Patel Motors (Indore) Pvt Ltd

Authorized dealership for tractors, trucks, buses, and vehicles with showrooms, workshops, and driving school.

1993 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 15, 2024

Patel Motors (Indore) Profile

Key Indicators

  • Authorised Capital ₹ 4.99 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 200.25 Cr
  • Satisfied Charges ₹ 121.34 Cr
  • Revenue Growth 34.97%
  • Profit Growth 16.36%
  • Ebitda 54.97%
  • Net Worth 36.86%
  • Total Assets 26.72%

About Patel Motors (Indore)

Patel Motors (Indore) Pvt Ltd (PMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 1993 and has a history of 31 years and nine months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Patel Motors (Indore) Ltd. 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 4.99 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹200.25 Cr. The company has closed loans amounting to ₹121.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Patel Motors (Indore) Pvt Ltd India is Akshay Jain as COMPANY SECRETARY. Arvind Patel, Manisha Patel, Pravin Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50103MP1993PTC007653

  • Company No.

    007653

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Automotive

Who are the key members and board of directors at Patel Motors (Indore)?

Executive Team (2)

Name Designation Appointment Date Status
Arvind Patel Country flag representing In Managing Director 21-Dec-1994 Current
Akshay Jain Company Secretary 17-Jan-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Manisha Patel Country flag representing In Director 30-Apr-1993 Current
Pravin Patel Country flag representing In Director 21-Dec-1994 Current
Vallabh Patel Country flag representing In Director 30-Apr-1993 Current

Financial Performance of Patel Motors (Indore).

Patel Motors (Indore) Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 34.97% increase. The company also saw a substantial improvement in profitability, with a 16.36% increase in profit. The company's net worth Soared by an impressive increase of 36.86%.

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
34.97%
Revenue from Operations
35.93%
Total Assets
26.72%
Profit or Loss
16.36%
Net Worth
36.86%
EBITDA
54.97%

What is the Ownership and Shareholding Structure of Patel Motors (Indore)?

In 2023, Patel Motors (Indore) 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

₹200.25 Cr

Satisfied Charges

₹121.34 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 113.75 Cr
  • Others : 74.00 Cr
  • Axis Bank Limited : 12.50 Cr

Latest Charge Details

Date Lender Amount Status
02 May 2023 Others ₹20.00 Cr Open
18 Apr 2023 Axis Bank Limited ₹7.50 Cr Open
30 Mar 2023 Axis Bank Limited ₹5.00 Cr Open
30 Jul 2021 Hdfc Bank Limited ₹7.50 M Open
30 Nov 2019 Others ₹52.00 Cr Open

How Many Employees Work at Patel Motors (Indore)?

Patel Motors (Indore) has a workforce of 1178 employees as of Apr 07, 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 Motors (Indore), 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 Motors (Indore)'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 Motors (Indore)

Recent activity within the organization

  • Annual General Meeting

    Patel Motors (Indore) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 29 Jul 2015 via Charge ID 10600364 with Hdfc Bank Limited was fully satisfied on 06 Sep 2024.

    06 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 113.00 Cr registered on 17 Oct 2015 with Charge ID 10600917 was modified on 19 Jul 2024.

    19 Jul 2024

  • Charges

    A charge registered on 31 Jul 2021 via Charge ID 100472223 with Hdfc Bank Limited was fully satisfied on 25 Apr 2024.

    25 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.00 Cr registered on 29 Jul 2015 with Charge ID 10600364 was modified on 02 Apr 2024.

    02 Apr 2024

  • Balance Sheet

    Patel Motors (Indore) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

Frequently asked questions

  • Patel Motors (Indore) Pvt Ltd was incorporated on 30 Apr 1993.

  • The authorized share capital of Patel Motors (Indore) Pvt Ltd is ₹ 4.99 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 5 directors are associated with Patel Motors (Indore) Pvt Ltd.

    • Arvind Bhai Patel
    • Manisha Ben Patel
    • Pravin Patel
    • Vallabh Bhai Patel
    • Akshay Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Motors (Indore) Pvt Ltd is 96-97 Maharani Road India, Indore, Madhya Pradesh, 452007.

  • The corporate identification number (CIN) of Patel Motors (Indore) Pvt Ltd is U50103MP1993PTC007653 and the company number is 007653 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patel Motors (Indore) Pvt Ltd is https://www.patelmotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patel Motors (Indore) Pvt Ltd has risen by 34.97%.

  • As Per 2023 financial reports, 1178 employees are currently employed by Patel Motors (Indore) Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patel Motors (Indore) Pvt Ltd has experienced an upsurge of 36.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patel Motors (Indore) Pvt Ltd amount to ₹ 200.25 Cr.

  • The most recent Balance Sheet for Patel Motors (Indore) Pvt Ltd was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Auto Dealership & Trading