Vardhman Wheels Private Limited

Sells passenger vehicles, incorporated in 2018, based in Raipur, Chattisgarh.

2018 | Raipur, Chattisgarh (India) | Active
Last Updated: October 23, 2024

Vardhman Wheels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 7 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.88 Cr
  • Satisfied Charges ₹ 8.74 M
  • Revenue Growth -49.31%
  • Profit Growth 227.48%
  • Ebitda -61.98%
  • Net Worth 32.24%
  • Total Assets -13.83%

About Vardhman Wheels

Vardhman Wheels Private Limited (VWPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 February 2018 (Seven years 15 days old ). Its registered office is in Raipur, Chattisgarh, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹5.88 Cr. The company has closed loans amounting to ₹8.74 M, as per Ministry of Corporate Affairs (MCA) records.

Siddharth Vaid and Digvijay Vaid serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vardhmanmotors.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50500CT2018PTC008374

  • Company No.

    008374

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Automotive

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

Board Members (2)

NameDesignationAppointment DateStatus
Siddharth Vaid Country flag representing In Director 08-Feb-2018Current
Digvijay Vaid Country flag representing In Director 08-Feb-2018Current

Financial Performance of Vardhman Wheels.

Vardhman Wheels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.31% decrease. The company also saw a substantial improvement in profitability, with a 227.48% increase in profit. The company's net worth Soared by an impressive increase of 32.24%.

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
-49.31%
Revenue from Operations
-72.25%
Total Assets
-13.83%
Profit or Loss
227.48%
Net Worth
32.24%
EBITDA
-61.98%

What is the Ownership and Shareholding Structure of Vardhman Wheels?

In 2023, Vardhman 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

₹5.88 Cr

Satisfied Charges

₹0.87 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • Hdfc Bank Limited : 0.88 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jan 2024Hdfc Bank Limited₹1.01 MOpen
31 May 2022Hdfc Bank Limited₹3.90 MOpen
27 Apr 2022Hdfc Bank Limited₹3.88 MOpen
20 Apr 2018Others₹5.00 CrOpen
07 Sep 2020Others₹8.74 MSatisfied

How Many Employees Work at Vardhman Wheels?

Vardhman Wheels has a workforce of 15 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 Vardhman 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 Vardhman 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 Vardhman Wheels

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100889933 was registered on 15 Jan 2024.

    15 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Vardhman Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge registered on 07 Sep 2020 via Charge ID 100369873 with Others was fully satisfied on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.39 Cr with Charge ID 100594459 was registered on 31 May 2022.

    31 May 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.39 Cr with Charge ID 100582803 was registered on 27 Apr 2022.

    27 Apr 2022

Frequently asked questions

  • Vardhman Wheels Private Limited was incorporated on 08 Feb 2018.

  • The authorized share capital of Vardhman Wheels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Vardhman Wheels Private Limited.

    • Siddharth Vaid
    • Digvijay Singh Vaid
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Wheels Private Limited is V Plaza Priyadarshni Nagar, India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Vardhman Wheels Private Limited is U50500CT2018PTC008374 and the company number is 008374 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vardhman Wheels Private Limited is https://www.vardhmanmotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Wheels Private Limited has fallen by -49.31%.

  • As Per 2023 financial reports, 15 employees are currently employed by Vardhman Wheels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Wheels Private Limited has experienced an upsurge of 32.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Wheels Private Limited amount to ₹ 5.88 Cr.

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