Neo Wheels(Cn) Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.90 Cr
- Company Age 38 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 58.88 Cr
- Satisfied Charges ₹ 62.00 Cr
- Revenue Growth 47.41%
- Profit Growth 275.95%
- Ebitda 106.64%
- Net Worth 10.04%
- Total Assets 15.32%
About Neo Wheels(Cn)
Neo Wheels Limited (Cn) (NWLC) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 April 1987 and has a history of 38 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Versatile Hitech Consultants And Engineers Ltd. 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 4.00 Cr and a paid-up capital of Rs 3.90 Cr.
The company currently has active open charges totaling ₹58.88 Cr. The company has closed loans amounting to ₹62.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Kacheria, Paresh Kacheria, Parvindar Vedang, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28920MH1987PLC043104
- Company No.
043104
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Apr 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
What products or services does Neo Wheels Limited (Cn) offer?
Neo Wheels Limited (Cn) offers a wide range of products and services, including Tyre, Tube & Flaps, Alloy Wheels.
Neo Wheels Limited (Cn)
Explore comprehensive data for Neo Wheels Limited (Cn), including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Neo Wheels(Cn)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Kacheria  | Managing Director | 23-Feb-1994 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satya Kacheria | Director | 17-Jan-2021 | Current |
| Paresh Kacheria | Director | 23-Feb-1994 | Current |
| Parvindar Vedang | Additional Director | 23-May-2024 | Current |
| Mayur Parmar | Additional Director | 23-May-2024 | Current |
Rahil Kacheria  | Additional Director | 07-Mar-2024 | Current |
Financial Performance of Neo Wheels(Cn).
Neo Wheels Limited (Cn), for the financial year ended 2023, experienced significant growth in revenue, with a 47.41% increase. The company also saw a substantial improvement in profitability, with a 275.95% increase in profit. The company's net worth Soared by an impressive increase of 10.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Neo Wheels(Cn)?
In 2023, Neo Wheels(Cn) had a promoter holding of 69.48% and a public holding of 30.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sharda Wheels Private LimitedSanjay Kacheria and Paresh Kacheria are mutual person
- Ambica Corporation Limited
Parvindar Vedang is a mutual person
- Pegasus Corporate Services Global Private Limited
Parvindar Vedang is a mutual person
- Think Tower Developers Private Limited
Mayur Parmar is a mutual person
- Asha Association For Sociological Harmony And Activism
Mayur Parmar is a mutual person
Charges (Loans)
Open Charges
₹58.88 Cr
Satisfied Charges
₹62.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 27.00 Cr
- Others : 16.31 Cr
- Bank Of India : 15.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2024 | Bank Of India | ₹15.57 Cr | Open |
| 29 Mar 2023 | Others | ₹5.90 Cr | Open |
| 05 Oct 2021 | Hdfc Bank Limited | ₹27.00 Cr | Open |
| 09 Jul 2020 | Others | ₹0.57 M | Open |
| 24 Sep 2019 | Others | ₹8.35 Cr | Open |
How Many Employees Work at Neo Wheels(Cn)?
Unlock and access historical data on people associated with Neo Wheels(Cn), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Neo Wheels(Cn), 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 Neo Wheels(Cn)'s trajectory.
Rating
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
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 Neo Wheels(Cn)
Recent activity within the organization
- Director Appointment
Parvindar Singh Baldev Vedang was appointed as a Additional Director was appointed as a Additional Director on 23 May 2024 & has been associated with this company since 1 year 1 day .
- Director Appointment
Mayur Dinesh Parmar was appointed as a Additional Director was appointed as a Additional Director on 23 May 2024 & has been associated with this company since 1 year 1 day .
- Charges
A charge with Bank Of India amounted to Rs. 15.57 Cr with Charge ID 100920497 was registered on 09 May 2024.
- Director Appointment
Rahil Sanjay Kacheria was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2024 & has been associated with this company since 1 year 2 months .
- Annual General Meeting
Neo Wheels Limited (Cn) last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Neo Wheels Limited (Cn) has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Frequently asked questions
What is the Incorporation or founding date of Neo Wheels Limited (Cn)?
Neo Wheels Limited (Cn) was incorporated on 08 Apr 1987.
What is authorized share capital and paid-up capital of Neo Wheels Limited (Cn)?
The authorized share capital of Neo Wheels Limited (Cn) is ₹ 4.00 Cr and paid-up capital is ₹ 3.90 Cr.
Who are the current board members & directors of Neo Wheels Limited (Cn)?
Currently 6 directors are associated with Neo Wheels Limited (Cn).
- Sanjay Rashiklal Kacheria
- Paresh Rashiklal Kacheria
- Parvindar Singh Baldev Vedang
- Satya Paresh Kacheria
- Mayur Dinesh Parmar
- Rahil Sanjay Kacheria
What is the registered address of Neo Wheels Limited (Cn)?
As per Ministry of Corporate Affairs (Mca), the registered address of Neo Wheels Limited (Cn) is 14 Floor Unit No 3 E Wing A Block Trade Link Kamalcity Kamala Mills Compound, Lower Pa Rel (West) India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Neo Wheels Limited (Cn)?
The corporate identification number (CIN) of Neo Wheels Limited (Cn) is U28920MH1987PLC043104 and the company number is 043104 as per Ministry of Corporate Affairs (MCA).
What is the official website of Neo Wheels Limited (Cn)?
The Official website of Neo Wheels Limited (Cn) is https://www.neowheels.com
What has been the recent revenue trend for Neo Wheels Limited (Cn)?
According to the financial reports for the fiscal year 2023, the revenue trend for Neo Wheels Limited (Cn) has risen by 47.41%.
What change has been observed in the net worth of Neo Wheels Limited (Cn), and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Neo Wheels Limited (Cn) has experienced an upsurge of 10.04%.
What are the total open charges for Neo Wheels Limited (Cn)?
As per the financial statements for fiscal Year 2023, The total open charges for Neo Wheels Limited (Cn) amount to ₹ 58.88 Cr.
When was the last Balance Sheet of Neo Wheels Limited (Cn) filed with the ROC?
The most recent Balance Sheet for Neo Wheels Limited (Cn) was filed with the ROC on 31 Mar 2023.
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