- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0221444

Minakshi Wheels Private Limited
About Minakshi Wheels Private Limited
Data last updated:
Minakshi Wheels Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 12 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50100MH2006PTC161090. Its GSTIN is 27AAECM6302N1ZA (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹47.25 Lakh. It was formerly known as Minakshi Gold Palace Private Limited. It is led by directors Fatehlal Inder Jain and Rekha Fatehlal Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 12, Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹42.38 Lakh (net margin 2.6%) and EBITDA of ₹87.83 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 143% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹4.6 Cr and satisfied charges of ₹1.5 Cr on record.
Minakshi Wheels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0221444). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Minakshi Wheels has one previous CIN (Corporate Identification Number): U36911MH2006PTC161090. The current CIN is U50100MH2006PTC161090, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50100MH2006PTC161090 | Current |
| U36911MH2006PTC161090 | Previous |
Recognitions & Rankings of Minakshi Wheels
Contact details
Minakshi Wheels Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 001 Plot No. 187, Sector 12 Vashi Navi Mumbai, Thane, Maharashtra, India – 400703
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Minakshi 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 Minakshi Wheels is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Minakshi Wheels Private Limited, buy the company report.
Financials of Minakshi Wheels Private Limited
FY 2025 filings availableMinakshi Wheels Private Limited reported revenue of ₹16.6 Cr (up 154% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 154% growth in the latest year. EBITDA rose 47% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹87.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Minakshi Wheels Private Limited, buy the company report.
Board of directors of Minakshi Wheels Private Limited
Minakshi Wheels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fatehlal Inder Jain Also directs: Priyanka Auto LLP | Director | 12 Apr 2006 | 20 Years 6 Months | Current |
| Rekha Fatehlal Jain Also directs: Priyanka Auto LLP, Rock and Green Developers LLP | Director | 12 Apr 2006 | 20 Years 6 Months | Current |
Peer comparison
Minakshi Wheels Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers, Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anil Motors Private Limited | ₹16.62 Cr (FY 2024) | 26.0% | Latur, Maharashtra, India | |||
| Minakshi Wheels Private Limitedthis company | ₹16.6 Cr (FY 2024) | ₹42.38 Lakh | 2.6% | 154.0% | Thane, Maharashtra, India | |
| Quality Automobiles Private Limited | ₹16.59 Cr (FY 2025) | 6.0% | Hanamkonda, Telangana, India | |||
| HLB Motors Private Limited | ₹16.58 Cr (FY 2024) | 178.0% | Meerut, Uttar Pradesh, India | |||
| Geeta Autowheels Private Limited | ₹16.56 Cr (FY 2025) | 41.0% | Faizabad, Uttar Pradesh, India | |||
| Sita Commercials Private Limited | ₹16.55 Cr (FY 2025) | -35.0% | Balasore, Odisha, India | |||
| Vishal Jewellers Private Limited | ₹16.55 Cr (FY 2018) | 1.0% | Patiala, Punjab, India |
To see the full peer comparison of Minakshi Wheels Private Limited, buy the company report.
Auditor
Minakshi Wheels Private Limited is audited by K S BAPNA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S BAPNA & CO | FY 2020 | 101012W |
Shareholding
The shareholding of Minakshi Wheels Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Minakshi Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2022 | 100608823 | State Bank of India | ₹4.6 Cr | Open | |
| 06 Nov 2017 | 100137180 | State Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Minakshi Wheels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Minakshi 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 Minakshi Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Minakshi Wheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM6302N1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minakshi Wheels Private Limited, buy the company report.
Recent activity
Minakshi Wheels Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Fatehlal Inder Jain was appointed as Director on 12 Apr 2006.
Frequently asked questions
Minakshi Wheels is an active private limited company based in Thane, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 12 April 2006 (20+ years old) and is registered under CIN U50100MH2006PTC161090.
Minakshi Wheels has 2 current directors:
- Fatehlal Inder Jain - Director
- Rekha Fatehlal Jain - Director
The latest financial statements of Minakshi Wheels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Minakshi Wheels is 27AAECM6302N1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Minakshi Wheels is U50100MH2006PTC161090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minakshi Wheels was incorporated on 12 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Minakshi Wheels by revenue are Anil Motors Private Limited, Quality Automobiles Private Limited, HLB Motors Private Limited, Geeta Autowheels Private Limited, Sita Commercials Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers, Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Fatehlal Inder Jain was appointed as Director on 12 Apr 2006. Rekha Fatehlal Jain was appointed as Director on 12 Apr 2006.
Yes, Minakshi Wheels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0221444).
The registered office of Minakshi Wheels is at Shop No. 001 Plot No. 187, Sector 12 Vashi Navi Mumbai, Thane, Maharashtra, India – 400703.
Minakshi Wheels operates in the consumer goods industry, in the watches and jewelry manufacturing segment.

