Venkateswara Wires Pvt Ltd logo

Venkateswara Wires Pvt Ltd

Manufacturer of cables and conductors, serving power transmission companies and private contractors. Also operates wind mills for power generation.
1988 | Jaipur, Rajasthan (India) | Active

Last Updated:

November 17, 2024
HomeCompanyVenkateswara Wires Pvt Ltd

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

Board Members(2)

NameDesignationAppointment DateStatus
Sanjay Saboo In Director 16-May-1988Current
Siddharth Saboo In Director 11-May-2017Current

Financial Performance and Corporate Structure Insights of Venkateswara Wires.

Venkateswara Wires Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 23.13% increase. The company also saw a substantial fall in profitability, with a 30.41% decrease in profit. The company's net worth moved up by a moderate rise of 6.09%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.13%
Revenue from Operations
23.14%
Total Assets
0.33%
Profit or Loss
-30.41%
Net Worth
6.09%
EBITDA
1.23%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹1,637.77 M

₹542.00 M

LenderAmountStatus

Indian Bank

Creation Date: 25 Oct 2023
₹3.00 CrOpen

Others

Creation Date: 17 Mar 2023
₹2.50 CrOpen

Others

Creation Date: 14 Nov 2022
₹3.00 CrOpen

How Many Employees Work at Venkateswara Wires?

Venkateswara Wires has a workforce of 34 employees as of Mar 30, 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.

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Latest Updates, News, and FAQs on Venkateswara Wires

Recent activity within the organization

  • Annual General Meeting

    Venkateswara Wires Pvt Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Charges

    A charge with Others of Rs. 25.00 M registered on 17 Mar 2023 with Charge ID 100707807 was modified on 06 May 2024.

    06 May 2024

  • Balance Sheet

    Venkateswara Wires Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 503.10 M registered on 23 Apr 2014 with Charge ID 10495144 was modified on 09 Feb 2024.

    09 Feb 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 30.00 M with Charge ID 100817861 was registered on 25 Oct 2023.

    25 Oct 2023

  • Charges

    A charge with Others of Rs. 180.00 M registered on 15 Sep 2016 with Charge ID 100056952 was modified on 10 Jun 2023.

    10 Jun 2023

Frequently asked questions

  • Venkateswara Wires Pvt Ltd was incorporated on 16 May 1988.

  • The authorized share capital of Venkateswara Wires Pvt Ltd is ₹ 7.50 M and paid-up capital is ₹ 6.89 M.

  • Currently 2 directors are associated with Venkateswara Wires Pvt Ltd.

    • Sanjay Saboo
    • Siddharth Saboo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkateswara Wires Pvt Ltd is E-55, Road No.5 Vki Area India, Jaipur, Rajasthan, 302013.

  • The corporate identification number (CIN) of Venkateswara Wires Pvt Ltd is U31300RJ1988PTC004446 and the company number is 004446 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venkateswara Wires Pvt Ltd is https://www.venwires.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venkateswara Wires Pvt Ltd has risen by 23.13%.

  • As Per 2023 financial reports, 34 employees are currently employed by Venkateswara Wires Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venkateswara Wires Pvt Ltd has experienced an upsurge of 6.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venkateswara Wires Pvt Ltd amount to ₹ 163.78 Cr.

  • The most recent Balance Sheet for Venkateswara Wires Pvt Ltd was filed with the ROC on 31 Mar 2024.

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