Steel Strips Wheels Profile
Key Indicators
- Authorised Capital ₹ 36.40 Cr
- Paid Up Capital ₹ 15.69 Cr
- Company Age 39 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,940.01 Cr
- Satisfied Charges ₹ 3,836.32 Cr
- Revenue Growth 13.43%
- Profit Growth -5.68%
- Ebitda -2.20%
- Net Worth 19.21%
- Total Assets 2.95%
About Steel Strips Wheels
Steel Strips Wheels Ltd (SSWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 February 1985 and has a history of 39 years and 11 months. Its registered office is in Patiala, Punjab, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513262 and on the National Stock Exchange(NSE) under SSWL.
The Corporate was formerly known as Punjab Wheels 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 2023. It's a company limited by shares with an authorized capital of Rs 36.40 Cr and a paid-up capital of Rs 15.69 Cr.
The company currently has active open charges totaling ₹1,940.01 Cr. The company has closed loans amounting to ₹3,836.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Steel Strips Wheels Ltd India are Shaman Jindal as COMPANY SECRETARY and Naveen Sorot as Cfo. Sanjay Garg, Manohar Jain, Rajinder Garg, and Nine other members serve as directors at the Company.
Company Details
- Location
Patiala, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Steel Strips Wheels Ltd offer?
Steel Strips Wheels Ltd offers a wide range of products and services, including Tyre, Tube & Flaps, Alloy Wheels, Wheel Rim, Rims & Wheels, Car Wheels, Truck Wheel Rim, Heavy & Light Duty Caster Wheels, Nylon, Plastic, PU, Rubber & Metal Wheel, Car Wheel Rim.
Who are the key members and board of directors at Steel Strips Wheels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dheeraj Garg  | Managing Director | 29-Apr-1993 | Current |
| Shaman Jindal | Company Secretary | 01-Dec-2006 | Current |
| Naveen Sorot | CFO | 16-Sep-2020 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Siddharth Bansal | Director | 09-Nov-2020 | Current |
| Sanjay Sahni | Nominee Director | 14-Nov-2018 | Current |
| Sanjay Garg | Director | 24-Aug-2020 | Current |
| Mohan Joshi | Whole-Time Director | 26-Sep-2024 | Current |
| Deva Reddy | Director | 01-Aug-2020 | Current |
| Manohar Jain | Whole-Time Director | 01-Aug-2013 | Current |
Financial Performance of Steel Strips Wheels.
Steel Strips Wheels Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.43% increase. The company also saw a slight decrease in profitability, with a 5.68% decrease in profit. The company's net worth Soared by an impressive increase of 19.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Steel Strips Wheels?
In 2023, Steel Strips Wheels had a promoter holding of 62.68% and a public holding of 37.32%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indira Infratech Private LimitedSiddharth Bansal is a mutual person
Sab Industries LimitedSanjay Garg and Rajinder Garg are mutual person
Arya Hospital Pvt LtdVirander Arya is a mutual person
Usha Yarns LimitedShashi Gupta is a mutual person
Indlon Chemicals LimitedSanjay Garg and Manohar Jain are mutual person
- Indian Acrylics Limited
Rajinder Garg, Dheeraj Garg and 3 more are mutual person
Charges (Loans)
₹1,940.01 Cr
₹3,836.32 Cr
Charges Breakdown by Lending Institutions
- Others : 872.51 Cr
- Hdfc Bank Limited : 733.50 Cr
- Yes Bank Limited : 259.00 Cr
- The South Indian Bank Limited : 75.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2024 | The South Indian Bank Limited | ₹75.00 Cr | Open |
| 15 Sep 2023 | Others | ₹0.05 M | Open |
| 26 Jul 2023 | Hdfc Bank Limited | ₹75.00 Cr | Open |
| 22 May 2023 | Others | ₹75.00 Cr | Open |
| 11 Jan 2023 | Hdfc Bank Limited | ₹150.00 Cr | Open |
How Many Employees Work at Steel Strips Wheels?
Steel Strips Wheels has a workforce of 2798 employees as of Apr 04, 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 Steel Strips 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 Steel Strips 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.
