Vidya Wires Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 16.00 Cr
- Company Age 43 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 350.88 Cr
- Satisfied Charges ₹ 152.98 Cr
- Revenue Growth 17.88%
- Profit Growth 24.58%
- Ebitda 22.76%
- Net Worth 26.46%
- Total Assets 19.52%
About Vidya Wires
Vidya Wires Limited (VWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 December 1981 and has a history of 43 years and four months. Its registered office is in Anand, Gujarat, India.
The Company is engaged in the Metal & Minerals 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 25.00 Cr and a paid-up capital of Rs 16.00 Cr.
The company currently has active open charges totaling ₹350.88 Cr. The company has closed loans amounting to ₹152.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vidya Wires Limited India are Navinkumar Pachisia as CFO and Alpesh Makwana as Company Secretary. Shailesh Rathi, Balveermal Singhvi, Rajnikant Diwan, and Three other members serve as directors at the Company.
Company Details
- Location
Anand, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300GJ1981PLC004879
- Company No.
004879
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Dec 1981
- Date of AGM
21 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Metal & Minerals
What products or services does Vidya Wires Limited offer?
Vidya Wires Limited offers a wide range of products and services, including Engineering and Shipping Ropes, Wire Ropes, Copper Strips, Rod and Bars, Copper Strip, Router, Cables & Networking Devices, Signal Cables, Metal and Alloy Wires, Copper Wires, Winding Wire, Copper & Brass Products.
Vidya Wires Limited
Explore comprehensive data for Vidya Wires Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vidya Wires?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shailesh Rathi  | Managing Director | 18-Jan-2010 | Current |
| Navinkumar Pachisia | CFO | 28-Dec-2024 | Current |
| Alpesh Makwana | Company Secretary | 07-Sep-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balveermal Singhvi | Director | 07-Oct-2024 | Current |
| Rajnikant Diwan | Director | 21-Sep-2024 | Current |
Prashant Amin  | Director | 21-Sep-2024 | Current |
| Shyamsundar Rathi | Whole-Time Director | 11-Dec-1981 | Current |
| Shilpa Rathi | Whole-Time Director | 19-Jun-2024 | Current |
Financial Performance of Vidya Wires.
Vidya Wires Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 17.88% increase. The company also saw a substantial improvement in profitability, with a 24.58% increase in profit. The company's net worth Soared by an impressive increase of 26.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vidya Wires?
In 2024, Vidya Wires had a promoter holding of 92.57% and a public holding of 7.43%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sambhaav Media LimitedBalveermal Singhvi is a mutual person
Gopal Snacks LimitedRajnikant Diwan is a mutual person
Mahalaxmi Rubtech LtdBalveermal Singhvi is a mutual person
Shah Foods LimitedBalveermal Singhvi is a mutual person
Eimco Elecon (India ) LimitedPrashant Amin is a mutual person
Metroglobal LimitedBalveermal Singhvi is a mutual person
Charges (Loans)
Open Charges
₹350.88 Cr
Satisfied Charges
₹152.98 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 147.44 Cr
- Others : 113.44 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 90.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹45.00 Cr | Open |
| 24 Aug 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹45.00 Cr | Open |
| 15 Mar 2021 | Others | ₹60.02 Cr | Open |
| 31 Dec 2020 | Others | ₹4.29 Cr | Open |
| 13 Aug 2020 | Others | ₹4.13 Cr | Open |
How Many Employees Work at Vidya Wires?
Vidya Wires has a workforce of 56 employees as of Sep 22, 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 Vidya 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 Vidya 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 Vidya Wires
Recent activity within the organization
- Director Appointment
Navinkumar Pachisia was appointed as a Cfo was appointed as a Cfo on 28 Dec 2024 & has been associated with this company since 3 months 17 days .
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 45.00 Cr registered on 31 Dec 2021 with Charge ID 100527501 was modified on 16 Nov 2024.
- Director Appointment
Balveermal Kewalmal Singhvi was appointed as a Director was appointed as a Director on 07 Oct 2024 & has been associated with this company since 6 months 8 days .
- Annual General Meeting
Vidya Wires Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.
- Director Appointment
Rajnikant Chimanlal Diwan was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 6 months 24 days .
- Director Appointment
Prashant Chandrakant Amin was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 6 months 24 days .
Frequently asked questions
What is the Incorporation or founding date of Vidya Wires Limited?
Vidya Wires Limited was incorporated on 11 Dec 1981.
What is authorized share capital and paid-up capital of Vidya Wires Limited?
The authorized share capital of Vidya Wires Limited is ₹ 25.00 Cr and paid-up capital is ₹ 16.00 Cr.
Who are the current board members & directors of Vidya Wires Limited?
Currently 8 directors are associated with Vidya Wires Limited.
- Shailesh Rathi
- Balveermal Kewalmal Singhvi
- Navinkumar Pachisia
- Alpesh Somjibhai Makwana
- Rajnikant Chimanlal Diwan
- Prashant Chandrakant Amin
- Shyamsundar Rathi
- Shilpa Shailesh Rathi
What is the registered address of Vidya Wires Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vidya Wires Limited is Plot No. 8/1-2 Gidc, Opp. Sls Industries India, Anand, Gujarat, 388121.
What is the corporate identification number (CIN) and company number of Vidya Wires Limited?
The corporate identification number (CIN) of Vidya Wires Limited is U31300GJ1981PLC004879 and the company number is 004879 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vidya Wires Limited?
The Official website of Vidya Wires Limited is https://www.vidyawire.com
What has been the recent revenue trend for Vidya Wires Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Vidya Wires Limited has risen by 17.88%.
How many employees does Vidya Wires Limited currently have?
As Per 2024 financial reports, 56 employees are currently employed by Vidya Wires Limited.
What change has been observed in the net worth of Vidya Wires Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Vidya Wires Limited has experienced an upsurge of 26.46%.
What are the total open charges for Vidya Wires Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Vidya Wires Limited amount to ₹ 350.88 Cr.
When was the last Balance Sheet of Vidya Wires Limited filed with the ROC?
The most recent Balance Sheet for Vidya Wires Limited was filed with the ROC on 31 Mar 2024.
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