Wheelocity Motors Private Limited

Sells motor vehicles through trading.

2016 | Jammu, Jammu & Kashmir (India) | Active
Last Updated:

Wheelocity Motors Profile

Key Indicators

  • Authorised Capital ₹ 9.55 M
  • Paid Up Capital ₹ 9.55 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.84 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 51.39%
  • Profit Growth -44.83%
  • Ebitda 93.56%
  • Net Worth 402.37%
  • Total Assets -5.35%

About Wheelocity Motors

Wheelocity Motors Private Limited (WMPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 2016 (Eight years and six months 24 days old ). Its registered office is in Jammu, Jammu & Kashmir, 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 9.55 M and a paid-up capital of Rs 9.55 M.

The company currently has active open charges totaling ₹5.84 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Munish Khajuria and Mudser Nabi serve as directors at the Company.

Company Details

  • Location

    Jammu, Jammu & Kashmir, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999JK2016PTC009757

  • Company No.

    009757

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jammu

Industry

Automotive
Company report

Wheelocity Motors Private Limited

Explore comprehensive data for Wheelocity Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Munish Khajuria Country flag representing In Director 04-Aug-2023Current
Mudser Nabi Country flag representing In Director 20-Sep-2016Current

Financial Performance of Wheelocity Motors.

Wheelocity Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.39% increase. The company also saw a substantial fall in profitability, with a 44.83% decrease in profit. The company's net worth Soared by an impressive increase of 402.37%.

Wheelocity Motors revenue growth over time
Wheelocity 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
51.39%
Revenue from Operations
54.32%
Total Assets
-5.35%
Profit or Loss
-44.83%
Net Worth
402.37%
EBITDA
93.56%

What is the Ownership and Shareholding Structure of Wheelocity Motors?

In 2023, Wheelocity 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

₹58.39 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • The Jammu And Kashmir Bank Limited : 5.26 Cr
  • Others : 0.58 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jul 2020Others₹5.79 MOpen
09 Apr 2019The Jammu And Kashmir Bank Limited₹4.51 CrOpen
05 Oct 2017The Jammu And Kashmir Bank Limited₹7.50 MOpen
03 Oct 2017Others₹1.50 CrSatisfied

How Many Employees Work at Wheelocity Motors?

Wheelocity Motors has a workforce of 4 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 Wheelocity Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wheelocity 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 Wheelocity 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 Wheelocity Motors

Recent activity within the organization

  • Charges

    A charge with The Jammu And Kashmir Bank Limited of Rs. 45.10 M registered on 09 Apr 2019 with Charge ID 100260098 was modified on 22 Feb 2024.

  • Annual General Meeting

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

  • Charges

    A charge registered on 03 Oct 2017 via Charge ID 100172057 with Others was fully satisfied on 10 Aug 2023.

  • Director Appointment

    Munish Khajuria was appointed as a Director was appointed as a Director on 04 Aug 2023 & has been associated with this company since 1 year 8 months .

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 5.79 M with Charge ID 100352219 was registered on 09 Jul 2020.

Frequently asked questions

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

    Wheelocity Motors Private Limited was incorporated on 20 Sep 2016.

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

    The authorized share capital of Wheelocity Motors Private Limited is ₹ 9.55 M and paid-up capital is ₹ 9.55 M.

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

    Currently 2 directors are associated with Wheelocity Motors Private Limited.

    • Munish Khajuria
    • Mudser Sheikh Nabi

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Wheelocity Motors Private Limited is Lane No. 6 Umairabad, Bathindi Kashmir India, Jammu, Jammu & Kashmir, 180011.

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

    The corporate identification number (CIN) of Wheelocity Motors Private Limited is U74999JK2016PTC009757 and the company number is 009757 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Wheelocity Motors Private Limited has risen by 51.39%.

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

    As Per 2023 financial reports, 4 employees are currently employed by Wheelocity Motors Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Wheelocity Motors Private Limited has experienced an upsurge of 402.37%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Wheelocity Motors Private Limited amount to ₹ 5.84 Cr.

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

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

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