Tensile Wires (India) Private Limited

Manufactures steel wire and provides specialized machines and equipment for manufacturing and coating plants.

1985 | Nagpur, Maharashtra (India) | Active
Last Updated: June 16, 2024

Tensile Wires (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.07 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.60 Cr
  • Satisfied Charges ₹ 17.02 Cr
  • Revenue Growth -92.09%
  • Profit Growth -158.72%
  • Ebitda -41.35%
  • Net Worth -21.75%
  • Total Assets -27.53%

About Tensile Wires (India)

Tensile Wires (India) Private Limited (TWIPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 May 1985 and has a history of 39 years and eight months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Radha Steels Private Limited. 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 1.07 Cr.

The company currently has active open charges totaling ₹39.60 Cr. The company has closed loans amounting to ₹17.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rishikant Tekriwal and Shreekant Tekriwal serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100MH1985PTC036131

  • Company No.

    036131

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 May 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Tensile Wires (India)?

Board Members (2)

Name Designation Appointment Date Status
Rishikant Tekriwal Country flag representing In Director 15-Nov-2010 Current
Shreekant Tekriwal Country flag representing In Whole-Time Director 07-Aug-2002 Current

Financial Performance of Tensile Wires (India).

Tensile Wires (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 92.09% decrease. The company also saw a substantial fall in profitability, with a 158.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.75%.

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
-92.09%
Revenue from Operations
-94.32%
Total Assets
-27.53%
Profit or Loss
-158.72%
Net Worth
-21.75%
EBITDA
-41.35%

What is the Ownership and Shareholding Structure of Tensile Wires (India)?

In 2023, Tensile Wires (India) had a promoter holding of 65.89% and a public holding of 34.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.60 Cr

Satisfied Charges

₹17.02 Cr

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 38.50 Cr
  • Andhra Bank : 0.81 Cr
  • Others : 0.29 Cr

Latest Charge Details

Date Lender Amount Status
16 Apr 2016 Syndicate Bank ₹35.00 Cr Open
30 Mar 2016 Others ₹2.90 M Open
07 Dec 2015 Syndicate Bank ₹3.50 Cr Open
07 Feb 1990 Andhra Bank ₹8.08 M Open
14 Nov 2013 Tirupati Urban Co-Op. Bank Limited ₹0.90 M Satisfied

How Many Employees Work at Tensile Wires (India)?

Unlock and access historical data on people associated with Tensile Wires (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tensile Wires (India), 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 Tensile Wires (India)'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 Tensile Wires (India)

Recent activity within the organization

  • Annual General Meeting

    Tensile Wires (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Tensile Wires (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 14 Nov 2013 via Charge ID 10464924 with Tirupati Urban Co-Op. Bank Limited was fully satisfied on 15 May 2019.

    15 May 2019

  • Charges

    A charge with Syndicate Bank amounted to Rs. 35.00 Cr with Charge ID 100028801 was registered on 16 Apr 2016.

    16 Apr 2016

  • Charges

    A charge with Others amounted to Rs. 0.29 Cr with Charge ID 100019302 was registered on 30 Mar 2016.

    30 Mar 2016

  • Charges

    A charge registered on 08 Dec 2012 via Charge ID 10394707 with Axis Bank Limited was fully satisfied on 23 Dec 2015.

    23 Dec 2015

Frequently asked questions

  • Tensile Wires (India) Private Limited was incorporated on 06 May 1985.

  • The authorized share capital of Tensile Wires (India) Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.07 Cr.

  • Currently 2 directors are associated with Tensile Wires (India) Private Limited.

    • Rishikant Arunkumar Tekriwal
    • Shreekant Premkumar Tekriwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tensile Wires (India) Private Limited is L-6/2/1Midc Industrial Area Hingna Road, Nagpur, Maharashtra, India, 440016.

  • The corporate identification number (CIN) of Tensile Wires (India) Private Limited is U29100MH1985PTC036131 and the company number is 036131 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tensile Wires (India) Private Limited has fallen by -92.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tensile Wires (India) Private Limited has experienced an downturn of -21.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tensile Wires (India) Private Limited amount to ₹ 39.60 Cr.

  • The most recent Balance Sheet for Tensile Wires (India) Private Limited was filed with the ROC on 31 Mar 2023.

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