Indo Mag Wires Private Limited logo

Indo Mag Wires Private Limited

Manufacturer of MIG and MAG welding wires for various industries, established in 2006.
2006 | AreaMohali(Pb)., Punjab (India) | Active

Last Updated:

December 11, 2024
HomeCompanyIndo Mag Wires Private Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Ranjit Singh In Whole-Time Director 28-Jun-2010Current
Darshan Lambra In Whole-Time Director 28-Jun-2010Current
Gurpal Dulat In Director 28-Oct-2020Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.55%
Revenue from Operations
14.55%
Total Assets
18.34%
Profit or Loss
86.25%
Net Worth
31.59%
EBITDA
22.09%

Charges (Loans)

Open Charges Satisfied Charges

₹48.14 M

₹22.45 M

LenderAmountStatus

Others

Creation Date: 19 Dec 2018
₹4.80 MOpen

Others

Creation Date: 25 Feb 2015
₹4.33 CrOpen

Indusind Bank Ltd.

Creation Date: 10 Aug 2011
₹3.15 MSatisfied

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.

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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.

    30 Sep 2024

  • Balance Sheet

    Indo Mag Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • 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.

    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 2 months .

    28 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 4.80 M with Charge ID 100223752 was registered on 19 Dec 2018.

    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.

    27 Feb 2015

Frequently asked questions

  • Indo Mag Wires Private Limited was incorporated on 12 Jul 2006.

  • The authorized share capital of Indo Mag Wires Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 3 directors are associated with Indo Mag Wires Private Limited.

    • Ranjit Singh
    • Darshan Singh Lambra
    • Gurpal Kaur Dulat
  • 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.

  • 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).

  • The Official website of Indo Mag Wires Private Limited is https://www.indomagwires.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Indo Mag Wires Private Limited has risen by 14.55%.

  • As Per 2021 financial reports, 9 employees are currently employed by Indo Mag Wires Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Indo Mag Wires Private Limited amount to ₹ 4.81 Cr.

  • The most recent Balance Sheet for Indo Mag Wires Private Limited was filed with the ROC on 31 Mar 2024.

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