Concept 2 Wheels Limited

Retailing two-wheelers since 2013, with registered office in Hardoi, Uttar Pradesh.

2013 | Hardoi, Uttar Pradesh (India) | Active
Last Updated: January 03, 2025

Concept 2 Wheels Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 11 Year, 8 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 eight 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

    conceptcarspvtltd.com

  • 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

Who are the key members and board of directors at Concept 2 Wheels?

Executive Team (1)

NameDesignationAppointment DateStatus
Yash Agarwal Country flag representing In Managing Director31-May-2013Current

Board Members (2)

NameDesignationAppointment DateStatus
Radha Agarwal Country flag representing In Director 31-May-2013Current
Surya Agarwal Country flag representing In Director 31-May-2013Current

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%.

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
Revenue from Operations
Total Assets
4.40%
Profit or Loss
-7.45%
Net Worth
1.11%
EBITDA
-4.65%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
05 Oct 2024Bank Of India₹4.00 CrOpen
07 Aug 2024Bank Of India₹10.00 CrOpen
11 Dec 2013Bank Of India₹1.50 CrSatisfied
11 Dec 2013Bank Of India₹1.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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.

    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.

    30 Sep 2023

  • Balance Sheet

    Concept 2 Wheels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge registered on 11 Dec 2013 via Charge ID 10470335 with Bank Of India was fully satisfied on 04 May 2016.

    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.

    04 May 2016

Frequently asked questions

  • Concept 2 Wheels Limited was incorporated on 31 May 2013.

  • The authorized share capital of Concept 2 Wheels Limited is ₹ 2.40 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Concept 2 Wheels Limited.

    • Radha Agarwal
    • Surya Vardhan Agarwal
    • Yash Vardhan Agarwal
  • 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.

  • 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).

  • The Official website of Concept 2 Wheels Limited is https://www.conceptcarspvtltd.com

  • 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%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Concept 2 Wheels Limited amount to ₹ 14.00 Cr.

  • The most recent Balance Sheet for Concept 2 Wheels Limited was filed with the ROC on 31 Mar 2023.