Laurel Wires Profile
Key Indicators
- Authorised Capital ₹ 1.99 Cr
- Paid Up Capital ₹ 1.65 Cr
- Company Age 29 Year, 4 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 four 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
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
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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 LlpSandeep Jain, Sudhir Jain and 1 more are mutual person
- Utopia Events Llp
Sandeep Jain is a mutual person
Charges (Loans)
₹8.39 Cr
₹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
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