Novelty Wheels Private Limited - Company Profile

It is a automotive private limited company based in Amritsar, Punjab, India, established in 2017.
2017 Amritsar, Punjab, India Active
Last Updated:
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About Novelty Wheels Private Limited

Novelty Wheels Private Limited, a active private limited company, was established on 07 July 2017 in Amritsar, Punjab, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50404PB2017PTC046703. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹8.00 Cr.

It upholds a compliant status. Employing 58 professional, Its leadership includes Luvtesh Singh (Director), Amitesh Singh (Director). It holds ₹152.11 Cr open charges and ₹6.05 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at First Floor, Novelty Hyundai, Near New Amritsar, G.T. Road, Amritsar, Punjab, 143001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U50404PB2017PTC046703

  • Registration Number

    046703

  • Incorporation Date

    07 July 2017

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹8.00 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 152.11 Cr
  • Satisfied Charges ₹ 6.05 Cr
  • Revenue Growth **** 113.90%
  • Profit Growth **** 94.32%
  • Ebitda **** 67.02%
  • Net Worth 27.86%
  • Total Assets -0.03%
Company report

Novelty Wheels Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Novelty Wheels Private Limited — 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 Novelty Wheels Private Limited?
Current Directors
Name Designation Appointment Date Status
Luvtesh Singh Director 07 Jul 2017 Current
Amitesh Singh Director 07 Jul 2017 Current

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Financial Performance of Novelty Wheels.

Novelty Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 113.9% increase. The company also saw a substantial improvement in profitability, with a 94.32% increase in profit. The company's net worth Soared by an impressive increase of 27.86%.

Novelty Wheels revenue growth over time
Novelty Wheels 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
********
 113.90%
*******
*******
*******
*******
Revenue from Operations
*******
 113.90%
*******
*******
*******
*******
Total Assets
*******
 -0.03%
*******
*******
*******
*******
Profit or Loss
*******
 94.32%
*******
*******
*******
*******
Net Worth
*******
 27.86%
*******
*******
*******
*******
EBITDA
*******
 67.02%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Novelty Wheels?

In 2023, Novelty Wheels had a promoter holding of 83.80% and a public holding of 16.20%. 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

₹1,521,082,457.00

Satisfied Charges

₹60,543,442.00

Charges Breakdown by Lending Institutions
  • Others : 67.06 Cr
  • State Bank Of India : 29.00 Cr
  • Hdfc Bank Limited : 24.00 Cr
  • Yes Bank Limited : 20.00 Cr
  • Axis Bank Limited : 12.00 Cr
  • Others : 0.05 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 2025 Others ₹25.00 Cr Open
21 Feb 2025 Others ₹27.00 Cr Open
19 Feb 2025 Axis Bank Limited ₹12.00 Cr Open
29 Nov 2024 Yes Bank Limited ₹20.00 Cr Open
28 Sep 2024 Others ₹10.00 Cr Open

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How Many Employees Work at Novelty Wheels?

Novelty Wheels has a workforce of 58 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Novelty Wheels, 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 Novelty Wheels'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 Novelty Wheels
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101189784 was registered on 30 Oct 2025. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 24.00 Cr registered on 28 Aug 2022 with Charge ID 100610261 was modified on 01 Sep 2025. was completed.

  • Charges

    The activity A charge with Others of Rs. 27.00 Cr registered on 21 Feb 2025 with Charge ID 101097295 was modified on 20 Aug 2025. was completed.

  • Charges

    A charge with State Bank Of India of Rs. 29.00 Cr registered on 28 Feb 2024 with Charge ID 100886188 was modified on 04 Mar 2025. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 27.00 Cr with Charge ID 101097295 was registered on 21 Feb 2025. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 12.00 Cr with Charge ID 101061915 was registered on 19 Feb 2025. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Novelty Wheels Private Limited?

The CIN of Novelty Wheels Private Limited is U50404PB2017PTC046703.

Where is Novelty Wheels Private Limited headquartered?

Novelty Wheels Private Limited is headquartered at First Floor, Novelty Hyundai, Near New Amritsar, G.T. Road, Amritsar, Punjab, 143001.

When was Novelty Wheels Private Limited incorporated?

Novelty Wheels Private Limited was incorporated on 07 July 2017.

Who are the current directors of Novelty Wheels Private Limited?

The current directors of Novelty Wheels Private Limited are

What is the primary industry of Novelty Wheels Private Limited?

The primary industry of Novelty Wheels Private Limited is Trade.

Is Novelty Wheels Private Limited a listed company?

Novelty Wheels Private Limited is unlisted.

What is the capital structure of Novelty Wheels Private Limited?

The authorized capital of Novelty Wheels Private Limited is ₹10.00 Cr, and the paid-up capital is ₹8.00 Cr.

What is the compliance status of Novelty Wheels Private Limited?

The compliance status of Novelty Wheels Private Limited is Compliant.

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