Prem Wheels Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 6 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 49.80 Cr
- Satisfied Charges ₹ 31.61 Cr
- Revenue Growth 12.78%
- Profit Growth 49.83%
- Ebitda 18.59%
- Net Worth 45.10%
- Total Assets 76.33%
About Prem Wheels
Prem Wheels Private Limited (PWPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 June 2018 (Six years and eight months 6 days old ). Its registered office is in Agra, Uttar Pradesh, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹49.80 Cr. The company has closed loans amounting to ₹31.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Bansal, Gaurav Bansal, Ashutosh Bansal, and Two other members serve as directors at the Company.
Company Details
- Location
Agra, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74999UP2018PTC105498
- Company No.
105498
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Who are the key members and board of directors at Prem Wheels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Bansal  | Managing Director | 15-Mar-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gaurav Bansal | Director | 19-Jun-2018 | Current |
| Ashutosh Bansal | Director | 19-Jun-2018 | Current |
| Prachi Bansal | Director | 22-May-2023 | Current |
| Richa Bansal | Director | 22-May-2023 | Current |
Financial Performance of Prem Wheels.
Prem Wheels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 12.78% increase. The company also saw a substantial improvement in profitability, with a 49.83% increase in profit. The company's net worth Soared by an impressive increase of 45.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prem Wheels?
In 2022, Prem 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.
Related Corporates (Common Directorship)
Seth Ratan Lal Entertainments Private LimitedGaurav Bansal is a mutual person
Malwa Vehicles Pvt LtdSanjay Bansal is a mutual person
- Prakash Vehicles Private Limited
Sanjay Bansal and Ashutosh Bansal are mutual person
- Prem Holidays Private Limited
Sanjay Bansal, Gaurav Bansal and 1 more are mutual person
- Vimal Cars Private Limited
Gaurav Bansal, Ashutosh Bansal and 2 more are mutual person
- Vimal Housing Private Limited
Gaurav Bansal and Prachi Bansal are mutual person
Charges (Loans)
₹49.80 Cr
₹31.61 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 49.29 Cr
- Canara Bank : 0.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2023 | Canara Bank | ₹5.10 M | Open |
| 08 Dec 2021 | Axis Bank Limited | ₹49.29 Cr | Open |
| 19 Dec 2023 | Canara Bank | ₹1.73 M | Satisfied |
| 19 Dec 2023 | Canara Bank | ₹1.75 M | Satisfied |
| 08 Dec 2023 | Canara Bank | ₹1.83 M | Satisfied |
How Many Employees Work at Prem Wheels?
Prem Wheels has a workforce of 103 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prem 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 Prem Wheels'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.
