Admire Wheels Private Limited

Admire Wheels Private Limited - automotive in Meerut, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U50101UP2019PTC114323 Incorporated 01 March 2019 ROC Kanpur HQ Meerut, Uttar Pradesh, India
Active Private Limited Company automotive MSME · Medium
Data last updated
Revenue · FY 2025
₹262.74 Cr
▲ 46% YoY
Net profit · FY 2025
₹1.56 Cr
Net margin 0.6%
EBITDA · FY 2025
₹6.08 Cr
EBITDA margin 2.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹84.47 Cr
Satisfied ₹31.77 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
12
Provident fund records

About Admire Wheels Private Limited

Data last updated:

Admire Wheels Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 01 March 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U50101UP2019PTC114323. Its GSTIN is 09AASCA0051G1ZR (Uttar Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Pankaj Veerbhan and Vivek Veerbhan Kumar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 198 Green Villa A2Z Developers Colony, Meerut, Uttar Pradesh, India – 250002.

As per the financials filed for FY 2025, the company reported a revenue of ₹262.74 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 0.6%) and EBITDA of ₹6.08 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 43% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹84.47 Cr and satisfied charges of ₹31.77 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.

Admire Wheels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-05-0001551). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U50101UP2019PTC114323
Registration Number 114323
Incorporation Date 01 March 2019
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UK-05-0001551

Recognitions & Rankings of Admire Wheels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-UK-05-0001551

Contact details

Admire Wheels Private Limited's registered office is in Meerut, Uttar Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    198 Green Villa A2Z Developers Colony, Meerut, Uttar Pradesh, India – 250002
  • Industry
    Automotive, Auto Dealership & Trading

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

Comprehensive company report
Admire 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 activities of Admire Wheels are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
NSupport service to OrganizationsN7Other support services to organizations

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

Financials of Admire Wheels Private Limited

FY 2025 filings available

Admire Wheels Private Limited reported revenue of ₹262.74 Cr (up 46% YoY) for FY 2025.

Revenue · FY 2025
₹262.74 Cr ▲ 46%
Net profit · FY 2025
₹1.56 Cr margin 0.6%
EBITDA · FY 2025
₹6.08 Cr margin 2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 31%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 39%
5 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 46% growth in the latest year. EBITDA rose 29% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹6.08 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.56 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.3%
Net Profit Margin0.6%
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 Admire Wheels Private Limited, buy the company report.

Board of directors of Admire Wheels Private Limited

Admire Wheels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pankaj VeerbhanDirector01 Mar 20197 Years 7 MonthsCurrent
Vivek Veerbhan KumarDirector01 Mar 20197 Years 7 MonthsCurrent

Peer comparison

Admire Wheels Private Limited is compared with the 6 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
SRM Motors Private Limited₹264.52 Cr (FY 2024)23.0%Lucknow, Uttar Pradesh, India
Vayalat Automobiles Private Limited₹264.06 Cr (FY 2025)35.0%Kochi, Kerala, India
Shantesha Motors Private Limited₹263.37 Cr (FY 2025)5.0%Belgaum, Karnataka, India
Admire Wheels Private Limitedthis company₹262.74 Cr (FY 2025)₹1.56 Cr0.6%46.0%12Meerut, Uttar Pradesh, India
Atul Motors Private Limited₹261.83 Cr (FY 2025)4.0%Rajkot, Gujarat, India
Gurmaan Automobiles Private Limited₹260.18 Cr (FY 2025)5.0%Howrah, West Bengal, India
Phoenix Cars (India) Private Limited₹259.97 Cr (FY 2024)11.0%Ernakulam, Kerala, India

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

Auditor

Admire Wheels Private Limited is audited by NITENDER KUMAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NITENDER KUMAR & ASSOCIATESFY 20230036159N

Shareholding

The shareholding of Admire Wheels Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹84.47 Cr
Satisfied charges
₹31.77 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹67.87 Cr
Others₹16.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Aug 2025101145499Others₹8.61 LakhOpen
21 Jul 2025101143245Others₹14.9 LakhOpen
28 Sep 2024100991978Hdfc Bank Limited₹11.73 LakhOpen
28 Sep 2024101004327Hdfc Bank Limited₹12.08 LakhOpen
28 Sep 2024101004338Hdfc Bank Limited₹8.67 LakhOpen

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

Total charge records: 17 View all charges

MSME payment delays

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

Employees & EPFO

Admire Wheels Private Limited has a workforce of 12 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
-25%

GST

Admire Wheels has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09AASCA0051G1ZRUttar PradeshActive28 Apr 2024
05AASCA0051G1ZZUttarakhandActive25 Apr 2019

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

Recent activity

Admire Wheels Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Vedpal Singh ceased to be Director on 07 Apr 2023.

AGM
Admire Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 101145499 was registered on 29 Aug 2025.
Charges
A charge with Others of Rs. 15.19 Cr registered on 25 Apr 2024 with Charge ID 100915286 was modified on 12 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101143245 was registered on 21 Jul 2025.
Filing
Admire Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Hdfc Bank Limited of Rs. 45.75 Cr registered on 30 Dec 2023 with Charge ID 100844314 was modified on 24 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100991978 was registered on 28 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101004327 was registered on 28 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101004338 was registered on 28 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101005838 was registered on 28 Sep 2024.
Charges
A charge with Others amounted to Rs. 15.19 Cr with Charge ID 100915286 was registered on 25 Apr 2024.
Charges
A charge registered on 23 Aug 2023 via Charge ID 100788311 with Others was fully satisfied on 27 Mar 2024.

18 earlier events are in the company report.

Frequently asked questions

Admire Wheels is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 01 March 2019 (7+ years old) and is registered under CIN U50101UP2019PTC114323.

Admire Wheels has 2 current directors:

The latest financial statements of Admire Wheels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Admire Wheels is 09AASCA0051G1ZR, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 05AASCA0051G1ZZ (Uttarakhand).

The CIN (Corporate Identification Number) of Admire Wheels is U50101UP2019PTC114323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

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

Admire Wheels was incorporated on 01 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Admire Wheels by revenue are SRM Motors Private Limited, Vayalat Automobiles Private Limited, Shantesha Motors Private Limited, Atul Motors Private Limited, Gurmaan Automobiles Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Vedpal Singh ceased to be Director on 07 Apr 2023. Pankaj Veerbhan was appointed as Director on 01 Mar 2019. Vivek Veerbhan Kumar was appointed as Director on 01 Mar 2019.

Yes, Admire Wheels is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-05-0001551).

The registered office of Admire Wheels is at 198 Green Villa A2Z Developers Colony, Meerut, Uttar Pradesh, India – 250002.