Mimani Wires Private Limited

Manufacturer of copper strips and wires for electrical motors, transformers, and pumps. ISO certified and approved by RDSO.

1979 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 17, 2024

Mimani Wires Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.98 Cr
  • Company Age 45 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.10 Cr
  • Satisfied Charges ₹ 47.29 Cr
  • Revenue Growth 15.85%
  • Profit Growth 60.85%
  • Ebitda -4.20%
  • Net Worth 2.75%
  • Total Assets 17.02%

About Mimani Wires

Mimani Wires Private Limited (MWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 October 1979 and has a history of 45 years and three months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Mimani Wire Pvt Ltd. 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 2.00 Cr and a paid-up capital of Rs 1.98 Cr.

The company currently has active open charges totaling ₹8.10 Cr. The company has closed loans amounting to ₹47.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ram Mimani and Ranjan Mimani serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31200MP1979PTC001547

  • Company No.

    001547

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ranjan Mimani Country flag representing In Managing Director01-Jun-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Ram Mimani Country flag representing In Director 09-Oct-1979Current

Financial Performance of Mimani Wires.

Mimani Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.85% increase. The company also saw a substantial improvement in profitability, with a 60.85% increase in profit. The company's net worth moved up by a moderate rise of 2.75%.

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
15.85%
Revenue from Operations
15.50%
Total Assets
17.02%
Profit or Loss
60.85%
Net Worth
2.75%
EBITDA
-4.20%

What is the Ownership and Shareholding Structure of Mimani Wires?

In 2023, Mimani Wires had a promoter holding of 84.78% and a public holding of 15.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.10 Cr

Satisfied Charges

₹47.29 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.85 Cr
  • Others : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2021Others₹2.47 MOpen
31 Jul 2021Hdfc Bank Limited₹7.85 CrOpen
27 Jan 2015Others₹11.25 CrSatisfied
22 Jul 2010State Bank Of Indore₹1.00 CrSatisfied
22 Jan 2005State Bank Of Indore₹1.40 CrSatisfied

How Many Employees Work at Mimani Wires?

Mimani Wires has a workforce of 29 employees as of Apr 08, 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 Mimani 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 Mimani 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 Mimani Wires

Recent activity within the organization

  • Annual General Meeting

    Mimani Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mimani Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.85 Cr registered on 31 Jul 2021 with Charge ID 100466782 was modified on 16 Oct 2023.

    16 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100541265 was registered on 14 Dec 2021.

    14 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.85 Cr with Charge ID 100466782 was registered on 31 Jul 2021.

    31 Jul 2021

  • Charges

    A charge registered on 27 Jan 2015 via Charge ID 10547722 with Others was fully satisfied on 24 Aug 2020.

    24 Aug 2020

Frequently asked questions

  • Mimani Wires Private Limited was incorporated on 09 Oct 1979.

  • The authorized share capital of Mimani Wires Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.98 Cr.

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

    • Ram Chand Mimani
    • Ranjan Mimani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mimani Wires Private Limited is 26/3, New Palasia Suraj Sadan India, Indore, Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Mimani Wires Private Limited is U31200MP1979PTC001547 and the company number is 001547 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mimani Wires Private Limited is https://www.mimani.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mimani Wires Private Limited has risen by 15.85%.

  • As Per 2023 financial reports, 29 employees are currently employed by Mimani Wires Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mimani Wires Private Limited has experienced an upsurge of 2.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mimani Wires Private Limited amount to ₹ 8.10 Cr.

  • The most recent Balance Sheet for Mimani Wires Private Limited was filed with the ROC on 31 Mar 2024.

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