Paramhans Wires Private Limited

Founded in 2013 and headquartered in Delhi, India.

2013 | New Delhi, Delhi (India) | Active
Last Updated: July 18, 2024

Paramhans Wires Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.95 Cr
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 63.91 Cr
  • Satisfied Charges ₹ 8.31 Cr
  • Revenue Growth 11.04%
  • Profit Growth 66.87%
  • Ebitda 6.75%
  • Net Worth 32.90%
  • Total Assets 5.39%

About Paramhans Wires

Paramhans Wires Private Limited (PWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 2013 and has a history of 11 years and six months. Its registered office is in New Delhi, Delhi, 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 5.00 Cr and a paid-up capital of Rs 4.95 Cr.

The company currently has active open charges totaling ₹63.91 Cr. The company has closed loans amounting to ₹8.31 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106DL2013PTC255946

  • Company No.

    255946

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Paramhans Wires Private Limited offer?

Paramhans Wires Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Alloy Wire, Aluminum Alloy Wire, Aluminum Wires, Steel Wire, Metal Wire, Nickel Alloy Wire, Kitchen Cleaners, Stainless Steel Scrubber.

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

Board Members (7)

Name Designation Appointment Date Status
Sonakshi Mittal Country flag representing In Director Current
Arun Gupta Country flag representing In Director 24-Feb-2014 Current
Anita Gupta Country flag representing In Director 24-Feb-2014 Current
Mohit Oberoi Country flag representing In Director 26-Jul-2013 Current
Yogesh Oberoi Country flag representing In Director 26-Jul-2013 Current
Sachin Oberoi Country flag representing In Director 26-Jul-2013 Current

Financial Performance of Paramhans Wires.

Paramhans Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.04% increase. The company also saw a substantial improvement in profitability, with a 66.87% increase in profit. The company's net worth Soared by an impressive increase of 32.9%.

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
11.04%
Revenue from Operations
10.88%
Total Assets
5.39%
Profit or Loss
66.87%
Net Worth
32.90%
EBITDA
6.75%

What is the Ownership and Shareholding Structure of Paramhans Wires?

In 2023, Paramhans Wires had a promoter holding of 64.24% and a public holding of 35.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.91 Cr

Satisfied Charges

₹8.31 Cr

Charges Breakdown by Lending Institutions

  • Others : 41.81 Cr
  • Citi Bank N.A. : 15.00 Cr
  • Sidbi : 4.55 Cr
  • Oriental Bank Of Commerce : 2.00 Cr
  • Axis Bank Limited : 0.45 Cr
  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
15 Nov 2023 Sidbi ₹4.55 Cr Open
13 Jul 2023 Citi Bank N.A. ₹15.00 Cr Open
24 Dec 2021 Others ₹18.00 Cr Open
24 Jun 2021 Hdfc Bank Limited ₹1.01 M Open
26 Oct 2020 Others ₹2.60 Cr Open

How Many Employees Work at Paramhans Wires?

Paramhans Wires has a workforce of 677 employees as of Apr 05, 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 Paramhans 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 Paramhans 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 Paramhans Wires

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 4.55 Cr with Charge ID 100818312 was registered on 15 Nov 2023.

    15 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 100756536 was registered on 13 Jul 2023.

    13 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 18.00 Cr registered on 24 Dec 2021 with Charge ID 100516171 was modified on 05 Feb 2022.

    05 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100516171 was registered on 24 Dec 2021.

    24 Dec 2021

Frequently asked questions

  • Paramhans Wires Private Limited was incorporated on 26 Jul 2013.

  • The authorized share capital of Paramhans Wires Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.95 Cr.

  • Currently 7 directors are associated with Paramhans Wires Private Limited.

    • Arun Gupta
    • Anita Gupta
    • Mohit Oberoi
    • Yogesh Oberoi
    • Sachin Oberoi
    • Pranav Bansal
    • Sonakshi Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramhans Wires Private Limited is J-30 Rbi Enclave Paschim Vihar, New Delhi, India, 110063.

  • The corporate identification number (CIN) of Paramhans Wires Private Limited is U27106DL2013PTC255946 and the company number is 255946 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramhans Wires Private Limited is https://www.phwire.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramhans Wires Private Limited has risen by 11.04%.

  • As Per 2023 financial reports, 677 employees are currently employed by Paramhans Wires Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramhans Wires Private Limited has experienced an upsurge of 32.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paramhans Wires Private Limited amount to ₹ 63.91 Cr.

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

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