Ajit Wire Industries Private Limited

Manufactures and sells various types of wires, including enameled copper, iron, steel, and brass.

1971 | Nashik, Maharashtra (India) | Active
Last Updated: November 16, 2024

Ajit Wire Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 53 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.55 Cr
  • Revenue Growth -72.33%
  • Profit Growth -149.30%
  • Ebitda -173.56%
  • Net Worth -4.77%
  • Total Assets -12.58%

About Ajit Wire Industries

Ajit Wire Industries Private Limited (AWIPL) was founded in India on 02 September 1971 and has a glorious history of 53 years and five months.Its registered office is in Nashik, Maharashtra, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.55 Cr.

Prashant Bagmar, Neelesh Hanswani, Nishit Atal, and One other member serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300MH1971PTC015317

  • Company No.

    015317

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 1971

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Ajit Wire Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Prashant Bagmar Country flag representing In Additional Director 27-Jan-2024Current
Neelesh Hanswani Country flag representing In Additional Director 25-Jan-2024Current
Nishit Atal Country flag representing In Additional Director 27-Jan-2024Current
Ritesh Hansawani Country flag representing In Additional Director 25-Jan-2024Current

Financial Performance of Ajit Wire Industries.

Ajit Wire Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 72.33% decrease. The company also saw a substantial fall in profitability, with a 149.3% decrease in profit. The company's net worth dipped by a decrease of 4.77%.

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
-72.33%
Revenue from Operations
-76.93%
Total Assets
-12.58%
Profit or Loss
-149.30%
Net Worth
-4.77%
EBITDA
-173.56%

What is the Ownership and Shareholding Structure of Ajit Wire Industries?

In 2023, Ajit Wire Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 1.55 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 1986Indian Bank₹1.15 CrOpen
15 Feb 1973Indian Bank₹4.00 MOpen

How Many Employees Work at Ajit Wire Industries?

Unlock and access historical data on people associated with Ajit Wire Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ajit Wire Industries, 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 Ajit Wire Industries'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 Ajit Wire Industries

Recent activity within the organization

  • Director Appointment

    Prashant Mohanlal Bagmar was appointed as a Additional Director was appointed as a Additional Director on 27 Jan 2024 & has been associated with this company since 1 year 28 days .

    27 Jan 2024

  • Director Appointment

    Nishit Vijaygopal Atal was appointed as a Additional Director was appointed as a Additional Director on 27 Jan 2024 & has been associated with this company since 1 year 28 days .

    27 Jan 2024

  • Director Appointment

    Neelesh Dharampal Hanswani was appointed as a Additional Director was appointed as a Additional Director on 25 Jan 2024 & has been associated with this company since 1 year 30 days .

    25 Jan 2024

  • Director Appointment

    Ritesh Dharmapal Hansawani was appointed as a Additional Director was appointed as a Additional Director on 25 Jan 2024 & has been associated with this company since 1 year 30 days .

    25 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ajit Wire Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Ajit Wire Industries Private Limited was incorporated on 02 Sep 1971.

  • The authorized share capital of Ajit Wire Industries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Ajit Wire Industries Private Limited.

    • Prashant Mohanlal Bagmar
    • Neelesh Dharampal Hanswani
    • Nishit Vijaygopal Atal
    • Ritesh Dharmapal Hansawani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ajit Wire Industries Private Limited is Shop No. 1 Sumangal Heights Sadhu Vasavani Road, Holaram Colony India, Nashik, Maharashtra, 422001.

  • The corporate identification number (CIN) of Ajit Wire Industries Private Limited is U31300MH1971PTC015317 and the company number is 015317 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ajit Wire Industries Private Limited has fallen by -72.33%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ajit Wire Industries Private Limited has experienced an downturn of -4.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ajit Wire Industries Private Limited amount to ₹ 1.55 Cr.

  • The most recent Balance Sheet for Ajit Wire Industries Private Limited was filed with the ROC on 31 Mar 2023.

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