Banaraswala Wire Mesh Private Limited

Manufactures industrial filters for various industries, with multiple branch offices.

1986 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: June 17, 2024

Banaraswala Wire Mesh Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.82 Cr
  • Satisfied Charges ₹ 12.91 Cr
  • Revenue Growth 40.22%
  • Profit Growth 39.19%
  • Ebitda 7.07%
  • Net Worth 25.00%
  • Total Assets 64.25%

About Banaraswala Wire Mesh

Banaraswala Wire Mesh Private Limited (BWMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 August 1986 and has a history of 38 years and five months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Banaraswala Metal Crafts 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 2.50 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹16.82 Cr. The company has closed loans amounting to ₹12.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Awadhesh Singh, Sanjay Dayal, Vishal Gaurav, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    banaraswala.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910TZ1986PTC001836

  • Company No.

    001836

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Aug 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

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

Banaraswala Wire Mesh Private Limited offers a wide range of products and services, including Wire Mesh & Gratings, Wire Mesh Screen, Metal Mesh, Steel Mesh, Gate, Grilles, Fences & Railings, Fencing Wire, Separators, Strainers & Purifiers, Separator Equipments, Perforated Sheets.

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

Executive Team (1)

Name Designation Appointment Date Status
Awadhesh Singh Country flag representing In Managing Director 04-Sep-1986 Current

Board Members (3)

Name Designation Appointment Date Status
Vishal Gaurav Country flag representing In Whole-Time Director 15-Jul-2020 Current
Sanjay Dayal Country flag representing In Whole-Time Director 28-May-2018 Current
Chinthamani Singh Country flag representing In Whole-Time Director 10-May-1990 Current

Financial Performance of Banaraswala Wire Mesh.

Banaraswala Wire Mesh Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.22% increase. The company also saw a substantial improvement in profitability, with a 39.19% increase in profit. The company's net worth Soared by an impressive increase of 25%.

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
40.22%
Revenue from Operations
34.50%
Total Assets
64.25%
Profit or Loss
39.19%
Net Worth
25.00%
EBITDA
7.07%

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

In 2023, Banaraswala Wire Mesh had a promoter holding of 99.10% and a public holding of 0.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.82 Cr

Satisfied Charges

₹12.91 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 16.82 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2023 Hdfc Bank Limited ₹1.50 M Open
31 Jan 2023 Hdfc Bank Limited ₹2.71 M Open
08 Jul 2021 Hdfc Bank Limited ₹16.40 Cr Open
18 Jul 2019 The Hongkong And Shanghai Banking Corporation Limited ₹2.00 Cr Satisfied
26 Feb 2019 The Hongkong And Shanghai Banking Corporation Limited ₹4.75 Cr Satisfied

How Many Employees Work at Banaraswala Wire Mesh?

Banaraswala Wire Mesh has a workforce of 157 employees as of Mar 31, 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 Mesh, 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 Mesh'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 Mesh

Recent activity within the organization

  • Annual General Meeting

    Banaraswala Wire Mesh 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 Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100794072 was registered on 25 Aug 2023.

    25 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100678629 was registered on 31 Jan 2023.

    31 Jan 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.40 Cr registered on 08 Jul 2021 with Charge ID 100469260 was modified on 19 Nov 2021.

    19 Nov 2021

  • Charges

    A charge registered on 18 Jul 2019 via Charge ID 100286743 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 21 Oct 2021.

    21 Oct 2021

Frequently asked questions

  • Banaraswala Wire Mesh Private Limited was incorporated on 29 Aug 1986.

  • The authorized share capital of Banaraswala Wire Mesh Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Banaraswala Wire Mesh Private Limited.

    • Awadhesh Narayan Singh
    • Sanjay Dayal
    • Vishal Gaurav
    • Chinthamani Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Banaraswala Wire Mesh Private Limited is 621 Trichy Road Elgi Industrial Complex Singanallur, Coimbatore, Tamil Nadu, India, 641005.

  • The corporate identification number (CIN) of Banaraswala Wire Mesh Private Limited is U28910TZ1986PTC001836 and the company number is 001836 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Banaraswala Wire Mesh Private Limited has risen by 40.22%.

  • As Per 2023 financial reports, 157 employees are currently employed by Banaraswala Wire Mesh Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Banaraswala Wire Mesh Private Limited has experienced an upsurge of 25.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Banaraswala Wire Mesh Private Limited amount to ₹ 16.82 Cr.

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