About Somya Wheels Private Limited
Data last updated:
Somya Wheels Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 03 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50401MP2020PTC051673. Its GSTIN is 23ABDCS8773P1ZK (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Shweta Agrawal and Madhu Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8 – 13 Babji Nagar A.B. Road Somya Vehicle, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.43 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹15.96 Lakh (net margin 1.1%) and EBITDA of ₹29.73 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
As per MCA filings, the company has open charges of ₹33.7 Cr on record.
For more details, the company can be reached via its website somyagroup.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address8 – 13 Babji Nagar A.B. Road Somya Vehicle, Indore, Madhya Pradesh, India – 452010
- 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
- One PDF report, delivered after checkout
Business Activity of Somya Wheels Private Limited
The main business activity of Somya Wheels is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Somya Wheels Private Limited
Somya Wheels Private Limited is audited by RAKESH RAMAN & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH RAMAN & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Somya Wheels Private Limited
Somya Wheels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Agrawal Also directs: Somya Vehicle Solutions Private Limited, Somya Vehicles Private Limited, Somya Cars Private Limited and 4 more | Director | 03 Jul 2020 | 6 Years 3 Months | Current |
| Madhu Agrawal | Additional Director | 23 Oct 2025 | 0 Years 11 Months | Current |
Financials of Somya Wheels Private Limited FY 2024 filings available
Somya Wheels Private Limited reported revenue of ₹14.43 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Somya Wheels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 30% growth in the latest year. EBITDA rose 100% 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 Somya Wheels Private Limited
| Metrics | 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 | ₹29.73 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.96 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 of Somya Wheels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Somya Wheels are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Somya Wheels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Somya Wheels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2025 | Others | ₹2.1 Cr | Open |
| 25 Nov 2024 | Others | ₹20 Cr | Open |
| 05 Nov 2024 | Others | ₹10 Cr | Open |
| 03 Oct 2023 | Others | ₹1.6 Cr | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Somya Wheels Private Limited
Somya Wheels Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Somya Wheels Private Limited
Somya Wheels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23ABDCS8773P1ZK | Madhya Pradesh | Active | 18 Mar 2021 |
| 24ABDCS8773P1ZI | Gujarat | Active | 27 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Somya Wheels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Somya Wheels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Somya Wheels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Somya Wheels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Somya Wheels Private Limited
Frequently Asked Questions about Somya Wheels Private Limited
Somya Wheels is an active private limited company based in Indore, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 03 July 2020 (6+ years old) and is registered under CIN U50401MP2020PTC051673.
Somya Wheels reported revenue of ₹14.43 Cr for FY 2024 (up 30% YoY).
Somya Wheels has 2 current directors:
- Shweta Agrawal - Director
- Madhu Agrawal - Additional Director
Somya Wheels reported a net profit of ₹15.96 Lakh (net margin 1.1%) and EBITDA of ₹29.73 Lakh (EBITDA margin 2.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Somya Wheels is 58% over three years. In the latest year (FY 2024) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Somya Wheels is 23ABDCS8773P1ZK, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24ABDCS8773P1ZI (Gujarat).
The CIN (Corporate Identification Number) of Somya Wheels is U50401MP2020PTC051673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somya Wheels was incorporated on 03 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
Somya Wheels can be reached through the website somyagroup.org. Its registered office is in Indore, Madhya Pradesh, India.