MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0198671
Privil Solutions Private Limited
Privil Solutions Private Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.16 Cr
▲ 686% YoY
Net profit · FY 2023
₹9.74 Lakh
Net margin 3.1%
EBITDA · FY 2023
₹13.99 Lakh
EBITDA margin 4.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Privil Solutions Private Limited
Data last updated:
Privil Solutions 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 22 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2020PTC133936. Its GSTIN is 33AALCP0049E1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Poosappadi Chandrasekar Arunkumar and Poosapadi Vinothkumar Jayaramraja.
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 Olympia Grande Flat No. F1 F.No. 4 – By 328 Gst Road Pallavaram, Chennai, Tamil Nadu, India – 600043.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.74 Lakh (net margin 3.1%) and EBITDA of ₹13.99 Lakh (EBITDA margin 4.4%).
As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
Privil Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0198671).
Company details
CIN U74999TN2020PTC133936
Registration Number 133936
Incorporation Date 22 January 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0198671
Recognitions & Rankings of Privil Solutions
Contact details
Privil Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOlympia Grande Flat No. F1 F.No. 4 – By 328 Gst Road Pallavaram, Chennai, Tamil Nadu, India – 600043
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Privil Solutions Private Limited, buy the company report.
Comprehensive company report
Privil Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Privil Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Privil Solutions Private Limited, buy the company report.
Financials of Privil Solutions Private Limited
FY 2023 filings availablePrivil Solutions Private Limited reported revenue of ₹3.16 Cr (up 686% YoY) for FY 2023.
Revenue · FY 2023
₹3.16 Cr ▲ 686%
Net profit · FY 2023
₹9.74 Lakh margin 3.1%
EBITDA · FY 2023
₹13.99 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 686%
Revenue rose 686% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.16 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹13.99 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹9.74 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.4% | |||
| Net Profit Margin | 3.1% | |||
| 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 Privil Solutions Private Limited, buy the company report.
Board of directors of Privil Solutions Private Limited
Privil Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poosappadi Chandrasekar Arunkumar Also directs: Mukha Solutions (OPC) Private Limited, Ansio Industries Private Limited, Rajvijay Associate Private Limited and 1 more | Director | 22 Jan 2020 | 6 Years 9 Months | Current |
| Poosapadi Vinothkumar Jayaramraja Also directs: Ansio Marketplace Private Limited | Director | 22 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Privil Solutions Private Limited is audited by D B R J & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B R J & Associates | FY 2023 | 022086S |
Shareholding
The shareholding of Privil Solutions Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Privil Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2024 | 100921896 | Others | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Privil Solutions Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed against the company
7
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hero Fincorp Limited | Pending |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by Neo Growth Credit PTV. Ltd | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by Arun Indian Motors | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by Arun Indian Motors | Disposed |
To see the full case history of Privil Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Privil Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Privil Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCP0049E1ZQ | Tamil Nadu | Active | 17 Mar 2020 |
To see the full GST registrations and return filing status of Privil Solutions Private Limited, buy the company report.
Recent activity
Privil Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Poosapadi Vinothkumar Jayaramraja was appointed as Director on 22 Jan 2020.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100921896 was registered on 27 Apr 2024.
AGM
Privil Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Privil Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Appointed
Poosapadi Vinothkumar Jayaramraja was appointed as Director.
Appointed
Poosappadi Chandrasekar Arunkumar was appointed as Director.
Incorporation
22 Jan 2020
Privil Solutions Private Limited was registered on 22 Jan 2020 with Roc Chennai & aged 6 years 9 months as per MCA records.
Frequently asked questions
Privil Solutions 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 22 January 2020 (6+ years old) and is registered under CIN U74999TN2020PTC133936.
Privil Solutions has 2 current directors:
- Poosappadi Chandrasekar Arunkumar - Director
- Poosapadi Vinothkumar Jayaramraja - Director
The latest financial statements of Privil Solutions 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 FY 2020 are in the company report.
The GSTIN of Privil Solutions is 33AALCP0049E1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Privil Solutions is U74999TN2020PTC133936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Privil Solutions has 7 court cases on record: 7 filed against it. 1 is pending. Most are in the high courts.
Privil Solutions was incorporated on 22 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Poosapadi Vinothkumar Jayaramraja was appointed as Director on 22 Jan 2020. Poosappadi Chandrasekar Arunkumar was appointed as Director on 22 Jan 2020.
Yes, Privil Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0198671).
The registered office of Privil Solutions is at Olympia Grande Flat No. F1 F.No. 4 – By 328 Gst Road Pallavaram, Chennai, Tamil Nadu, India – 600043.