Shakti Insulated Wires Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.88 Cr
- Company Age 62 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 102.05 Cr
- Satisfied Charges ₹ 176.70 Cr
- Revenue Growth 26.91%
- Profit Growth -9.22%
- Ebitda 68.24%
- Net Worth -11.23%
- Total Assets -10.82%
About Shakti Insulated Wires
Shakti Insulated Wires Private Limited (SIWPL) was founded in India on 21 December 1962 and has a glorious history of 62 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Shakti Insulated Wires 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.88 Cr.
The company currently has active open charges totaling ₹102.05 Cr. The company has closed loans amounting to ₹176.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajiv Javeri and Shivani Thakore serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1962PTC012545
- Company No.
012545
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Dec 1962
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Shakti Insulated Wires Private Limited offer?
Shakti Insulated Wires Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Electrical Conductors, Transformer Parts, Transformer Tanks, Copper & Brass Products, Copper Strips, Rod and Bars.
Shakti Insulated Wires Private Limited
Explore comprehensive data for Shakti Insulated Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shakti Insulated Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Javeri  | Additional Director | 26-Jun-2024 | Current |
| Shivani Thakore | Director | 03-Sep-1998 | Current |
Financial Performance of Shakti Insulated Wires.
Shakti Insulated Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.91% increase. The company also saw a slight decrease in profitability, with a 9.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shakti Insulated Wires?
In 2023, Shakti Insulated Wires had a promoter holding of 96.28% and a public holding of 3.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Classic Car Redux Limited Liability Part NershipRajiv Javeri is a mutual person
- Photogravurs (India) Private Limited
Rajiv Javeri is a mutual person
- Shakti Shaswati Private Limited
Rajiv Javeri and Shivani Thakore are mutual person
Charges (Loans)
Open Charges
₹102.05 Cr
Satisfied Charges
₹176.70 Cr
Charges Breakdown by Lending Institutions
- Abhyudaya Co-Operative Bank Limited : 102.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2019 | Abhyudaya Co-Operative Bank Limited | ₹30.40 Cr | Open |
| 28 Mar 2019 | Abhyudaya Co-Operative Bank Limited | ₹7.40 Cr | Open |
| 08 May 2018 | Abhyudaya Co-Operative Bank Limited | ₹14.00 Cr | Open |
| 18 Feb 2016 | Abhyudaya Co-Operative Bank Limited | ₹14.75 Cr | Open |
| 25 Jan 2016 | Abhyudaya Co-Operative Bank Limited | ₹14.75 Cr | Open |
How Many Employees Work at Shakti Insulated Wires?
Shakti Insulated Wires has a workforce of 98 employees as of Sep 24, 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 Shakti Insulated 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 Shakti Insulated 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
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 Shakti Insulated Wires
Recent activity within the organization
- Director Appointment
Rajiv Atulkumar Javeri was appointed as a Additional Director was appointed as a Additional Director on 26 Jun 2024 & has been associated with this company since 10 months 9 days .
- Annual General Meeting
Shakti Insulated Wires Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 05 Sep 2020 via Charge ID 100366744 with Abhyudaya Co-Operative Bank Limited was fully satisfied on 08 Jun 2023.
- Balance Sheet
Shakti Insulated Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100366744 was registered on 05 Sep 2020.
- Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 30.40 Cr with Charge ID 100290166 was registered on 01 Sep 2019.
Frequently asked questions
What is the Incorporation or founding date of Shakti Insulated Wires Private Limited?
Shakti Insulated Wires Private Limited was incorporated on 21 Dec 1962.
What is authorized share capital and paid-up capital of Shakti Insulated Wires Private Limited?
The authorized share capital of Shakti Insulated Wires Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.88 Cr.
Who are the current board members & directors of Shakti Insulated Wires Private Limited?
Currently 2 directors are associated with Shakti Insulated Wires Private Limited.
- Rajiv Atulkumar Javeri
- Shivani Markand Thakore
What is the registered address of Shakti Insulated Wires Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Insulated Wires Private Limited is Datta Pada Road Villagemagathane, Borivali East, Mumbai, Maharashtra, India, 400066.
What is the corporate identification number (CIN) and company number of Shakti Insulated Wires Private Limited?
The corporate identification number (CIN) of Shakti Insulated Wires Private Limited is U99999MH1962PTC012545 and the company number is 012545 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shakti Insulated Wires Private Limited?
The Official website of Shakti Insulated Wires Private Limited is https://www.shaktins.com
What has been the recent revenue trend for Shakti Insulated Wires Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shakti Insulated Wires Private Limited has risen by 26.91%.
How many employees does Shakti Insulated Wires Private Limited currently have?
As Per 2023 financial reports, 98 employees are currently employed by Shakti Insulated Wires Private Limited.
What change has been observed in the net worth of Shakti Insulated Wires Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shakti Insulated Wires Private Limited has experienced an downturn of -11.23%.
What are the total open charges for Shakti Insulated Wires Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shakti Insulated Wires Private Limited amount to ₹ 102.05 Cr.
When was the last Balance Sheet of Shakti Insulated Wires Private Limited filed with the ROC?
The most recent Balance Sheet for Shakti Insulated Wires Private Limited was filed with the ROC on 31 Mar 2023.
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