A B S Wheels Private Limited

A B S Wheels Private Limited - automotive in Solapur, Maharashtra, India. Directors, charges & compliance details.
CIN U50401PN2013PTC147996 Incorporated 04 July 2013 ROC Pune HQ Solapur, Maharashtra, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2015
₹12.31 Cr
▲ 858% YoY
Net profit · FY 2015
₹3.83 Lakh
Net margin 0.3%
EBITDA · FY 2015
₹62.73 Lakh
EBITDA margin 5.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹4.7 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
4
As per MCA filings

About A B S Wheels Private Limited

Data last updated:

A B S Wheels Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 04 July 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U50401PN2013PTC147996. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Shahid Ayyub Shaikh and Arshad Ayyub Shaikh.

Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 304/2B North Solapur Kondi, Maharashtra, India – 413255.

As per the financials filed for FY 2015, the company reported a revenue of ₹12.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.83 Lakh (net margin 0.3%) and EBITDA of ₹62.73 Lakh (EBITDA margin 5.1%).

As per MCA filings, the company has open charges of ₹4.7 Cr on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vw-abswheels.co.in.

Company details

CIN U50401PN2013PTC147996
Registration Number 147996
Incorporation Date 04 July 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015
Compliance Status Active Non-Compliant

Contact details

A B S Wheels Private Limited's registered office is in Solapur, Maharashtra.

  • Registered Address
    304/2B North Solapur Kondi, Maharashtra, India – 413255
  • Industry
    Automotive, Auto Dealership & Trading
Comprehensive company report
A B S Wheels Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of A B S Wheels is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of A B S Wheels Private Limited, buy the company report.

Financials of A B S Wheels Private Limited

FY 2015 filings available

A B S Wheels Private Limited reported revenue of ₹12.31 Cr (up 858% YoY) for FY 2015.

Revenue · FY 2015
₹12.31 Cr ▲ 858%
Net profit · FY 2015
₹3.83 Lakh margin 0.3%
EBITDA · FY 2015
₹62.73 Lakh margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 858%
EBITDA CAGR growth
1 year
▲ 488%

Revenue rose 858% in the latest year. EBITDA rose 488% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹62.73 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.83 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

MetricsFY 2014-15
Profitability
EBITDA Margin5.1%
Net Profit Margin0.3%
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

To see the full financial statements and ratios of A B S Wheels Private Limited, buy the company report.

Board of directors of A B S Wheels Private Limited

A B S Wheels has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Shahid Ayyub ShaikhDirector04 Jul 201313 Years 3 MonthsCurrent
Arshad Ayyub ShaikhDirector04 Jul 201313 Years 3 MonthsCurrent
Mohmed Ayub Babumiya ShaikhDirector04 Jul 201313 Years 3 MonthsCurrent
Tohid Ayyub ShaikhDirector04 Jul 201313 Years 3 MonthsCurrent

Peer comparison

A B S Wheels Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shubham Autobikes Private Limited₹12.39 Cr (FY 2024)124.0%Lohardaga, Jharkhand, India
Kumada Cars Private Limited₹12.39 Cr (FY 2025)-24.0%Vijayapur, Karnataka, India
Sga Premium Cars India Private Limited₹12.36 Cr (FY 2024)Coimbatore, Tamil Nadu, India
A B S Wheels Private Limitedthis company₹12.31 Cr (FY 2015)₹3.83 Lakh0.3%858.0%Solapur, Maharashtra, India
2020 Motors Private Limited₹12.29 Cr (FY 2025)-14.0%Jalandhar, Punjab, India
Encash Auto Private Limited₹12.28 Cr (FY 2025)33.0%Srinagar, Jammu and Kashmir, India

To see the full peer comparison of A B S Wheels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Union Bank of India Solapur Main Branch₹4.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Nov 201310469968Union Bank of India Solapur Main Branch₹4.7 CrOpen

Total charge records: 1 View all charges

Credit ratings & regulatory alerts

A B S Wheels Private Limited was last rated by Crisil on 20 Sep 2021.

Rating agencyRated onRating
Crisil20 Sep 2021

To see the full credit ratings and regulatory alerts of A B S Wheels Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for A B S Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

A B S Wheels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of A B S Wheels Private Limited, buy the company report.

Recent activity

A B S Wheels Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Arshad Ayyub Shaikh was appointed as Director on 04 Jul 2013.

AGM
A B S Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Filing
A B S Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Pune.
Charges
A charge with Union Bank Of India Solapur Main Branch amounted to Rs. 4.70 Cr with Charge ID 10469968 was registered on 11 Nov 2013.
Appointed
Arshad Ayyub Shaikh was appointed as Director.
Appointed
Mohmed Ayub Babumiya Shaikh was appointed as Director.
Appointed
Shahid Ayyub Shaikh was appointed as Director.
Appointed
Tohid Ayyub Shaikh was appointed as Director.
Incorporation
04 Jul 2013
A B S Wheels Private Limited was registered on 04 Jul 2013 with Roc Pune & aged 13 years 3 months as per MCA records.

Frequently asked questions

A B S Wheels is an active private limited company based in Solapur, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 04 July 2013 (13+ years old) and is registered under CIN U50401PN2013PTC147996.

A B S Wheels has 4 current directors:

The latest financial statements of A B S Wheels on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.

No. A B S Wheels has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of A B S Wheels is U50401PN2013PTC147996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

A B S Wheels was incorporated on 04 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.

The peers of A B S Wheels by revenue are Shubham Autobikes Private Limited, Kumada Cars Private Limited, Sga Premium Cars India Private Limited, 2020 Motors Private Limited, Encash Auto Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Arshad Ayyub Shaikh was appointed as Director on 04 Jul 2013. Mohmed Ayub Babumiya Shaikh was appointed as Director on 04 Jul 2013. Shahid Ayyub Shaikh was appointed as Director on 04 Jul 2013. A B S Wheels has 4 board changes on record in total.

A B S Wheels can be reached through the website vw-abswheels.co.in. Its registered office is in Solapur, Maharashtra, India.

The registered office of A B S Wheels is at 3042B North Solapur Kondi, Maharashtra, India – 413255.

A B S Wheels operates in the automotive industry, in the auto dealership and trading segment.