MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-MH-17-0025591
Angel Auto Wheels Private Limited - automotive in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹62 Cr
▼ 43% YoY
Net loss · FY 2021
₹2.53 Cr
Net margin -4.1%
EBITDA · FY 2021
₹4.07 Cr
EBITDA margin 6.6%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Open charges
₹39.59 Cr
Satisfied ₹16.5 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
28
Provident fund records
About Angel Auto Wheels Private Limited
Data last updated:
Angel Auto Wheels Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 21 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50102MH2014PTC254814. Its GSTIN is 27AAMCA5787D1ZC (Maharashtra).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors Hemant Jagdish Dave and Rakesh Subhash Sheth.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Unit No. 3 8 & 12 Angel Business Centre S. No.82 H No.3 Waliv Phata, Vasai, Maharashtra, India – 401208.
As per the financials filed for FY 2021, the company reported a revenue of ₹62 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹2.53 Cr (net margin -4.1%) and EBITDA of ₹4.07 Cr (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 8% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Angelmahindra. As per MCA filings, the company has open charges of ₹39.59 Cr and satisfied charges of ₹16.5 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 5 cases are pending.
Angel Auto Wheels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0025591). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website angelmahindra.com.
Company details
CIN U50102MH2014PTC254814
Registration Number 254814
Incorporation Date 21 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0025591
Recognitions & Rankings of Angel Auto Wheels
Contact details
Angel Auto Wheels Private Limited's registered office is in Vasai, Maharashtra. Its website is angelmahindra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 3 8 & 12 Angel Business Centre S. No.82 H No.3 Waliv Phata, Vasai, Maharashtra, India – 401208
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Angel Auto Wheels Private Limited, buy the company report.
Comprehensive company report
Angel Auto 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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Secure checkout · GST invoice included
Brands
Angel Auto Wheels operates one associated brand: Angelmahindra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| angelmahindra.com |
Business activity
The main business activity of Angel Auto Wheels is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Angel Auto Wheels Private Limited, buy the company report.
Financials of Angel Auto Wheels Private Limited
FY 2021 filings availableAngel Auto Wheels Private Limited reported revenue of ₹62 Cr (down 43% YoY) for FY 2021.
Revenue · FY 2021
₹62 Cr ▼ 43%
Net loss · FY 2021
₹2.53 Cr margin -4.1%
EBITDA · FY 2021
₹4.07 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 26%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 73%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 43% fall in the latest year. EBITDA rose 53% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹62 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.53 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | -4.1% | ||||
| 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 Angel Auto Wheels Private Limited, buy the company report.
Board of directors of Angel Auto Wheels Private Limited
Angel Auto Wheels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Jagdish Dave Also directs: Jayden Auto Wheels Private Limited, Angel Auto World Private Limited, Angel Auto Agency Private Limited and 1 more | Director | 21 Mar 2014 | 12 Years 7 Months | Current |
| Rakesh Subhash Sheth | Director | 21 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Angel Auto Wheels Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goberdhan Motors Private Limited | ₹62.26 Cr (FY 2025) | 15.0% | Kurhani, Bihar, India | |||
| Ashwani Cars Private Limited | ₹62.12 Cr (FY 2025) | -32.0% | Hisar, Haryana, India | |||
| Jhabakh Auto Private Limited | ₹62.08 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Keshavraj Automobiles Private Limited | ₹62.06 Cr (FY 2024) | 34.0% | Delhi, India | |||
| Jaiswal Autosales Private Limited | ₹62.03 Cr (FY 2025) | 22.0% | Ghazipur, Uttar Pradesh, India | |||
| Angel Auto Wheels Private Limitedthis company | ₹62 Cr (FY 2021) | -₹2.53 Cr | -4.1% | -43.0% | 28 | Vasai, Maharashtra, India |
| Bhadrakali Autocare Private Limited | ₹61.82 Cr (FY 2025) | 11.0% | Hanamkonda, Telangana, India |
To see the full peer comparison of Angel Auto Wheels Private Limited, buy the company report.
