Amar Wheels Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
- Paid Up Capital ₹ 6.00 M
- Company Age 36 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.15 Cr
- Satisfied Charges ₹ 7.45 Cr
- Revenue Growth -19.87%
- Profit Growth 32.18%
- Ebitda -6.18%
- Net Worth 13.36%
- Total Assets 9.25%
About Amar Wheels
Amar Wheels Pvt Ltd (AWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 September 1988 and has a history of 36 years and four months. Its registered office is in Ludhiana, Punjab, India.
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 2024. 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.
Sahil Aggarwal, Karan Aggarwal, and Sanjay Aggarwal serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U35921PB1988PTC008684
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Company No.
008684
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Sep 1988
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
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 | 31-Dec-2020 | Current |
|
Karan Aggarwal
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Whole-Time Director | 01-Apr-2021 | Current |
Financial Performance of Amar Wheels.
Amar Wheels Pvt Ltd, for the financial year ended 2024, experienced significant reduction in revenue, with a 19.87% decrease. The company also saw a substantial improvement in profitability, with a 32.18% increase in profit. The company's net worth Soared by an impressive increase of 13.36%.
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What is the Ownership and Shareholding Structure of Amar Wheels?
Unlock access to Amar Wheels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Charges (Loans)
₹111.50 M
₹74.50 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 11.00 Cr
- Indian Bank : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2016 | Axis Bank Limited | ₹11.00 Cr | Open |
| 03 Oct 1994 | Indian Bank | ₹1.50 M | Open |
| 06 Oct 2008 | Small Industries Develpoment Bank Of India | ₹6.00 M | Satisfied |
| 13 May 1997 | State Bank Of India | ₹6.00 M | Satisfied |
| 13 Mar 1997 | State Bank Of India | ₹6.25 Cr | Satisfied |
How Many Employees Work at Amar Wheels?
Amar Wheels has a workforce of 137 employees as of Jan 07, 2025. 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
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Alerts
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