Patel Bus Services Private Limited
About Patel Bus Services Private Limited
Data last updated:
Patel Bus Services Private Limited was a private limited company based in Solapur, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the support services segment of the services sector. It was incorporated on 09 August 2010.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U63030PN2010PTC137072.
The company had an authorised share capital of ₹22 Lakh and a paid-up capital of ₹17.8 Lakh. It was led by directors Manoj Shripati Salunke and Suraj Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 2 Gajaraj Nagar Hotgi Road Majrewadi, Solapur, Maharashtra, India – 413003.
As per the financials filed for FY 2017, the company reported a revenue of ₹98.62 Lakh. For the same year it recorded a net loss of ₹4.75 Lakh (net margin -4.8%) and EBITDA of ₹52.89 Lakh (EBITDA margin 53.6%).
The company had about 26 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹45.93 Lakh on record.
Company details
Contact details
Patel Bus Services Private Limited's registered office is in Solapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Gajaraj Nagar Hotgi Road Majrewadi, Solapur, Maharashtra, India – 413003
- IndustryService, Other Support Services
To see the full contact details of Patel Bus Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Patel Bus Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
Financials of Patel Bus Services Private Limited
FY 2020 filings availablePatel Bus Services Private Limited reported revenue of ₹98.62 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹98.62 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹52.89 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.75 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 53.6% | ||
| Net Profit Margin | -4.8% | ||
| 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 Patel Bus Services Private Limited, buy the company report.
Board of directors of Patel Bus Services Private Limited
Patel Bus Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Shripati Salunke | Director | 01 Nov 2010 | 15 Years 11 Months | As last reported |
| Suraj Kulkarni | Director | 09 Aug 2010 | 16 Years 2 Months | As last reported |
Auditor
Patel Bus Services Private Limited is audited by G.G. BORGAONKAR AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.G. BORGAONKAR AND COMPANY | FY 2017 | 0101564W |
Shareholding
The shareholding of Patel Bus Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Patel Bus Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2012 | 10365727 | Samarth Sahakari Bank Limited | ₹45.93 Lakh | Satisfied |
To see the full charge records of Patel Bus Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Patel Bus Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Patel Bus Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Patel Bus Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Patel Bus Services Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Shriraj Prabhakar Dadpe ceased to be Director on 15 Feb 2021.
Frequently asked questions
Patel Bus Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Patel Bus Services was a private limited company based in Solapur, Maharashtra, India. The company worked in other support services, within the service industry. It was incorporated on 09 August 2010 and is registered under CIN U63030PN2010PTC137072. The company has been struck off by the Registrar of Companies and is no longer operational.
Patel Bus Services had 2 directors:
- Manoj Shripati Salunke - Director
- Suraj Kulkarni - Director
The CIN (Corporate Identification Number) of Patel Bus Services is U63030PN2010PTC137072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Patel Bus Services is at 2 Gajaraj Nagar Hotgi Road Majrewadi, Solapur, Maharashtra, India – 413003.
Patel Bus Services was incorporated on 09 August 2010. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Patel Bus Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
Patel Bus Services operated in the service industry, in the other support services segment. It worked in this industry before it was struck off.
Shriraj Prabhakar Dadpe ceased to be Director on 15 Feb 2021. Usmangani Patel ceased to be Director on 15 Feb 2021. Manoj Shripati Salunke ceased to be Additional Director on 31 Dec 2011. Patel Bus Services has 5 board changes on record in total.
Patel Bus Services has no open charges and satisfied charges of ₹45.93 Lakh as per latest MCA filings.
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