Wheels India Limited logo

Wheels India Limited

Manufacturer of wheels, air suspension systems, and power structures for various automotive segments.

1960 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

29 days ago

Wheels India Limited is known for its production of wheels rims. The presence of the company can be seen in various automotive segments such as passenger cars, commercial vehicles, utility vehicles, tractors, and earth movers, with the exception of two-wheelers. Additionally, WIL has expanded its operations to include the manufacturing of air suspension systems for luxury buses in India and has recently ventured into the production of power structures. The company has established partnerships with renowned brands such as Ford, Hyundai, Tata, Caterpillar, John Deere, Hyundai Heavy Industries, Case New Holland, Suzuki, and Komatsu. According to a credit rating report, WIL's manufacturing facilities are strategically located in Padi (Tamil Nadu), Rampur (Uttar Pradesh), Ranjangaon (Maharashtra), Bawal (Haryana), Sriperumbudur (Tamil Nadu), Deoli (Maharashtra), and Pant Nagar (Uttarakhand). In June 2017, WIL entered into a strategic partnership with Topy Industries Limited for the production of passenger car steel wheel rims in India.

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL35921TN1960PLC004175
Company No.004175
Stock Symbol BSE : 590073 NSE : WHEELS
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date13 Jun 1960
Date of AGM19 Jul 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Chennai

Products or Services related to Wheels India Limited

Heavy Vehicle Wheel

Wheel Rim

Wire Wheel

Bicycle Wheel Parts

TRAILER SUSPENSION

Suspension Parts

Agricultural Application Wheel

Tractor Tyres

product
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Wheels India Limited offers a wide range of products and services, including: Tyre, Tube & Flaps, Wheel Rim, Bicycle Spare Parts, Bicycle Wheel Parts, Suspension System & Components, Suspension Parts, Tractor Tyres, Suspension Arm Assembly, Suspension Links.

Financials of Wheels India Limited

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Wheels India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.68% increase. The company also saw a substantial fall in profitability, with a 18.32% decrease in profit. The company's net worth moved up by a moderate rise of 5.69%.

Corporate Structure

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Unlock access to Wheels India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Wheels India Limited

Executive Team (3)

  • srivats_ram_389097.png
    Srivats Ram In Managing Director

    Appointment Date: 01-Oct-2000

    Status: Current

  • RP

    Ramesh Pitchai In CFO

    Appointment Date: 01-Nov-2022

    Status: Current

  • LK

    Lakshmi Kunissery Company Secretary

    Appointment Date: 06-Nov-2017

    Status: Current

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹1,093.00 cr

₹867.88 cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 28 Mar 2024
₹50.00 CrOpen

Axis Bank Limited

Creation Date: 29 Mar 2021
₹75.00 CrOpen

Others

Creation Date: 16 Feb 2021
₹28.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Wheels India, 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 Wheels India's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 cr with Charge ID 100899429 was registered on 28 Mar 2024.

    28 Mar 2024
  • Activity

    Charges

    A charge registered on 27 Mar 2019 via Charge ID 100255057 with Others was fully satisfied on 19 Jan 2024.

    19 Jan 2024
  • Activity

    Charges

    A charge registered on 20 Jun 2018 via Charge ID 100190006 with Hdfc Bank Limited was fully satisfied on 13 Dec 2023.

    13 Dec 2023
  • Activity

    Charges

    A charge registered on 28 Jun 2021 via Charge ID 100461209 with Others was fully satisfied on 16 Nov 2023.

    16 Nov 2023
  • Activity

    Charges

    A charge registered on 10 Dec 2020 via Charge ID 100396649 with Others was fully satisfied on 16 Nov 2023.

    16 Nov 2023

Frequently asked questions

What is the Incorporation or founding date of Wheels India Limited?

Wheels India Limited was incorporated 63 years 11 months ago on 13 Jun 1960 with Registrar of Companies Roc Chennai.

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