Banaraswala Wire Crafts Private Limited

Manufacturer of various types of wire mesh and perforated sheets, based in Bengaluru.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: January 18, 2025

Banaraswala Wire Crafts Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 5 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 17.37%
  • Profit Growth 47.45%
  • Ebitda 27.09%
  • Net Worth 73.90%
  • Total Assets -16.63%

About Banaraswala Wire Crafts

Banaraswala Wire Crafts Private Limited (BWCPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 February 2019 (Six years 5 days old ). Its registered office is in Bangaluru, Karnataka, 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.00 Cr.

Rakesh Singh and Vandanasingh serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2019PTC121595

  • Company No.

    121595

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Banaraswala Wire Crafts Private Limited offer?

Banaraswala Wire Crafts Private Limited offers a wide range of products and services, including Mosquito, Insect & Bugs Netting, Mosquito Net, Wire Mesh & Gratings, Wire Mesh Screen, Metal Mesh, Perforated Sheets, Steel Mesh, Meat & Seafood Processing Equipments, Poultry Equipment.

Who are the key members and board of directors at Banaraswala Wire Crafts?

Board Members (2)

NameDesignationAppointment DateStatus
Rakesh Singh Country flag representing In Director 19-Feb-2019Current
Vandanasingh Country flag representing In Director 19-Feb-2019Current

Financial Performance of Banaraswala Wire Crafts.

Banaraswala Wire Crafts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.37% increase. The company also saw a substantial improvement in profitability, with a 47.45% increase in profit. The company's net worth Soared by an impressive increase of 73.9%.

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
17.37%
Revenue from Operations
17.42%
Total Assets
-16.63%
Profit or Loss
47.45%
Net Worth
73.90%
EBITDA
27.09%

What is the Ownership and Shareholding Structure of Banaraswala Wire Crafts?

Unlock access to Banaraswala Wire Crafts'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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2019Axis Bank Limited₹1.00 CrOpen

How Many Employees Work at Banaraswala Wire Crafts?

Banaraswala Wire Crafts has a workforce of 22 employees as of Mar 23, 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 Banaraswala Wire Crafts, 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 Banaraswala Wire Crafts'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 Banaraswala Wire Crafts

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 10.00 M registered on 29 May 2019 with Charge ID 100267972 was modified on 01 Sep 2023.

    01 Sep 2023

  • Balance Sheet

    Banaraswala Wire Crafts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100267972 was registered on 29 May 2019.

    29 May 2019

  • Director Appointment

    Vandanasingh was appointed as a Director was appointed as a Director on 19 Feb 2019 & has been associated with this company since 6 years 5 days .

    19 Feb 2019

  • Director Appointment

    Rakesh Kumar Singh was appointed as a Director was appointed as a Director on 19 Feb 2019 & has been associated with this company since 6 years 5 days .

    19 Feb 2019

Frequently asked questions

  • Banaraswala Wire Crafts Private Limited was incorporated on 19 Feb 2019.

  • The authorized share capital of Banaraswala Wire Crafts Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Banaraswala Wire Crafts Private Limited.

    • Rakesh Kumar Singh
    • Vandanasingh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Banaraswala Wire Crafts Private Limited is 20, Nandagokula Industrial Layout Thigalarapalya Rd Peenya 2Nd India, Stage Bengaluru, Karnataka, 560058.

  • The corporate identification number (CIN) of Banaraswala Wire Crafts Private Limited is U74999KA2019PTC121595 and the company number is 121595 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Banaraswala Wire Crafts Private Limited is https://www.banaraswalawirecrafts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Banaraswala Wire Crafts Private Limited has risen by 17.37%.

  • As Per 2023 financial reports, 22 employees are currently employed by Banaraswala Wire Crafts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Banaraswala Wire Crafts Private Limited has experienced an upsurge of 73.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Banaraswala Wire Crafts Private Limited amount to ₹ 1.00 Cr.

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

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