Sainath Wires Private Limited

Manufacturer of wire products and steel packing materials in India.

2013 | Nandurbar, Maharashtra (India) | Active
Last Updated: January 02, 2025

Sainath Wires Profile

Key Indicators

  • Authorised Capital ₹ 7.30 M
  • Paid Up Capital ₹ 7.30 M
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -23.10%
  • Profit Growth -43.14%
  • Ebitda 26.45%
  • Net Worth 2.60%
  • Total Assets -4.79%

About Sainath Wires

Sainath Wires Private Limited (SWPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 August 2013 and has a history of 11 years and five months. Its registered office is in Nandurbar, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.30 M and a paid-up capital of Rs 7.30 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajay Goyal and Sanjay Chaudhari serve as directors at the Company.

Company Details

  • Location

    Nandurbar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910MH2013PTC246749

  • Company No.

    246749

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Sainath Wires Private Limited offer?

Sainath Wires Private Limited offers a wide range of products and services, including Office Stationery & Calculator, Binder Rings, Metal and Alloy Wires, Metal Wire, Steel Wire, Nails & Pins, Wire Nails, Packing Straps, Clips & Supplies, Packing Accessories, Binding Wire.

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

Board Members (2)

Name Designation Appointment Date Status
Ajay Goyal Country flag representing In Director 07-Aug-2013 Current
Sanjay Chaudhari Country flag representing In Director 07-Aug-2013 Current

Financial Performance of Sainath Wires.

Sainath Wires Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.1% decrease. The company also saw a substantial fall in profitability, with a 43.14% decrease in profit. The company's net worth moved up by a moderate rise of 2.6%.

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
-23.10%
Revenue from Operations
-23.11%
Total Assets
-4.79%
Profit or Loss
-43.14%
Net Worth
2.60%
EBITDA
26.45%

What is the Ownership and Shareholding Structure of Sainath Wires?

Unlock access to Sainath Wires's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
16 May 2024 Hdfc Bank Limited ₹1.00 Cr Open
20 Sep 2023 Hdfc Bank Limited ₹1.00 Cr Open
28 Mar 2014 Bank Of Baroda ₹3.00 Cr Satisfied

How Many Employees Work at Sainath Wires?

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

Recent activity within the organization

  • Annual General Meeting

    Sainath Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 28 Mar 2014 via Charge ID 10494450 with Bank Of Baroda was fully satisfied on 02 Jul 2024.

    02 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100938567 was registered on 16 May 2024.

    16 May 2024

  • Balance Sheet

    Sainath Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100811077 was registered on 20 Sep 2023.

    20 Sep 2023

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 30.00 M with Charge ID 10494450 was registered on 28 Mar 2014.

    28 Mar 2014

Frequently asked questions

  • Sainath Wires Private Limited was incorporated on 07 Aug 2013.

  • The authorized share capital of Sainath Wires Private Limited is ₹ 7.30 M and paid-up capital is ₹ 7.30 M.

  • Currently 2 directors are associated with Sainath Wires Private Limited.

    • Ajay Kumar Goyal
    • Sanjay Brijlal Chaudhari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sainath Wires Private Limited is 2954/1 Bohari Market Dondaicha Road, Tal. Dist. Nandurbar India, Shahada, Maharashtra, 425409.

  • The corporate identification number (CIN) of Sainath Wires Private Limited is U28910MH2013PTC246749 and the company number is 246749 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sainath Wires Private Limited has fallen by -23.10%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sainath Wires Private Limited has experienced an upsurge of 2.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sainath Wires Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Sainath Wires Private Limited was filed with the ROC on 31 Mar 2024.