Wasan Motors Private Limited

Offers retail trade services for motor vehicles, motorcycles, snowmobiles and related parts and accessories.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Wasan Motors Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.26 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 221.18 Cr
  • Satisfied Charges ₹ 15.50 Cr
  • Revenue Growth 56.52%
  • Profit Growth 132.89%
  • Ebitda 30.25%
  • Net Worth 48.07%
  • Total Assets 40.13%

About Wasan Motors

Wasan Motors Private Limited (WMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 October 1997 and has a history of 27 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Wasan Motors 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.26 Cr.

The company currently has active open charges totaling ₹221.18 Cr. The company has closed loans amounting to ₹15.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kasturilal Wasan and Kunal Wasan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wasanonline.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50100MH1997PTC111090

  • Company No.

    111090

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Wasan Motors Private Limited offer?

Wasan Motors Private Limited offers a wide range of products and services, including Cars, Ford Cars, Car Rental, TATA Car, Outstation Car Rental, Motor Cars, Cab Services, Sales Support Services, Car Sales Services, Vehicle Rental.

Who are the key members and board of directors at Wasan Motors?

Executive Team (1)

NameDesignationAppointment DateStatus
Kasturilal Wasan Country flag representing In Managing Director31-Jul-2001Current

Board Members (1)

NameDesignationAppointment DateStatus
Kunal Wasan Country flag representing In Director 11-Feb-2013Current

Financial Performance of Wasan Motors.

Wasan Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.52% increase. The company also saw a substantial improvement in profitability, with a 132.89% increase in profit. The company's net worth Soared by an impressive increase of 48.07%.

Wasan Motors revenue growth over time
Wasan Motors 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
56.52%
Revenue from Operations
53.98%
Total Assets
40.13%
Profit or Loss
132.89%
Net Worth
48.07%
EBITDA
30.25%

What is the Ownership and Shareholding Structure of Wasan Motors?

In 2023, Wasan Motors 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

₹221.18 Cr

Satisfied Charges

₹15.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 209.10 Cr
  • Hdfc Bank Limited : 12.08 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2023Others₹50.00 CrOpen
03 Jun 2021Others₹24.00 CrOpen
15 Oct 2020Others₹9.41 MOpen
16 May 2018Hdfc Bank Limited₹12.08 CrOpen
24 Apr 2018Others₹24.00 CrOpen

How Many Employees Work at Wasan Motors?

Wasan Motors has a workforce of 437 employees as of Sep 19, 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 Wasan Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wasan Motors, 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 Wasan Motors'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 Wasan Motors

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Wasan Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100701381 was registered on 30 Mar 2023.

  • Charges

    A charge registered on 28 Sep 2004 via Charge ID 90149570 with Bank Of Baroda was fully satisfied on 17 Jun 2022.

  • Charges

    A charge with Others of Rs. 76.96 Cr registered on 25 Mar 2010 with Charge ID 10214798 was modified on 16 May 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.08 Cr registered on 16 May 2018 with Charge ID 100179761 was modified on 06 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Wasan Motors Private Limited?

    Wasan Motors Private Limited was incorporated on 06 Oct 1997.

  • What is authorized share capital and paid-up capital of Wasan Motors Private Limited?

    The authorized share capital of Wasan Motors Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.26 Cr.

  • Who are the current board members & directors of Wasan Motors Private Limited?

    Currently 2 directors are associated with Wasan Motors Private Limited.

    • Kasturilal Kundanlal Wasan
    • Kunal Kasturilal Wasan

  • What is the registered address of Wasan Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wasan Motors Private Limited is Cts No. 376 C Bldg Near Wasan Service, Deonar Behind Usv Vitamen Mumbai, Maharashtra, India, 400088.

  • What is the corporate identification number (CIN) and company number of Wasan Motors Private Limited?

    The corporate identification number (CIN) of Wasan Motors Private Limited is U50100MH1997PTC111090 and the company number is 111090 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wasan Motors Private Limited?

    The Official website of Wasan Motors Private Limited is https://www.wasanonline.com

  • What has been the recent revenue trend for Wasan Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wasan Motors Private Limited has risen by 56.52%.

  • How many employees does Wasan Motors Private Limited currently have?

    As Per 2023 financial reports, 437 employees are currently employed by Wasan Motors Private Limited.

  • What change has been observed in the net worth of Wasan Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wasan Motors Private Limited has experienced an upsurge of 48.07%.

  • What are the total open charges for Wasan Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Wasan Motors Private Limited amount to ₹ 221.18 Cr.

  • When was the last Balance Sheet of Wasan Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Wasan Motors Private Limited was filed with the ROC on 31 Mar 2023.

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