Novelty Wheels Private Limited Company Logo

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:

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 ₹127.11 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

  • 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 Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 127.11 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 2025-2026

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

NameDesignationAppointment DateStatus
Luvtesh SinghDirector07 Jul 2017Current
Amitesh SinghDirector07 Jul 2017Current

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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
  • 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%

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 Indicator graph

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Charges (Loans)

Open Charges

₹1,271,082,457.00

Satisfied Charges

₹60,543,442.00

Charges Breakdown by Lending Institutions

  • Others : 42.06 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

DateLenderAmountStatus
21 Feb 2025Others₹27.00 CrOpen
19 Feb 2025Axis Bank Limited₹12.00 CrOpen
29 Nov 2024Yes Bank Limited₹20.00 CrOpen
28 Sep 2024Others₹7.63 MOpen
28 Sep 2024Others₹4.84 MOpen

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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 growth trends for Novelty Wheels Private Limited

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.

Latest Updates, News, and FAQs on Novelty Wheels

Recent Activity within the Organization

  • Charges

    Progress on 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 documented.

  • Charges

    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 recorded as a recent event.

  • Charges

    The activity 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 completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 27.00 Cr with Charge ID 101097295 was registered on 21 Feb 2025. was documented.

  • 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.

  • Charges

    The activity A charge with Yes Bank Limited amounted to Rs. 20.00 Cr with Charge ID 101014024 was registered on 29 Nov 2024. was completed.

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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