About Paramount Wheels Private Limited
Data last updated: 25 July 2025
Paramount Wheels Private Limited is a private limited company based in Thane, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in automobile dealership and trading, a part of the broader automotive sector. Incorporated on 08 December 2010, the company has been in operation for over 16 years.
Registered with ROC Mumbai under CIN U50102MH2010PTC210802.
Capital: an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.2 Cr. It is led by directors Rajeev Jagmohan Arora and Nandkishor Shravan Dhamane.
Last AGM: 29 September 2018. Financial statements filed for year ended 31 March 2018. Office: Thane, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹174.31 Cr, a growth of 14% compared to the previous year.
The company has a workforce of approximately 90 employees as per the latest available data.
The company is associated with 1 brand - Paramount Wheels. As per MCA filings, the company has open charges of ₹33.5 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is paramountwheels.in.
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Registered AddressBhanji Udyog Nagar Next To Ajit Palace Hotel Penkar Pada Opp Golden Chemical Mira Ro, Ad(E), Thane, Maharashtra, India – 401104
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IndustryAutomotive, Auto Dealership & Trading
- 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 Paramount Wheels Private Limited
Paramount Wheels Private Limited operates one associated brand: Paramount Wheels. These brands represent Paramount Wheels Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive automotive vehicle dealership services. | paramountwheels.in |
Competitors & Alternatives of Paramount Wheels Private Limited
Brands and companies operating in the same space as Paramount Wheels Private Limited include CarWale, CarDekho, Droom and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
CarWale
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Second-hand cars are listed online to connect buyers and sellers. | Mumbai, India, India | 2003 |
CarDekho
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Retailer of new automobiles, used vehicles, and related automotive news | Jaipur, India, India | 2008 |
Droom
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Used vehicles are bought and sold through an AI platform. | Gurugram, India, India | 2014 |
Popular Vehicles & Services
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Car dealership group | Kochi, India, India | 1983 |
COYOTE
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Integrated solutions for fleet management and vehicle tracking | Suresnes, France, France | 2005 |
ZigWheels
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Online portal to find new and used car deals | Jaipur, India, India | 2008 |
Carnation
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Online listing portal to buy new and used cars along with car service | Noida, India, India | 2008 |
Pendragon
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Car dealership, repair, and leasing services are provided. | Nottingham, United Kingdom, United Kingdom | 1989 |
SAMIL
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App-based bidding for used vehicles and equipment is enabled. | Delhi, India, India | 2011 |
Business Activity of Paramount Wheels Private Limited
Paramount Wheels Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Paramount Wheels Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Paramount Wheels Private Limited
Paramount Wheels Private Limited is audited by Y K C & COMPANY for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y K C & COMPANY | Locked | Locked | Locked |
Complete auditor history for Paramount Wheels Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Paramount Wheels Private Limited
Paramount Wheels Private Limited is currently managed by 2 directors, with 3 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 |
|---|---|---|---|---|
|
Rajeev Jagmohan Arora
Also directs:
Luxomoda Private Limited, Yellow Drive Technologies Private Limited, Pennyperword Private Limited and 1 more
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Director | 01 Mar 2012 | 14 Years 4 Months | As last reported |
| Nandkishor Shravan Dhamane | Additional Director | 03 Apr 2019 | 7 Years 3 Months | As last reported |
Financials of Paramount Wheels Private Limited FY 2018 filings available
Paramount Wheels Private Limited reported revenue of ₹174.31 Cr (up 14.00% YoY) for FY 2018.
Ten-year financial statements for Paramount Wheels Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Paramount Wheels Private Limited
Shareholding and ownership data for Paramount Wheels Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Paramount Wheels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2018 | Others | ₹7 Cr | Open |
| 25 Mar 2011 | State Bank of India | ₹26.5 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Paramount Wheels Private Limited
Paramount Wheels Private Limited has a workforce of 90 employees as of Apr 07, 2024.
Employee and EPFO history for Paramount Wheels Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Paramount Wheels Private Limited
GST registrations and filing compliance for Paramount Wheels Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Paramount Wheels Private Limited
Credit ratings, litigation, and regulatory alerts for Paramount Wheels Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Paramount Wheels Private Limited
MSME payment history for Paramount Wheels Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Paramount Wheels Private Limited
Corporate group structure for Paramount Wheels Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Paramount Wheels Private Limited
MCA filings and documents for Paramount Wheels Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Paramount Wheels Private Limited
Frequently Asked Questions about Paramount Wheels Private Limited
Paramount Wheels Private Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Paramount Wheels Private Limited is a company under liquidation, formerly operating as a private limited company in the automotive sector based in Thane, Maharashtra, India. It was incorporated on 08 December 2010 and is registered under CIN U50102MH2010PTC210802. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Paramount Wheels Private Limited reported revenue of ₹174.31 Cr for FY 2018 (up 14.00% YoY).
The current directors of Paramount Wheels Private Limited are:
- Rajeev Jagmohan Arora - Director
- Nandkishor Shravan Dhamane - Additional Director
The CIN (Corporate Identification Number) of Paramount Wheels Private Limited is U50102MH2010PTC210802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramount Wheels Private Limited has open charges of ₹33.5 Cr and no satisfied charges on record as per latest MCA filings.