Concept 2 Wheels Profile
Key Indicators
- Authorised Capital ₹ 2.40 M
- Paid Up Capital ₹ 0.50 M
- Company Age 11 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.00 Cr
- Satisfied Charges ₹ 2.50 Cr
- Revenue Growth %
- Profit Growth -7.45%
- Ebitda -4.65%
- Net Worth 1.11%
- Total Assets 4.40%
About Concept 2 Wheels
Concept 2 Wheels Limited (C2WL) is a Public Limited Indian Non-Government Company incorporated in India on 31 May 2013 and has a history of 11 years and 11 months. Its registered office is in Hardoi, 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 2.40 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Radha Agarwal, Surya Agarwal, and Yash Agarwal serve as directors at the Company.
Company Details
- Location
Hardoi, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50102UP2013PLC057344
- Company No.
057344
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 May 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Automotive
Concept 2 Wheels Limited
Explore comprehensive data for Concept 2 Wheels Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Concept 2 Wheels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yash Agarwal  | Managing Director | 31-May-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Radha Agarwal | Director | 31-May-2013 | Current |
| Surya Agarwal | Director | 31-May-2013 | Current |
Financial Performance of Concept 2 Wheels.
Concept 2 Wheels Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 7.45% decrease in profit. The company's net worth moved up by a moderate rise of 1.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Concept 2 Wheels?
In 2023, Concept 2 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.
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Surya Agarwal and Yash Agarwal are mutual person
Charges (Loans)
Open Charges
₹140.00 M
Satisfied Charges
₹25.00 M
Charges Breakdown by Lending Institutions
- Bank Of India : 14.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2024 | Bank Of India | ₹4.00 Cr | Open |
| 07 Aug 2024 | Bank Of India | ₹10.00 Cr | Open |
| 11 Dec 2013 | Bank Of India | ₹1.50 Cr | Satisfied |
| 11 Dec 2013 | Bank Of India | ₹1.00 Cr | Satisfied |
How Many Employees Work at Concept 2 Wheels?
Unlock and access historical data on people associated with Concept 2 Wheels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Concept 2 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 Concept 2 Wheels'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.
Latest Updates, News, and FAQs on Concept 2 Wheels
Recent activity within the organization
- Charges
A charge with Bank Of India amounted to Rs. 40.00 M with Charge ID 101002933 was registered on 05 Oct 2024.
- Charges
A charge with Bank Of India amounted to Rs. 100.00 M with Charge ID 100959816 was registered on 07 Aug 2024.
- Annual General Meeting
Concept 2 Wheels Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Concept 2 Wheels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.
- Charges
A charge registered on 11 Dec 2013 via Charge ID 10470335 with Bank Of India was fully satisfied on 04 May 2016.
- Charges
A charge registered on 11 Dec 2013 via Charge ID 10470337 with Bank Of India was fully satisfied on 04 May 2016.
Frequently asked questions
What is the Incorporation or founding date of Concept 2 Wheels Limited?
Concept 2 Wheels Limited was incorporated on 31 May 2013.
What is authorized share capital and paid-up capital of Concept 2 Wheels Limited?
The authorized share capital of Concept 2 Wheels Limited is ₹ 2.40 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Concept 2 Wheels Limited?
Currently 3 directors are associated with Concept 2 Wheels Limited.
- Radha Agarwal
- Surya Vardhan Agarwal
- Yash Vardhan Agarwal
What is the registered address of Concept 2 Wheels Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Concept 2 Wheels Limited is Opposite Mandi Samiti Gate Lucknow Road India, Hardoi, Uttar Pradesh, 241001.
What is the corporate identification number (CIN) and company number of Concept 2 Wheels Limited?
The corporate identification number (CIN) of Concept 2 Wheels Limited is U50102UP2013PLC057344 and the company number is 057344 as per Ministry of Corporate Affairs (MCA).
What is the official website of Concept 2 Wheels Limited?
The Official website of Concept 2 Wheels Limited is https://www.conceptcarspvtltd.com
What change has been observed in the net worth of Concept 2 Wheels Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Concept 2 Wheels Limited has experienced an upsurge of 1.11%.
What are the total open charges for Concept 2 Wheels Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Concept 2 Wheels Limited amount to ₹ 14.00 Cr.
When was the last Balance Sheet of Concept 2 Wheels Limited filed with the ROC?
The most recent Balance Sheet for Concept 2 Wheels Limited was filed with the ROC on 31 Mar 2023.
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