Patel Cars Private Limited - Company Profile

It is a automotive private limited company based in Ernakulam, Kerala, India, established in 1997.
1997 Ernakulam, Kerala, India Active
Last Updated:
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About Patel Cars Private Limited

Patel Cars Private Limited, a active private limited company, was established on 10 June 1997 in Ernakulam, Kerala, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U60221KL1997PTC011516. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹2.23 Cr and a paid-up capital of ₹2.17 Cr.

Formerly known as Patel Cars Limited, J Patel Cars Limited. It upholds a compliant status. Employing 54 professional, Its leadership includes Vinod Babulal Patel (Director), Bharat Kantilal Patel (Director), Krishnaben Kantilal Patel (Director). Past directors included Chetna Bharat Patel, Babulal Pranlal Patel, Palak Mitesh Patel. It holds ₹65.34 Cr open charges and ₹117.27 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Suite Nos 205 206Iind Floor Pioneer Towers Marine Drive, Ernakulam, Kerala, 682031.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U60221KL1997PTC011516

  • Registration Number

    011516

  • Incorporation Date

    10 June 1997

  • Authorized Capital

    ₹2.23 Cr

  • Paid-Up Capital

    ₹2.17 Cr

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.23 Cr
  • Paid Up Capital ₹ 2.17 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.34 Cr
  • Satisfied Charges ₹ 117.27 Cr
  • Revenue Growth **** 57.01%
  • Profit Growth **** 632.07%
  • Ebitda **** 299.04%
  • Net Worth 848.10%
  • Total Assets -3.67%
Company report

Patel Cars Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Patel Cars 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 Patel Cars Private Limited?
Current Directors
Name Designation Appointment Date Status
Vinod Babulal Patel Director 04 Jul 2003 Current
Bharat Kantilal Patel Director 10 Jun 1997 Current
Krishnaben Kantilal Patel Director 18 Jun 2004 Current
Mitesh Kantilal Patel Managing Director 10 Jun 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Jun 2014 Past
Pramod Abcsdd Director 14 May 2012 Past
Pramod Abcsdd Director 04 Aug 2008 Past
Pramod Abcsdd Director 31 Aug 2016 Past
Pramod Abcsdd Director 22 Jan 2011 Past
Pramod Abcsdd Director 10 Jul 2008 Past

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Financial Performance of Patel Cars.

Patel Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.01% increase. The company also saw a substantial improvement in profitability, with a 632.07% increase in profit. The company's net worth Soared by an impressive increase of 848.1%.

Patel Cars revenue growth over time
Patel Cars profit and loss trends over time
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
  • 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
********
 57.01%
*******
*******
*******
*******
Revenue from Operations
*******
 59.30%
*******
*******
*******
*******
Total Assets
*******
 -3.67%
*******
*******
*******
*******
Profit or Loss
*******
 632.07%
*******
*******
*******
*******
Net Worth
*******
 848.10%
*******
*******
*******
*******
EBITDA
*******
 299.04%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Patel Cars?

In 2023, Patel Cars had a promoter holding of 75.08% and a public holding of 24.91%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹653,423,475.00

Satisfied Charges

₹1,172,693,845.00

Charges Breakdown by Lending Institutions
  • Others : 49.42 Cr
  • Standard Chartered Bank : 10.03 Cr
  • Kotak Mahindra Bank Limited : 4.20 Cr
  • Bank Of India : 1.00 Cr
  • Sidbi : 0.70 Cr
Latest Charge Details
Date Lender Amount Status
14 Nov 2025 Sidbi ₹7.00 M Open
27 Nov 2024 Others ₹4.93 M Open
27 Nov 2024 Others ₹3.29 M Open
12 Feb 2024 Others ₹1.42 Cr Open
24 Jan 2024 Others ₹1.78 M Open

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How Many Employees Work at Patel Cars?

Patel Cars has a workforce of 54 employees as of Apr 04, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patel Cars, 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 Patel Cars'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.

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Latest Updates, News, and FAQs on Patel Cars
Recent Activity within the Organization
  • Charges

    A charge with Sidbi amounted to Rs. 0.70 Cr with Charge ID 101196328 was registered on 14 Nov 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 0.49 Cr with Charge ID 101051550 was registered on 27 Nov 2024. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 0.33 Cr with Charge ID 101051692 was registered on 27 Nov 2024. was completed.

  • Annual General Meeting

    The activity Patel Cars Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Patel Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam. was documented.

  • Charges

    A charge registered on 30 Jun 2022 via Charge ID 100596466 with Others was fully satisfied on 22 Feb 2024. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Patel Cars Private Limited?

The CIN of Patel Cars Private Limited is U60221KL1997PTC011516.

Where is Patel Cars Private Limited headquartered?

Patel Cars Private Limited is headquartered at Suite Nos 205 206Iind Floor Pioneer Towers Marine Drive, Ernakulam, Kerala, 682031.

When was Patel Cars Private Limited incorporated?

Patel Cars Private Limited was incorporated on 10 June 1997.

Who are the current directors of Patel Cars Private Limited?

The current directors of Patel Cars Private Limited are

What is the primary industry of Patel Cars Private Limited?

The primary industry of Patel Cars Private Limited is Trade.

Is Patel Cars Private Limited a listed company?

Patel Cars Private Limited is unlisted.

What is the capital structure of Patel Cars Private Limited?

The authorized capital of Patel Cars Private Limited is ₹2.23 Cr, and the paid-up capital is ₹2.17 Cr.

What is the compliance status of Patel Cars Private Limited?

The compliance status of Patel Cars Private Limited is Compliant.

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