Ratanakar Wire Profile
Key Indicators
- Authorised Capital ₹ 6.60 Cr
- Paid Up Capital ₹ 6.18 Cr
- Company Age 29 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 29.52 Cr
- Revenue Growth 19.31%
- Profit Growth -84.06%
- Ebitda -37.28%
- Net Worth 5.52%
- Total Assets -3.72%
About Ratanakar Wire
Ratanakar Wire Private Limited (RWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 June 1995 and has a history of 29 years and eight months. Its registered office is in Dhar, Madhya Pradesh, India.
The Corporate was formerly known as Bhansali Stainless Wire Private Limited. 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 6.60 Cr and a paid-up capital of Rs 6.18 Cr.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹29.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vimal Sanghvi and Milapchand Bhansali serve as directors at the Company.
Company Details
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Location
Dhar, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U00659MP1995PTC046239
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Company No.
046239
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 Jun 1995
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
Who are the key members and board of directors at Ratanakar Wire?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vimal Sanghvi
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Director | 09-May-2016 | Current |
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Milapchand Bhansali
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Director | 01-Apr-2006 | Current |
Financial Performance of Ratanakar Wire.
Ratanakar Wire Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.31% increase. The company also saw a substantial fall in profitability, with a 84.06% decrease in profit. The company's net worth moved up by a moderate rise of 5.52%.
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What is the Ownership and Shareholding Structure of Ratanakar Wire?
In 2023, Ratanakar Wire had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Ratnaakar Venture Private LimitedVimal Sanghvi is a mutual person
Charges (Loans)
₹30.00 Cr
₹29.52 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2017 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 31 Jan 2017 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 27 Jul 2011 | Canara Bank | ₹8.35 Cr | Satisfied |
| 27 Jul 2011 | Canara Bank | ₹8.35 Cr | Satisfied |
| 30 Dec 1999 | Dena Bank | ₹4.50 M | Satisfied |
How Many Employees Work at Ratanakar Wire?
Ratanakar Wire has a workforce of 52 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ratanakar Wire, 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 Ratanakar Wire'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.
