Solvar Wires Private Limited
Manufactures wires and cables, incorporated in 1978, based in Kerala.
1978 | Ernakulam, Kerala (India) | Active
Solvar Wires Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.24 Cr
- Company Age 46 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.97 M
- Satisfied Charges ₹ 4.18 Cr
- Revenue Growth -99.58%
- Profit Growth -929.42%
- Ebitda -689.51%
- Net Worth -2.04%
- Total Assets -0.35%
About Solvar Wires
Solvar Wires Private Limited (SWPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 November 1978 and has a history of 46 years and four months. Its registered office is in Ernakulam, Kerala, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.24 Cr.
The company currently has active open charges totaling ₹0.97 M. The company has closed loans amounting to ₹4.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jimmy Jose and Bobby Jose serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300KL1978PTC003025
- Company No.
003025
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Nov 1978
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Manufacturing
Solvar Wires Private Limited
Explore comprehensive data for Solvar Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Solvar Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jimmy Jose  | Whole-Time Director | 15-Nov-2010 | Current |
| Bobby Jose | Director | 01-Dec-1989 | Current |
Financial Performance of Solvar Wires.
Solvar Wires Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.58% decrease. The company also saw a substantial fall in profitability, with a 929.42% decrease in profit. The company's net worth dipped by a decrease of 2.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Solvar Wires?
In 2022, Solvar Wires had a public holding of 58.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Coastline Garages India Private Limited
Jimmy Jose is a mutual person
Charges (Loans)
Open Charges
₹0.10 Cr
Satisfied Charges
₹4.18 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 0.07 Cr
- Union Bank Of India : 0.01 Cr
- Bank Of Cochin Ltd. : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2001 | Union Bank Of India | ₹0.13 M | Open |
| 25 Nov 1988 | State Bank Of India | ₹0.74 M | Open |
| 26 Dec 1980 | Bank Of Cochin Ltd. | ₹0.10 M | Open |
| 05 Apr 2008 | The Federal Bank Limited | ₹1.50 Cr | Satisfied |
| 30 Mar 1998 | The Kerala Financial Corporation | ₹1.15 M | Satisfied |
How Many Employees Work at Solvar Wires?
Solvar Wires has a workforce of 0 employees as of Apr 10, 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 Solvar 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 Solvar 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 Solvar Wires
Recent activity within the organization
- Annual General Meeting
Solvar Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Solvar Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
- Charges
A charge registered on 05 Apr 2008 via Charge ID 10099074 with The Federal Bank Limited was fully satisfied on 05 May 2011.
- Charges
A charge registered on 30 Mar 1998 via Charge ID 90017100 with The Kerala Financial Corporation was fully satisfied on 25 Apr 2011.
- Charges
A charge registered on 23 Mar 1996 via Charge ID 90016561 with Kerala Financial Corporation was fully satisfied on 25 Apr 2011.
- Charges
A charge registered on 26 Apr 1980 via Charge ID 90015295 with Kerala Financial Corporation was fully satisfied on 25 Apr 2011.
Frequently asked questions
What is the Incorporation or founding date of Solvar Wires Private Limited?
Solvar Wires Private Limited was incorporated on 30 Nov 1978.
What is authorized share capital and paid-up capital of Solvar Wires Private Limited?
The authorized share capital of Solvar Wires Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.24 Cr.
Who are the current board members & directors of Solvar Wires Private Limited?
Currently 2 directors are associated with Solvar Wires Private Limited.
- Jimmy Jose
- Bobby Jose
What is the registered address of Solvar Wires Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Solvar Wires Private Limited is 39/5527 A-9 Corporation Basement Floor, South Square India, Cochin, Kerala, 682036.
What is the corporate identification number (CIN) and company number of Solvar Wires Private Limited?
The corporate identification number (CIN) of Solvar Wires Private Limited is U31300KL1978PTC003025 and the company number is 003025 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Solvar Wires Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Solvar Wires Private Limited has fallen by -99.58%.
What change has been observed in the net worth of Solvar Wires Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Solvar Wires Private Limited has experienced an downturn of -2.04%.
What are the total open charges for Solvar Wires Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Solvar Wires Private Limited amount to ₹ 0.97 M.
When was the last Balance Sheet of Solvar Wires Private Limited filed with the ROC?
The most recent Balance Sheet for Solvar Wires Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
LJ
Leena JoseDirectorNM
Nias MoopanDirectorJK
Jose KizhekkethottamManaging DirectorAM
Abdulla MuhammedDirectorAA
Ahmed AzharDirectorKS
Karipurath SalimDirector
Similar Companies Based on Cable & Wire
Gupta Power Infrastructure Limited 24 Parganas, West Bengal, India
Vindhya Telelinks Limited Rewa, Madhya Pradesh, India
Heg Limited Bhopal, Madhya Pradesh, India
Polycab India Limited Panch Mahals, Gujarat, India
Havells India Limited New Delhi, India
Sterlite Power Transmission Limited Pune, Maharashtra, India
R R Kabel Limited Mumbai, Maharashtra, India