Aakash Wheels Private Limited

Aakash Wheels Private Limited - automotive in Dhule, Maharashtra, India. FY 2026 financials & compliance.
CIN U74110MH2012PTC231906 Incorporated 06 June 2012 ROC Mumbai HQ Dhule, Maharashtra, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2024
₹30.88 Cr
▲ 10% YoY
Net profit · FY 2024
₹52.31 Lakh
Net margin 1.7%
EBITDA · FY 2024
₹76.34 Lakh
EBITDA margin 2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Satisfied ₹2 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
11
Provident fund records

About Aakash Wheels Private Limited

Data last updated:

Aakash Wheels Private Limited is a private limited company based in Dhule, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 06 June 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2012PTC231906. Its GSTIN is 27AAKCA6512E1ZV (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Ashish Kashinath Lokhande and Avinash Kashinath Lokhande.

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 Plot No 13 14 Mohadi Shiwar Near Gurudwara, Dhule, Maharashtra, India – 424001.

As per the financials filed for FY 2024, the company reported a revenue of ₹30.88 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹52.31 Lakh (net margin 1.7%) and EBITDA of ₹76.34 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 46% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹2 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.

Aakash Wheels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0003355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aakashauto.co.in.

Company details

CIN U74110MH2012PTC231906
Registration Number 231906
Incorporation Date 06 June 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-09-0003355

CIN history

Aakash Wheels has one previous CIN (Corporate Identification Number): U74120MH2012PTC231906. The current CIN is U74110MH2012PTC231906, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110MH2012PTC231906Current
U74120MH2012PTC231906Previous
Key People
Ashish Kashinath Lokhande Director Avinash Kashinath Lokhande Director

Recognitions & Rankings of Aakash Wheels

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-09-0003355

Contact details

Aakash Wheels Private Limited's registered office is in Dhule, Maharashtra. Its website is aakashauto.co.in. Its e-mail address is in the company report.

  • Email
  • Website
    aakashauto.co.in
  • Registered Address
    Plot No 13 14 Mohadi Shiwar Near Gurudwara, Dhule, Maharashtra, India – 424001
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Aakash Wheels Private Limited, buy the company report.

Comprehensive company report
Aakash Wheels Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Aakash 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 Aakash Wheels Private Limited, buy the company report.

Financials of Aakash Wheels Private Limited

FY 2024 filings available

Aakash Wheels Private Limited reported revenue of ₹30.88 Cr (up 10% YoY) for FY 2024.

Revenue · FY 2024
₹30.88 Cr ▲ 10%
Net profit · FY 2024
₹52.31 Lakh margin 1.7%
EBITDA · FY 2024
₹76.34 Lakh margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 40%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 14%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 10% growth in the latest year. EBITDA rose 32% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹76.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹52.31 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.5%
Net Profit Margin1.7%
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 Aakash Wheels Private Limited, buy the company report.

Board of directors of Aakash Wheels Private Limited

Aakash Wheels has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashish Kashinath LokhandeDirector06 Jun 201214 Years 4 MonthsCurrent
Avinash Kashinath Lokhande
Also directs: Vimpo P&A Private Limited, West Infra Global Equipments Private Limited, Newaakash Scooters Private Limited and 1 more
Director06 Jun 201214 Years 4 MonthsCurrent
View all directors

Peer comparison

Aakash Wheels Private Limited is compared with the 3 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
Aakash Wheels Private Limitedthis company₹30.88 Cr (FY 2024)₹52.31 Lakh1.7%10.0%11Dhule, Maharashtra, India
Arunam Four-Wheels Private Limited₹30.87 Cr (FY 2024)12.0%Dausa, Rajasthan, India
Susee Motors (India) Private Limited₹30.81 Cr (FY 2025)-5.0%Vellore, Tamil Nadu, India
Kiran Automotive Private Limited₹30.79 Cr (FY 2024)13.0%New Delhi, Delhi, India

To see the full peer comparison of Aakash Wheels Private Limited, buy the company report.

Auditor

Aakash Wheels Private Limited is audited by KRISHNAMURTHY JAIN AND SURYAWANSH for the financial year 2022.

Auditor firmFinancial yearFirm registration number
KRISHNAMURTHY JAIN AND SURYAWANSHFY 2022121014W

Shareholding

The shareholding of Aakash Wheels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Aakash Wheels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹75 Lakh
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Others₹0.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Oct 2018100229666Others₹75 LakhOpen
21 Dec 201310472662Volkswagen Finance Private Limited₹2 CrSatisfied

To see the full charge records of Aakash Wheels Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Aakash Wheels Private Limited has a workforce of 11 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1

GST

Aakash Wheels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAKCA6512E1ZVMaharashtraActive01 Jul 2017

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

Recent activity

Aakash Wheels Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Ashish Kashinath Lokhande was appointed as Director on 06 Jun 2012.

AGM
Aakash Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aakash Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Charges
A charge registered on 21 Dec 2013 via Charge ID 10472662 with Volkswagen Finance Private Limited was fully satisfied on 04 Aug 2023.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 100229666 was registered on 28 Oct 2018.
Charges
A charge with Volkswagen Finance Private Limited amounted to Rs. 200.00 Lakh with Charge ID 10472662 was registered on 21 Dec 2013.
Appointed
Ashish Kashinath Lokhande was appointed as Director.
Appointed
Avinash Kashinath Lokhande was appointed as Director.
Incorporation
06 Jun 2012
Aakash Wheels Private Limited was registered on 06 Jun 2012 with Roc Mumbai Ii & aged 14 years 4 months as per MCA records.

Frequently asked questions

Aakash Wheels is an active private limited company based in Dhule, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 06 June 2012 (14+ years old) and is registered under CIN U74110MH2012PTC231906.

Aakash Wheels has 2 current directors:

The latest financial statements of Aakash Wheels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Aakash Wheels is 27AAKCA6512E1ZV, registered in Maharashtra.

The CIN (Corporate Identification Number) of Aakash Wheels is U74110MH2012PTC231906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aakash Wheels has 3 court cases on record: 2 filed by the company and 1 filed against it.

Aakash Wheels was incorporated on 06 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Aakash Wheels by revenue are Arunam Four-Wheels Private Limited, Susee Motors (India) Private Limited, Kiran Automotive Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Ashish Kashinath Lokhande was appointed as Director on 06 Jun 2012. Avinash Kashinath Lokhande was appointed as Director on 06 Jun 2012.

Yes, Aakash Wheels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-09-0003355).

Aakash Wheels can be reached through the website aakashauto.co.in. Its registered office is in Dhule, Maharashtra, India.