Prateek Wires Pvt Ltd

Manufactures and trades aluminium and steel wire and related products since 1991.

1991 | 24 Parganas, West Bengal (India) | Merged
Last Updated: January 18, 2025

Prateek Wires Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.54 M
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 27.19 Cr
  • Revenue Growth -40.07%
  • Profit Growth -139.73%
  • Ebitda -98.98%
  • Net Worth -2.53%
  • Total Assets -14.51%

About Prateek Wires

Prateek Wires Pvt Ltd (PWPL) is Amalgamated company established on 19 Jul 1991 with its office registered at 24 Parganas, West Bengal, India and has been running since 33 Year, 6 Months with a paid up capital of 5.54 M. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300WB1991PTC052378

  • Company No.

    052378

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1991

  • Date of AGM

    30 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Varun Saraf Country flag representing In Director 04-Nov-2015 Current
Radha Saraf Country flag representing In Director 19-Jul-1991 Current

Financial Performance of Prateek Wires.

Prateek Wires Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 40.07% decrease. The company also saw a substantial fall in profitability, with a 139.73% decrease in profit. The company's net worth dipped by a decrease of 2.53%.

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
-40.07%
Revenue from Operations
-40.21%
Total Assets
-14.51%
Profit or Loss
-139.73%
Net Worth
-2.53%
EBITDA
-98.98%

What is the Ownership and Shareholding Structure of Prateek Wires?

In 2021, Prateek Wires had a promoter holding of 8.75% and a public holding of 91.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹271.93 M

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr
  • Bank Of Baroda : 12.19 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2013 Bank Of Baroda ₹1.19 Cr Satisfied
04 Dec 2010 Bank Of Baroda ₹11.00 Cr Satisfied
03 Mar 2004 Others ₹15.00 Cr Satisfied

How Many Employees Work at Prateek Wires?

Prateek Wires has a workforce of 10 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 Prateek 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 Prateek 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 Prateek Wires

Recent activity within the organization

  • Charges

    A charge registered on 29 Jul 2013 via Charge ID 10443621 with Bank Of Baroda was fully satisfied on 12 May 2022.

    12 May 2022

  • Charges

    A charge registered on 04 Dec 2010 via Charge ID 10262210 with Bank Of Baroda was fully satisfied on 12 May 2022.

    12 May 2022

  • Charges

    A charge registered on 03 Mar 2004 via Charge ID 90246233 with Others was fully satisfied on 12 May 2022.

    12 May 2022

  • Annual General Meeting

    Prateek Wires Pvt Ltd last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.

    30 Sep 2021

  • Balance Sheet

    Prateek Wires Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata.

    31 Mar 2021

  • Charges

    A charge with Others of Rs. 150.00 M registered on 03 Mar 2004 with Charge ID 90246233 was modified on 19 Aug 2016.

    19 Aug 2016

Frequently asked questions

  • Prateek Wires Pvt Ltd was incorporated on 19 Jul 1991.

  • The authorized share capital of Prateek Wires Pvt Ltd is ₹ 7.50 M and paid-up capital is ₹ 5.54 M.

  • Currently 2 directors are associated with Prateek Wires Pvt Ltd.

    • Varun Saraf
    • Radha Raman Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prateek Wires Pvt Ltd is Rudra Mani 1720 Laskarhat E.M. Bypass, 15Th 16Th Floor India, Kolkata, West Bengal, 700039.

  • The corporate identification number (CIN) of Prateek Wires Pvt Ltd is U31300WB1991PTC052378 and the company number is 052378 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prateek Wires Pvt Ltd is https://www.groupnirmal.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Prateek Wires Pvt Ltd has fallen by -40.07%.

  • As Per 2021 financial reports, 10 employees are currently employed by Prateek Wires Pvt Ltd.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Prateek Wires Pvt Ltd has experienced an downturn of -2.53%.

  • The most recent Balance Sheet for Prateek Wires Pvt Ltd was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Cable & Wire