DPIIT recognised startup Government of India
Startup India
Hcube Wowcarz Private Limited - e-commerce in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.74 Cr
▲ 31% YoY
Net loss · FY 2024
₹52.53 Lakh
Net margin -19.2%
EBITDA · FY 2024
₹16.62 Lakh
EBITDA margin 6.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.62 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
16
Provident fund records
About Hcube Wowcarz Private Limited
Data last updated:
Hcube Wowcarz Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the online rental platforms segment of the e-commerce sector. It was incorporated on 20 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2019PTC121649. Its GSTIN is 29AAECH8234Q1ZU (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemalatha Venkatesh and Majeed Shakul Hakeem.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 1029 20th Main Btm Layout 4th Stage 2nd Block, Bengaluru, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.74 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹52.53 Lakh (net margin -19.2%) and EBITDA of ₹16.62 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wowcarz. As per MCA filings, the company has open charges of ₹1.62 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Hcube Wowcarz Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0049878). For more details, the company can be reached via its website wowcarz.in.
Company details
CIN U63030KA2019PTC121649
Registration Number 121649
Incorporation Date 20 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0049878
Recognitions & Rankings of Hcube Wowcarz
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0049878
Contact details
Hcube Wowcarz Private Limited's registered office is in Bengaluru, Karnataka. Its website is wowcarz.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 1029 20th Main Btm Layout 4th Stage 2nd Block, Bengaluru, Karnataka, India – 560076
- IndustryE-Commerce, Online Rental Platforms
To see the full contact details of Hcube Wowcarz Private Limited, buy the company report.
Comprehensive company report
Hcube Wowcarz 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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Brands
Hcube Wowcarz operates one associated brand: Wowcarz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Self-drive car rental services in India. | wowcarz.in |
Business activity
The main business activity of Hcube Wowcarz is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Hcube Wowcarz Private Limited, buy the company report.
Financials of Hcube Wowcarz Private Limited
FY 2024 filings availableHcube Wowcarz Private Limited reported revenue of ₹2.74 Cr (up 31% YoY) for FY 2024.
Revenue · FY 2024
₹2.74 Cr ▲ 31%
Net loss · FY 2024
₹52.53 Lakh margin -19.2%
EBITDA · FY 2024
₹16.62 Lakh margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 72%
EBITDA CAGR growth
1 year
▲ 166%
3 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 72% over three years, including 31% growth in the latest year. EBITDA rose 166% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹16.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | -19.2% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Hcube Wowcarz Private Limited, buy the company report.
Board of directors of Hcube Wowcarz Private Limited
Hcube Wowcarz has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemalatha Venkatesh Also directs: HWC Wowgarages LLP | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Majeed Shakul Hakeem Also directs: HWC Wowgarages LLP | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Hcube Wowcarz Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Rentals), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rohan Car Rentals Private Limited | ₹3.1 Cr (FY 2015) | -41.0% | Mumbai, Maharashtra, India | |||
| Hcube Wowcarz Private Limitedthis company | ₹2.74 Cr (FY 2024) | -₹52.53 Lakh | -19.2% | 31.0% | 16 | Bengaluru, Karnataka, India |
| Omshreem Technologies Private Limited | ₹2.62 Cr (FY 2025) | 63.0% | Gurgaon, Haryana, India | |||
| Fivem Rentals Private Limited | ₹2.57 Cr (FY 2019) | 56.0% | Coimbatore, Tamil Nadu, India | |||
| NKS Equipments Rentals Private Limited | ₹2.28 Cr (FY 2019) | -6.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hcube Wowcarz Private Limited, buy the company report.
Auditor
Hcube Wowcarz Private Limited is audited by DAMACHARLA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAMACHARLA & CO | FY 2023 | 017819S |
Shareholding
The shareholding of Hcube Wowcarz Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hcube Wowcarz Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.62 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2025 | 101180955 | Others | ₹19.28 Lakh | Open | |
| 17 Oct 2025 | 101180953 | Others | ₹4.45 Lakh | Open | |
| 20 Dec 2024 | 101027511 | Others | ₹11.74 Lakh | Open | |
| 15 Nov 2024 | 101007953 | Others | ₹24.05 Lakh | Open | |
| 23 Oct 2024 | 101008005 | Others | ₹8.39 Lakh | Open |
Total charge records: 13 View all charges
Legal cases
Hcube Wowcarz Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed against the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, CHAMRAJNAGAR, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, CHAMRAJNAGAR, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, CHAMRAJNAGAR, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, CHAMRAJNAGAR, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Hcube Wowcarz 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 Hcube Wowcarz Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hcube Wowcarz Private Limited has a workforce of 16 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
6.67%
GST
Hcube Wowcarz has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH8234Q1ZU | Karnataka | Active | 25 Mar 2019 |
To see the full GST registrations and return filing status of Hcube Wowcarz Private Limited, buy the company report.
Recent activity
Hcube Wowcarz Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Hemalatha Venkatesh was appointed as Director on 20 Feb 2019.
Charges
A charge with Others amounted to Rs. 19.28 Lakh with Charge ID 101180955 was registered on 22 Oct 2025.
Charges
A charge with Others amounted to Rs. 4.45 Lakh with Charge ID 101180953 was registered on 17 Oct 2025.
Charges
A charge with Others amounted to Rs. 11.74 Lakh with Charge ID 101027511 was registered on 20 Dec 2024.
Charges
A charge with Others amounted to Rs. 24.05 Lakh with Charge ID 101007953 was registered on 15 Nov 2024.
Charges
A charge with Others amounted to Rs. 8.39 Lakh with Charge ID 101008005 was registered on 23 Oct 2024.
AGM
Hcube Wowcarz Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hcube Wowcarz Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 16.62 Lakh with Charge ID 100831304 was registered on 20 Nov 2023.
Charges
A charge with Others amounted to Rs. 6.00 Lakh with Charge ID 100832047 was registered on 12 Oct 2023.
Charges
A charge with Others amounted to Rs. 20.98 Lakh with Charge ID 100770362 was registered on 28 Jul 2023.
Charges
A charge with Others amounted to Rs. 18.97 Lakh with Charge ID 100743642 was registered on 30 May 2023.
Charges
A charge with Others amounted to Rs. 7.11 Lakh with Charge ID 100672955 was registered on 26 Dec 2022.
6 earlier events are in the company report.
Frequently asked questions
Hcube Wowcarz is an active private limited company based in Bengaluru, Karnataka, India. The company works in online rental platforms, within the e-commerce industry. It was incorporated on 20 February 2019 (7+ years old) and is registered under CIN U63030KA2019PTC121649.
Hcube Wowcarz has 2 current directors:
- Hemalatha Venkatesh - Director
- Majeed Shakul Hakeem - Director
The latest financial statements of Hcube Wowcarz on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Hcube Wowcarz is 29AAECH8234Q1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Hcube Wowcarz is U63030KA2019PTC121649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hcube Wowcarz has 4 court cases on record: 4 filed against it. 1 is pending.
Hcube Wowcarz was incorporated on 20 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hcube Wowcarz by revenue are Rohan Car Rentals Private Limited, Omshreem Technologies Private Limited, Fivem Rentals Private Limited, NKS Equipments Rentals Private Limited, all in the Ecommerce and Internet industry (Rentals), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Hemalatha Venkatesh was appointed as Director on 20 Feb 2019. Majeed Shakul Hakeem was appointed as Director on 20 Feb 2019.
Yes, Hcube Wowcarz is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Hcube Wowcarz is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0049878).