About
Basic Data Updated:
2 months agoIt is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 590073 and on the National Stock Exchange(NSE) under WHEELS.
The Corporate was formerly known as Wheels India Private Limited. The Company is engaged in the Automobiles Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 103.50 cr and a paid-up capital of Rs 24.43 cr.
The Corporate currently has active open charges totaling ₹1,093.00 cr. It has already closed loans amounting to ₹867.88 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Wheels India Limited India are Ramesh Pitchai as Cfo and Lakshmi Kunissery as Company Secretary. Santhanam Ram, Srivats Ram, Sreenivasan Prasad, and Five other members serve as directors at the Company.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Wheels India Limited
Financials of Wheels India Limited
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
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
Unlock and access historical data on people associated with Wheels India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
- Srivats Ram Managing Director
Appointment Date: 01-Oct-2000
Status: Current
RP
Ramesh Pitchai CFOAppointment Date: 01-Nov-2022
Status: Current
LK
Lakshmi Kunissery Company SecretaryAppointment Date: 06-Nov-2017
Status: Current
Board Members(7)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Axis Bank Limited Creation Date: 28 Mar 2024 | ₹50.00 Cr | Open |
Axis Bank Limited Creation Date: 29 Mar 2021 | ₹75.00 Cr | Open |
Others Creation Date: 16 Feb 2021 | ₹28.00 Cr | Open |
Deals i
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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Alert
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Active 94 years 11 monthsSanthanam Ram, Srivats Ram and 1 more are mutual person
Recent activity within the organization
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 2024Charges
A charge registered on 27 Mar 2019 via Charge ID 100255057 with Others was fully satisfied on 19 Jan 2024.
19 Jan 2024Charges
A charge registered on 20 Jun 2018 via Charge ID 100190006 with Hdfc Bank Limited was fully satisfied on 13 Dec 2023.
13 Dec 2023Charges
A charge registered on 28 Jun 2021 via Charge ID 100461209 with Others was fully satisfied on 16 Nov 2023.
16 Nov 2023Charges
A charge registered on 10 Dec 2020 via Charge ID 100396649 with Others was fully satisfied on 16 Nov 2023.
16 Nov 2023
Recent News, Updates & Announcement
- Wheels India Q1 net rises 25 to 13 crore.
The Hindu 02 Aug 2023
- Wheels India expects doubledigit growth in exports in FY24.
The Hindu 20 Jul 2023
- Wheels India plans capital expenditure Rs 200 cr to ramp up production.
Business Standard 18 May 2023
- Wheels India net profit drops 11 pc to Rs 248 crore in fourth quarter.
Asian News International 18 May 2023
- Wheels India receives affirmation in credit ratings from ICRA.
Business Standard 01 Feb 2023
Frequently asked questions
What is the Incorporation or founding date of Wheels India Limited?