Kritika Wires Limited

Manufacturer of various types of steel and galvanized wire, certified for quality and safety.

2004 | Kolkata, West Bengal (India) | Active
Last Updated: June 29, 2024

Kritika Wires Profile

Key Indicators

  • Authorised Capital ₹ 54.00 Cr
  • Paid Up Capital ₹ 53.26 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 133.00 Cr
  • Satisfied Charges ₹ 202.15 Cr
  • Revenue Growth 16.37%
  • Profit Growth 48.67%
  • Ebitda 11.23%
  • Net Worth 7.35%
  • Total Assets -4.36%

About Kritika Wires

Kritika Wires Limited (KWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 2004 and has a history of 20 years and eight months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol KRITIKA.

The Corporate was formerly known as Kritika Wires 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 54.00 Cr and a paid-up capital of Rs 53.26 Cr.

The company currently has active open charges totaling ₹133.00 Cr. The company has closed loans amounting to ₹202.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kritika Wires Limited India are Anand Sharma as CFO and Mahesh Sharma as Company Secretary. Hanuman Agarwal, Naresh Agarwal, Shiv Saraff, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27102WB2004PLC098699

  • Company No.

    098699

  • Stock Symbol

    NSE : KRITIKA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Kritika Wires Limited offer?

Kritika Wires Limited offers a wide range of products and services, including Iron Wire, GI Stay Wire, Metal Wire, Galvanized Wire, Fencing Wire, Barbed Wire, Umbrella Parts, Metal and Alloy Wires, Steel Wire, ACSR Core Wires.

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

Executive Team (3)

Name Designation Appointment Date Status
Hanuman Agarwal Country flag representing In Managing Director 06-Mar-2018 Current
Anand Sharma CFO 07-May-2018 Current
Mahesh Sharma Company Secretary 04-Jul-2016 Current

Board Members (7)

Name Designation Appointment Date Status
Shiv Saraff Country flag representing In Director 18-Feb-2022 Current
Naresh Agarwal Country flag representing In Whole-Time Director 30-Sep-2008 Current
Sanjeev Binani Country flag representing In Director 31-May-2004 Current
Ankush Agarwal Country flag representing In Whole-Time Director 06-Mar-2018 Current
Pooja Bothra Country flag representing In Director Current
Niraj Jindal Country flag representing In Director 18-Feb-2022 Current

Financial Performance of Kritika Wires.

Kritika Wires Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.37% increase. The company also saw a substantial improvement in profitability, with a 48.67% increase in profit. The company's net worth moved up by a moderate rise of 7.35%.

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
16.37%
Revenue from Operations
15.83%
Total Assets
-4.36%
Profit or Loss
48.67%
Net Worth
7.35%
EBITDA
11.23%

What is the Ownership and Shareholding Structure of Kritika Wires?

In 2022, Kritika Wires had a promoter holding of 72.89% and a public holding of 27.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹133.00 Cr

Satisfied Charges

₹202.15 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 59.50 Cr
  • Others : 40.00 Cr
  • Yes Bank Limited : 23.50 Cr
  • Karnataka Bank Ltd. : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
08 Sep 2023 Yes Bank Limited ₹23.50 Cr Open
30 May 2023 Others ₹40.00 Cr Open
21 Dec 2022 Axis Bank Limited ₹59.50 Cr Open
20 Feb 2018 Karnataka Bank Ltd. ₹10.00 Cr Open
30 Jul 2020 State Bank Of India ₹49.10 Cr Satisfied

How Many Employees Work at Kritika Wires?

Kritika Wires has a workforce of 148 employees as of Apr 02, 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 Kritika 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 Kritika 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 Kritika Wires

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 23.50 Cr registered on 08 Sep 2023 with Charge ID 100785683 was modified on 27 May 2024.

    27 May 2024

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 30 May 2023 with Charge ID 100733913 was modified on 17 May 2024.

    17 May 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 59.50 Cr registered on 21 Dec 2022 with Charge ID 100666507 was modified on 07 May 2024.

    07 May 2024

  • Annual General Meeting

    Kritika Wires Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 23.50 Cr with Charge ID 100785683 was registered on 08 Sep 2023.

    08 Sep 2023

  • Charges

    A charge registered on 30 Jul 2020 via Charge ID 100396485 with State Bank Of India was fully satisfied on 06 Jun 2023.

    06 Jun 2023

Frequently asked questions

  • Kritika Wires Limited was incorporated on 31 May 2004.

  • The authorized share capital of Kritika Wires Limited is ₹ 54.00 Cr and paid-up capital is ₹ 53.26 Cr.

  • Currently 10 directors are associated with Kritika Wires Limited.

    • Hanuman Prasad Agarwal
    • Naresh Kumar Agarwal
    • Shiv Kumar Saraff
    • Sanjeev Binani
    • Ankush Agarwal
    • Pooja Bothra
    • Niraj Jindal
    • Rajiv Adukia
    • Anand Kumar Sharma
    • Mahesh Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kritika Wires Limited is 1A, Bonfield Lane Mezanine Floor India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Kritika Wires Limited is L27102WB2004PLC098699 and the company number is 098699 as per Ministry of Corporate Affairs (MCA).

  • Yes, Kritika Wires Limited is registered on National Stock Exchange (NSE).

  • The Official website of Kritika Wires Limited is https://www.kritikawires.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kritika Wires Limited has risen by 16.37%.

  • As Per 2023 financial reports, 148 employees are currently employed by Kritika Wires Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kritika Wires Limited has experienced an upsurge of 7.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kritika Wires Limited amount to ₹ 133.00 Cr.

  • The most recent Balance Sheet for Kritika Wires Limited was filed with the ROC on 31 Mar 2023.

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