Popular Wheelers (India) Private Limited

Authorized dealer for Maruti Suzuki cars with multiple showrooms and models.

2002 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Popular Wheelers (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.20 Cr
  • Company Age 23 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.03 Cr
  • Satisfied Charges ₹ 11.87 Cr
  • Revenue Growth 15.81%
  • Profit Growth -26.88%
  • Ebitda 4.03%
  • Net Worth 9.20%
  • Total Assets 6.72%

About Popular Wheelers (India)

Popular Wheelers (India) Private Limited (PWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 January 2002 and has a history of 23 years and three months. Its registered office is in Ahmedabad, Gujarat, 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 3.50 Cr and a paid-up capital of Rs 3.20 Cr.

The company currently has active open charges totaling ₹55.03 Cr. The company has closed loans amounting to ₹11.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jasvantkumar Patel, Chandrikaben Patel, and Devayu Jashvantbhai serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50300GJ2002PTC040347

  • Company No.

    040347

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive
Company report

Popular Wheelers (India) Private Limited

Explore comprehensive data for Popular Wheelers (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Popular Wheelers (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Jasvantkumar Patel Country flag representing In Director 07-Jan-2002Current
Chandrikaben Patel Country flag representing In Director 07-Jan-2002Current
Devayu Jashvantbhai Country flag representing In Director 23-Dec-2013Current

Financial Performance of Popular Wheelers (India).

Popular Wheelers (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.81% increase. The company also saw a substantial fall in profitability, with a 26.88% decrease in profit. The company's net worth moved up by a moderate rise of 9.2%.

Popular Wheelers (India) revenue growth over time
Popular Wheelers (India) 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
15.81%
Revenue from Operations
15.98%
Total Assets
6.72%
Profit or Loss
-26.88%
Net Worth
9.20%
EBITDA
4.03%

What is the Ownership and Shareholding Structure of Popular Wheelers (India)?

In 2023, Popular Wheelers (India) 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

₹55.03 Cr

Satisfied Charges

₹11.87 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 55.03 Cr

Latest Charge Details

DateLenderAmountStatus
03 May 2011State Bank Of India₹55.03 CrOpen
26 Aug 2009The Central Bank Of India₹5.25 CrSatisfied
13 Aug 2002The Central Bank Of India₹6.62 CrSatisfied

How Many Employees Work at Popular Wheelers (India)?

Popular Wheelers (India) has a workforce of 63 employees as of Apr 05, 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.

Employee growth trends for Popular Wheelers (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Popular Wheelers (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 Popular Wheelers (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 Popular Wheelers (India)

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Popular Wheelers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with State Bank Of India of Rs. 55.03 Cr registered on 03 May 2011 with Charge ID 10292422 was modified on 11 Oct 2022.

  • Director Appointment

    Devayu Patel Jashvantbhai was appointed as a Director was appointed as a Director on 23 Dec 2013 & has been associated with this company since 11 years 4 months .

  • Charges

    A charge registered on 26 Aug 2009 via Charge ID 10179841 with The Central Bank Of India was fully satisfied on 14 Jul 2011.

  • Charges

    A charge registered on 13 Aug 2002 via Charge ID 80012984 with The Central Bank Of India was fully satisfied on 14 Jul 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Popular Wheelers (India) Private Limited?

    Popular Wheelers (India) Private Limited was incorporated on 07 Jan 2002.

  • What is authorized share capital and paid-up capital of Popular Wheelers (India) Private Limited?

    The authorized share capital of Popular Wheelers (India) Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.20 Cr.

  • Who are the current board members & directors of Popular Wheelers (India) Private Limited?

    Currently 3 directors are associated with Popular Wheelers (India) Private Limited.

    • Jasvantkumar Ramjibhai Patel
    • Chandrikaben Jasubhai Patel
    • Devayu Patel Jashvantbhai

  • What is the registered address of Popular Wheelers (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Popular Wheelers (India) Private Limited is Sr No.366/B Sp No.104/5/1 Tp No. Popular Work Shop B/H Radhekishan Business Park Eshanpur N Arol, India, Ahmedabad, Gujarat, 382443.

  • What is the corporate identification number (CIN) and company number of Popular Wheelers (India) Private Limited?

    The corporate identification number (CIN) of Popular Wheelers (India) Private Limited is U50300GJ2002PTC040347 and the company number is 040347 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Popular Wheelers (India) Private Limited?

    The Official website of Popular Wheelers (India) Private Limited is https://www.popularwheelers.in

  • What has been the recent revenue trend for Popular Wheelers (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Popular Wheelers (India) Private Limited has risen by 15.81%.

  • How many employees does Popular Wheelers (India) Private Limited currently have?

    As Per 2023 financial reports, 63 employees are currently employed by Popular Wheelers (India) Private Limited.

  • What change has been observed in the net worth of Popular Wheelers (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Popular Wheelers (India) Private Limited has experienced an upsurge of 9.20%.

  • What are the total open charges for Popular Wheelers (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Popular Wheelers (India) Private Limited amount to ₹ 55.03 Cr.

  • When was the last Balance Sheet of Popular Wheelers (India) Private Limited filed with the ROC?

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

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