Swarnagiri Wire Insulations Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 9.60 M
- Company Age 39 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.06 Cr
- Satisfied Charges ₹ 11.27 Cr
- Revenue Growth 5.91%
- Profit Growth 15.87%
- Ebitda -23.85%
- Net Worth 8.04%
- Total Assets -1.35%
About Swarnagiri Wire Insulations
Swarnagiri Wire Insulations Private Limited (SWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 May 1985 and has a history of 39 years and nine months. Its registered office is in Hubli, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 9.60 M.
The company currently has active open charges totaling ₹9.06 Cr. The company has closed loans amounting to ₹11.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shahbabulal Jain, Akshay Jain, and Ashwin Jain serve as directors at the Company.
Company Details
- Location
Hubli, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U25206KA1985PTC006917
- Company No.
006917
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 May 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
What products or services does Swarnagiri Wire Insulations Private Limited offer?
Swarnagiri Wire Insulations Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Copper Wires, Metal Wire, Enameled Copper Wire, Aluminum Wires, Bare Aluminium Wire, Industrial Wires, PVC Cables, Insulated Cables, PVC Wire.
Who are the key members and board of directors at Swarnagiri Wire Insulations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shahbabulal Jain  | Managing Director | 22-May-1985 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akshay Jain | Director | 01-Oct-2006 | Current |
| Ashwin Jain | Director | 26-May-2014 | Current |
Financial Performance of Swarnagiri Wire Insulations.
Swarnagiri Wire Insulations Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.91% increase. The company also saw a substantial improvement in profitability, with a 15.87% increase in profit. The company's net worth moved up by a moderate rise of 8.04%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Swarnagiri Wire Insulations?
In 2023, Swarnagiri Wire Insulations had a promoter holding of 54.48% and a public holding of 45.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Swarnagiri Insulating Company Private Limited
Akshay Jain and Ashwin Jain are mutual person
Charges (Loans)
Open Charges
₹9.06 Cr
Satisfied Charges
₹11.27 Cr
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 9.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2013 | The South Indian Bank Limited | ₹9.06 Cr | Open |
| 17 Mar 2006 | State Bank Of India | ₹8.30 Cr | Satisfied |
| 28 Feb 2005 | State Bank Of India | ₹7.00 M | Satisfied |
| 10 Jun 1995 | State Bank Of India | ₹1.50 Cr | Satisfied |
| 29 Jul 1989 | The Director Of Industries & Commerce Govt Of Karnataka | ₹0.55 M | Satisfied |
How Many Employees Work at Swarnagiri Wire Insulations?
Swarnagiri Wire Insulations has a workforce of 57 employees as of Apr 07, 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 Swarnagiri Wire Insulations, 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 Swarnagiri Wire Insulations'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.
