Precarmart Private Limited

Provides car trading, buying, exchange, financial, and insurance services since 2017 in Bangalore.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Precarmart Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 Cr
  • Satisfied Charges ₹ 4.08 Cr
  • Revenue Growth 16.00%
  • Profit Growth 144.13%
  • Ebitda -25.28%
  • Net Worth 6.56%
  • Total Assets 32.77%

About Precarmart

Precarmart Private Limited (PPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 April 2017 (Seven years and ten months 20 days old ). Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹4.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venugopal Bidarahalli and Mayur Shetty serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    precarmart.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50404KA2017PTC102057

  • Company No.

    102057

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Precarmart Private Limited offer?

Precarmart Private Limited offers a wide range of products and services, including Marketing Services & Consultants, Sales Support Services.

Who are the key members and board of directors at Precarmart?

Financial Performance of Precarmart.

Precarmart Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16% increase. The company also saw a substantial improvement in profitability, with a 144.13% increase in profit. The company's net worth moved up by a moderate rise of 6.56%.

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
16.00%
Revenue from Operations
16.00%
Total Assets
32.77%
Profit or Loss
144.13%
Net Worth
6.56%
EBITDA
-25.28%

What is the Ownership and Shareholding Structure of Precarmart?

In 2023, Precarmart had a promoter holding of 97.35% and a public holding of 2.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.00 M

Satisfied Charges

₹40.75 M

Charges Breakdown by Lending Institutions

  • Others : 1.10 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2019Others₹1.10 CrOpen
11 Aug 2020Others₹1.00 CrSatisfied
22 Oct 2019Others₹3.08 CrSatisfied

How Many Employees Work at Precarmart?

Precarmart has a workforce of 48 employees as of Apr 04, 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 Precarmart, 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 Precarmart'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 Precarmart

Recent activity within the organization

  • Annual General Meeting

    Precarmart Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Precarmart Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 11 Aug 2020 via Charge ID 100367443 with Others was fully satisfied on 30 Nov 2022.

    30 Nov 2022

  • Charges

    A charge registered on 22 Oct 2019 via Charge ID 100325161 with Others was fully satisfied on 19 Oct 2022.

    19 Oct 2022

  • Charges

    A charge with Others of Rs. 11.00 M registered on 11 Feb 2019 with Charge ID 100252175 was modified on 21 Sep 2022.

    21 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100367443 was registered on 11 Aug 2020.

    11 Aug 2020

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Precarmart Private Limited?

    Precarmart Private Limited was incorporated on 07 Apr 2017.

  • What is authorized share capital and paid-up capital of Precarmart Private Limited?

    The authorized share capital of Precarmart Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Precarmart Private Limited?

    Currently 2 directors are associated with Precarmart Private Limited.

    • Venugopal Anand Bidarahalli
    • Mayur Shetty
  • What is the registered address of Precarmart Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Precarmart Private Limited is Bbmp Khata No. 2635/01 27Th Main Road Hsr Layout, 1St Sector India, Bangalore, Karnataka, 560102.

  • What is the corporate identification number (CIN) and company number of Precarmart Private Limited?

    The corporate identification number (CIN) of Precarmart Private Limited is U50404KA2017PTC102057 and the company number is 102057 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Precarmart Private Limited?

    The Official website of Precarmart Private Limited is https://www.precarmart.com

  • What has been the recent revenue trend for Precarmart Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Precarmart Private Limited has risen by 16.00%.

  • How many employees does Precarmart Private Limited currently have?

    As Per 2023 financial reports, 48 employees are currently employed by Precarmart Private Limited.

  • What change has been observed in the net worth of Precarmart Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Precarmart Private Limited has experienced an upsurge of 6.56%.

  • What are the total open charges for Precarmart Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Precarmart Private Limited amount to ₹ 1.10 Cr.

  • When was the last Balance Sheet of Precarmart Private Limited filed with the ROC?

    The most recent Balance Sheet for Precarmart Private Limited was filed with the ROC on 31 Mar 2024.