Prime Auto Cars Limited
Auto dealership and repair services since 2018.
2018 | Delhi (India) | Active
Prime Auto Cars Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
- Paid Up Capital ₹ 14.00 Cr
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 44.72 Cr
- Satisfied Charges ₹ 34.00 Cr
- Revenue Growth 16.41%
- Profit Growth -19.10%
- Ebitda 3.81%
- Net Worth -141.22%
- Total Assets -47.77%
About Prime Auto Cars
Prime Auto Cars Limited (PACL) is a Public Limited Indian Non-Government Company incorporated in India on 27 October 2018 (Six years and five months 1 days old ). Its registered office is in Delhi, India.
The Corporate was formerly known as Smg Insurance Broker Services Limited. 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 24.00 Cr and a paid-up capital of Rs 14.00 Cr.
The company currently has active open charges totaling ₹44.72 Cr. The company has closed loans amounting to ₹34.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manish Goyal, Dhruv Mehra, Aditya Agarwalla, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999DL2018PLC341237
- Company No.
341237
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Oct 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
Who are the key members and board of directors at Prime Auto Cars?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Goyal  | Director | 27-Oct-2018 | Current |
| Dhruv Mehra | Director | 27-Oct-2018 | Current |
Aditya Agarwalla  | Director | 21-Sep-2019 | Current |
| Sandeep Agarwala | Director | 24-Jun-2019 | Current |
| Ashok Tandon | Director | 27-Oct-2018 | Current |
Financial Performance of Prime Auto Cars.
Prime Auto Cars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.41% increase. The company also saw a substantial fall in profitability, with a 19.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 141.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prime Auto Cars?
In 2023, Prime Auto Cars had a promoter holding of 72.77% and a public holding of 27.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Field Motor Private LimitedAshok Tandon is a mutual person
Spirited Auto Cars (I) LimitedDhruv Mehra is a mutual person
Motherson Health And Medical System LimitedManish Goyal is a mutual person
- Motherson Engineering Research & Integrated Technologies Limited
Manish Goyal is a mutual person
- Motherson Molds And Diecasting Limited
Ashok Tandon is a mutual person
- Samvardhana Motherson Auto Component Private Limited
Ashok Tandon is a mutual person
Charges (Loans)
Open Charges
₹44.72 Cr
Satisfied Charges
₹34.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 36.72 Cr
- Others : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 May 2024 | Others | ₹8.00 Cr | Open |
| 19 Apr 2024 | Hdfc Bank Limited | ₹9.19 M | Open |
| 19 Apr 2024 | Hdfc Bank Limited | ₹7.99 M | Open |
| 18 Jan 2024 | Hdfc Bank Limited | ₹35.00 Cr | Open |
| 25 May 2022 | Axis Bank Limited | ₹15.00 Cr | Satisfied |
How Many Employees Work at Prime Auto Cars?
Prime Auto Cars has a workforce of 37 employees as of Apr 07, 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 Prime Auto Cars, 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 Prime Auto Cars'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 Prime Auto Cars
Recent activity within the organization
- Annual General Meeting
Prime Auto Cars Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100928772 was registered on 14 May 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.92 Cr with Charge ID 100918350 was registered on 19 Apr 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100918513 was registered on 19 Apr 2024.
- Balance Sheet
Prime Auto Cars Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100861246 was registered on 18 Jan 2024.
Frequently asked questions
What is the Incorporation or founding date of Prime Auto Cars Limited?
Prime Auto Cars Limited was incorporated on 27 Oct 2018.
What is authorized share capital and paid-up capital of Prime Auto Cars Limited?
The authorized share capital of Prime Auto Cars Limited is ₹ 24.00 Cr and paid-up capital is ₹ 14.00 Cr.
Who are the current board members & directors of Prime Auto Cars Limited?
Currently 5 directors are associated with Prime Auto Cars Limited.
- Manish Kumar Goyal
- Dhruv Mehra
- Aditya Vikram Agarwalla
- Sandeep Agarwala
- Ashok Tandon
What is the registered address of Prime Auto Cars Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prime Auto Cars Limited is 2Nd Floor F-7, Block B-1 Mohan Cooperative Industrial Estate India, Mathura Road, Delhi, 110044.
What is the corporate identification number (CIN) and company number of Prime Auto Cars Limited?
The corporate identification number (CIN) of Prime Auto Cars Limited is U74999DL2018PLC341237 and the company number is 341237 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Prime Auto Cars Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prime Auto Cars Limited has risen by 16.41%.
How many employees does Prime Auto Cars Limited currently have?
As Per 2023 financial reports, 37 employees are currently employed by Prime Auto Cars Limited.
What change has been observed in the net worth of Prime Auto Cars Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prime Auto Cars Limited has experienced an downturn of -141.22%.
What are the total open charges for Prime Auto Cars Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prime Auto Cars Limited amount to ₹ 44.72 Cr.
When was the last Balance Sheet of Prime Auto Cars Limited filed with the ROC?
The most recent Balance Sheet for Prime Auto Cars Limited was filed with the ROC on 31 Mar 2024.