Macro Bars And Wires (India) Pvt Ltd

Produces and exports stainless steel wires for various industrial and domestic uses.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Macro Bars And Wires (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 13.00 Cr
  • Revenue Growth -19.59%
  • Profit Growth -61.50%
  • Ebitda -10.05%
  • Net Worth 1.76%
  • Total Assets -19.71%

About Macro Bars And Wires (India)

Macro Bars And Wires (India) Pvt Ltd (MBAWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 1991 and has a history of 33 years and six 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 1.00 Cr and a paid-up capital of Rs 6.00 M.

The company has closed loans amounting to ₹13.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vikram Kanugo, Jitendra Kanugo, Parikshit Vaid, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mbwindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200MH1991PTC062752

  • Company No.

    062752

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1991

  • 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 Macro Bars And Wires (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Vikram Kanugo Country flag representing In Director 01-Aug-2023Current
Amritesh Vaid Country flag representing In Director 31-Jul-1991Current
Jitendra Kanugo Country flag representing In Director 10-Oct-1995Current
Parikshit Vaid Country flag representing In Director 10-Oct-1995Current

Financial Performance of Macro Bars And Wires (India).

Macro Bars And Wires (India) Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.59% decrease. The company also saw a substantial fall in profitability, with a 61.5% decrease in profit. The company's net worth moved up by a moderate rise of 1.76%.

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
-19.59%
Revenue from Operations
-18.74%
Total Assets
-19.71%
Profit or Loss
-61.50%
Net Worth
1.76%
EBITDA
-10.05%

What is the Ownership and Shareholding Structure of Macro Bars And Wires (India)?

In 2023, Macro Bars And Wires (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹13.00 Cr

Charges Breakdown by Lending Institutions

  • Citibank N. A. : 6.50 Cr
  • The Royal Bank Of Scotland N. V. : 6.50 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2014Citibank N. A.₹6.50 CrSatisfied
10 Feb 2005The Royal Bank Of Scotland N. V.₹6.50 CrSatisfied

How Many Employees Work at Macro Bars And Wires (India)?

Macro Bars And Wires (India) has a workforce of 128 employees as of Apr 04, 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 Macro Bars And Wires (India), 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 Macro Bars And Wires (India)'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 Macro Bars And Wires (India)

Recent activity within the organization

  • Annual General Meeting

    Macro Bars And Wires (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Vikram Dhawalchand Kanugo was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

  • Balance Sheet

    Macro Bars And Wires (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 31 Jan 2014 via Charge ID 10483828 with Citibank N. A. was fully satisfied on 11 Nov 2021.

    11 Nov 2021

  • Charges

    A charge registered on 10 Feb 2005 via Charge ID 90365567 with The Royal Bank Of Scotland N. V. was fully satisfied on 06 May 2014.

    06 May 2014

  • Charges

    A charge with Citibank N. A. amounted to Rs. 6.50 Cr with Charge ID 10483828 was registered on 31 Jan 2014.

    31 Jan 2014

Frequently asked questions

  • Macro Bars And Wires (India) Pvt Ltd was incorporated on 31 Jul 1991.

  • The authorized share capital of Macro Bars And Wires (India) Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 6.00 M.

  • Currently 4 directors are associated with Macro Bars And Wires (India) Pvt Ltd.

    • Vikram Dhawalchand Kanugo
    • Jitendra Dhawalchand Kanugo
    • Parikshit Kamalkishore Vaid
    • Amritesh Kamalkishore Vaid
  • As per Ministry of Corporate Affairs (Mca), the registered address of Macro Bars And Wires (India) Pvt Ltd is 612, Arun Chambers Tardeo Road India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Macro Bars And Wires (India) Pvt Ltd is U27200MH1991PTC062752 and the company number is 062752 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Macro Bars And Wires (India) Pvt Ltd is https://www.mbwindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Macro Bars And Wires (India) Pvt Ltd has fallen by -19.59%.

  • As Per 2023 financial reports, 128 employees are currently employed by Macro Bars And Wires (India) Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Macro Bars And Wires (India) Pvt Ltd has experienced an upsurge of 1.76%.

  • The most recent Balance Sheet for Macro Bars And Wires (India) Pvt Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Cable & Wire