Salzer Magnet Wires Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 09-07-2024
- Paid Up Capital ₹ 13.40 Cr
as on 09-07-2024
- Company Age 16 Year, 3 Months
- Last Filing with ROC 31 Mar 2019
- Satisfied Charges ₹ 41.30 Cr
as on 09-07-2024
- Revenue -97.84%
(FY 2019)
- Profit -93.14%
(FY 2019)
- Ebitda -100.68%
(FY 2019)
- Net Worth -1.22%
(FY 2019)
- Total Assets -3.06%
(FY 2019)
About Salzer Magnet Wires
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 2019. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 13.40 Cr.
The company has closed loans amounting to ₹41.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Salzer Magnet Wires Limited India is Dasappan Govindaraj as CFO. Rajeshkumar Doraiswamy, Doraiswamy Rangaswamy, Dasappan Govindaraj, and Three other members serve as directors at the Company.
- CIN/LLPIN
U31300TZ2008PLC014746
- Company No.
014746
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Sep 2008
- Date of AGM
28 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Salzer Magnet Wires?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dasappan Govindaraj  | CFO | 01-Mar-2019 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeshkumar Doraiswamy | Director | 08-Sep-2008 | Current |
| Doraiswamy Rangaswamy | Director | 08-Sep-2008 | Current |
| Perumalreddiar Ramachandran | Director | 03-Sep-2016 | Current |
| Narayanaswamy Jayabal | Director | 24-Mar-2015 | Current |
| Venkatapathy | Director | 24-Mar-2015 | Current |
Financial Performance and Corporate Structure Insights of Salzer Magnet Wires.
Salzer Magnet Wires Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 97.84% decrease. The company also saw a substantial fall in profitability, with a 93.14% decrease in profit. The company's net worth dipped by a decrease of 1.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Salzer Magnet Wires?
In 2019, Salzer Magnet Wires had a promoter holding of 33.53% and a public holding of 66.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Salzer Electronics LimitedActive 39 years 11 monthsRajeshkumar Doraiswamy and Doraiswamy Rangaswamy are mutual person
K R Health Care Private LimitedActive 24 years 7 monthsRajeshkumar Doraiswamy and Doraiswamy Rangaswamy are mutual person
Salzer Exports LimitedActive 30 years 5 monthsRajeshkumar Doraiswamy, Doraiswamy Rangaswamy and 1 more are mutual person
- Salzer Securities Holdings LimitedActive 18 years 10 months
Doraiswamy Rangaswamy and Perumalreddiar Ramachandran are mutual person
Salzer Spinners LimitedActive 21 years 6 monthsDoraiswamy Rangaswamy and Dasappan Govindaraj are mutual person
Kaycee Industries LimitedActive 82 years 5 daysRajeshkumar Doraiswamy and Doraiswamy Rangaswamy are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 20 Jul 2017 | ₹23.00 Cr | Satisfied |
Bank Of India Limited Creation Date: 15 Jun 2009 | ₹18.30 Cr | Satisfied |
How Many Employees Work at Salzer Magnet Wires?
Salzer Magnet Wires has a workforce of 23 employees as of Apr 03, 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 Salzer Magnet 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 Salzer Magnet Wires'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
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