Bansal Wire Industries Limited

Manufacturer and exporter of various steel wires and bars, including stainless steel, low and high carbon, and galvanized wires.

1985 | Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Bansal Wire Industries Profile

Key Indicators

  • Authorised Capital ₹ 90.00 Cr
  • Paid Up Capital ₹ 63.73 Cr
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,138.31 Cr
  • Satisfied Charges ₹ 1,426.81 Cr
  • Revenue Growth 9.86%
  • Profit Growth 2.98%
  • Ebitda -1.16%
  • Net Worth 26.29%
  • Total Assets 7.83%

About Bansal Wire Industries

Bansal Wire Industries Limited (BWIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 December 1985 and has a history of 39 years and one month. Its registered office is in Delhi, Delhi, India.

The Corporate was formerly known as Bansal Wire Industries Private Limited. 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 90.00 Cr and a paid-up capital of Rs 63.73 Cr.

The company currently has active open charges totaling ₹1,138.31 Cr. The company has closed loans amounting to ₹1,426.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bansal Wire Industries Limited India are Ghanshyam Gujrati as Cfo, Sumit Gupta as Company Secretary, and Pranav Bansal as Ceo. Arun Gupta, Sunita Bindal, Umesh Gupta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300DL1985PLC022737

  • Company No.

    022737

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Bansal Wire Industries Limited offer?

Bansal Wire Industries Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Air Springs & Compression Springs, Furniture Springs, Cables & Wiring Components, Wiring Harness, Engineering and Shipping Ropes, Wire Ropes, Ball Bearings and Bearing Assemblies, Ball Bearings.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Pranav Bansal Country flag representing In Managing Director14-May-2015Current
Ghanshyam Gujrati CFO25-Aug-2023Current
Sumit Gupta Company Secretary17-Oct-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Saurabh Goel Country flag representing In Director 13-Jul-2020Current
Arun Gupta Country flag representing In Whole-Time Director 11-Dec-1985Current
Sunita Bindal Country flag representing In Director Current
Umesh Gupta Country flag representing In Whole-Time Director 16-Jun-2022Current
Satish Aggarwal Country flag representing In Director 13-Jul-2020Current
Ritu Bansal Country flag representing In Director Current

Financial Performance of Bansal Wire Industries.

Bansal Wire Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.86% increase. The company also saw a slight improvement in profitability, with a 2.98% increase in profit. The company's net worth Soared by an impressive increase of 26.29%.

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
9.86%
Revenue from Operations
9.76%
Total Assets
7.83%
Profit or Loss
2.98%
Net Worth
26.29%
EBITDA
-1.16%

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

In 2023, Bansal Wire Industries had a promoter holding of 78.60% and a public holding of 21.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,138.31 Cr

Satisfied Charges

₹1,426.81 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 579.00 Cr
  • Sbicap Trustee Company Limited : 200.00 Cr
  • Hdfc Bank Limited : 199.40 Cr
  • Canara Bank : 119.91 Cr
  • Others : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Dec 2023Sbicap Trustee Company Limited₹200.00 CrOpen
23 Jun 2023Canara Bank₹90.00 CrOpen
05 Aug 2022Hdfc Bank Limited₹100.00 CrOpen
30 Jun 2022Canara Bank₹6.45 MOpen
11 Apr 2022Hdfc Bank Limited₹9.40 CrOpen

How Many Employees Work at Bansal Wire Industries?

Bansal Wire Industries has a workforce of 1170 employees as of Apr 05, 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 Bansal 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 Bansal 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 Bansal Wire Industries

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 200.00 Cr with Charge ID 100844042 was registered on 06 Dec 2023.

    06 Dec 2023

  • Annual General Meeting

    Bansal Wire Industries 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 Canara Bank amounted to Rs. 90.00 Cr with Charge ID 100746440 was registered on 23 Jun 2023.

    23 Jun 2023

  • Balance Sheet

    Bansal Wire Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 07 Jul 2020 via Charge ID 100353322 with Canara Bank was fully satisfied on 11 Jan 2023.

    11 Jan 2023

  • Charges

    A charge registered on 20 Aug 2019 via Charge ID 100287190 with Others was fully satisfied on 17 Oct 2022.

    17 Oct 2022

Frequently asked questions

  • Bansal Wire Industries Limited was incorporated on 11 Dec 1985.

  • The authorized share capital of Bansal Wire Industries Limited is ₹ 90.00 Cr and paid-up capital is ₹ 63.73 Cr.

  • Currently 10 directors are associated with Bansal Wire Industries Limited.

    • Arun Gupta
    • Sunita Bindal
    • Umesh Kumar Gupta
    • Pranav Bansal
    • Satish Prakash Aggarwal
    • Saurabh Goel
    • Ritu Bansal
    • Ghanshyam Das Gujrati
    • Sumit Gupta
    • Pranav Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bansal Wire Industries Limited is F-3 Main Road Shastri Nagar, Delhi, India, 110052.

  • The corporate identification number (CIN) of Bansal Wire Industries Limited is U31300DL1985PLC022737 and the company number is 022737 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bansal Wire Industries Limited is https://www.bansalwire.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bansal Wire Industries Limited has risen by 9.86%.

  • As Per 2023 financial reports, 1170 employees are currently employed by Bansal Wire Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bansal Wire Industries Limited has experienced an upsurge of 26.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bansal Wire Industries Limited amount to ₹ 1,138.31 Cr.

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

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