Vidya Wires Limited

This company manufactures insulated copper wires used in various applications worldwide.

1981 | Anand, Gujarat (India) | Active
Last Updated: November 16, 2024

Vidya Wires Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 43 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 335.88 Cr
  • Satisfied Charges ₹ 152.98 Cr
  • Revenue Growth 9.76%
  • Profit Growth 10.98%
  • Ebitda 18.68%
  • Net Worth 26.96%
  • Total Assets -1.72%

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 one month. 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 4.00 Cr.

The company currently has active open charges totaling ₹335.88 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 is Alpesh Makwana as COMPANY SECRETARY. Shyamsundar Rathi, Shilpa Rathi, Prashant Amin, and Three other members serve as directors at the Company.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Shailesh Rathi Country flag representing In Managing Director18-Jan-2010Current
Alpesh Makwana Company Secretary07-Sep-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Shyamsundar Rathi Country flag representing In Whole-Time Director 11-Dec-1981Current
Shilpa Rathi Country flag representing In Whole-Time Director 16-Jul-2024Current
Prashant Amin Country flag representing Us Director 08-Oct-2024Current
Balveermal Singhvi Country flag representing In Director 20-Oct-2024Current
Rajnikant Diwan Country flag representing In Director 08-Oct-2024Current

Financial Performance of Vidya Wires.

Vidya Wires Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.76% increase. The company also saw a substantial improvement in profitability, with a 10.98% increase in profit. The company's net worth Soared by an impressive increase of 26.96%.

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
9.76%
Revenue from Operations
9.71%
Total Assets
-1.72%
Profit or Loss
10.98%
Net Worth
26.96%
EBITDA
18.68%

What is the Ownership and Shareholding Structure of Vidya Wires?

In 2023, Vidya Wires 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

₹335.88 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 : 75.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2021The Hongkong And Shanghai Banking Corporation Limited₹30.00 CrOpen
24 Aug 2021The Hongkong And Shanghai Banking Corporation Limited₹45.00 CrOpen
15 Mar 2021Others₹60.02 CrOpen
31 Dec 2020Others₹4.29 CrOpen
13 Aug 2020Others₹4.13 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Vidya Wires

Recent activity within the organization

  • Director Appointment

    Balveermal Kewalmal Singhvi was appointed as a Director was appointed as a Director on 20 Oct 2024 & has been associated with this company since 3 months 12 days .

    20 Oct 2024

  • Director Appointment

    Prashant Chandrakant Amin was appointed as a Director was appointed as a Director on 08 Oct 2024 & has been associated with this company since 3 months 24 days .

    08 Oct 2024

  • Director Appointment

    Rajnikant Chimanlal Diwan was appointed as a Director was appointed as a Director on 08 Oct 2024 & has been associated with this company since 3 months 24 days .

    08 Oct 2024

  • Annual General Meeting

    Vidya Wires Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Director Appointment

    Alpesh Somjibhai Makwana was appointed as a Company Secretary was appointed as a Company Secretary on 07 Sep 2024 & has been associated with this company since 4 months 25 days .

    07 Sep 2024

  • Charges

    A charge registered on 13 Aug 2020 via Charge ID 100365133 with Others was fully satisfied on 23 Aug 2024.

    23 Aug 2024

Frequently asked questions

  • Vidya Wires Limited was incorporated on 11 Dec 1981.

  • The authorized share capital of Vidya Wires Limited is ₹ 25.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 7 directors are associated with Vidya Wires Limited.

    • Shyamsundar Rathi
    • Shilpa Shailesh Rathi
    • Prashant Chandrakant Amin
    • Shailesh Rathi
    • Balveermal Kewalmal Singhvi
    • Rajnikant Chimanlal Diwan
    • Alpesh Somjibhai Makwana
  • 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.

  • The corporate identification number (CIN) of Vidya Wires Limited is U31300GJ1981PLC004879 and the company number is 004879 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vidya Wires Limited is https://www.vidyawire.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vidya Wires Limited has risen by 9.76%.

  • As Per 2023 financial reports, 56 employees are currently employed by Vidya Wires Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vidya Wires Limited has experienced an upsurge of 26.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vidya Wires Limited amount to ₹ 335.88 Cr.

  • The most recent Balance Sheet for Vidya Wires Limited was filed with the ROC on 31 Mar 2024.