
About Shaman Wheels Private Limited
Data last updated:
Shaman Wheels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 26 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50102MH2009PTC193598. Its GSTIN is 27AANCS3404N1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Amar Jatin Sheth and Rishabh Jatin Sheth.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 501 Janmabhoomi Chambers 29 W H Marg Ballard Estate Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.49 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹2.87 Cr (net margin -38.4%) and EBITDA of -₹61.07 Lakh (EBITDA margin -8.2%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 53% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹337.45 Cr and satisfied charges of ₹39.25 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in November 2009. Its 6 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 3 smaller; the largest is Darshangowtham Technologies Private Limited with revenue of ₹7.52 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teamshaman.com.
Company details
Contact details
Shaman Wheels Private Limited's registered office is in Mumbai, Maharashtra. Its website is teamshaman.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 Janmabhoomi Chambers 29 W H Marg Ballard Estate Fort, Mumbai, Maharashtra, India – 400001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Shaman 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 Shaman 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 Shaman Wheels Private Limited, buy the company report.
Financials of Shaman Wheels Private Limited
FY 2025 filings availableShaman Wheels Private Limited reported revenue of ₹7.49 Cr (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 33% fall in the latest year. EBITDA fell 422% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹61.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.87 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.2% | ||||
| Net Profit Margin | -38.4% | ||||
| 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 Shaman Wheels Private Limited, buy the company report.
Board of directors of Shaman Wheels Private Limited
Shaman Wheels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Jatin Sheth Also directs: Torque Lifestyle LLP, Amrish Developers LLP, India Timber Trading Company Private Limited and 5 more | Director | 26 Jun 2009 | 17 Years 3 Months | Current |
| Rishabh Jatin Sheth Also directs: Torque Lifestyle LLP, Amrish Developers LLP, India Timber Trading Company Private Limited and 5 more | Director | 26 Jun 2009 | 17 Years 3 Months | Current |
Peer comparison
Shaman Wheels Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Darshangowtham Technologies Private Limited | ₹7.52 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Sri Varsa Auto Agencies Private Limited | ₹7.51 Cr (FY 2024) | -14.0% | Coimbatore, Tamil Nadu, India | |||
| Sri Mahalakshmi Automobiles and Agencies Private Limited | ₹7.49 Cr (FY 2025) | -1.0% | Palacode, Tamil Nadu, India | |||
| Shaman Wheels Private Limitedthis company | ₹7.49 Cr (FY 2025) | -₹2.87 Cr | -38.4% | -33.0% | 1 | Mumbai, Maharashtra, India |
| Mattathil Motors Private Limited | ₹7.48 Cr (FY 2024) | 13.0% | Kozhikode, Kerala, India | |||
| Chinsurah R S Auto (P) Ltd | ₹7.48 Cr (FY 2024) | 12.0% | Hooghly, West Bengal, India | |||
| Dhingra Buildcon Private Limited | ₹7.46 Cr (FY 2025) | 34.0% | Alwar, Rajasthan, India |
To see the full peer comparison of Shaman Wheels Private Limited, buy the company report.
Auditor
Shaman Wheels Private Limited is audited by SNEHA DHIRAJ & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNEHA DHIRAJ & CO. | FY 2023 | 145341W |
Shareholding
The shareholding of Shaman Wheels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shaman Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2023 | 100763023 | Others | ₹51 Lakh | Open | |
| 14 Sep 2022 | 100646784 | Others | ₹1.01 Cr | Open | |
| 17 Jun 2022 | 100589946 | Others | ₹1.72 Cr | Open | |
| 14 Dec 2020 | 100422033 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 14 Dec 2020 | 100422036 | Hdfc Bank Limited | ₹30 Lakh | Open |
To see the full charge records of Shaman Wheels Private Limited, buy the company report.
Total charge records: 56 View all charges
Deals & funding
Shaman Wheels Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in November 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2009 | Funding round | ₹99 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shaman Wheels Private Limited has 7 court cases on record: 1 filed by Shaman Wheels, 6 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (S) | Filed against the company by Abchlor Investments Pvt. Ltd. and 1 other | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Shaman 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 Shaman Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shaman Wheels Private Limited has a workforce of 1 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Shaman Wheels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCS3404N1ZY | Maharashtra | Active | 01 Jul 2017 |
| 29AANCS3404N1ZU | Karnataka | Active | 21 Dec 2023 |
To see the full GST registrations and return filing status of Shaman Wheels Private Limited, buy the company report.
Recent activity
Shaman Wheels Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Jatin Manubhai Sheth ceased to be Director on 28 Aug 2022.
62 earlier events are in the company report.
Frequently asked questions
Shaman Wheels is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 26 June 2009 (17+ years old) and is registered under CIN U50102MH2009PTC193598.
Shaman Wheels has 2 current directors:
- Amar Jatin Sheth - Director
- Rishabh Jatin Sheth - Director
The latest financial statements of Shaman Wheels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shaman Wheels is 27AANCS3404N1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AANCS3404N1ZU (Karnataka).
The CIN (Corporate Identification Number) of Shaman Wheels is U50102MH2009PTC193598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaman Wheels has 7 court cases on record: 1 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Shaman Wheels was incorporated on 26 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Shaman Wheels has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in November 2009.
The peers of Shaman Wheels by revenue are Darshangowtham Technologies Private Limited, Sri Varsa Auto Agencies Private Limited, Sri Mahalakshmi Automobiles and Agencies Private Limited, Mattathil Motors Private Limited, Chinsurah R S Auto (P) Ltd and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Jatin Manubhai Sheth ceased to be Director on 28 Aug 2022. Purna Jatin Sheth ceased to be Director on 01 Mar 2021. Amar Jatin Sheth was appointed as Director on 26 Jun 2009. Shaman Wheels has 4 board changes on record in total.
Shaman Wheels can be reached through the website teamshaman.com. Its registered office is in Mumbai, Maharashtra, India.