About Klassic Wheels Limited
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Klassic Wheels Limited is a public limited company based in Ahmednagar, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 09 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29119PN1994PLC080196. Its GSTIN is 06AABCK3834G1ZR (Haryana). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.49 Cr. It was formerly known as Klassic Wheels Private Limited. It is led by directors including Naresh Hastimal Gugale and Sagar Ramesh Munot.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hirkesh Nearkeshargulabmangalkaryalaya Behindadccbank Stationroad, Ahmednagar, Maharashtra, India – 414001.
As per the financials filed for FY 2025, the company reported a revenue of ₹530.92 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 0.2%) and EBITDA of ₹41.42 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
The company has about 959 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Klassic Wheels. As per MCA filings, the company has open charges of ₹238.18 Cr and satisfied charges of ₹23.41 Cr on record. Court records list 42 cases involving the company, including 12 filed by the company and 30 filed against it; 11 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5 Cr; the latest was in November 2020. The company has 18 MSME Form 1 returns on record between 2019 and 2024, listing 2,557 overdue payments to 93 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website klassicwheels.com.
Company details
CIN history
Klassic Wheels has one previous CIN (Corporate Identification Number): U29119PN1994PTC080196. The current CIN is U29119PN1994PLC080196, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29119PN1994PLC080196 | Current |
| U29119PN1994PTC080196 | Previous |
Contact details
Klassic Wheels Limited's registered office is in Ahmednagar, Maharashtra. Its website is klassicwheels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHirkesh Nearkeshargulabmangalkaryalaya Behindadccbank Stationroad, Ahmednagar, Maharashtra, India – 414001
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Klassic Wheels Limited, buy the company report.
- 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
Brands
Klassic Wheels operates one associated brand: Klassic Wheels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures steel rims for 2, 3, and 4 wheelers and agricultural vehicles globally. | klassicwheels.com |
Business activity
The main business activities of Klassic Wheels are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Klassic Wheels Limited, buy the company report.
Financials of Klassic Wheels Limited
FY 2024 filings availableKlassic Wheels Limited reported revenue of ₹530.92 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 12% growth 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹41.42 Cr | ||||
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| Net Profit (PAT) | ₹1.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Klassic Wheels Limited, buy the company report.
Board of directors of Klassic Wheels Limited
Klassic Wheels has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Hastimal Gugale | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
| Sagar Ramesh Munot Also directs: Monee Spokes Private Limited | Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Ashok Dhanraj Pitale Also directs: Ahmed Nagar Club Limited, Kohinoor Feeds and Fats Private Limited | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Neeraj Amrutlal Munot Also directs: Kaygee Foam Pvt Ltd, Monee Spokes Private Limited | Director | 09 Aug 1994 | 32 Years 2 Months | Current |
| Mohan Nemichand Munot Also directs: Kaygee Foam Pvt Ltd, Monee Spokes Private Limited | Director | 09 Aug 1994 | 32 Years 2 Months | Current |
| Chhaya Ashok Firodia Also directs: Jaihind Agrotech Private Limited, Jaihind Builders Private Limited | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
Auditor
Klassic Wheels Limited is audited by SANJAY M GANDHI & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY M GANDHI & CO | FY 2024 | 160142W |
Shareholding
The shareholding of Klassic Wheels Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Klassic Wheels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2024 | 100872165 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 16 Jan 2023 | 100674026 | Hdfc Bank Limited | ₹55 Cr | Open | |
| 28 Nov 2022 | 100669943 | Others | ₹1.16 Cr | Open | |
| 22 Feb 2022 | 100543923 | Others | ₹15 Cr | Open | |
| 25 Jan 2021 | 100411729 | Hdfc Bank Limited | ₹40 Cr | Open |
To see the full charge records of Klassic Wheels Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Klassic Wheels Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5 Cr; the latest was in November 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2012 | Funding round | ₹3 Cr | Investors: 4 individuals |
| Mar 2009 | Funding round | ₹2 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Klassic Wheels Limited has 42 court cases on record: 12 filed by Klassic Wheels, 30 filed against it. 11 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 22 | 6 |
| High courts | 17 | 8 | 5 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Ltd. Through the Chairman and Managaing Director and 1 other | Pending |
| High Court of Punjab and Haryana | Appeal | Filed against the company by Steel Strips Wheels Ltd and 1 other | Pending |
| High Court, CHANDIGARH (UT) | Revision petition | Filed against the company by Steel Strips Wheels Ltd. and 1 other | Disposed |
| Bombay High Court | Appeal | Filed against the company by Sai Enterprises Through Manager Rakesh Rameshchandra Mehata | Disposed |
| High Court, CHANDIGARH (UT) | Court case (CO) | Filed against the company by Steel Strips Wheels Ltd | Disposed |
To see the full case history of Klassic Wheels Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Klassic Wheels Limited was last rated by Icra on 06 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Oct 2021 |
To see the full credit ratings and regulatory alerts of Klassic Wheels Limited, buy the company report.
