Laurel Wires Profile
Key Indicators
- Authorised Capital ₹ 1.99 Cr
- Paid Up Capital ₹ 1.65 Cr
- Company Age 29 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.39 Cr
- Satisfied Charges ₹ 16.00 Cr
- Revenue Growth -3.03%
- Profit Growth -1787.55%
- Ebitda -79.51%
- Net Worth -4.44%
- Total Assets 3.34%
About Laurel Wires
Laurel Wires Limited (LWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 October 1995 and has a history of 29 years and five months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.99 Cr and a paid-up capital of Rs 1.65 Cr.
The company currently has active open charges totaling ₹8.39 Cr. The company has closed loans amounting to ₹16.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sandeep Jain, Sudhir Jain, Sameer Jain, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300MH1995PLC093811
- Company No.
093811
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Oct 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
Who are the key members and board of directors at Laurel Wires?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Jain  | Managing Director | 18-Oct-1995 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudhir Jain | Director | 18-Oct-1995 | Current |
| Sameer Jain | Director | 18-Oct-1995 | Current |
| Nisha Jain | Director | 22-Mar-2022 | Current |
| Pratiksha Jain | Director | 22-Mar-2022 | Current |
Financial Performance of Laurel Wires.
Laurel Wires Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.03% decrease. The company also saw a substantial fall in profitability, with a 1787.55% decrease in profit. The company's net worth dipped by a decrease of 4.44%.
- 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 Laurel Wires?
In 2023, Laurel 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.
Related Corporates (Common Directorship)
Bombay Metal Exchange LimitedSandeep Jain is a mutual person
- Laurel Industries Llp
Sandeep Jain, Sudhir Jain and 1 more are mutual person
- Utopia Events Llp
Sandeep Jain is a mutual person
Charges (Loans)
Open Charges
₹8.39 Cr
Satisfied Charges
₹16.00 Cr
Charges Breakdown by Lending Institutions
- Others : 8.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2022 | Others | ₹3.42 M | Open |
| 31 Oct 2020 | Others | ₹3.45 M | Open |
| 16 Sep 2020 | Others | ₹4.25 Cr | Open |
| 07 May 2019 | Others | ₹3.45 Cr | Open |
| 18 Aug 2010 | Oriental Bank Of Commerce | ₹5.75 Cr | Satisfied |
How Many Employees Work at Laurel Wires?
Laurel Wires has a workforce of 19 employees as of Mar 22, 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 Laurel 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 Laurel 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 Laurel Wires
Recent activity within the organization
- Charges
A charge with Others of Rs. 4.25 Cr registered on 16 Sep 2020 with Charge ID 100369539 was modified on 24 Nov 2023.
- Annual General Meeting
Laurel Wires Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Laurel Wires Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Nisha Sudhir Jain was appointed as a Director was appointed as a Director on 22 Mar 2022 & has been associated with this company since 3 years 6 days .
- Director Appointment
Pratiksha Sandeep Jain was appointed as a Director was appointed as a Director on 22 Mar 2022 & has been associated with this company since 3 years 6 days .
- Charges
A charge with Others amounted to Rs. 0.34 Cr with Charge ID 100529156 was registered on 03 Jan 2022.
Frequently asked questions
What is the Incorporation or founding date of Laurel Wires Limited?
Laurel Wires Limited was incorporated on 18 Oct 1995.
What is authorized share capital and paid-up capital of Laurel Wires Limited?
The authorized share capital of Laurel Wires Limited is ₹ 1.99 Cr and paid-up capital is ₹ 1.65 Cr.
Who are the current board members & directors of Laurel Wires Limited?
Currently 5 directors are associated with Laurel Wires Limited.
- Sandeep Tarachand Jain
- Sudhir Tarachand Jain
- Sameer Tarachand Jain
- Nisha Sudhir Jain
- Pratiksha Sandeep Jain
What is the registered address of Laurel Wires Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Laurel Wires Limited is C-203 Crystal Plaza New Link Road, Andheri(W) India, Mumbai, Maharashtra, 400053.
What is the corporate identification number (CIN) and company number of Laurel Wires Limited?
The corporate identification number (CIN) of Laurel Wires Limited is U31300MH1995PLC093811 and the company number is 093811 as per Ministry of Corporate Affairs (MCA).
What is the official website of Laurel Wires Limited?
The Official website of Laurel Wires Limited is https://www.laurel.in
What has been the recent revenue trend for Laurel Wires Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Laurel Wires Limited has fallen by -3.03%.
How many employees does Laurel Wires Limited currently have?
As Per 2023 financial reports, 19 employees are currently employed by Laurel Wires Limited.
What change has been observed in the net worth of Laurel Wires Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Laurel Wires Limited has experienced an downturn of -4.44%.
What are the total open charges for Laurel Wires Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Laurel Wires Limited amount to ₹ 8.39 Cr.
When was the last Balance Sheet of Laurel Wires Limited filed with the ROC?
The most recent Balance Sheet for Laurel Wires Limited was filed with the ROC on 31 Mar 2023.