Priority Autoriders Private Limited

Trading of motor vehicles and related parts since 2011, based in Panaji, Goa.

2011 | Panaji, Goa (India) | Active
Last Updated: January 13, 2025

Priority Autoriders Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.13 Cr
  • Satisfied Charges ₹ 1.07 Cr
  • Revenue Growth 66.13%
  • Profit Growth 490.65%
  • Ebitda 713.51%
  • Net Worth 86.12%
  • Total Assets 15.38%

About Priority Autoriders

Priority Autoriders Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 November 2011 and has a history of 13 years and three months. Its registered office is in Panaji, Goa.

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 2.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹2.13 Cr. The company has closed loans amounting to ₹1.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parind Nachinolcar, Swapneel Nachinolcar, Ulhas Nachinolcar, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50400GA2011PTC006816

  • Company No.

    006816

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Automotive

Who are the key members and board of directors at Priority Autoriders?

Board Members (4)

NameDesignationAppointment DateStatus
Parind Nachinolcar Country flag representing In Director 02-Nov-2011Current
Swapneel Nachinolcar Country flag representing Pt Director 02-Nov-2011Current
Ulhas Nachinolcar Country flag representing In Director 02-Nov-2011Current
Swaroopa Nachinolcar Country flag representing In Director 02-Nov-2011Current

Financial Performance of Priority Autoriders.

Priority Autoriders Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.13% increase. The company also saw a substantial improvement in profitability, with a 490.65% increase in profit. The company's net worth Soared by an impressive increase of 86.12%.

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
66.13%
Revenue from Operations
66.32%
Total Assets
15.38%
Profit or Loss
490.65%
Net Worth
86.12%
EBITDA
713.51%

What is the Ownership and Shareholding Structure of Priority Autoriders?

Unlock access to Priority Autoriders's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.31 M

Satisfied Charges

₹10.70 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.13 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2024Hdfc Bank Limited₹3.81 MOpen
05 May 2016Hdfc Bank Limited₹1.75 CrOpen
27 Mar 2012The Goa Urban Coop Bank Ltd₹0.70 MSatisfied
28 Feb 2012The Goa Urban Cooperative Bank Ltd₹5.00 MSatisfied
05 Jan 2012The Goa Urban Cooperative Bank Ltd₹5.00 MSatisfied

How Many Employees Work at Priority Autoriders?

Priority Autoriders has a workforce of 60 employees as of Apr 10, 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 Priority Autoriders, 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 Priority Autoriders'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 Priority Autoriders

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Priority Autoriders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.81 M with Charge ID 100935159 was registered on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge registered on 27 Mar 2012 via Charge ID 10346319 with The Goa Urban Coop Bank Ltd was fully satisfied on 11 Dec 2023.

    11 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 17.50 M registered on 05 May 2016 with Charge ID 100029526 was modified on 04 Dec 2020.

    04 Dec 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.50 M with Charge ID 100029526 was registered on 05 May 2016.

    05 May 2016

Frequently asked questions

  • Priority Autoriders Private Limited was incorporated on 02 Nov 2011.

  • The authorized share capital of Priority Autoriders Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Priority Autoriders Private Limited.

    • Parind Ulhas Prabhu Nachinolcar
    • Swapneel Ulhas Prabhu Nachinolcar
    • Ulhas Nachinolcar
    • Swaroopa Ulhas Nachinolcar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Priority Autoriders Private Limited is Priority Signature New Taleigao Bypass Road, India, Panaji, Goa, 403003.

  • The corporate identification number (CIN) of Priority Autoriders Private Limited is U50400GA2011PTC006816 and the company number is 006816 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Priority Autoriders Private Limited is https://www.grouppriority.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Priority Autoriders Private Limited has risen by 66.13%.

  • As Per 2023 financial reports, 60 employees are currently employed by Priority Autoriders Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Priority Autoriders Private Limited has experienced an upsurge of 86.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Priority Autoriders Private Limited amount to ₹ 2.13 Cr.

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