Prime Auto Cars Limited

Auto dealership and repair services since 2018.

2018 | Delhi (India) | Active
Last Updated: November 15, 2024

Prime Auto Cars Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 14.00 Cr
  • Company Age 6 Year, 3 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 three months 26 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)

NameDesignationAppointment DateStatus
Manish Goyal Country flag representing In Director 27-Oct-2018Current
Dhruv Mehra Country flag representing In Director 27-Oct-2018Current
Aditya Agarwalla Country flag representing Au Director 21-Sep-2019Current
Sandeep Agarwala Country flag representing In Director 24-Jun-2019Current
Ashok Tandon Country flag representing In Director 27-Oct-2018Current

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%.

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
16.41%
Revenue from Operations
16.12%
Total Assets
-47.77%
Profit or Loss
-19.10%
Net Worth
-141.22%
EBITDA
3.81%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
14 May 2024Others₹8.00 CrOpen
19 Apr 2024Hdfc Bank Limited₹9.19 MOpen
19 Apr 2024Hdfc Bank Limited₹7.99 MOpen
18 Jan 2024Hdfc Bank Limited₹35.00 CrOpen
25 May 2022Axis Bank Limited₹15.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100928772 was registered on 14 May 2024.

    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.

    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.

    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.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100861246 was registered on 18 Jan 2024.

    18 Jan 2024

Frequently asked questions

  • Prime Auto Cars Limited was incorporated on 27 Oct 2018.

  • The authorized share capital of Prime Auto Cars Limited is ₹ 24.00 Cr and paid-up capital is ₹ 14.00 Cr.

  • Currently 5 directors are associated with Prime Auto Cars Limited.

    • Manish Kumar Goyal
    • Dhruv Mehra
    • Aditya Vikram Agarwalla
    • Sandeep Agarwala
    • Ashok Tandon
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Auto Cars Limited has risen by 16.41%.

  • As Per 2023 financial reports, 37 employees are currently employed by Prime Auto Cars Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prime Auto Cars Limited amount to ₹ 44.72 Cr.

  • The most recent Balance Sheet for Prime Auto Cars Limited was filed with the ROC on 31 Mar 2024.