Envee Wheels Limited
About Envee Wheels Limited
Data last updated:
Envee Wheels Limited is a public limited company based in Pune, Maharashtra, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 18 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34200PN2016PLC158899. Its GSTIN is 27AAECE2221Q1ZI (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Parshuram Gopichand Shinde and Dhananjay Gorakhnath Shinde.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sr No. 5/12/ Cts No. 2504 Office No. 303, Vasudha Equinox Pune City Pune Kirkee (Cb), Maharashtra, India – 411003.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.16 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹28,189 (net margin 1.6%) and EBITDA of ₹70,289 (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Envee Wheels has one previous CIN (Corporate Identification Number): U34200PN2016PTC158899. The current CIN is U34200PN2016PLC158899, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34200PN2016PLC158899 | Current |
| U34200PN2016PTC158899 | Previous |
Contact details
Envee Wheels Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSr No. 5/12/ Cts No. 2504 Office No. 303, Vasudha Equinox Pune City Pune Kirkee (Cb), Maharashtra, India – 411003
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Envee Wheels Limited, buy the company report.
- 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
Business activity
The main business activity of Envee Wheels is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Envee Wheels Limited, buy the company report.
Financials of Envee Wheels Limited
FY 2023 filings availableEnvee Wheels Limited reported revenue of ₹17.16 Lakh (down 68% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 68% fall in the latest year. EBITDA fell 50% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹70,289 | ||||
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| Net Profit (PAT) | ₹28,189 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Envee Wheels Limited, buy the company report.
Board of directors of Envee Wheels Limited
Envee Wheels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parshuram Gopichand Shinde | Director | 29 Dec 2022 | 3 Years 10 Months | Current |
| Dhananjay Gorakhnath Shinde | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Gorakhnath Parasu Shinde | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Envee Wheels Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Egoplus Mobility Solutions Private Limited | ₹17.68 Lakh (FY 2025) | -83.0% | Noida, Uttar Pradesh, India | |||
| Envee Wheels Limitedthis company | ₹17.16 Lakh (FY 2023) | ₹28,189 | 1.6% | -68.0% | Pune, Maharashtra, India | |
| Mazout Electric Private Limited | ₹17.09 Lakh (FY 2024) | Delhi, India | ||||
| Corrit Electric Private Limited | ₹15.71 Lakh (FY 2025) | -89.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Envee Wheels Limited, buy the company report.
Auditor
Envee Wheels Limited is audited by SANTOSH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTOSH & CO | FY 2022 | 142483W |
Shareholding
The shareholding of Envee Wheels Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Envee Wheels Limited, buy the company report.
Legal cases
No court or tribunal cases involving Envee Wheels Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Envee Wheels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Envee Wheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE2221Q1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Envee Wheels Limited, buy the company report.
Recent activity
Envee Wheels Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Parshuram Gopichand Shinde ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Envee Wheels is an active public limited company based in Pune, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 18 March 2016 (10+ years old) and is registered under CIN U34200PN2016PLC158899.
Envee Wheels has 3 current directors:
- Parshuram Gopichand Shinde - Director
- Dhananjay Gorakhnath Shinde - Director
- Gorakhnath Parasu Shinde - Director
The latest financial statements of Envee Wheels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Envee Wheels is 27AAECE2221Q1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Envee Wheels is U34200PN2016PLC158899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Envee Wheels was incorporated on 18 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Envee Wheels by revenue are Egoplus Mobility Solutions Private Limited, Mazout Electric Private Limited, Corrit Electric Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Parshuram Gopichand Shinde ceased to be Additional Director on 29 Sep 2023. Parshuram Gopichand Shinde was appointed as Director on 29 Dec 2022. Dhananjay Gorakhnath Shinde was appointed as Director on 18 Mar 2016. Envee Wheels has 4 board changes on record in total.
The registered office of Envee Wheels is at Sr No. 512 Cts No. 2504 Office No. 303, Vasudha Equinox Pune City Pune Kirkee Cb, Maharashtra, India – 411003.
Envee Wheels operates in the automotive industry, in the electrical and bio fuel vehicles segment.
The compliance status of Envee Wheels is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.