Twin Wheels And Components Private Limited

Manufactures and trades cycle parts since 1992 in Ludhiana, Punjab.

1992 | Punjab, Punjab (India) | Active
Last Updated: July 26, 2024

Twin Wheels And Components Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.35 M
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.59 M
  • Revenue Growth 72.84%
  • Profit Growth 109.51%
  • Ebitda 91.33%
  • Net Worth 22.00%
  • Total Assets 15.74%

About Twin Wheels And Components

Twin Wheels And Components Private Limited (TWACPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 December 1992 and has a history of 32 years and two months. Its registered office is in Punjab, Punjab, India.

The Corporate was formerly known as Twin Wheels And Components 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.35 M.

The company currently has active open charges totaling ₹5.59 M.

Dalvir Tiwana and Jasjeet Singh serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35911PB1992PTC012775

  • Company No.

    012775

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Twin Wheels And Components?

Board Members (2)

NameDesignationAppointment DateStatus
Dalvir Tiwana Country flag representing In Director 01-Dec-1992Current
Jasjeet Singh Country flag representing In Director 11-Sep-2019Current

Financial Performance of Twin Wheels And Components.

Twin Wheels And Components Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.84% increase. The company also saw a substantial improvement in profitability, with a 109.51% increase in profit. The company's net worth Soared by an impressive increase of 22%.

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
72.84%
Revenue from Operations
72.88%
Total Assets
15.74%
Profit or Loss
109.51%
Net Worth
22.00%
EBITDA
91.33%

What is the Ownership and Shareholding Structure of Twin Wheels And Components?

In 2023, Twin Wheels And Components 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

₹5.59 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.32 Cr
  • Hdfc Bank Limited : 0.21 Cr
  • Dena Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jun 2024Axis Bank Limited₹3.22 MOpen
18 Oct 2023Hdfc Bank Limited₹2.07 MOpen
18 Mar 2011Dena Bank₹0.30 MOpen

How Many Employees Work at Twin Wheels And Components?

Unlock and access historical data on people associated with Twin Wheels And Components, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Twin Wheels And Components, 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 Twin Wheels And Components'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 Twin Wheels And Components

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.22 M with Charge ID 100942094 was registered on 18 Jun 2024.

    18 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.07 M with Charge ID 100823081 was registered on 18 Oct 2023.

    18 Oct 2023

  • Annual General Meeting

    Twin Wheels And Components Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Twin Wheels And Components Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Jasjeet Singh was appointed as a Director was appointed as a Director on 11 Sep 2019 & has been associated with this company since 5 years 4 months .

    11 Sep 2019

  • Charges

    A charge with Dena Bank amounted to Rs. 0.30 M with Charge ID 10284842 was registered on 18 Mar 2011.

    18 Mar 2011

Frequently asked questions

  • Twin Wheels And Components Private Limited was incorporated on 01 Dec 1992.

  • The authorized share capital of Twin Wheels And Components Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.35 M.

  • Currently 2 directors are associated with Twin Wheels And Components Private Limited.

    • Dalvir Singh Tiwana
    • Jasjeet Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Twin Wheels And Components Private Limited is 407Model Town Ludhiana, Punjab, India.

  • The corporate identification number (CIN) of Twin Wheels And Components Private Limited is U35911PB1992PTC012775 and the company number is 012775 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Twin Wheels And Components Private Limited has risen by 72.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Twin Wheels And Components Private Limited has experienced an upsurge of 22.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Twin Wheels And Components Private Limited amount to ₹ 5.59 M.

  • The most recent Balance Sheet for Twin Wheels And Components Private Limited was filed with the ROC on 31 Mar 2023.

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