Discover Axles India Private Limited - Company Profile

It is a automotive private limited company based in Pune, Maharashtra, India, established in 2011.

2011 Pune, Maharashtra, India Active

Last Updated: February 21, 2026

About Discover Axles India Private Limited

Discover Axles India Private Limited, a active private limited company, was established on 09 November 2011 in Pune, Maharashtra, India. Engaging in commercial vehicles & fleet within the manufacturing sector, it holds CIN: U35999PN2011PTC141295. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.58 M.

It upholds a compliant status. Its leadership includes Vijaykumar Bhalchandra Shete (Director), Sneha Vijaykumar Shete (Director). Past directors included Sachin Raosaheb Shinde, Rajendra Vilas Kadam, Yashwant Vishnu Deshmukh. It holds no open charges and ₹5.72 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No.-E-2, Gat No.-228,Camron Industrial Park2, Near Dwarka City, Mahalunge Ambethan Roa, D, Chakan,, Pune, Maharashtra, 410501.

Company Details

CIN/LLPIN
U35999PN2011PTC141295
Registration Number
141295
Incorporation Date
09 November 2011
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹9.58 M
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 21-02-2026
Paid Up Capital ₹ 9.58 M as on 21-02-2026
Company Age 14 Year, 3 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 5.72 Cr as on 21-02-2026
Revenue Growth **** -54.60% (FY 2023)
Profit Growth **** -725.88% (FY 2023)
Ebitda **** -525.02% (FY 2023)
Net Worth -10.61% (FY 2023)
Total Assets -86.13% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Discover Axles India 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 Discover Axles India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vijaykumar Bhalchandra Shete	Director	09 Nov 2011	Current
Sneha Vijaykumar Shete	Director	22 Jul 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Apr 2022	Past
Pramod Abcsdd	Director	22 Jul 2021	Past
Pramod Abcsdd	Director	19 Dec 2013	Past
Pramod Abcsdd	Director	19 Dec 2013	Past
Pramod Abcsdd	Additional Director	30 Nov 2021	Past

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Financial Performance of Discover Axles India.

Discover Axles India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 54.6% decrease. The company also saw a substantial fall in profitability, with a 725.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.61%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-54.60%

*******

Revenue from Operations

*******

-92.83%

*******

Total Assets

*******

-86.13%

*******

Profit or Loss

*******

-725.88%

*******

Net Worth

*******

-10.61%

*******

EBITDA

*******

-525.02%

*******

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What is the Ownership and Shareholding Structure of Discover Axles India?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹57,200,000.00

Charges Breakdown by Lending Institutions

Indian Bank : 5.72 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Aug 2018	Indian Bank	₹5.72 Cr	Satisfied

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How Many Employees Work at Discover Axles India?

Unlock and access historical data on people associated with Discover Axles India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Discover Axles India, 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 Discover Axles India's trajectory.

Rating

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Alerts

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.

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Latest Updates, News, and FAQs on Discover Axles India

Recent Activity within the Organization

Annual General Meeting

Progress on Discover Axles India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

The activity Discover Axles India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.
31 Mar 2024
Charges

A charge registered on 27 Aug 2018 via Charge ID 100220950 with Indian Bank was fully satisfied on 07 Apr 2022. was recorded as a recent event.
07 Apr 2022
Director Appointment

Progress on Sneha Vijaykumar Shete was appointed as a Director was appointed as a Director on 22 Jul 2021 & has been associated with this company since 4 years 7 months . was documented.
22 Jul 2021
Charges

Progress on A charge with Indian Bank of Rs. 5.72 Cr registered on 27 Aug 2018 with Charge ID 100220950 was modified on 10 Jun 2020. was documented.
10 Jun 2020
Charges

Progress on A charge with Indian Bank amounted to Rs. 5.72 Cr with Charge ID 100220950 was registered on 27 Aug 2018. was documented.
27 Aug 2018

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Frequently Asked Questions

What is the CIN of Discover Axles India Private Limited?

The CIN of Discover Axles India Private Limited is U35999PN2011PTC141295.

Where is Discover Axles India Private Limited headquartered?

Discover Axles India Private Limited is headquartered at Plot No.-E-2, Gat No.-228,Camron Industrial Park2, Near Dwarka City, Mahalunge Ambethan Roa, D, Chakan,, Pune, Maharashtra, 410501.

When was Discover Axles India Private Limited incorporated?

Discover Axles India Private Limited was incorporated on 09 November 2011.

Who are the current directors of Discover Axles India Private Limited?

The current directors of Discover Axles India Private Limited are

What is the primary industry of Discover Axles India Private Limited?

The primary industry of Discover Axles India Private Limited is Manufacturing.

Is Discover Axles India Private Limited a listed company?

Discover Axles India Private Limited is unlisted.

What is the capital structure of Discover Axles India Private Limited?

The authorized capital of Discover Axles India Private Limited is ₹1.00 Cr, and the paid-up capital is ₹9.58 M.

What is the compliance status of Discover Axles India Private Limited?

The compliance status of Discover Axles India Private Limited is Compliant.

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