Prakar Automotive India Private Limited

Prakar Automotive India Private Limited

Imports and distributes various types of vehicles, including cars, trucks, and aircraft.
2020 | Salem, Tamil Nadu (India) | Active

Last Updated:

June 15, 2024
HomeCompanyPrakar Automotive India Private Limited

Who are the key members and board of directors at Prakar Automotive India?

Board Members(3)

NameDesignationAppointment DateStatus
Balasubramanian Prabhakaran In Director 09-Oct-2020Current
Chinnappa Kumar In Whole-Time Director 07-Dec-2020Current
Karthikeyan Varrdhan In Director 09-Oct-2020Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
54.87%
Revenue from Operations
54.59%
Total Assets
35.61%
Profit or Loss
168.49%
Net Worth
144.60%
EBITDA
125.15%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹22.20 Cr

₹0.63 Cr

LenderAmountStatus

Others

Creation Date: 26 Mar 2024
₹1.45 CrOpen

Hdfc Bank Limited

Creation Date: 07 Apr 2021
₹20.75 CrOpen

Others

Creation Date: 27 Feb 2023
₹1.50 MSatisfied

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.

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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.

    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.

    03 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 1.45 Cr with Charge ID 100903868 was registered on 26 Mar 2024.

    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.

    23 Sep 2023

  • 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.

    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.

    31 Mar 2023

Frequently asked questions

  • Prakar Automotive India Private Limited was incorporated on 09 Oct 2020.

  • The authorized share capital of Prakar Automotive India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.51 Cr.

  • Currently 3 directors are associated with Prakar Automotive India Private Limited.

    • Balasubramanian Prabhakaran
    • Chinnappa Kumarasamy Arun Kumar
    • Karthikeyan Vishnu Varrdhan
  • 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, Salem, Tamil Nadu, India, 636004.

  • 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).

  • The Official website of Prakar Automotive India Private Limited is https://www.volvo-tn.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prakar Automotive India Private Limited has risen by 54.87%.

  • As Per 2023 financial reports, 88 employees are currently employed by Prakar Automotive India Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prakar Automotive India Private Limited amount to ₹ 22.20 Cr.

  • The most recent Balance Sheet for Prakar Automotive India Private Limited was filed with the ROC on 31 Mar 2023.

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