Wheelers Developers Pvt Ltd
About Wheelers Developers Pvt Ltd
Data last updated:
Wheelers Developers Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 12 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1988PTC044401.
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹1.82 Cr. It is led by directors Ashish Maheshwari and Arun Kumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 163B M G Road3Rd Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2022, the company reported a revenue of ₹52 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net loss of ₹68.23 Lakh (net margin -1.3%) and EBITDA of ₹61.4 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 83% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address163B M G Road3Rd Floor, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of Wheelers Developers Pvt Ltd
The main business activity of Wheelers Developers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wheelers Developers Pvt Ltd FY 2024 filings available
Wheelers Developers Pvt Ltd reported revenue of ₹52 Cr (up 58% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Wheelers Developers Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 58% growth in the latest year. EBITDA fell 90% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Wheelers Developers Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹52 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹61.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹68.23 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Wheelers Developers Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wheelers Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Wheelers Developers Pvt Ltd
Wheelers Developers Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magalir Micro Capital Private Limited | ₹52.65 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Palayamkottai, Tamil Nadu, India |
| Williamson Magor & Co.Ltd. Listed | ₹52.64 Cr (FY 2019) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Jaldhar Investments and Trading Company Private Limited | ₹52.38 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| Sehgal Televisions Private Limited | ₹52.38 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Shikha Holdings Pvt Ltd | ₹52.03 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Kolkata, West Bengal, India |
| Wheelers Developers Pvt Ltd this company | ₹52 Cr (FY 2022) | •••• | •••• | 58.0% | •••• | Kolkata, West Bengal, India |
| Ashika Global Finance Private Limited | ₹52 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Kolkata, West Bengal, India |
| Khushbu Auto Finance Limited | ₹51.99 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Rajkot, Gujarat, India |
| Sfjli Private Limited | ₹51.64 Cr (FY 2019) | •••• | •••• | 140690.0% | •••• | Bangalore, Karnataka, India |
| Avirat Finance Private Limited | ₹51.58 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Zenlabs Ethica Limited Listed | ₹51.47 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Wheelers Developers by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wheelers Developers Pvt Ltd
Wheelers Developers Pvt Ltd is audited by GADIA VIKASH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GADIA VIKASH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wheelers Developers Pvt Ltd
Wheelers Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Maheshwari | Director | 29 Nov 2022 | 3 Years 10 Months | Current |
| Arun Kumar Agarwal Also directs: Sappers Finance and Consultancy Pvt.Ltd., Chanakya Finvest Private Limited, Black Wheat Foods LLP and 5 more | Director | 26 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Wheelers Developers Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wheelers Developers Pvt Ltd
Wheelers Developers Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Wheelers Developers Pvt Ltd
Wheelers Developers Pvt Ltd has 3 court cases on record: 2 filed by Wheelers Developers, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hooghly, West Bengal | Civil suit | Filed by the company against individuals | Pending |
| District court, Calcutta, West Bengal | Court case (EJ) | Filed against the company by an individual | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Union of India | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Wheelers Developers Pvt Ltd
Employment history and EPFO contributions of people linked to Wheelers Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Wheelers Developers Pvt Ltd
Wheelers Developers Pvt Ltd has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Ashish Maheshwari ceased to be Additional Director on 29 Sep 2023.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wheelers Developers Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Wheelers Developers Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wheelers Developers Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wheelers Developers Pvt Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wheelers Developers Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wheelers Developers Pvt Ltd
Wheelers Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 12 May 1988 (38+ years old) and is registered under CIN U70101WB1988PTC044401.
Wheelers Developers reported revenue of ₹52 Cr for FY 2022 (up 58% YoY).
Wheelers Developers has 2 current directors:
- Ashish Maheshwari - Director
- Arun Kumar Agarwal - Director
Wheelers Developers reported a net loss of ₹68.23 Lakh (net margin -1.3%) and EBITDA of ₹61.4 Lakh (EBITDA margin 1.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wheelers Developers is 36% over three years and 83% over five years. In the latest year (FY 2022) revenue rose 58%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Wheelers Developers is U70101WB1988PTC044401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wheelers Developers has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Wheelers Developers was incorporated on 12 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Wheelers Developers by revenue are Magalir Micro Capital Private Limited, Williamson Magor & Co.Ltd, Jaldhar Investments and Trading Company Private Limited, Sehgal Televisions Private Limited, Shikha Holdings Pvt Ltd and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Ashish Maheshwari ceased to be Additional Director on 29 Sep 2023. Ashish Maheshwari was appointed as Director on 29 Nov 2022. Vinod Baid ceased to be Director on 29 Nov 2022. Wheelers Developers has 10 board changes on record in total.
The registered office of Wheelers Developers is at 163B M G Road3Rd Floor, Kolkata, West Bengal, India – 700007.