Payel Motors Private Limited

Payel Motors Private Limited

Manufacturer and distributor of motorcycles, scooters, and vehicle parts and accessories since 2008.
2008 | Midnapore, West Bengal (India) | Active

Last Updated:

November 16, 2024
HomeCompanyPayel Motors Private Limited

Who are the key members and board of directors at Payel Motors?

Board Members(2)

NameDesignationAppointment DateStatus
Prasanta Mavai In Director 22-Jul-2008Current
Rinku Mavai In Director 22-Jul-2008Current

Financial Performance of Payel Motors.

Payel Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.44% increase. The company also saw a slight decrease in profitability, with a 8.41% decrease in profit. The company's net worth Soared by an impressive increase of 17.95%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.44%
Revenue from Operations
14.11%
Total Assets
33.87%
Profit or Loss
-8.41%
Net Worth
17.95%
EBITDA
-58.87%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹95.56 M

₹4.90 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 11 Feb 2016
₹9.56 CrOpen

Punjab National Bank

Creation Date: 10 Sep 2012
₹4.90 MSatisfied

How Many Employees Work at Payel Motors?

Payel Motors has a workforce of 33 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.

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Latest Updates, News, and FAQs on Payel Motors

Recent activity within the organization

  • Annual General Meeting

    Payel Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Payel Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 10 Sep 2012 via Charge ID 10379439 with Punjab National Bank was fully satisfied on 07 Nov 2023.

    07 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 95.56 M registered on 11 Feb 2016 with Charge ID 100024692 was modified on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 95.56 M with Charge ID 100024692 was registered on 11 Feb 2016.

    11 Feb 2016

  • Charges

    A charge with Punjab National Bank amounted to Rs. 4.90 M with Charge ID 10379439 was registered on 10 Sep 2012.

    10 Sep 2012

Frequently asked questions

  • Payel Motors Private Limited was incorporated on 22 Jul 2008.

  • The authorized share capital of Payel Motors Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Payel Motors Private Limited.

    • Prasanta Mavai
    • Rinku Rani Das Mavai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Payel Motors Private Limited is Vill - Barpadumbasan, P. O. Tamluk Dist Purba India, Medinipur, West Bengal, 721636.

  • The corporate identification number (CIN) of Payel Motors Private Limited is U34103WB2008PTC127740 and the company number is 127740 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Payel Motors Private Limited has risen by 14.44%.

  • As Per 2023 financial reports, 33 employees are currently employed by Payel Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Payel Motors Private Limited has experienced an upsurge of 17.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Payel Motors Private Limited amount to ₹ 9.56 Cr.

  • The most recent Balance Sheet for Payel Motors Private Limited was filed with the ROC on 31 Mar 2024.

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