Panchsheel Wires Private Limited

Manufactures galvanized and high carbon steel wires, including hot dipped, flat stitching, and binding wire.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: July 24, 2024

Panchsheel Wires Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.41 M
  • Company Age 20 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 M
  • Revenue Growth 13.53%
  • Profit Growth 25.58%
  • Ebitda 4.62%
  • Net Worth 0.31%
  • Total Assets -8.15%

About Panchsheel Wires

Panchsheel Wires Private Limited (PWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 2004 and has a history of 20 years and three 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.41 M.

The company currently has active open charges totaling ₹1.50 M.

Sachin Parikh, Vidyut Parikh, Arvindbhai Parikh, and Two other members 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

    U27104MH2004PTC149150

  • Company No.

    149150

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Panchsheel Wires Private Limited offer?

Panchsheel Wires Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Iron Wire, Copper Wires, Metal Wire, Galvanized Wire, Binding Wire, Packing Straps, Clips & Supplies, Stitching Wire, Steel Wire, Electrical Cables & Wires.

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

Board Members (5)

Name Designation Appointment Date Status
Arvindbhai Parikh Country flag representing In Director 25-Oct-2004 Current
Sachin Parikh Country flag representing In Director 25-Oct-2004 Current
Vidyut Parikh Country flag representing In Director 25-Oct-2004 Current
Manish Parikh Country flag representing In Director 25-Oct-2004 Current
Shobhaben Parikh Country flag representing In Director 20-Oct-2004 Current

Financial Performance of Panchsheel Wires.

Panchsheel Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.53% increase. The company also saw a substantial improvement in profitability, with a 25.58% increase in profit. The company's net worth moved up by a moderate rise of 0.31%.

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
13.53%
Revenue from Operations
13.55%
Total Assets
-8.15%
Profit or Loss
25.58%
Net Worth
0.31%
EBITDA
4.62%

What is the Ownership and Shareholding Structure of Panchsheel Wires?

In 2023, Panchsheel 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

₹1.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2004 Canara Bank ₹1.50 M Open

How Many Employees Work at Panchsheel Wires?

Unlock and access historical data on people associated with Panchsheel 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 Panchsheel 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 Panchsheel 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 Panchsheel Wires

Recent activity within the organization

  • Annual General Meeting

    Panchsheel Wires Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Panchsheel Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 1.50 M registered on 07 Dec 2004 with Charge ID 90365552 was modified on 23 Apr 2008.

    23 Apr 2008

  • Charges

    A charge with Canara Bank amounted to Rs. 1.50 M with Charge ID 90365552 was registered on 07 Dec 2004.

    07 Dec 2004

  • Director Appointment

    Sachin Mahendrabhai Parikh was appointed as a Director was appointed as a Director on 25 Oct 2004 & has been associated with this company since 20 years 3 months .

    25 Oct 2004

  • Director Appointment

    Vidyut Arvindbhai Parikh was appointed as a Director was appointed as a Director on 25 Oct 2004 & has been associated with this company since 20 years 3 months .

    25 Oct 2004

Frequently asked questions

  • Panchsheel Wires Private Limited was incorporated on 18 Oct 2004.

  • The authorized share capital of Panchsheel Wires Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.41 M.

  • Currently 5 directors are associated with Panchsheel Wires Private Limited.

    • Sachin Mahendrabhai Parikh
    • Vidyut Arvindbhai Parikh
    • Arvindbhai Chandulal Parikh
    • Manish Arvindbhai Parikh
    • Shobhaben Mahendrabhai Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Panchsheel Wires Private Limited is 406/B Anant Apartment Vishwadhan Chs Jain Mandir Road Mulund (West), Mumbai, Maharashtra, India, 400080.

  • The corporate identification number (CIN) of Panchsheel Wires Private Limited is U27104MH2004PTC149150 and the company number is 149150 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Panchsheel Wires Private Limited is https://www.wires.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Panchsheel Wires Private Limited has risen by 13.53%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Panchsheel Wires Private Limited has experienced an upsurge of 0.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Panchsheel Wires Private Limited amount to ₹ 1.50 M.

  • The most recent Balance Sheet for Panchsheel Wires Private Limited was filed with the ROC on 31 Mar 2023.