Visakha Wire Ropes Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 48 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.50 Cr
- Satisfied Charges ₹ 39.03 Cr
- Revenue Growth 27.24%
- Profit Growth 42.58%
- Ebitda 25.39%
- Net Worth 12.16%
- Total Assets 26.29%
About Visakha Wire Ropes
Visakha Wire Ropes Limited (VWRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 March 1977 and has a history of 48 years and one month. Its registered office is in Vizag, Andhra Pradesh, India.
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.
Company Details
- Location
Vizag, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Manufacturing
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.
Visakha Wire Ropes Limited
Explore comprehensive data for Visakha Wire Ropes Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Miki Steel Works Private LimitedMahesh Poddar is a mutual person
Shri Ram Wire Ranchi LlpMahesh Poddar and Anjay Pacheriwala are mutual person
- Vika Manufacturing Company Pvt. Ltd.
Mahesh Poddar is a mutual person
- Miki Wire Works Private Limited
Mahesh Poddar is a mutual person
- Jsia Industrial Infrastructure Private Limited
Anjay Pacheriwala is a mutual person
- Jayshree Fibre Products Ltd
Nirmal Somani is a mutual person
Charges (Loans)
Open Charges
₹38.50 Cr
Satisfied Charges
₹39.03 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 22.50 Cr
- Andhra Bank : 16.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2020 | Hdfc Bank Limited | ₹22.50 Cr | Open |
| 13 Mar 2004 | Andhra Bank | ₹16.00 Cr | Open |
| 24 Mar 2021 | Hdfc Bank Limited | ₹16.50 Cr | Satisfied |
| 24 Feb 2011 | Axis Bank Limited | ₹19.82 Cr | Satisfied |
| 24 Nov 2003 | The Andhra Pradesh State Financial Corporation | ₹5.00 M | 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.
Latest Updates, News, and FAQs on Visakha Wire Ropes
Recent activity within the organization
- Annual General Meeting
Visakha Wire Ropes Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Visakha Wire Ropes Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge with Hdfc Bank Limited of Rs. 22.50 Cr registered on 09 Oct 2020 with Charge ID 100441052 was modified on 17 Nov 2021.
- Charges
A charge registered on 24 Mar 2021 via Charge ID 100464047 with Hdfc Bank Limited was fully satisfied on 15 Sep 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.50 Cr with Charge ID 100464047 was registered on 24 Mar 2021.
- Charges
A charge registered on 24 Feb 2011 via Charge ID 10271780 with Axis Bank Limited was fully satisfied on 12 Mar 2021.
Frequently asked questions
What is the Incorporation or founding date of Visakha Wire Ropes Limited?
Visakha Wire Ropes Limited was incorporated on 31 Mar 1977.
What is authorized share capital and paid-up capital of Visakha Wire Ropes Limited?
The authorized share capital of Visakha Wire Ropes Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.50 Cr.
Who are the current board members & directors of Visakha Wire Ropes Limited?
Currently 6 directors are associated with Visakha Wire Ropes Limited.
- Mahesh Poddar
- Anjay Pacheriwala
- Nirmal Kumar Somani
- Abhinav Agrawal
- Malvika Poddar
- Subhash Kumar Sharma
What is the registered address of Visakha Wire Ropes Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Visakha Wire Ropes Limited is D-15D-16Eei Estate Near Bhvp, Vizag, Andhra Pradesh, India, 530012.
What is the corporate identification number (CIN) and company number of Visakha Wire Ropes Limited?
The corporate identification number (CIN) of Visakha Wire Ropes Limited is U31300AP1977PLC002151 and the company number is 002151 as per Ministry of Corporate Affairs (MCA).
What is the official website of Visakha Wire Ropes Limited?
The Official website of Visakha Wire Ropes Limited is https://www.vwrl.co.in
What has been the recent revenue trend for Visakha Wire Ropes Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Visakha Wire Ropes Limited has risen by 27.24%.
How many employees does Visakha Wire Ropes Limited currently have?
As Per 2023 financial reports, 49 employees are currently employed by Visakha Wire Ropes Limited.
What change has been observed in the net worth of Visakha Wire Ropes Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Visakha Wire Ropes Limited has experienced an upsurge of 12.16%.
What are the total open charges for Visakha Wire Ropes Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Visakha Wire Ropes Limited amount to ₹ 38.50 Cr.
When was the last Balance Sheet of Visakha Wire Ropes Limited filed with the ROC?
The most recent Balance Sheet for Visakha Wire Ropes Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
SM
Shri MaheshwariWholetime DirectorVB
Veera BandiDirectorSJ
Sarath JasthiDirectorNK
Nutan KolliDirector
Similar Companies Based on Cable & Wire
Gupta Power Infrastructure Limited 24 Parganas, West Bengal, India
Vindhya Telelinks Limited Rewa, Madhya Pradesh, India
Heg Limited Bhopal, Madhya Pradesh, India
Polycab India Limited Panch Mahals, Gujarat, India
Havells India Limited New Delhi, India
Sterlite Power Transmission Limited Pune, Maharashtra, India
R R Kabel Limited Mumbai, Maharashtra, India