A.S.Wire Industries (VSP) Private Limited
About A.S.Wire Industries (VSP) Private Limited
Data last updated:
A.S.Wire Industries (VSP) Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 20 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27310AP2011PTC076631. Its GSTIN is 37AAJCA9335J1Z9 (Andhra Pradesh).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.8 Cr. It is led by directors including Gumpina Rameshguptha and Anumalisetty Jagadeesh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D.No:9 – 1 – 248 Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.78 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹86.71 Lakh (net margin -48.8%) and EBITDA of -₹2.82 Cr (EBITDA margin -158.6%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 51% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹76.69 Cr and satisfied charges of ₹14.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
A.S.Wire Industries (VSP) Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No:9 – 1 – 248 Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of A.S.Wire Industries (VSP) Private Limited, buy the company report.
- 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
Financials of A.S.Wire Industries (VSP) Private Limited
FY 2024 filings availableA.S.Wire Industries (VSP) Private Limited reported revenue of ₹1.78 Cr (down 52% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 52% fall 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.78 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹86.71 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -158.6% | ||||
| Net Profit Margin | -48.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of A.S.Wire Industries (VSP) Private Limited, buy the company report.
Board of directors of A.S.Wire Industries (VSP) Private Limited
A.S.Wire Industries (VSP) has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gumpina Rameshguptha Also directs: A.S. Jute Product Private Limited, Blackgold Profiles Private Limited, Andhra Pradesh Fibres Limited and 4 more | Director | 20 Sep 2011 | 15 Years 1 Months | Current |
| Anumalisetty Jagadeesh Also directs: Blackgold Profiles Private Limited, Andhra Pradesh Fibres Limited, Aaren Exporters Pvt Ltd and 2 more | Director | 20 Sep 2011 | 15 Years 1 Months | Current |
| Nagesh Anumalisetty Also directs: A.S. Jute Product Private Limited, Blackgold Profiles Private Limited, Andhra Pradesh Fibres Limited and 4 more | Director | 20 Sep 2011 | 15 Years 1 Months | Current |
| Mahesh Anumalisetti Also directs: A.S. Jute Product Private Limited, Blackgold Profiles Private Limited, Andhra Pradesh Fibres Limited and 5 more | Director | 20 Sep 2011 | 15 Years 1 Months | Current |
Auditor
A.S.Wire Industries (VSP) Private Limited is audited by SOMAYAJULU & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOMAYAJULU & ASSOCIATES | FY 2023 | 010629S |
Shareholding
The shareholding of A.S.Wire Industries (VSP) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of A.S.Wire Industries (VSP) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2024 | 100963284 | Others | ₹76.69 Cr | Open | |
| 23 Feb 2012 | 10339058 | Lakshmi Vilas Bank Limited | ₹14.5 Cr | Satisfied |
To see the full charge records of A.S.Wire Industries (VSP) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving A.S.Wire Industries (VSP) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
A.S.Wire Industries (VSP) Private Limited was last rated by Brickwork on 30 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Jun 2020 |
To see the full credit ratings and regulatory alerts of A.S.Wire Industries (VSP) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for A.S.Wire Industries (VSP) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
A.S.Wire Industries (VSP) Private Limited has a workforce of 18 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
A.S.Wire Industries (VSP) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCA9335J1Z9 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of A.S.Wire Industries (VSP) Private Limited, buy the company report.
Recent activity
A.S.Wire Industries (VSP) Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Ravi Kumar Anumalisetty ceased to be Director on 04 Sep 2022.
Frequently asked questions
A.S.Wire Industries (VSP) is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 20 September 2011 (15+ years old) and is registered under CIN U27310AP2011PTC076631.
A.S.Wire Industries (VSP) has 4 current directors:
- Gumpina Rameshguptha - Director
- Anumalisetty Jagadeesh - Director
- Nagesh Anumalisetty - Director
- Mahesh Anumalisetti - Director
The latest financial statements of A.S.Wire Industries (VSP) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of A.S.Wire Industries (VSP) is 37AAJCA9335J1Z9, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of A.S.Wire Industries (VSP) is U27310AP2011PTC076631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A.S.Wire Industries (VSP) was incorporated on 20 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Vijayawada.
Ravi Kumar Anumalisetty ceased to be Director on 04 Sep 2022. Raj Kumar Anumalisetty ceased to be Director on 08 Aug 2019. Anumalisetty Jagadeesh was appointed as Director on 20 Sep 2011. A.S.Wire Industries (VSP) has 6 board changes on record in total.
The registered office of A.S.Wire Industries (VSP) is at D.No:9 – 1 – 248 Cbm Compound, Visakhapatnam, Andhra Pradesh, India – 530003.
A.S.Wire Industries (VSP) operates in the machinery and equipment industry, in the industrial tools and components segment.
A.S.Wire Industries (VSP) has open charges of ₹76.69 Cr and satisfied charges of ₹14.5 Cr as per latest MCA filings.