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ActiveMumbai, MaharashtraSince 2024

Magic of Wheels Private Limited

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Set up in 2024 in Mumbai. It has pledged its assets against loans of up to ₹78 crore from 22 lenders.

CINU49230MH2024PTC429394
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2 years at a glance

Loans against its assets, and when today's people joined

20252026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyManappuram Finance Limited, up to ₹24 lakh, 30 Sept 2024 to still openManappuram Finance Limited, up to ₹24 lakh, 30 Sept 2024 to still openKogta Financial (India) LTD, up to ₹21.52 lakh, 4 Oct 2024 to still openKogta Financial (India) LTD, up to ₹21.52 lakh, 4 Oct 2024 to still openKogta Financial (India) LTD, up to ₹21.52 lakh, 4 Oct 2024 to still openKogta Financial (India) LTD, up to ₹21.52 lakh, 4 Oct 2024 to still openKogta Financial (India) LTD, up to ₹21.52 lakh, 4 Oct 2024 to still openTata Motors Finance Limited, up to ₹2.88 crore, 8 Oct 2024 to still openIndusind Bank Ltd., up to ₹22 lakh, 15 Oct 2024 to still openShriram Finance Limited, up to ₹2.99 crore, 18 Oct 2024 to still openICICI Bank Limited, up to ₹3.25 crore, 24 Oct 2024 to still openState Bank of India, up to ₹50 lakh, 27 Nov 2024 to still openHDFC Bank Limited, up to ₹10 lakh, 29 Nov 2024 to still openCholamandalam Investment and Finance Company Limited, up to ₹50.17 lakh, 5 Dec 2024 to still openBank of Baroda, up to ₹15.08 crore, 12 Mar 2025 to still openIndusind Bank Ltd., up to ₹1.5 crore, 24 Mar 2025 to still openState Bank of India, up to ₹4.8 crore, 24 Mar 2025 to still openState Bank of India, up to ₹2.5 crore, 24 Mar 2025 to still openHDFC Bank Limited, up to ₹7.9 lakh, 23 Apr 2025 to still openHinduja Leyland Finance Limited, up to ₹72.01 lakh, 3 May 2025 to still openTata Capital Limited, up to ₹2.5 crore, 26 Jul 2025 to still openSMFG India Credit Company Limited, up to ₹2.39 crore, 30 Jul 2025 to still openShriram Finance Limited, up to ₹2.67 crore, 31 Jul 2025 to still openShriram Finance Limited, up to ₹3.28 crore, 31 Jul 2025 to still openHDB Financial Services Limited, up to ₹64.9 lakh, 4 Aug 2025 to still openMahindra and Mahindra Financial Services Limited, up to ₹30 lakh, 6 Aug 2025 to 4 May 2026Sundaram Finance Limited, up to ₹15.87 lakh, 29 Sept 2025 to 28 May 2026Sundaram Finance Limited, up to ₹1.73 crore, 29 Sept 2025 to still openHinduja Leyland Finance Limited, up to ₹6.02 crore, 16 Oct 2025 to still openIndostar Capital Finance Limited, up to ₹1.12 crore, 31 Oct 2025 to still openEquitas Small Finance Bank Limited, up to ₹2.37 crore, 3 Nov 2025 to still openIndusind Bank LTD, up to ₹1.42 crore, 26 Nov 2025 to still openArka Fincap Limited, up to ₹32.5 lakh, 26 Mar 2026 to still openArka Fincap Limited, up to ₹32.5 lakh, 26 Mar 2026 to still openArka Fincap Limited, up to ₹32.5 lakh, 26 Mar 2026 to still openArka Fincap Limited, up to ₹32.5 lakh, 26 Mar 2026 to still openArka Fincap Limited, up to ₹32.5 lakh, 26 Mar 2026 to still openArka Fincap Limited, up to ₹32.5 lakh, 26 Mar 2026 to still openArka Fincap Limited, up to ₹32.5 lakh, 26 Mar 2026 to still openKogta Financial (India) LTD, up to ₹91.54 lakh, 14 Apr 2026 to still openICICI Bank Limited, up to ₹4 crore, 30 May 2026 to still openTata Capital Limited, up to ₹1.74 crore, 31 May 2026 to still openKogta Financial (India) LTD, up to ₹96.5 lakh, 8 Jun 2026 to still openState Bank of India, up to ₹34 lakh, 12 Jun 2026 to still openThe Federal Bank LTD, up to ₹1.14 crore, 16 Jun 2026 to still openBajaj Finance Limited, up to ₹2.26 crore, 20 Jun 2026 to still openCholamandalam Investment and Finance Company Limited, up to ₹1.64 crore, 25 Jun 2026 to still openMahindra and Mahindra Financial Services Limited, up to ₹1.9 crore, 1 Aug 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2024Registered as a company on 24 Jul 2024.
  • 2025Its biggest loan against assets, ₹15.08 crore with Bank of Baroda, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹78 crorein loans backed by its assets, from 22 lenders

  • Bank of Baroda₹15.08 crore

    Open, taken out 12 Mar 2025

  • Shriram Finance Limited₹8.94 crore

    3 open loans, taken out 2024 to 2025

  • State Bank of India₹8.14 crore

    4 open loans, taken out 2024 to 2026

  • ICICI Bank Limited₹7.25 crore

    2 open loans, taken out 2024 to 2026

  • Hinduja Leyland Finance Limited₹6.74 crore

    2 open loans, taken out in 2025

  • Tata Capital Limited₹4.23 crore

    2 open loans, taken out 2025 to 2026

  • Kogta Financial (India) LTD₹2.96 crore

    7 open loans, taken out 2024 to 2026

  • Tata Motors Finance Limited₹2.88 crore

    Open, taken out 8 Oct 2024

  • SMFG India Credit Company Limited₹2.39 crore

    Open, taken out 30 Jul 2025

  • Equitas Small Finance Bank Limited₹2.37 crore

    Open, taken out 3 Nov 2025

  • Arka Fincap Limited₹2.28 crore

    7 open loans, taken out 26 Mar 2026

  • Bajaj Finance Limited₹2.26 crore

    Open, taken out 20 Jun 2026

  • Cholamandalam Investment and Finance Company Limited₹2.14 crore

    2 open loans, taken out 2024 to 2026

  • Mahindra and Mahindra Financial Services Limited₹1.9 crore

    Open, taken out 1 Aug 2026

  • Sundaram Finance Limited₹1.73 crore

    Open, taken out 29 Sept 2025

  • Indusind Bank Ltd.₹1.72 crore

    2 open loans, taken out 2024 to 2025

  • Indusind Bank LTD₹1.42 crore

    Open, taken out 26 Nov 2025

  • The Federal Bank LTD₹1.14 crore

    Open, taken out 16 Jun 2026

  • Indostar Capital Finance Limited₹1.12 crore

    Open, taken out 31 Oct 2025

  • HDB Financial Services Limited₹64.9 lakh

    Open, taken out 4 Aug 2025

  • Manappuram Finance Limited₹48 lakh

    2 open loans, taken out 30 Sept 2024

  • HDFC Bank Limited₹17.9 lakh

    2 open loans, taken out 2024 to 2025

2 earlier loans, now paid off
  • Sundaram Finance Limited29 Sept 2025 to 28 May 2026₹15.87 lakh
  • Mahindra and Mahindra Financial Services Limited6 Aug 2025 to 4 May 2026₹30 lakh

What its filings add

Magic of Wheels files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.