Cars24 Services Private Limited, a active foreign private limited company, was established on 12 August 2015 in Gurugram, Haryana, India. Engaging in online automotive platforms within the trade sector, it holds CIN: U74999HR2015FTC056386. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹18.53 Cr.
It upholds a compliant status. Employing 2,212 professional, Its leadership includes Ruchit Agarwal (Director), Gajendra Kumar Jangid (Director). Past directors included Mehul Agrawal, Alisha Chawla, Ruchit Agarwal. It holds ₹522.00 Cr open charges and ₹810.00 Cr settled loans. Its latest AGM occurred on 28 October 2024, with the balance sheet filed on 31 March 2024. It is based at 10Th Floor, Tower – B, Unitech Cyber Park Sector - 39, Gurugram, Haryana, 122001.
U74999HR2015FTC056386
056386
12 August 2015
₹20.00 Cr
₹18.53 Cr
Roc Delhi
Unlisted
Active
Explore comprehensive insights into Cars24 Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ruchit Agarwal | Director | 04 Jul 2020 | Current |
| Gajendra Kumar Jangid | Director | 09 Dec 2022 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 28 Sep 2017 | Past |
| Pramod Abcsdd | Company Secretary | 03 Jul 2017 | Past |
| Pramod Abcsdd | Additional Director | 27 Jan 2021 | Past |
| Pramod Abcsdd | Additional Director | 28 Sep 2023 | Past |
| Pramod Abcsdd | Key Managerial Personnel | - | Past |
| Pramod Abcsdd | Company Secretary | 31 Aug 2020 | Past |
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Cars24 Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 113.79% increase. The company also saw a substantial fall in profitability, with a 30.32% decrease in profit. The company's net worth Soared by an impressive increase of 11.71%.
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In 2023, Cars24 Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹5,220,000,000.00
₹8,100,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2023 | Others | ₹522.00 Cr | Open |
| 17 Dec 2021 | Standard Chartered Bank | ₹75.00 Cr | Satisfied |
| 03 Dec 2021 | Others | ₹30.00 Cr | Satisfied |
| 04 Oct 2021 | Others | ₹60.00 Cr | Satisfied |
| 30 Sep 2021 | Others | ₹20.00 Cr | Satisfied |
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Cars24 Services has a workforce of 2212 employees as of Mar 28, 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.
Gain comprehensive insights into the Deals and Valuation data of Cars24 Services, 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 Cars24 Services's trajectory.
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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.
The activity A charge with Others of Rs. 522.00 Cr registered on 09 Jan 2023 with Charge ID 100672412 was modified on 13 Aug 2025. was completed.
Progress on Cars24 Services Private Limited last Annual general meeting of members was held on 28 Oct 2024 as per latest MCA records. was documented.
The activity Jyoti Gautam was appointed as a Company Secretary was appointed as a Company Secretary on 26 Oct 2024 & has been associated with this company since 1 year 1 month . was completed.
Progress on Cars24 Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was documented.
A charge registered on 29 Jul 2021 via Charge ID 100469824 with Others was fully satisfied on 14 Dec 2023. was recorded as a recent event.
A charge registered on 04 Oct 2021 via Charge ID 100528730 with Others was fully satisfied on 11 Oct 2023. was recorded as a recent event.
Embarking on a new chapter in debt management CARS24 Financial Services a modern NBFC specializing in car financing and a wholly-owned subsidiary of CARS24 Indias leading AutoTech company has announced a strategic partnership with Credgenics a pioneering SaaS-based debt collections and resolution tech platform This collaboration underscores CARS24s commitment to streamline the car ownership experience for customers by introducing innovative solutions powered by cutting-edge technology ensuring a hassle-free journey.
Cars24 has increased its presence in India from 25 to 50 cities this year, and will be in 25 more cities by the end of 2019.Cars24 co-founder and CMO Gajendra Jangid said the number of used cars they sold in September is higher than the total number of new passenger vehicles sold in India.
CARS24 is among the largest platforms for buying and selling cars in the country. .
Cars24 now offers loans for used cars through their new entity, Cars24 Financial Services Pvt. Ltd. They will start in Delhi, Mumbai, and Bangalore and expand to other cities. Customers can get loans based on the car value, while channel partners can get up to Rs 1 crore. They plan to hire 200 people and disburse $25 million in loans in the first year. This will help people who couldn't afford a car before..
The CIN of Cars24 Services Private Limited is U74999HR2015FTC056386.
Cars24 Services Private Limited is headquartered at 10Th Floor, Tower – B, Unitech Cyber Park Sector - 39, Gurugram, Haryana, 122001.
Cars24 Services Private Limited was incorporated on 12 August 2015.
The current directors of Cars24 Services Private Limited are
The primary industry of Cars24 Services Private Limited is Trade.
Cars24 Services Private Limited is unlisted.
The authorized capital of Cars24 Services Private Limited is ₹20.00 Cr, and the paid-up capital is ₹18.53 Cr.
The compliance status of Cars24 Services Private Limited is Compliant.
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