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Saina Wheels Private Limited
Saina Wheels Private Limited - automotive in Sangli, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹1.07 Lakh
▼ 11.71% YoY
EBITDA · FY 2022
₹54,388
EBITDA margin 50.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹50.31 Lakh
No open charges
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Saina Wheels Private Limited
Data last updated:
Saina Wheels Private Limited is a private limited company based in Sangli, Maharashtra, India, recognised as a startup by DPIIT. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 28 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U50402PN2017PTC172239. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashwini Sanjay Lavate and Sanjay Babanrao Lavate.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Cs No 381 Dattanagar VI Bag, Sangli, Maharashtra, India – 416416.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.07 Lakh. For the same year it recorded EBITDA of ₹54,388 (EBITDA margin 50.7%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years.
As per MCA filings, the company has satisfied charges of ₹50.31 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Saina Wheels Private Limited
CIN U50402PN2017PTC172239
Registration Number 172239
Incorporation Date 28 August 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Saina Wheels
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressCs No 381 Dattanagar VI Bag, Sangli, Maharashtra, India – 416416
- IndustryAutomotive, Auto Dealership & Trading
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Business Activity of Saina Wheels Private Limited
The main business activity of Saina Wheels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Saina Wheels Private Limited FY 2022 filings available
Saina Wheels Private Limited reported revenue of ₹1.07 Lakh for FY 2022.
Revenue · FY 2022
₹1.07 Lakh
EBITDA · FY 2022
₹54,388 margin 50.7%
Compounded Annual Growth Rate (CAGR) of Saina Wheels Private Limited
Revenue CAGR growth
3 years · compounded
▼ 83%
EBITDA CAGR growth
1 year
▲ 219%
3 years · compounded
▼ 59%
Revenue has declined at a compounded annual rate (CAGR) of 83% over three years. EBITDA rose 219% 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 of Saina Wheels Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹54,388 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Saina Wheels Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saina Wheels are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Saina Wheels Private Limited
Saina Wheels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwini Sanjay Lavate Also directs: Saina Clinic and Health Center LLP | Director | 28 Aug 2017 | 9 Years 1 Months | Current |
| Sanjay Babanrao Lavate Also directs: Saina Clinic and Health Center LLP | Director | 28 Aug 2017 | 9 Years 1 Months | Current |
Peer Comparison of Saina Wheels Private Limited
Saina Wheels Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wayanad Vehicles Private Limited | ₹1.11 Lakh (FY 2023) | •••• | •••• | -96.0% | •••• | Kannur, Kerala, India |
| Nandi Oil Private Limited | ₹1.1 Lakh (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Mor and Sons Automobiles Private Limited | ₹1.09 Lakh (FY 2025) | •••• | •••• | •••• | Gohana, Haryana, India | |
| Flawless Motors Private Limited | ₹1.08 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Thiruvarangam Agencies Private Limited | ₹1.08 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Oddanchatram, Tamil Nadu, India |
| Saina Wheels Private Limited this company | ₹1.07 Lakh (FY 2022) | •••• | •••• | •••• | Sangli, Maharashtra, India | |
| Silversand Distributors Limited | ₹1.07 Lakh (FY 2020) | •••• | •••• | -67.0% | •••• | Kolkata, West Bengal, India |
| Styky Private Limited | ₹1.06 Lakh (FY 2025) | •••• | •••• | 175.0% | •••• | Gurgaon, Haryana, India |
| Ras Auto Private Limited | ₹1.05 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | New Delhi, Delhi, India |
| Kcar Autotech Private Limited | ₹1.05 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Vadodara, Gujarat, India |
| Huavtech Private Limited | ₹1.04 Lakh (FY 2023) | •••• | •••• | -94.0% | •••• | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below Saina Wheels by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saina Wheels Private Limited
Auditor information for Saina Wheels Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Saina Wheels Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Saina Wheels Private Limited
Open charges
None
Satisfied charges
₹50.31 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2018 | Others | ₹50.31 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Saina Wheels Private Limited
Employment history and EPFO contributions of people linked to Saina Wheels.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Saina Wheels Private Limited
Saina Wheels Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Babanrao Bira Lavate ceased to be Director on 17 Feb 2020.
Charges
A charge registered on 19 May 2018 via Charge ID 100205665 with Others was fully satisfied on 31 Mar 2023.
AGM
Saina Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Saina Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Charges
A charge with Others of Rs. 50.31 Lakh registered on 19 May 2018 with Charge ID 100205665 was modified on 24 Sep 2020.
Ceased
Babanrao Bira Lavate ceased to be Director.
Charges
A charge with Others amounted to Rs. 50.31 Lakh with Charge ID 100205665 was registered on 19 May 2018.
Appointed
Ashwini Sanjay Lavate was appointed as Director.
Appointed
Sanjay Babanrao Lavate was appointed as Director.
Incorporation
28 Aug 2017
Saina Wheels Private Limited was registered on 28 Aug 2017 with Roc Pune & aged 9 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Saina Wheels Private Limited
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MSME Payment Delays by Saina Wheels Private Limited
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Subsidiaries & Group Companies of Saina Wheels Private Limited
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GST Compliance of Saina Wheels Private Limited
Saina Wheels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Saina Wheels Private Limited
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Frequently Asked Questions about Saina Wheels Private Limited
Saina Wheels is an active private limited company based in Sangli, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 28 August 2017 (9+ years old) and is registered under CIN U50402PN2017PTC172239.
Saina Wheels reported revenue of ₹1.07 Lakh for FY 2022.
Saina Wheels has 2 current directors:
- Ashwini Sanjay Lavate - Director
- Sanjay Babanrao Lavate - Director
Saina Wheels reported EBITDA of ₹54,388 (EBITDA margin 50.7%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saina Wheels is -83% over three years. CAGR is the steady yearly rate that links the first and the last year.
No. Saina Wheels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Saina Wheels is U50402PN2017PTC172239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saina Wheels was incorporated on 28 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Saina Wheels by revenue are Wayanad Vehicles Private Limited, Nandi Oil Private Limited, Mor and Sons Automobiles Private Limited, Flawless Motors Private Limited, Thiruvarangam Agencies Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Babanrao Bira Lavate ceased to be Director on 17 Feb 2020. Ashwini Sanjay Lavate was appointed as Director on 28 Aug 2017. Sanjay Babanrao Lavate was appointed as Director on 28 Aug 2017.
Yes, Saina Wheels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).