Salasar Wheels Private Limited

Trading and repair services for various types of vehicles and machinery.

1995 | Ahmed Nagar, Maharashtra (India) | Active
Last Updated: January 09, 2025

Salasar Wheels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.79 Cr
  • Revenue Growth -37.77%
  • Profit Growth -16.26%
  • Ebitda -44.33%
  • Net Worth 10.94%
  • Total Assets -22.02%

About Salasar Wheels

Salasar Wheels Private Limited (SWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 1995 and has a history of 29 years and seven months. Its registered office is in Ahmed Nagar, Maharashtra, India.

The Corporate was formerly known as Raja Rubbers And Tubes 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹11.79 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Govardhan Bihani, Sharda Bihani, and Bhushan Bihani serve as directors at the Company.

Company Details

  • Location

    Ahmed Nagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    salasargroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50401MH1995PTC089881

  • Company No.

    089881

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive
Machinery and Equipment

What products or services does Salasar Wheels Private Limited offer?

Salasar Wheels Private Limited offers a wide range of products and services, including Automobile Interiors & Accessories, Car Accessories, Car Exterior Accessories, Car & Vehicle GPS Devices, GPS Tracking System, Seat Covers, Auto Seat Covers, Furniture Fittings & Hardware, Chair Parts, Automotive Accessories.

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

Board Members (3)

Name Designation Appointment Date Status
Govardhan Bihani Country flag representing In Director 23-Jun-1995 Current
Sharda Bihani Country flag representing In Director 01-May-2001 Current
Bhushan Bihani Country flag representing In Director 30-Jan-2010 Current

Financial Performance of Salasar Wheels.

Salasar Wheels Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 37.77% decrease. The company also saw a substantial fall in profitability, with a 16.26% decrease in profit. The company's net worth Soared by an impressive increase of 10.94%.

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
-37.77%
Revenue from Operations
-37.72%
Total Assets
-22.02%
Profit or Loss
-16.26%
Net Worth
10.94%
EBITDA
-44.33%

What is the Ownership and Shareholding Structure of Salasar Wheels?

In 2020, Salasar 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

₹0

Satisfied Charges

₹117.90 M

Charges Breakdown by Lending Institutions

  • Ford Credit India Private Limited : 10.90 Cr
  • Canara Bank : 0.89 Cr

Latest Charge Details

Date Lender Amount Status
20 May 2015 Ford Credit India Private Limited ₹10.90 Cr Satisfied
20 Jan 2010 Canara Bank ₹8.80 M Satisfied
23 Mar 2002 Canara Bank ₹0.10 M Satisfied

How Many Employees Work at Salasar Wheels?

Salasar Wheels has a workforce of 18 employees as of Apr 05, 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 Salasar 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 Salasar 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 Salasar Wheels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 20 May 2015 via Charge ID 10569345 with Ford Credit India Private Limited was fully satisfied on 17 Sep 2020.

    17 Sep 2020

  • Charges

    A charge registered on 20 Jan 2010 via Charge ID 10202300 with Canara Bank was fully satisfied on 24 Jan 2018.

    24 Jan 2018

  • Charges

    A charge with Ford Credit India Private Limited amounted to Rs. 109.00 M with Charge ID 10569345 was registered on 20 May 2015.

    20 May 2015

  • Charges

    A charge registered on 23 Mar 2002 via Charge ID 90088481 with Canara Bank was fully satisfied on 14 May 2015.

    14 May 2015

Frequently asked questions

  • Salasar Wheels Private Limited was incorporated on 23 Jun 1995.

  • The authorized share capital of Salasar Wheels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Salasar Wheels Private Limited.

    • Govardhan Motilal Bihani
    • Sharda Govardhan Bihani
    • Bhushan Govardan Bihani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salasar Wheels Private Limited is P. No. G/9 Midc India, Ahmednagar, Maharashtra, 414111.

  • The corporate identification number (CIN) of Salasar Wheels Private Limited is U50401MH1995PTC089881 and the company number is 089881 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salasar Wheels Private Limited is https://www.salasargroup.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Salasar Wheels Private Limited has fallen by -37.77%.

  • As Per 2020 financial reports, 18 employees are currently employed by Salasar Wheels Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Salasar Wheels Private Limited has experienced an upsurge of 10.94%.

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

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