Pure Cars Private Limited

Specializes in buying and selling cars and car parts since 2015 in Ahmedabad, Gujarat.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Pure Cars Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 27.79 Cr
  • Revenue Growth -18.06%
  • Profit Growth -133.75%
  • Ebitda -138.27%
  • Net Worth -105.35%
  • Total Assets 66.97%

About Pure Cars

Pure Cars Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 April 2015 (Nine years and nine months 25 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Petal Auto Private 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹27.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Baljeetsingh Bagga, Inderpreet Saluja, Kunal Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102GJ2015PTC082880

  • Company No.

    082880

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

Who are the key members and board of directors at Pure Cars?

Board Members (4)

Name Designation Appointment Date Status
Inderpreet Saluja Country flag representing In Director 28-May-2015 Current
Baljeetsingh Bagga Country flag representing In Director 13-Apr-2015 Current
Kunal Gupta Country flag representing In Director Current
Mehul Shah Country flag representing In Director 20-Sep-2021 Current

Financial Performance of Pure Cars.

Pure Cars Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.06% decrease. The company also saw a substantial fall in profitability, with a 133.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 105.35%.

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
-18.06%
Revenue from Operations
-19.33%
Total Assets
66.97%
Profit or Loss
-133.75%
Net Worth
-105.35%
EBITDA
-138.27%

What is the Ownership and Shareholding Structure of Pure Cars?

In 2023, Pure Cars had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹80.00 M

Satisfied Charges

₹277.90 M

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr

Latest Charge Details

Date Lender Amount Status
08 May 2023 Others ₹8.00 Cr Open
18 Nov 2021 Hdfc Bank Limited ₹10.00 Cr Satisfied
24 Apr 2018 Others ₹1.65 Cr Satisfied
26 Sep 2015 Others ₹9.14 Cr Satisfied
22 Jun 2015 Hdfc Bank Limited ₹7.00 Cr Satisfied

How Many Employees Work at Pure Cars?

Pure Cars has a workforce of 30 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pure 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 Pure Cars'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 Pure Cars

Recent activity within the organization

  • Annual General Meeting

    Pure Cars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 18 Nov 2021 via Charge ID 100509990 with Hdfc Bank Limited was fully satisfied on 23 Jun 2023.

    23 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 80.00 M with Charge ID 100734667 was registered on 08 May 2023.

    08 May 2023

  • Balance Sheet

    Pure Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 26 Sep 2015 via Charge ID 10599707 with Others was fully satisfied on 23 Dec 2021.

    23 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 M with Charge ID 100509990 was registered on 18 Nov 2021.

    18 Nov 2021

Frequently asked questions

  • Pure Cars Private Limited was incorporated on 13 Apr 2015.

  • The authorized share capital of Pure Cars Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Pure Cars Private Limited.

    • Baljeetsingh Surjitsingh Bagga
    • Inderpreet Singh Saluja
    • Kunal Manoranjan Gupta
    • Mehul Chandrakantbhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pure Cars Private Limited is Groundfloor Sunembarknr.Radhepartyplot Undersolaoverbr Idge, Sola India, Ahmedabad, Gujarat, 380061.

  • The corporate identification number (CIN) of Pure Cars Private Limited is U50102GJ2015PTC082880 and the company number is 082880 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pure Cars Private Limited has fallen by -18.06%.

  • As Per 2023 financial reports, 30 employees are currently employed by Pure Cars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pure Cars Private Limited has experienced an downturn of -105.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pure Cars Private Limited amount to ₹ 8.00 Cr.

  • The most recent Balance Sheet for Pure Cars Private Limited was filed with the ROC on 31 Mar 2023.

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