Desh Wire Products Private Limited

This company manufactures steel wire ropes and strands for various industries and exports globally.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: July 02, 2024

Desh Wire Products Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 5.70 M
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.84 Cr
  • Satisfied Charges ₹ 10.48 Cr
  • Revenue Growth 34.69%
  • Profit Growth -9.00%
  • Ebitda 5.16%
  • Net Worth 0.63%
  • Total Assets 0.90%

About Desh Wire Products

Desh Wire Products Private Limited (DWPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 July 1997 and has a history of 27 years and six months. Its registered office is in Mumbai, 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 8.00 M and a paid-up capital of Rs 5.70 M.

The company currently has active open charges totaling ₹6.84 Cr. The company has closed loans amounting to ₹10.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajay Desai, Jignesh Shah, and Piyush Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    deshwirerope.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27200MH1997PTC109564

  • Company No.

    109564

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Desh Wire Products Private Limited offer?

Desh Wire Products Private Limited offers a wide range of products and services, including Engineering and Shipping Ropes, Wire Ropes, Lifting Hooks, Chains & Clamps, Webbing and Lifting Slings, Metal and Alloy Wires, Steel Wire, Elevators & Escalators, Elevator Part.

Who are the key members and board of directors at Desh Wire Products?

Board Members (3)

NameDesignationAppointment DateStatus
Ajay Desai Country flag representing In Director 23-Jul-1997Current
Jignesh Shah Country flag representing In Director 23-Jul-1997Current
Piyush Shah Country flag representing In Director 23-Jul-1997Current

Financial Performance of Desh Wire Products.

Desh Wire Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.69% increase. The company also saw a slight decrease in profitability, with a 9% decrease in profit. The company's net worth moved up by a moderate rise of 0.63%.

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
34.69%
Revenue from Operations
34.76%
Total Assets
0.90%
Profit or Loss
-9.00%
Net Worth
0.63%
EBITDA
5.16%

What is the Ownership and Shareholding Structure of Desh Wire Products?

In 2023, Desh Wire Products 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

₹68.43 M

Satisfied Charges

₹104.76 M

Charges Breakdown by Lending Institutions

  • Others : 3.89 Cr
  • Nkgsb Co.Op Bank Ltd. : 2.25 Cr
  • The North Kanara G.S.B. Co-Operative Bank Limited : 0.32 Cr
  • Hdfc Bank Limited : 0.21 Cr
  • Nkgsb Co-Op. Bank Ltd. : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jun 2021Hdfc Bank Limited₹2.11 MOpen
11 Mar 2020Others₹3.89 CrOpen
15 Dec 2012Nkgsb Co.Op Bank Ltd.₹2.25 CrOpen
16 Jun 2012Nkgsb Co-Op. Bank Ltd.₹1.80 MOpen
18 Jun 2006The North Kanara G.S.B. Co-Operative Bank Limited₹3.15 MOpen

How Many Employees Work at Desh Wire Products?

Desh Wire Products has a workforce of 15 employees as of Apr 04, 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 Desh Wire Products, 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 Desh Wire Products'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 Desh Wire Products

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 38.88 M registered on 11 Mar 2020 with Charge ID 100331424 was modified on 04 Jan 2023.

    04 Jan 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.11 M with Charge ID 100457436 was registered on 11 Jun 2021.

    11 Jun 2021

  • Charges

    A charge with Others amounted to Rs. 38.88 M with Charge ID 100331424 was registered on 11 Mar 2020.

    11 Mar 2020

  • Charges

    A charge registered on 01 Mar 2013 via Charge ID 10412176 with Nkgbs Co-Operative Bank was fully satisfied on 13 Jan 2020.

    13 Jan 2020

Frequently asked questions

  • Desh Wire Products Private Limited was incorporated on 23 Jul 1997.

  • The authorized share capital of Desh Wire Products Private Limited is ₹ 8.00 M and paid-up capital is ₹ 5.70 M.

  • Currently 3 directors are associated with Desh Wire Products Private Limited.

    • Ajay Gamanlal Desai
    • Jignesh Shankarlal Shah
    • Piyush Purshottam Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desh Wire Products Private Limited is J/21 Paim Acres Co Op Hsgsoc Ltd Mahatma Phule Rd Mulund (E), Mumbai, Maharashtra, India, 400081.

  • The corporate identification number (CIN) of Desh Wire Products Private Limited is U27200MH1997PTC109564 and the company number is 109564 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Desh Wire Products Private Limited is https://www.deshwirerope.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Desh Wire Products Private Limited has risen by 34.69%.

  • As Per 2023 financial reports, 15 employees are currently employed by Desh Wire Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Desh Wire Products Private Limited has experienced an upsurge of 0.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Desh Wire Products Private Limited amount to ₹ 6.84 Cr.

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

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