Navkar Wires Pvt Ltd

Manufacturer of copper wires, rods, and other metal wires for various industries.

1995 | Ratlam, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Navkar Wires Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.98 Cr
  • Revenue Growth -23.54%
  • Profit Growth -113.91%
  • Ebitda -21.04%
  • Net Worth -1.65%
  • Total Assets -56.31%

About Navkar Wires

Navkar Wires Pvt Ltd (NWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 1995 and has a history of 29 years and seven months. Its registered office is in Ratlam, Madhya Pradesh, 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 1.00 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹1.98 Cr.

Naresh Jain, Ashokkumar Jain, Mukesh Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Ratlam, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27107MP1995PTC009700

  • Company No.

    009700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 1995

  • 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 Navkar Wires?

Executive Team (1)

NameDesignationAppointment DateStatus
Mukesh Jain Country flag representing In Managing Director12-Jul-1995Current

Board Members (3)

NameDesignationAppointment DateStatus
Naresh Jain Country flag representing In Director 12-Jul-1995Current
Ashokkumar Jain Country flag representing In Director 12-Jul-1995Current
Rashmi Jain Country flag representing In Director 01-Apr-2015Current

Financial Performance of Navkar Wires.

Navkar Wires Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.54% decrease. The company also saw a substantial fall in profitability, with a 113.91% decrease in profit. The company's net worth dipped by a decrease of 1.65%.

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
-23.54%
Revenue from Operations
-23.48%
Total Assets
-56.31%
Profit or Loss
-113.91%
Net Worth
-1.65%
EBITDA
-21.04%

What is the Ownership and Shareholding Structure of Navkar Wires?

In 2023, Navkar 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

₹19.84 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.63 Cr
  • State Bak Of India : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2005Hdfc Bank Limited₹1.63 CrOpen
26 Feb 1996State Bak Of India₹3.50 MOpen

How Many Employees Work at Navkar Wires?

Navkar Wires has a workforce of 14 employees as of Apr 02, 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 Navkar 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 Navkar 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 Navkar Wires

Recent activity within the organization

  • Annual General Meeting

    Navkar Wires Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Navkar Wires Pvt Ltd 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. 16.34 M registered on 23 Aug 2005 with Charge ID 10070744 was modified on 18 Sep 2021.

    18 Sep 2021

  • Director Appointment

    Rashmi Jain was appointed as a Director was appointed as a Director on 01 Apr 2015 & has been associated with this company since 9 years 10 months .

    01 Apr 2015

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 16.34 M with Charge ID 10070744 was registered on 23 Aug 2005.

    23 Aug 2005

  • Charges

    A charge with State Bak Of India amounted to Rs. 3.50 M with Charge ID 90207774 was registered on 26 Feb 1996.

    26 Feb 1996

Frequently asked questions

  • Navkar Wires Pvt Ltd was incorporated on 12 Jul 1995.

  • The authorized share capital of Navkar Wires Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.90 M.

  • Currently 4 directors are associated with Navkar Wires Pvt Ltd.

    • Naresh Jain
    • Ashokkumar Jain
    • Mukesh Kumar Jain
    • Rashmi Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navkar Wires Pvt Ltd is Near Salakheri Mhow Neemuch Road India, Ratlam, Madhya Pradesh, 457001.

  • The corporate identification number (CIN) of Navkar Wires Pvt Ltd is U27107MP1995PTC009700 and the company number is 009700 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navkar Wires Pvt Ltd has fallen by -23.54%.

  • As Per 2023 financial reports, 14 employees are currently employed by Navkar Wires Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navkar Wires Pvt Ltd has experienced an downturn of -1.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Navkar Wires Pvt Ltd amount to ₹ 1.98 Cr.

  • The most recent Balance Sheet for Navkar Wires Pvt Ltd was filed with the ROC on 31 Mar 2024.

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