Lakshmi Magnet Wires Private Limited
Manufacturer of enameled copper and aluminum wires for various industries, established in 2008.
2008 | Delhi (India) | Active
Lakshmi Magnet Wires Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.66 Cr
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.50 Cr
- Revenue Growth 16.51%
- Profit Growth -5.53%
- Ebitda 2.14%
- Net Worth 9.42%
- Total Assets -4.22%
About Lakshmi Magnet Wires
Lakshmi Magnet Wires Private Limited (LMWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 April 2008 and has a history of 16 years and 11 months. Its registered office is in Delhi, 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 3.00 Cr and a paid-up capital of Rs 1.66 Cr.
The company currently has active open charges totaling ₹9.50 Cr.
Dev Bhatia and Rajan Bhatia serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300DL2008PTC176615
- Company No.
176615
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Apr 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Manufacturing
Metals and Minerals
Lakshmi Magnet Wires Private Limited
Explore comprehensive data for Lakshmi Magnet Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lakshmi Magnet Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dev Bhatia  | Director | 10-Apr-2008 | Current |
| Rajan Bhatia | Director | 10-Apr-2008 | Current |
Financial Performance of Lakshmi Magnet Wires.
Lakshmi Magnet Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.51% increase. The company also saw a slight decrease in profitability, with a 5.53% decrease in profit. The company's net worth moved up by a moderate rise of 9.42%.
- 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 Lakshmi Magnet Wires?
In 2022, Lakshmi Magnet 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
₹9.50 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 9.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2020 | Indian Overseas Bank | ₹1.30 Cr | Open |
| 26 Apr 2019 | Indian Overseas Bank | ₹1.70 M | Open |
| 17 Oct 2018 | Indian Overseas Bank | ₹0.95 M | Open |
| 08 Oct 2010 | Indian Overseas Bank | ₹7.93 Cr | Open |
How Many Employees Work at Lakshmi Magnet Wires?
Lakshmi Magnet Wires has a workforce of 24 employees as of Apr 10, 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 Lakshmi Magnet 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 Lakshmi Magnet 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 Lakshmi Magnet Wires
Recent activity within the organization
- Annual General Meeting
Lakshmi Magnet Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Lakshmi Magnet Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 1.30 Cr with Charge ID 100357047 was registered on 24 Jul 2020.
- Charges
A charge with Indian Overseas Bank of Rs. 7.93 Cr registered on 08 Oct 2010 with Charge ID 10253813 was modified on 02 Jan 2020.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 0.17 Cr with Charge ID 100262572 was registered on 26 Apr 2019.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 0.10 Cr with Charge ID 100214908 was registered on 17 Oct 2018.
Frequently asked questions
What is the Incorporation or founding date of Lakshmi Magnet Wires Private Limited?
Lakshmi Magnet Wires Private Limited was incorporated on 10 Apr 2008.
What is authorized share capital and paid-up capital of Lakshmi Magnet Wires Private Limited?
The authorized share capital of Lakshmi Magnet Wires Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.66 Cr.
Who are the current board members & directors of Lakshmi Magnet Wires Private Limited?
Currently 2 directors are associated with Lakshmi Magnet Wires Private Limited.
- Dev Raj Bhatia
- Rajan Bhatia
What is the registered address of Lakshmi Magnet Wires Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Magnet Wires Private Limited is 4 Lsc, Ram Pratap House Kalkaji India, New Delhi, 110019.
What is the corporate identification number (CIN) and company number of Lakshmi Magnet Wires Private Limited?
The corporate identification number (CIN) of Lakshmi Magnet Wires Private Limited is U31300DL2008PTC176615 and the company number is 176615 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Lakshmi Magnet Wires Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lakshmi Magnet Wires Private Limited has risen by 16.51%.
How many employees does Lakshmi Magnet Wires Private Limited currently have?
As Per 2023 financial reports, 24 employees are currently employed by Lakshmi Magnet Wires Private Limited.
What change has been observed in the net worth of Lakshmi Magnet Wires Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lakshmi Magnet Wires Private Limited has experienced an upsurge of 9.42%.
What are the total open charges for Lakshmi Magnet Wires Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Lakshmi Magnet Wires Private Limited amount to ₹ 9.50 Cr.
When was the last Balance Sheet of Lakshmi Magnet Wires Private Limited filed with the ROC?
The most recent Balance Sheet for Lakshmi Magnet Wires Private Limited was filed with the ROC on 31 Mar 2024.
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