Saras Wires Private Limited

Manufacturer of GS tape, GI wires, and strips with modernized plants and ISO certification.

2004 | Delhi (India) | Active
Last Updated:

Saras Wires Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.01 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 4.20 Cr
  • Revenue Growth 56.59%
  • Profit Growth 93.69%
  • Ebitda 81.50%
  • Net Worth -4.61%
  • Total Assets 6.11%

About Saras Wires

Saras Wires Private Limited (SWPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 July 2004 and has a history of 20 years and eight months. Its registered office is in Delhi, India.

The Company is engaged in the Telecom Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 3.01 M.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹4.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anand Singh and Vivek Rangi serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28999DL2004PTC127310

  • Company No.

    127310

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2004

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Telecom

What products or services does Saras Wires Private Limited offer?

Saras Wires Private Limited offers a wide range of products and services, including Steel Wire, HB Wires, Metal and Alloy Wires.

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

Board Members (2)

NameDesignationAppointment DateStatus
Anand Singh Country flag representing In Director 15-Jul-2010Current
Vivek Rangi Country flag representing In Director 04-Sep-2014Current

Financial Performance of Saras Wires.

Saras Wires Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 56.59% increase. The company also saw a substantial improvement in profitability, with a 93.69% increase in profit. The company's net worth dipped by a decrease of 4.61%.

Saras Wires revenue growth over time
Saras Wires 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
56.59%
Revenue from Operations
55.78%
Total Assets
6.11%
Profit or Loss
93.69%
Net Worth
-4.61%
EBITDA
81.50%

What is the Ownership and Shareholding Structure of Saras Wires?

In 2021, Saras Wires had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 M

Satisfied Charges

₹42.00 M

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • The Nainital Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2021Others₹5.00 CrOpen
05 Oct 2012The Nainital Bank Limited₹2.00 CrOpen
01 Mar 2014Indian Overseas Bank₹6.00 MSatisfied
26 Jul 2007Indian Overseas Bank₹2.50 CrSatisfied
30 Aug 2005State Bank Of India₹9.50 MSatisfied

How Many Employees Work at Saras Wires?

Saras Wires has a workforce of 7 employees as of Apr 04, 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.

Employee growth trends for Saras Wires Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saras 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 Saras 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 Saras Wires

Recent activity within the organization

  • Annual General Meeting

    Saras Wires Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100497747 was registered on 27 Oct 2021.

  • Balance Sheet

    Saras Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi.

  • Charges

    A charge with The Nainital Bank Limited of Rs. 20.00 M registered on 05 Oct 2012 with Charge ID 10380611 was modified on 21 Sep 2015.

  • Charges

    A charge registered on 01 Mar 2014 via Charge ID 10490064 with Indian Overseas Bank was fully satisfied on 10 Jun 2015.

  • Charges

    A charge registered on 26 Jul 2007 via Charge ID 10061709 with Indian Overseas Bank was fully satisfied on 10 Jun 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Saras Wires Private Limited?

    Saras Wires Private Limited was incorporated on 01 Jul 2004.

  • What is authorized share capital and paid-up capital of Saras Wires Private Limited?

    The authorized share capital of Saras Wires Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.01 M.

  • Who are the current board members & directors of Saras Wires Private Limited?

    Currently 2 directors are associated with Saras Wires Private Limited.

    • Anand Singh
    • Vivek Rangi

  • What is the registered address of Saras Wires Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saras Wires Private Limited is B-134 New Ashok Nagar India, New Delhi, 110096.

  • What is the corporate identification number (CIN) and company number of Saras Wires Private Limited?

    The corporate identification number (CIN) of Saras Wires Private Limited is U28999DL2004PTC127310 and the company number is 127310 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Saras Wires Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Saras Wires Private Limited has risen by 56.59%.

  • How many employees does Saras Wires Private Limited currently have?

    As Per 2021 financial reports, 7 employees are currently employed by Saras Wires Private Limited.

  • What change has been observed in the net worth of Saras Wires Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Saras Wires Private Limited has experienced an downturn of -4.61%.

  • What are the total open charges for Saras Wires Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Saras Wires Private Limited amount to ₹ 7.00 Cr.

  • When was the last Balance Sheet of Saras Wires Private Limited filed with the ROC?

    The most recent Balance Sheet for Saras Wires Private Limited was filed with the ROC on 31 Mar 2021.

People also Viewed