Aks Wheels (India) Private Limited

Aks Wheels (India) Private Limited - automotive in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
CIN U50403CT2010PTC021990 Incorporated 09 August 2010 ROC Chhattisgarh HQ Raipur, Chhattisgarh, India
Active Private Limited Company automotive MSME · Micro
Data last updated
Revenue · FY 2024
₹41.73 Lakh
▼ 68% YoY
Net loss · FY 2024
₹3.82 Lakh
Net margin -9.2%
EBITDA · FY 2024
₹9.03 Lakh
EBITDA margin 21.7%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹11.28 Cr
Satisfied ₹25 Lakh
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

About Aks Wheels (India) Private Limited

Data last updated:

Aks Wheels (India) Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 09 August 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U50403CT2010PTC021990. Its GSTIN is 22AAFCR6088P2ZQ (Chattisgarh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was formerly known as Rishika Agricultures Private Limited. It is led by directors Akshay Kumar Jain and Aditya Kumar Jain.

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 B – (G – 1/3) B – (G – 1/11) Basement Ravi Bhavan Jaistambh Chowk, Raipur, Chhattisgarh, India – 492001.

As per the financials filed for FY 2024, the company reported a revenue of ₹41.73 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹3.82 Lakh (net margin -9.2%) and EBITDA of ₹9.03 Lakh (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 286% over three years and 131% over five years.

As per MCA filings, the company has open charges of ₹11.28 Cr and satisfied charges of ₹25 Lakh on record.

Aks Wheels (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0015245). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksgroupindia.com.

Company details

CIN U50403CT2010PTC021990
Registration Number 021990
Incorporation Date 09 August 2010
ROC Chhattisgarh
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 Micro
Udyam Registration UDYAM-CG-14-0015245

CIN history

Aks Wheels (India) has one previous CIN (Corporate Identification Number): U01111CT2010PTC021990. The current CIN is U50403CT2010PTC021990, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U50403CT2010PTC021990Current
U01111CT2010PTC021990Previous

Recognitions & Rankings of Aks Wheels (India)

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-CG-14-0015245

Contact details

Aks Wheels (India) Private Limited's registered office is in Raipur, Chhattisgarh. Its website is aksgroupindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – (G – 1/3) B – (G – 1/11) Basement Ravi Bhavan Jaistambh Chowk, Raipur, Chhattisgarh, India – 492001
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Aks Wheels (India) Private Limited, buy the company report.

Comprehensive company report
Aks Wheels (India) 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 Aks Wheels (India) 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 Aks Wheels (India) Private Limited, buy the company report.

Financials of Aks Wheels (India) Private Limited

FY 2024 filings available

Aks Wheels (India) Private Limited reported revenue of ₹41.73 Lakh (down 68% YoY) for FY 2024.

Revenue · FY 2024
₹41.73 Lakh ▼ 68%
Net loss · FY 2024
₹3.82 Lakh margin -9.2%
EBITDA · FY 2024
₹9.03 Lakh margin 21.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▲ 286%
5 years · compounded
▲ 131%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 220%
5 years · compounded
▲ 121%

Revenue fell 68% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 131%. EBITDA fell 31% 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₹9.03 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.82 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 Margin21.7%
Net Profit Margin-9.2%
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 Aks Wheels (India) Private Limited, buy the company report.

Board of directors of Aks Wheels (India) Private Limited

Aks Wheels (India) has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akshay Kumar JainDirector05 Jul 20215 Years 3 MonthsCurrent
Aditya Kumar JainDirector01 Apr 20233 Years 6 MonthsCurrent

Peer comparison

Aks Wheels (India) Private Limited is compared with the 4 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
Vaishnavi Transmission Private Limited₹42.07 Lakh (FY 2023)Delhi, India
Boys & Machines Auto Solutions Private Limited₹41.93 Lakh (FY 2023)64.0%Delhi, India
Aks Wheels (India) Private Limitedthis company₹41.73 Lakh (FY 2024)-₹3.82 Lakh-9.2%-68.0%Raipur, Chhattisgarh, India
B.D. Nasa Financial Services Private Limited₹41.13 Lakh (FY 2024)Delhi, India
Shree Laxminarayan Automotive Private Limited₹41.1 Lakh (FY 2025)-78.0%Dahod, Gujarat, India

To see the full peer comparison of Aks Wheels (India) Private Limited, buy the company report.

Auditor

Aks Wheels (India) Private Limited is audited by A.K. PATARIA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A.K. PATARIA & CO.FY 202372227

Shareholding

The shareholding of Aks Wheels (India) 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 Aks Wheels (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.28 Cr
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹7.38 Cr
Others₹3.00 Cr
Uco Bank₹0.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jul 2025101146446Others₹3 CrOpen
22 Mar 2022100549285Uco Bank₹90 LakhOpen
25 Jul 2018100202914Hdfc Bank Limited₹7.38 CrOpen
12 May 201510572496The Raipur Urban Mercantile Co-Op. Bank Limited₹25 LakhSatisfied

To see the full charge records of Aks Wheels (India) Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

GST

Aks Wheels (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
22AAFCR6088P2ZQChattisgarhActive05 Aug 2021

To see the full GST registrations and return filing status of Aks Wheels (India) Private Limited, buy the company report.

Recent activity

Aks Wheels (India) Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Aditya Kumar Jain was appointed as Director on 01 Apr 2023.

Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 101146446 was registered on 25 Jul 2025.
AGM
Aks Wheels (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aks Wheels (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Appointed
Aditya Kumar Jain was appointed as Director.
Charges
A charge with Uco Bank amounted to Rs. 90.00 Lakh with Charge ID 100549285 was registered on 22 Mar 2022.
Charges
A charge registered on 12 May 2015 via Charge ID 10572496 with The Raipur Urban Mercantile Co-Op. Bank Limited was fully satisfied on 05 Jan 2022.
Ceased
Ramu Lal Sahu ceased to be Director.
Ceased
Vikas Madhukar Dabli ceased to be Director.
Appointed
Akshay Kumar Jain was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 738.00 Lakh registered on 25 Jul 2018 with Charge ID 100202914 was modified on 16 Oct 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 738.00 Lakh with Charge ID 100202914 was registered on 25 Jul 2018.
Ceased
Vijay Kumar Choubey ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Aks Wheels (India) is an active private limited company based in Raipur, Chhattisgarh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 09 August 2010 (16+ years old) and is registered under CIN U50403CT2010PTC021990.

Aks Wheels (India) has 2 current directors:

The latest financial statements of Aks Wheels (India) 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 Aks Wheels (India) is 22AAFCR6088P2ZQ, registered in Chattisgarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Aks Wheels (India) is U50403CT2010PTC021990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aks Wheels (India) was incorporated on 09 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chhattisgarh.

The peers of Aks Wheels (India) by revenue are Vaishnavi Transmission Private Limited, Boys & Machines Auto Solutions Private Limited, B.D. Nasa Financial Services Private Limited, Shree Laxminarayan Automotive Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Aditya Kumar Jain was appointed as Director on 01 Apr 2023. Ramu Lal Sahu ceased to be Director on 23 Jul 2021. Vikas Madhukar Dabli ceased to be Director on 23 Jul 2021. Aks Wheels (India) has 8 board changes on record in total.

Yes, Aks Wheels (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-CG-14-0015245).

Aks Wheels (India) can be reached through the website aksgroupindia.com. Its registered office is in Raipur, Chhattisgarh, India.

The registered office of Aks Wheels (India) is at B – G – 13 B – G – 111 Basement Ravi Bhavan Jaistambh Chowk, Raipur, Chhattisgarh, India – 492001.