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CARS24 SERVICES PRIVATE LIMITED

Active
CIN: U74999HR2015FTC056386 Reg: 56386 ROC Delhi Est. 2015-08-12 ✉ [email protected] 🌐 cars24.com
📍 10th Floor, Tower – B, Unitech Cyber Park Sector - 39, NA, Gurugram, Haryana 122001, India
About CARS24

CARS24 is an online platform for buying and selling used cars. They offer services such as car loans, new car information, and vehicle history reports. Customers can also utilize services like paying challans, car scrapping, maintenance, and driver hire. The platform provides a secure and instant process for selling used cars, including doorstep pickup, immediate payment, and free RC transfer. CARS24 also offers a hassle-free buying experience with verified second-hand cars and options like warranty, service contracts, roadside assistance, and assured buyback.

Annual Revenue
500+ Crore INR

Company Overview

CategoryCompany limited by shares
ClassPrivate
Sub-Categorysubsidiary of company incorporated outside India
ListedUnlisted
Age10 years, 0 months, 3 days
Auth. Capital₹20,00,00,000
Paid-Up Capital₹18,22,25,230
Last AGM29-09-2023
Last Balance Sheet31-03-2023

Business Activity

NIC Code7499
SectorOther business activities n.e.c.[This class includes service activities generally delivered to commercial clients]
DivisionOTHER BUSINESS ACTIVITIES
GroupBusiness activities n.e.c.

Profit & Loss (Cr.)

Year-wise financial performance. All values in Indian Rupees Crore (Cr.).

Financial Year Paid Up Capital Net Worth Total Income Total Expense Profit Before Tax Income Tax Profit After Tax
2023 16.52 1444.18 5434.68 5903.93 -469.25 0.00 -469.25
2022 15.64 1327.43 5924.18 6152.78 -228.60 0.00 -228.60
2021 14.90 1188.27 2771.06 2946.48 -175.42 0.00 -175.42
2020 13.34 629.00 3059.46 3336.64 -277.18 0.00 -277.18
2019 11.51 170.76 1687.65 2013.30 -325.65 0.00 -325.65
2018 10.08 88.12 669.83 748.77 -78.95 0.00 -78.95
2016 2.28 23.43 74.98 99.17 -24.19 0.00 -24.19

Financial Performance Over the Years

Current Directors & Key Managerial Personnel

Directors currently active in CARS24 SERVICES PRIVATE LIMITED.

DIN Name Designation Appointed On Wealth Segment Current Directorships
08225312 RUCHIT AGARWAL Director 2022-01-25 – 3
08225313 GAJENDRA KUMAR JANGID Director 2022-12-09 – 3

Past Directors & Key Managerial Personnel

Former directors who have ceased their association with CARS24 SERVICES PRIVATE LIMITED.

DIN Name Designation Appointed On Wealth Segment Cessation Date
05221419 CHOPRA VIKRAM RAJESH Director - – 2017-09-28
05221419 CHOPRA VIKRAM RAJESH Whole-time director - – 2020-07-04
05341082 MEHUL AGRAWAL Director - – 2017-09-28
05341082 MEHUL AGRAWAL Whole-time director - – 2023-01-30
06497905 GOUTENDRA PRATAP SINGH Company Secretary - – 2020-08-31
07545619 ALISHA CHAWLA Company Secretary - – 2017-07-03
07862102 SOMESH KUMAR Company Secretary - – 2021-11-23
08225312 RUCHIT AGARWAL Additional Director - – 2021-01-27
08225312 RUCHIT AGARWAL CFO(KMP) - – 2022-01-25
08225312 RUCHIT AGARWAL Whole-time director - – 2022-01-25
08225313 GAJENDRA KUMAR JANGID Additional Director - – 2023-09-28

Open Charges

Charge ID100672412
HolderCATALYST TRUSTEESHIP LIMITED
Amount₹6,20,00,00,000
Created09-01-2023
Assetsnull

