Patel Cars Private Limited

Provides motor vehicle parts, maintenance, repair, and various services such as diagnostics and customisations.

2003 | Delhi (India) | Active
Last Updated: December 06, 2024

Patel Cars Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.05 M
  • Revenue Growth 14.11%
  • Profit Growth 125.06%
  • Ebitda 35.64%
  • Net Worth 8.67%
  • Total Assets -16.08%

About Patel Cars

Patel Cars Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 2003 and has a history of 21 years and seven months. Its registered office is in Delhi, 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.05 M.

Mihir Patel and Rashmi Patel serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50300DL2003PTC121068

  • Company No.

    121068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 2003

  • 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 Cars?

Board Members (2)

Name Designation Appointment Date Status
Mihir Patel Country flag representing Ke Director 25-Jun-2003 Current
Rashmi Patel Country flag representing In Director 25-Jun-2003 Current

Financial Performance of Patel Cars.

Patel Cars Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.11% increase. The company also saw a substantial improvement in profitability, with a 125.06% increase in profit. The company's net worth moved up by a moderate rise of 8.67%.

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
14.11%
Revenue from Operations
48.07%
Total Assets
-16.08%
Profit or Loss
125.06%
Net Worth
8.67%
EBITDA
35.64%

What is the Ownership and Shareholding Structure of Patel Cars?

In 2022, Patel Cars 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

₹2.05 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.21 Cr

Latest Charge Details

Date Lender Amount Status
04 Feb 2023 Hdfc Bank Limited ₹2.05 M Open

How Many Employees Work at Patel Cars?

Patel Cars has a workforce of 153 employees as of Apr 08, 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 Cars, 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 Cars'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 Cars

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Patel Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.05 M with Charge ID 100705003 was registered on 04 Feb 2023.

    04 Feb 2023

  • Director Appointment

    Mihir Kumar Patel was appointed as a Director was appointed as a Director on 25 Jun 2003 & has been associated with this company since 21 years 7 months .

    25 Jun 2003

  • Director Appointment

    Rashmi Patel was appointed as a Director was appointed as a Director on 25 Jun 2003 & has been associated with this company since 21 years 7 months .

    25 Jun 2003

  • Company Incorporation

    Patel Cars Private Limited was registered on 25 Jun 2003 with Roc Delhi & aged 21 years 7 months as per MCA records.

    25 Jun 2003

Frequently asked questions

  • Patel Cars Private Limited was incorporated on 25 Jun 2003.

  • The authorized share capital of Patel Cars Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

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

    • Mihir Kumar Patel
    • Rashmi Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Cars Private Limited is 10-B Rajinder Place, India, New Delhi, 110008.

  • The corporate identification number (CIN) of Patel Cars Private Limited is U50300DL2003PTC121068 and the company number is 121068 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patel Cars Private Limited is https://www.patelcars.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Patel Cars Private Limited has risen by 14.11%.

  • As Per 2022 financial reports, 153 employees are currently employed by Patel Cars Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Patel Cars Private Limited has experienced an upsurge of 8.67%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Patel Cars Private Limited amount to ₹ 2.05 M.

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

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