Fly Wheel Ring Gears Private Limited

Manufacturer of starter ring gears for various vehicles and exports globally.

1997 | Nashik, Maharashtra (India) | Active
Last Updated:

Fly Wheel Ring Gears Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 28 Year, 19 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.36 Cr
  • Satisfied Charges ₹ 10.88 Cr
  • Revenue Growth -11.35%
  • Profit Growth -22.79%
  • Ebitda -14.82%
  • Net Worth -4.85%
  • Total Assets 4.25%

About Fly Wheel Ring Gears

Fly Wheel Ring Gears Private Limited (FWRGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 1997 and has a history of 28 years. Its registered office is in Nashik, Maharashtra, 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹14.36 Cr. The company has closed loans amounting to ₹10.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sharad Gurule and Kunal Khairnar serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28113MH1997PTC105970

  • Company No.

    105970

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Fly Wheel Ring Gears Private Limited offer?

Fly Wheel Ring Gears Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears.

Who are the key members and board of directors at Fly Wheel Ring Gears?

Board Members (2)

NameDesignationAppointment DateStatus
Sharad Gurule Country flag representing In Director 16-Oct-2017Current
Kunal Khairnar Country flag representing In Director 16-Oct-2017Current

Financial Performance of Fly Wheel Ring Gears.

Fly Wheel Ring Gears Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.35% decrease. The company also saw a substantial fall in profitability, with a 22.79% decrease in profit. The company's net worth dipped by a decrease of 4.85%.

Fly Wheel Ring Gears revenue growth over time
Fly Wheel Ring Gears profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-11.35%
Revenue from Operations
-11.90%
Total Assets
4.25%
Profit or Loss
-22.79%
Net Worth
-4.85%
EBITDA
-14.82%

What is the Ownership and Shareholding Structure of Fly Wheel Ring Gears?

In 2021, Fly Wheel Ring Gears had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.36 Cr

Satisfied Charges

₹10.88 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 12.72 Cr
  • Maharashtra State Financial Corporation : 1.60 Cr
  • Mahindra And Mahindra Financial Services Limited : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
21 Apr 2014Mahindra And Mahindra Financial Services Limited₹0.39 MOpen
11 Jan 2012Axis Bank Limited₹6.36 CrOpen
21 Nov 2011Axis Bank Limited₹6.36 CrOpen
20 Nov 1997Maharashtra State Financial Corporation₹1.60 CrOpen
31 Jan 2018Others₹4.43 MSatisfied

How Many Employees Work at Fly Wheel Ring Gears?

Fly Wheel Ring Gears has a workforce of 70 employees as of Apr 09, 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.

Employee growth trends for Fly Wheel Ring Gears Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fly Wheel Ring Gears, 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 Fly Wheel Ring Gears's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Fly Wheel Ring Gears

Recent activity within the organization

  • Annual General Meeting

    Fly Wheel Ring Gears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Fly Wheel Ring Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited of Rs. 6.36 Cr registered on 11 Jan 2012 with Charge ID 10334224 was modified on 18 Jul 2022.

  • Charges

    A charge with Axis Bank Limited of Rs. 6.36 Cr registered on 21 Nov 2011 with Charge ID 10322036 was modified on 16 Jul 2022.

  • Charges

    A charge registered on 31 Mar 2017 via Charge ID 100088149 with Others was fully satisfied on 07 Jun 2022.

  • Charges

    A charge registered on 31 Jan 2018 via Charge ID 100153301 with Others was fully satisfied on 27 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Fly Wheel Ring Gears Private Limited?

    Fly Wheel Ring Gears Private Limited was incorporated on 19 Feb 1997.

  • What is authorized share capital and paid-up capital of Fly Wheel Ring Gears Private Limited?

    The authorized share capital of Fly Wheel Ring Gears Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Fly Wheel Ring Gears Private Limited?

    Currently 2 directors are associated with Fly Wheel Ring Gears Private Limited.

    • Sharad Changdeo Gurule
    • Kunal Balasaheb Khairnar

  • What is the registered address of Fly Wheel Ring Gears Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fly Wheel Ring Gears Private Limited is B-275 M.I.D.C. Area Malegaon, Sinnar India, Nashik, Maharashtra, 422103.

  • What is the corporate identification number (CIN) and company number of Fly Wheel Ring Gears Private Limited?

    The corporate identification number (CIN) of Fly Wheel Ring Gears Private Limited is U28113MH1997PTC105970 and the company number is 105970 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fly Wheel Ring Gears Private Limited?

    The Official website of Fly Wheel Ring Gears Private Limited is https://www.ringgearindia.com

  • What has been the recent revenue trend for Fly Wheel Ring Gears Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Fly Wheel Ring Gears Private Limited has fallen by -11.35%.

  • How many employees does Fly Wheel Ring Gears Private Limited currently have?

    As Per 2021 financial reports, 70 employees are currently employed by Fly Wheel Ring Gears Private Limited.

  • What change has been observed in the net worth of Fly Wheel Ring Gears Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Fly Wheel Ring Gears Private Limited has experienced an downturn of -4.85%.

  • What are the total open charges for Fly Wheel Ring Gears Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Fly Wheel Ring Gears Private Limited amount to ₹ 14.36 Cr.

  • When was the last Balance Sheet of Fly Wheel Ring Gears Private Limited filed with the ROC?

    The most recent Balance Sheet for Fly Wheel Ring Gears Private Limited was filed with the ROC on 31 Mar 2024.

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