Prerana Motors Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.94 Cr
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 157.38 Cr
- Satisfied Charges ₹ 51.03 Cr
- Revenue Growth 52.60%
- Profit Growth 116.47%
- Ebitda 108.79%
- Net Worth 48.54%
- Total Assets 13.82%
About Prerana Motors
Prerana Motors Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 1999 and has a history of 26 years and two months. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.94 Cr.
The company currently has active open charges totaling ₹157.38 Cr. The company has closed loans amounting to ₹51.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shenoy Ratnakar and Navin Shenoy serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U05040KA1999PTC024822
- Company No.
024822
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Feb 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
What products or services does Prerana Motors Private Limited offer?
Prerana Motors Private Limited offers a wide range of products and services, including Insurance Service, Real Estate Services, Surgical & ICU Equipments, Operation Theater Equipments, Cars, TATA Car, Commercial Vehicles & Three Wheelers, Trucks, Real Estate Agent & Property Dealers, Land Brokers.
Prerana Motors Private Limited
Explore comprehensive data for Prerana Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prerana Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shenoy Ratnakar  | Managing Director | 25-Feb-1999 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Navin Shenoy | Director | 25-Feb-1999 | Current |
Financial Performance of Prerana Motors.
Prerana Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.6% increase. The company also saw a substantial improvement in profitability, with a 116.47% increase in profit. The company's net worth Soared by an impressive increase of 48.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prerana Motors?
In 2023, Prerana Motors had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Shenoy Ratnakar is a mutual person
- Altener Solutions (Opc) Private Limited
Shenoy Ratnakar is a mutual person
- Trade Horizon Private Limited
Shenoy Ratnakar is a mutual person
Charges (Loans)
Open Charges
₹157.38 Cr
Satisfied Charges
₹51.03 Cr
Charges Breakdown by Lending Institutions
- Others : 127.38 Cr
- State Bank Of India : 10.00 Cr
- The South Indian Bank Limited : 10.00 Cr
- Axis Bank Limited : 5.00 Cr
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2023 | The South Indian Bank Limited | ₹10.00 Cr | Open |
| 03 Jul 2023 | Others | ₹10.00 Cr | Open |
| 09 Feb 2023 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 18 Aug 2022 | Others | ₹12.50 Cr | Open |
| 22 Dec 2021 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Prerana Motors?
Prerana Motors has a workforce of 1059 employees as of Apr 01, 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 Prerana 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 Prerana 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.
Latest Updates, News, and FAQs on Prerana Motors
Recent activity within the organization
- Charges
A charge with The South Indian Bank Limited of Rs. 10.00 Cr registered on 12 Sep 2023 with Charge ID 100783177 was modified on 12 Sep 2024.
- Charges
A charge with Others of Rs. 74.88 Cr registered on 24 Aug 2010 with Charge ID 10245289 was modified on 08 Jan 2024.
- Annual General Meeting
Prerana Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 30.00 Cr registered on 22 Dec 2021 with Charge ID 100527107 was modified on 14 Sep 2023.
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100783177 was registered on 12 Sep 2023.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100791156 was registered on 03 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Prerana Motors Private Limited?
Prerana Motors Private Limited was incorporated on 25 Feb 1999.
What is authorized share capital and paid-up capital of Prerana Motors Private Limited?
The authorized share capital of Prerana Motors Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.94 Cr.
Who are the current board members & directors of Prerana Motors Private Limited?
Currently 2 directors are associated with Prerana Motors Private Limited.
- Shenoy Premanand Ratnakar
- Navin Ratnakar Shenoy
What is the registered address of Prerana Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prerana Motors Private Limited is Pride Hulkul 116, Lalbagh Road India, Bangalore, Karnataka, 560027.
What is the corporate identification number (CIN) and company number of Prerana Motors Private Limited?
The corporate identification number (CIN) of Prerana Motors Private Limited is U05040KA1999PTC024822 and the company number is 024822 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prerana Motors Private Limited?
The Official website of Prerana Motors Private Limited is https://www.preranamotors.com
What has been the recent revenue trend for Prerana Motors Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prerana Motors Private Limited has risen by 52.60%.
How many employees does Prerana Motors Private Limited currently have?
As Per 2023 financial reports, 1059 employees are currently employed by Prerana Motors Private Limited.
What change has been observed in the net worth of Prerana Motors Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prerana Motors Private Limited has experienced an upsurge of 48.54%.
What are the total open charges for Prerana Motors Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prerana Motors Private Limited amount to ₹ 157.38 Cr.
When was the last Balance Sheet of Prerana Motors Private Limited filed with the ROC?
The most recent Balance Sheet for Prerana Motors Private Limited was filed with the ROC on 31 Mar 2023.
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