About Wheelsemi Private Limited
Data last updated: 06 January 2026
Wheelsemi Private Limited is a private limited company based in Pune, Maharashtra, India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 15 April 1997, the company has been in operation for over 29 years.
Registered with ROC Pune under CIN U65900PN1997PTC174673.
Capital: an authorised share capital of ₹55.82 Cr and a paid-up capital of ₹50.11 Cr. Formerly known as Varadnarayan Savings and Investment Company Private Limited. It is led by directors including Srinivas Kantheti and Karunakaran Vadakkepat.
Last AGM: 18 August 2025. Financial statements filed for year ended 31 March 2025. Office: Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹304.64 Cr, a growth of 19% compared to the previous year.
The company has a workforce of approximately 1,848 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Bike Bazaar, Wheelsemi. As per MCA filings, the company has open charges of ₹920.14 Cr and satisfied charges of ₹1,285.71 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 wheelsemi.com.
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Registered Address3A Sham Shankuntal Heights Modi Baug Ganeshkhind Road Behind Deccan Wheels Showroom Shi, Vajinagar, Pune, Maharashtra, India – 411016
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IndustryFinancial Services, NBFC, Investment & Credit NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Wheelsemi Private Limited
Wheelsemi Private Limited has one previous CIN (Corporate Identification Number): U65900MH1997PTC107290. The current CIN is U65900PN1997PTC174673, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65900PN1997PTC174673 | Current |
| U65900MH1997PTC107290 | Previous |
Associated Brands with Wheelsemi Private Limited
Wheelsemi Private Limited operates two associated brands: Bike Bazaar and WheelsEMI. These brands represent Wheelsemi Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online platform for buying and selling two-wheelers | bikebazaar.com | |
| Two-wheeler loans are provided to customers across India. | wheelsemi.com |
Competitors & Alternatives of Wheelsemi Private Limited
Brands and companies operating in the same space as Wheelsemi Private Limited include Hinduja Leyland Finance, CreditWise Capital, Bajaj Auto Finance and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Hinduja Leyland Finance
|
Vehicle and housing finance products are offered across India. | Chennai, India, India | 2008 |
CreditWise Capital
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Provider of loans and vehicle-related services via digital platforms | Mumbai, India, India | 2018 |
Bajaj Auto Finance
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Auto finance loans are provided for two-wheelers, three-wheelers, and cars. | Pune, India, India | 1987 |
OTO
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Two-wheeler loans are provided via a fintech platform for purchases. | Bengaluru, India, India | 2018 |
Mahaveer Finance India
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Automotive loans and asset finance services are offered to clients. | Chennai, India, India | 1981 |
Kogta Financial India
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MSME loans, vehicle financing, and property-secured loans are provided. | Jaipur, India, India | 1996 |
Arman Financial Services
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Auto loans are provided through financial services in India. | Ahmedabad, India, India | 1992 |
Mufin Green Finance
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Consumer and SME loans are provided in India. | Delhi, India, India | 2016 |
Kanakadurga Finance
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Vehicle loans and gold loans are provided by Kanakadurga Finance. | Vijayawada, India, India | 1994 |
Automony
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Loans for cars and trucks are provided via digital lending. | Mumbai, India, India | 2017 |
Business Activity of Wheelsemi Private Limited
Wheelsemi Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Wheelsemi Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Wheelsemi Private Limited
Wheelsemi Private Limited is audited by Varma and Varma Chartered Accountants for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Varma and Varma Chartered Accountants | Locked | Locked | Locked |
Complete auditor history for Wheelsemi Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wheelsemi Private Limited
Wheelsemi Private Limited is currently managed by 7 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Kantheti | Managing Director | 22 Feb 2017 | 9 Years 5 Months | Current |
| Karunakaran Vadakkepat | Whole-Time Director | 22 Feb 2017 | 9 Years 5 Months | Current |
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Milind Shripad Sarwate
Also directs:
Increate Value Advisors Llp, Increate Social Value Advisors & Resourcers Llp, Asian Paints Limited and 5 more
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Director | 19 May 2017 | 9 Years 3 Months | Current |
| Aditya Deepak Parekh | Nominee Director | 08 Feb 2019 | 7 Years 6 Months | Current |
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Dilip Moreshwar Apte
Also directs:
Regreen-Excel Epc India Limited
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Director | 31 Jul 2020 | 6 Years 0 Months | Current |
| Christina Stefanie Juhasz | Nominee Director | 17 Oct 2022 | 3 Years 10 Months | Current |
Financials of Wheelsemi Private Limited FY 2025 filings available
Wheelsemi Private Limited reported revenue of ₹304.64 Cr (up 19.00% YoY) for FY 2025.
Ten-year financial statements for Wheelsemi Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Wheelsemi Private Limited
Shareholding and ownership data for Wheelsemi Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Wheelsemi Private Limited
Wheelsemi Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Wheelsemi Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Blubird Auto Trade Private Limited | U50100PN2019PTC183807 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Wheelsemi Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2025 | Others | ₹10 Cr | Open |
| 21 Jul 2025 | Others | ₹10 Cr | Open |
| 30 Jun 2025 | Others | ₹25 Cr | Open |
| 24 Jun 2025 | Others | ₹15 Cr | Open |
| 23 Jun 2025 | Others | ₹85.65 Cr | Open |
Total charge records: 176 View all charges
Employees and EPFO Compliance at Wheelsemi Private Limited
Wheelsemi Private Limited has a workforce of 1,848 employees as of Sep 22, 2025.
Employee and EPFO history for Wheelsemi Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Wheelsemi Private Limited
GST registrations and filing compliance for Wheelsemi Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Wheelsemi Private Limited
Credit ratings, litigation, and regulatory alerts for Wheelsemi Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Wheelsemi Private Limited
MSME payment history for Wheelsemi Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Wheelsemi Private Limited
Corporate group structure for Wheelsemi Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Wheelsemi Private Limited
MCA filings and documents for Wheelsemi Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Wheelsemi Private Limited
Frequently Asked Questions about Wheelsemi Private Limited
Wheelsemi Private Limited is an active private limited company in the financial services sector based in Pune, Maharashtra, India. It was incorporated on 15 April 1997 (29+ years old) and is registered under CIN U65900PN1997PTC174673. The company has 1,848 employees.
Wheelsemi Private Limited reported revenue of ₹304.64 Cr for FY 2025 (up 19.00% YoY).
The current directors of Wheelsemi Private Limited are:
- Srinivas Kantheti - Managing Director
- Karunakaran Vadakkepat - Whole-Time Director
- Milind Shripad Sarwate - Director
- Aditya Deepak Parekh - Nominee Director
- Dilip Moreshwar Apte - Director
- Christina Stefanie Juhasz - Nominee Director
- Shikha Gupta - Nominee Director
The primary industry of Wheelsemi Private Limited is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Wheelsemi Private Limited can be reached at the registered office: 3A Sham Shankuntal Heights Modi Baug Ganeshkhind Road Behind Deccan Wheels Showroom Shi, Vajinagar, Pune, Maharashtra, India – 411016, or through the website wheelsemi.com.
The authorised capital is ₹55.82 Cr, and the paid-up capital is ₹50.11 Cr.