Venkateswara Wires Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 6.89 M
- Company Age 36 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 163.78 Cr
- Satisfied Charges ₹ 54.20 Cr
- Revenue Growth 23.13%
- Profit Growth -30.41%
- Ebitda 1.23%
- Net Worth 6.09%
- Total Assets 0.33%
About Venkateswara Wires
Venkateswara Wires Pvt Ltd (VWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 1988 and has a history of 36 years and 11 months. Its registered office is in Jaipur, Rajasthan, India.
The Company is engaged in the Environment 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 7.50 M and a paid-up capital of Rs 6.89 M.
The company currently has active open charges totaling ₹163.78 Cr. The company has closed loans amounting to ₹54.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Saboo and Siddharth Saboo serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300RJ1988PTC004446
- Company No.
004446
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 May 1988
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Environment
Manufacturing
What products or services does Venkateswara Wires Pvt Ltd offer?
Venkateswara Wires Pvt Ltd offers a wide range of products and services, including Metal and Alloy Wires, Electrical Conductors, Aluminium Alloy Conductors, ACSR Conductor.
Venkateswara Wires Pvt Ltd
Explore comprehensive data for Venkateswara Wires Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Venkateswara Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Saboo  | Director | 16-May-1988 | Current |
| Siddharth Saboo | Director | 11-May-2017 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Venkateswara Wires?
In 2023, Venkateswara Wires had a promoter holding of 67.84% and a public holding of 32.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sanjay Saboo is a mutual person
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Sanjay Saboo is a mutual person
- Pearl Share Broker Private Limited
Sanjay Saboo is a mutual person
Charges (Loans)
Open Charges
₹1,637.77 M
Satisfied Charges
₹542.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 80.79 Cr
- Others : 73.90 Cr
- Sidbi : 6.09 Cr
- Indian Bank : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2023 | Indian Bank | ₹3.00 Cr | Open |
| 17 Mar 2023 | Others | ₹2.50 Cr | Open |
| 14 Nov 2022 | Others | ₹3.00 Cr | Open |
| 08 Sep 2022 | Hdfc Bank Limited | ₹1.71 M | Open |
| 25 Mar 2022 | Sidbi | ₹1.49 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Venkateswara 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 Venkateswara Wires's trajectory.
Rating
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
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 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.
- 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.
- Balance Sheet
Venkateswara Wires Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
- 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.
- Charges
A charge with Indian Bank amounted to Rs. 30.00 M with Charge ID 100817861 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Venkateswara Wires Pvt Ltd?
Venkateswara Wires Pvt Ltd was incorporated on 16 May 1988.
What is authorized share capital and paid-up capital of Venkateswara Wires Pvt Ltd?
The authorized share capital of Venkateswara Wires Pvt Ltd is ₹ 7.50 M and paid-up capital is ₹ 6.89 M.
Who are the current board members & directors of Venkateswara Wires Pvt Ltd?
Currently 2 directors are associated with Venkateswara Wires Pvt Ltd.
- Sanjay Saboo
- Siddharth Saboo
What is the registered address of Venkateswara Wires Pvt Ltd?
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.
What is the corporate identification number (CIN) and company number of Venkateswara Wires Pvt Ltd?
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).
What is the official website of Venkateswara Wires Pvt Ltd?
The Official website of Venkateswara Wires Pvt Ltd is https://www.venwires.com
What has been the recent revenue trend for Venkateswara Wires Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Venkateswara Wires Pvt Ltd has risen by 23.13%.
How many employees does Venkateswara Wires Pvt Ltd currently have?
As Per 2023 financial reports, 34 employees are currently employed by Venkateswara Wires Pvt Ltd.
What change has been observed in the net worth of Venkateswara Wires Pvt Ltd, and by what percentage?
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%.
What are the total open charges for Venkateswara Wires Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Venkateswara Wires Pvt Ltd amount to ₹ 163.78 Cr.
When was the last Balance Sheet of Venkateswara Wires Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Venkateswara Wires Pvt Ltd was filed with the ROC on 31 Mar 2024.
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