Drawmet Wires Pvt Ltd

Manufacturer of stainless steel wire and wire ropes for global export.

1988 | Alwar, Rajasthan (India) | Active
Last Updated: January 01, 2025

Drawmet Wires Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.90 M
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.31 Cr
  • Revenue Growth -1.53%
  • Profit Growth -23.78%
  • Ebitda -17.07%
  • Net Worth 18.53%
  • Total Assets 8.33%

About Drawmet Wires

Drawmet Wires Pvt Ltd (DWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 May 1988 and has a history of 36 years and eight months. Its registered office is in Alwar, Rajasthan, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.90 M.

The company has closed loans amounting to ₹13.31 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mahavir Jain, Pranay Jain, and Rajiv Jain serve as directors at the Company.

Company Details

  • Location

    Alwar, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300RJ1988PTC035751

  • Company No.

    035751

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 May 1988

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

What products or services does Drawmet Wires Pvt Ltd offer?

Drawmet Wires Pvt Ltd offers a wide range of products and services, including Metal and Alloy Wires, Metal Wire, Electrical Cables & Wires, Wires, Wire Mesh & Gratings, Steel Mesh.

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

Executive Team (1)

Name Designation Appointment Date Status
Rajiv Jain Country flag representing In Managing Director 28-Nov-2000 Current

Board Members (2)

Name Designation Appointment Date Status
Mahavir Jain Country flag representing In Director 27-Nov-2000 Current
Pranay Jain Country flag representing In Director 17-Nov-2021 Current

Financial Performance of Drawmet Wires.

Drawmet Wires Pvt Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.53% decrease. The company also saw a substantial fall in profitability, with a 23.78% decrease in profit. The company's net worth Soared by an impressive increase of 18.53%.

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
-1.53%
Revenue from Operations
-0.70%
Total Assets
8.33%
Profit or Loss
-23.78%
Net Worth
18.53%
EBITDA
-17.07%

What is the Ownership and Shareholding Structure of Drawmet Wires?

In 2022, Drawmet Wires 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

₹0

Satisfied Charges

₹13.31 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Bikaner & Jaipur : 12.90 Cr
  • State Bank Of Bikaner And Jaipur : 0.41 Cr

Latest Charge Details

Date Lender Amount Status
17 Mar 1989 State Bank Of Bikaner And Jaipur ₹4.10 M Satisfied
17 Mar 1989 State Bank Of Bikaner & Jaipur ₹12.90 Cr Satisfied

How Many Employees Work at Drawmet Wires?

Drawmet Wires has a workforce of 15 employees as of Apr 08, 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 Drawmet 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 Drawmet 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 Drawmet Wires

Recent activity within the organization

  • Annual General Meeting

    Drawmet Wires Pvt Ltd last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Balance Sheet

    Drawmet Wires Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Director Appointment

    Pranay Jain was appointed as a Director was appointed as a Director on 17 Nov 2021 & has been associated with this company since 3 years 2 months .

    17 Nov 2021

  • Charges

    A charge registered on 17 Mar 1989 via Charge ID 90072145 with State Bank Of Bikaner And Jaipur was fully satisfied on 20 Nov 2014.

    20 Nov 2014

  • Charges

    A charge registered on 17 Mar 1989 via Charge ID 90072380 with State Bank Of Bikaner & Jaipur was fully satisfied on 20 Nov 2014.

    20 Nov 2014

  • Charges

    A charge with State Bank Of Bikaner & Jaipur of Rs. 12.90 Cr registered on 17 Mar 1989 with Charge ID 90072380 was modified on 12 Nov 2007.

    12 Nov 2007

Frequently asked questions

  • Drawmet Wires Pvt Ltd was incorporated on 17 May 1988.

  • The authorized share capital of Drawmet Wires Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 3.90 M.

  • Currently 3 directors are associated with Drawmet Wires Pvt Ltd.

    • Mahavir Prashad Jain
    • Pranay Jain
    • Rajiv Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Drawmet Wires Pvt Ltd is B-482, Industrial Area India, Bhiwadi, Rajasthan, 301019.

  • The corporate identification number (CIN) of Drawmet Wires Pvt Ltd is U31300RJ1988PTC035751 and the company number is 035751 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Drawmet Wires Pvt Ltd is https://www.drawmetwires.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for Drawmet Wires Pvt Ltd has fallen by -1.53%.

  • As Per 2022 financial reports, 15 employees are currently employed by Drawmet Wires Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Drawmet Wires Pvt Ltd has experienced an upsurge of 18.53%.

  • The most recent Balance Sheet for Drawmet Wires Pvt Ltd was filed with the ROC on 31 Mar 2024.