Patel, and Mukul Patel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50200DL1972PTC006302

  • Company No.

    006302

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1972

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

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

Board Members (3)

Name Designation Appointment Date Status
Minesh Patel Country flag representing In Director 27-Sep-2012 Current
Ravindra Patel Country flag representing Ke Director 13-Aug-2001 Current
Mukul Patel Country flag representing In Director 27-Sep-2012 Current

Financial Performance of Patel Auto Services.

Patel Auto Services Private Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1% decrease. The company also saw a substantial fall in profitability, with a 34.94% decrease in profit. The company's net worth moved up by a moderate rise of 1.51%.

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
-1.00%
Revenue from Operations
-0.39%
Total Assets
5.89%
Profit or Loss
-34.94%
Net Worth
1.51%
EBITDA
-0.31%

What is the Ownership and Shareholding Structure of Patel Auto Services?

In 2023, Patel Auto Services 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

₹41.98 M

Satisfied Charges

₹3.95 M

Charges Breakdown by Lending Institutions

  • Bank Of India Limited : 2.30 Cr
  • Bank Of India : 1.80 Cr
  • Axis Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2019 Axis Bank Limited ₹0.98 M Open
16 Jan 2007 Bank Of India Limited ₹1.30 Cr Open
16 Jan 2007 Bank Of India ₹5.50 M Open
05 Apr 2006 Bank Of India ₹1.25 Cr Open
05 Apr 2006 Bank Of India Limited ₹1.00 Cr Open

How Many Employees Work at Patel Auto Services?

Patel Auto Services has a workforce of 39 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Bank Of India of Rs. 12.50 M registered on 05 Apr 2006 with Charge ID 10005393 was modified on 06 Jun 2023.

    06 Jun 2023

  • Balance Sheet

    Patel Auto Services Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 22 Jul 2014 via Charge ID 10511296 with Bank Of India was fully satisfied on 22 Jun 2020.

    22 Jun 2020

  • Charges

    A charge registered on 27 Jun 2014 via Charge ID 10510630 with Bank Of India was fully satisfied on 22 Jun 2020.

    22 Jun 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.98 M with Charge ID 100283359 was registered on 30 May 2019.

    30 May 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Patel Auto Services Private Ltd was incorporated on 22 Sep 1972.

  • The authorized share capital of Patel Auto Services Private Ltd is ₹ 0.60 M and paid-up capital is ₹ 0.60 M.

  • Currently 3 directors are associated with Patel Auto Services Private Ltd.

    • Minesh Sudhirbhai Patel
    • Ravindra Kumar Nandu Bhai Patel
    • Mukul Rai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Auto Services Private Ltd is 10-B Rajendra Place Eastpatel Gar, New . India, Na, Delhi.

  • The corporate identification number (CIN) of Patel Auto Services Private Ltd is U50200DL1972PTC006302 and the company number is 006302 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patel Auto Services Private Ltd is https://www.mercedes-benz.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patel Auto Services Private Ltd has fallen by -1.00%.

  • As Per 2023 financial reports, 39 employees are currently employed by Patel Auto Services Private Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patel Auto Services Private Ltd has experienced an upsurge of 1.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patel Auto Services Private Ltd amount to ₹ 4.20 Cr.

  • The most recent Balance Sheet for Patel Auto Services Private Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Auto Dealership & Trading