Solvar Wires Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 20-06-2024
- Paid Up Capital ₹ 2.24 Cr
as on 20-06-2024
- Company Age 46 Year, 21 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.97 M
as on 20-06-2024
- Satisfied Charges ₹ 4.18 Cr
as on 20-06-2024
- Revenue 190.94%
(FY 2020)
- Profit 80.19%
(FY 2020)
- Ebitda -49.50%
(FY 2020)
- Net Worth -1.54%
(FY 2020)
- Total Assets -20.78%
(FY 2020)
About Solvar Wires
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 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.
- CIN/LLPIN
U31300KL1978PTC003025
- Company No.
003025
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Nov 1978
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
- Email Address
- Website
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- Social Media-
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 and Corporate Structure Insights of Solvar Wires.
Solvar Wires Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 190.94% increase. The company also saw a substantial improvement in profitability, with a 80.19% increase in profit. The company's net worth dipped by a decrease of 1.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Solvar Wires?
In 2016, Solvar 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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Union Bank Of India Creation Date: 15 Nov 2001 | ₹0.13 M | Open |
State Bank Of India Creation Date: 25 Nov 1988 | ₹0.74 M | Open |
Bank Of Cochin Ltd. Creation Date: 26 Dec 1980 | ₹0.10 M | Open |
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.
