About Aradhya Wire and Ropes Private Limited
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Aradhya Wire and Ropes Private Limited is a private limited company based in Davanagere, Karnataka, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 05 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31300KA1996PTC019558. Its GSTIN is 29AABCR3355F1ZE (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.4 Cr. It was formerly known as Ra Wire Products Private Limited and Ra Wire Products P Ltd. It is led by directors Aradhya Avinash and Rajashekar Sangappa Virappannavar.
Its last annual general meeting (AGM) was held on 28 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Aradhya House Door No.385 2nd Cross 1st Main K.B. Extension, Davanagere, Karnataka, India – 577002.
As per the financials filed for FY 2019, the company reported a revenue of ₹280.29 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹32.06 Cr (net margin -11.4%) and EBITDA of -₹28.67 Cr (EBITDA margin -10.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹30.25 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company. The company has 3 deals on record (2 acquisitions, 1 secondary share transfer); the latest was in May 2016. Its 7 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Bmi Cables Private Limited with revenue of ₹286.33 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website aradhyagroup.com.
Company details
Name history
Aradhya Wire and Ropes has undergone 3 name changes throughout its history. The company was previously known as Ra Wire Products Private Limited, Ra Wire Products P Ltd, and Aradhya Wire Ropes Private Limited. The current legal name is Aradhya Wire And Ropes Private Limited.
| Company Name | Status |
|---|---|
| Aradhya Wire and Ropes Private Limited | Current |
| Ra Wire Products Private Limited | Previous |
| Ra Wire Products P Ltd | Previous |
| Aradhya Wire Ropes Private Limited | Previous |
Contact details
Aradhya Wire and Ropes Private Limited's registered office is in Davanagere, Karnataka.
- Registered AddressAradhya House Door No.385 2nd Cross 1st Main K.B. Extension, Davanagere, Karnataka, India – 577002
- IndustryManufacturing, Cable & Wire
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Aradhya Wire and Ropes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Aradhya Wire and Ropes Private Limited, buy the company report.
Financials of Aradhya Wire and Ropes Private Limited
FY 2019 filings availableAradhya Wire and Ropes Private Limited reported revenue of ₹280.29 Cr (up 37% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 37% growth in the latest year. EBITDA fell 861% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹28.67 Cr | ||||
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| Net Profit (PAT) | -₹32.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -10.2% | ||||
| Net Profit Margin | -11.4% | ||||
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To see the full financial statements and ratios of Aradhya Wire and Ropes Private Limited, buy the company report.
Board of directors of Aradhya Wire and Ropes Private Limited
Aradhya Wire and Ropes has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aradhya Avinash Also directs: Aston Estates LLP | Director | 18 Sep 2000 | 26 Years 1 Months | Current |
| Rajashekar Sangappa Virappannavar | Additional Director | 10 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Aradhya Wire and Ropes Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bmi Cables Private Limited | ₹286.33 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Deora Wires N Machines Private Limited | ₹285.79 Cr (FY 2025) | 45.0% | Ahmedabad, Gujarat, India | |||
| Angn Metal Private Limited | ₹284.73 Cr (FY 2025) | 59.0% | Delhi, India | |||
| Aradhya Wire and Ropes Private Limitedthis company | ₹280.29 Cr (FY 2019) | -₹32.06 Cr | -11.4% | 37.0% | Davanagere, Karnataka, India | |
| Pci Cables Industries Private Limited | ₹277.81 Cr (FY 2025) | 68.0% | Dankuni, West Bengal, India | |||
| Lightomatic Electrical Private Limited | ₹276.2 Cr (FY 2025) | 171.0% | Kolkata, West Bengal, India | |||
| Dehra Metal Tech Private Limited | ₹274.63 Cr (FY 2025) | 34.0% | Delhi, India | |||
| Excel Controlinkage Private Limited | ₹272.24 Cr (FY 2025) | 2.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Aradhya Wire and Ropes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2016 | 100068794 | Others | ₹25 Cr | Open | |
| 23 Sep 2013 | 10476433 | Others | ₹24.35 Cr | Satisfied | |
| 04 Jan 2010 | 10198354 | Indian Bank | ₹1.5 Cr | Satisfied | |
| 25 Mar 2006 | 10102504 | Bapuji Co-Operative Bank Limited | ₹3.5 Cr | Satisfied | |
| 27 Jan 2005 | 80067116 | Bapuji Co-Op Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Aradhya Wire and Ropes Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Aradhya Wire and Ropes Private Limited has 3 deals on record (2 acquisitions, 1 secondary share transfer); the latest was in May 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Acquisition | ₹8 Cr | Buyer: an individual |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2014 | Acquisition | ₹2.69 Cr | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aradhya Wire and Ropes Private Limited has 7 court cases on record: 7 filed by Aradhya Wire and Ropes. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| NCLT | 3 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Insolvency matter | Filed by the company against M/S South Indian Bank Limited | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed by the company against M/S South Indian Bank Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed by the company | Disposed |
| District court, DAVANGERE, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Aradhya Wire and Ropes Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Aradhya Wire and Ropes Private Limited was last rated by Icra on 29 Mar 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Mar 2018 |
To see the full credit ratings and regulatory alerts of Aradhya Wire and Ropes Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aradhya Wire and Ropes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aradhya Wire and Ropes has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR3355F1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aradhya Wire and Ropes Private Limited, buy the company report.
Recent activity
Aradhya Wire and Ropes Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Iynahalli Puttappa Mallokaradhya ceased to be Director on 11 May 2019.
7 earlier events are in the company report.
Frequently asked questions
Aradhya Wire and Ropes is an active private limited company based in Davanagere, Karnataka, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 05 January 1996 (30+ years old) and is registered under CIN U31300KA1996PTC019558.
Aradhya Wire and Ropes has 2 current directors:
- Aradhya Avinash - Director
- Rajashekar Sangappa Virappannavar - Additional Director
The latest financial statements of Aradhya Wire and Ropes on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 August 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Aradhya Wire and Ropes is 29AABCR3355F1ZE, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aradhya Wire and Ropes is U31300KA1996PTC019558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aradhya Wire and Ropes has 7 court cases on record: 7 filed by the company. Most are in the district courts.
Aradhya Wire and Ropes was incorporated on 05 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Aradhya Wire and Ropes has 3 deals on record (2 acquisitions, 1 secondary share transfer); the latest was in May 2016.
The peers of Aradhya Wire and Ropes by revenue are Bmi Cables Private Limited, Deora Wires N Machines Private Limited, Angn Metal Private Limited, Pci Cables Industries Private Limited, Lightomatic Electrical Private Limited and 2 more, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).
Iynahalli Puttappa Mallokaradhya ceased to be Director on 11 May 2019. Rajashekar Sangappa Virappannavar was appointed as Additional Director on 10 May 2019. Aradhya Avinash was appointed as Director on 18 Sep 2000.
Aradhya Wire and Ropes can be reached through the website aradhyagroup.com. Its registered office is in Davanagere, Karnataka, India.