Laurel Wires Profile
Key Indicators
- Authorised Capital ₹ 1.99 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.65 Cr
as on 16-11-2024
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.39 Cr
as on 16-11-2024
- Satisfied Charges ₹ 16.00 Cr
as on 16-11-2024
- Revenue -3.03%
(FY 2023)
- Profit -1787.55%
(FY 2023)
- Ebitda -79.51%
(FY 2023)
- Net Worth -4.44%
(FY 2023)
- Total Assets 3.34%
(FY 2023)
About Laurel Wires
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
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 and Corporate Structure Insights 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
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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)
Laurel Industries LlpActive 11 years 5 monthsSandeep Jain, Sudhir Jain and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Jan 2022 | ₹3.42 M | Open |
Others Creation Date: 31 Oct 2020 | ₹3.45 M | Open |
Others Creation Date: 16 Sep 2020 | ₹4.25 Cr | Open |
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.
