Jeet Wheelocity Private Limited
About Jeet Wheelocity Private Limited
Data last updated:
Jeet Wheelocity Private Limited is a private limited company based in Latur, Maharashtra, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 23 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U50102MH2016PTC272315. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sumit Angadrao Narhare and Angad Ganpatrao Narhare.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Yamuna Housing Society Tq. Latur Dist. Latur, Maharashtra, India – 413512.
As per the financials filed for FY 2018, the company reported a revenue of ₹77.12 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹2.27 Lakh (net margin -2.9%) and EBITDA of -₹59,264 (EBITDA margin -0.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jeet Wheelocity Private Limited's registered office is in Latur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressYamuna Housing Society Tq. Latur Dist. Latur, Maharashtra, India – 413512
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Jeet Wheelocity Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Jeet Wheelocity is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Jeet Wheelocity Private Limited, buy the company report.
Financials of Jeet Wheelocity Private Limited
FY 2018 filings availableJeet Wheelocity Private Limited reported revenue of ₹77.12 Lakh (down 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year. EBITDA fell 338% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | -₹59,264 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.27 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
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| Trade Payables | |||
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| Fixed Assets | |||
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| Inventories | |||
| Trade Receivables | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.8% | ||
| Net Profit Margin | -2.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Inventory Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Jeet Wheelocity Private Limited, buy the company report.
Board of directors of Jeet Wheelocity Private Limited
Jeet Wheelocity has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Angadrao Narhare | Director | 23 Jan 2016 | 10 Years 9 Months | Current |
| Angad Ganpatrao Narhare | Director | 23 Jan 2016 | 10 Years 9 Months | Current |
| Abhijeet Angad Narhare | Director | 23 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Jeet Wheelocity Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bagla Enterprises Private Limited | ₹77.19 Lakh (FY 2025) | -52.0% | Gurgaon, Haryana, India | |||
| Rainbow Holdings Private Limited | ₹77.16 Lakh (FY 2022) | 0.0% | Kolkata, West Bengal, India | |||
| Netroute Solutions Private Limited | ₹77.16 Lakh (FY 2020) | 69.0% | Bangalore, Karnataka, India | |||
| Koytur Wealth Retail Limited | ₹77.14 Lakh (FY 2025) | 21.0% | Pratappur, Chhattisgarh, India | |||
| Mahardhi Rasayan Private Limited | ₹77.13 Lakh (FY 2024) | 188.0% | Ghaziabad, Uttar Pradesh, India | |||
| Jeet Wheelocity Private Limitedthis company | ₹77.12 Lakh (FY 2018) | -₹2.27 Lakh | -2.9% | -37.0% | Latur, Maharashtra, India | |
| Anata Solar Systems Private Limited | ₹77.1 Lakh (FY 2021) | 184.0% | Thrissur, Kerala, India | |||
| Inmart Commerce Private Limited | ₹77.09 Lakh (FY 2025) | -29.0% | Mumbai, Maharashtra, India | |||
| Sai Vision Multitasking Private Limited | ₹77.08 Lakh (FY 2019) | 45.0% | Pune, Maharashtra, India | |||
| Evergreen Healthcare Private Limited | ₹77.07 Lakh (FY 2021) | 30.0% | Chennai, Tamil Nadu, India | |||
| Traegen Systems Private Limited | ₹77.07 Lakh (FY 2019) | -66.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Jeet Wheelocity Private Limited, buy the company report.
Auditor
Jeet Wheelocity Private Limited is audited by MCN & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MCN & ASSOCIATES LLP | FY 2017 | W100187 |
Shareholding
The shareholding of Jeet Wheelocity Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Jeet Wheelocity Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Jeet Wheelocity Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jeet Wheelocity Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jeet Wheelocity has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Jeet Wheelocity Private Limited, buy the company report.
Recent activity
Jeet Wheelocity Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Abhijeet Angad Narhare was appointed as Director on 23 Jan 2016.
Frequently asked questions
Jeet Wheelocity is an active private limited company based in Latur, Maharashtra, India. The company works in retailers, within the trading industry. It was incorporated on 23 January 2016 (10+ years old) and is registered under CIN U50102MH2016PTC272315.
Jeet Wheelocity has 3 current directors:
- Sumit Angadrao Narhare - Director
- Angad Ganpatrao Narhare - Director
- Abhijeet Angad Narhare - Director
The latest financial statements of Jeet Wheelocity on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from FY 2016 are in the company report.
No. Jeet Wheelocity has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Jeet Wheelocity is U50102MH2016PTC272315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jeet Wheelocity was incorporated on 23 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Jeet Wheelocity by revenue are Bagla Enterprises Private Limited, Rainbow Holdings Private Limited, Netroute Solutions Private Limited, Koytur Wealth Retail Limited, Mahardhi Rasayan Private Limited and 5 more, all in the same principal business activity (retail trading).
Abhijeet Angad Narhare was appointed as Director on 23 Jan 2016. Angad Ganpatrao Narhare was appointed as Director on 23 Jan 2016. Sumit Angadrao Narhare was appointed as Director on 23 Jan 2016.
The registered office of Jeet Wheelocity is at Yamuna Housing Society Tq. Latur Dist. Latur, Maharashtra, India – 413512.
Jeet Wheelocity operates in the trading industry, in the retailers segment.
The compliance status of Jeet Wheelocity is compliant as of 13 September 2026. The company is actively filing with the Registrar of Companies.
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