MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-PB-12-0024055
Sheel Auto Industries Private Limited - automotive in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹28.25 Cr
▼ 18% YoY
Net profit · FY 2020
₹1.74 Lakh
Net margin 0.1%
EBITDA · FY 2020
₹1.54 Cr
EBITDA margin 5.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75.52 Lakh
Issued & subscribed
Open charges
₹10.78 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Employees · EPFO
41
Provident fund records
About Sheel Auto Industries Private Limited
Data last updated:
Sheel Auto Industries Private Limited is a private limited company based in Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 31 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1998PTC019424. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75.52 Lakh. It was formerly known as Surindera Gears Pvt Ltd and Surindera Bikes Pvt Ltd. It is led by directors including Harraj Sarda and Anita Rani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at E 472 473 Phase Viifocal Point Ludhiana, Punjab, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹28.25 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 0.1%) and EBITDA of ₹1.54 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.78 Cr on record. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 2 cases are pending.
Sheel Auto Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0024055). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sheelindustries.com.
Company details
CIN U35921PB1998PTC019424
Registration Number 019424
Incorporation Date 31 March 1998
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0024055
Name history
Sheel Auto Industries has undergone 2 name changes throughout its history. The company was previously known as Surindera Gears Pvt Ltd, and Surindera Bikes Pvt Ltd. The current legal name is Sheel Auto Industries Private Limited.
| Company Name | Status |
|---|---|
| Sheel Auto Industries Private Limited | Current |
| Surindera Gears Pvt Ltd | Previous |
| Surindera Bikes Pvt Ltd | Previous |
Recognitions & Rankings of Sheel Auto Industries
Contact details
Sheel Auto Industries Private Limited's registered office is in Punjab. Its website is sheelindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE 472 473 Phase Viifocal Point Ludhiana, Punjab, India
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Sheel Auto Industries Private Limited, buy the company report.
Comprehensive company report
Sheel Auto Industries Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Sheel Auto Industries is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Sheel Auto Industries Private Limited, buy the company report.
Financials of Sheel Auto Industries Private Limited
FY 2020 filings availableSheel Auto Industries Private Limited reported revenue of ₹28.25 Cr (down 18% YoY) for FY 2020.
Revenue · FY 2020
₹28.25 Cr ▼ 18%
Net profit · FY 2020
₹1.74 Lakh margin 0.1%
EBITDA · FY 2020
₹1.54 Cr margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 11%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 7%
5 years · compounded
▲ 4%
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 23% in the latest year. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.74 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Sheel Auto Industries Private Limited, buy the company report.
Board of directors of Sheel Auto Industries Private Limited
Sheel Auto Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harraj Sarda | Director | 21 Feb 2005 | 21 Years 8 Months | Current |
| Anita Rani Also directs: Flora Dyeing House Private Limited | Additional Director | 03 Nov 2025 | 1 Years 0 Months | Current |
| Ram Dhan Gupta | Additional Director | 03 Nov 2025 | 1 Years 0 Months | Current |
Auditor
Sheel Auto Industries Private Limited is audited by PAWAN SINGH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAN SINGH & ASSOCIATES | FY 2020 | 087209 |
Shareholding
The shareholding of Sheel Auto Industries 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 Sheel Auto Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.78 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2020 | 100348347 | Bank of India | ₹70 Lakh | Open | |
| 01 May 2020 | 100336844 | Bank of India | ₹49 Lakh | Open | |
| 10 Sep 2013 | 10451800 | Bank of India | ₹2.95 Lakh | Open | |
| 05 Jan 2011 | 10262656 | Bank of India | ₹4.16 Lakh | Open | |
| 13 Dec 2010 | 10257729 | Bank of India | ₹41 Lakh | Open |
To see the full charge records of Sheel Auto Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Sheel Auto Industries Private Limited has 16 court cases on record: 4 filed by Sheel Auto Industries, 12 filed against it. 2 cases are pending and 14 are disposed.
Total cases
16
Filed by the company
4
Filed against the company
12
Pending
2
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 11 | 2 |
| NCLT | 3 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd. | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by RBL Bank Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Idfc First Bank Limited | Disposed |
To see the full case history of Sheel Auto Industries 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.
Credit ratings & regulatory alerts
Sheel Auto Industries Private Limited was last rated by Crisil on 14 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Nov 2019 |
To see the full credit ratings and regulatory alerts of Sheel Auto Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sheel Auto Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sheel Auto Industries Private Limited has a workforce of 41 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
41
Active EPFO establishments
1
Employee growth
-46.05%
GST
Sheel Auto Industries has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
5
Cancelled / inactive
5
To see the full GST registrations and return filing status of Sheel Auto Industries Private Limited, buy the company report.
Recent activity
Sheel Auto Industries Private Limited has 8 board changes on record since 2005: 3 appointments and 5 cessations. The latest: Ravi Sarda ceased to be Director on 12 Nov 2025.
Ceased
Ravi Sarda ceased to be Director.
Appointed
Anita Rani was appointed as Additional Director.
Appointed
Ram Dhan Gupta was appointed as Additional Director.
Ceased
Akhil Ahuja ceased to be Irp/Rp/Liquidator.
Ceased
Harraj Sarda ceased to be Director.
Ceased
Sangeeta Sarda ceased to be Director.
Ceased
Sheela Sarda ceased to be Director.
AGM
Sheel Auto Industries Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 0.70 Cr with Charge ID 100348347 was registered on 15 Jun 2020.
Charges
A charge with Bank Of India amounted to Rs. 0.49 Cr with Charge ID 100336844 was registered on 01 May 2020.
Filing
Sheel Auto Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.
Charges
A charge with Bank Of India of Rs. 6.50 Cr registered on 09 Jun 2005 with Charge ID 90175720 was modified on 03 Aug 2017.
10 earlier events are in the company report.
Frequently asked questions
Sheel Auto Industries is an active private limited company based in Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 31 March 1998 (28+ years old) and is registered under CIN U35921PB1998PTC019424.
Sheel Auto Industries has 3 current directors:
- Harraj Sarda - Director
- Anita Rani - Additional Director
- Ram Dhan Gupta - Additional Director
The latest financial statements of Sheel Auto Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Sheel Auto Industries has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sheel Auto Industries is U35921PB1998PTC019424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheel Auto Industries has 16 court cases on record: 4 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
Sheel Auto Industries was incorporated on 31 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ravi Sarda ceased to be Director on 12 Nov 2025. Anita Rani was appointed as Additional Director on 03 Nov 2025. Ram Dhan Gupta was appointed as Additional Director on 03 Nov 2025. Sheel Auto Industries has 8 board changes on record in total.
Yes, Sheel Auto Industries is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0024055).
Sheel Auto Industries can be reached through the website sheelindustries.com. Its registered office is in Punjab, India.
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