Usha Magwires India Private Limited

Provides business process management services and manufactures various types of wires and cables.

2008 | Pashamylaram, Telangana (India) | Active
Last Updated: July 03, 2024

Usha Magwires India Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 9.00 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.96 Cr
  • Revenue Growth -11.67%
  • Profit Growth 31.69%
  • Ebitda -128.76%
  • Net Worth 0.95%
  • Total Assets -3.47%

About Usha Magwires India

Usha Magwires India Private Limited (UMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 2008 and has a history of 16 years and ten months. Its registered office is in Pashamylaram, Telangana, India.

The Corporate was formerly known as Usha Alcu Transmission 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 9.00 M and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹9.96 Cr.

Kommineni Srinivas and Kommineni Rani serve as directors at the Company.

Company Details

  • Location

    Pashamylaram, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2008PTC058251

  • Company No.

    058251

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

Who are the key members and board of directors at Usha Magwires India?

Board Members (2)

Name Designation Appointment Date Status
Kommineni Srinivas Country flag representing In Director 19-Mar-2008 Current
Kommineni Rani Country flag representing In Director 05-Oct-2021 Current

Financial Performance of Usha Magwires India.

Usha Magwires India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.67% decrease. The company also saw a substantial improvement in profitability, with a 31.69% increase in profit. The company's net worth moved up by a moderate rise of 0.95%.

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
-11.67%
Revenue from Operations
-20.20%
Total Assets
-3.47%
Profit or Loss
31.69%
Net Worth
0.95%
EBITDA
-128.76%

What is the Ownership and Shareholding Structure of Usha Magwires India?

In 2023, Usha Magwires India 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

₹99.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.05 Cr
  • Canara Bank : 4.91 Cr

Latest Charge Details

Date Lender Amount Status
12 Feb 2015 Others ₹1.25 Cr Open
08 Aug 2014 Canara Bank ₹4.91 Cr Open
23 Dec 2008 Others ₹3.80 Cr Open

How Many Employees Work at Usha Magwires India?

Unlock and access historical data on people associated with Usha Magwires 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 Usha Magwires 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 Usha Magwires 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 Usha Magwires India

Recent activity within the organization

  • Annual General Meeting

    Usha Magwires 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

    Usha Magwires India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Kommineni Usha Rani was appointed as a Director was appointed as a Director on 05 Oct 2021 & has been associated with this company since 3 years 4 months .

    05 Oct 2021

  • Charges

    A charge with Others of Rs. 38.00 M registered on 23 Dec 2008 with Charge ID 10137248 was modified on 26 Dec 2017.

    26 Dec 2017

  • Charges

    A charge with Others of Rs. 12.50 M registered on 12 Feb 2015 with Charge ID 10566025 was modified on 05 Oct 2017.

    05 Oct 2017

  • Charges

    A charge with Others amounted to Rs. 12.50 M with Charge ID 10566025 was registered on 12 Feb 2015.

    12 Feb 2015

Frequently asked questions

  • Usha Magwires India Private Limited was incorporated on 19 Mar 2008.

  • The authorized share capital of Usha Magwires India Private Limited is ₹ 9.00 M and paid-up capital is ₹ 9.00 M.

  • Currently 2 directors are associated with Usha Magwires India Private Limited.

    • Kommineni Srinivas
    • Kommineni Usha Rani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Usha Magwires India Private Limited is Plot No. 25D Phase-IiiIndustrial Park Pashamylaram Patancheru Mandal, Telangana, India, 522006.

  • The corporate identification number (CIN) of Usha Magwires India Private Limited is U74999TG2008PTC058251 and the company number is 058251 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Usha Magwires India Private Limited has fallen by -11.67%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Usha Magwires India Private Limited has experienced an upsurge of 0.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Usha Magwires India Private Limited amount to ₹ 9.96 Cr.

  • The most recent Balance Sheet for Usha Magwires India Private Limited was filed with the ROC on 31 Mar 2023.

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