About Three Wheels Capital Private Limited
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Three Wheels Capital Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Three Wheels United Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2017FTC102646. Its GSTIN is 29AAGCT2358H1Z2 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4 Cr. It is led by directors Tandong Cedrick Neba and Pullak Gupta.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #24/4 2nd Floor Alfalah Arcard Haudin Road Halasoor Road Cross, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.91 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹3.07 Cr (net margin -51.9%) and EBITDA of -₹1.96 Cr (EBITDA margin -33.2%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 129% over five years.
The company is associated with 1 brand: Three Wheels United. As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website threewheelsunited.com.
Company details
CIN history
Three Wheels Capital has one previous CIN (Corporate Identification Number): U65999KA2017FTC102646. The current CIN is U72100KA2017FTC102646, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100KA2017FTC102646 | Current |
| U65999KA2017FTC102646 | Previous |
Contact details
Three Wheels Capital Private Limited's registered office is in Bangalore, Karnataka. Its website is threewheelsunited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#24/4 2nd Floor Alfalah Arcard Haudin Road Halasoor Road Cross, Bangalore, Karnataka, India – 560042
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Three Wheels Capital 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
Brands
Three Wheels Capital operates one associated brand: Three Wheels United. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric vehicle financing is offered to low-income clients. | threewheelsunited.com |
Business activity
The main business activity of Three Wheels Capital is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Three Wheels Capital Private Limited, buy the company report.
Financials of Three Wheels Capital Private Limited
FY 2024 filings availableThree Wheels Capital Private Limited reported revenue of ₹5.91 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 129% over five years, including 19% growth in the latest year. EBITDA rose 29% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹5.91 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹1.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.07 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.2% | ||||
| Net Profit Margin | -51.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Three Wheels Capital Private Limited, buy the company report.
Board of directors of Three Wheels Capital Private Limited
Three Wheels Capital has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tandong Cedrick Neba | Director | 27 Apr 2017 | 9 Years 6 Months | Current |
| Pullak Gupta Also directs: DC Multi Modal Park (Nagpur) Private Limited, DC Multi Modal Park (Jalna) Private Limited, Vishul Global Private Limited and 1 more | Director | 14 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Three Wheels Capital Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alcalab Private Limited | ₹5.92 Cr (FY 2025) | 24.0% | Seraikela, Jharkhand, India | |||
| Randall-Wind Engineering India Private Limited | ₹5.92 Cr (FY 2025) | 22.0% | Bengaluru, Karnataka, India | |||
| I-Tech Mission Private Limited | ₹5.91 Cr (FY 2025) | -47.0% | New Delhi, Delhi, India | |||
| C-Ihub Accelerator India Private Limited | ₹5.91 Cr (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Wollemi Solutions Private Limited | ₹5.91 Cr (FY 2025) | 109.0% | Delhi, India | |||
| Three Wheels Capital Private Limitedthis company | ₹5.91 Cr (FY 2024) | -₹3.07 Cr | -51.9% | 19.0% | Bangalore, Karnataka, India | |
| Suseela Netralaya Private Limited | ₹5.91 Cr (FY 2023) | 25.0% | Kurnool, Andhra Pradesh, India | |||
| Kasv Logistic Private Limited | ₹5.91 Cr (FY 2024) | -12.0% | Bhopal, Madhya Pradesh, India | |||
| Sahyog Business Services Private Limited | ₹5.91 Cr (FY 2025) | -1.0% | Patna, Bihar, India |
To see the full peer comparison of Three Wheels Capital Private Limited, buy the company report.
Auditor
Three Wheels Capital Private Limited is audited by ATMS & CO. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATMS & CO. LLP | FY 2024 | W100164 |
Shareholding
The shareholding of Three Wheels Capital Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Three Wheels Capital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2023 | 100926698 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Three Wheels Capital 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 Three Wheels Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Three Wheels Capital has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT2358H1Z2 | Karnataka | Active | 14 Mar 2019 |
| 07AAGCT2358H1Z8 | Delhi | Active | 25 Aug 2022 |
To see the full GST registrations and return filing status of Three Wheels Capital Private Limited, buy the company report.
Recent activity
Three Wheels Capital Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Theodorus Petrus Kocken ceased to be Director on 19 Oct 2023.
News
Frequently asked questions
Three Wheels Capital is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 April 2017 (9+ years old) and is registered under CIN U72100KA2017FTC102646.
Three Wheels Capital has 2 current directors:
- Tandong Cedrick Neba - Director
- Pullak Gupta - Director
The latest financial statements of Three Wheels Capital on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Three Wheels Capital is 29AAGCT2358H1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAGCT2358H1Z8 (Delhi).
The CIN (Corporate Identification Number) of Three Wheels Capital is U72100KA2017FTC102646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Three Wheels Capital was incorporated on 27 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Three Wheels Capital by revenue are Alcalab Private Limited, Randall-Wind Engineering India Private Limited, I-Tech Mission Private Limited, C-Ihub Accelerator India Private Limited, Wollemi Solutions Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Theodorus Petrus Kocken ceased to be Director on 19 Oct 2023. Pullak Gupta ceased to be Additional Director on 27 Sep 2023. Pullak Gupta was appointed as Director on 14 Apr 2023. Three Wheels Capital has 7 board changes on record in total.
Three Wheels Capital can be reached through the website threewheelsunited.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Three Wheels Capital is at #244 2nd Floor Alfalah Arcard Haudin Road Halasoor Road Cross, Bangalore, Karnataka, India – 560042.
Three Wheels Capital operates in the information technology industry, in the application development and software solutions segment.
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