South India Wire Products Private Limited

Manufactures and supplies bright steel bars, threaded rods, automotive components, and more.

1975 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

South India Wire Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 49 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.58 Cr
  • Revenue Growth -5.77%
  • Profit Growth -24.94%
  • Ebitda -52.63%
  • Net Worth 5.22%
  • Total Assets -9.09%

About South India Wire Products

South India Wire Products Private Limited (SIWPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 July 1975 and has a history of 49 years and seven months. Its registered office is in Bangaluru, Karnataka, 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 1.00 Cr and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹14.58 Cr.

Arvind Chanchani, Umesh Chanchani, Dilip Chanchani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300KA1975PTC002835

  • Company No.

    002835

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 1975

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at South India Wire Products?

Board Members (5)

Name Designation Appointment Date Status
Arvind Chanchani Country flag representing In Whole-Time Director 16-Aug-2003 Current
Umesh Chanchani Country flag representing In Whole-Time Director 15-Jul-2004 Current
Dilip Chanchani Country flag representing In Whole-Time Director 01-Apr-2004 Current
Animesh Chanchani Country flag representing In Director 10-Feb-1990 Current
Sachin Chanchani Country flag representing In Whole-Time Director 01-Dec-2009 Current

Financial Performance of South India Wire Products.

South India Wire Products Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.77% decrease. The company also saw a substantial fall in profitability, with a 24.94% decrease in profit. The company's net worth moved up by a moderate rise of 5.22%.

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
-5.77%
Revenue from Operations
-8.02%
Total Assets
-9.09%
Profit or Loss
-24.94%
Net Worth
5.22%
EBITDA
-52.63%

What is the Ownership and Shareholding Structure of South India Wire Products?

In 2023, South India Wire Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.58 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 9.55 Cr
  • Axis Bank Limited : 5.03 Cr

Latest Charge Details

Date Lender Amount Status
06 Aug 2019 Axis Bank Limited ₹0.80 M Open
27 Nov 2018 Axis Bank Limited ₹4.95 Cr Open
04 Feb 2006 Canara Bank ₹4.00 Cr Open
03 Sep 1999 Canara Bank ₹5.55 Cr Open

How Many Employees Work at South India Wire Products?

South India Wire Products has a workforce of 75 employees as of Apr 09, 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 South India Wire Products, 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 South India Wire Products'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 South India Wire Products

Recent activity within the organization

  • Annual General Meeting

    South India Wire Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    South India Wire Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 4.95 Cr registered on 27 Nov 2018 with Charge ID 100223701 was modified on 24 Mar 2021.

    24 Mar 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100283648 was registered on 06 Aug 2019.

    06 Aug 2019

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100223701 was registered on 27 Nov 2018.

    27 Nov 2018

  • Charges

    A charge with Canara Bank of Rs. 5.55 Cr registered on 03 Sep 1999 with Charge ID 80037544 was modified on 10 Jun 2015.

    10 Jun 2015

Frequently asked questions

  • South India Wire Products Private Limited was incorporated on 08 Jul 1975.

  • The authorized share capital of South India Wire Products Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.00 M.

  • Currently 5 directors are associated with South India Wire Products Private Limited.

    • Arvind Amritlal Chanchani
    • Umesh Amritlal Chanchani
    • Dilip Amritlal Chanchani
    • Animesh Ramesh Chanchani
    • Sachin Chanchani
  • As per Ministry of Corporate Affairs (Mca), the registered address of South India Wire Products Private Limited is Plot No.17 J-2, Ii Phase Peenya Industrial Area India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of South India Wire Products Private Limited is U31300KA1975PTC002835 and the company number is 002835 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for South India Wire Products Private Limited has fallen by -5.77%.

  • As Per 2023 financial reports, 75 employees are currently employed by South India Wire Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of South India Wire Products Private Limited has experienced an upsurge of 5.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for South India Wire Products Private Limited amount to ₹ 14.58 Cr.

  • The most recent Balance Sheet for South India Wire Products Private Limited was filed with the ROC on 31 Mar 2024.