Prem Wheels Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 6 Year, 10 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 ten months 27 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
Automotive
Prem Wheels Private Limited
Explore comprehensive data for Prem Wheels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 Ltd
Sanjay 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)
Open Charges
₹49.80 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Prem Wheels
Recent activity within the organization
- Annual General Meeting
Prem Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 19 Dec 2023 via Charge ID 100833903 with Canara Bank was fully satisfied on 27 May 2024.
- Charges
A charge registered on 19 Dec 2023 via Charge ID 100833908 with Canara Bank was fully satisfied on 27 May 2024.
- Charges
A charge registered on 08 Dec 2023 via Charge ID 100833900 with Canara Bank was fully satisfied on 27 May 2024.
- Balance Sheet
Prem Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
- Charges
A charge with Canara Bank amounted to Rs. 0.17 Cr with Charge ID 100833903 was registered on 19 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of Prem Wheels Private Limited?
Prem Wheels Private Limited was incorporated on 19 Jun 2018.
What is authorized share capital and paid-up capital of Prem Wheels Private Limited?
The authorized share capital of Prem Wheels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Prem Wheels Private Limited?
Currently 5 directors are associated with Prem Wheels Private Limited.
- Sanjay Bansal
- Gaurav Bansal
- Ashutosh Bansal
- Prachi Bansal
- Richa Bansal
What is the registered address of Prem Wheels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prem Wheels Private Limited is 3/42, Lakhanpur Sikandra Mathura Road India, Agra, Uttar Pradesh, 282007.
What is the corporate identification number (CIN) and company number of Prem Wheels Private Limited?
The corporate identification number (CIN) of Prem Wheels Private Limited is U74999UP2018PTC105498 and the company number is 105498 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prem Wheels Private Limited?
The Official website of Prem Wheels Private Limited is https://www.prem-wheels.in.kia
What has been the recent revenue trend for Prem Wheels Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Prem Wheels Private Limited has risen by 12.78%.
How many employees does Prem Wheels Private Limited currently have?
As Per 2022 financial reports, 103 employees are currently employed by Prem Wheels Private Limited.
What change has been observed in the net worth of Prem Wheels Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Prem Wheels Private Limited has experienced an upsurge of 45.10%.
What are the total open charges for Prem Wheels Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Prem Wheels Private Limited amount to ₹ 49.80 Cr.
When was the last Balance Sheet of Prem Wheels Private Limited filed with the ROC?
The most recent Balance Sheet for Prem Wheels Private Limited was filed with the ROC on 31 Mar 2024.
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