Wheelsemi Private Limited

NBFC providing financing for used and new two-wheelers and electric vehicles, with 11 branches in 7 states.

1997 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Wheelsemi Profile

Key Indicators

  • Authorised Capital ₹ 55.82 Cr
  • Paid Up Capital ₹ 50.11 Cr
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 941.42 Cr
  • Satisfied Charges ₹ 880.71 Cr
  • Revenue Growth 28.53%
  • Profit Growth 1.87%
  • Ebitda -48.18%
  • Net Worth 160.81%
  • Total Assets 10.53%

About Wheelsemi

Wheelsemi Private Limited (WPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 1997 and has a history of 27 years and nine months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Varadnarayan Savings And Investment Company Private Limited. The Company is engaged in the Financial Services 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 55.82 Cr and a paid-up capital of Rs 50.11 Cr.

The company currently has active open charges totaling ₹941.42 Cr. The company has closed loans amounting to ₹880.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wheelsemi Private Limited India are Mr Ojha as CFO and Kavita Karwa as Company Secretary. Milind Sarwate, Aditya Parekh, Christina Juhasz, and Four other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65900PN1997PTC174673

  • Company No.

    174673

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1997

  • Date of AGM

    26 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

Who are the key members and board of directors at Wheelsemi?

Executive Team (3)

NameDesignationAppointment DateStatus
Srinivas Kantheti Country flag representing In Managing Director22-Feb-2017Current
Mr Ojha Country flag representing In CFOCurrent
Kavita Karwa Company Secretary23-May-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Karunakaran Vadakkepat Country flag representing In Whole-Time Director 22-Feb-2017Current
Milind Sarwate Country flag representing In Director 19-May-2017Current
Aditya Parekh Country flag representing In Nominee Director 08-Feb-2019Current
Christina Juhasz Country flag representing Us Nominee Director 17-Oct-2022Current
Dilip Apte Country flag representing In Director 31-Jul-2020Current
Pritesh Modi Country flag representing Us Nominee Director Current

Financial Performance of Wheelsemi.

Wheelsemi Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.53% increase. The company also saw a slight improvement in profitability, with a 1.87% increase in profit. The company's net worth Soared by an impressive increase of 160.81%.

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
28.53%
Revenue from Operations
27.94%
Total Assets
10.53%
Profit or Loss
1.87%
Net Worth
160.81%
EBITDA
-48.18%

What is the Ownership and Shareholding Structure of Wheelsemi?

In 2023, Wheelsemi had a promoter holding of 82.33% and a public holding of 17.67%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹941.42 Cr

Satisfied Charges

₹880.71 Cr

Charges Breakdown by Lending Institutions

  • Others : 834.04 Cr
  • Hdfc Bank Limited : 40.00 Cr
  • Tata Capital Financial Services Limited : 30.00 Cr
  • Idbi Trusteeship Services Limited : 27.38 Cr
  • Sidbi : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2024Others₹10.00 CrOpen
28 Aug 2024Others₹9.00 CrOpen
27 Aug 2024Others₹10.00 CrOpen
26 Aug 2024Others₹35.00 CrOpen
02 Aug 2024Others₹10.00 CrOpen

How Many Employees Work at Wheelsemi?

Wheelsemi has a workforce of 1848 employees as of Apr 09, 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 Wheelsemi, 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 Wheelsemi'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 Wheelsemi

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100986939 was registered on 28 Sep 2024.

    28 Sep 2024

  • Charges

    A charge registered on 10 Aug 2022 via Charge ID 100611995 with Others was fully satisfied on 17 Sep 2024.

    17 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100968384 was registered on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100973037 was registered on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100975935 was registered on 26 Aug 2024.

    26 Aug 2024

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 27 Mar 2024 with Charge ID 100898635 was modified on 21 Aug 2024.

    21 Aug 2024

Frequently asked questions

  • Wheelsemi Private Limited was incorporated on 15 Apr 1997.

  • The authorized share capital of Wheelsemi Private Limited is ₹ 55.82 Cr and paid-up capital is ₹ 50.11 Cr.

  • Currently 9 directors are associated with Wheelsemi Private Limited.

    • Milind Shripad Sarwate
    • Aditya Deepak Parekh
    • Christina Stefanie Juhasz
    • Srinivas Kantheti
    • Karunakaran Vadakkepat
    • Dilip Moreshwar Apte
    • Pritesh Hemendra Modi
    • Mr Kalpesh Ojha
    • Kavita Karwa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wheelsemi Private Limited is 3A Sham Shankuntal Heights Modi Baug Ganeshkhind Road Behind Deccan Wheels Showroom, Shi Vajinagar India, Pune, Maharashtra, 411016.

  • The corporate identification number (CIN) of Wheelsemi Private Limited is U65900PN1997PTC174673 and the company number is 174673 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wheelsemi Private Limited is https://www.wheelsemi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wheelsemi Private Limited has risen by 28.53%.

  • As Per 2023 financial reports, 1848 employees are currently employed by Wheelsemi Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wheelsemi Private Limited has experienced an upsurge of 160.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wheelsemi Private Limited amount to ₹ 941.42 Cr.

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

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