Swastik Winding Wires Private Limited

Manufactures and sells various types of electrical wires and wire products made from different metals.

1993 | Dharwad, Karnataka (India) | Active
Last Updated: October 23, 2024

Swastik Winding Wires Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.30 M
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.70 Cr
  • Satisfied Charges ₹ 3.51 Cr
  • Revenue Growth -5.46%
  • Profit Growth 152.05%
  • Ebitda 614.08%
  • Net Worth 6.92%
  • Total Assets -4.30%

About Swastik Winding Wires

Swastik Winding Wires Private Limited (SWWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 January 1993 and has a history of 32 years and one month. Its registered office is in Dharwad, 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 2.50 M and a paid-up capital of Rs 2.30 M.

The company currently has active open charges totaling ₹3.70 Cr. The company has closed loans amounting to ₹3.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhaykumar Jain and Ajeetkumar Jain serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31300KA1993PTC013888

  • Company No.

    013888

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Swastik Winding Wires?

Executive Team (1)

NameDesignationAppointment DateStatus
Abhaykumar Jain Country flag representing In Managing Director12-Jan-1993Current

Board Members (1)

NameDesignationAppointment DateStatus
Ajeetkumar Jain Country flag representing In Whole-Time Director 12-Jan-1993Current

Financial Performance of Swastik Winding Wires.

Swastik Winding Wires Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.46% decrease. The company also saw a substantial improvement in profitability, with a 152.05% increase in profit. The company's net worth moved up by a moderate rise of 6.92%.

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
-5.46%
Revenue from Operations
-5.10%
Total Assets
-4.30%
Profit or Loss
152.05%
Net Worth
6.92%
EBITDA
614.08%

What is the Ownership and Shareholding Structure of Swastik Winding Wires?

In 2023, Swastik Winding 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.95 M

Satisfied Charges

₹35.14 M

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 3.70 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2013The South Indian Bank Limited₹3.70 CrOpen
11 Jun 2020The South Indian Bank Limited₹3.90 MSatisfied
11 Oct 2002State Bank Of India₹2.10 CrSatisfied
20 Apr 1998The Shamrao Vithal Co-Op Bank Ltd₹5.12 MSatisfied
20 Apr 1998The Shamrao Vithal Co-Op Bank Ltd₹5.12 MSatisfied

How Many Employees Work at Swastik Winding Wires?

Swastik Winding Wires has a workforce of 18 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swastik Winding 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 Swastik Winding Wires'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 Swastik Winding Wires

Recent activity within the organization

  • Charges

    A charge registered on 11 Jun 2020 via Charge ID 100358009 with The South Indian Bank Limited was fully satisfied on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge with The South Indian Bank Limited of Rs. 36.95 M registered on 16 Dec 2013 with Charge ID 10470982 was modified on 02 Jan 2024.

    02 Jan 2024

  • Annual General Meeting

    Swastik Winding Wires Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Swastik Winding Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 3.90 M with Charge ID 100358009 was registered on 11 Jun 2020.

    11 Jun 2020

  • Charges

    A charge registered on 11 Oct 2002 via Charge ID 90192619 with State Bank Of India was fully satisfied on 06 Jan 2014.

    06 Jan 2014

Frequently asked questions

  • What is the Incorporation or founding date of Swastik Winding Wires Private Limited?

    Swastik Winding Wires Private Limited was incorporated on 12 Jan 1993.

  • What is authorized share capital and paid-up capital of Swastik Winding Wires Private Limited?

    The authorized share capital of Swastik Winding Wires Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.30 M.

  • Who are the current board members & directors of Swastik Winding Wires Private Limited?

    Currently 2 directors are associated with Swastik Winding Wires Private Limited.

    • Abhaykumar Babulalji Jain
    • Ajeetkumar Babulalji Jain
  • What is the registered address of Swastik Winding Wires Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Winding Wires Private Limited is Industrial Estate 1St Gate 4Th Cross Plot No M-9, Gokul Road India, Hubli, Karnataka, 580030.

  • What is the corporate identification number (CIN) and company number of Swastik Winding Wires Private Limited?

    The corporate identification number (CIN) of Swastik Winding Wires Private Limited is U31300KA1993PTC013888 and the company number is 013888 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Swastik Winding Wires Private Limited?

    The Official website of Swastik Winding Wires Private Limited is https://www.swastikinsulatingwires.com

  • What has been the recent revenue trend for Swastik Winding Wires Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Swastik Winding Wires Private Limited has fallen by -5.46%.

  • How many employees does Swastik Winding Wires Private Limited currently have?

    As Per 2023 financial reports, 18 employees are currently employed by Swastik Winding Wires Private Limited.

  • What change has been observed in the net worth of Swastik Winding Wires Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Swastik Winding Wires Private Limited has experienced an upsurge of 6.92%.

  • What are the total open charges for Swastik Winding Wires Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Swastik Winding Wires Private Limited amount to ₹ 3.70 Cr.

  • When was the last Balance Sheet of Swastik Winding Wires Private Limited filed with the ROC?

    The most recent Balance Sheet for Swastik Winding Wires Private Limited was filed with the ROC on 31 Mar 2023.

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