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
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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 ₹1,912.52 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 36.40 Cr
  • Paid Up Capital ₹ 15.72 Cr
  • Company Age 40 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,912.52 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Ajit Singh Chatha Director 01 Oct 2019 Current
Deva Bharathi Reddy Director 01 Aug 2020 Current
Manohar Lal Jain Whole-Time Director 01 Aug 2013 Current
Rajinder Kumar Garg Director 28 Feb 1985 Current
Mohan Joshi Whole-Time Director 29 Aug 2024 Current
Shashi Bhushan Gupta Director 01 Oct 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Nominee Director 26 Mar 2008 Past
Pramod Abcsdd Director 29 May 2020 Past
Pramod Abcsdd Director 01 Aug 2013 Past
Pramod Abcsdd Company Secretary 29 Oct 2024 Past
Pramod Abcsdd Nominee Director 22 May 2008 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 7.90%
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Revenue from Operations
*******
 7.83%
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*******
*******
Total Assets
*******
 16.66%
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*******
*******
*******
Profit or Loss
*******
 13.46%
*******
*******
*******
*******
Net Worth
*******
 18.59%
*******
*******
*******
*******
EBITDA
*******
 5.06%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹19,125,202,766.00

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
  • Idbi Bank Limited : 150.00 Cr
  • The South Indian Bank Limited : 75.00 Cr
Latest Charge Details
Date Lender Amount Status
27 Nov 2025 Idbi Bank Limited ₹150.00 Cr Open
17 Oct 2025 Others ₹100.00 Cr Open
29 Aug 2025 Others ₹9.46 M Open
28 Jul 2025 Hdfc Bank Limited ₹1.57 Cr Open
12 Mar 2024 The South Indian Bank Limited ₹75.00 Cr Open

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How Many Employees Work at Steel Strips Wheels?

Steel Strips Wheels has a workforce of 2798 employees as of Oct 09, 2025. 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Steel Strips Wheels
Recent Activity within the Organization
  • Director Appointment

    Progress on Rahul Kumar was appointed as a Cfo was appointed as a Cfo on 08 Dec 2025 & has been associated with this company since 2 months 6 days . was documented.

  • Charges

    Progress on A charge with Idbi Bank Limited amounted to Rs. 150.00 Cr with Charge ID 101191540 was registered on 27 Nov 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101170618 was registered on 17 Oct 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 0.95 Cr with Charge ID 101156822 was registered on 29 Aug 2025. was completed.

  • Charges

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

  • Charges

    A charge registered on 27 Jun 2022 via Charge ID 100594174 with Others was fully satisfied on 17 May 2025. was recorded as a recent event.

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Recent News, Updates & Announcement

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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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