Patel Cars Private Limited

Authorized dealer and service provider for Honda cars in Kerala, with showroom in Cochin.

1997 | Ernakulam, Kerala (India) | Active
Last Updated:

Patel Cars Profile

Key Indicators

  • Authorised Capital ₹ 2.23 Cr
  • Paid Up Capital ₹ 2.17 Cr
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 63.82 Cr
  • Satisfied Charges ₹ 117.27 Cr
  • Revenue Growth 57.01%
  • Profit Growth 632.07%
  • Ebitda 299.04%
  • Net Worth 848.10%
  • Total Assets -3.67%

About Patel Cars

Patel Cars Private Limited (PCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 June 1997 and has a history of 27 years and nine months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Patel Cars Limited. 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 2.23 Cr and a paid-up capital of Rs 2.17 Cr.

The company currently has active open charges totaling ₹63.82 Cr. The company has closed loans amounting to ₹117.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinod Patel, Mitesh Patel, Bharat Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U60221KL1997PTC011516

  • Company No.

    011516

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mitesh Patel Country flag representing In Managing Director10-Jun-1997Current

Board Members (3)

NameDesignationAppointment DateStatus
Vinod Patel Country flag representing In Director 04-Jul-2003Current
Bharat Patel Country flag representing In Director 10-Jun-1997Current
Krishnaben Patel Country flag representing In Director 18-Jun-2004Current

Financial Performance of Patel Cars.

Patel Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.01% increase. The company also saw a substantial improvement in profitability, with a 632.07% increase in profit. The company's net worth Soared by an impressive increase of 848.1%.

Patel Cars revenue growth over time
Patel Cars 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
57.01%
Revenue from Operations
59.30%
Total Assets
-3.67%
Profit or Loss
632.07%
Net Worth
848.10%
EBITDA
299.04%

What is the Ownership and Shareholding Structure of Patel Cars?

In 2023, Patel Cars had a promoter holding of 75.08% and a public holding of 24.91%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.82 Cr

Satisfied Charges

₹117.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 48.60 Cr
  • Standard Chartered Bank : 10.03 Cr
  • Kotak Mahindra Bank Limited : 4.20 Cr
  • Bank Of India : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2024Others₹1.42 CrOpen
24 Jan 2024Others₹1.78 MOpen
23 Jan 2024Others₹2.30 CrOpen
13 Mar 2023Standard Chartered Bank₹5.25 MOpen
19 Jul 2020Standard Chartered Bank₹9.50 CrOpen

How Many Employees Work at Patel Cars?

Patel Cars has a workforce of 54 employees as of Apr 04, 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.

Employee growth trends for Patel Cars Private Limited

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

  • Charges

    A charge registered on 30 Jun 2022 via Charge ID 100596466 with Others was fully satisfied on 22 Feb 2024.

  • Charges

    A charge registered on 30 Jun 2022 via Charge ID 100596478 with Others was fully satisfied on 22 Feb 2024.

  • Charges

    A charge registered on 30 Jun 2022 via Charge ID 100596481 with Others was fully satisfied on 22 Feb 2024.

  • Charges

    A charge registered on 30 Jun 2022 via Charge ID 100596489 with Others was fully satisfied on 22 Feb 2024.

  • Charges

    A charge registered on 30 Jun 2022 via Charge ID 100596491 with Others was fully satisfied on 22 Feb 2024.

  • Charges

    A charge registered on 30 Jun 2022 via Charge ID 100596475 with Others was fully satisfied on 17 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Patel Cars Private Limited?

    Patel Cars Private Limited was incorporated on 10 Jun 1997.

  • What is authorized share capital and paid-up capital of Patel Cars Private Limited?

    The authorized share capital of Patel Cars Private Limited is ₹ 2.23 Cr and paid-up capital is ₹ 2.17 Cr.

  • Who are the current board members & directors of Patel Cars Private Limited?

    Currently 4 directors are associated with Patel Cars Private Limited.

    • Vinod Babulal Patel
    • Mitesh Kantilal Patel
    • Bharat Kantilal Patel
    • Krishnaben Kantilal Patel

  • What is the registered address of Patel Cars Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Patel Cars Private Limited is Suite Nos 205 206Iind Floor Pioneer Towers Marine Drive India, Ernakulam, Kerala, 682031.

  • What is the corporate identification number (CIN) and company number of Patel Cars Private Limited?

    The corporate identification number (CIN) of Patel Cars Private Limited is U60221KL1997PTC011516 and the company number is 011516 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Patel Cars Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Patel Cars Private Limited has risen by 57.01%.

  • How many employees does Patel Cars Private Limited currently have?

    As Per 2023 financial reports, 54 employees are currently employed by Patel Cars Private Limited.

  • What change has been observed in the net worth of Patel Cars Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Patel Cars Private Limited has experienced an upsurge of 848.10%.

  • What are the total open charges for Patel Cars Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Patel Cars Private Limited amount to ₹ 63.82 Cr.

  • When was the last Balance Sheet of Patel Cars Private Limited filed with the ROC?

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

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