Shalimar Wires Industries Limited

Manufactures synthetic forming fabric and EDM wires, offers troubleshooting and machine audit services.

1996 | Kolkata, West Bengal (India) | Active
Last Updated: July 11, 2024

Shalimar Wires Industries Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 8.55 Cr
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 93.07 Cr
  • Satisfied Charges ₹ 152.71 Cr
  • Revenue Growth 22.34%
  • Profit Growth 7836.02%
  • Ebitda 234.11%
  • Net Worth 24.32%
  • Total Assets -1.47%

About Shalimar Wires Industries

Shalimar Wires Industries Limited (SWIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 September 1996 and has a history of 28 years and four months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532455.

The Corporate was formerly known as Primax Consultancy Services 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 60.00 Cr and a paid-up capital of Rs 8.55 Cr.

The company currently has active open charges totaling ₹93.07 Cr. The company has closed loans amounting to ₹152.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shalimar Wires Industries Limited India are S Sengupta as CFO and Suresh Kejriwal as Company Secretary. Sunil Khaitan, Parmanand Tiwari, Rajiva, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shalimarwires.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L74140WB1996PLC081521

  • Company No.

    081521

  • Stock Symbol

    BSE : 532455

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1996

  • Date of AGM

    30 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Shalimar Wires Industries Limited offer?

Shalimar Wires Industries Limited offers a wide range of products and services, including Hydraulic Jacks, Lifts & Winches, Load Lifter, Wire Mesh & Gratings, Wire Mesh Screen, Disposable Cutlery and Crockery, Disposable Boxes, Metal Mesh, Industrial & Engineering Goods, Roller Shaft, Wire Mesh.

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

Executive Team (4)

NameDesignationAppointment DateStatus
S Sengupta Country flag representing In CFOCurrent
Sunil Khaitan Country flag representing In Managing Director12-Sep-2000Current
Vedant Khaitan Country flag representing In Managing Director27-May-2023Current
Suresh Kejriwal Country flag representing In Company SecretaryCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Rajiva Country flag representing In Director 13-Aug-2018Current
Parmanand Tiwari Country flag representing In Director 13-Aug-2018Current
Trishna Guha Country flag representing In Director 11-Feb-2020Current

Financial Performance of Shalimar Wires Industries.

Shalimar Wires Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.34% increase. The company also saw a substantial improvement in profitability, with a 7836.02% increase in profit. The company's net worth Soared by an impressive increase of 24.32%.

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
22.34%
Revenue from Operations
24.32%
Total Assets
-1.47%
Profit or Loss
7836.02%
Net Worth
24.32%
EBITDA
234.11%

What is the Ownership and Shareholding Structure of Shalimar Wires Industries?

In 2023, Shalimar Wires Industries had a promoter holding of 65.64% and a public holding of 34.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.07 Cr

Satisfied Charges

₹152.71 Cr

Charges Breakdown by Lending Institutions

  • Others : 92.21 Cr
  • The Western India Executor And Trust Co Ltd Merged With Idbi Trusteeship Services Ltd : 0.80 Cr
  • Hdfc Bank Limited : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2020Hdfc Bank Limited₹0.65 MOpen
26 Sep 2020Others₹10.08 CrOpen
05 Jun 2018Others₹78.24 CrOpen
19 Dec 1994The Western India Executor And Trust Co Ltd Merged With Idbi Trusteeship Services Ltd₹8.00 MOpen
20 Feb 1993Others₹3.89 CrOpen

How Many Employees Work at Shalimar Wires Industries?

Shalimar Wires Industries has a workforce of 364 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shalimar Wires Industries, 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 Shalimar Wires Industries'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 Shalimar Wires Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 10.08 Cr registered on 26 Sep 2020 with Charge ID 100402234 was modified on 08 Sep 2023.

    08 Sep 2023

  • Charges

    A charge with Others of Rs. 78.24 Cr registered on 05 Jun 2018 with Charge ID 100208542 was modified on 08 Sep 2023.

    08 Sep 2023

  • Annual General Meeting

    Shalimar Wires Industries Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.

    30 Jun 2023

  • Balance Sheet

    Shalimar Wires Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 31 Jan 1997 via Charge ID 80057483 with The Western India Truatee & Executor Co.Ltd was fully satisfied on 17 May 2022.

    17 May 2022

  • Charges

    A charge with Others of Rs. 3.89 Cr registered on 20 Feb 1993 with Charge ID 80057488 was modified on 28 Oct 2021.

    28 Oct 2021

Frequently asked questions

  • Shalimar Wires Industries Limited was incorporated on 30 Sep 1996.

  • The authorized share capital of Shalimar Wires Industries Limited is ₹ 60.00 Cr and paid-up capital is ₹ 8.55 Cr.

  • Currently 7 directors are associated with Shalimar Wires Industries Limited.

    • S J Sengupta
    • Sunil Kumar Khaitan
    • Parmanand Tiwari
    • Rajiva
    • Vedant Khaitan
    • Trishna Guha
    • Suresh Kumar Kejriwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shalimar Wires Industries Limited is 25 Ganesh Chandra Avenuep S Bowbazar, Kolkata, West Bengal, India, 700013.

  • The corporate identification number (CIN) of Shalimar Wires Industries Limited is L74140WB1996PLC081521 and the company number is 081521 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shalimar Wires Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Shalimar Wires Industries Limited is https://www.shalimarwires.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shalimar Wires Industries Limited has risen by 22.34%.

  • As Per 2023 financial reports, 364 employees are currently employed by Shalimar Wires Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shalimar Wires Industries Limited has experienced an upsurge of 24.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shalimar Wires Industries Limited amount to ₹ 93.07 Cr.

  • The most recent Balance Sheet for Shalimar Wires Industries Limited was filed with the ROC on 31 Mar 2023.

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