Ashish Wheels Limited - automotive in Siliguri, West Bengal, India. FY 2026 financials and compliance.
CIN U50102WB2005PLC104538 Incorporated 03 August 2005 ROC Kolkata HQ Siliguri, West Bengal, India
Active Public Limited Company automotive
Data last updated
Revenue · FY 2025
₹10.47 Lakh
▼ 47.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹25.9 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Last financials
Mar 2025
Balance sheet date

About Ashish Wheels Limited

Data last updated: 07 March 2026

Ashish Wheels Limited is a public limited company based in Siliguri, West Bengal, India. It specialises in motorcycles and scooters, a part of the broader automotive sector. Incorporated on 03 August 2005, the company has been in operation for over 21 years.

Registered with ROC Kolkata under CIN U50102WB2005PLC104538.

Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Bidya Devi Agarwal and Sangita Agarwal.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Pratap Marketsevoke Road, Siliguri, West Bengal, India – 734401.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.47 Lakh, a decline of 47% compared to the previous year.

The company is associated with 1 brand - Ashish Wheels. As per MCA filings, the company has open charges of ₹25.9 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashishwheels.com.

Company Details of Ashish Wheels Limited
CIN U50102WB2005PLC104538
Registration Number 104538
Incorporation Date 03 August 2005
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Pratap Marketsevoke Road, Siliguri, West Bengal, India – 734401
  • Industry
    Automotive, Motorcycles & Scooters
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Financials, compliance, directors, charges, ownership and filings for Ashish Wheels Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Ashish Wheels Limited

Ashish Wheels Limited operates one associated brand: Ashish Wheels. These brands represent Ashish Wheels Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufactures electric two-wheelers to promote sustainable urban transportation. ashishwheels.com

Competitors & Alternatives of Ashish Wheels Limited

Brands and companies operating in the same space as Ashish Wheels Limited include Ather Energy, Ola Electric, BGauss and 6 more.

Competitor Description Location Founded
Ather Energy Ather Energy Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories Bengaluru, India, India 2013
Ola Electric Ola Electric Electric scooters and motorcycles are manufactured with related accessories. Bengaluru, India, India 2017
BGauss BGauss Retailer of electric scooters offering test rides, maintenance, and financing Mumbai, India, India 2020
Hero Electric Hero Electric Manufacturer offering electric scooters and mobility solutions Gurugram, India, India 2007
Gogoro Gogoro Electric scooters are developed and battery swapping networks are operated. Taipei, Taiwan, Taiwan 2011
Greaves Electric Mobility Greaves Electric Mobility Manufacturer of electric two and three-wheelers for personal and commercial use Bengaluru, India, India 2008
River River Electric scooters are designed and produced for urban mobility. Bengaluru, India, India 2020
Motovolt Motovolt Electric bicycles with advanced features are developed by Motovolt. Kolkata, India, India 2019
BNC Motors BNC Motors Electric two-wheelers with removable batteries and hub motors are manufactured. Coimbatore, India, India 2020

Business Activity of Ashish Wheels Limited

Ashish Wheels Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C11 Motor vehicles, trailers, semi trailers and other Transport Vehicles Locked
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Auditor Details of Ashish Wheels Limited

Ashish Wheels Limited is audited by C K BAGARIA & CO for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
C K BAGARIA & CO Locked Locked Locked
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Board of Directors of Ashish Wheels Limited

Ashish Wheels Limited is currently managed by 3 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Bidya Devi Agarwal Director 03 Aug 2005 20 Years 11 Months Current
Sangita Agarwal Director 27 Jul 2022 3 Years 11 Months Current
Ashish Agarwal Director 03 Aug 2005 20 Years 11 Months Current

Financials of Ashish Wheels Limited FY 2025 filings available

Ashish Wheels Limited reported revenue of ₹10.47 Lakh (down 47.00% YoY) for FY 2025.

Revenue · FY 2025
₹10.47 Lakh ▼ 47.00%
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Ten-year financial statements for Ashish Wheels Limited

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Ownership and Shareholding of Ashish Wheels Limited

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Shareholding and ownership data for Ashish Wheels Limited

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Charges & Borrowings of Ashish Wheels Limited

Open charges
₹25.9 Lakh
Satisfied charges
₹0
Breakdown by lending institutions
Karnataka Bank Ltd.₹0.26 Cr
Latest charge details
DateLenderAmountStatus
16 Oct 2020 Karnataka Bank Ltd. ₹4.9 Lakh Open
22 Jul 2009 Karnataka Bank Ltd. ₹21 Lakh Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Ashish Wheels Limited

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Employee and EPFO history for Ashish Wheels Limited

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GST Compliance of Ashish Wheels Limited

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GST registrations and filing compliance for Ashish Wheels Limited

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Credit Ratings, Litigation & Regulatory Alerts for Ashish Wheels Limited

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Credit ratings, litigation, and regulatory alerts for Ashish Wheels Limited

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MSME Payment Delays by Ashish Wheels Limited

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MSME payment history for Ashish Wheels Limited

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Subsidiaries & Group Companies of Ashish Wheels Limited

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Corporate group structure for Ashish Wheels Limited

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MCA Filings & Documents of Ashish Wheels Limited

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MCA filings and documents for Ashish Wheels Limited

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Recent Activity on Ashish Wheels Limited

Activity
30 Sep 2025
Ashish Wheels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Ashish Wheels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata Ii.
Directors
27 Jul 2022
Sangita Agarwal was appointed as a Director on 27 Jul 2022 & has been associated with this company since 3 years 11 months.
Charges
30 Jun 2022
A charge with Karnataka Bank Ltd. of Rs. 21.00 Lakh registered on 22 Jul 2009 with Charge ID 10169657 was modified on 30 Jun 2022.
Charges
16 Oct 2020
A charge with Karnataka Bank Ltd. amounted to Rs. 4.90 Lakh with Charge ID 100381460 was registered on 16 Oct 2020.
Charges
22 Jul 2009
A charge with Karnataka Bank Ltd. amounted to Rs. 21.00 Lakh with Charge ID 10169657 was registered on 22 Jul 2009.

Frequently Asked Questions about Ashish Wheels Limited

Ashish Wheels Limited is an active public limited company in the automotive sector based in Siliguri, West Bengal, India. It was incorporated on 03 August 2005 (21+ years old) and is registered under CIN U50102WB2005PLC104538.

Ashish Wheels Limited reported revenue of ₹10.47 Lakh for FY 2025 (down 47.00% YoY).

The current directors of Ashish Wheels Limited are:

The primary industry of Ashish Wheels Limited is automotive. The company specifically operates in motorcycles and scooters. The company is currently active in this sector.

Ashish Wheels Limited can be reached at the registered office: Pratap Marketsevoke Road, Siliguri, West Bengal, India – 734401, or through the website ashishwheels.com.

The authorised capital is ₹25 Lakh, and the paid-up capital is ₹25 Lakh.

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