Platinum Rent A Car (India) Private Limited

Provides car rental, fleet management, and accommodation services to various clients.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated:

Platinum Rent A Car (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.88 Cr
  • Revenue Growth 141.14%
  • Profit Growth 549.18%
  • Ebitda 559.43%
  • Net Worth 43.25%
  • Total Assets 21.32%

About Platinum Rent A Car (India)

Platinum Rent A Car (India) Private Limited (PRACIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 2006 and has a history of 18 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 0.50 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹5.88 Cr.

Prasad Shinde and Suchitra Pawar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U71110MH2006PTC160721

  • Company No.

    160721

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Platinum Rent A Car (India) Private Limited offer?

Platinum Rent A Car (India) Private Limited offers a wide range of products and services, including Air Taxi, Bus Rentals & Services, Car Rental, Vehicle Rental.

Who are the key members and board of directors at Platinum Rent A Car (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Prasad Shinde Country flag representing In Director 24-Mar-2006Current
Suchitra Pawar Country flag representing In Director 05-Apr-2022Current

Financial Performance of Platinum Rent A Car (India).

Platinum Rent A Car (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 141.14% increase. The company also saw a substantial improvement in profitability, with a 549.18% increase in profit. The company's net worth Soared by an impressive increase of 43.25%.

Platinum Rent A Car (India) revenue growth over time
Platinum Rent A Car (India) 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
141.14%
Revenue from Operations
136.45%
Total Assets
21.32%
Profit or Loss
549.18%
Net Worth
43.25%
EBITDA
559.43%

What is the Ownership and Shareholding Structure of Platinum Rent A Car (India)?

In 2023, Platinum Rent A Car (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

₹58.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.29 Cr
  • Kotak Mahindra Bank Limited : 0.59 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2024Others₹4.73 CrOpen
26 Aug 2014Others₹5.60 MOpen
31 Jan 2012Kotak Mahindra Bank Limited₹5.90 MOpen

How Many Employees Work at Platinum Rent A Car (India)?

Platinum Rent A Car (India) has a workforce of 19 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.

Employee growth trends for Platinum Rent A Car (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Platinum Rent A Car (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 Platinum Rent A Car (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 Platinum Rent A Car (India)

Recent activity within the organization

  • Annual General Meeting

    Platinum Rent A Car (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Platinum Rent A Car (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 47.30 M with Charge ID 100871890 was registered on 16 Feb 2024.

  • Director Appointment

    Suchitra Sandesh Pawar was appointed as a Director was appointed as a Director on 05 Apr 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge with Others amounted to Rs. 5.60 M with Charge ID 100150475 was registered on 26 Aug 2014.

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 5.90 M with Charge ID 10337754 was registered on 31 Jan 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Platinum Rent A Car (India) Private Limited?

    Platinum Rent A Car (India) Private Limited was incorporated on 24 Mar 2006.

  • What is authorized share capital and paid-up capital of Platinum Rent A Car (India) Private Limited?

    The authorized share capital of Platinum Rent A Car (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.30 M.

  • Who are the current board members & directors of Platinum Rent A Car (India) Private Limited?

    Currently 2 directors are associated with Platinum Rent A Car (India) Private Limited.

    • Prasad Nandkumar Shinde
    • Suchitra Sandesh Pawar

  • What is the registered address of Platinum Rent A Car (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Platinum Rent A Car (India) Private Limited is 5Th Floor 5B. Technopolis Knowledge Park Mahakali Caves Road, Nr Udyog Bhavan Chakala Andh Eri (E) India, Mumbai, Maharashtra, 400093.

  • What is the corporate identification number (CIN) and company number of Platinum Rent A Car (India) Private Limited?

    The corporate identification number (CIN) of Platinum Rent A Car (India) Private Limited is U71110MH2006PTC160721 and the company number is 160721 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Platinum Rent A Car (India) Private Limited?

    The Official website of Platinum Rent A Car (India) Private Limited is https://www.platinumgroup.in

  • What has been the recent revenue trend for Platinum Rent A Car (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Platinum Rent A Car (India) Private Limited has risen by 141.14%.

  • How many employees does Platinum Rent A Car (India) Private Limited currently have?

    As Per 2023 financial reports, 19 employees are currently employed by Platinum Rent A Car (India) Private Limited.

  • What change has been observed in the net worth of Platinum Rent A Car (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Platinum Rent A Car (India) Private Limited has experienced an upsurge of 43.25%.

  • What are the total open charges for Platinum Rent A Car (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Platinum Rent A Car (India) Private Limited amount to ₹ 5.88 Cr.

  • When was the last Balance Sheet of Platinum Rent A Car (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Platinum Rent A Car (India) Private Limited was filed with the ROC on 31 Mar 2024.

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