Prakar Automotive India Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.51 Cr
- Company Age 4 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.20 Cr
- Satisfied Charges ₹ 6.30 M
- Revenue Growth 54.87%
- Profit Growth 168.49%
- Ebitda 125.15%
- Net Worth 144.60%
- Total Assets 35.61%
About Prakar Automotive India
Prakar Automotive India Private Limited (PAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 October 2020 (Four years and seven months 1 days old ). Its registered office is in Salem, Tamil Nadu, India.
The Company is engaged in the Trading 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 5.00 Cr and a paid-up capital of Rs 2.51 Cr.
The company currently has active open charges totaling ₹22.20 Cr. The company has closed loans amounting to ₹6.30 M, as per Ministry of Corporate Affairs (MCA) records.
Balasubramanian Prabhakaran, Chinnappa Kumar, and Karthikeyan Varrdhan serve as directors at the Company.
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50402TZ2020PTC034710
- Company No.
034710
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Oct 2020
- Date of AGM
23 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Trading
Prakar Automotive India Private Limited
Explore comprehensive data for Prakar Automotive India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prakar Automotive India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balasubramanian Prabhakaran  | Director | 09-Oct-2020 | Current |
| Chinnappa Kumar | Whole-Time Director | 07-Dec-2020 | Current |
| Karthikeyan Varrdhan | Director | 09-Oct-2020 | Current |
Financial Performance of Prakar Automotive India.
Prakar Automotive India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.87% increase. The company also saw a substantial improvement in profitability, with a 168.49% increase in profit. The company's net worth Soared by an impressive increase of 144.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prakar Automotive India?
In 2023, Prakar Automotive 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.
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Charges (Loans)
Open Charges
₹22.20 Cr
Satisfied Charges
₹0.63 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 20.75 Cr
- Others : 1.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Others | ₹1.45 Cr | Open |
| 07 Apr 2021 | Hdfc Bank Limited | ₹20.75 Cr | Open |
| 27 Feb 2023 | Others | ₹1.50 M | Satisfied |
| 25 Nov 2022 | State Bank Of India | ₹4.80 M | Satisfied |
How Many Employees Work at Prakar Automotive India?
Prakar Automotive India has a workforce of 88 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prakar Automotive 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 Prakar Automotive India'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.
Latest Updates, News, and FAQs on Prakar Automotive India
Recent activity within the organization
- Charges
A charge registered on 27 Feb 2023 via Charge ID 100690126 with Others was fully satisfied on 03 Apr 2024.
- Charges
A charge registered on 25 Nov 2022 via Charge ID 100686095 with State Bank Of India was fully satisfied on 03 Apr 2024.
- Charges
A charge with Others amounted to Rs. 1.45 Cr with Charge ID 100903868 was registered on 26 Mar 2024.
- Annual General Meeting
Prakar Automotive India Private Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 20.75 Cr registered on 07 Apr 2021 with Charge ID 100460192 was modified on 16 Aug 2023.
- Balance Sheet
Prakar Automotive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Frequently asked questions
What is the Incorporation or founding date of Prakar Automotive India Private Limited?
Prakar Automotive India Private Limited was incorporated on 09 Oct 2020.
What is authorized share capital and paid-up capital of Prakar Automotive India Private Limited?
The authorized share capital of Prakar Automotive India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.51 Cr.
Who are the current board members & directors of Prakar Automotive India Private Limited?
Currently 3 directors are associated with Prakar Automotive India Private Limited.
- Balasubramanian Prabhakaran
- Chinnappa Kumarasamy Arun Kumar
- Karthikeyan Vishnu Varrdhan
What is the registered address of Prakar Automotive India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prakar Automotive India Private Limited is 6/56 Ground Floor Meyyanur Main Road, 5 Roads India, Salem, Tamil Nadu, 636004.
What is the corporate identification number (CIN) and company number of Prakar Automotive India Private Limited?
The corporate identification number (CIN) of Prakar Automotive India Private Limited is U50402TZ2020PTC034710 and the company number is 034710 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prakar Automotive India Private Limited?
The Official website of Prakar Automotive India Private Limited is https://www.volvo-tn.in
What has been the recent revenue trend for Prakar Automotive India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prakar Automotive India Private Limited has risen by 54.87%.
How many employees does Prakar Automotive India Private Limited currently have?
As Per 2023 financial reports, 88 employees are currently employed by Prakar Automotive India Private Limited.
What change has been observed in the net worth of Prakar Automotive India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prakar Automotive India Private Limited has experienced an upsurge of 144.60%.
What are the total open charges for Prakar Automotive India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prakar Automotive India Private Limited amount to ₹ 22.20 Cr.
When was the last Balance Sheet of Prakar Automotive India Private Limited filed with the ROC?
The most recent Balance Sheet for Prakar Automotive India Private Limited was filed with the ROC on 31 Mar 2023.
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