Satisfied Charges

Charge ID100141594
HolderKOTAK MAHINDRA BANK LIMITED
Amount₹50,00,00,000
Created28-11-2017
Satisfied20-04-2023
AssetsBook debts; Floating charge; Movable property (not being pledge)
Charge ID100226867
HolderYES BANK LIMITED
Amount₹10,00,00,000
Created07-12-2018
Satisfied16-10-2019
AssetsBook debts; Floating charge; Stock and other current assets
Charge ID100279443
HolderAXIS TRUSTEE SERVICES LIMITED
Amount₹45,00,00,000
Created24-05-2019
Satisfied30-09-2022
AssetsCopyright or licence under copy right; As per Part A and Part B of Deed of Hypothecation
Charge ID100403025
HolderICICI BANK LIMITED
Amount₹5,00,00,000
Created16-12-2020
Satisfied29-07-2021
AssetsBook debts; Floating charge; Movable property (not being pledge); all current and movable fixed asset except cash
Charge ID100432409
HolderHDFC BANK LIMITED
Amount₹15,00,00,000
Created05-03-2021
Satisfied02-05-2023
AssetsBook debts; Floating charge; Movable property (not being pledge); Current Assets and MFA
Charge ID100446197
HolderYES BANK LIMITED
Amount₹15,00,00,000
Created20-05-2021
Satisfied23-05-2023
AssetsBook debts; Floating charge; Movable property (not being pledge); As per Schedule 1 of Deed of Hypothecation
Charge ID100451546
HolderThe Hongkong and Shanghai Banking Corporation Limited
Amount₹10,00,00,000
Created21-06-2021
Satisfied11-04-2023
AssetsBook debts; Floating charge; Movable property (not being pledge); Current Assets, Movable Fixed Assets, P & M
Charge ID100452593
HolderVIVRITI CAPITAL PRIVATE LIMITED
Amount₹5,00,00,000
Created31-05-2021
Satisfied16-06-2023
AssetsFloating charge; Movable property (not being pledge); general lien and set-off right on all assets
Charge ID100452617
HolderVIVRITI CAPITAL PRIVATE LIMITED
Amount₹5,00,00,000
Created31-05-2021
Satisfied16-06-2023
AssetsFloating charge; Movable property (not being pledge); general lien and set-off right on all assets
Charge ID100452620
HolderVIVRITI CAPITAL PRIVATE LIMITED
Amount₹5,00,00,000
Created31-05-2021
Satisfied16-06-2023
AssetsFloating charge; Movable property (not being pledge); general lien and set-off right on all assets
Charge ID100452628
HolderVIVRITI CAPITAL PRIVATE LIMITED
Amount₹5,00,00,000
Created31-05-2021
Satisfied16-06-2023
AssetsFloating charge; Movable property (not being pledge); general lien and set-off right on all assets
Charge ID100452933
HolderVIVRITI CAPITAL PRIVATE LIMITED
Amount₹5,00,00,000
Created31-05-2021
Satisfied16-06-2023
AssetsFloating charge; Movable property (not being pledge); general lien and set-off right on all assets
Charge ID100459178
HolderNORTHERN ARC CAPITAL LIMITED
Amount₹50,00,00,000
Created22-06-2021
Satisfied30-11-2022
AssetsBook debts; Floating charge; Movable property (not being pledge); As per Amendment Agreement dated 30 March 2022.
Charge ID100472948
HolderIDFC FIRST BANK LIMITED
Amount₹40,00,00,000
Created30-08-2021
Satisfied18-03-2023
AssetsMotor Vehicle (Hypothecation); Book debts; Floating charge; Movable property (not being pledge); All current and movable fixed asset except cash
Charge ID100469824
HolderINNOVEN CAPITAL INDIA PRIVATE LIMITED
Amount₹50,00,00,000
Created29-07-2021
Satisfied14-12-2023
AssetsGoodwill; Book debts; Trademark; Floating charge; Movable property (not being pledge); Copyright; As per executed DOH dated 29 July 2021
Charge ID100462365
HolderICICI BANK LIMITED
Amount₹90,00,00,000
Created28-07-2021
Satisfied15-04-2023
AssetsBook debts; Floating charge; Movable property (not being pledge); all current and movable fixed asset except cash
Charge ID100467729
HolderAxis Bank Limited
Amount₹50,00,00,000
Created19-07-2021
Satisfied25-05-2023
AssetsBook debts; Floating charge; Movable property (not being pledge); Current assets and fixed charge on movable assets.
Charge ID100464104
HolderAXIS TRUSTEE SERVICES LIMITED
Amount₹1,00,00,00,000
Created25-06-2021
Satisfied14-09-2023
AssetsCopyright or licence under copy right; As per Schedule I of Deed of Hypothecation dated 2
Charge ID100484712
HolderTATA CAPITAL FINANCIAL SERVICES LIMITED
Amount₹40,00,00,000
Created22-09-2021
Satisfied22-02-2023
AssetsBook debts; Floating charge; Movable property (not being pledge); As per Deed of Hypothecation dated 22 Sep 2021.
Charge ID100508811
HolderTHE FEDERAL BANK LTD
Amount₹30,00,00,000
Created03-12-2021
Satisfied11-05-2023
AssetsBook debts; Floating charge; Movable property (not being pledge); Current assets and Movable fixed assets
Charge ID100491771
HolderOXYZO FINANCIAL SERVICES PRIVATE LIMITED
Amount₹20,00,00,000
Created30-09-2021
Satisfied16-11-2022
AssetsFloating charge; Movable property (not being pledge); As mentioned in Clause 3 of Hypothecation of DOH
Charge ID100495589
HolderMILESTONE TRUSTEESHIP SERVICES PRIVATE LIMITED
Amount₹30,00,00,000
Created14-09-2021
Satisfied12-09-2023
AssetsAs per Schedule 1 of Deed of Hypothecation dated 1
Charge ID100511827
HolderStandard Chartered Bank
Amount₹75,00,00,000
Created17-12-2021
Satisfied22-03-2023
AssetsBook debts; Movable property (not being pledge); FIRST PARI PASSU CH. CURRENT ASSETS AND MOV. F/ASS
Charge ID100528730
HolderCATALYST TRUSTEESHIP LIMITED
Amount₹60,00,00,000
Created04-10-2021
Satisfied11-10-2023
AssetsCopyright or licence under copy right

