Planet Wheels Private Limited

Trading and dealing of motor vehicles, manufacturing and servicing of tools and parts.

1995 | Malda, West Bengal (India) | Active
Last Updated: November 17, 2024

Planet Wheels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.96 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.89 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 28.50%
  • Profit Growth -18.02%
  • Ebitda 15.88%
  • Net Worth 6.03%
  • Total Assets 46.39%

About Planet Wheels

Planet Wheels Private Limited (PWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 August 1995 and has a history of 29 years and five months. Its registered office is in Malda, West Bengal, India.

The Corporate was formerly known as J.K. Products 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.96 M.

The company currently has active open charges totaling ₹6.89 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ruchi Maheshwari, Anup Maheswari, and Jay Maheshwari serve as directors at the Company.

Company Details

  • Location

    Malda, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50401WB1995PTC073651

  • Company No.

    073651

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 1995

  • 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 Planet Wheels?

Executive Team (1)

Name Designation Appointment Date Status
Jay Maheshwari Country flag representing In Managing Director 05-Jun-2003 Current

Board Members (2)

Name Designation Appointment Date Status
Ruchi Maheshwari Country flag representing In Director 01-Apr-2011 Current
Anup Maheswari Country flag representing In Director 24-Aug-1995 Current

Financial Performance of Planet Wheels.

Planet Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.5% increase. The company also saw a substantial fall in profitability, with a 18.02% decrease in profit. The company's net worth moved up by a moderate rise of 6.03%.

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
28.50%
Revenue from Operations
28.64%
Total Assets
46.39%
Profit or Loss
-18.02%
Net Worth
6.03%
EBITDA
15.88%

What is the Ownership and Shareholding Structure of Planet Wheels?

In 2022, Planet Wheels had a promoter holding of 59.74% and a public holding of 40.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.90 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.89 Cr

Latest Charge Details

Date Lender Amount Status
13 Apr 2010 State Bank Of India ₹6.89 Cr Open
25 Jan 2003 Allahabad Bank ₹1.00 Cr Satisfied

How Many Employees Work at Planet Wheels?

Planet Wheels has a workforce of 18 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Planet 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 Planet 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 Planet Wheels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 68.90 M registered on 13 Apr 2010 with Charge ID 10217817 was modified on 27 Sep 2023.

    27 Sep 2023

  • Director Appointment

    Ruchi Maheshwari was appointed as a Director was appointed as a Director on 01 Apr 2011 & has been associated with this company since 13 years 10 months .

    01 Apr 2011

  • Charges

    A charge with State Bank Of India amounted to Rs. 68.90 M with Charge ID 10217817 was registered on 13 Apr 2010.

    13 Apr 2010

  • Charges

    A charge registered on 25 Jan 2003 via Charge ID 80028262 with Allahabad Bank was fully satisfied on 05 Apr 2010.

    05 Apr 2010

Frequently asked questions

  • Planet Wheels Private Limited was incorporated on 24 Aug 1995.

  • The authorized share capital of Planet Wheels Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.96 M.

  • Currently 3 directors are associated with Planet Wheels Private Limited.

    • Ruchi Maheshwari
    • Anup Maheswari
    • Jay Kishan Maheshwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Planet Wheels Private Limited is N.H 34, Gabgachi Kamlabari India, Malda, West Bengal, 732103.

  • The corporate identification number (CIN) of Planet Wheels Private Limited is U50401WB1995PTC073651 and the company number is 073651 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Planet Wheels Private Limited has risen by 28.50%.

  • As Per 2023 financial reports, 18 employees are currently employed by Planet Wheels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Planet Wheels Private Limited has experienced an upsurge of 6.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Planet Wheels Private Limited amount to ₹ 6.89 Cr.

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

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