Amar Wheels Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
as on 23-10-2024
- Paid Up Capital ₹ 6.00 M
as on 23-10-2024
- Company Age 36 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.15 Cr
as on 23-10-2024
- Satisfied Charges ₹ 7.45 Cr
as on 23-10-2024
- Revenue -45.03%
(FY 2023)
- Profit -48.53%
(FY 2023)
- Ebitda -52.23%
(FY 2023)
- Net Worth 11.24%
(FY 2023)
- Total Assets -17.62%
(FY 2023)
About Amar Wheels
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 6.00 M.
The company currently has active open charges totaling ₹11.15 Cr. The company has closed loans amounting to ₹7.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Aggarwal, Karan Aggarwal, and Sahil Aggarwal serve as directors at the Company.
- CIN/LLPIN
U35921PB1988PTC008684
- Company No.
008684
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Sep 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Amar Wheels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Aggarwal  | Managing Director | 01-Apr-2021 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sahil Aggarwal | Whole-Time Director | 29-Sep-2012 | Current |
| Karan Aggarwal | Whole-Time Director | 10-Dec-2007 | Current |
Financial Performance of Amar Wheels.
Amar Wheels Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.03% decrease. The company also saw a substantial fall in profitability, with a 48.53% decrease in profit. The company's net worth Soared by an impressive increase of 11.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Amar Wheels?
In 2023, Amar Wheels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 09 Mar 2016 | ₹11.00 Cr | Open |
Indian Bank Creation Date: 03 Oct 1994 | ₹1.50 M | Open |
Small Industries Develpoment Bank Of India Creation Date: 06 Oct 2008 | ₹6.00 M | Satisfied |
How Many Employees Work at Amar Wheels?
Amar Wheels has a workforce of 121 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Amar Wheels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Amar Wheels's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
