Reinventing Wheels Private Limited

Sells preowned vehicles and spares, incorporated in 2020 in Chattisgarh.

2020 | Raipur, Chattisgarh (India) | Active
Last Updated: November 01, 2024

Reinventing Wheels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 M
  • Revenue Growth 70.55%
  • Profit Growth -41.28%
  • Ebitda 42.73%
  • Net Worth -1251.12%
  • Total Assets 16.50%

About Reinventing Wheels

Reinventing Wheels Private Limited (RWPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 June 2020 (Four years and seven months 27 days old ). Its registered office is in Raipur, Chattisgarh, 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 2.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹6.00 M.

Amit Agrawal, Ashish Agrawal, and Sneha Agrawal serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999CT2020PTC010142

  • Company No.

    010142

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Sneha Agrawal Managing Director 05-Nov-2022 Current

Board Members (2)

Name Designation Appointment Date Status
Amit Agrawal Country flag representing In Director 10-Jun-2020 Current
Ashish Agrawal Country flag representing In Director 10-Jun-2020 Current

Financial Performance of Reinventing Wheels.

Reinventing Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.55% increase. The company also saw a substantial fall in profitability, with a 41.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1251.12%.

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
70.55%
Revenue from Operations
70.55%
Total Assets
16.50%
Profit or Loss
-41.28%
Net Worth
-1251.12%
EBITDA
42.73%

What is the Ownership and Shareholding Structure of Reinventing Wheels?

In 2022, Reinventing Wheels had a public holding of 10.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
27 Feb 2023 State Bank Of India ₹6.00 M Open

How Many Employees Work at Reinventing Wheels?

Reinventing Wheels has a workforce of 0 employees as of Apr 07, 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 Reinventing 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 Reinventing 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 Reinventing Wheels

Recent activity within the organization

  • Annual General Meeting

    Reinventing Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Reinventing Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.00 M with Charge ID 100731032 was registered on 27 Feb 2023.

    27 Feb 2023

  • Director Appointment

    Sneha Agrawal was appointed as a Managing Director was appointed as a Managing Director on 05 Nov 2022 & has been associated with this company since 2 years 3 months .

    05 Nov 2022

  • Director Appointment

    Amit Agrawal was appointed as a Director was appointed as a Director on 10 Jun 2020 & has been associated with this company since 4 years 7 months .

    10 Jun 2020

  • Director Appointment

    Ashish Agrawal was appointed as a Director was appointed as a Director on 10 Jun 2020 & has been associated with this company since 4 years 7 months .

    10 Jun 2020

Frequently asked questions

  • Reinventing Wheels Private Limited was incorporated on 10 Jun 2020.

  • The authorized share capital of Reinventing Wheels Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.

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

    • Amit Agrawal
    • Ashish Agrawal
    • Sneha Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reinventing Wheels Private Limited is C/O Devendra Kumar Kohade Near Overbridge Kapa Lodhipara India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Reinventing Wheels Private Limited is U74999CT2020PTC010142 and the company number is 010142 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reinventing Wheels Private Limited has risen by 70.55%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reinventing Wheels Private Limited has experienced an downturn of -1251.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reinventing Wheels Private Limited amount to ₹ 6.00 M.

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