MSME payment delays
Klassic Wheels Limited has 18 MSME Form 1 returns on record between 2019 and 2024, listing 2,557 overdue payments to 93 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 93)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| CMW Co2 Technologies Private Limited | |||
| Vimal Iron Private Limited | |||
| Venlub Petro Products Private Limited |
To see the full MSME payment records of Klassic Wheels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Klassic Wheels Limited has a workforce of 959 employees on its EPFO records as of Oct 19, 2025, across 1 active EPFO establishment.
GST
Klassic Wheels has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCK3834G1ZR | Haryana | Active | 01 Jul 2017 |
| 24AABCK3834G1ZT | Gujarat | Active | 01 Jul 2017 |
| 27AABCK3834G1ZN | Maharashtra | Active | 01 Jul 2017 |
| 29AABCK3834G1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Klassic Wheels Limited, buy the company report.
Recent activity
Klassic Wheels Limited has 16 board changes on record since 1994: 9 appointments and 7 cessations. The latest: Chhaya Ashok Firodia was appointed as Director on 30 Sep 2023.
54 earlier events are in the company report.
Frequently asked questions
Klassic Wheels is an active public limited company based in Ahmednagar, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 09 August 1994 (32+ years old) and is registered under CIN U29119PN1994PLC080196.
Klassic Wheels has 8 current directors:
- Naresh Hastimal Gugale - Director
- Sagar Ramesh Munot - Director
- Ashok Dhanraj Pitale - Director
- Neeraj Amrutlal Munot - Director
- Mohan Nemichand Munot - Director
- Chhaya Ashok Firodia - Director
- Sunil Shantilal Munot - Director
- Gaurav Vijay Chattur - Director
The latest financial statements of Klassic Wheels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Klassic Wheels is 06AABCK3834G1ZR, registered in Haryana. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 24AABCK3834G1ZT (Gujarat), 27AABCK3834G1ZN (Maharashtra), 29AABCK3834G1ZJ (Karnataka).
The CIN (Corporate Identification Number) of Klassic Wheels is U29119PN1994PLC080196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Klassic Wheels has 42 court cases on record: 12 filed by the company and 30 filed against it. 11 are pending. Most are in the district courts.
Klassic Wheels was incorporated on 09 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
Klassic Wheels has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5 Cr; the latest was in November 2020.
Chhaya Ashok Firodia was appointed as Director on 30 Sep 2023. Kushal Sunil Munot ceased to be Additional Director on 28 Sep 2023. Gaurav Vijay Chattur ceased to be Additional Director on 29 Sep 2022. Klassic Wheels has 16 board changes on record in total.
Klassic Wheels has 18 MSME Form 1 returns on record between 2019 and 2024, listing 2,557 overdue payments to 93 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Klassic Wheels can be reached through the website klassicwheels.com. Its registered office is in Ahmednagar, Maharashtra, India.