Maharastra Magnet Wires Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.05 M
- Company Age 28 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.50 Cr
- Revenue Growth 6.03%
- Profit Growth -40.72%
- Ebitda -143.24%
- Net Worth 4.71%
- Total Assets 14.11%
About Maharastra Magnet Wires
Maharastra Magnet Wires Private Limited (MMWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 August 1996 and has a history of 28 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.05 M.
The company currently has active open charges totaling ₹5.50 Cr.
Mohan Rathi, Girish Rathi, Sheetal Rathi, and One other member 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
U31300MH1996PTC102180
- Company No.
102180
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Aug 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Maharastra Magnet Wires?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohan Rathi  | Director | 27-Aug-1996 | Current |
| Girish Rathi | Director | 15-Jan-2018 | Current |
| Sheetal Rathi | Director | 18-May-2023 | Current |
| Nand Rathi | Director | 10-Oct-2020 | Current |
Financial Performance of Maharastra Magnet Wires.
Maharastra Magnet Wires Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.03% increase. The company also saw a substantial fall in profitability, with a 40.72% decrease in profit. The company's net worth moved up by a moderate rise of 4.71%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Maharastra Magnet Wires?
In 2023, Maharastra Magnet Wires had a promoter holding of 40.29% and a public holding of 59.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bhilai Conductors Pvt LtdMohan Rathi is a mutual person
Classique Insulated Conductors Private LimitedMohan Rathi, Girish Rathi and 1 more are mutual person
- Winding Wires Manufacturers Association Of India
Mohan Rathi is a mutual person
- Bhilai Cold Storage And Warehousing Private Limited
Mohan Rathi is a mutual person
Charges (Loans)
₹55.00 M
₹0
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 5.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2013 | Bank Of Baroda | ₹5.00 Cr | Open |
| 20 Jul 1998 | Bank Of Baroda | ₹5.00 M | Open |
How Many Employees Work at Maharastra Magnet Wires?
Maharastra Magnet Wires has a workforce of 25 employees as of Apr 07, 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 Maharastra Magnet 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 Maharastra Magnet 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.
