Ashish Wheels Limited

Produces and assembles electric two-wheeler vehicles with a manufacturing unit in West Bengal.

2005 | Siliguri, West Bengal (India) | Active
Last Updated: December 06, 2024

Ashish Wheels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.59 M
  • Revenue Growth -46.10%
  • Profit Growth -625.18%
  • Ebitda 120.00%
  • Net Worth -12.65%
  • Total Assets -4.26%

About Ashish Wheels

Ashish Wheels Limited (AWL) is a Public Limited Indian Non-Government Company incorporated in India on 03 August 2005 and has a history of 19 years and six months. Its registered office is in Siliguri, West Bengal.

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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.59 M.

Bidya Agarwal, Ashish Agarwal, and Sangita Agarwal serve as directors at the Company.

Company Details

  • Location
    Siliguri, West Bengal
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50102WB2005PLC104538

  • Company No.

    104538

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

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

Board Members (3)

Name Designation Appointment Date Status
Bidya Agarwal Country flag representing In Director 03-Aug-2005 Current
Ashish Agarwal Country flag representing In Director 03-Aug-2005 Current
Sangita Agarwal Country flag representing In Director 27-Jul-2022 Current

Financial Performance of Ashish Wheels.

Ashish Wheels Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 46.1% decrease. The company also saw a substantial fall in profitability, with a 625.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.65%.

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
-46.10%
Revenue from Operations
-21.43%
Total Assets
-4.26%
Profit or Loss
-625.18%
Net Worth
-12.65%
EBITDA
120.00%

What is the Ownership and Shareholding Structure of Ashish Wheels?

In 2017, Ashish 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

₹2.59 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
16 Oct 2020 Karnataka Bank Ltd. ₹0.49 M Open
22 Jul 2009 Karnataka Bank Ltd. ₹2.10 M Open

How Many Employees Work at Ashish Wheels?

Unlock and access historical data on people associated with Ashish Wheels, 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 Ashish 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 Ashish 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 Ashish Wheels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ashish Wheels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Sangita Agarwal was appointed as a Director was appointed as a Director on 27 Jul 2022 & has been associated with this company since 2 years 6 months .

    27 Jul 2022

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 2.10 M registered on 22 Jul 2009 with Charge ID 10169657 was modified on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 0.49 M with Charge ID 100381460 was registered on 16 Oct 2020.

    16 Oct 2020

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 2.10 M with Charge ID 10169657 was registered on 22 Jul 2009.

    22 Jul 2009

Frequently asked questions

  • Ashish Wheels Limited was incorporated on 03 Aug 2005.

  • The authorized share capital of Ashish Wheels Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Ashish Wheels Limited.

    • Bidya Devi Agarwal
    • Ashish Agarwal
    • Sangita Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashish Wheels Limited is Pratap Marketsevoke Road, India, Siliguri, West Bengal, 734401.

  • The corporate identification number (CIN) of Ashish Wheels Limited is U50102WB2005PLC104538 and the company number is 104538 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashish Wheels Limited is https://www.ashishwheels.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Ashish Wheels Limited has fallen by -46.10%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Ashish Wheels Limited has experienced an downturn of -12.65%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Ashish Wheels Limited amount to ₹ 2.59 M.

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

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