Shree Venktesh Wires And Steels Private Limited

Trading stainless steel products since 1979, based in Mumbai.

1979 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Shree Venktesh Wires And Steels Profile

Key Indicators

  • Authorised Capital ₹ 3.25 Cr
  • Paid Up Capital ₹ 2.86 Cr
  • Company Age 45 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 12.00 Cr
  • Revenue Growth 6.77%
  • Profit Growth -11.77%
  • Ebitda -10.10%
  • Net Worth 19.39%
  • Total Assets 4.55%

About Shree Venktesh Wires And Steels

Shree Venktesh Wires And Steels Private Limited (SVWASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 December 1979 and has a history of 45 years and two months. Its registered office is in Mumbai, Maharashtra, India.

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 3.25 Cr and a paid-up capital of Rs 2.86 Cr.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Binod Babulal and Anita Bhagat serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28910MH1979PTC022049

  • Company No.

    022049

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Shree Venktesh Wires And Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Binod Babulal Country flag representing In Director 26-Jul-1996Current
Anita Bhagat Country flag representing In Director 01-Jan-2003Current

Financial Performance of Shree Venktesh Wires And Steels.

Shree Venktesh Wires And Steels Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.77% increase. The company also saw a substantial fall in profitability, with a 11.77% decrease in profit. The company's net worth Soared by an impressive increase of 19.39%.

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
6.77%
Revenue from Operations
6.91%
Total Assets
4.55%
Profit or Loss
-11.77%
Net Worth
19.39%
EBITDA
-10.10%

What is the Ownership and Shareholding Structure of Shree Venktesh Wires And Steels?

In 2023, Shree Venktesh Wires And Steels had a promoter holding of 28.78% and a public holding of 71.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 Cr

Satisfied Charges

₹12.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2015State Bank Of India₹20.00 CrOpen
13 Mar 2012The Royal Bank Of Scotland N. V.₹6.00 CrSatisfied
08 Dec 2009The Royal Bank Of Scotland N. V.₹6.00 CrSatisfied

How Many Employees Work at Shree Venktesh Wires And Steels?

Unlock and access historical data on people associated with Shree Venktesh Wires And Steels, 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 Shree Venktesh Wires And Steels, 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 Shree Venktesh Wires And Steels'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 Shree Venktesh Wires And Steels

Recent activity within the organization

  • Annual General Meeting

    Shree Venktesh Wires And Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shree Venktesh Wires And Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 20.00 Cr registered on 12 Feb 2015 with Charge ID 10552254 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge registered on 08 Dec 2009 via Charge ID 10194737 with The Royal Bank Of Scotland N. V. was fully satisfied on 23 Feb 2015.

    23 Feb 2015

  • Charges

    A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 10552254 was registered on 12 Feb 2015.

    12 Feb 2015

  • Charges

    A charge registered on 13 Mar 2012 via Charge ID 10340649 with The Royal Bank Of Scotland N. V. was fully satisfied on 30 Oct 2013.

    30 Oct 2013

Frequently asked questions

  • Shree Venktesh Wires And Steels Private Limited was incorporated on 28 Dec 1979.

  • The authorized share capital of Shree Venktesh Wires And Steels Private Limited is ₹ 3.25 Cr and paid-up capital is ₹ 2.86 Cr.

  • Currently 2 directors are associated with Shree Venktesh Wires And Steels Private Limited.

    • Binod Bhagat Babulal
    • Anita Binod Bhagat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Venktesh Wires And Steels Private Limited is 15 2Nd Floor Plot-705 7/17 Lifespaces Harihar Sardar Vallabhbhai Patel Road Khatwadi 3Rd Lane, India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Shree Venktesh Wires And Steels Private Limited is U28910MH1979PTC022049 and the company number is 022049 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shree Venktesh Wires And Steels Private Limited is https://www.shreevenkteshstainless.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Venktesh Wires And Steels Private Limited has risen by 6.77%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shree Venktesh Wires And Steels Private Limited has experienced an upsurge of 19.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Venktesh Wires And Steels Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Shree Venktesh Wires And Steels Private Limited was filed with the ROC on 31 Mar 2024.

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