West Coast Motors Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 14 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 98.12 Cr
- Satisfied Charges ₹ 47.04 Cr
- Revenue Growth 57.76%
- Profit Growth 70.04%
- Ebitda 84.44%
- Net Worth 74.21%
- Total Assets 51.97%
About West Coast Motors
West Coast Motors Private Limited (WCMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 September 2010 and has a history of 14 years and four months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Park Lane Cars 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹98.12 Cr. The company has closed loans amounting to ₹47.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Inderpreet Saluja, Kunal Gupta, and Baljeetsingh Bagga serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U50100GJ2010PTC062431
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Company No.
062431
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Sep 2010
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at West Coast Motors?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Inderpreet Saluja
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Director | 30-Apr-2011 | Current |
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Kunal Gupta
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Director | Current | |
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Baljeetsingh Bagga
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Director | 25-Sep-2010 | Current |
Financial Performance of West Coast Motors.
West Coast Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.76% increase. The company also saw a substantial improvement in profitability, with a 70.04% increase in profit. The company's net worth Soared by an impressive increase of 74.21%.
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What is the Ownership and Shareholding Structure of West Coast Motors?
In 2023, West Coast Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Punjab Cars Private LimitedBaljeetsingh Bagga is a mutual person
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Param Automotive Private LimitedInderpreet Saluja and Baljeetsingh Bagga are mutual person
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Param Automobiles Private LimitedInderpreet Saluja is a mutual person
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Pure Cars Private LimitedInderpreet Saluja, Kunal Gupta and 1 more are mutual person
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Karnavati Wheels Private Limited
Inderpreet Saluja and Baljeetsingh Bagga are mutual person
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Parklane Auto Private Limited
Inderpreet Saluja and Baljeetsingh Bagga are mutual person
Charges (Loans)
₹981.22 M
₹470.36 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 86.87 Cr
- Others : 11.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2023 | Others | ₹6.09 M | Open |
| 20 May 2023 | Others | ₹6.46 M | Open |
| 16 Aug 2019 | Others | ₹10.00 Cr | Open |
| 02 Jul 2019 | Hdfc Bank Limited | ₹86.87 Cr | Open |
| 21 Feb 2022 | Hdfc Bank Limited | ₹6.49 M | Satisfied |
How Many Employees Work at West Coast Motors?
West Coast Motors has a workforce of 129 employees as of Mar 21, 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 West Coast Motors, 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 West Coast Motors'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.
