Aks Wheels (India) Private Limited

Sells used cars, incorporated in 2010, based in Chattisgarh.

2010 | Raipur, Chattisgarh (India) | Active
Last Updated: January 21, 2025

Aks Wheels (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.28 Cr
  • Satisfied Charges ₹ 2.50 M
  • Revenue Growth 91.87%
  • Profit Growth 31.28%
  • Ebitda 125.95%
  • Net Worth 198.56%
  • Total Assets 5.30%

About Aks Wheels (India)

Aks Wheels (India) Private Limited (AWIPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 August 2010 and has a history of 14 years and six months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Rishika Agricultures Private Limited. 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹8.28 Cr. The company has closed loans amounting to ₹2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Aditya Jain, Kamal Jain, and Akshay Jain serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aksgroupindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50403CT2010PTC021990

  • Company No.

    021990

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Automotive

Who are the key members and board of directors at Aks Wheels (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Akshay Jain Country flag representing In Director 05-Jul-2021Current
Aditya Jain Country flag representing In Director 01-Apr-2023Current
Kamal Jain Country flag representing In Director 05-Jul-2021Current

Financial Performance of Aks Wheels (India).

Aks Wheels (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 91.87% increase. The company also saw a substantial improvement in profitability, with a 31.28% increase in profit. The company's net worth Soared by an impressive increase of 198.56%.

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
91.87%
Revenue from Operations
424.62%
Total Assets
5.30%
Profit or Loss
31.28%
Net Worth
198.56%
EBITDA
125.95%

What is the Ownership and Shareholding Structure of Aks Wheels (India)?

Unlock access to Aks Wheels (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹82.80 M

Satisfied Charges

₹2.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.38 Cr
  • Uco Bank : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2022Uco Bank₹9.00 MOpen
25 Jul 2018Hdfc Bank Limited₹7.38 CrOpen
12 May 2015The Raipur Urban Mercantile Co-Op. Bank Limited₹2.50 MSatisfied

How Many Employees Work at Aks Wheels (India)?

Unlock and access historical data on people associated with Aks Wheels (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aks Wheels (India), 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 Aks Wheels (India)'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 Aks Wheels (India)

Recent activity within the organization

  • Annual General Meeting

    Aks Wheels (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Aditya Kumar Jain was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Balance Sheet

    Aks Wheels (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge with Uco Bank amounted to Rs. 9.00 M with Charge ID 100549285 was registered on 22 Mar 2022.

    22 Mar 2022

  • Charges

    A charge registered on 12 May 2015 via Charge ID 10572496 with The Raipur Urban Mercantile Co-Op. Bank Limited was fully satisfied on 05 Jan 2022.

    05 Jan 2022

  • Director Appointment

    Kamal Chand Jain was appointed as a Director was appointed as a Director on 05 Jul 2021 & has been associated with this company since 3 years 7 months .

    05 Jul 2021

Frequently asked questions

  • Aks Wheels (India) Private Limited was incorporated on 09 Aug 2010.

  • The authorized share capital of Aks Wheels (India) Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 3 directors are associated with Aks Wheels (India) Private Limited.

    • Aditya Kumar Jain
    • Kamal Chand Jain
    • Akshay Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aks Wheels (India) Private Limited is B-(G-1/3), B-(G-1/11) Basement Ravi Bhavan Jaistambh Chowk India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Aks Wheels (India) Private Limited is U50403CT2010PTC021990 and the company number is 021990 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aks Wheels (India) Private Limited is https://www.aksgroupindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aks Wheels (India) Private Limited has risen by 91.87%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aks Wheels (India) Private Limited has experienced an upsurge of 198.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aks Wheels (India) Private Limited amount to ₹ 8.28 Cr.

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

People also Viewed

Similar Companies Based on Auto Dealership & Trading