Parsoli Motor Works Private Limited Company Logo

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:

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 Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 9.10 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 80.10 Cr
  • Satisfied Charges ₹ 6.21 Cr
  • Revenue Growth -41.87%
  • Profit Growth 11.93%
  • Ebitda 26.16%
  • Net Worth -97.99%
  • Total Assets -37.50%
Company report

Parsoli Motor Works Private Limited

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Talha Yunus SareshwalaManaging Director07 Feb 2008Current
Umar Uves SareshwalaDirector01 Oct 2011Current
Habib Zafar SareshwalaDirector01 Jun 2013Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2016Past
Pramod AbcsddAdditional Director30 Sep 2016Past
Pramod AbcsddManaging Director28 Feb 2018Past
Pramod AbcsddAdditional Director07 Feb 2008Past
Pramod AbcsddDirector23 Jan 2015Past
Pramod AbcsddDirector23 Jan 2015Past

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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%.

Parsoli Motor Works revenue growth over time
Parsoli Motor Works 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
-41.87%
Revenue from Operations
-41.87%
Total Assets
-37.50%
Profit or Loss
11.93%
Net Worth
-97.99%
EBITDA
26.16%

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 Indicator graph

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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

DateLenderAmountStatus
11 May 2017Others₹20.00 CrOpen
13 Apr 2014Others₹5.10 CrOpen
15 Nov 2010Others₹9.00 CrOpen
15 Nov 2010Others₹35.00 CrOpen
09 Feb 2008Others₹11.00 CrOpen

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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 growth trends for Parsoli Motor Works Private Limited

Deals i

Graph showing company valuation over time

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

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 Parsoli Motor Works

Recent Activity within the Organization

  • Annual General Meeting

    The activity Parsoli Motor Works Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records. was completed.

  • 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.

  • 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.

  • Charges

    Progress on A charge registered on 15 Dec 2016 via Charge ID 100067633 with Others was fully satisfied on 16 Dec 2017. was documented.

  • 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.

  • Charges

    The activity A charge registered on 15 Dec 2016 via Charge ID 100067643 with Others was fully satisfied on 16 Dec 2017. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Parsoli Motor Works Private Limited?

    The CIN of Parsoli Motor Works Private Limited is U29199GJ2007PTC051546.

  • Where is Parsoli Motor Works Private Limited headquartered?

    Parsoli Motor Works Private Limited is headquartered at B-7, 4Th Floor, Shalimar Complex Mahalaxmi, Paldi, Ahmedabad, Gujarat, 380007.

  • When was Parsoli Motor Works Private Limited incorporated?

    Parsoli Motor Works Private Limited was incorporated on 21 August 2007.

  • Who are the current directors of Parsoli Motor Works Private Limited?

    The current directors of Parsoli Motor Works Private Limited are

  • What is the primary industry of Parsoli Motor Works Private Limited?

    The primary industry of Parsoli Motor Works Private Limited is Trade.

  • Is Parsoli Motor Works Private Limited a listed company?

    Parsoli Motor Works Private Limited is unlisted.

  • What is the capital structure of Parsoli Motor Works Private Limited?

    The authorized capital of Parsoli Motor Works Private Limited is ₹18.00 Cr, and the paid-up capital is ₹9.10 Cr.

  • What is the compliance status of Parsoli Motor Works Private Limited?

    The compliance status of Parsoli Motor Works Private Limited is Compliant.

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