Visakha Wire Ropes Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 16-07-2024
- Paid Up Capital ₹ 2.50 Cr
as on 16-07-2024
- Company Age 47 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.50 Cr
as on 16-07-2024
- Satisfied Charges ₹ 39.03 Cr
as on 16-07-2024
- Revenue 27.24%
(FY 2023)
- Profit 42.58%
(FY 2023)
- Ebitda 25.39%
(FY 2023)
- Net Worth 12.16%
(FY 2023)
- Total Assets 26.29%
(FY 2023)
About Visakha Wire Ropes
The Corporate was formerly known as Visakha Wire Ropes Pvt Limited. The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹38.50 Cr. The company has closed loans amounting to ₹39.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahesh Poddar, Anjay Pacheriwala, Nirmal Somani, and Three other members serve as directors at the Company.
- CIN/LLPIN
U31300AP1977PLC002151
- Company No.
002151
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Mar 1977
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Vizag, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Visakha Wire Ropes Limited offer?
Visakha Wire Ropes Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Air Springs & Compression Springs, Extension Springs, Spring Steel Wire.
Who are the key members and board of directors at Visakha Wire Ropes?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anjay Pacheriwala  | Managing Director | 19-May-2007 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Malvika Poddar | Director | 25-May-2015 | Current |
| Mahesh Poddar | Director | 04-Aug-2005 | Current |
| Nirmal Somani | Director | 14-Apr-2016 | Current |
| Abhinav Agrawal | Director | 08-Nov-2005 | Current |
| Subhash Sharma | Director | 25-May-2015 | Current |
Financial Performance of Visakha Wire Ropes.
Visakha Wire Ropes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.24% increase. The company also saw a substantial improvement in profitability, with a 42.58% increase in profit. The company's net worth Soared by an impressive increase of 12.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Visakha Wire Ropes?
In 2023, Visakha Wire Ropes had a promoter holding of 99.88% and a public holding of 0.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shri Ram Wire Ranchi LlpActive 6 years 7 monthsMahesh Poddar and Anjay Pacheriwala are mutual person
- Jsia Industrial Infrastructure Private LimitedActive 6 years 9 months
Anjay Pacheriwala is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 09 Oct 2020 | ₹22.50 Cr | Open |
Andhra Bank Creation Date: 13 Mar 2004 | ₹16.00 Cr | Open |
Hdfc Bank Limited Creation Date: 24 Mar 2021 | ₹16.50 Cr | Satisfied |
How Many Employees Work at Visakha Wire Ropes?
Visakha Wire Ropes has a workforce of 49 employees as of Apr 07, 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 Visakha Wire Ropes, 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 Visakha Wire Ropes'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.
