Admire Wheels Private Limited

Retailer of cars and car parts.

2019 | Meerut, Uttar Pradesh (India) | Active
Last Updated: June 18, 2024

Admire Wheels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 71.01 Cr
  • Satisfied Charges ₹ 21.77 Cr
  • Revenue Growth 49.07%
  • Profit Growth 64.71%
  • Ebitda 31.08%
  • Net Worth 33.93%
  • Total Assets -11.81%

About Admire Wheels

Admire Wheels Private Limited (AWPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 March 2019 (Five years and 11 months 4 days old ). Its registered office is in Meerut, Uttar Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹71.01 Cr. The company has closed loans amounting to ₹21.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pankaj Veerbhan and Vivek Kumar serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50101UP2019PTC114323

  • Company No.

    114323

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Pankaj Veerbhan Country flag representing In Director 01-Mar-2019 Current
Vivek Kumar Country flag representing In Director 01-Mar-2019 Current

Financial Performance of Admire Wheels.

Admire Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.07% increase. The company also saw a substantial improvement in profitability, with a 64.71% increase in profit. The company's net worth Soared by an impressive increase of 33.93%.

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
49.07%
Revenue from Operations
49.05%
Total Assets
-11.81%
Profit or Loss
64.71%
Net Worth
33.93%
EBITDA
31.08%

What is the Ownership and Shareholding Structure of Admire Wheels?

In 2023, Admire 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

₹71.01 Cr

Satisfied Charges

₹21.77 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 59.83 Cr
  • Others : 11.18 Cr

Latest Charge Details

Date Lender Amount Status
18 Mar 2024 Hdfc Bank Limited ₹7.50 M Open
30 Dec 2023 Hdfc Bank Limited ₹38.14 Cr Open
29 Nov 2023 Hdfc Bank Limited ₹20.95 Cr Open
16 Oct 2023 Others ₹6.28 M Open
27 Sep 2023 Others ₹1.58 M Open

How Many Employees Work at Admire Wheels?

Admire Wheels has a workforce of 12 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 Admire 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 Admire 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 Admire Wheels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100886880 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge registered on 15 Sep 2023 via Charge ID 100786173 with Others was fully satisfied on 04 Jan 2024.

    04 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 38.14 Cr with Charge ID 100844314 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge registered on 05 Oct 2019 via Charge ID 100294249 with Others was fully satisfied on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.95 Cr with Charge ID 100834295 was registered on 29 Nov 2023.

    29 Nov 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 23 Aug 2023 with Charge ID 100788311 was modified on 19 Oct 2023.

    19 Oct 2023

Frequently asked questions

  • Admire Wheels Private Limited was incorporated on 01 Mar 2019.

  • The authorized share capital of Admire Wheels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

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

    • Pankaj Veerbhan
    • Vivek Veerbhan Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Admire Wheels Private Limited is 198 Green Villa A2Z Developers Colony, Meerut, Uttar Pradesh, India, 250002.

  • The corporate identification number (CIN) of Admire Wheels Private Limited is U50101UP2019PTC114323 and the company number is 114323 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Admire Wheels Private Limited has risen by 49.07%.

  • As Per 2023 financial reports, 12 employees are currently employed by Admire Wheels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Admire Wheels Private Limited has experienced an upsurge of 33.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Admire Wheels Private Limited amount to ₹ 71.01 Cr.

  • The most recent Balance Sheet for Admire Wheels Private Limited was filed with the ROC on 31 Mar 2023.

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