Essvee Wires India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.90 M
- Company Age 20 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 44.33 Cr
- Satisfied Charges ₹ 9.55 Cr
- Revenue Growth -0.86%
- Profit Growth -48.75%
- Ebitda -5.45%
- Net Worth 21.74%
- Total Assets 37.60%
About Essvee Wires India
Essvee Wires India Private Limited (EWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 April 2004 and has a history of 20 years and 11 months. Its registered office is in Salem, Tamil Nadu, India.
The Corporate was formerly known as Shah Vikaas Wires Tamilnadu 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 1.00 Cr and a paid-up capital of Rs 5.90 M.
The company currently has active open charges totaling ₹44.33 Cr. The company has closed loans amounting to ₹9.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jyothi Shah and Vikas Shah serve as directors at the Company.
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909TZ2004PTC011085
- Company No.
011085
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Apr 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Essvee Wires India Private Limited offer?
Essvee Wires India Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Copper Wires.
Essvee Wires India Private Limited
Explore comprehensive data for Essvee Wires India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Essvee Wires India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Shah  | Managing Director | 09-Jun-2012 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jyothi Shah | Director | 08-Apr-2004 | Current |
Financial Performance of Essvee Wires India.
Essvee Wires India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.86% decrease. The company also saw a substantial fall in profitability, with a 48.75% decrease in profit. The company's net worth Soared by an impressive increase of 21.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Essvee Wires India?
In 2023, Essvee Wires India had a promoter holding of 78.25% and a public holding of 21.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Copral Energy Private LimitedVikas Shah is a mutual person
Charges (Loans)
Open Charges
₹44.33 Cr
Satisfied Charges
₹9.55 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 35.48 Cr
- Sidbi : 7.65 Cr
- Others : 1.10 Cr
- Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2024 | Karnataka Bank Ltd. | ₹4.98 Cr | Open |
| 16 Nov 2023 | Others | ₹1.10 Cr | Open |
| 23 Jun 2023 | Hdfc Bank Limited | ₹1.00 M | Open |
| 27 Mar 2023 | Sidbi | ₹6.60 Cr | Open |
| 08 Nov 2018 | Sidbi | ₹1.05 Cr | Open |
How Many Employees Work at Essvee Wires India?
Essvee Wires India has a workforce of 28 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Essvee Wires India, 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 Essvee Wires India's trajectory.
Rating
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
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 Essvee Wires India
Recent activity within the organization
- Charges
A charge registered on 01 Jun 2020 via Charge ID 100338217 with Sidbi was fully satisfied on 07 Jun 2024.
- Charges
A charge registered on 29 Sep 2021 via Charge ID 100499555 with Karnataka Bank Ltd. was fully satisfied on 04 Jun 2024.
- Charges
A charge registered on 29 Jun 2020 via Charge ID 100347907 with Karnataka Bank Ltd. was fully satisfied on 04 Jun 2024.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 4.98 Cr with Charge ID 100926385 was registered on 03 May 2024.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 30.50 Cr registered on 01 Mar 2013 with Charge ID 10411344 was modified on 31 Jan 2024.
- Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 100813229 was registered on 16 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Essvee Wires India Private Limited?
Essvee Wires India Private Limited was incorporated on 08 Apr 2004.
What is authorized share capital and paid-up capital of Essvee Wires India Private Limited?
The authorized share capital of Essvee Wires India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.90 M.
Who are the current board members & directors of Essvee Wires India Private Limited?
Currently 2 directors are associated with Essvee Wires India Private Limited.
- Jyothi Vikas Shah
- Vikas Kanubai Shah
What is the registered address of Essvee Wires India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Essvee Wires India Private Limited is No.6 Womens Industrial Estate Omalur Tk, Karuppur India, Salem, Tamil Nadu, 636012.
What is the corporate identification number (CIN) and company number of Essvee Wires India Private Limited?
The corporate identification number (CIN) of Essvee Wires India Private Limited is U51909TZ2004PTC011085 and the company number is 011085 as per Ministry of Corporate Affairs (MCA).
What is the official website of Essvee Wires India Private Limited?
The Official website of Essvee Wires India Private Limited is https://www.essveewires.com
What has been the recent revenue trend for Essvee Wires India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Essvee Wires India Private Limited has fallen by -0.86%.
How many employees does Essvee Wires India Private Limited currently have?
As Per 2023 financial reports, 28 employees are currently employed by Essvee Wires India Private Limited.
What change has been observed in the net worth of Essvee Wires India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Essvee Wires India Private Limited has experienced an upsurge of 21.74%.
What are the total open charges for Essvee Wires India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Essvee Wires India Private Limited amount to ₹ 44.33 Cr.
When was the last Balance Sheet of Essvee Wires India Private Limited filed with the ROC?
The most recent Balance Sheet for Essvee Wires India Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Kanu ShahDirectorNS
Nimisha ShahDirectorMS
Manishkumar ShahManaging DirectorGS
Gopalakrishnan SridharManaging DirectorSM
Sridhar MangammalDirector