Auditor
Angel Auto Wheels Private Limited is audited by TARUN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TARUN & ASSOCIATES | FY 2021 | 127846W |
Shareholding
The shareholding of Angel Auto Wheels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Angel Auto Wheels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹39.59 Cr
Satisfied charges
₹16.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2021 | 100521087 | Others | ₹19 Cr | Open | |
| 14 Oct 2021 | 100503381 | Others | ₹20.1 Lakh | Open | |
| 14 Oct 2021 | 100503383 | Others | ₹18.86 Lakh | Open | |
| 14 Oct 2021 | 100503384 | Others | ₹18.28 Lakh | Open | |
| 14 Oct 2021 | 100503387 | Others | ₹20.1 Lakh | Open |
To see the full charge records of Angel Auto Wheels Private Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Angel Auto Wheels Private Limited has 9 court cases on record: 9 filed against it. 5 cases are pending and 4 are disposed.
Total cases
9
Filed against the company
9
Pending
5
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 5 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Mahindra and Mahindra Financial Services Ltd | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by Mahindra and Mahindra Financial Services Limited Through Mr Sachin Kirpekar | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR RA) | Filed against the company by Mahindra and Mahindra Financial Services Ltd | Disposed |
| High Court | Court case (CARBP) | Filed against the company by Mahindra and Mahindra Financial Services Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by M/S Valvoline Cummins Private Limited | Disposed |
To see the full case history of Angel Auto Wheels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Angel Auto Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Angel Auto Wheels Private Limited has a workforce of 28 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
-47.17%
GST
Angel Auto Wheels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA5787D1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Angel Auto Wheels Private Limited, buy the company report.
Recent activity
Angel Auto Wheels Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Hemant Jagdish Dave was appointed as Director on 21 Mar 2014.
Charges
A charge registered on 22 Jun 2020 via Charge ID 100361131 with Others was fully satisfied on 28 Dec 2021.
Charges
A charge registered on 25 May 2018 via Charge ID 100198922 with Others was fully satisfied on 28 Dec 2021.
Charges
A charge registered on 28 Jun 2017 via Charge ID 100110219 with Others was fully satisfied on 28 Dec 2021.
Charges
A charge with Others amounted to Rs. 19.00 Cr with Charge ID 100521087 was registered on 27 Dec 2021.
Charges
A charge with Others of Rs. 4.50 Cr registered on 13 Sep 2014 with Charge ID 10533295 was modified on 23 Dec 2021.
AGM
Angel Auto Wheels Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100503381 was registered on 14 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100503383 was registered on 14 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100503384 was registered on 14 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100503387 was registered on 14 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100505710 was registered on 14 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100503385 was registered on 12 Oct 2021.
25 earlier events are in the company report.
Frequently asked questions
Angel Auto Wheels is an active private limited company based in Vasai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 21 March 2014 (12+ years old) and is registered under CIN U50102MH2014PTC254814.
Angel Auto Wheels has 2 current directors:
- Hemant Jagdish Dave - Director
- Rakesh Subhash Sheth - Director
The latest financial statements of Angel Auto Wheels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Angel Auto Wheels is 27AAMCA5787D1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Angel Auto Wheels is U50102MH2014PTC254814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Angel Auto Wheels has 9 court cases on record: 9 filed against it. 5 are pending. Most are in the district courts.
Angel Auto Wheels was incorporated on 21 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Angel Auto Wheels by revenue are Goberdhan Motors Private Limited, Ashwani Cars Private Limited, Jhabakh Auto Private Limited, Keshavraj Automobiles Private Limited, Jaiswal Autosales Private Limited and 1 more, all in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading).
Hemant Jagdish Dave was appointed as Director on 21 Mar 2014. Rakesh Subhash Sheth was appointed as Director on 21 Mar 2014.
Yes, Angel Auto Wheels is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0025591).
Angel Auto Wheels can be reached through the website angelmahindra.com. Its registered office is in Vasai, Maharashtra, India.