About Salasar Wheels Private Limited
Data last updated:
Salasar Wheels Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 23 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U50401MH1995PTC089881. Its GSTIN is 27AACCR4086N1ZU (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Raja Rubbers and Tubes Private Limited. It is led by directors including Govardhan Motilal Bihani and Sharda Govardhan Bihani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P. No. G/9 MIDC Ahmednagar, Maharashtra, India – 414111.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.52 Lakh (net margin -55.2%) and EBITDA of ₹3.74 Lakh (EBITDA margin 81.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 70% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹11.79 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salasargroup.in.
Company details
CIN history
Salasar Wheels has one previous CIN (Corporate Identification Number): U15111MH1995PTC089881. The current CIN is U50401MH1995PTC089881, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50401MH1995PTC089881 | Current |
| U15111MH1995PTC089881 | Previous |
Contact details
Salasar Wheels Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is salasargroup.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressP. No. G/9 MIDC Ahmednagar, Maharashtra, India – 414111
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Salasar Wheels Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Salasar Wheels is other service activities. In detail, this covers activities of membership organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations |
To see the full business activity and turnover split of Salasar Wheels Private Limited, buy the company report.
Financials of Salasar Wheels Private Limited
FY 2025 filings availableSalasar Wheels Private Limited reported revenue of ₹4.57 Lakh (up 9145% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.52 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.9% | ||||
| Net Profit Margin | -55.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Salasar Wheels Private Limited, buy the company report.
Board of directors of Salasar Wheels Private Limited
Salasar Wheels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govardhan Motilal Bihani Also directs: Mona Rasayan Industries Private Limited | Director | 23 Jun 1995 | 31 Years 4 Months | Current |
| Sharda Govardhan Bihani | Director | 01 May 2001 | 25 Years 5 Months | Current |
| Bhushan Govardan Bihani | Director | 30 Jan 2010 | 16 Years 8 Months | Current |
Auditor
Salasar Wheels Private Limited is audited by D K KALE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K KALE & CO | FY 2020 | 127994W |
Shareholding
The shareholding of Salasar Wheels Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Salasar Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2015 | 10569345 | Ford Credit India Private Limited | ₹10.9 Cr | Satisfied | |
| 20 Jan 2010 | 10202300 | Canara Bank | ₹88 Lakh | Satisfied | |
| 23 Mar 2002 | 90088481 | Canara Bank | ₹1 Lakh | Satisfied |
To see the full charge records of Salasar Wheels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Salasar Wheels Private Limited has 7 court cases on record: 5 filed by Salasar Wheels, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Court case (R.C.C.) | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra Thorugh the Secretary and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The State of Maharashtra and Others and 2 others | Disposed |
| District court, Ahmednagar, Maharashtra | Court case (M.C.A.) | Filed by the company against Maharashtra State Industrial Development Corporation Ltd. and 4 others | Disposed |
To see the full case history of Salasar Wheels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Salasar Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Salasar Wheels Private Limited has a workforce of 18 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Salasar Wheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR4086N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salasar Wheels Private Limited, buy the company report.
Recent activity
Salasar Wheels Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Bhushan Govardan Bihani was appointed as Director on 30 Jan 2010.
4 earlier events are in the company report.
Frequently asked questions
Salasar Wheels is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 23 June 1995 (31+ years old) and is registered under CIN U50401MH1995PTC089881.
Salasar Wheels has 3 current directors:
- Govardhan Motilal Bihani - Director
- Sharda Govardhan Bihani - Director
- Bhushan Govardan Bihani - Director
The latest financial statements of Salasar Wheels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Salasar Wheels is 27AACCR4086N1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Salasar Wheels is U50401MH1995PTC089881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salasar Wheels has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Salasar Wheels was incorporated on 23 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Pune.
Bhushan Govardan Bihani was appointed as Director on 30 Jan 2010. Nitin Rambilas Jaju ceased to be Director on 30 Jan 2010. Ritesh Jugalkishor Malani ceased to be Director on 30 Jan 2010. Salasar Wheels has 6 board changes on record in total.
Salasar Wheels can be reached through the website salasargroup.in. Its registered office is in Ahmednagar, Maharashtra, India.
The registered office of Salasar Wheels is at P. No. G9 MIDC Ahmednagar, Maharashtra, India – 414111.