Vora Wires Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.60 Cr
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.56 Cr
- Satisfied Charges ₹ 20.61 Cr
- Revenue Growth -27.86%
- Profit Growth -128.16%
- Ebitda -54.90%
- Net Worth -4.75%
- Total Assets -5.90%
About Vora Wires Industries (India)
Vora Wires Industries (India) Limited (VWIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 October 1996 and has a history of 28 years and three months. Its registered office is in Indore, Madhya Pradesh, India.
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 2.60 Cr.
The company currently has active open charges totaling ₹6.56 Cr. The company has closed loans amounting to ₹20.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Archana Kanthed, Darshna Jain, Nilesh Kanthed, and Two other members serve as directors at the Company.
Company Details
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Location
Indore, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27106MP1996PLC011326
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Company No.
011326
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
15 Oct 1996
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Date of AGM
28 Nov 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
What products or services does Vora Wires Industries (India) Limited offer?
Vora Wires Industries (India) Limited offers a wide range of products and services, including Air Springs & Compression Springs, Wire Springs, Metal and Alloy Wires, Steel Wire, Mild Steel Wires, High Carbon Steel Wire.
Who are the key members and board of directors at Vora Wires Industries (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Archana Kanthed
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Managing Director | 21-May-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Darshna Jain
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Whole-Time Director | 24-Dec-2011 | Current |
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Nilesh Kanthed
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Director | 18-May-2022 | Current |
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Urmila Vora
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Director | 14-Mar-2023 | Current |
| Jitendra Singoria | Additional Director | 05-Mar-2024 | Current |
Financial Performance of Vora Wires Industries (India).
Vora Wires Industries (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.86% decrease. The company also saw a substantial fall in profitability, with a 128.16% decrease in profit. The company's net worth dipped by a decrease of 4.75%.
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What is the Ownership and Shareholding Structure of Vora Wires Industries (India)?
In 2023, Vora Wires Industries (India) had a promoter holding of 93.61% and a public holding of 6.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹6.56 Cr
₹20.61 Cr
Charges Breakdown by Lending Institutions
- Others : 6.00 Cr
- State Bank Of India : 0.45 Cr
- Kotak Mahindra Bank Limited : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2019 | Others | ₹6.00 Cr | Open |
| 15 Jun 2015 | Kotak Mahindra Bank Limited | ₹1.05 M | Open |
| 20 May 2015 | State Bank Of India | ₹4.50 M | Open |
| 27 Oct 2016 | Others | ₹6.30 M | Satisfied |
| 28 Apr 2015 | Capita First Limited | ₹1.15 Cr | Satisfied |
How Many Employees Work at Vora Wires Industries (India)?
Vora Wires Industries (India) has a workforce of 66 employees as of Apr 06, 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 Vora Wires Industries (India), 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 Vora Wires Industries (India)'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.
