Vartika Wire Products Private Limited

Manufacturer of copper wire and allied products for machinery, telecom, power, and automotive industries.

1995 | Rangareddy, Telangana (India) | Active
Last Updated: December 22, 2024

Vartika Wire Products Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.71 M
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 42.48 Cr
  • Satisfied Charges ₹ 2.66 Cr
  • Revenue Growth 4.34%
  • Profit Growth 62.19%
  • Ebitda 70.25%
  • Net Worth 7.53%
  • Total Assets 7.36%

About Vartika Wire Products

Vartika Wire Products Private Limited (VWPPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 October 1995 and has a history of 29 years and four months. Its registered office is in Rangareddy, Telangana, 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 2.50 M and a paid-up capital of Rs 1.71 M.

The company currently has active open charges totaling ₹42.48 Cr. The company has closed loans amounting to ₹2.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kasturi Mutha and Vaibhav Mutha serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28112TG1995PTC021905

  • Company No.

    021905

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

Who are the key members and board of directors at Vartika Wire Products?

Board Members (2)

Name Designation Appointment Date Status
Kasturi Mutha Country flag representing In Director 04-Oct-1995 Current
Vaibhav Mutha Country flag representing In Director 01-Jul-2003 Current

Financial Performance of Vartika Wire Products.

Vartika Wire Products Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.34% increase. The company also saw a substantial improvement in profitability, with a 62.19% increase in profit. The company's net worth moved up by a moderate rise of 7.53%.

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
4.34%
Revenue from Operations
Total Assets
7.36%
Profit or Loss
62.19%
Net Worth
7.53%
EBITDA
70.25%

What is the Ownership and Shareholding Structure of Vartika Wire Products?

In 2022, Vartika Wire Products 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

₹424.82 M

Satisfied Charges

₹26.60 M

Charges Breakdown by Lending Institutions

  • Others : 34.46 Cr
  • Hdfc Bank Limited : 8.02 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 2024 Others ₹5.03 Cr Open
26 Mar 2024 Others ₹7.56 Cr Open
26 Mar 2024 Others ₹21.87 Cr Open
21 Mar 2014 Hdfc Bank Limited ₹3.10 M Open
28 Aug 2012 Hdfc Bank Limited ₹1.50 Cr Open

How Many Employees Work at Vartika Wire Products?

Unlock and access historical data on people associated with Vartika Wire Products, 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 Vartika Wire Products, 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 Vartika Wire Products'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 Vartika Wire Products

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 50.30 M with Charge ID 100975728 was registered on 12 Aug 2024.

    12 Aug 2024

  • Balance Sheet

    Vartika Wire Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 75.62 M with Charge ID 100896645 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 218.70 M with Charge ID 100898146 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 62.10 M registered on 06 Apr 2011 with Charge ID 10280521 was modified on 07 Jan 2015.

    07 Jan 2015

Frequently asked questions

  • Vartika Wire Products Private Limited was incorporated on 04 Oct 1995.

  • The authorized share capital of Vartika Wire Products Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.71 M.

  • Currently 2 directors are associated with Vartika Wire Products Private Limited.

    • Kasturi Mutha
    • Vaibhav Mutha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vartika Wire Products Private Limited is A-8 Road No 9 Ida Nacharam Hyderabad, India, Andhra Pradesh, Telangana, 500076.

  • The corporate identification number (CIN) of Vartika Wire Products Private Limited is U28112TG1995PTC021905 and the company number is 021905 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vartika Wire Products Private Limited has risen by 4.34%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vartika Wire Products Private Limited has experienced an upsurge of 7.53%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vartika Wire Products Private Limited amount to ₹ 42.48 Cr.

  • The most recent Balance Sheet for Vartika Wire Products Private Limited was filed with the ROC on 31 Mar 2024.

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