Advance Wheelcare Private Limited Company Logo

Advance Wheelcare Private Limited - Company Profile

It is a automotive private limited company based in Ahmedabad, Gujarat, India, established in 2004.

2004 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Advance Wheelcare Private Limited

Advance Wheelcare Private Limited, a active private limited company, was established on 09 March 2004 in Ahmedabad, Gujarat, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50403GJ2004PTC043754. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹8.73 M.

It upholds a compliant status. Employing 15 professional, Its leadership includes Inder Chand Sethia (Director), Sangita Inderchand Sethia (Additional Director). Past directors included Sandeep Shubhkaran Chhajed. It holds ₹13.60 Cr open charges and ₹16.81 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Nr Priya Cinemakrishnanagar, Ahmedabad, Gujarat, 382345.

Company Details

  • CIN/LLPIN

    U50403GJ2004PTC043754

  • Registration Number

    043754

  • Incorporation Date

    09 March 2004

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹8.73 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.73 M
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.60 Cr
  • Satisfied Charges ₹ 16.81 Cr
  • Revenue Growth 6.46%
  • Profit Growth 30.20%
  • Ebitda 304.37%
  • Net Worth 129.45%
  • Total Assets 13.74%
Company report

Advance Wheelcare Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Advance Wheelcare Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Advance Wheelcare Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Inder Chand SethiaDirector09 Mar 2004Current
Sangita Inderchand SethiaAdditional Director11 Apr 2009Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Apr 2009Past

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Financial Performance of Advance Wheelcare.

Advance Wheelcare Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.46% increase. The company also saw a substantial improvement in profitability, with a 30.2% increase in profit. The company's net worth Soared by an impressive increase of 129.45%.

Advance Wheelcare revenue growth over time
Advance Wheelcare profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.46%
Revenue from Operations
12.56%
Total Assets
13.74%
Profit or Loss
30.20%
Net Worth
129.45%
EBITDA
304.37%

What is the Ownership and Shareholding Structure of Advance Wheelcare?

Unlock access to Advance Wheelcare's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹136,000,000.00

Satisfied Charges

₹168,131,000.00

Charges Breakdown by Lending Institutions

  • Others : 7.56 Cr
  • Indian Bank : 6.04 Cr

Latest Charge Details

DateLenderAmountStatus
15 Nov 2023Indian Bank₹6.04 CrOpen
23 Mar 2023Others₹7.19 CrOpen
18 Mar 2023Others₹3.70 MOpen
04 Feb 2022Others₹5.02 CrSatisfied
18 Dec 2017Hdfc Bank Limited₹2.10 CrSatisfied

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How Many Employees Work at Advance Wheelcare?

Advance Wheelcare has a workforce of 15 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Advance Wheelcare Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance Wheelcare, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Advance Wheelcare's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Advance Wheelcare

Recent Activity within the Organization

  • Annual General Meeting

    Advance Wheelcare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Advance Wheelcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    Progress on 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. was documented.

  • Charges

    A charge with Indian Bank amounted to Rs. 6.04 Cr with Charge ID 100850760 was registered on 15 Nov 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 7.19 Cr with Charge ID 100695142 was registered on 23 Mar 2023. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.37 Cr with Charge ID 100695152 was registered on 18 Mar 2023. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Advance Wheelcare Private Limited?

    The CIN of Advance Wheelcare Private Limited is U50403GJ2004PTC043754.

  • Where is Advance Wheelcare Private Limited headquartered?

    Advance Wheelcare Private Limited is headquartered at Nr Priya Cinemakrishnanagar, Ahmedabad, Gujarat, 382345.

  • When was Advance Wheelcare Private Limited incorporated?

    Advance Wheelcare Private Limited was incorporated on 09 March 2004.

  • Who are the current directors of Advance Wheelcare Private Limited?

    The current directors of Advance Wheelcare Private Limited are

  • What is the primary industry of Advance Wheelcare Private Limited?

    The primary industry of Advance Wheelcare Private Limited is Trade.

  • Is Advance Wheelcare Private Limited a listed company?

    Advance Wheelcare Private Limited is unlisted.

  • What is the capital structure of Advance Wheelcare Private Limited?

    The authorized capital of Advance Wheelcare Private Limited is ₹1.00 Cr, and the paid-up capital is ₹8.73 M.

  • What is the compliance status of Advance Wheelcare Private Limited?

    The compliance status of Advance Wheelcare Private Limited is Compliant.

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