About Paramount Wheels
Paramount Wheels was a Transportation, Automotive & Logistics company based in Thane (India) founded in 2010. It offers comprehensive automotive vehicle dealership services. It operates on a B2C model. The company has 90 employees. Its Indian entity Paramount Wheels Private Limited reported revenue of ₹174 Cr. The company is recorded as dissolved. Its focus areas include Automotive, Dealership, Vehicle Sales and Services. Similar companies include CarDekho, CarWale and Droom; 3 of its 3 listed similar companies have raised funding.
Company details
Paramount Wheels offers comprehensive automotive vehicle dealership services through dealing with automotive parts, dealership, vehicle sales, and providing essential services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Thane, India
- Employees 90
- SectorsTransportation, Automotive & Logistics
- Website paramountwheels.in
- Legal Name Paramount Wheels Private Limited
- Date of Incorporation 08 Dec, 2010
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹174 Cr
FY 2018 · +14% YoY
- Net Profit₹6.2 Lakh
FY 2018 · 0% margin
- EBITDA₹6.15 Cr
FY 2018 · 4% margin
- Employee Count90
Associated legal entities of Paramount Wheels
Paramount Wheels operates through Paramount Wheels Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paramount Wheels Private Limited CIN U50102MH2010PTC210802 | Under Liquidation | 08 Dec 2010 | Thane, Maharashtra | ₹174 Cr | 90 | 2 | View details |
Board of directors of Paramount Wheels Private Limited (Paramount Wheels)
Paramount Wheels Private Limited is the primary company behind Paramount Wheels. The board of Paramount Wheels Private Limited currently have 2 directors; the longest-serving is Rajeev Jagmohan Arora, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajeev Jagmohan Arora DIN 00216478 | Director | 01 Mar 2012 | 14 yrs 7 mo | Paramount Wheels Private Limited |
| Nandkishor Shravan Dhamane DIN 08411287 | Additional Director | 03 Apr 2019 | 7 yrs 6 mo | Paramount Wheels Private Limited |
Financials of Paramount Wheels
Figures of Paramount Wheels Private Limited, the primary company behind Paramount Wheels, for FY 2018. Revenue was ₹174 Cr (+14% year on year). Net profit was ₹6.2 Lakh (0% margin). EBITDA was ₹6.15 Cr (4% margin). Revenue has grown at a compounded annual rate of +20% over three years.
- ₹174 CrRevenue · FY 2018 · +14% YoY
- ₹6.2 LakhNet profit · 0% margin
- ₹6.15 CrEBITDA · 4% margin
- ₹6.20 CrPaid-up capital
- 90Employees (provident fund records)
- +20%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Paramount Wheels Private Limited are on its company page.
Detailed financial statements for Paramount Wheels
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Similar companies to Paramount Wheels
Paramount Wheels has 3 listed similar companies in our database, 3 of them funded. They include CarDekho, CarWale and Droom.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cardekho.com | 2008 | Jaipur, India | $60M | 2,381 | Retailer of new automobiles, used vehicles, and related automotive news | |
| carwale.com | 2003 | Mumbai, India | $5.89M | 1,150 | Second-hand cars are listed online to connect buyers and sellers. | |
| droom.in | 2014 | Gurugram, India | $344.27M | 156 | Used vehicles are bought and sold through an AI platform. |
Detailed similar companies of Paramount Wheels
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Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as Paramount Wheels (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Frequently Asked Questions about Paramount Wheels
Paramount Wheels was founded in 2010.
Paramount Wheels is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Paramount Wheels has 90 employees.
The primary company behind Paramount Wheels, Paramount Wheels Private Limited, reported revenue of ₹174 Cr for FY 2018, up 14% year on year.
Paramount Wheels offers comprehensive automotive vehicle dealership services through dealing with automotive parts, dealership, vehicle sales, and providing essential services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Paramount Wheels operates through Paramount Wheels Private Limited.
The legal entities of Paramount Wheels currently have 2 directors, including Rajeev Jagmohan Arora, Nandkishor Shravan Dhamane.