About My Wheels Private Limited
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My Wheels Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 15 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50100MP2015PTC034842. Its GSTIN is 23AAJCM9797Q1ZA (Madhya Pradesh).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Pankhuri Garg and Manju Garg.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 6 7 Malviya Nagar, Bhopal, Madhya Pradesh, India – 462001.
As per the financials filed for FY 2017, the company reported a revenue of ₹99.89 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹2.19 Cr (net margin -219.2%) and EBITDA of -₹54.7 Lakh (EBITDA margin -54.8%).
As per MCA filings, the company has open charges of ₹14.99 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 9 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website nexaexperience.com.
Company details
Contact details
My Wheels Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is nexaexperience.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address6 7 Malviya Nagar, Bhopal, Madhya Pradesh, India – 462001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of My 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 My 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 My Wheels Private Limited, buy the company report.
Financials of My Wheels Private Limited
FY 2017 filings availableMy Wheels Private Limited reported revenue of ₹99.89 Lakh (down 74% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹99.89 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹54.7 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.19 Cr | |
| 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -54.8% | |
| Net Profit Margin | -219.2% | |
| 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 My Wheels Private Limited, buy the company report.
Board of directors of My Wheels Private Limited
My Wheels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Garg Also directs: My Store Private Limited, My Fone Teleservices Private Limited, My Car (Bhopal) Private Limited and 3 more | Additional Director | 27 Apr 2019 | 7 Years 6 Months | Current |
| Pankhuri Garg Also directs: My Project Developers Private Limited | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Rishabh Garg Also directs: My Project Developers Private Limited | Additional Director | 29 Apr 2019 | 7 Years 5 Months | Current |
Peer comparison
My Wheels Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), 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 |
|---|---|---|---|---|---|---|
| Akvee Automotives Private Limited | ₹99.91 Lakh (FY 2020) | 35582.0% | Changanacherry, Kerala, India | |||
| My Wheels Private Limitedthis company | ₹99.89 Lakh (FY 2017) | -₹2.19 Cr | -219.2% | -74.0% | Bhopal, Madhya Pradesh, India | |
| Powerriders Private Limited | ₹99.34 Lakh (FY 2024) | 610.0% | Udhna Magdala Road, Gujarat, India | |||
| Sisco Automotive Private Limited | ₹98.97 Lakh (FY 2024) | -7.0% | Delhi, India |
To see the full peer comparison of My Wheels Private Limited, buy the company report.
Auditor
My Wheels Private Limited is audited by JOSHI VINOD & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI VINOD & CO | FY 2017 | 004438C |
Shareholding
The shareholding of My Wheels Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of My Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2015 | 10614938 | Others | ₹14.99 Cr | Open |
To see the full charge records of My Wheels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
My Wheels Private Limited has 10 court cases on record: 1 filed by My Wheels, 9 filed against it. 9 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 9 |
Cases on record (3 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gwalior, Madhya Pradesh | Court case (UN CR) | Filed against the company by Company Registrar | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (RCT) | Filed against the company by Company Registrar | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (RCS A) | Filed by the company against an individual | Disposed |
To see the full case history of My Wheels 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 My Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
My Wheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCM9797Q1ZA | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of My Wheels Private Limited, buy the company report.
Recent activity
My Wheels Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Rishabh Garg was appointed as Additional Director on 29 Apr 2019.
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Frequently asked questions
My Wheels is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 15 October 2015 (11+ years old) and is registered under CIN U50100MP2015PTC034842.
My Wheels has 3 current directors:
- Manju Garg - Additional Director
- Pankhuri Garg - Director
- Rishabh Garg - Additional Director
The latest financial statements of My Wheels on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from FY 2016 are in the company report.
The GSTIN of My Wheels is 23AAJCM9797Q1ZA, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of My Wheels is U50100MP2015PTC034842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
My Wheels has 10 court cases on record: 1 filed by the company and 9 filed against it. 9 are pending.
My Wheels was incorporated on 15 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of My Wheels by revenue are Akvee Automotives Private Limited, Powerriders Private Limited, Sisco Automotive Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Rishabh Garg was appointed as Additional Director on 29 Apr 2019. Manju Garg was appointed as Additional Director on 27 Apr 2019. Rishabh Garg ceased to be Director on 27 Apr 2019. My Wheels has 6 board changes on record in total.
My Wheels can be reached through the website nexaexperience.com. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of My Wheels is at 6 7 Malviya Nagar, Bhopal, Madhya Pradesh, India – 462001.