Steel Strips Wheels Ltd Company Logo

Steel Strips Wheels Ltd - Company Profile

It is a automotive public limited company based in Na, Punjab, India, established in 1985.

1985 | Na, Punjab, India | Active
Last Updated:

About Steel Strips Wheels Ltd

Steel Strips Wheels Ltd, a active public limited company, was established on 28 February 1985 in Na, Punjab, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: L27107PB1985PLC006159. Registered under ROC Roc Chandigarh. it is listed on BSE: 513262 and NSE: SSWL. It has an authorized capital of ₹36.40 Cr and a paid-up capital of ₹15.72 Cr.

Formerly known as Punjab Wheels Limited. It upholds a compliant status. In 2024, it reported revenue of ₹4,373.16 Cr and a net worth of ₹1,345.67 Cr. Employing 2,798 professional, Its leadership includes Ajit Singh Chatha (Director), Deva Bharathi Reddy (Director), Manohar Lal Jain (Whole-Time Director). Past directors included Ajit Singh Chatha, Narendar Kumar, Jaspreet Takhar. It holds ₹1,762.52 Cr open charges and ₹4,116.32 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Vill. Somalheri/Lehli, P.O. Dappar, Teh. Derabassi, Distt. Mohali., Na, Punjab, 140506.

Company Details

  • CIN/LLPIN

    L27107PB1985PLC006159

  • Registration Number

    006159

  • Incorporation Date

    28 February 1985

  • Authorized Capital

    ₹36.40 Cr

  • Paid-Up Capital

    ₹15.72 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 513262, NSE: SSWL)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 36.40 Cr
  • Paid Up Capital ₹ 15.72 Cr
  • Company Age 40 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,762.52 Cr
  • Satisfied Charges ₹ 4,116.32 Cr
  • Revenue Growth 7.90%
  • Profit Growth 13.46%
  • Ebitda 5.06%
  • Net Worth 18.59%
  • Total Assets 16.66%
Company report

Steel Strips Wheels Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Steel Strips Wheels Ltd — 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 Steel Strips Wheels Ltd?

Current Directors

NameDesignationAppointment DateStatus
Ajit Singh ChathaDirector01 Oct 2019Current
Deva Bharathi ReddyDirector01 Aug 2020Current
Manohar Lal JainWhole-Time Director01 Aug 2013Current
Rajinder Kumar GargDirector28 Feb 1985Current
Mohan JoshiWhole-Time Director29 Aug 2024Current
Shashi Bhushan GuptaDirector01 Oct 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2013Past
Pramod AbcsddNominee Director26 Mar 2008Past
Pramod AbcsddDirector29 May 2020Past
Pramod AbcsddDirector01 Aug 2013Past
Pramod AbcsddCompany Secretary29 Oct 2024Past
Pramod AbcsddNominee Director22 May 2008Past

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Financial Performance of Steel Strips Wheels.

Steel Strips Wheels Ltd, for the financial year ended 2024, experienced modest growth in revenue, with a 7.9% increase. The company also saw a substantial improvement in profitability, with a 13.46% increase in profit. The company's net worth Soared by an impressive increase of 18.59%.

Steel Strips Wheels revenue growth over time
Steel Strips 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
7.90%
Revenue from Operations
7.83%
Total Assets
16.66%
Profit or Loss
13.46%
Net Worth
18.59%
EBITDA
5.06%

What is the Ownership and Shareholding Structure of Steel Strips Wheels?

In 2024, Steel Strips Wheels had a promoter holding of 60.98% and a public holding of 39.03%. The company had 1 Subsidiary and 1 Associate company. 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

₹17,625,202,766.00

Satisfied Charges

₹41,163,170,000.00

Charges Breakdown by Lending Institutions

  • Others : 928.45 Cr
  • Hdfc Bank Limited : 500.07 Cr
  • Yes Bank Limited : 259.00 Cr
  • The South Indian Bank Limited : 75.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2025Others₹100.00 CrOpen
29 Aug 2025Others₹9.46 MOpen
28 Jul 2025Hdfc Bank Limited₹1.57 CrOpen
12 Mar 2024The South Indian Bank Limited₹75.00 CrOpen
15 Sep 2023Others₹0.05 MOpen

Explore comprehensive loan charge details -

How Many Employees Work at Steel Strips Wheels?

Steel Strips Wheels has a workforce of 2798 employees as of Apr 04, 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 Steel Strips Wheels Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Steel Strips 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 Steel Strips 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 Steel Strips Wheels

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101170618 was registered on 17 Oct 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 0.95 Cr with Charge ID 101156822 was registered on 29 Aug 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 1.57 Cr with Charge ID 101155136 was registered on 28 Jul 2025. was completed.

  • Charges

    The activity A charge registered on 27 Jun 2022 via Charge ID 100594174 with Others was fully satisfied on 17 May 2025. was completed.

  • Charges

    A charge registered on 02 Aug 2018 via Charge ID 100201082 with Hdfc Bank Limited was fully satisfied on 23 Apr 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 20 Jul 2017 via Charge ID 100113757 with Hdfc Bank Limited was fully satisfied on 17 Jan 2025. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Steel Strips Wheels Ltd?

    The CIN of Steel Strips Wheels Ltd is L27107PB1985PLC006159.

  • Where is Steel Strips Wheels Ltd headquartered?

    Steel Strips Wheels Ltd is headquartered at Vill. Somalheri/Lehli, P.O. Dappar, Teh. Derabassi, Distt. Mohali., Na, Punjab, 140506.

  • When was Steel Strips Wheels Ltd incorporated?

    Steel Strips Wheels Ltd was incorporated on 28 February 1985.

  • Who are the current directors of Steel Strips Wheels Ltd?

    The current directors of Steel Strips Wheels Ltd are

  • What is the primary industry of Steel Strips Wheels Ltd?

    The primary industry of Steel Strips Wheels Ltd is Manufacturing.

  • Is Steel Strips Wheels Ltd a listed company?

    Steel Strips Wheels Ltd is listed. It is listed on BSE: 513262 and NSE: SSWL.

  • What is the capital structure of Steel Strips Wheels Ltd?

    The authorized capital of Steel Strips Wheels Ltd is ₹36.40 Cr, and the paid-up capital is ₹15.72 Cr.

  • What is the compliance status of Steel Strips Wheels Ltd?

    The compliance status of Steel Strips Wheels Ltd is Compliant.

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