Patel Cars Profile
Key Indicators
- Authorised Capital ₹ 2.23 Cr
- Paid Up Capital ₹ 2.17 Cr
- Company Age 27 Year, 7 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 seven 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
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Location
Ernakulam, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U60221KL1997PTC011516
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Company No.
011516
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Jun 1997
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Patel Cars?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mitesh Patel
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Managing Director | 10-Jun-1997 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vinod Patel
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Director | 04-Jul-2003 | Current |
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Bharat Patel
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Director | 10-Jun-1997 | Current |
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Krishnaben Patel
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Director | 18-Jun-2004 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Patel Veneers Private LimitedVinod Patel, Mitesh Patel and 1 more are mutual person
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K P Cars Private LimitedVinod Patel, Mitesh Patel and 1 more are mutual person
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Patel Babulal Pranlal Timber Products Private LimitedVinod Patel, Mitesh Patel and 1 more are mutual person
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Bharatkumar Patel Timber Products Private Limited
Vinod Patel, Mitesh Patel and 1 more are mutual person
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Shinrai Automobiles Private Limited
Vinod Patel, Mitesh Patel and 1 more are mutual person
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Excelsior Automobiles Private Limited
Vinod Patel, Mitesh Patel and 1 more are mutual person
Charges (Loans)
₹63.82 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2024 | Others | ₹1.42 Cr | Open |
| 24 Jan 2024 | Others | ₹1.78 M | Open |
| 23 Jan 2024 | Others | ₹2.30 Cr | Open |
| 13 Mar 2023 | Standard Chartered Bank | ₹5.25 M | Open |
| 19 Jul 2020 | Standard Chartered Bank | ₹9.50 Cr | Open |
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.
Deals i
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
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
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.
