Wings Automobile Products Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 3.11 M
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.50 Cr
- Satisfied Charges ₹ 29.88 Cr
- Revenue Growth 17.32%
- Profit Growth -70.75%
- Ebitda -46.10%
- Net Worth 1.00%
- Total Assets -1.04%
About Wings Automobile Products
Wings Automobile Products Pvt. Ltd. (WAPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 1996 and has a history of 28 years and ten months. Its registered office is in Faridabad, Haryana, India.
The Company is engaged in the Energy And Power 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 2.00 Cr and a paid-up capital of Rs 3.11 M.
The company currently has active open charges totaling ₹15.50 Cr. The company has closed loans amounting to ₹29.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prabha Bhalla, Madhu Bhalla, and Rohit Bhalla serve as directors at the Company.
Company Details
- Location
Faridabad, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300HR1996PTC033046
- Company No.
033046
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Wings Automobile Products Pvt. Ltd. offer?
Wings Automobile Products Pvt. Ltd. offers a wide range of products and services, including Automobile Electrical Components, Automobile Ignition Systems & Parts, VFD, PLC, HMI & Control Equipments, Line Load Reactors, Transformers & Transformer Parts, Electronic Transformers, Distribution Transformer, Transformers, Electrical Panels & Distribution Box, Starter Panel.
Who are the key members and board of directors at Wings Automobile Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohit Bhalla  | Managing Director | 29-Mar-1996 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prabha Bhalla | Director | 29-Mar-1996 | Current |
| Madhu Bhalla | Director | 29-Mar-1996 | Current |
Financial Performance of Wings Automobile Products.
Wings Automobile Products Pvt. Ltd., for the financial year ended 2022, experienced significant growth in revenue, with a 17.32% increase. The company also saw a substantial fall in profitability, with a 70.75% decrease in profit. The company's net worth moved up by a moderate rise of 1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Wings Automobile Products?
In 2022, Wings Automobile Products had a promoter holding of 100.00%. 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)
Addon Engineering Private LimitedPrabha Bhalla, Madhu Bhalla and 1 more are mutual person
Adwings Electrotech Private LimitedRohit Bhalla is a mutual person
Charges (Loans)
₹15.50 Cr
₹29.88 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 15.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2017 | The Hongkong And Shanghai Banking Corporation Limited | ₹10.00 Cr | Open |
| 10 Jul 2017 | The Hongkong And Shanghai Banking Corporation Limited | ₹5.50 Cr | Open |
| 02 Feb 2018 | Others | ₹5.00 Cr | Satisfied |
| 23 Jan 2016 | Bajaj Finance Limited | ₹2.50 Cr | Satisfied |
| 22 Mar 2013 | Small Industries Development Bank Of India | ₹1.00 Cr | Satisfied |
How Many Employees Work at Wings Automobile Products?
Wings Automobile Products has a workforce of 102 employees as of Apr 02, 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 Wings Automobile Products, 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 Wings Automobile Products'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.
