Patel Motors (Indore) Profile
Key Indicators
- Authorised Capital ₹ 4.99 Cr
as on 15-11-2024
- Paid Up Capital ₹ 3.00 Cr
as on 15-11-2024
- Company Age 31 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 200.25 Cr
as on 15-11-2024
- Satisfied Charges ₹ 121.34 Cr
as on 15-11-2024
- Revenue 34.97%
(FY 2023)
- Profit 16.36%
(FY 2023)
- Ebitda 54.97%
(FY 2023)
- Net Worth 36.86%
(FY 2023)
- Total Assets 26.72%
(FY 2023)
About Patel Motors (Indore)
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.
- 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
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Patel Motors (Indore)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvind Patel  | Managing Director | 21-Dec-1994 | Current |
| Akshay Jain | Company Secretary | 17-Jan-2023 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manisha Patel | Director | 30-Apr-1993 | Current |
| Pravin Patel | Director | 21-Dec-1994 | Current |
| Vallabh Patel | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Patel Automotors Private LimitedActive 6 years 4 months
Pravin Patel and Vallabh Patel are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 02 May 2023 | ₹20.00 Cr | Open |
Axis Bank Limited Creation Date: 18 Apr 2023 | ₹7.50 Cr | Open |
Axis Bank Limited Creation Date: 30 Mar 2023 | ₹5.00 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.
Deals i
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
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.
