Venus Wires

India Founded: 1965 • Age: 61 yrs
Manufacturing of stainless steel wires and bars in India.

About Venus Wires

Venus Wires is an Industrial Goods & Manufacturing company based in India founded in 1965. Manufacturing of stainless steel wires and bars in India. The company has 199 employees. Its Indian entity Venus Wire Industries Private Limited. reported revenue of β‚Ή746 Cr. Venus Wires offers products and services including Stainless Steel Wires and Stainless Steel Bars. Its focus areas include Manufacturing, Industrial Supplies, Alloys and Components and Welding Wires.

Company details

Stainless steel wires and bars have been manufactured by Venus Wires since 1990, with origins dating back to 1965 as a trading company. The company is recognized for producing a wide range of products that serve industries like automotive, oil and gas, nuclear, and medical, emphasizing quality and certifications. Facilities are strategically placed in Khopoli and Mumbai, India, where materials are tailored to meet stringent technical requirements. Sustainability and customer-focused supply options are integrated into operations, ensuring reliability in harsh environments.

  • Headquarters India
  • Employees 199
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Social LinkedIn Instagram
  • Legal Name Venus Wire Industries Pvt. Ltd
  • Date of Incorporation 15 Mar, 1990
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹746 Cr

    FY 2024 · -17% YoY

  • Net Profit
    ₹47.22 Cr

    FY 2024 · 6% margin

  • EBITDA
    ₹72.48 Cr

    FY 2024 · 10% margin

  • Employee Count
    199

Products & Services of Venus Wires

Venus Wires offers a comprehensive portfolio of products and services, including Stainless Steel Wires and Stainless Steel Bars.

Stainless Steel Wires
Manufacturing Products

Wires are produced for applications involving bending, forming, and welding, with sizes ranging from 0.10 mm to 22 mm in various grades

Stainless Steel Bars
Manufacturing Products

Bars are manufactured in forms like round, hexagonal, and square, used in sectors such as automotive and oil and gas for their durability

Board of directors of Venus Wire Industries Private Limited. (Venus Wires)

Venus Wire Industries Private Limited. is the primary company behind Venus Wires. The board of Venus Wire Industries Private Limited. currently have 7 directors; the longest-serving is Ghevarchand Sanghvi Raghunathmalji, appointed in 1990. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ghevarchand Sanghvi Raghunathmalji
DIN 01597211
Director15 Mar 199036 yrs 7 moVenus Wire Industries Private Limited.
Ghaverchand Parasmal Bohra
DIN 01491771
Director15 Mar 199036 yrs 7 moVenus Wire Industries Private Limited.
Motilal Parasmal Bohra
DIN 01601492
Director15 Mar 199036 yrs 7 moVenus Wire Industries Private Limited.
Babulal Parasmal Bohra
DIN 01453687
Director15 Mar 199036 yrs 7 moVenus Wire Industries Private Limited.
Hitesh Babulal Bohra
DIN 01596934
Director10 Dec 200520 yrs 10 moVenus Wire Industries Private Limited.
Sadashiv Shetty
DIN 08660471
Director07 Jan 20206 yrs 9 moVenus Wire Industries Private Limited.
Haresh Babulal Bohra
DIN 09572018
Director08 May 20233 yrs 5 moVenus Wire Industries Private Limited.

People of Venus Wires

16 people are tracked at Venus Wires (7 in leadership, 9 in team); the tracked headcount is 199.

NameRoleGroup
Swati Deshmukh
Deputy General Manager Of Sales And MarketingLeadership
Founder & DirectorLeadership
Ritesh Ambekar
Chief Technology OfficerLeadership
Yuvaraj Deshmukh
Vice PresidentLeadership
Saurabh Jain
Chief Operating OfficerLeadership
Shekhar Chandra
Head- Freight LogisticsLeadership
James Scott
Associate Vice PresidentLeadership
Sonu Singh
DispatcherTeam
Punam Shedge
Export Sales Marketing ManagerTeam
Shubham Sanghvi
MarketingTeam
Sumit Thakur
Executive AssistantTeam
Vijay Gawle
Sr.marketing ManagerTeam
Hardik Parekh
International Exports SalesTeam
Aniket Deshmukh
Senior Manager Export Sales & MarketingTeam
Amol Gawade
DGM International SalesTeam
Pritam Shinde Jadhav
Manager - Export Sales & MarketingTeam
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Financials of Venus Wires

Figures of Venus Wire Industries Private Limited., the primary company behind Venus Wires, for FY 2024. Revenue was ₹746 Cr (-17% year on year). Net profit was ₹47.22 Cr (6% margin). EBITDA was ₹72.48 Cr (10% margin). Revenue has grown at a compounded annual rate of +102% over three years and +54% over five years.

  • ₹746 CrRevenue · FY 2024 · -17% YoY
  • ₹47.22 CrNet profit · 6% margin
  • ₹72.48 CrEBITDA · 10% margin
  • ₹59 LakhPaid-up capital
  • 199Employees (provident fund records)
  • +102%Revenue CAGR, 3 years
  • +54%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Venus Wire Industries Private Limited. are on its company page.

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Detailed financial statements for Venus Wires

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

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Web traffic of Venus Wires

Websites that share an audience with Venus Wires (venuswires.com).

Similar websites

Websites whose visitors overlap most with Venus Wires. Affinity shows how closely the audiences match.

Top companies in Metals & Minerals

3 companies that operate in the same segment as Venus Wires (Metals & Minerals) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of pipes, plates & coils, and home textile products
1985Mumbai, Maharashtra, IndiaUSD 544.74 M6,934
Chemical and casting products are manufactured, with shipping operations managed.
1962Chennai, Tamil Nadu, IndiaUSD 576.61 MUSD 1.43 B180
Diversified operations span automotive, agriculture, and financial services.
1945Mumbai, Maharashtra, IndiaUSD 45.15 MUSD 20.78 B78,760
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Frequently Asked Questions about Venus Wires

Venus Wires was founded in 1965.

Venus Wires is headquartered in India.

Venus Wires has 199 employees.

The primary company behind Venus Wires, Venus Wire Industries Private Limited., reported revenue of β‚Ή746 Cr for FY 2024, down 17% year on year.

Stainless steel wires and bars have been manufactured by Venus Wires since 1990, with origins dating back to 1965 as a trading company. The company is recognized for producing a wide range of products that serve industries like automotive, oil and gas, nuclear, and medical, emphasizing quality and certifications. Facilities are strategically placed in Khopoli and Mumbai, India, where materials are tailored to meet stringent technical requirements. Sustainability and customer-focused supply options are integrated into operations, ensuring reliability in harsh environments.

Venus Wires offers Stainless Steel Wires and Stainless Steel Bars.

Venus Wires operates through Venus Wire Industries Private Limited..

The legal entities of Venus Wires currently have 7 directors, including Hitesh Babulal Bohra, Ghevarchand Sanghvi Raghunathmalji, Haresh Babulal Bohra and others.

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