Neo Wheels Limited (Cn) Company Logo

Neo Wheels Limited (Cn) - Company Profile

It is a automotive public limited company based in Mumbai, Maharashtra, India, established in 1987.

1987 | Mumbai, Maharashtra, India | Active
Last Updated:

About Neo Wheels Limited (Cn)

Neo Wheels Limited (Cn), a active public limited company, was established on 08 April 1987 in Mumbai, Maharashtra, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U28920MH1987PLC043104. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.90 Cr.

Formerly known as Versatile Hitech Consultants And Engineers Ltd. It upholds a compliant status. Its leadership includes Sanjay Rashiklal Kacheria (Managing Director), Paresh Rashiklal Kacheria (Director), Rahil Sanjay Kacheria (Director). Past directors included Mayur Dinesh Parmar, Sanjay Rashiklal Kacheria, Paresh Rashiklal Kacheria. It holds ₹70.88 Cr open charges and ₹62.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 14 Floor,Unit No 3,E Wing,A Block,Trade Link, Kamalcity,Kamala Mills Compound,Lower Pa, Rel (West), Mumbai, Maharashtra, 400013.

Company Details

  • CIN/LLPIN

    U28920MH1987PLC043104

  • Registration Number

    043104

  • Incorporation Date

    08 April 1987

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.90 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.90 Cr
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 70.88 Cr
  • Satisfied Charges ₹ 62.00 Cr
  • Revenue Growth 47.41%
  • Profit Growth 275.95%
  • Ebitda 39.04%
  • Net Worth 10.04%
  • Total Assets 15.32%
Company report

Neo Wheels Limited (Cn)

Company Report FY 2025-2026

Explore comprehensive insights into Neo Wheels Limited (Cn) — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Neo Wheels Limited (Cn)?

Current Directors

NameDesignationAppointment DateStatus
Sanjay Rashiklal KacheriaManaging Director23 Feb 1994Current
Paresh Rashiklal KacheriaDirector23 Feb 1994Current
Rahil Sanjay KacheriaDirector12 Feb 2024Current
Ajay Pratapray ShanghaviDirector21 Mar 2025Current
Satya Paresh KacheriaDirector17 Jan 2021Current
Parvindar Singh Baldev VedangDirector30 Apr 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Apr 2024Past
Pramod AbcsddDirector01 Oct 2014Past
Pramod AbcsddWhole-Time Director01 Jan 2020Past
Pramod AbcsddDirector17 Jan 2021Past
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddAdditional Director30 Nov 2021Past

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Financial Performance of Neo Wheels(Cn).

Neo Wheels Limited (Cn), for the financial year ended 2023, experienced significant growth in revenue, with a 47.41% increase. The company also saw a substantial improvement in profitability, with a 275.95% increase in profit. The company's net worth Soared by an impressive increase of 10.04%.

Neo Wheels(Cn) revenue growth over time
Neo Wheels(Cn) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
47.41%
Revenue from Operations
49.47%
Total Assets
15.32%
Profit or Loss
275.95%
Net Worth
10.04%
EBITDA
39.04%

What is the Ownership and Shareholding Structure of Neo Wheels(Cn)?

In 2023, Neo Wheels(Cn) had a promoter holding of 69.48% and a public holding of 30.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹708,771,000.00

Satisfied Charges

₹619,950,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 39.00 Cr
  • Others : 16.31 Cr
  • Bank Of India : 15.57 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2024Bank Of India₹15.57 CrOpen
29 Mar 2023Others₹5.90 CrOpen
05 Oct 2021Hdfc Bank Limited₹39.00 CrOpen
09 Jul 2020Others₹0.57 MOpen
24 Sep 2019Others₹8.35 CrOpen

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How Many Employees Work at Neo Wheels(Cn)?

Unlock and access historical data on people associated with Neo Wheels(Cn), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Neo Wheels Limited (Cn)

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neo Wheels(Cn), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Neo Wheels(Cn)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Neo Wheels(Cn)

Recent Activity within the Organization

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 39.00 Cr registered on 05 Oct 2021 with Charge ID 100494508 was modified on 11 Sep 2025. was completed.

  • Director Appointment

    The activity Ajay Pratapray Shanghavi was appointed as a Director was appointed as a Director on 21 Mar 2025 & has been associated with this company since 8 months 12 days . was completed.

  • Annual General Meeting

    Progress on Neo Wheels Limited (Cn) last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Bank Of India amounted to Rs. 15.57 Cr with Charge ID 100920497 was registered on 09 May 2024. was completed.

  • Director Appointment

    Parvindar Singh Baldev Vedang was appointed as a Director was appointed as a Director on 30 Apr 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.

  • Balance Sheet

    Neo Wheels Limited (Cn) has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Neo Wheels Limited (Cn)?

    The CIN of Neo Wheels Limited (Cn) is U28920MH1987PLC043104.

  • Where is Neo Wheels Limited (Cn) headquartered?

    Neo Wheels Limited (Cn) is headquartered at 14 Floor,Unit No 3,E Wing,A Block,Trade Link, Kamalcity,Kamala Mills Compound,Lower Pa, Rel (West), Mumbai, Maharashtra, 400013.

  • When was Neo Wheels Limited (Cn) incorporated?

    Neo Wheels Limited (Cn) was incorporated on 08 April 1987.

  • Who are the current directors of Neo Wheels Limited (Cn)?

    The current directors of Neo Wheels Limited (Cn) are

  • What is the primary industry of Neo Wheels Limited (Cn)?

    The primary industry of Neo Wheels Limited (Cn) is Manufacturing.

  • Is Neo Wheels Limited (Cn) a listed company?

    Neo Wheels Limited (Cn) is unlisted.

  • What is the capital structure of Neo Wheels Limited (Cn)?

    The authorized capital of Neo Wheels Limited (Cn) is ₹4.00 Cr, and the paid-up capital is ₹3.90 Cr.

  • What is the compliance status of Neo Wheels Limited (Cn)?

    The compliance status of Neo Wheels Limited (Cn) is Compliant.

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