About Prem Wheels
Prem Wheels is a Transportation, Automotive & Logistics company based in Mathura (India) founded in 2018. Kia designs manufactures sells vehicles with innovative technology and safety features. It operates on a B2C and D2C model. The company has 103 employees. Its Indian entity Prem Wheels Private Limited reported revenue of ₹163 Cr. Prem Wheels offers products and services including Seltos, Syros, Sonet, Carens, and EV6. Its focus areas include Consumer, Automotive, Passenger Vehicles and SUVs and Sedans. Similar companies include Popular Vehicles & Services, MG Motor India and TVS Mobility; 1 of its 3 listed similar companies has raised funding.
Company details
Kia India Pvt. Limited manufactures and distributes a range of passenger vehicles, including SUVs and sedans, focusing on advanced technology and fuel efficiency. The company operates through dealerships like Prem Kia in Mathura, offering features such as smart connectivity and safety systems. It serves consumers in India with options for electric and traditional models, emphasizing performance, comfort, and sustainability in its product lineup.
- Headquarters Mathura, India
- Employees 103
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website prem-wheels-mathura-kia.com
- Legal Name Prem Wheels Private Limited
- Date of Incorporation 19 Jun, 2018
- Jurisdiction Agra, Uttar Pradesh, India
- Annual Revenue₹163 Cr
FY 2023 · +39% YoY
- Net Profit₹2.94 Cr
FY 2023 · 2% margin
- EBITDA₹5.21 Cr
FY 2023 · 3% margin
- Employee Count103
Associated legal entities of Prem Wheels
Prem Wheels operates through Prem Wheels Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prem Wheels Private Limited CIN U74999UP2018PTC105498 | Active | 19 Jun 2018 | Agra, Uttar Pradesh | ₹163 Cr | 103 | 6 | View details |
Products & Services of Prem Wheels
Prem Wheels offers a comprehensive portfolio of products and services, including Seltos, Syros, Sonet, Carens, and EV6.
Compact SUV offering advanced safety and performance features
Futuristic SUV with efficient design and connectivity options
Subcompact SUV focused on urban mobility and fuel efficiency
Multi-purpose vehicle with family-oriented comfort and safety
Electric SUV providing sustainable and high-tech driving experience
Luxury multi-purpose vehicle for enhanced comfort and space
Board of directors of Prem Wheels Private Limited (Prem Wheels)
Prem Wheels Private Limited is the primary company behind Prem Wheels. The board of Prem Wheels Private Limited currently have 6 directors; the longest-serving is Gaurav Bansal, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gaurav Bansal DIN 02288677 | Director | 19 Jun 2018 | 8 yrs 4 mo | Prem Wheels Private Limited |
| Ashutosh Bansal DIN 02691884 | Director | 19 Jun 2018 | 8 yrs 4 mo | Prem Wheels Private Limited |
| Sanjay Bansal DIN 01659354 | Managing Director | 15 Mar 2023 | 3 yrs 7 mo | Prem Wheels Private Limited |
| Richa Bansal DIN 03534087 | Director | 22 May 2023 | 3 yrs 5 mo | Prem Wheels Private Limited |
| Prachi Bansal DIN 03462511 | Director | 22 May 2023 | 3 yrs 5 mo | Prem Wheels Private Limited |
| Ajay Bansal DIN 00665508 | Director | 14 Nov 2025 | 11 mo | Prem Wheels Private Limited |
Financials of Prem Wheels
Figures of Prem Wheels Private Limited, the primary company behind Prem Wheels, for FY 2023. Revenue was ₹163 Cr (+39% year on year). Net profit was ₹2.94 Cr (2% margin). EBITDA was ₹5.21 Cr (3% margin). Revenue has grown at a compounded annual rate of +42% over three years.
- ₹163 CrRevenue · FY 2023 · +39% YoY
- ₹2.94 CrNet profit · 2% margin
- ₹5.21 CrEBITDA · 3% margin
- ₹2.00 CrPaid-up capital
- 103Employees (provident fund records)
- +42%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Prem Wheels Private Limited are on its company page.
Detailed financial statements for Prem Wheels
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Prem Wheels
Prem Wheels has 3 listed similar companies in our database, 1 of them funded. They include Popular Vehicles & Services, MG Motor India and TVS Mobility.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| popularmaruti.com | 1983 | Kochi, India | $14M | 6,105 | Car dealership group | |
| mgmotor.co.in | 2017 | Gurugram, India | 2,513 | Manufacturer of passenger vehicles and electric cars | ||
| tvs.in | 1911 | Madurai, India | 125 | Dealership services for automotive vehicle sales are provided in India. |
Detailed similar companies of Prem Wheels
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Prem Wheels (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about Prem Wheels
Prem Wheels was founded in 2018.
Prem Wheels is headquartered in Mathura, India. It is registered at Mathura, Uttar Pradesh, India.
Prem Wheels has 103 employees.
The primary company behind Prem Wheels, Prem Wheels Private Limited, reported revenue of ₹163 Cr for FY 2023, up 39% year on year.
Kia India Pvt. Limited manufactures and distributes a range of passenger vehicles, including SUVs and sedans, focusing on advanced technology and fuel efficiency. The company operates through dealerships like Prem Kia in Mathura, offering features such as smart connectivity and safety systems. It serves consumers in India with options for electric and traditional models, emphasizing performance, comfort, and sustainability in its product lineup.
Prem Wheels's top competitors include Popular Vehicles & Services, MG Motor India and TVS Mobility.
Prem Wheels offers Seltos, Syros, Sonet, Carens, and 2 more products and services.
Prem Wheels operates through Prem Wheels Private Limited.
The legal entities of Prem Wheels currently have 6 directors, including Sanjay Bansal, Gaurav Bansal, Richa Bansal and others.