Payel Motors Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.56 Cr
- Satisfied Charges ₹ 4.90 M
- Revenue Growth 14.44%
- Profit Growth -8.41%
- Ebitda -58.87%
- Net Worth 17.95%
- Total Assets 33.87%
About Payel Motors
Payel Motors Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 July 2008 and has a history of 16 years and six months. Its registered office is in Midnapore, West Bengal, India.
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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹9.56 Cr. The company has closed loans amounting to ₹4.90 M, as per Ministry of Corporate Affairs (MCA) records.
Prasanta Mavai and Rinku Mavai serve as directors at the Company.
Company Details
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Location
Midnapore, West Bengal, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U34103WB2008PTC127740
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Company No.
127740
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Jul 2008
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Payel Motors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasanta Mavai
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Director | 22-Jul-2008 | Current |
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Rinku Mavai
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Director | 22-Jul-2008 | Current |
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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What is the Ownership and Shareholding Structure of Payel Motors?
In 2023, Payel Motors 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)
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Prasanta Motors Private LimitedPrasanta Mavai and Rinku Mavai are mutual person
Charges (Loans)
₹95.56 M
₹4.90 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 9.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 2016 | Hdfc Bank Limited | ₹9.56 Cr | Open |
| 10 Sep 2012 | Punjab National Bank | ₹4.90 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Payel Motors, 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 Payel Motors'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.