Millennium Wires Private Limited

Manufacturer of copper wires and enameled conductors for electrical appliances, with global exports.

2001 | Jalandhar, Punjab (India) | Under Liquidation
Last Updated: April 18, 2024

Millennium Wires Profile

Key Indicators

  • Authorised Capital ₹ 4.70 Cr
  • Paid Up Capital ₹ 4.70 Cr
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 42.95 Cr
  • Satisfied Charges ₹ 3.90 Cr
  • Revenue Growth -52.99%
  • Profit Growth 2.90%
  • Ebitda -151.06%
  • Net Worth -129.28%
  • Total Assets -24.90%

About Millennium Wires

Millennium Wires Private Limited (MWPL) is Under Liquidation company established on 16 Apr 2001 with its office registered at Jalandhar, Punjab, India and has been running since 23 Year, 9 Months with a paid up capital of 4.70 Cr. According to MCA records, 2 Directors are linked to this company as of 18 Apr 2024.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300PB2001PTC024339

  • Company No.

    024339

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 2001

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Millennium Wires?

Board Members (2)

Name Designation Appointment Date Status
Sarita Khanna Country flag representing In Director 21-Nov-2001 Current
Rakesh Khanna Country flag representing In Director 21-Sep-2005 Current

Financial Performance of Millennium Wires.

Millennium Wires Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 52.99% decrease. The company also saw a slight improvement in profitability, with a 2.9% increase in profit. The company's net worth observed a substantial decline by a decrease of 129.28%.

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
-52.99%
Revenue from Operations
-53.04%
Total Assets
-24.90%
Profit or Loss
2.90%
Net Worth
-129.28%
EBITDA
-151.06%

What is the Ownership and Shareholding Structure of Millennium Wires?

In 2017, Millennium 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.95 Cr

Satisfied Charges

₹3.90 Cr

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 42.95 Cr

Latest Charge Details

Date Lender Amount Status
24 Sep 2009 Oriental Bank Of Commerce ₹9.76 M Open
15 Feb 2002 Oriental Bank Of Commerce ₹41.97 Cr Open
07 Apr 2011 Oriental Bank Of Commerce ₹1.55 Cr Satisfied
16 Feb 2009 Oriental Bank Of Commerce ₹6.00 M Satisfied
07 Apr 2008 Oriental Bank Of Commerce ₹3.24 M Satisfied

How Many Employees Work at Millennium Wires?

Unlock and access historical data on people associated with Millennium Wires, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Millennium 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 Millennium Wires'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 Millennium Wires

Recent activity within the organization

  • Annual General Meeting

    Millennium Wires Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Millennium Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh.

    31 Mar 2018

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 41.97 Cr registered on 15 Feb 2002 with Charge ID 90174039 was modified on 11 Oct 2014.

    11 Oct 2014

  • Charges

    A charge registered on 07 Apr 2011 via Charge ID 10278727 with Oriental Bank Of Commerce was fully satisfied on 06 Jun 2012.

    06 Jun 2012

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 1.55 Cr with Charge ID 10278727 was registered on 07 Apr 2011.

    07 Apr 2011

  • Charges

    A charge registered on 07 Apr 2008 via Charge ID 10102223 with Oriental Bank Of Commerce was fully satisfied on 23 Feb 2011.

    23 Feb 2011

Frequently asked questions

  • Millennium Wires Private Limited was incorporated on 16 Apr 2001.

  • The authorized share capital of Millennium Wires Private Limited is ₹ 4.70 Cr and paid-up capital is ₹ 4.70 Cr.

  • Currently 2 directors are associated with Millennium Wires Private Limited.

    • Sarita Khanna
    • Rakesh Khanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millennium Wires Private Limited is 397 Lajpat Nagar, Near Gymkhana Club, Jalandhar, Punjab, India, 144001.

  • The corporate identification number (CIN) of Millennium Wires Private Limited is U31300PB2001PTC024339 and the company number is 024339 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Millennium Wires Private Limited has fallen by -52.99%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Millennium Wires Private Limited has experienced an downturn of -129.28%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Millennium Wires Private Limited amount to ₹ 42.95 Cr.

  • The most recent Balance Sheet for Millennium Wires Private Limited was filed with the ROC on 31 Mar 2018.

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