- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-17-0059501

Neelam Wheels Private Limited
About Neelam Wheels Private Limited
Data last updated:
Neelam Wheels Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 27 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50400MH2022PTC381528. Its GSTIN is 27AAICN2141A1ZZ (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Jainik Bhavesh Shah and Bhavesh Bhupatrai Shah.
Its last annual general meeting (AGM) was held on 29 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No 7 Ground Floor Rajprabha Ind. Landmark Sativali Road Vasai East, Palghar, Maharashtra, India – 401208.
As per the financials filed for FY 2023, the company reported a revenue of ₹77.89 Lakh. For the same year it recorded a net loss of ₹31.3 Lakh (net margin -40.2%) and EBITDA of -₹25.85 Lakh (EBITDA margin -33.2%).
As per MCA filings, the company has open charges of ₹1.15 Cr on record.
Neelam Wheels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0059501). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Neelam Wheels
Contact details
Neelam Wheels Private Limited's registered office is in Palghar, Maharashtra.
- Registered AddressShop No 7 Ground Floor Rajprabha Ind. Landmark Sativali Road Vasai East, Palghar, Maharashtra, India – 401208
- IndustryAutomotive, Auto Dealership & Trading
- 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 Neelam 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 Neelam Wheels Private Limited, buy the company report.
Financials of Neelam Wheels Private Limited
FY 2023 filings availableNeelam Wheels Private Limited reported revenue of ₹77.89 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 |
|---|---|
| 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 | -₹25.85 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹31.3 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 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | -33.2% |
| Net Profit Margin | -40.2% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
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| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Neelam Wheels Private Limited, buy the company report.
Board of directors of Neelam Wheels Private Limited
Neelam Wheels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jainik Bhavesh Shah | Director | 27 Apr 2022 | 4 Years 6 Months | Current |
| Bhavesh Bhupatrai Shah Also directs: Greenhill View Constrotech LLP | Director | 27 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Neelam 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 |
|---|---|---|---|---|---|---|
| Saibaba-Saboori Motocorp Private Limited | ₹78.03 Lakh (FY 2023) | -55.0% | Delhi, India | |||
| Regal Cars Private Limited | ₹78.02 Lakh (FY 2025) | -24.0% | Jaipur, Rajasthan, India | |||
| Neelam Wheels Private Limitedthis company | ₹77.89 Lakh (FY 2023) | -₹31.3 Lakh | -40.2% | Palghar, Maharashtra, India | ||
| Kakrala Vehicles Private Limited | ₹77.55 Lakh (FY 2022) | -5.0% | Patiala, Punjab, India |
To see the full peer comparison of Neelam Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2023 | 100723723 | Others | ₹30 Lakh | Open | |
| 30 Jul 2022 | 100602171 | State Bank of India | ₹85 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Neelam 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 Neelam Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neelam Wheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICN2141A1ZZ | Maharashtra | Active | 19 Jul 2022 |
To see the full GST registrations and return filing status of Neelam Wheels Private Limited, buy the company report.
Recent activity
Neelam Wheels Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Bhavesh Bhupatrai Shah was appointed as Director on 27 Apr 2022.
Frequently asked questions
Neelam Wheels is an active private limited company based in Palghar, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 27 April 2022 (4+ years old) and is registered under CIN U50400MH2022PTC381528.
Neelam Wheels has 2 current directors:
- Jainik Bhavesh Shah - Director
- Bhavesh Bhupatrai Shah - Director
The latest financial statements of Neelam Wheels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 November 2023. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Neelam Wheels is 27AAICN2141A1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neelam Wheels is U50400MH2022PTC381528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelam Wheels was incorporated on 27 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neelam Wheels by revenue are Saibaba-Saboori Motocorp Private Limited, Regal Cars Private Limited, Kakrala Vehicles Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Bhavesh Bhupatrai Shah was appointed as Director on 27 Apr 2022. Jainik Bhavesh Shah was appointed as Director on 27 Apr 2022.
Yes, Neelam Wheels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0059501).
The registered office of Neelam Wheels is at Shop No 7 Ground Floor Rajprabha Ind. Landmark Sativali Road Vasai East, Palghar, Maharashtra, India – 401208.
Neelam Wheels operates in the automotive industry, in the auto dealership and trading segment.

