Samyak Wheels Private Limited
About Samyak Wheels Private Limited
Data last updated:
Samyak Wheels Private Limited was a private limited company based in Bhopal, Madhya Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 17 January 2014.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U50102MP2014PTC032182. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Ashish Jain and Shirish Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at C – 4 Padmanabh Nagar Raisen Road, Bhopal, Madhya Pradesh, India – 462023.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.5 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹5.22 Lakh (net margin -2.1%) and EBITDA of -₹12.81 Lakh (EBITDA margin -5.1%).
As per MCA filings, the company had satisfied charges of ₹30 Lakh on record.
Company details
Contact details
Samyak Wheels Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 4 Padmanabh Nagar Raisen Road, Bhopal, Madhya Pradesh, India – 462023
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Samyak 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 Samyak 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 Samyak Wheels Private Limited, buy the company report.
Financials of Samyak Wheels Private Limited
FY 2019 filings availableSamyak Wheels Private Limited reported revenue of ₹2.5 Cr (up 18% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.5 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹12.81 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.22 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -5.1% | |
| Net Profit Margin | -2.1% | |
| 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 Samyak Wheels Private Limited, buy the company report.
Board of directors of Samyak Wheels Private Limited
Samyak Wheels has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Jain | Director | 30 Sep 2015 | 11 Years 1 Months | As last reported |
| Shirish Jain | Director | 30 Sep 2015 | 11 Years 1 Months | As last reported |
Auditor
Samyak Wheels Private Limited is audited by H. N. Agrawal & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. N. Agrawal & Co. | FY 2016 |
Shareholding
The shareholding of Samyak 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 Samyak Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2014 | 10502256 | Uco Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Samyak Wheels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Samyak 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 Samyak Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Samyak Wheels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Samyak Wheels Private Limited, buy the company report.
Recent activity
Samyak Wheels Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Ashok Kumar Jain ceased to be Director on 07 May 2024.
3 earlier events are in the company report.
Frequently asked questions
Samyak Wheels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Samyak Wheels was a private limited company based in Bhopal, Madhya Pradesh, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 17 January 2014 and is registered under CIN U50102MP2014PTC032182. The company has been struck off by the Registrar of Companies and is no longer operational.
Samyak Wheels had 2 directors:
- Ashish Jain - Director
- Shirish Jain - Director
The CIN (Corporate Identification Number) of Samyak Wheels is U50102MP2014PTC032182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Samyak Wheels is at C – 4 Padmanabh Nagar Raisen Road, Bhopal, Madhya Pradesh, India – 462023.
Samyak Wheels was incorporated on 17 January 2014. It is registered with the Registrar of Companies, Gwalior.
The latest financial statements of Samyak Wheels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Samyak Wheels has 1 GST registration on record and it is cancelled or inactive.
Samyak Wheels operated in the automotive industry, in the auto dealership and trading segment. It worked in this industry before it was struck off.
Ashok Kumar Jain ceased to be Director on 07 May 2024. Rashmi Kumari Jain ceased to be Director on 07 May 2024. Ashish Jain ceased to be Additional Director on 30 Sep 2016. Samyak Wheels has 10 board changes on record in total.
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