Indo Mag Wires Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 4.00 M
- Company Age 18 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.81 Cr
- Satisfied Charges ₹ 2.25 Cr
- Revenue Growth 14.55%
- Profit Growth 86.25%
- Ebitda 22.09%
- Net Worth 31.59%
- Total Assets 18.34%
About Indo Mag Wires
Indo Mag Wires Private Limited (IMWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 2006 and has a history of 18 years and ten months. Its registered office is in Area,Mohali(Pb)., Punjab.
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 4.00 M and a paid-up capital of Rs 4.00 M.
The company currently has active open charges totaling ₹4.81 Cr. The company has closed loans amounting to ₹2.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ranjit Singh, Darshan Lambra, and Gurpal Dulat serve as directors at the Company.
Company Details
- Location Area,Mohali(Pb)., Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300PB2006PTC030473
- Company No.
030473
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jul 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
What products or services does Indo Mag Wires Private Limited offer?
Indo Mag Wires Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Copper Wires, Metal Wire.
Indo Mag Wires Private Limited
Explore comprehensive data for Indo Mag Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Indo Mag Wires?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranjit Singh  | Whole-Time Director | 28-Jun-2010 | Current |
| Darshan Lambra | Whole-Time Director | 28-Jun-2010 | Current |
| Gurpal Dulat | Director | 28-Oct-2020 | Current |
Financial Performance of Indo Mag Wires.
Indo Mag Wires Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 14.55% increase. The company also saw a substantial improvement in profitability, with a 86.25% increase in profit. The company's net worth Soared by an impressive increase of 31.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indo Mag Wires?
In 2021, Indo Mag 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.
Charges (Loans)
Open Charges
₹48.14 M
Satisfied Charges
₹22.45 M
Charges Breakdown by Lending Institutions
- Others : 4.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2018 | Others | ₹4.80 M | Open |
| 25 Feb 2015 | Others | ₹4.33 Cr | Open |
| 10 Aug 2011 | Indusind Bank Ltd. | ₹3.15 M | Satisfied |
| 08 Apr 2008 | Indusind Bank Limited | ₹1.93 Cr | Satisfied |
How Many Employees Work at Indo Mag Wires?
Indo Mag Wires has a workforce of 9 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indo Mag 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 Indo Mag Wires'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 Indo Mag Wires
Recent activity within the organization
- Annual General Meeting
Indo Mag Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Indo Mag Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Others of Rs. 43.34 M registered on 25 Feb 2015 with Charge ID 10553468 was modified on 24 Aug 2023.
- Director Appointment
Gurpal Kaur Dulat was appointed as a Director was appointed as a Director on 28 Oct 2020 & has been associated with this company since 4 years 6 months .
- Charges
A charge with Others amounted to Rs. 4.80 M with Charge ID 100223752 was registered on 19 Dec 2018.
- Charges
A charge registered on 10 Aug 2011 via Charge ID 10306787 with Indusind Bank Ltd. was fully satisfied on 27 Feb 2015.
Frequently asked questions
What is the Incorporation or founding date of Indo Mag Wires Private Limited?
Indo Mag Wires Private Limited was incorporated on 12 Jul 2006.
What is authorized share capital and paid-up capital of Indo Mag Wires Private Limited?
The authorized share capital of Indo Mag Wires Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.
Who are the current board members & directors of Indo Mag Wires Private Limited?
Currently 3 directors are associated with Indo Mag Wires Private Limited.
- Ranjit Singh
- Darshan Singh Lambra
- Gurpal Kaur Dulat
What is the registered address of Indo Mag Wires Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indo Mag Wires Private Limited is Plot No.520 Phase 9, Industrial India, AreaMohali(Pb)., Punjab.
What is the corporate identification number (CIN) and company number of Indo Mag Wires Private Limited?
The corporate identification number (CIN) of Indo Mag Wires Private Limited is U31300PB2006PTC030473 and the company number is 030473 as per Ministry of Corporate Affairs (MCA).
What is the official website of Indo Mag Wires Private Limited?
The Official website of Indo Mag Wires Private Limited is https://www.indomagwires.com
What has been the recent revenue trend for Indo Mag Wires Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Indo Mag Wires Private Limited has risen by 14.55%.
How many employees does Indo Mag Wires Private Limited currently have?
As Per 2021 financial reports, 9 employees are currently employed by Indo Mag Wires Private Limited.
What change has been observed in the net worth of Indo Mag Wires Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Indo Mag Wires Private Limited has experienced an upsurge of 31.59%.
What are the total open charges for Indo Mag Wires Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Indo Mag Wires Private Limited amount to ₹ 4.81 Cr.
When was the last Balance Sheet of Indo Mag Wires Private Limited filed with the ROC?
The most recent Balance Sheet for Indo Mag Wires Private Limited was filed with the ROC on 31 Mar 2024.
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