Wheels Scaffolding (India) Limited

Manufactures and trades steel scaffolding and formwork systems for construction industries.

2001 | Chandigarh, Chandigarh (India) | Active
Last Updated: July 31, 2024

Wheels Scaffolding (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.74 M
  • Company Age 24 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth 53.77%
  • Profit Growth 561.89%
  • Ebitda 236.24%
  • Net Worth 92.34%
  • Total Assets 67.23%

About Wheels Scaffolding (India)

Wheels Scaffolding (India) Limited (WSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 January 2001 and has a history of 24 years. Its registered office is in Chandigarh, Chandigarh, India.

The Corporate was formerly known as Wheels Fabricators Private Limited. The Company is engaged in the Machinery And Equipment 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 2.74 M.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Gupta, Ramesh Kumar, Vanita Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28112CH2001PLC024179

  • Company No.

    024179

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Wheels Scaffolding (India) Limited offer?

Wheels Scaffolding (India) Limited offers a wide range of products and services, including Scaffolding Pipes and Fittings, Scaffolding Couplers, Scaffolding Fittings, Brackets, Holder & Hardware Fittings, Metal Fitting, Scaffolding Frame, Scaffolding Accessories, Scaffolding Props & Spans, Beams, Purlins, Frames and Girders, Metal Beams.

Who are the key members and board of directors at Wheels Scaffolding (India)?

Board Members (4)

Name Designation Appointment Date Status
Rakesh Gupta Country flag representing In Whole-Time Director 23-Jan-2001 Current
Ramesh Kumar Country flag representing In Director 30-Jun-2007 Current
Vanita Gupta Country flag representing In Director 06-Dec-2017 Current
Arnav Gupta Country flag representing In Director 21-Jun-2021 Current

Financial Performance of Wheels Scaffolding (India).

Wheels Scaffolding (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.77% increase. The company also saw a substantial improvement in profitability, with a 561.89% increase in profit. The company's net worth Soared by an impressive increase of 92.34%.

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
53.77%
Revenue from Operations
53.78%
Total Assets
67.23%
Profit or Loss
561.89%
Net Worth
92.34%
EBITDA
236.24%

What is the Ownership and Shareholding Structure of Wheels Scaffolding (India)?

In 2023, Wheels Scaffolding (India) had a promoter holding of 80.47% and a public holding of 19.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 Cr

Satisfied Charges

₹5.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 17.00 Cr
  • Yes Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Oct 2019 Hdfc Bank Limited ₹17.00 Cr Open
11 Feb 2016 Yes Bank Limited ₹3.00 Cr Open
24 Apr 2008 Hdfc Bank Limited ₹4.00 Cr Satisfied
30 Mar 2007 State Bank Of Patiala ₹5.00 M Satisfied
20 Mar 2004 State Bank Of Patiala ₹1.00 Cr Satisfied

How Many Employees Work at Wheels Scaffolding (India)?

Wheels Scaffolding (India) has a workforce of 31 employees as of Apr 07, 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 Wheels Scaffolding (India), 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 Wheels Scaffolding (India)'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 Wheels Scaffolding (India)

Recent activity within the organization

  • Annual General Meeting

    Wheels Scaffolding (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Wheels Scaffolding (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 17.00 Cr registered on 01 Oct 2019 with Charge ID 100301828 was modified on 28 Feb 2023.

    28 Feb 2023

  • Director Appointment

    Arnav Gupta was appointed as a Director was appointed as a Director on 21 Jun 2021 & has been associated with this company since 3 years 7 months .

    21 Jun 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.00 Cr with Charge ID 100301828 was registered on 01 Oct 2019.

    01 Oct 2019

  • Charges

    A charge with Yes Bank Limited of Rs. 3.00 Cr registered on 11 Feb 2016 with Charge ID 100023885 was modified on 17 Feb 2019.

    17 Feb 2019

Frequently asked questions

  • Wheels Scaffolding (India) Limited was incorporated on 23 Jan 2001.

  • The authorized share capital of Wheels Scaffolding (India) Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.74 M.

  • Currently 4 directors are associated with Wheels Scaffolding (India) Limited.

    • Rakesh Gupta
    • Ramesh Kumar
    • Vanita Gupta
    • Arnav Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wheels Scaffolding (India) Limited is Plot No 119 Phase 1, Industrial Area Business & Industrial Park 1Ind Area Chandigarh, India, 160002.

  • The corporate identification number (CIN) of Wheels Scaffolding (India) Limited is U28112CH2001PLC024179 and the company number is 024179 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wheels Scaffolding (India) Limited is https://www.wslindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wheels Scaffolding (India) Limited has risen by 53.77%.

  • As Per 2023 financial reports, 31 employees are currently employed by Wheels Scaffolding (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wheels Scaffolding (India) Limited has experienced an upsurge of 92.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wheels Scaffolding (India) Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Wheels Scaffolding (India) Limited was filed with the ROC on 31 Mar 2023.

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