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Magnet Wires (Pvt) Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 16-11-2024
- Paid Up Capital ₹ 0.10 M
as on 16-11-2024
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 41.71%
(FY 2023)
- Profit 35.72%
(FY 2023)
- Ebitda 7.85%
(FY 2023)
- Net Worth 34.47%
(FY 2023)
- Total Assets 16.45%
(FY 2023)
About Magnet Wires (Pvt)
The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Rosy Sindhwani, Sanjay Sindhwani, and Akshat Sindhwani serve as directors at the Company.
- CIN/LLPIN
U31300DL1999PTC101467
- Company No.
101467
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Sep 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Magnet Wires (Pvt) Ltd. offer?
Magnet Wires (Pvt) Ltd. offers a wide range of products and services, including Copper & Brass Products, Brass Machining Parts, Cables & Wiring Components, Cable Gland and Accessories, Enclosures & Cabinets, Plastic Enclosures, Electrical Panels & Distribution Box, Junction Boxes, Electric Motors and Components, Brushless DC Motor.
Who are the key members and board of directors at Magnet Wires (Pvt)?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rosy Sindhwani  | Director | 28-Oct-1999 | Current |
| Sanjay Sindhwani | Director | 28-Oct-1999 | Current |
| Akshat Sindhwani | Director | 25-Aug-2023 | Current |
Financial Performance of Magnet Wires (Pvt).
Magnet Wires (Pvt) Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 41.71% increase. The company also saw a substantial improvement in profitability, with a 35.72% increase in profit. The company's net worth Soared by an impressive increase of 34.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magnet Wires (Pvt)?
In 2023, Magnet Wires (Pvt) 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)
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magnet Wires (Pvt)?
Magnet Wires (Pvt) has a workforce of 11 employees as of Mar 23, 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 Magnet Wires (Pvt), 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 Magnet Wires (Pvt)'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.
