Ganesh Wheels Private Limited
About Ganesh Wheels Private Limited
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Ganesh Wheels Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 12 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ1988PTC010692. Its GSTIN is 24AAACG7811N1ZI (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors Mahendrabhai Vallbhbhai Ardeshna and Hemen Bhagwanjibhai Sejpal.
Its last annual general meeting (AGM) was held on 03 January 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at R.S.No. 68/P2 Village: Khiri Taluka: Jodiya, Jamnagar, Gujarat, India – 361009.
As per the financials filed for FY 2020, the company reported a revenue of ₹25.61 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹32.22 Lakh (net margin -125.8%) and EBITDA of -₹20.77 Lakh (EBITDA margin -81.1%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 48% over five years.
As per MCA filings, the company has satisfied charges of ₹6.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ganesh Wheels Private Limited's registered office is in Jamnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressR.S.No. 68/P2 Village: Khiri Taluka: Jodiya, Jamnagar, Gujarat, India – 361009
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Ganesh Wheels Private 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 Ganesh Wheels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ganesh Wheels Private Limited, buy the company report.
Financials of Ganesh Wheels Private Limited
FY 2020 filings availableGanesh Wheels Private Limited reported revenue of ₹25.61 Lakh (down 83% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 83% fall in the latest year. EBITDA fell 150% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.61 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -81.1% | ||||
| Net Profit Margin | -125.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ganesh Wheels Private Limited, buy the company report.
Board of directors of Ganesh Wheels Private Limited
Ganesh Wheels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendrabhai Vallbhbhai Ardeshna | Director | 11 Aug 1999 | 27 Years 2 Months | Current |
| Hemen Bhagwanjibhai Sejpal | Director | 17 May 2023 | 3 Years 5 Months | Current |
Auditor
Ganesh Wheels Private Limited is audited by M N MANVAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N MANVAR & CO | FY 2020 | 106047W |
Shareholding
The shareholding of Ganesh Wheels Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ganesh Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2008 | 10120113 | Indian Bank | ₹3.1 Cr | Satisfied | |
| 24 May 2008 | 10107523 | Indian Bank | ₹1.2 Cr | Satisfied | |
| 24 May 2008 | 10107659 | Indian Bank | ₹1.44 Cr | Satisfied | |
| 11 Mar 2005 | 80046324 | Citizen'S Co-Operative Bank Limited | ₹12.5 Lakh | Satisfied | |
| 11 Mar 2005 | 90110897 | Citizen Co-Operatrive Bank Ltd | ₹7.5 Lakh | Satisfied |
To see the full charge records of Ganesh Wheels Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Ganesh Wheels Private 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 Ganesh Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ganesh Wheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG7811N1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ganesh Wheels Private Limited, buy the company report.
Recent activity
Ganesh Wheels Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Meena Rakesh Bansal ceased to be Director on 18 May 2023.
14 earlier events are in the company report.
Frequently asked questions
Ganesh Wheels is an active private limited company based in Jamnagar, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 May 1988 (38+ years old) and is registered under CIN U29120GJ1988PTC010692.
Ganesh Wheels has 2 current directors:
- Mahendrabhai Vallbhbhai Ardeshna - Director
- Hemen Bhagwanjibhai Sejpal - Director
The latest financial statements of Ganesh Wheels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 03 January 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Ganesh Wheels is 24AAACG7811N1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Ganesh Wheels is U29120GJ1988PTC010692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ganesh Wheels was incorporated on 12 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Meena Rakesh Bansal ceased to be Director on 18 May 2023. Rakesh Jaikaran Bansal ceased to be Director on 18 May 2023. Hemen Bhagwanjibhai Sejpal was appointed as Director on 17 May 2023. Ganesh Wheels has 4 board changes on record in total.
The registered office of Ganesh Wheels is at R.S.No. 68P2 Village: Khiri Taluka: Jodiya, Jamnagar, Gujarat, India – 361009.
Ganesh Wheels operates in the metals and minerals industry, in the construction materials retail and distribution segment.
Ganesh Wheels has no open charges and satisfied charges of ₹6.55 Cr as per latest MCA filings.
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