Advance Wheelcare Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 8.73 M
as on 24-10-2024
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.60 Cr
as on 24-10-2024
- Satisfied Charges ₹ 16.81 Cr
as on 24-10-2024
- Revenue 6.46%
(FY 2023)
- Profit 30.20%
(FY 2023)
- Ebitda 353.88%
(FY 2023)
- Net Worth 129.45%
(FY 2023)
- Total Assets 13.74%
(FY 2023)
About Advance Wheelcare
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 Cr and a paid-up capital of Rs 8.73 M.
The company currently has active open charges totaling ₹13.60 Cr. The company has closed loans amounting to ₹16.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sangita Sethia and Inder Sethia serve as directors at the Company.
- CIN/LLPIN
U50403GJ2004PTC043754
- Company No.
043754
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Mar 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Advance Wheelcare?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sangita Sethia  | Additional Director | 11-Apr-2009 | Current |
| Inder Sethia | Director | 09-Mar-2004 | Current |
Financial Performance of Advance Wheelcare.
Advance Wheelcare Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.46% increase. The company also saw a substantial improvement in profitability, with a 30.2% increase in profit. The company's net worth Soared by an impressive increase of 129.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advance Wheelcare?
In 2023, Advance Wheelcare had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 15 Nov 2023 | ₹6.04 Cr | Open |
Others Creation Date: 23 Mar 2023 | ₹7.19 Cr | Open |
Others Creation Date: 18 Mar 2023 | ₹3.70 M | Open |
How Many Employees Work at Advance Wheelcare?
Advance Wheelcare has a workforce of 15 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advance Wheelcare, 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 Advance Wheelcare's trajectory.
Rating
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
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.
