Aakash Wheels Private Limited

Founded in 2012 and headquartered in Maharashtra, India.

2012 | Dhule, Maharashtra (India) | Active
Last Updated: December 25, 2024

Aakash Wheels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.50 M
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 76.47%
  • Profit Growth 73.52%
  • Ebitda 32.87%
  • Net Worth 104.27%
  • Total Assets 45.81%

About Aakash Wheels

Aakash Wheels Private Limited (AWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 2012 and has a history of 12 years and seven months. Its registered office is in Dhule, Maharashtra, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹7.50 M. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashish Lokhande and Avinash Lokhande serve as directors at the Company.

Company Details

  • Location

    Dhule, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74110MH2012PTC231906

  • Company No.

    231906

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Aakash Wheels?

Board Members (2)

Name Designation Appointment Date Status
Ashish Lokhande Country flag representing In Director 06-Jun-2012 Current
Avinash Lokhande Country flag representing In Director 06-Jun-2012 Current

Financial Performance of Aakash Wheels.

Aakash Wheels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 76.47% increase. The company also saw a substantial improvement in profitability, with a 73.52% increase in profit. The company's net worth Soared by an impressive increase of 104.27%.

Graph illustrating revenue growth over time
Graph showing 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
76.47%
Revenue from Operations
76.89%
Total Assets
45.81%
Profit or Loss
73.52%
Net Worth
104.27%
EBITDA
32.87%

What is the Ownership and Shareholding Structure of Aakash Wheels?

In 2022, Aakash Wheels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.50 M

Satisfied Charges

₹20.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
28 Oct 2018 Others ₹7.50 M Open
21 Dec 2013 Volkswagen Finance Private Limited ₹2.00 Cr Satisfied

How Many Employees Work at Aakash Wheels?

Aakash Wheels has a workforce of 11 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aakash Wheels, 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 Aakash Wheels'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 Aakash Wheels

Recent activity within the organization

  • Annual General Meeting

    Aakash Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Aakash Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 21 Dec 2013 via Charge ID 10472662 with Volkswagen Finance Private Limited was fully satisfied on 04 Aug 2023.

    04 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100229666 was registered on 28 Oct 2018.

    28 Oct 2018

  • Charges

    A charge with Volkswagen Finance Private Limited amounted to Rs. 20.00 M with Charge ID 10472662 was registered on 21 Dec 2013.

    21 Dec 2013

  • Director Appointment

    Ashish Kashinath Lokhande was appointed as a Director was appointed as a Director on 06 Jun 2012 & has been associated with this company since 12 years 7 months .

    06 Jun 2012

Frequently asked questions

  • Aakash Wheels Private Limited was incorporated on 06 Jun 2012.

  • The authorized share capital of Aakash Wheels Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.40 M.

  • Currently 2 directors are associated with Aakash Wheels Private Limited.

    • Ashish Kashinath Lokhande
    • Avinash Kashinath Lokhande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aakash Wheels Private Limited is Plot No 13, 14 Mohadi Shiwar Near Gurudwara India, Dhule, Maharashtra, 424001.

  • The corporate identification number (CIN) of Aakash Wheels Private Limited is U74110MH2012PTC231906 and the company number is 231906 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aakash Wheels Private Limited is https://www.aakashauto.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Aakash Wheels Private Limited has risen by 76.47%.

  • As Per 2022 financial reports, 11 employees are currently employed by Aakash Wheels Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Aakash Wheels Private Limited has experienced an upsurge of 104.27%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Aakash Wheels Private Limited amount to ₹ 7.50 M.

  • The most recent Balance Sheet for Aakash Wheels Private Limited was filed with the ROC on 31 Mar 2024.