steel strips wheels limited

Steel Strips Wheels Limited

Company limited by Shares (2) 1827+ employees

Steel strips wheels limited Description

Steel strips wheels limited was established in the year 1985. The company has its headquarters at Chandigarh. It designs, manufactures and sells automotive steel wheels in and across the nation. The company is considered among the leading suppliers to the national and international automobile manufacturers. The company's long list of product range includes: steel wheels for two and three wheelers, passenger cars, multi utility vehicles, tractors, trucks and OTR vehicles. SSWL have manufacturing facilities available at Punjab, Chennai and Jamshedpur. The company produces passenger car wheels in Punjab and Chennai. They produce the truck wheels in Jharkhand. Their total capacity is till 9 million wheels in Punjab, 6 million in Chennai and 1.6 million in Jamshedpur. The total capacity is of 16.6 million. Their long list of prestigious customers include: Ashok Leyland, Daimler India Commercial vehicles, FIAT India Automobiles Limited, BMW AG, JCB India Limited, Honda Cars India Ltd, SML Isuzu Limited, Renault Nissan Alliance, Mahindra & Mahindra Limited, and many more. The company also has strategic alliances with Kalink Co. Ltd (South Korea), GS Global Corporation (South Korea), Nippon Steel & Sumitomo Metal Corporation (Japan) and Tata Steel Ltd (India). The company's products includes steel wheels for two and three wheelers, passenger cars, high speed trailers, tractors and off road vehicles. They offer a vast variety of diameters, widths and finishes that can be modified as per the need of the customers. Each wheel is very consciously manufactured with their quality and performance cross checked. Their aluminum alloy products includes wheels for passenger cars, MUVs and Caravan segments. Their alloy wheels are also manufactured under strict guidance with a total of 100% automatic x-ray and helium air-leaks tests. The company provides full service to customers with complete product development. The best engineering resources are used for the product designing and manufacturing with a good use of high strength materials and the state-of-the-art technology.

Steel strips wheels limited Overview

Address
Sona Tower, NM 8 (2nd Floor), Old DLF Colony, Sector 14, Gurgaon 122001, Haryana
COMPANY SIZE
981+ employees
CIN
L27107PB1985PLC006159
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
http://www.sswlindia.com
EMAIL
info@sswlindia.com
FOUNDED
28 Feb,1985
PAID-UP CAPITAL
155,335,200
AUTHORISED CAPITAL
364,000,000
TRADE MARK
SSWL
ACCREDIT
QS 9001
11 Related OEMs
5 No. of plants

Company Breakup

Name share
Public Financial Companies
0.48%
Foreign Holdings
9.45%
Others
8.67%
Bodies Corporate
44.48%
Mutual Funds
0.07%
Banks
0.05%
Total Number Of Shareholders 11032
Shareholding As On 2014-09-30

Steel strips wheels limited in News

30 Jul 2021

Gujarat: High steel prices eating away profits of domestic industry

The skyrocketing price of steel has badly dented the profit margins of domestic companies belonging to the engineering and pipe manufacturing industries. The price rise has been fuelled by high exports. The Indian steel manufacturers are exporting around 50% of their produce because of good demand in the USA and China.

21 Jul 2021

MN Dastur bags US carbon capture project

The project will help in the production of low-carbon emission steel through CO2 capture of up to 2 mtpa from the available blast furnace gases to meet the demand of energy in a steel plant.

30 Jun 2021

Govt extends antidumping duty on certain steel items till Dec 15

According to two separate notifications by the Department of Revenue, the duties on 'Hot-Rolled flat products of alloy or non-alloy steel' originating in or exported from China, Japan, Korea, Russia, and Brazil, and on 'Cold-Rolled flat products of alloy or non-alloy steel' coming from China, Japan, and Korea, have been extended.

26 Jun 2021

Lenders see more recovery in steel sector

At a time when banks are seeing most of their loans wiped out, like those to Videocon Group or Jet Airways, the traditional business of steel manufacturing is turning out to be relatively safer for lenders. Three of the biggest NPA recoveries has been in the steel sector — Essar Steel, Bhushan Steel and Bhushan Power & Steel.

24 May 2021

Global steel prices to average $800 per tonne in H1: Fitch

Fitch said Chinese domestic demand for steel will slow overall in 2022 and beyond as balancing of the economy away from heavy industry and towards service sector resumes, which will drag down domestic steel prices in China and the global average.

04 May 2021

Mahindra Logistics launches Oxygen on Wheels; connects producers with hospitals

The service has been rolled out in cities such as Mumbai, Thane, Pune, Pimpri-Chinchwad, Chakan, Nasik and Nagpur in Maharashtra with the company deploying around 100 vehicles to overcome the transportation bottleneck with safe and quick transportation to deliver oxygen cylinders on demand, a release said.

02 May 2021

The price of the stuff that makes everything is surging

The rally threatens to raise the cost of goods from the lunchtime sandwich to gleaming skyscrapers. It’s also lit the fuse on the massive reflation trade that’s gripped markets this year and pushed up inflation expectations.

01 May 2021

The price of the stuff that makes everything is surging

The rally threatens to raise the cost of goods from the lunchtime sandwich to gleaming skyscrapers. It’s also lit the fuse on the massive reflation trade that’s gripped markets this year and pushed up inflation expectations.

17 Apr 2021

Rising international prices boost steel exports from India

As per data from the ministry, finished steel exports in 2020-21 was around 10.79 million tonnes, showing a growth of 29% year-on-year and export of semis in the 11 month period till February 2021 grew by 131% to 6.09 million tonnes.

12 Apr 2021

Control rising raw material costs: Bizmen

While industries are struggling to recover from the loss they suffered during the lockdown last year, abnormal increases in the prices of raw materials including steel, brass, aluminium, cast iron and copper have been affecting more than 40,000 industries that are functioning in Coimbatore and neighbouring Tirupur.

Directors of Steel strips wheels limited

Name DIN Email Designation Date of joining
Jaspreet Takhar Unlock to View Unlock to View Director 30 Mar,2015
Chanakya Chaudhary Unlock to View Unlock to View Nominee director 05 Nov,2014
Manohar Lal Jain Unlock to View Unlock to View Whole-time director 01 Aug,2013
Andra Veetil Unnikrishman Unlock to View Unlock to View Whole-time director 01 Jan,2009
Surinder Kumar Bansal Unlock to View Unlock to View Director 22 Aug,2005
Sudhanshu Shekhar Jha Unlock to View Unlock to View Director 22 Aug,2005
Madan Mohan Chopra Unlock to View Unlock to View Director 28 Nov,1994
Dheeraj Garg Unlock to View Unlock to View Managing director 29 Apr,1993
Sukhbir Singh Grewal Unlock to View Unlock to View Director 30 Mar,1993
Rajender Kumar Garg Unlock to View Unlock to View Director 28 Feb,1985

Steel strips wheels limited deals in:

Components

A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-

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