Bhagwati Wires Private Limited

Manufacturer and trader of wire drawing machines, shearing machines, and precision fasteners.

2011 | Delhi (India) | Active
Last Updated: November 16, 2024

Bhagwati Wires Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.41 M
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.18 Cr
  • Satisfied Charges ₹ 1.75 Cr
  • Revenue Growth -21.12%
  • Profit Growth -3.46%
  • Ebitda 523.97%
  • Net Worth -155.21%
  • Total Assets -7.15%

About Bhagwati Wires

Bhagwati Wires Private Limited (BWPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 December 2011 and has a history of 13 years and one month. Its registered office is in Delhi, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.41 M.

The company currently has active open charges totaling ₹2.18 Cr. The company has closed loans amounting to ₹1.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Natthi Sisodiya and Bharat Sisodiya serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31103DL2011PTC228678

  • Company No.

    228678

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Bhagwati Wires Private Limited offer?

Bhagwati Wires Private Limited offers a wide range of products and services, including Alloy, Metal and Industrial Nuts, Nuts, CNC Machines & Lathe Machine, CNC Machined Components, Heavy Duty Nuts, Metal Fastener, Stainless Steel Fasteners, Metal Wire, Wire Drawing Machines, Steel Wire Drawing Machine.

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

Board Members (2)

Name Designation Appointment Date Status
Natthi Sisodiya Country flag representing In Director 17-Oct-2012 Current
Bharat Sisodiya Country flag representing In Director 12-Jun-2023 Current

Financial Performance of Bhagwati Wires.

Bhagwati Wires Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.12% decrease. The company also saw a slight decrease in profitability, with a 3.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 155.21%.

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
-21.12%
Revenue from Operations
-25.49%
Total Assets
-7.15%
Profit or Loss
-3.46%
Net Worth
-155.21%
EBITDA
523.97%

What is the Ownership and Shareholding Structure of Bhagwati Wires?

In 2022, Bhagwati Wires had a promoter holding of 67.63% and a public holding of 32.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.80 M

Satisfied Charges

₹17.50 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 2.18 Cr

Latest Charge Details

Date Lender Amount Status
23 Jan 2024 Indian Overseas Bank ₹1.00 M Open
31 Mar 2021 Indian Overseas Bank ₹1.00 M Open
23 Apr 2014 Indian Overseas Bank ₹1.98 Cr Open
30 Mar 2012 Bank Of Maharashtra ₹1.75 Cr Satisfied

How Many Employees Work at Bhagwati Wires?

Unlock and access historical data on people associated with Bhagwati Wires, 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 Bhagwati 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 Bhagwati 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 Bhagwati Wires

Recent activity within the organization

  • Annual General Meeting

    Bhagwati Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Bhagwati Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.00 M with Charge ID 100875162 was registered on 23 Jan 2024.

    23 Jan 2024

  • Director Appointment

    Bharat Sisodiya was appointed as a Director was appointed as a Director on 12 Jun 2023 & has been associated with this company since 1 year 7 months .

    12 Jun 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.00 M with Charge ID 100439613 was registered on 31 Mar 2021.

    31 Mar 2021

  • Charges

    A charge with Indian Overseas Bank of Rs. 19.80 M registered on 23 Apr 2014 with Charge ID 10496942 was modified on 06 Mar 2021.

    06 Mar 2021

Frequently asked questions

  • Bhagwati Wires Private Limited was incorporated on 13 Dec 2011.

  • The authorized share capital of Bhagwati Wires Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.41 M.

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

    • Natthi Singh Sisodiya
    • Bharat Sisodiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Wires Private Limited is H No. 16 Gali 16 Mukandpur, Part-2 India, New Delhi, 110042.

  • The corporate identification number (CIN) of Bhagwati Wires Private Limited is U31103DL2011PTC228678 and the company number is 228678 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagwati Wires Private Limited is https://www.bhagwati-wires-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwati Wires Private Limited has fallen by -21.12%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagwati Wires Private Limited has experienced an downturn of -155.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagwati Wires Private Limited amount to ₹ 2.18 Cr.

  • The most recent Balance Sheet for Bhagwati Wires Private Limited was filed with the ROC on 31 Mar 2024.

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