Venus Wire Industries Private Limited.

Manufacturer of stainless steel wires and bars for various industries, with ISO and other certifications.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated: November 25, 2024

Venus Wire Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.90 M
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 206.49 Cr
  • Satisfied Charges ₹ 164.63 Cr
  • Revenue Growth 32.85%
  • Profit Growth 1.56%
  • Ebitda -13.51%
  • Net Worth 35.29%
  • Total Assets 13.66%

About Venus Wire Industries

Venus Wire Industries Private Limited. (VWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 1990 and has a history of 34 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Venus Wire Industries Limited. The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 5.90 M.

The company currently has active open charges totaling ₹206.49 Cr. The company has closed loans amounting to ₹164.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Haresh Bohra, Sadashiv Shetty, Motilal Bohra, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    venuswires.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300MH1990PTC055812

  • Company No.

    055812

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Venus Wire Industries Private Limited. offer?

Venus Wire Industries Private Limited. offers a wide range of products and services, including Stainless Steel Bars, Steel Rods, Stainless Steel Rods, Fencing Wire, Concertina Coil, Metal and Alloy Wires, Alloy Wire, Stainless Steel Wire, Monel Wire, Cardboard Packaging Box.

Who are the key members and board of directors at Venus Wire Industries?

Board Members (7)

NameDesignationAppointment DateStatus
Ghevarchand Raghunathmalji Country flag representing In Director 15-Mar-1990Current
Haresh Bohra Country flag representing In Director 08-May-2023Current
Sadashiv Shetty Country flag representing In Director 07-Jan-2020Current
Motilal Bohra Country flag representing In Director 15-Mar-1990Current
Hitesh Bohra Country flag representing In Director 10-Dec-2005Current
Ghaverchand Bohra Country flag representing In Director 15-Mar-1990Current

Financial Performance of Venus Wire Industries.

Venus Wire Industries Private Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 32.85% increase. The company also saw a slight improvement in profitability, with a 1.56% increase in profit. The company's net worth Soared by an impressive increase of 35.29%.

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
32.85%
Revenue from Operations
31.11%
Total Assets
13.66%
Profit or Loss
1.56%
Net Worth
35.29%
EBITDA
-13.51%

What is the Ownership and Shareholding Structure of Venus Wire Industries?

In 2023, Venus Wire Industries 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

₹206.49 Cr

Satisfied Charges

₹164.63 Cr

Charges Breakdown by Lending Institutions

  • Others : 100.00 Cr
  • Dena Bank : 66.00 Cr
  • Hdfc Bank Limited : 25.00 Cr
  • Centurian Bank Limited : 15.49 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2024Others₹25.00 CrOpen
16 Jun 2022Hdfc Bank Limited₹25.00 CrOpen
24 Mar 2021Others₹75.00 CrOpen
29 Oct 2018Dena Bank₹66.00 CrOpen
14 Feb 2000Centurian Bank Limited₹15.49 CrOpen

How Many Employees Work at Venus Wire Industries?

Venus Wire Industries has a workforce of 199 employees as of Nov 25, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venus Wire Industries, 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 Venus Wire Industries'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 Venus Wire Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100896392 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 24 Mar 2021 with Charge ID 100433660 was modified on 26 Mar 2024.

    26 Mar 2024

  • Annual General Meeting

    Venus Wire Industries Private Limited. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Haresh Babulal Bohra was appointed as a Director was appointed as a Director on 08 May 2023 & has been associated with this company since 1 year 9 months .

    08 May 2023

  • Balance Sheet

    Venus Wire Industries Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 16 Jun 2022 with Charge ID 100601367 was modified on 09 Nov 2022.

    09 Nov 2022

Frequently asked questions

  • Venus Wire Industries Private Limited. was incorporated on 15 Mar 1990.

  • The authorized share capital of Venus Wire Industries Private Limited. is ₹ 5.00 Cr and paid-up capital is ₹ 5.90 M.

  • Currently 7 directors are associated with Venus Wire Industries Private Limited..

    • Haresh Babulal Bohra
    • Sadashiv Shetty
    • Motilal Parasmal Bohra
    • Ghevarchand Sanghvi Raghunathmalji
    • Hitesh Babulal Bohra
    • Ghaverchand Parasmal Bohra
    • Babulal Parasmal Bohra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venus Wire Industries Private Limited. is 3Rd Floor Mehta Mahal Plot No.15 Mathew Road Padmakar L Khandke Marg Opera House, Gi Rgaon India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Venus Wire Industries Private Limited. is U31300MH1990PTC055812 and the company number is 055812 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venus Wire Industries Private Limited. is https://www.venuswires.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venus Wire Industries Private Limited. has risen by 32.85%.

  • As Per 2023 financial reports, 199 employees are currently employed by Venus Wire Industries Private Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venus Wire Industries Private Limited. has experienced an upsurge of 35.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venus Wire Industries Private Limited. amount to ₹ 206.49 Cr.

  • The most recent Balance Sheet for Venus Wire Industries Private Limited. was filed with the ROC on 31 Mar 2023.