Wirecom (India) Private Limited

Manufacturer of springs, wire forms, and sheet metal components since 1996.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Wirecom (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.93 M
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.08 Cr
  • Satisfied Charges ₹ 10.20 Cr
  • Revenue Growth 3.91%
  • Profit Growth -8.40%
  • Ebitda 2.87%
  • Net Worth 14.82%
  • Total Assets 3.04%

About Wirecom (India)

Wirecom (India) Private Limited (WIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 1996 and has a history of 28 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 4.93 M.

The company currently has active open charges totaling ₹38.08 Cr. The company has closed loans amounting to ₹10.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jyoti Shah, Pratik Shah, and Grishma Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wirecomindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28992MH1996PTC103472

  • Company No.

    103472

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Wirecom (India) Private Limited offer?

Wirecom (India) Private Limited offers a wide range of products and services, including Air Springs & Compression Springs, Industrial Springs, Extension Springs, Automobile Fittings & Components, Automotive Spare Parts, Umbrellas and Raincoats, Umbrella Parts, Sheet Metal & Turned Components, Machine Parts, Suspension Spring.

Who are the key members and board of directors at Wirecom (India)?

Executive Team (1)

Name Designation Appointment Date Status
Pratik Shah Country flag representing In Managing Director 01-Jan-2014 Current

Board Members (2)

Name Designation Appointment Date Status
Jyoti Shah Country flag representing In Director 23-Oct-1996 Current
Grishma Shah Country flag representing In Director 01-Jun-2022 Current

Financial Performance of Wirecom (India).

Wirecom (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.91% increase. The company also saw a slight decrease in profitability, with a 8.4% decrease in profit. The company's net worth Soared by an impressive increase of 14.82%.

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
3.91%
Revenue from Operations
3.95%
Total Assets
3.04%
Profit or Loss
-8.40%
Net Worth
14.82%
EBITDA
2.87%

What is the Ownership and Shareholding Structure of Wirecom (India)?

In 2023, Wirecom (India) 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

₹380.79 M

Satisfied Charges

₹101.96 M

Charges Breakdown by Lending Institutions

  • Others : 37.10 Cr
  • Bank Of Baroda : 0.97 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2022 Others ₹15.48 Cr Open
25 Oct 2022 Others ₹5.00 Cr Open
25 Oct 2022 Others ₹6.30 M Open
02 Jul 2020 Others ₹1.41 Cr Open
06 May 2020 Others ₹4.40 M Open

How Many Employees Work at Wirecom (India)?

Wirecom (India) has a workforce of 178 employees as of Apr 04, 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 Wirecom (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 Wirecom (India)'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 Wirecom (India)

Recent activity within the organization

  • Annual General Meeting

    Wirecom (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Wirecom (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 11 Jan 2022 via Charge ID 100525233 with Others was fully satisfied on 27 Dec 2023.

    27 Dec 2023

  • Charges

    A charge with Others of Rs. 154.80 M registered on 25 Oct 2022 with Charge ID 100629805 was modified on 21 Dec 2023.

    21 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100629812 was registered on 25 Oct 2022.

    25 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 6.30 M with Charge ID 100629815 was registered on 25 Oct 2022.

    25 Oct 2022

Frequently asked questions

  • Wirecom (India) Private Limited was incorporated on 23 Oct 1996.

  • The authorized share capital of Wirecom (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.93 M.

  • Currently 3 directors are associated with Wirecom (India) Private Limited.

    • Jyoti Bharat Shah
    • Pratik Bharat Shah
    • Grishma P Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wirecom (India) Private Limited is 39 Sethi Industrial Estae10 E Surn Rd Near Darpan Cinema Andheri India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Wirecom (India) Private Limited is U28992MH1996PTC103472 and the company number is 103472 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wirecom (India) Private Limited is https://www.wirecomindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wirecom (India) Private Limited has risen by 3.91%.

  • As Per 2023 financial reports, 178 employees are currently employed by Wirecom (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wirecom (India) Private Limited has experienced an upsurge of 14.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wirecom (India) Private Limited amount to ₹ 38.08 Cr.

  • The most recent Balance Sheet for Wirecom (India) Private Limited was filed with the ROC on 31 Mar 2024.

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