Amar Wheels Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
- Paid Up Capital ₹ 6.00 M
- Company Age 36 Year, 7 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 seven 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
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35921PB1988PTC008684
- Company No.
008684
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Sep 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
Amar Wheels Pvt Ltd
Explore comprehensive data for Amar Wheels Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹111.50 M
Satisfied Charges
₹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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Latest Updates, News, and FAQs on Amar Wheels
Recent activity within the organization
- Annual General Meeting
Amar Wheels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Amar Wheels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Axis Bank Limited of Rs. 110.00 M registered on 09 Mar 2016 with Charge ID 100029784 was modified on 20 Apr 2021.
- Director Appointment
Karan Aggarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2021 & has been associated with this company since 4 years 1 month .
- Director Appointment
Sanjay Aggarwal was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2021 & has been associated with this company since 4 years 1 month .
- Director Appointment
Sahil Aggarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Dec 2020 & has been associated with this company since 4 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Amar Wheels Pvt Ltd?
Amar Wheels Pvt Ltd was incorporated on 15 Sep 1988.
What is authorized share capital and paid-up capital of Amar Wheels Pvt Ltd?
The authorized share capital of Amar Wheels Pvt Ltd is ₹ 8.00 M and paid-up capital is ₹ 6.00 M.
Who are the current board members & directors of Amar Wheels Pvt Ltd?
Currently 3 directors are associated with Amar Wheels Pvt Ltd.
- Sahil Aggarwal
- Karan Aggarwal
- Sanjay Aggarwal
What is the registered address of Amar Wheels Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Amar Wheels Pvt Ltd is C 194 Phase Viifocal Point Ludhiana India, Punjab, 141010.
What is the corporate identification number (CIN) and company number of Amar Wheels Pvt Ltd?
The corporate identification number (CIN) of Amar Wheels Pvt Ltd is U35921PB1988PTC008684 and the company number is 008684 as per Ministry of Corporate Affairs (MCA).
What is the official website of Amar Wheels Pvt Ltd?
The Official website of Amar Wheels Pvt Ltd is https://www.amarindia.com
What has been the recent revenue trend for Amar Wheels Pvt Ltd?
According to the financial reports for the fiscal year 2024, the revenue trend for Amar Wheels Pvt Ltd has fallen by -19.87%.
How many employees does Amar Wheels Pvt Ltd currently have?
As Per 2024 financial reports, 137 employees are currently employed by Amar Wheels Pvt Ltd.
What change has been observed in the net worth of Amar Wheels Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Amar Wheels Pvt Ltd has experienced an upsurge of 13.36%.
What are the total open charges for Amar Wheels Pvt Ltd?
As per the financial statements for fiscal Year 2024, The total open charges for Amar Wheels Pvt Ltd amount to ₹ 11.15 Cr.
When was the last Balance Sheet of Amar Wheels Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Amar Wheels Pvt Ltd was filed with the ROC on 31 Mar 2024.
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