Platinoclassic Motors (India) Private Limited

Luxury car dealership and service center offering BMW vehicles and accessories in India.

2007 | Ernakulam, Kerala (India) | Under Liquidation
Last Updated: April 24, 2024

Platinoclassic Motors (India) Profile

Key Indicators

  • Authorised Capital ₹ 11.44 Cr
  • Paid Up Capital ₹ 11.44 Cr
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 71.75 Cr
  • Satisfied Charges ₹ 57.94 Cr
  • Revenue Growth -36.50%
  • Profit Growth -97.20%
  • Ebitda -109.50%
  • Net Worth -28.61%
  • Total Assets -23.20%

About Platinoclassic Motors (India)

Platinoclassic Motors (India) Private Limited (PMIPL) is Under Liquidation company established on 28 May 2007 with its office registered at Ernakulam, Kerala, India and has been running since 17 Year, 8 Months with a paid up capital of 11.44 Cr. According to MCA records, 2 Directors are linked to this company as of 24 Apr 2024.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50100KL2007PTC020847

  • Company No.

    020847

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2007

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

Who are the key members and board of directors at Platinoclassic Motors (India)?

Executive Team (1)

Name Designation Appointment Date Status
Ponnamparambath Ashique Country flag representing In Managing Director 28-May-2007 Current

Board Members (1)

Name Designation Appointment Date Status
Shameena Ashique Country flag representing In Whole-Time Director 10-Sep-2007 Current

Financial Performance of Platinoclassic Motors (India).

Platinoclassic Motors (India) Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 36.5% decrease. The company also saw a substantial fall in profitability, with a 97.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.61%.

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
-36.50%
Revenue from Operations
-36.17%
Total Assets
-23.20%
Profit or Loss
-97.20%
Net Worth
-28.61%
EBITDA
-109.50%

What is the Ownership and Shareholding Structure of Platinoclassic Motors (India)?

In 2019, Platinoclassic Motors (India) 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

₹71.75 Cr

Satisfied Charges

₹57.94 Cr

Charges Breakdown by Lending Institutions

  • Others : 46.00 Cr
  • Bmw India Private Limited : 21.64 Cr
  • Indian Overseas Bank : 1.15 Cr
  • Tata Capital Financial Services Limited : 1.00 Cr
  • Reliance Capital Ltd : 1.00 Cr
  • Others : 0.96 Cr

Latest Charge Details

Date Lender Amount Status
02 May 2018 Indian Overseas Bank ₹1.15 Cr Open
17 May 2017 Others ₹13.00 Cr Open
23 Mar 2017 Others ₹3.00 Cr Open
17 May 2014 Icici Bank Limited ₹9.60 M Open
03 Feb 2014 Others ₹2.50 Cr Open

How Many Employees Work at Platinoclassic Motors (India)?

Platinoclassic Motors (India) has a workforce of 3 employees as of Apr 05, 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 Platinoclassic Motors (India), 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 Platinoclassic Motors (India)'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 Platinoclassic Motors (India)

Recent activity within the organization

  • Annual General Meeting

    Platinoclassic Motors (India) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Platinoclassic Motors (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ernakulam.

    31 Mar 2019

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.15 Cr with Charge ID 100237726 was registered on 02 May 2018.

    02 May 2018

  • Charges

    A charge with Others of Rs. 17.50 Cr registered on 30 Mar 2011 with Charge ID 10311156 was modified on 23 Feb 2018.

    23 Feb 2018

  • Charges

    A charge with Others of Rs. 2.50 Cr registered on 03 Feb 2014 with Charge ID 10480393 was modified on 20 Jun 2017.

    20 Jun 2017

  • Charges

    A charge registered on 09 Nov 2011 via Charge ID 10318256 with The Federal Bank Limited was fully satisfied on 14 Jun 2017.

    14 Jun 2017

Frequently asked questions

  • Platinoclassic Motors (India) Private Limited was incorporated on 28 May 2007.

  • The authorized share capital of Platinoclassic Motors (India) Private Limited is ₹ 11.44 Cr and paid-up capital is ₹ 11.44 Cr.

  • Currently 2 directors are associated with Platinoclassic Motors (India) Private Limited.

    • Shameena Ashique
    • Ponnamparambath Ashique
  • As per Ministry of Corporate Affairs (Mca), the registered address of Platinoclassic Motors (India) Private Limited is No.Ii 6B Nh47 Byepass Road, Maradu P.O, Kochi, Kerala, India, 682304.

  • The corporate identification number (CIN) of Platinoclassic Motors (India) Private Limited is U50100KL2007PTC020847 and the company number is 020847 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Platinoclassic Motors (India) Private Limited has fallen by -36.50%.

  • As Per 2019 financial reports, 3 employees are currently employed by Platinoclassic Motors (India) Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Platinoclassic Motors (India) Private Limited has experienced an downturn of -28.61%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Platinoclassic Motors (India) Private Limited amount to ₹ 71.75 Cr.

  • The most recent Balance Sheet for Platinoclassic Motors (India) Private Limited was filed with the ROC on 31 Mar 2019.

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