Desmet Steel And Wires Pvt. Ltd.

Metal trading company established in 1989, based in Mumbai, Maharashtra.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Desmet Steel And Wires Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.99 M
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.55 M
  • Revenue Growth 18.69%
  • Profit Growth -21.56%
  • Ebitda -7.05%
  • Net Worth 6.94%
  • Total Assets 64.60%

About Desmet Steel And Wires

Desmet Steel And Wires Pvt. Ltd. (DSAWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 May 1989 and has a history of 35 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 4.00 M and a paid-up capital of Rs 3.99 M.

The company currently has active open charges totaling ₹2.55 M.

Ruchit Shah and Satishkumar Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1989PTC051642

  • Company No.

    051642

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Desmet Steel And Wires Pvt. Ltd. offer?

Desmet Steel And Wires Pvt. Ltd. offers a wide range of products and services, including Steel Bars, Steel Bright Bar, Steel Rods, Alloy Steel Rod, Round Bars, Steel Round Bars, Round Steel Bar, En Series Steel Bars, Alloy Steel Bars, Carbon Steel Round Bars.

Who are the key members and board of directors at Desmet Steel And Wires?

Board Members (2)

Name Designation Appointment Date Status
Ruchit Shah Country flag representing In Director 31-May-2016 Current
Satishkumar Shah Country flag representing In Director 05-May-1989 Current

Financial Performance of Desmet Steel And Wires.

Desmet Steel And Wires Pvt. Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 18.69% increase. The company also saw a substantial fall in profitability, with a 21.56% decrease in profit. The company's net worth moved up by a moderate rise of 6.94%.

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
18.69%
Revenue from Operations
18.80%
Total Assets
64.60%
Profit or Loss
-21.56%
Net Worth
6.94%
EBITDA
-7.05%

What is the Ownership and Shareholding Structure of Desmet Steel And Wires?

In 2023, Desmet Steel And Wires had a promoter holding of 86.58% and a public holding of 13.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.55 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab & Maharashtra Co-Operative Bank Limited : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
09 Apr 2014 Punjab & Maharashtra Co-Operative Bank Limited ₹2.55 M Open

How Many Employees Work at Desmet Steel And Wires?

Unlock and access historical data on people associated with Desmet Steel And 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 Desmet Steel And 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 Desmet Steel And 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 Desmet Steel And Wires

Recent activity within the organization

  • Annual General Meeting

    Desmet Steel And Wires Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Desmet Steel And Wires Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Ruchit Satish Shah was appointed as a Director was appointed as a Director on 31 May 2016 & has been associated with this company since 8 years 8 months .

    31 May 2016

  • Charges

    A charge with Punjab & Maharashtra Co-Operative Bank Limited amounted to Rs. 2.55 M with Charge ID 10490223 was registered on 09 Apr 2014.

    09 Apr 2014

  • Director Appointment

    Satishkumar Bhurmal Shah was appointed as a Director was appointed as a Director on 05 May 1989 & has been associated with this company since 35 years 9 months .

    05 May 1989

  • Company Incorporation

    Desmet Steel And Wires Pvt. Ltd. was registered on 05 May 1989 with Roc Mumbai & aged 35 years 9 months as per MCA records.

    05 May 1989

Frequently asked questions

  • Desmet Steel And Wires Pvt. Ltd. was incorporated on 05 May 1989.

  • The authorized share capital of Desmet Steel And Wires Pvt. Ltd. is ₹ 4.00 M and paid-up capital is ₹ 3.99 M.

  • Currently 2 directors are associated with Desmet Steel And Wires Pvt. Ltd..

    • Ruchit Satish Shah
    • Satishkumar Bhurmal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desmet Steel And Wires Pvt. Ltd. is Oza Market Railway Siding Behind Haidri Hotel Magazine Street Darukhana, Mumbai, Maharashtra, India, 400010.

  • The corporate identification number (CIN) of Desmet Steel And Wires Pvt. Ltd. is U27100MH1989PTC051642 and the company number is 051642 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Desmet Steel And Wires Pvt. Ltd. has risen by 18.69%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Desmet Steel And Wires Pvt. Ltd. has experienced an upsurge of 6.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Desmet Steel And Wires Pvt. Ltd. amount to ₹ 2.55 M.

  • The most recent Balance Sheet for Desmet Steel And Wires Pvt. Ltd. was filed with the ROC on 31 Mar 2023.

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