Salasar Wires Manufacturing Private Limited

Manufacturer of industrial wires and wire products made from iron, steel, copper, and other metals.

2007 | 24 Parganas, West Bengal (India) | Active
Last Updated: December 03, 2024

Salasar Wires Manufacturing Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.88 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.93 Cr
  • Satisfied Charges ₹ 8.25 Cr
  • Revenue Growth -30.28%
  • Profit Growth -28.37%
  • Ebitda -10.95%
  • Net Worth 4.34%
  • Total Assets 51.30%

About Salasar Wires Manufacturing

Salasar Wires Manufacturing Private Limited (SWMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 2007 and has a history of 17 years and two months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Bhawna Vyapaar Private Limited. The Company is engaged in the Metals And Minerals 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 3.00 M and a paid-up capital of Rs 2.88 M.

The company currently has active open charges totaling ₹13.93 Cr. The company has closed loans amounting to ₹8.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sandip Goel and Ritesh Binjrajka serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27300WB2007PTC120690

  • Company No.

    120690

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Sandip Goel Country flag representing In Director 20-Aug-2009Current
Ritesh Binjrajka Country flag representing In Director 24-Jul-2024Current

Financial Performance of Salasar Wires Manufacturing.

Salasar Wires Manufacturing Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 30.28% decrease. The company also saw a substantial fall in profitability, with a 28.37% decrease in profit. The company's net worth moved up by a moderate rise of 4.34%.

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
-30.28%
Revenue from Operations
-30.88%
Total Assets
51.30%
Profit or Loss
-28.37%
Net Worth
4.34%
EBITDA
-10.95%

What is the Ownership and Shareholding Structure of Salasar Wires Manufacturing?

In 2021, Salasar Wires Manufacturing had a promoter holding of 9.22% and a public holding of 90.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹139.28 M

Satisfied Charges

₹82.46 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 6.87 Cr
  • Others : 6.80 Cr
  • Bank Of India : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2023Others₹6.80 CrOpen
24 Mar 2022Bank Of India₹2.50 MOpen
30 Nov 2021Indian Overseas Bank₹4.00 MOpen
29 Dec 2020Indian Overseas Bank₹1.50 MOpen
07 Feb 2019Indian Overseas Bank₹6.32 CrOpen

How Many Employees Work at Salasar Wires Manufacturing?

Unlock and access historical data on people associated with Salasar Wires Manufacturing, 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 Salasar Wires Manufacturing, 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 Salasar Wires Manufacturing'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 Salasar Wires Manufacturing

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Ritesh Kumar Binjrajka was appointed as a Director was appointed as a Director on 24 Jul 2024 & has been associated with this company since 6 months 30 days .

    24 Jul 2024

  • Balance Sheet

    Salasar Wires Manufacturing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 16 Jun 2011 via Charge ID 10291346 with Sidbi was fully satisfied on 05 Oct 2023.

    05 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 68.04 M with Charge ID 100786226 was registered on 29 Sep 2023.

    29 Sep 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 2.50 M with Charge ID 100548944 was registered on 24 Mar 2022.

    24 Mar 2022

Frequently asked questions

  • Salasar Wires Manufacturing Private Limited was incorporated on 29 Nov 2007.

  • The authorized share capital of Salasar Wires Manufacturing Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.88 M.

  • Currently 2 directors are associated with Salasar Wires Manufacturing Private Limited.

    • Sandip Kumar Goel
    • Ritesh Kumar Binjrajka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salasar Wires Manufacturing Private Limited is Diamond Arcade 68 Jessore Road 2Nd Floor, Unit.207 India, Kolkata, West Bengal, 700055.

  • The corporate identification number (CIN) of Salasar Wires Manufacturing Private Limited is U27300WB2007PTC120690 and the company number is 120690 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Salasar Wires Manufacturing Private Limited has fallen by -30.28%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Salasar Wires Manufacturing Private Limited has experienced an upsurge of 4.34%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Salasar Wires Manufacturing Private Limited amount to ₹ 13.93 Cr.

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

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