Patel Cars Private Limited Company Logo

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:

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 ₹64.64 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

  • 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 Indicators

  • Authorised Capital ₹ 2.23 Cr
  • Paid Up Capital ₹ 2.17 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 64.64 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

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

NameDesignationAppointment DateStatus
Vinod Babulal PatelDirector04 Jul 2003Current
Bharat Kantilal PatelDirector10 Jun 1997Current
Krishnaben Kantilal PatelDirector18 Jun 2004Current
Mitesh Kantilal PatelManaging Director10 Jun 1997Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector10 Jun 2014Past
Pramod AbcsddDirector14 May 2012Past
Pramod AbcsddDirector04 Aug 2008Past
Pramod AbcsddDirector31 Aug 2016Past
Pramod AbcsddDirector22 Jan 2011Past
Pramod AbcsddDirector10 Jul 2008Past

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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
  • 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%

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 Indicator graph

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Charges (Loans)

Open Charges

₹646,423,475.00

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

Latest Charge Details

DateLenderAmountStatus
27 Nov 2024Others₹3.29 MOpen
27 Nov 2024Others₹4.93 MOpen
12 Feb 2024Others₹1.42 CrOpen
24 Jan 2024Others₹1.78 MOpen
23 Jan 2024Others₹2.30 CrOpen

Explore comprehensive loan charge details -

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 growth trends for Patel Cars Private Limited

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.

Latest Updates, News, and FAQs on Patel Cars

Recent Activity within the Organization

  • 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.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.49 Cr with Charge ID 101051550 was registered on 27 Nov 2024. was documented.

  • 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

    The activity Patel Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam. was completed.

  • Charges

    The activity A charge registered on 30 Jun 2022 via Charge ID 100596489 with Others was fully satisfied on 22 Feb 2024. was completed.

  • Charges

    The activity A charge registered on 30 Jun 2022 via Charge ID 100596491 with Others was fully satisfied on 22 Feb 2024. was completed.

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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