- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0006670

About Amar Wheels Pvt Ltd
Data last updated:
Amar Wheels Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 15 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1988PTC008684. Its GSTIN is 03AABCA4449H1Z0 (Punjab). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors including Sanjay Aggarwal (Managing Director) and Karan Aggarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C 194 Phase Viifocal Point Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.91 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹2.42 Cr (net margin 7.1%) and EBITDA of ₹4.86 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
The company has about 165 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Amar Wheels and Propel Metaltech. As per MCA filings, the company has open charges of ₹12.02 Cr and satisfied charges of ₹7.45 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending.
Amar Wheels Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0006670). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amarindia.com.
Recognitions & Rankings of Amar Wheels
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC 194 Phase Viifocal Point Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Auto Parts & Components
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Amar Wheels Pvt Ltd
Amar Wheels operates two associated brands: Amar Wheels and Propel Metaltech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces chainwheels, cranksets, and accessories for bicycles and e-bikes worldwide. | amarindia.com | |
| Produces chainwheels and cranksets for bicycles and e-bikes with innovative designs. | propelworld.com |
Business Activity of Amar Wheels Pvt Ltd
The main business activity of Amar Wheels is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Amar Wheels Pvt Ltd FY 2025 filings available
Amar Wheels Pvt Ltd reported revenue of ₹33.91 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Amar Wheels Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 29% growth in the latest year. EBITDA fell 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Amar Wheels Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.42 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Amar Wheels Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Amar Wheels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Amar Wheels Pvt Ltd
Amar Wheels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Aggarwal | Whole-Time Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Sahil Aggarwal | Whole-Time Director | 31 Dec 2020 | 5 Years 9 Months | Current |
| Sanjay Aggarwal | Managing Director | 01 Apr 2021 | 5 Years 6 Months | Current |
Peer Comparison of Amar Wheels Pvt Ltd
Amar Wheels Pvt Ltd is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anusham Automotive India Private Limited | ₹34.17 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Sriperumpudur, Tamil Nadu, India |
| United Engitech Private Limited | ₹34.15 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Jamshedpur, Jharkhand, India |
| Haridwar Precision Auto Private Limited | ₹34.13 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Nashik, Maharashtra, India |
| Alpha Dies and Pattern (India) Private Limited | ₹34.09 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
| Kasuya GPP Auto Products Private Limited | ₹33.95 Cr (FY 2016) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Amar Wheels Pvt Ltd this company | ₹33.91 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Ludhiana, Punjab, India |
| Sagar Auto Parts Private Limited | ₹33.89 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Dingrajwadi, Maharashtra, India |
| Autotech Components Pvt Ltd | ₹33.83 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Gurgaon, Haryana, India |
| G D Motors Private Limited | ₹33.78 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Karnataka Hybrid Micro Devices Limited. | ₹33.67 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| J J Auto Components (India) Private Limited | ₹33.67 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Kotda Sangani, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Amar Wheels by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Amar Wheels Pvt Ltd
Amar Wheels Pvt Ltd is audited by SANJEEV BIMLA & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJEEV BIMLA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Amar Wheels Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Amar Wheels Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2026 | Others | ₹86.87 Lakh | Open |
| 09 Mar 2016 | Axis Bank Limited | ₹11 Cr | Open |
| 03 Oct 1994 | Indian Bank | ₹15 Lakh | Open |
| 06 Oct 2008 | Small Industries Develpoment Bank of India | ₹60 Lakh | Satisfied |
| 13 May 1997 | State Bank of India | ₹60 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Amar Wheels Pvt Ltd
Amar Wheels Pvt Ltd has 8 court cases on record: 4 filed by Amar Wheels, 4 filed against it. 4 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 2 |
| District courts | 4 | 1 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Appeal | Filed against the company by Surya Cast & Forge Private Limited | Pending |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against Surya Cast & Forge Private Limited | Pending |
| District court, Ludhiana, Punjab | Appeal | Filed by the company against Surya Cast & Forge Private Limited | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against Surya Cast & Forge Private Limited | Disposed |
| High Court of Punjab and Haryana | Appeal | Filed against the company by Office of Banking Ombudsman Reserve Bank of India | Pending |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Amar Wheels Pvt Ltd
Amar Wheels Pvt Ltd has 4 MSME Form 1 returns on record between 2019 and 2021, listing 125 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rockwell Vacuum & Allied Technologies | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Pacific Auto Industries | •••• | •••• | •••• |
| Pearl Polymers | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Amar Wheels Pvt Ltd
Amar Wheels Pvt Ltd has a workforce of 165 employees as of Jan 06, 2026.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Amar Wheels Pvt Ltd
Amar Wheels Pvt Ltd has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Karan Aggarwal was appointed as Whole-Time Director on 01 Apr 2021.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Amar Wheels Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Amar Wheels Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Amar Wheels Pvt Ltd
Amar Wheels has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCA4449H1Z0 | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Amar Wheels Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Amar Wheels Pvt Ltd
Amar Wheels is an active private limited company based in Ludhiana, Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 15 September 1988 (38+ years old) and is registered under CIN U35921PB1988PTC008684.
Amar Wheels reported revenue of ₹33.91 Cr for FY 2025 (up 29% YoY).
Amar Wheels has 3 current directors:
- Sanjay Aggarwal - Managing Director
- Karan Aggarwal - Whole-Time Director
- Sahil Aggarwal - Whole-Time Director
Amar Wheels reported a net profit of ₹2.42 Cr (net margin 7.1%) and EBITDA of ₹4.86 Cr (EBITDA margin 14.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Amar Wheels is -17% over three years and 1% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Amar Wheels is 03AABCA4449H1Z0, registered in Punjab. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Amar Wheels is U35921PB1988PTC008684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amar Wheels has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Amar Wheels was incorporated on 15 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Amar Wheels by revenue are Anusham Automotive India Private Limited, United Engitech Private Limited, Haridwar Precision Auto Private Limited, Alpha Dies and Pattern (India) Private Limited, Kasuya GPP Auto Products Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Karan Aggarwal was appointed as Whole-Time Director on 01 Apr 2021. Sanjay Aggarwal was appointed as Managing Director on 01 Apr 2021. Sahil Aggarwal was appointed as Whole-Time Director on 31 Dec 2020. Amar Wheels has 4 board changes on record in total.
Yes, Amar Wheels is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0006670).