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
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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 I. 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 2025, with the balance sheet filed on 31 March 2025. 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.90 Cr
  • Company Age 38 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • 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 2026-2027

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Sanjay Rashiklal Kacheria Managing Director 23 Feb 1994 Current
Paresh Rashiklal Kacheria Director 23 Feb 1994 Current
Rahil Sanjay Kacheria Director 12 Feb 2024 Current
Ajay Pratapray Shanghavi Director 21 Mar 2025 Current
Satya Paresh Kacheria Director 17 Jan 2021 Current
Parvindar Singh Baldev Vedang Director 30 Apr 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Apr 2024 Past
Pramod Abcsdd Director 01 Oct 2014 Past
Pramod Abcsdd Whole-Time Director 01 Jan 2020 Past
Pramod Abcsdd Director 17 Jan 2021 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
09 May 2024 Bank Of India ₹15.57 Cr Open
29 Mar 2023 Others ₹5.90 Cr Open
05 Oct 2021 Hdfc Bank Limited ₹39.00 Cr Open
09 Jul 2020 Others ₹0.57 M Open
24 Sep 2019 Others ₹8.35 Cr Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Neo Wheels(Cn)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Neo Wheels Limited (Cn) last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • 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.

  • Balance Sheet

    The activity Neo Wheels Limited (Cn) has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was completed.

  • Director Appointment

    Progress on Ajay Pratapray Shanghavi was appointed as a Director was appointed as a Director on 21 Mar 2025 & has been associated with this company since 1 year 11 days . was documented.

  • Charges

    A charge with Bank Of India amounted to Rs. 15.57 Cr with Charge ID 100920497 was registered on 09 May 2024. was recorded as a recent event.

  • Director Appointment

    Progress on 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 11 months . was documented.

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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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