Prem Motors Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 05-01-2025
- Paid Up Capital ₹ 9.99 Cr
as on 05-01-2025
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 849.59 Cr
as on 05-01-2025
- Satisfied Charges ₹ 377.34 Cr
as on 05-01-2025
- Revenue -15.25%
(FY 2021)
- Profit -7.22%
(FY 2021)
- Ebitda -2.46%
(FY 2021)
- Net Worth 11.03%
(FY 2021)
- Total Assets 6.11%
(FY 2021)
About Prem Motors
The Corporate was formerly known as Prem Motors Ltd. 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 10.00 Cr and a paid-up capital of Rs 9.99 Cr.
The company currently has active open charges totaling ₹849.59 Cr. The company has closed loans amounting to ₹377.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
Charanjeet Nagpal and Kanwaljeet Nagpal serve as directors at the Company.
- CIN/LLPIN
U50103MP1990PTC006114
- Company No.
006114
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Nov 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Company Details
- Location
Gwalior, Madhya Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Prem Motors Pvt Ltd offer?
Prem Motors Pvt Ltd offers a wide range of products and services, including Cars, Motor Cars, Maruti Car, Medium & Heavy Commercial Vehicles, Automobile Interiors & Accessories, Car Accessories, Insurance Agents and Services, Insurance Service, Mini Truck, Maruti Suzuki Mini Truck.
Who are the key members and board of directors at Prem Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Charanjeet Nagpal  | Managing Director | 28-Nov-1990 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanwaljeet Nagpal | Director | 21-Apr-2008 | Current |
Financial Performance of Prem Motors.
Prem Motors Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 15.25% decrease. The company also saw a slight decrease in profitability, with a 7.22% decrease in profit. The company's net worth Soared by an impressive increase of 11.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prem Motors?
In 2022, Prem Motors had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prem Motors India LlpActive 8 years 9 monthsCharanjeet Nagpal and Kanwaljeet Nagpal are mutual person
- Prem Motors (Jaipur) Private LimitedActive 1 year 10 months
Charanjeet Nagpal and Kanwaljeet Nagpal are mutual person
Prem Motors (Bharat) Private LimitedActive 7 months 8 daysCharanjeet Nagpal and Kanwaljeet Nagpal are mutual person
- D.D. Prem Private LimitedActive 3 years 3 months
Charanjeet Nagpal and Kanwaljeet Nagpal are mutual person
- Vinayaka Automobiles(Gwalior) Private LimitedActive 21 years 3 months
Charanjeet Nagpal is a mutual person
- Krishnawanti Ramprakash Nagpal Charitable FoundationActive 4 years 4 months
Charanjeet Nagpal and Kanwaljeet Nagpal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 27 Nov 2024 | ₹75.00 Cr | Open |
Axis Bank Limited Creation Date: 16 Mar 2024 | ₹75.00 Cr | Open |
Others Creation Date: 16 Dec 2023 | ₹15.00 Cr | Open |
How Many Employees Work at Prem Motors?
Prem Motors has a workforce of 3664 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 Prem Motors, 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 Prem Motors'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.
