K W Rims India Private Limited

Founded in 1988 and headquartered in Punjab, India.

1988 | Punjab, Punjab (India) | Active
Last Updated: July 24, 2024

K W Rims India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.44 M
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.90 Cr
  • Satisfied Charges ₹ 15.36 Cr
  • Revenue Growth -69.36%
  • Profit Growth -1185.79%
  • Ebitda -79.15%
  • Net Worth -254.23%
  • Total Assets -5.99%

About K W Rims India

K W Rims India Private Limited (KWRIPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 March 1988 and has a history of 36 years and ten months. Its registered office is in Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.44 M.

The company currently has active open charges totaling ₹10.90 Cr. The company has closed loans amounting to ₹15.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

Paramjit Singh and Karandeep Singh serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kwcycles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35923PB1988PTC008174

  • Company No.

    008174

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at K W Rims India?

Board Members (2)

NameDesignationAppointment DateStatus
Paramjit Singh Country flag representing In Director 08-Feb-1994Current
Karandeep Singh Country flag representing In Director 08-Aug-2014Current

Financial Performance of K W Rims India.

K W Rims India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 69.36% decrease. The company also saw a substantial fall in profitability, with a 1185.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 254.23%.

Graph illustrating revenue growth over time
Graph showing 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
-69.36%
Revenue from Operations
-70.35%
Total Assets
-5.99%
Profit or Loss
-1185.79%
Net Worth
-254.23%
EBITDA
-79.15%

What is the Ownership and Shareholding Structure of K W Rims India?

In 2023, K W Rims India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹109.00 M

Satisfied Charges

₹153.61 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 6.25 Cr
  • Hdfc Bank Limited : 4.65 Cr

Latest Charge Details

DateLenderAmountStatus
08 Mar 2022Yes Bank Limited₹6.25 CrOpen
04 Oct 2017Hdfc Bank Limited₹4.65 CrOpen
30 Sep 2019Others₹6.51 CrSatisfied
30 Oct 2015Capital First Limited₹4.00 CrSatisfied
03 Jul 2012Kotak Mahindra Bank Limited₹2.83 CrSatisfied

How Many Employees Work at K W Rims India?

K W Rims India has a workforce of 10 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of K W Rims India, 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 K W Rims India'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 K W Rims India

Recent activity within the organization

  • Annual General Meeting

    K W Rims India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    K W Rims India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 62.50 M with Charge ID 100549008 was registered on 08 Mar 2022.

    08 Mar 2022

  • Charges

    A charge registered on 30 Sep 2019 via Charge ID 100318198 with Others was fully satisfied on 07 Mar 2022.

    07 Mar 2022

  • Charges

    A charge with Others of Rs. 65.10 M registered on 30 Sep 2019 with Charge ID 100318198 was modified on 23 Aug 2020.

    23 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 65.10 M with Charge ID 100318198 was registered on 30 Sep 2019.

    30 Sep 2019

Frequently asked questions

  • K W Rims India Private Limited was incorporated on 28 Mar 1988.

  • The authorized share capital of K W Rims India Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.44 M.

  • Currently 2 directors are associated with K W Rims India Private Limited.

    • Paramjit Singh
    • Karandeep Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of K W Rims India Private Limited is C-96 Focal Point Ludhiana, Punjab, India, 141010.

  • The corporate identification number (CIN) of K W Rims India Private Limited is U35923PB1988PTC008174 and the company number is 008174 as per Ministry of Corporate Affairs (MCA).

  • The Official website of K W Rims India Private Limited is https://www.kwcycles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for K W Rims India Private Limited has fallen by -69.36%.

  • As Per 2023 financial reports, 10 employees are currently employed by K W Rims India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of K W Rims India Private Limited has experienced an downturn of -254.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for K W Rims India Private Limited amount to ₹ 10.90 Cr.

  • The most recent Balance Sheet for K W Rims India Private Limited was filed with the ROC on 31 Mar 2023.

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