Planet Automotive Private Limited
Auto dealer for HMIL and SMIPL, founded in 2005 by Sukhbir Singh Bagga and Ishwar Singh Bagga.
2005 | Ahmedabad, Gujarat (India) | Active
Planet Automotive Profile
Key Indicators
- Authorised Capital ₹ 12.05 Cr
- Paid Up Capital ₹ 12.05 Cr
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 75.80 Cr
- Satisfied Charges ₹ 27.03 Cr
- Revenue Growth 16.19%
- Profit Growth -40.13%
- Ebitda -474.45%
- Net Worth 29.01%
- Total Assets -6.08%
About Planet Automotive
Planet Automotive Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 August 2005 and has a history of 19 years and six months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 12.05 Cr and a paid-up capital of Rs 12.05 Cr.
The company currently has active open charges totaling ₹75.80 Cr. The company has closed loans amounting to ₹27.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Khushboo Bagga, Sukhbirsingh Bagga, and Ishwarsingh Bagga serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50300GJ2005PTC046634
- Company No.
046634
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Aug 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Automotive
What products or services does Planet Automotive Private Limited offer?
Planet Automotive Private Limited offers a wide range of products and services, including Motorcycle, Sport Motorcycle, Motorcycles and Cars, Scooter, Yamaha Scooter, Yamaha Bike, Racing Bike.
Who are the key members and board of directors at Planet Automotive?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sukhbirsingh Bagga  | Managing Director | 22-Aug-2005 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Khushboo Bagga | Director | 24-Aug-2018 | Current |
| Ishwarsingh Bagga | Director | 22-Aug-2005 | Current |
Financial Performance of Planet Automotive.
Planet Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.19% increase. The company also saw a substantial fall in profitability, with a 40.13% decrease in profit. The company's net worth Soared by an impressive increase of 29.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Planet Automotive?
In 2023, Planet Automotive 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)
Petal Automotion LlpKhushboo Bagga, Sukhbirsingh Bagga and 1 more are mutual person
- Prive Motocorp Llp
Khushboo Bagga and Sukhbirsingh Bagga are mutual person
- Bagga Luxury Motorcars Llp
Khushboo Bagga and Sukhbirsingh Bagga are mutual person
- Petal Motocon Private Limited
Khushboo Bagga and Sukhbirsingh Bagga are mutual person
- Trustglobal Technologies Private Limited
Khushboo Bagga and Sukhbirsingh Bagga are mutual person
- Bhaskara Automotion Private Limited
Khushboo Bagga is a mutual person
Charges (Loans)
Open Charges
₹75.80 Cr
Satisfied Charges
₹27.03 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 29.80 Cr
- State Bank Of India : 28.80 Cr
- Others : 17.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2023 | Others | ₹9.20 Cr | Open |
| 12 Jul 2018 | Hdfc Bank Limited | ₹1.40 Cr | Open |
| 02 Nov 2017 | Others | ₹8.00 Cr | Open |
| 06 Sep 2017 | Hdfc Bank Limited | ₹13.50 Cr | Open |
| 18 May 2016 | Hdfc Bank Limited | ₹1.40 Cr | Open |
How Many Employees Work at Planet Automotive?
Planet Automotive has a workforce of 60 employees as of Apr 06, 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 Planet Automotive, 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 Planet Automotive'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.