Employee Trend (PF)

Monthly EPF contribution data showing employee headcount and wages paid.

Month Employee Count Amount Paid (EPF)
APR-22 2601 ₹1,00,06,779
MAY-22 2473 ₹97,63,244
JUN-22 2344 ₹94,57,031
JUL-22 2301 ₹93,00,254
AUG-22 2174 ₹87,94,100
SEP-22 2085 ₹85,84,414
OCT-22 2084 ₹85,62,887
NOV-22 2091 ₹86,24,343
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About CARS24

CARS24 SERVICES PRIVATE LIMITED (CIN: U74999HR2015FTC056386) is a active private company incorporated on 2015-08-12, registered under ROC Delhi. The company operates in the other business activities n.e.c.[this class includes service activities generally delivered to commercial clients] sector (NIC Code: 7499).

For financial year 2024, CARS24 SERVICES PRIVATE LIMITED reported a total income of ₹67,37,38,00,000, placing it in the 500+ Crore INR revenue bracket .

The company has 2 current directors : RUCHIT AGARWAL , GAJENDRA KUMAR JANGID . 11 past directors are also on record.

Registered Address: 10th Floor, Tower – B, Unitech Cyber Park Sector - 39, NA, Gurugram, Haryana 122001, India

CARS24 SERVICES PRIVATE LIMITED CIN CARS24 SERVICES PRIVATE LIMITED directors list CARS24 SERVICES PRIVATE LIMITED annual revenue 2024 CARS24 SERVICES PRIVATE LIMITED ROC filing CARS24 SERVICES PRIVATE LIMITED profit loss statement CARS24 SERVICES PRIVATE LIMITED net worth CARS24 revenue CARS24 directors RUCHIT AGARWAL DIN 08225312 net worthGAJENDRA KUMAR JANGID DIN 08225313 net worth Other business activities n.e.c.[This class includes service activities generally delivered to commercial clients] companies India private limited company ROC Delhi