About Steel Strips Wheels
Steel Strips Wheels is a company based in Chandigarh (India) founded in 1991.. The company has 10,480 employees as of March 31, 2024. Steel Strips Wheels operates in a competitive market with competitors including Accuride Corporation, Dymag, Superior Industries, IOCHPE-MAXION and Rimstock, among others.
- Headquarter Chandigarh, India
- Employees 10480 as on 31 Mar, 2024
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Steel Strips Wheels Ltd
-
Annual Revenue
$517.01 M (USD)1.7as on Mar 31, 2025
-
Net Profit
$22.82 M (USD)-71.06as on Mar 31, 2025
-
EBITDA
$57.35 M (USD)4.48as on Mar 31, 2025
-
Latest Funding Round
- Investors
-
Employee Count
10480
as on Mar 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Steel Strips Wheels
Steel Strips Wheels is a publicly listed company on the NSE with ticker symbol SSWL in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Steel Strips Wheels
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2008 | Amount | Post-IPO - Steel Strips Wheels | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Steel Strips Wheels
Steel Strips Wheels has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tata Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Diversified non-banking financial services are provided by Tata Capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Steel Strips Wheels
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Steel Strips Wheels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Steel Strips Wheels Comparisons
Competitors of Steel Strips Wheels
Steel Strips Wheels operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Accuride Corporation, Dymag, Superior Industries, IOCHPE-MAXION and Rimstock, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wheels and wheel-end components are manufactured for OEMs.
|
|
| domain | founded_year | HQ Location |
Manufacturer of carbon fibre wheels
|
|
| domain | founded_year | HQ Location |
Aluminum wheels are manufactured and supplied to OEMs and aftermarket.
|
|
| domain | founded_year | HQ Location |
Steel and aluminium wheels for automotives are manufactured and supplied.
|
|
| domain | founded_year | HQ Location |
Alloy wheels are manufactured and supplied to OEMs and aftermarket.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Steel Strips Wheels
Frequently Asked Questions about Steel Strips Wheels
When was Steel Strips Wheels founded?
Steel Strips Wheels was founded in 1991 and raised its 1st funding round 17 years after it was founded.
Where is Steel Strips Wheels located?
Steel Strips Wheels is headquartered in Chandigarh, India.
Who is the current CEO of Steel Strips Wheels?
Dheeraj Garg is the current CEO of Steel Strips Wheels.
How many employees does Steel Strips Wheels have?
As of Mar 31, 2024, the latest employee count at Steel Strips Wheels is 10,480.
What is the annual revenue of Steel Strips Wheels?
Annual revenue of Steel Strips Wheels is $517.01M as on Mar 31, 2025.
What does Steel Strips Wheels do?
Steel Strips Wheels Ltd. was founded in 1991 and is based in Chandigarh, India. Steel wheels are produced for passenger cars, tractors, commercial vehicles, and off-the-road applications. Operations include three production facilities in India with a combined capacity of 17 million wheels annually. Clients such as JCB, LT, Hyundai, Maruti Suzuki, BMW, Renault-Nissan, and Ssangyong are served. A technology partnership with Ring Techs Co. Ltd. of Japan is maintained.
Who are the top competitors of Steel Strips Wheels?
Steel Strips Wheels's top competitors include Dymag, Accuride Corporation and Superior Industries.
Is Steel Strips Wheels publicly traded?
Yes, Steel Strips Wheels is publicly traded on NSE under the ticker symbol SSWL.
Who are Steel Strips Wheels's investors?
Steel Strips Wheels has 1 investor. Key investors include Tata Capital.
What is Steel Strips Wheels's ticker symbol?
The ticker symbol of Steel Strips Wheels is SSWL on NSE.