Parveen Automobiles Private Limited

Parveen Automobiles Private Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U50103TN2007PTC064491 Incorporated 20 August 2007 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company automotive MSME · Small
Revenue · FY 2023
₹90.4 Lakh
▲ 13% YoY
Net loss · FY 2023
₹52.66 Lakh
Net margin -58.3%
EBITDA · FY 2023
₹4.04 Lakh
EBITDA margin 4.5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.01 Cr
Issued & subscribed
Open charges
₹2.72 Cr
Satisfied ₹11.3 Cr
Company age
19 yrs
Est. 2007
Directors on board
4
As per MCA filings

About Parveen Automobiles Private Limited

Data last updated:

Parveen Automobiles Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 20 August 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U50103TN2007PTC064491. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors including Sadiq Baksh Allah (Managing Director) and Afzal.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 148 Perambur Barracks Road Puraswalkam, Chennai, Tamil Nadu, India – 600007.

As per the financials filed for FY 2023, the company reported a revenue of ₹90.4 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹52.66 Lakh (net margin -58.3%) and EBITDA of ₹4.04 Lakh (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 38% over five years.

As per MCA filings, the company has open charges of ₹2.72 Cr and satisfied charges of ₹11.3 Cr on record. Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it; 2 cases are pending.

Parveen Automobiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0085308). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parveenautomobiles.in.

Company details

CIN U50103TN2007PTC064491
Registration Number 064491
Incorporation Date 20 August 2007
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0085308
Key People
Sadiq Baksh Allah Managing Director Afzal Director Aslam Director

Recognitions & Rankings of Parveen Automobiles

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0085308

Contact details

Parveen Automobiles Private Limited's registered office is in Chennai, Tamil Nadu. Its website is parveenautomobiles.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    parveenautomobiles.in
  • Registered Address
    148 Perambur Barracks Road Puraswalkam, Chennai, Tamil Nadu, India – 600007
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Parveen Automobiles Private Limited, buy the company report.

Comprehensive company report
Parveen Automobiles Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Parveen Automobiles is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

To see the full business activity and turnover split of Parveen Automobiles Private Limited, buy the company report.

Financials of Parveen Automobiles Private Limited

FY 2023 filings available

Parveen Automobiles Private Limited reported revenue of ₹90.4 Lakh (up 13% YoY) for FY 2023.

Revenue · FY 2023
₹90.4 Lakh ▲ 13%
Net loss · FY 2023
₹52.66 Lakh margin -58.3%
EBITDA · FY 2023
₹4.04 Lakh margin 4.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 39%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▲ 162%
3 years · compounded
▲ 27%
5 years · compounded
▲ 16%

Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA rose 162% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹52.66 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin4.5%
Net Profit Margin-58.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Parveen Automobiles Private Limited, buy the company report.

Board of directors of Parveen Automobiles Private Limited

Parveen Automobiles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Afzal
Also directs: Parveen Travels Private Limited, P T Express Lines Private Limited, Ab Business Enterprises Private Limited and 1 more
Director20 Aug 200719 Years 2 MonthsCurrent
Aslam
Also directs: Parveen Travels Private Limited, P T Express Lines Private Limited, Ab Business Enterprises Private Limited
Director20 Aug 200719 Years 2 MonthsCurrent
Aarif
Also directs: A B Resorts and Restaurants Private Limited, Parveen Travels Private Limited, P T Express Lines Private Limited and 1 more
Director20 Aug 200719 Years 2 MonthsCurrent
Sadiq Baksh Allah
Also directs: Parveen Travels Private Limited, P T Express Lines Private Limited, Ab Business Enterprises Private Limited and 2 more
Managing Director20 Aug 200719 Years 2 MonthsCurrent
View all directors

Auditor

Parveen Automobiles Private Limited is audited by M MOHAMED SAFI & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
M MOHAMED SAFI & COFY 2022012028S

Shareholding

The shareholding of Parveen Automobiles Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Parveen Automobiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.72 Cr
Satisfied charges
₹11.3 Cr
Breakdown by lending institutions
Others₹2.72 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Dec 2021100519558Others₹60.35 LakhOpen
11 Dec 2021100519623Others₹52.08 LakhOpen
11 Dec 2021100519624Others₹1.6 CrOpen
12 Jun 201510580422Tamilnad Mercantile Bank Limited₹4.84 CrSatisfied
30 Sep 201310456297The Jammu & Kashmir Bank Limited₹3 CrSatisfied

To see the full charge records of Parveen Automobiles Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Parveen Automobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Parveen Automobiles has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Parveen Automobiles Private Limited, buy the company report.

Recent activity

Parveen Automobiles Private Limited has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Sadiq Baksh Allah ceased to be Director on 01 Mar 2014.

Charges
A charge registered on 12 Jun 2015 via Charge ID 10580422 with Tamilnad Mercantile Bank Limited was fully satisfied on 20 Jan 2024.
AGM
Parveen Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Parveen Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 4.84 Cr registered on 12 Jun 2015 with Charge ID 10580422 was modified on 31 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100519558 was registered on 11 Dec 2021.
Charges
A charge with Others amounted to Rs. 0.52 Cr with Charge ID 100519623 was registered on 11 Dec 2021.
Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100519624 was registered on 11 Dec 2021.
Charges
A charge registered on 04 Dec 2009 via Charge ID 10227087 with Corporation Bank was fully satisfied on 14 Aug 2015.
Charges
A charge registered on 30 Sep 2013 via Charge ID 10456297 with The Jammu & Kashmir Bank Limited was fully satisfied on 26 Jun 2015.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.84 Cr with Charge ID 10580422 was registered on 12 Jun 2015.
Ceased
Sadiq Baksh Allah ceased to be Director.
Charges
A charge registered on 27 Aug 2012 via Charge ID 10381393 with Corporation Bank was fully satisfied on 18 Oct 2013.

11 earlier events are in the company report.

Frequently asked questions

Parveen Automobiles is an active private limited company based in Chennai, Tamil Nadu, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 20 August 2007 (19+ years old) and is registered under CIN U50103TN2007PTC064491.

Parveen Automobiles has 4 current directors:

The latest financial statements of Parveen Automobiles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

No. Parveen Automobiles has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Parveen Automobiles is U50103TN2007PTC064491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Parveen Automobiles has 14 court cases on record: 3 filed by the company and 11 filed against it. 2 are pending. Most are in the district courts.

Parveen Automobiles was incorporated on 20 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.

Sadiq Baksh Allah ceased to be Director on 01 Mar 2014. Aarif was appointed as Director on 20 Aug 2007. Afzal was appointed as Director on 20 Aug 2007. Parveen Automobiles has 5 board changes on record in total.

Yes, Parveen Automobiles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0085308).

Parveen Automobiles can be reached through the website parveenautomobiles.in. Its registered office is in Chennai, Tamil Nadu, India.