Narang Wires Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.86 M
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 9.35 Cr
- Satisfied Charges ₹ 1.15 Cr
- Revenue Growth -99.78%
- Profit Growth 96.76%
- Ebitda 70.18%
- Net Worth -0.83%
- Total Assets -0.37%
About Narang Wires
Narang Wires Private Limited (NWPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 June 1994 and has a history of 30 years and eight months. Its registered office is in Ludhiana, Punjab, 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 2022. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.86 M.
The company currently has active open charges totaling ₹9.35 Cr. The company has closed loans amounting to ₹1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harvinder Singh and Gurparkar Narang serve as directors at the Company.
Company Details
-
Location
Ludhiana, Punjab, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
-
Website
-
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U28999PB1994PTC014716
-
Company No.
014716
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
16 Jun 1994
-
Date of AGM
30 Sep 2022
-
Date of Balance Sheet
31 Mar 2022
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
What products or services does Narang Wires Private Limited offer?
Narang Wires Private Limited offers a wide range of products and services, including Mild Steel Bars, Mild Steel Round Bar, Steel Rods, Mild Steel Threaded Rod, Steel Wire, Mild Steel Wires, Steel Bars, Rods, Plates & Sheets, Metal and Alloy Wires.
Who are the key members and board of directors at Narang Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harvinder Singh
|
Director | 16-Jun-1994 | Current |
|
Gurparkar Narang
|
Director | 16-Jun-1994 | Current |
Financial Performance of Narang Wires.
Narang Wires Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.78% decrease. The company also saw a substantial improvement in profitability, with a 96.76% increase in profit. The company's net worth dipped by a decrease of 0.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Narang Wires?
In 2021, Narang 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.
Charges (Loans)
₹93.53 M
₹11.50 M
Charges Breakdown by Lending Institutions
- Others : 7.70 Cr
- Allahabad Bank : 1.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2010 | Others | ₹7.70 Cr | Open |
| 12 Sep 2008 | Allahabad Bank | ₹1.65 Cr | Open |
| 01 Aug 2006 | State Bank Of India | ₹1.15 Cr | Satisfied |
How Many Employees Work at Narang Wires?
Unlock and access historical data on people associated with Narang Wires, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Narang 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 Narang 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.
