Advance Wheelcare Private Limited

Advance Wheelcare Private Limited - automotive in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U50403GJ2004PTC043754 Incorporated 09 March 2004 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company automotive MSME · Small
Revenue · FY 2025
₹11.35 Cr
▲ 8% YoY
Net profit · FY 2025
₹3.24 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹1.41 Cr
EBITDA margin 12.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹13.6 Cr
Satisfied ₹16.81 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
21
Provident fund records

About Advance Wheelcare Private Limited

Data last updated:

Advance Wheelcare Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 09 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50403GJ2004PTC043754. Its GSTIN is 24AAECA7937R1Z1 (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Inder Chand Sethia and Sangita Inderchand Sethia.

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 Nr Priya Cinemakrishnanagar, Ahmedabad, Gujarat, India – 382345.

As per the financials filed for FY 2025, the company reported a revenue of ₹11.35 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Lakh (net margin 0.3%) and EBITDA of ₹1.41 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Chhajed Foods. As per MCA filings, the company has open charges of ₹13.6 Cr and satisfied charges of ₹16.81 Cr on record. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.6 Cr; the latest was in January 2023.

Advance Wheelcare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0065954). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U50403GJ2004PTC043754
Registration Number 043754
Incorporation Date 09 March 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0065954

Recognitions & Rankings of Advance Wheelcare

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0065954

Contact details

Advance Wheelcare Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Nr Priya Cinemakrishnanagar, Ahmedabad, Gujarat, India – 382345
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Advance Wheelcare Private Limited, buy the company report.

Comprehensive company report
Advance Wheelcare 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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Secure checkout · GST invoice included

Brands

Advance Wheelcare operates one associated brand: Chhajed Foods. Each brand links to its own profile.

BrandDescriptionWebsite
Limited information availablechhajedfoods.com

Business activity

The main business activity of Advance Wheelcare is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Advance Wheelcare Private Limited

FY 2025 filings available

Advance Wheelcare Private Limited reported revenue of ₹11.35 Cr (up 8% YoY) for FY 2025.

Revenue · FY 2025
₹11.35 Cr ▲ 8%
Net profit · FY 2025
₹3.24 Lakh margin 0.3%
EBITDA · FY 2025
₹1.41 Cr margin 12.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 4%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 7%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 8% growth in the latest year. EBITDA rose 22% 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₹1.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.24 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.5%
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 Advance Wheelcare Private Limited, buy the company report.

Board of directors of Advance Wheelcare Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Inder Chand SethiaDirector09 Mar 200422 Years 8 MonthsCurrent
Sangita Inderchand SethiaAdditional Director11 Apr 200917 Years 7 MonthsCurrent

Auditor

Advance Wheelcare Private Limited is audited by Lunia and co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Lunia and co.FY 2023116436W

Shareholding

The shareholding of Advance Wheelcare Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Advance Wheelcare Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.6 Cr
Satisfied charges
₹16.81 Cr
Breakdown by lending institutions
Others₹7.56 Cr
Indian Bank₹6.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Nov 2023100850760Indian Bank₹6.04 CrOpen
23 Mar 2023100695142Others₹7.19 CrOpen
18 Mar 2023100695152Others₹37 LakhOpen
04 Feb 2022100540643Others₹5.02 CrSatisfied
18 Dec 2017100158577Hdfc Bank Limited₹2.1 CrSatisfied

To see the full charge records of Advance Wheelcare Private Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Advance Wheelcare Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.6 Cr; the latest was in January 2023.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹1.6 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Jan 2023Funding round₹65 LakhInvestors: 2 individuals
Mar 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2015Funding round₹95.1 LakhInvestors: 2 individuals
Mar 2013Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Advance Wheelcare Private Limited has a workforce of 21 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
-22.2%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2721
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Advance Wheelcare Private Limited, buy the company report.

GST

Advance Wheelcare has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAECA7937R1Z1GujaratActive01 Jul 2017
24AAECA7937R2Z0GujaratActive01 Apr 2020

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

Recent activity

Advance Wheelcare Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Sandeep Shubhkaran Chhajed ceased to be Director on 11 Apr 2009.

AGM
Advance Wheelcare Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Advance Wheelcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Bank of Rs. 6.04 Cr registered on 15 Nov 2023 with Charge ID 100850760 was modified on 12 Dec 2023.
Charges
A charge with Indian Bank amounted to Rs. 6.04 Cr with Charge ID 100850760 was registered on 15 Nov 2023.
Charges
A charge with Others amounted to Rs. 7.19 Cr with Charge ID 100695142 was registered on 23 Mar 2023.
Charges
A charge with Others amounted to Rs. 0.37 Cr with Charge ID 100695152 was registered on 18 Mar 2023.
Charges
A charge registered on 04 Feb 2022 via Charge ID 100540643 with Others was fully satisfied on 17 Mar 2023.
Charges
A charge with Others amounted to Rs. 5.02 Cr with Charge ID 100540643 was registered on 04 Feb 2022.
Charges
A charge registered on 18 Dec 2017 via Charge ID 100158577 with Hdfc Bank Limited was fully satisfied on 01 Jan 2022.
Charges
A charge registered on 29 Sep 2017 via Charge ID 100135130 with Hdfc Bank Limited was fully satisfied on 01 Jan 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 3.04 Cr registered on 29 Sep 2017 with Charge ID 100135130 was modified on 20 Aug 2020.
Charges
A charge registered on 10 Jul 2015 via Charge ID 10579148 with Bank Of Baroda was fully satisfied on 21 Dec 2017.

10 earlier events are in the company report.

Frequently asked questions

Advance Wheelcare is an active private limited company based in Ahmedabad, Gujarat, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 09 March 2004 (22+ years old) and is registered under CIN U50403GJ2004PTC043754.

Advance Wheelcare has 2 current directors:

The latest financial statements of Advance Wheelcare 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 2015 are in the company report.

The GSTIN of Advance Wheelcare is 24AAECA7937R1Z1, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECA7937R2Z0 (Gujarat).

The CIN (Corporate Identification Number) of Advance Wheelcare is U50403GJ2004PTC043754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Advance Wheelcare was incorporated on 09 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Advance Wheelcare has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.6 Cr; the latest was in January 2023.

Sandeep Shubhkaran Chhajed ceased to be Director on 11 Apr 2009. Sangita Inderchand Sethia was appointed as Additional Director on 11 Apr 2009. Inder Chand Sethia was appointed as Director on 09 Mar 2004.

Yes, Advance Wheelcare is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0065954).

The registered office of Advance Wheelcare is at Nr Priya Cinemakrishnanagar, Ahmedabad, Gujarat, India – 382345.