Adi Wires Private Limited

Manufacturer of binding wires and wire nails for construction industry, marketed as 'Star Wires'.

2006 | Giridh, Jharkhand (India) | Active
Last Updated: December 17, 2024

Adi Wires Profile

Key Indicators

  • Authorised Capital ₹ 1.65 Cr
  • Paid Up Capital ₹ 1.51 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.20 Cr
  • Revenue Growth -44.52%
  • Profit Growth -1855.13%
  • Ebitda -296.23%
  • Net Worth -126.38%
  • Total Assets -33.11%

About Adi Wires

Adi Wires Private Limited (AWPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 September 2006 and has a history of 18 years and four months. Its registered office is in Giridh, Jharkhand, India.

The Corporate was formerly known as Indira Wires Private Limited. The Company is engaged in the Machinery And Equipment 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 1.65 Cr and a paid-up capital of Rs 1.51 Cr.

The company currently has active open charges totaling ₹7.20 Cr.

Amit Sarawgi and Rohit Jain serve as directors at the Company.

Company Details

  • Location

    Giridh, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104JH2006PTC012610

  • Company No.

    012610

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Machinery and Equipment

Who are the key members and board of directors at Adi Wires?

Board Members (2)

Name Designation Appointment Date Status
Amit Sarawgi Country flag representing In Director 09-Aug-2016 Current
Rohit Jain Country flag representing In Director 25-Jun-2008 Current

Financial Performance of Adi Wires.

Adi Wires Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 44.52% decrease. The company also saw a substantial fall in profitability, with a 1855.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 126.38%.

Graph illustrating revenue growth over time
Graph showing 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
-44.52%
Revenue from Operations
-92.82%
Total Assets
-33.11%
Profit or Loss
-1855.13%
Net Worth
-126.38%
EBITDA
-296.23%

What is the Ownership and Shareholding Structure of Adi Wires?

In 2021, Adi Wires had a promoter holding of 23.36% and a public holding of 76.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 7.20 Cr

Latest Charge Details

Date Lender Amount Status
13 Aug 2009 Bank Of Baroda ₹7.20 Cr Open

How Many Employees Work at Adi Wires?

Adi Wires has a workforce of 2 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adi Wires, 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 Adi Wires'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 Adi Wires

Recent activity within the organization

  • Annual General Meeting

    Adi Wires Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Adi Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

    31 Mar 2023

  • Director Appointment

    Amit Kumar Sarawgi was appointed as a Director was appointed as a Director on 09 Aug 2016 & has been associated with this company since 8 years 5 months .

    09 Aug 2016

  • Charges

    A charge with Bank Of Baroda of Rs. 7.20 Cr registered on 13 Aug 2009 with Charge ID 10182227 was modified on 20 Dec 2013.

    20 Dec 2013

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 7.20 Cr with Charge ID 10182227 was registered on 13 Aug 2009.

    13 Aug 2009

  • Director Appointment

    Rohit Kumar Jain was appointed as a Director was appointed as a Director on 25 Jun 2008 & has been associated with this company since 16 years 7 months .

    25 Jun 2008

Frequently asked questions

  • Adi Wires Private Limited was incorporated on 07 Sep 2006.

  • The authorized share capital of Adi Wires Private Limited is ₹ 1.65 Cr and paid-up capital is ₹ 1.51 Cr.

  • Currently 2 directors are associated with Adi Wires Private Limited.

    • Amit Kumar Sarawgi
    • Rohit Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adi Wires Private Limited is At. Manjhiladih, P.O.-Gadi Srirampur India, Giridih, Jharkhand, 815301.

  • The corporate identification number (CIN) of Adi Wires Private Limited is U27104JH2006PTC012610 and the company number is 012610 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Adi Wires Private Limited has fallen by -44.52%.

  • As Per 2021 financial reports, 2 employees are currently employed by Adi Wires Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Adi Wires Private Limited has experienced an downturn of -126.38%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Adi Wires Private Limited amount to ₹ 7.20 Cr.

  • The most recent Balance Sheet for Adi Wires Private Limited was filed with the ROC on 31 Mar 2023.

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