Veer Wheels Private Limited
Manufactures bicycle rims and related items, incorporated in 2005 with registered office in Kolkata.
2005 | Kolkata, West Bengal (India) | Active
Veer Wheels Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.95 M
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.80 Cr
- Satisfied Charges ₹ 13.08 Cr
- Revenue Growth 13.81%
- Profit Growth -31.09%
- Ebitda 52.08%
- Net Worth 3.97%
- Total Assets 3.88%
About Veer Wheels
Veer Wheels Private Limited (VWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 2005 and has a history of 19 years and eight months. Its registered office is in Kolkata, West Bengal, 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 5.00 M and a paid-up capital of Rs 3.95 M.
The company currently has active open charges totaling ₹13.80 Cr. The company has closed loans amounting to ₹13.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ratan Agarwal, Amit Saraf, Urmila Dalmia, and Four other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U35921WB2005PTC103668
- Company No.
103668
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Jun 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Automotive
What products or services does Veer Wheels Private Limited offer?
Veer Wheels Private Limited offers a wide range of products and services, including Bicycle Wheel Parts, Cycle Rim.
Who are the key members and board of directors at Veer Wheels?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ratan Agarwal  | Director | 09-Jun-2005 | Current |
| Amit Saraf | Director | 09-Jun-2005 | Current |
| Urmila Dalmia | Director | 09-Jun-2005 | Current |
| Ashok Dalmia | Director | 21-Jan-2007 | Current |
| Sumitra Agarwal | Director | 09-Jun-2005 | Current |
| Rahul Agarwal | Director | 20-Jul-2009 | Current |
Financial Performance of Veer Wheels.
Veer Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.81% increase. The company also saw a substantial fall in profitability, with a 31.09% decrease in profit. The company's net worth moved up by a moderate rise of 3.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Veer Wheels?
In 2023, Veer 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)
- Veer Pet Llp
Ratan Agarwal, Amit Saraf and 5 more are mutual person
- Ranvit Agro Food Llp
Sumitra Agarwal is a mutual person
Charges (Loans)
Open Charges
₹138.00 M
Satisfied Charges
₹130.80 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 13.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2010 | State Bank Of India | ₹13.80 Cr | Open |
| 31 Dec 2022 | Hdfc Bank Limited | ₹8.48 Cr | Satisfied |
| 09 Aug 2007 | West Bengal Financial Corporation | ₹1.50 Cr | Satisfied |
| 18 Jan 2007 | Central Bank Of India | ₹1.60 Cr | Satisfied |
| 31 Jul 2006 | West Bengal Financial Corporation | ₹1.50 Cr | Satisfied |
How Many Employees Work at Veer Wheels?
Veer Wheels has a workforce of 85 employees as of Mar 22, 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 Veer 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 Veer 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 Veer Wheels
Recent activity within the organization
- Annual General Meeting
Veer Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Veer Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with State Bank Of India of Rs. 138.00 M registered on 21 Jan 2010 with Charge ID 10198561 was modified on 19 Mar 2024.
- Charges
A charge registered on 31 Dec 2022 via Charge ID 100723481 with Hdfc Bank Limited was fully satisfied on 01 Mar 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 84.80 M with Charge ID 100723481 was registered on 31 Dec 2022.
- Charges
A charge registered on 09 Aug 2007 via Charge ID 10064224 with West Bengal Financial Corporation was fully satisfied on 05 Jun 2015.
Frequently asked questions
What is the Incorporation or founding date of Veer Wheels Private Limited?
Veer Wheels Private Limited was incorporated on 09 Jun 2005.
What is authorized share capital and paid-up capital of Veer Wheels Private Limited?
The authorized share capital of Veer Wheels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.95 M.
Who are the current board members & directors of Veer Wheels Private Limited?
Currently 7 directors are associated with Veer Wheels Private Limited.
- Ratan Agarwal
- Amit Saraf
- Urmila Dalmia
- Ashok Kumar Dalmia
- Sumitra Agarwal
- Rahul Agarwal
- Biswas Dalmia
What is the registered address of Veer Wheels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Veer Wheels Private Limited is 23A N. S. Road P.S.- Hair Street. 8Th Floor Room No.6A, India, Kolkata, West Bengal, 700001.
What is the corporate identification number (CIN) and company number of Veer Wheels Private Limited?
The corporate identification number (CIN) of Veer Wheels Private Limited is U35921WB2005PTC103668 and the company number is 103668 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Veer Wheels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Veer Wheels Private Limited has risen by 13.81%.
How many employees does Veer Wheels Private Limited currently have?
As Per 2023 financial reports, 85 employees are currently employed by Veer Wheels Private Limited.
What change has been observed in the net worth of Veer Wheels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Veer Wheels Private Limited has experienced an upsurge of 3.97%.
What are the total open charges for Veer Wheels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Veer Wheels Private Limited amount to ₹ 13.80 Cr.
When was the last Balance Sheet of Veer Wheels Private Limited filed with the ROC?
The most recent Balance Sheet for Veer Wheels Private Limited was filed with the ROC on 31 Mar 2024.