Patel Automotive Private Limited

Authorized dealer of Hyundai motor vehicles, trading and selling various models.

2014 | Bhavnagar, Gujarat (India) | Active
Last Updated: November 16, 2024

Patel Automotive Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.75 Cr
  • Revenue Growth 14.24%
  • Profit Growth -6.35%
  • Ebitda -8.90%
  • Net Worth 13.77%
  • Total Assets -6.89%

About Patel Automotive

Patel Automotive Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 September 2014 and has a history of Ten years and five months. Its registered office is in Bhavnagar, 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 2024. It's a company limited by shares with an authorized capital of Rs 4.50 M and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹16.75 Cr.

Payal Vaghani and Manan Vaghani serve as directors at the Company.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50100GJ2014PTC080675

  • Company No.

    080675

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Patel Automotive Private Limited offer?

Patel Automotive Private Limited offers a wide range of products and services, including Motorcycles and Cars, Cars, Hyundai Car.

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

Board Members (2)

NameDesignationAppointment DateStatus
Payal Vaghani Country flag representing In Director 02-Sep-2014Current
Manan Vaghani Country flag representing In Director 02-Sep-2014Current

Financial Performance of Patel Automotive.

Patel Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.24% increase. The company also saw a slight decrease in profitability, with a 6.35% decrease in profit. The company's net worth Soared by an impressive increase of 13.77%.

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
14.24%
Revenue from Operations
14.21%
Total Assets
-6.89%
Profit or Loss
-6.35%
Net Worth
13.77%
EBITDA
-8.90%

What is the Ownership and Shareholding Structure of Patel Automotive?

In 2023, Patel 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

₹167.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.75 Cr
  • Others : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2018Others₹6.00 CrOpen
03 Mar 2015Hdfc Bank Limited₹10.75 CrOpen

How Many Employees Work at Patel Automotive?

Patel Automotive has a workforce of 13 employees as of Mar 30, 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 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 Patel 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 Patel Automotive

Recent activity within the organization

  • Annual General Meeting

    Patel Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Patel Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 107.50 M registered on 03 Mar 2015 with Charge ID 10554524 was modified on 20 Jan 2024.

    20 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 60.00 M with Charge ID 100223109 was registered on 10 Oct 2018.

    10 Oct 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 107.50 M with Charge ID 10554524 was registered on 03 Mar 2015.

    03 Mar 2015

  • Director Appointment

    Payal Mananbhai Vaghani was appointed as a Director was appointed as a Director on 02 Sep 2014 & has been associated with this company since 10 years 5 months .

    02 Sep 2014

Frequently asked questions

  • Patel Automotive Private Limited was incorporated on 02 Sep 2014.

  • The authorized share capital of Patel Automotive Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.50 M.

  • Currently 2 directors are associated with Patel Automotive Private Limited.

    • Payal Mananbhai Vaghani
    • Manan Nanubhai Vaghani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Automotive Private Limited is Plot No.3/A -Rajkot Road, Chitra India, Bhavnagar, Gujarat, 364003.

  • The corporate identification number (CIN) of Patel Automotive Private Limited is U50100GJ2014PTC080675 and the company number is 080675 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patel Automotive Private Limited has risen by 14.24%.

  • As Per 2023 financial reports, 13 employees are currently employed by Patel Automotive Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patel Automotive Private Limited has experienced an upsurge of 13.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patel Automotive Private Limited amount to ₹ 16.75 Cr.

  • The most recent Balance Sheet for Patel Automotive Private Limited was filed with the ROC on 31 Mar 2024.