About Neo Wheels Limited (Cn)
Data last updated: 06 March 2026
Neo Wheels Limited (Cn) is a public limited company based in Mumbai, Maharashtra, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 08 April 1987, the company has been in operation for over 39 years.
Registered with ROC Mumbai under CIN U28920MH1987PLC043104.
Capital: an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.9 Cr. Formerly known as Versatile Hitech Consultants and Engineers Ltd. It is led by directors including Sanjay Rashiklal Kacheria and Paresh Rashiklal Kacheria.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹119.52 Cr, a growth of 17% compared to the previous year.
The company is associated with 1 brand - Neo Wheels. As per MCA filings, the company has open charges of ₹70.88 Cr and satisfied charges of ₹62 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neowheels.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address14 Floor Unit No 3 E Wing A Block Trade Link Kamalcity Kamala Mills Compound Lower Pa, Rel (West), Mumbai, Maharashtra, India – 400013
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Neo Wheels Limited (Cn)
Neo Wheels Limited (Cn) operates one associated brand: Neo Wheels. These brands represent Neo Wheels Limited (Cn)'s diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Aluminum alloy wheels are manufactured for electric bikes and scooters. | neowheels.com |
Competitors & Alternatives of Neo Wheels Limited (Cn)
Brands and companies operating in the same space as Neo Wheels Limited (Cn) include Steel Strips Wheels, Dymag, Accuride Corporation and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Steel Strips Wheels
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Steel wheels and auto components are manufactured for vehicles. | Chandigarh, India, India | 1991 |
Dymag
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Manufacturer of carbon fibre wheels | Chippenham, United Kingdom, United Kingdom | 2012 |
Accuride Corporation
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Wheels and wheel-end components are manufactured for OEMs. | Evansville, United States, United States | 1986 |
Superior Industries
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Aluminum wheels are manufactured and supplied to OEMs and aftermarket. | Southfield, United States, United States | 1957 |
Vaculug
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Automotive tyres are manufactured by Vaculug in the United Kingdom. | Grantham, United Kingdom, United Kingdom | 1950 |
IOCHPE-MAXION
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Steel and aluminium wheels for automotives are manufactured and supplied. | Sao Paulo, Brazil, Brazil | 1918 |
Carbon Revolution
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Limited information available | Waurn Ponds, Australia, Australia | 2004 |
Maxion Wheels
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Manufacturer & supplier of automotive wheels to OEMs | Novi, United States, United States | 1908 |
Trelleborg Tires
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Trelleborg Tires is engaged in manufacturing tire and wheel solutions. | Rome, Italy, Italy | 2022 |
Rimstock
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Alloy wheels are manufactured and supplied to OEMs and aftermarket. | West Bromwich, United Kingdom, United Kingdom | 1985 |
Business Activity of Neo Wheels Limited (Cn)
Neo Wheels Limited (Cn) is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | ********* |
Auditor Details of Neo Wheels Limited (Cn)
Neo Wheels Limited (Cn) is audited by P.M. DHARIA & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.M. DHARIA & CO. | blur-value | blur-value | blur-value |
Board of Directors of Neo Wheels Limited (Cn)
Neo Wheels Limited (Cn) is currently managed by 6 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sanjay Rashiklal Kacheria
Also directs:
Sharda Wheels Private Limited
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Managing Director | 23 Feb 1994 | 32 Years 4 Months | Current |
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Paresh Rashiklal Kacheria
Also directs:
Sharda Wheels Private Limited
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Director | 23 Feb 1994 | 32 Years 4 Months | Current |
| Rahil Sanjay Kacheria | Director | 12 Feb 2024 | 2 Years 5 Months | Current |
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Ajay Pratapray Shanghavi
Also directs:
Select Global Solutions Llp, Responsive Industries Limited, Ashika Credit Capital Limited and 5 more
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Director | 21 Mar 2025 | 1 Years 3 Months | Current |
| Satya Paresh Kacheria | Director | 17 Jan 2021 | 5 Years 5 Months | Current |
| Parvindar Singh Baldev Vedang | Director | 30 Apr 2024 | 2 Years 2 Months | Current |
Financials of Neo Wheels Limited (Cn) FY 2025 filings available
Neo Wheels Limited (Cn) reported revenue of ₹119.52 Cr (up 17% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Neo Wheels Limited (Cn)
As of FY 2023, Neo Wheels Limited (Cn)'s shareholding pattern shows 69.48% by promoters, 30.52% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Neo Wheels Limited (Cn)
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2024 | Bank of India | ₹15.57 Cr | Open |
| 29 Mar 2023 | Others | ₹5.9 Cr | Open |
| 05 Oct 2021 | Hdfc Bank Limited | ₹39 Cr | Open |
| 09 Jul 2020 | Others | ₹5.71 Lakh | Open |
| 24 Sep 2019 | Others | ₹8.35 Cr | Open |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Neo Wheels Limited (Cn)
View historical data on people associated with Neo Wheels Limited (Cn), including employment history and EPFO contributions.
Employee Count & EPFO Data of Neo Wheels Limited (Cn)
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GST Compliance of Neo Wheels Limited (Cn)
GSTIN & GST Filing Data of Neo Wheels Limited (Cn)
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Credit Ratings, Litigation & Regulatory Alerts for Neo Wheels Limited (Cn)
Credit Ratings, Legal Cases & Regulatory Alerts of Neo Wheels Limited (Cn)
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MSME Payment Delays by Neo Wheels Limited (Cn)
MSME Payment Delays by Neo Wheels Limited (Cn)
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Neo Wheels Limited (Cn)
Subsidiaries & Group Companies of Neo Wheels Limited (Cn)
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Neo Wheels Limited (Cn) with ownership details.
MCA Filings & Documents of Neo Wheels Limited (Cn)
MCA Filings & Documents of Neo Wheels Limited (Cn)
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Recent Activity on Neo Wheels Limited (Cn)
Frequently Asked Questions about Neo Wheels Limited (Cn)
Neo Wheels Limited (Cn) is an active public limited company in the automotive sector based in Mumbai, Maharashtra, India. It was incorporated on 08 April 1987 (39+ years old) and is registered under CIN U28920MH1987PLC043104.
Neo Wheels Limited (Cn) reported revenue of ₹119.52 Cr for FY 2025 (up 17.00% YoY).
The current directors of Neo Wheels Limited (Cn) are:
The primary industry of Neo Wheels Limited (Cn) is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Neo Wheels Limited (Cn) can be reached at the registered office: 14 Floor Unit No 3 E Wing A Block Trade Link Kamalcity Kamala Mills Compound Lower Pa, Rel West, Mumbai, Maharashtra, India – 400013, or through the website neowheels.com.
The authorised capital is ₹4 Cr, and the paid-up capital is ₹3.9 Cr.