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Popular Wheelers (India) Private Limited - Company Profile

It is a automotive private limited company based in Ahmedabad, Gujarat, India, established in 2002.

2002 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Popular Wheelers (India) Private Limited

Popular Wheelers (India) Private Limited, a active private limited company, was established on 07 January 2002 in Ahmedabad, Gujarat, India. Engaging in auto dealership & trading within the financial and insurance service sector, it holds CIN: U50300GJ2002PTC040347. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹3.20 Cr.

It upholds a compliant status. Employing 63 professional, Its leadership includes Devayu Patel Jashvantbhai (Director), Chandrikaben Jasubhai Patel (Director), Jasvantkumar Ramjibhai Patel (Director). Past directors included Aahuti Krunal Shah, Devayu Patel Jashvantbhai, Chandrikaben Jasubhai Patel. It holds ₹55.03 Cr open charges and ₹11.87 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sr No.366/B,Sp No.104/5/1,Tp No. Popular Work Shop B/H Radhekishan Business Park,Eshanpur,N, Arol,, Ahmedabad, Gujarat, 382443.

Company Details

  • CIN/LLPIN

    U50300GJ2002PTC040347

  • Registration Number

    040347

  • Incorporation Date

    07 January 2002

  • Authorized Capital

    ₹3.50 Cr

  • Paid-Up Capital

    ₹3.20 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.20 Cr
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 55.03 Cr
  • Satisfied Charges ₹ 11.87 Cr
  • Revenue Growth 15.81%
  • Profit Growth -26.88%
  • Ebitda 4.03%
  • Net Worth 9.20%
  • Total Assets 6.72%
Company report

Popular Wheelers (India) Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Popular Wheelers (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Popular Wheelers (India) Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Devayu Patel JashvantbhaiDirector23 Dec 2013Current
Chandrikaben Jasubhai PatelDirector07 Jan 2002Current
Jasvantkumar Ramjibhai PatelDirector07 Jan 2002Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector24 Jan 2020Past
Pramod AbcsddAdditional Director30 Sep 2014Past
Pramod AbcsddDirector07 Mar 2025Past
Pramod AbcsddDirector24 Jan 2020Past
Pramod AbcsddAdditional Director14 Jun 2014Past
Pramod AbcsddAdditional Director-Past

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Financial Performance of Popular Wheelers (India).

Popular Wheelers (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.81% increase. The company also saw a substantial fall in profitability, with a 26.88% decrease in profit. The company's net worth moved up by a moderate rise of 9.2%.

Popular Wheelers (India) revenue growth over time
Popular Wheelers (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.81%
Revenue from Operations
15.98%
Total Assets
6.72%
Profit or Loss
-26.88%
Net Worth
9.20%
EBITDA
4.03%

What is the Ownership and Shareholding Structure of Popular Wheelers (India)?

In 2023, Popular Wheelers (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹550,300,000.00

Satisfied Charges

₹118,700,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 55.03 Cr

Latest Charge Details

DateLenderAmountStatus
03 May 2011State Bank Of India₹55.03 CrOpen
26 Aug 2009The Central Bank Of India₹5.25 CrSatisfied
13 Aug 2002The Central Bank Of India₹6.62 CrSatisfied

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How Many Employees Work at Popular Wheelers (India)?

Popular Wheelers (India) has a workforce of 63 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Popular Wheelers (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Popular Wheelers (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Popular Wheelers (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Popular Wheelers (India)

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Popular Wheelers (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Popular Wheelers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    A charge with State Bank Of India of Rs. 55.03 Cr registered on 03 May 2011 with Charge ID 10292422 was modified on 11 Oct 2022. was recorded as a recent event.

  • Director Appointment

    The activity Devayu Patel Jashvantbhai was appointed as a Director was appointed as a Director on 23 Dec 2013 & has been associated with this company since 11 years 11 months . was completed.

  • Charges

    Progress on A charge registered on 26 Aug 2009 via Charge ID 10179841 with The Central Bank Of India was fully satisfied on 14 Jul 2011. was documented.

  • Charges

    A charge registered on 13 Aug 2002 via Charge ID 80012984 with The Central Bank Of India was fully satisfied on 14 Jul 2011. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Popular Wheelers (India) Private Limited?

    The CIN of Popular Wheelers (India) Private Limited is U50300GJ2002PTC040347.

  • Where is Popular Wheelers (India) Private Limited headquartered?

    Popular Wheelers (India) Private Limited is headquartered at Sr No.366/B,Sp No.104/5/1,Tp No. Popular Work Shop B/H Radhekishan Business Park,Eshanpur,N, Arol,, Ahmedabad, Gujarat, 382443.

  • When was Popular Wheelers (India) Private Limited incorporated?

    Popular Wheelers (India) Private Limited was incorporated on 07 January 2002.

  • Who are the current directors of Popular Wheelers (India) Private Limited?

    The current directors of Popular Wheelers (India) Private Limited are

  • What is the primary industry of Popular Wheelers (India) Private Limited?

    The primary industry of Popular Wheelers (India) Private Limited is Financial And Insurance Service.

  • Is Popular Wheelers (India) Private Limited a listed company?

    Popular Wheelers (India) Private Limited is unlisted.

  • What is the capital structure of Popular Wheelers (India) Private Limited?

    The authorized capital of Popular Wheelers (India) Private Limited is ₹3.50 Cr, and the paid-up capital is ₹3.20 Cr.

  • What is the compliance status of Popular Wheelers (India) Private Limited?

    The compliance status of Popular Wheelers (India) Private Limited is Compliant.

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