Klassic Wheels Limited

Manufacturer of automotive steel rim for 2W and 3W vehicles, with a capacity of 11 million per year.

1994 | Ahmed Nagar, Maharashtra (India) | Active
Last Updated:

Klassic Wheels Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.49 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 226.38 Cr
  • Satisfied Charges ₹ 23.41 Cr
  • Revenue Growth 8.41%
  • Profit Growth 34.45%
  • Ebitda -13.44%
  • Net Worth 2.87%
  • Total Assets 9.94%

About Klassic Wheels

Klassic Wheels Limited (KWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 August 1994 and has a history of 30 years and nine months. Its registered office is in Ahmed Nagar, Maharashtra, India.

The Corporate was formerly known as Klassic Wheels Private Limited. 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 15.00 Cr and a paid-up capital of Rs 9.49 Cr.

The company currently has active open charges totaling ₹226.38 Cr. The company has closed loans amounting to ₹23.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Klassic Wheels Limited India are Sunit Munot as CEO and Taruna Gujar as Company Secretary. Mohan Munot, Sunil Munot, Neeraj Munot, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmed Nagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29119PN1994PLC080196

  • Company No.

    080196

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive
Company report

Klassic Wheels Limited

Explore comprehensive data for Klassic Wheels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Klassic Wheels?

Executive Team (3)

NameDesignationAppointment DateStatus
Sunil Munot Country flag representing In Managing Director25-May-2003Current
Sunit Munot Country flag representing In CEO03-Oct-2018Current
Taruna Gujar Company Secretary10-Jan-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Neeraj Munot Country flag representing In Whole-Time Director 09-Aug-1994Current
Naresh Gugale Country flag representing In Director 05-Oct-2018Current
Gaurav Chattur Country flag representing In Director 01-Mar-2022Current
Mohan Munot Country flag representing In Whole-Time Director 09-Aug-1994Current
Ashok Pitale Country flag representing In Director 12-Nov-2018Current
Sagar Munot Country flag representing In Whole-Time Director 01-Jan-2013Current

Financial Performance of Klassic Wheels.

Klassic Wheels Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 8.41% increase. The company also saw a substantial improvement in profitability, with a 34.45% increase in profit. The company's net worth moved up by a moderate rise of 2.87%.

Klassic Wheels revenue growth over time
Klassic Wheels 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
8.41%
Revenue from Operations
6.57%
Total Assets
9.94%
Profit or Loss
34.45%
Net Worth
2.87%
EBITDA
-13.44%

What is the Ownership and Shareholding Structure of Klassic Wheels?

In 2023, Klassic 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹226.38 Cr

Satisfied Charges

₹23.41 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 110.00 Cr
  • State Bank Of India : 62.02 Cr
  • Others : 54.36 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 2024Hdfc Bank Limited₹15.00 CrOpen
16 Jan 2023Hdfc Bank Limited₹55.00 CrOpen
28 Nov 2022Others₹1.16 CrOpen
22 Feb 2022Others₹15.00 CrOpen
25 Jan 2021Hdfc Bank Limited₹40.00 CrOpen

How Many Employees Work at Klassic Wheels?

Klassic Wheels has a workforce of 972 employees as of Jan 31, 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.

Employee growth trends for Klassic Wheels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Klassic 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 Klassic Wheels'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 Klassic Wheels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 25 Jan 2021 with Charge ID 100411729 was modified on 19 Oct 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 01 Feb 2024 with Charge ID 100872165 was modified on 03 Oct 2024.

  • Annual General Meeting

    Klassic Wheels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 29 Jun 2018 via Charge ID 100192153 with Axis Bank Limited was fully satisfied on 08 Apr 2024.

  • Balance Sheet

    Klassic Wheels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 29 Dec 2020 via Charge ID 100405120 with Axis Bank Limited was fully satisfied on 16 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Klassic Wheels Limited?

    Klassic Wheels Limited was incorporated on 09 Aug 1994.

  • What is authorized share capital and paid-up capital of Klassic Wheels Limited?

    The authorized share capital of Klassic Wheels Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.49 Cr.

  • Who are the current board members & directors of Klassic Wheels Limited?

    Currently 10 directors are associated with Klassic Wheels Limited.

    • Mohan Nemichand Munot
    • Sunil Shantilal Munot
    • Neeraj Amrutlal Munot
    • Ashok Dhanraj Pitale
    • Sagar Ramesh Munot
    • Gaurav Vijay Chattur
    • Naresh Hastimal Gugale
    • Chhaya Ashok Firodia
    • Sunit Ramesh Munot
    • Taruna Gujar

  • What is the registered address of Klassic Wheels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Klassic Wheels Limited is Hirkesh Nearkeshargulabmangalkaryalaya Behindadccbank, Stationroad India, Ahmednagar, Maharashtra, 414001.

  • What is the corporate identification number (CIN) and company number of Klassic Wheels Limited?

    The corporate identification number (CIN) of Klassic Wheels Limited is U29119PN1994PLC080196 and the company number is 080196 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Klassic Wheels Limited?

    The Official website of Klassic Wheels Limited is https://www.klassicwheels.com

  • What has been the recent revenue trend for Klassic Wheels Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Klassic Wheels Limited has risen by 8.41%.

  • How many employees does Klassic Wheels Limited currently have?

    As Per 2024 financial reports, 972 employees are currently employed by Klassic Wheels Limited.

  • What change has been observed in the net worth of Klassic Wheels Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Klassic Wheels Limited has experienced an upsurge of 2.87%.

  • What are the total open charges for Klassic Wheels Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Klassic Wheels Limited amount to ₹ 226.38 Cr.

  • When was the last Balance Sheet of Klassic Wheels Limited filed with the ROC?

    The most recent Balance Sheet for Klassic Wheels Limited was filed with the ROC on 31 Mar 2024.

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