Parsoli Motor Works Private Limited - Company Profile

It is a automotive private limited company based in Ahmedabad, Gujarat, India, established in 2007.

2007 Ahmedabad, Gujarat, India Under Cirp

Last Updated: July 24, 2025

About Parsoli Motor Works Private Limited

Parsoli Motor Works Private Limited, a under cirp private limited company, was established on 21 August 2007 in Ahmedabad, Gujarat, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U29199GJ2007PTC051546. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹18.00 Cr and a paid-up capital of ₹9.10 Cr.

It upholds a compliant status. Employing 20 professional, Its leadership includes Talha Yunus Sareshwala (Managing Director), Umar Uves Sareshwala (Director), Habib Zafar Sareshwala (Director). Past directors included Mukesh Rasiklal Sheth, Rasiklal Balabhai Sheth, Ridhamkumar Mukeshkumar Sheth. It holds ₹80.10 Cr open charges and ₹6.21 Cr settled loans. Its latest AGM occurred on 30 September 2018, with the balance sheet filed on 31 March 2018. It is based at B-7, 4Th Floor, Shalimar Complex Mahalaxmi, Paldi, Ahmedabad, Gujarat, 380007.

Company Details

CIN/LLPIN
U29199GJ2007PTC051546
Registration Number
051546
Incorporation Date
21 August 2007
Authorized Capital
₹18.00 Cr
Paid-Up Capital
₹9.10 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Under Cirp

Key Metrics

Authorised Capital ₹ 18.00 Cr as on 24-07-2025
Paid Up Capital ₹ 9.10 Cr as on 24-07-2025
Company Age 18 Year, 6 Months
Last Filing with ROC 31 Mar 2018
Open Charges ₹ 80.10 Cr as on 24-07-2025
Satisfied Charges ₹ 6.21 Cr as on 24-07-2025
Revenue Growth **** -41.87% (FY 2018)
Profit Growth **** 11.93% (FY 2018)
Ebitda **** 26.16% (FY 2018)
Net Worth -97.99% (FY 2018)
Total Assets -37.50% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Parsoli Motor Works 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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Who are the key members and board of directors at Parsoli Motor Works Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Talha Yunus Sareshwala	Managing Director	07 Feb 2008	Current
Umar Uves Sareshwala	Director	01 Oct 2011	Current
Habib Zafar Sareshwala	Director	01 Jun 2013	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Managing Director	28 Feb 2018	Past
Pramod Abcsdd	Additional Director	07 Feb 2008	Past
Pramod Abcsdd	Director	23 Jan 2015	Past
Pramod Abcsdd	Director	23 Jan 2015	Past

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Financial Performance of Parsoli Motor Works.

Parsoli Motor Works Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 41.87% decrease. The company also saw a substantial improvement in profitability, with a 11.93% increase in profit. The company's net worth observed a substantial decline by a decrease of 97.99%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-41.87%

*******

Revenue from Operations

*******

-41.87%

*******

Total Assets

*******

-37.50%

*******

Profit or Loss

*******

11.93%

*******

Net Worth

*******

-97.99%

*******

EBITDA

*******

26.16%

*******

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What is the Ownership and Shareholding Structure of Parsoli Motor Works?

In 2018, Parsoli Motor Works 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹801,000,000.00

Satisfied Charges

₹62,141,000.00

Charges Breakdown by Lending Institutions

Others : 80.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
11 May 2017	Others	₹20.00 Cr	Open
13 Apr 2014	Others	₹5.10 Cr	Open
15 Nov 2010	Others	₹9.00 Cr	Open
15 Nov 2010	Others	₹35.00 Cr	Open
09 Feb 2008	Others	₹11.00 Cr	Open

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How Many Employees Work at Parsoli Motor Works?

Unlock and access historical data on people associated with Parsoli Motor Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Parsoli Motor Works, 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 Parsoli Motor Works's trajectory.

Rating

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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.

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Latest Updates, News, and FAQs on Parsoli Motor Works

Recent Activity within the Organization

Annual General Meeting

Parsoli Motor Works Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records. was recorded as a recent event.
30 Sep 2018
Balance Sheet

The activity Parsoli Motor Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad. was completed.
31 Mar 2018
Charges

Progress on A charge registered on 15 Dec 2016 via Charge ID 100067829 with Others was fully satisfied on 16 Dec 2017. was documented.
16 Dec 2017
Charges

The activity A charge registered on 15 Dec 2016 via Charge ID 100067633 with Others was fully satisfied on 16 Dec 2017. was completed.
16 Dec 2017
Charges

Progress on A charge registered on 15 Dec 2016 via Charge ID 100067638 with Others was fully satisfied on 16 Dec 2017. was documented.
16 Dec 2017
Charges

Progress on A charge registered on 15 Dec 2016 via Charge ID 100067643 with Others was fully satisfied on 16 Dec 2017. was documented.
16 Dec 2017

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