Varsha Wires Private Limited

Manufactures, processes, and deals in steel and iron wires and their derivative products.

1999 | Ahmed Nagar, Maharashtra (India) | Active
Last Updated: December 06, 2024

Varsha Wires Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 26 Year, 27 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 3.30 M
  • Revenue Growth -4.89%
  • Profit Growth 65.82%
  • Ebitda -339.64%
  • Net Worth -0.84%
  • Total Assets 1.55%

About Varsha Wires

Varsha Wires Private Limited (VWPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 January 1999 and has a history of 26 years. Its registered office is in Ahmed Nagar, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.01 Cr.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹3.30 M, as per Ministry of Corporate Affairs (MCA) records.

Mangal Lune, Rajkumar Lune, and Nikhil Lune serve as directors at the Company.

Company Details

  • Location

    Ahmed Nagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299PN1999PTC013266

  • Company No.

    013266

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Mangal Lune Country flag representing In Director 27-Jan-1999Current
Rajkumar Lune Country flag representing In Director 27-Jan-1999Current
Nikhil Lune Country flag representing In Director 01-Mar-2011Current

Financial Performance of Varsha Wires.

Varsha Wires Private Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 4.89% decrease. The company also saw a substantial improvement in profitability, with a 65.82% increase in profit. The company's net worth dipped by a decrease of 0.84%.

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
-4.89%
Revenue from Operations
-5.27%
Total Assets
1.55%
Profit or Loss
65.82%
Net Worth
-0.84%
EBITDA
-339.64%

What is the Ownership and Shareholding Structure of Varsha Wires?

In 2017, Varsha 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

₹1.00 Cr

Satisfied Charges

₹0.33 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2023Others₹1.00 CrOpen
04 Sep 2019Others₹3.30 MSatisfied

How Many Employees Work at Varsha Wires?

Unlock and access historical data on people associated with Varsha Wires, 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 Varsha 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 Varsha 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 Varsha Wires

Recent activity within the organization

  • Annual General Meeting

    Varsha Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varsha Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 1.00 Cr registered on 27 Jun 2023 with Charge ID 100755247 was modified on 04 Jul 2023.

    04 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100755247 was registered on 27 Jun 2023.

    27 Jun 2023

  • Charges

    A charge registered on 04 Sep 2019 via Charge ID 100285078 with Others was fully satisfied on 28 Dec 2021.

    28 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100285078 was registered on 04 Sep 2019.

    04 Sep 2019

Frequently asked questions

  • Varsha Wires Private Limited was incorporated on 27 Jan 1999.

  • The authorized share capital of Varsha Wires Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 3 directors are associated with Varsha Wires Private Limited.

    • Mangal Rajkumar Lune
    • Rajkumar Popatlal Lune
    • Nikhil Rajkumar Lune
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varsha Wires Private Limited is Punam Moti Nagarnavjivan Colony India, Ahmednagar, Maharashtra, 414001.

  • The corporate identification number (CIN) of Varsha Wires Private Limited is U29299PN1999PTC013266 and the company number is 013266 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Varsha Wires Private Limited has fallen by -4.89%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Varsha Wires Private Limited has experienced an downturn of -0.84%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Varsha Wires Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Varsha Wires Private Limited was filed with the ROC on 31 Mar 2024.

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