Utkal Automobiles Private Limited

Authorized dealer of top automobile brands, operates multiple facilities and manufactures tipper bodies.

1958 | Seraikela-Kharsawan, Jharkhand (India) | Active
Last Updated: January 02, 2025

Utkal Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.49 Cr
  • Company Age 67 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 122.72 Cr
  • Satisfied Charges ₹ 149.53 Cr
  • Revenue Growth 3.93%
  • Profit Growth 3.66%
  • Ebitda -0.80%
  • Net Worth 20.50%
  • Total Assets 4.45%

About Utkal Automobiles

Utkal Automobiles Private Limited (UAPL) was founded in India on 20 January 1958 and has a glorious history of 67 years and one month. Its registered office is in Seraikela-Kharsawan, Jharkhand, India.

The Corporate was formerly known as Utkal Automobiles 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 2.00 Cr and a paid-up capital of Rs 1.49 Cr.

The company currently has active open charges totaling ₹122.72 Cr. The company has closed loans amounting to ₹149.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Smita Parikh, Shapath Parikh, Shivu Parikh, and Three other members serve as directors at the Company.

Company Details

  • Location

    Seraikela-Kharsawan, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    utkalmahindra.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U00379JH1958PTC000608

  • Company No.

    000608

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1958

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Automotive

What products or services does Utkal Automobiles Private Limited offer?

Utkal Automobiles Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Trucks, Mini Truck, Mahindra Jeeto, Cars, Mahindra Cars, Mahindra Supro, Intermediate and Light Commercial Vehicles, Pickup Trucks, Tipper Trucks.

Who are the key members and board of directors at Utkal Automobiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajnikant Parikh Country flag representing In Managing Director01-Oct-1968Current

Board Members (5)

NameDesignationAppointment DateStatus
Shapath Parikh Country flag representing In Director 30-Sep-2023Current
Smita Parikh Country flag representing In Director 05-Apr-2024Current
Shivu Parikh Country flag representing In Whole-Time Director 30-Sep-1998Current
Shaunak Parikh Country flag representing In Whole-Time Director 30-Sep-2001Current
Sudipta Parikh Country flag representing In Director 30-Sep-2023Current

Financial Performance of Utkal Automobiles.

Utkal Automobiles Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.93% increase. The company also saw a slight improvement in profitability, with a 3.66% increase in profit. The company's net worth Soared by an impressive increase of 20.5%.

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
3.93%
Revenue from Operations
4.11%
Total Assets
4.45%
Profit or Loss
3.66%
Net Worth
20.50%
EBITDA
-0.80%

What is the Ownership and Shareholding Structure of Utkal Automobiles?

In 2022, Utkal Automobiles 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

₹122.72 Cr

Satisfied Charges

₹149.53 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 87.70 Cr
  • Axis Bank Limited : 21.10 Cr
  • Hdfc Bank Limited : 12.80 Cr
  • Others : 1.00 Cr
  • Srei Equipment Finance Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2023Axis Bank Limited₹14.00 CrOpen
28 Feb 2022Others₹1.00 CrOpen
16 Feb 2022Hdfc Bank Limited₹8.00 MOpen
19 Jan 2021State Bank Of India₹4.90 CrOpen
14 Aug 2019Hdfc Bank Limited₹12.00 CrOpen

How Many Employees Work at Utkal Automobiles?

Utkal Automobiles has a workforce of 761 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 Utkal Automobiles, 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 Utkal Automobiles'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 Utkal Automobiles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Smita Rajnikant Parikh was appointed as a Director was appointed as a Director on 05 Apr 2024 & has been associated with this company since 10 months 16 days .

    05 Apr 2024

  • Balance Sheet

    Utkal Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 82.80 Cr registered on 01 Nov 2014 with Charge ID 10536999 was modified on 16 Jan 2024.

    16 Jan 2024

  • Director Appointment

    Shapath Rajnikant Parikh was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Director Appointment

    Sudipta Parikh was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Utkal Automobiles Private Limited was incorporated on 20 Jan 1958.

  • The authorized share capital of Utkal Automobiles Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.49 Cr.

  • Currently 6 directors are associated with Utkal Automobiles Private Limited.

    • Smita Rajnikant Parikh
    • Shapath Rajnikant Parikh
    • Shivu Raj Parikh
    • Shaunak Raj Parikh
    • Rajnikant Bhagwanji Parikh
    • Sudipta Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Utkal Automobiles Private Limited is Adityapur- Kandra Road India, Jamshedpur, Jharkhand, 832109.

  • The corporate identification number (CIN) of Utkal Automobiles Private Limited is U00379JH1958PTC000608 and the company number is 000608 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Utkal Automobiles Private Limited is https://www.utkalmahindra.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Utkal Automobiles Private Limited has risen by 3.93%.

  • As Per 2022 financial reports, 761 employees are currently employed by Utkal Automobiles Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Utkal Automobiles Private Limited has experienced an upsurge of 20.50%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Utkal Automobiles Private Limited amount to ₹ 122.72 Cr.

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

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