Bansal Wire Industries Limited

Manufacturer and exporter of various steel wires and bars, including stainless steel, low and high carbon, and galvanized wires.

1985 | North West Delhi, Delhi (India) | Active
Last Updated:

Bansal Wire Industries Profile

Key Indicators

  • Authorised Capital ₹ 90.00 Cr
  • Paid Up Capital ₹ 63.73 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,253.31 Cr
  • Satisfied Charges ₹ 1,426.81 Cr
  • Revenue Growth 9.86%
  • Profit Growth 2.98%
  • Ebitda -1.16%
  • Net Worth 26.29%
  • Total Assets 7.83%

About Bansal Wire Industries

Bansal Wire Industries Limited (BWIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 December 1985 and has a history of 39 years and three months. Its registered office is in North West Delhi, Delhi, India.

The Corporate was formerly known as Bansal Wire Industries Private Limited. The Company is engaged in the Metal & Minerals 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 90.00 Cr and a paid-up capital of Rs 63.73 Cr.

The company currently has active open charges totaling ₹1,253.31 Cr. The company has closed loans amounting to ₹1,426.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bansal Wire Industries Limited India are Ghanshyam Gujrati as Cfo, Pranav Bansal as Ceo, and Sumit Gupta as Company Secretary. Arun Gupta, Sunita Bindal, Satish Aggarwal, and Four other members serve as directors at the Company.

Company Details

  • Location

    North West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300DL1985PLC022737

  • Company No.

    022737

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metal & Minerals

What products or services does Bansal Wire Industries Limited offer?

Bansal Wire Industries Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Air Springs & Compression Springs, Furniture Springs, Cables & Wiring Components, Wiring Harness, Engineering and Shipping Ropes, Wire Ropes, Ball Bearings and Bearing Assemblies, Ball Bearings.

Company report

Bansal Wire Industries Limited

Explore comprehensive data for Bansal Wire Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bansal Wire Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Ghanshyam Gujrati CFO25-Aug-2023Current
Pranav Bansal CEO25-Aug-2023Current
Sumit Gupta Company Secretary17-Oct-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Saurabh Goel Country flag representing In Director 13-Jul-2020Current
Arun Gupta Country flag representing In Whole-Time Director 11-Dec-1985Current
Sunita Bindal Country flag representing In Director Current
Satish Aggarwal Country flag representing In Director 13-Jul-2020Current
Ritu Bansal Country flag representing In Director Current
Umesh Gupta Country flag representing In Whole-Time Director 16-Jun-2022Current

Financial Performance of Bansal Wire Industries.

Bansal Wire Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.86% increase. The company also saw a slight improvement in profitability, with a 2.98% increase in profit. The company's net worth Soared by an impressive increase of 26.29%.

Bansal Wire Industries revenue growth over time
Bansal Wire Industries 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
9.86%
Revenue from Operations
9.76%
Total Assets
7.83%
Profit or Loss
2.98%
Net Worth
26.29%
EBITDA
-1.16%

What is the Ownership and Shareholding Structure of Bansal Wire Industries?

In 2023, Bansal Wire Industries had a promoter holding of 78.60% and a public holding of 21.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,253.31 Cr

Satisfied Charges

₹1,426.81 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 579.00 Cr
  • Hdfc Bank Limited : 314.40 Cr
  • Sbicap Trustee Company Limited : 200.00 Cr
  • Canara Bank : 119.91 Cr
  • Others : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jun 2024Hdfc Bank Limited₹50.00 CrOpen
06 Dec 2023Sbicap Trustee Company Limited₹200.00 CrOpen
23 Jun 2023Canara Bank₹90.00 CrOpen
05 Aug 2022Hdfc Bank Limited₹100.00 CrOpen
30 Jun 2022Canara Bank₹6.45 MOpen

How Many Employees Work at Bansal Wire Industries?

Bansal Wire Industries has a workforce of 1170 employees as of Apr 05, 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.

Employee growth trends for Bansal Wire Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bansal Wire Industries, 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 Bansal Wire Industries'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 Bansal Wire Industries

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100945943 was registered on 18 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 155.00 Cr registered on 22 Sep 2021 with Charge ID 100488628 was modified on 28 May 2024.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 200.00 Cr registered on 06 Dec 2023 with Charge ID 100844042 was modified on 07 May 2024.

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 200.00 Cr with Charge ID 100844042 was registered on 06 Dec 2023.

  • Annual General Meeting

    Bansal Wire Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Canara Bank amounted to Rs. 90.00 Cr with Charge ID 100746440 was registered on 23 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Bansal Wire Industries Limited?

    Bansal Wire Industries Limited was incorporated on 11 Dec 1985.

  • What is authorized share capital and paid-up capital of Bansal Wire Industries Limited?

    The authorized share capital of Bansal Wire Industries Limited is ₹ 90.00 Cr and paid-up capital is ₹ 63.73 Cr.

  • Who are the current board members & directors of Bansal Wire Industries Limited?

    Currently 10 directors are associated with Bansal Wire Industries Limited.

    • Arun Gupta
    • Sunita Bindal
    • Satish Prakash Aggarwal
    • Saurabh Goel
    • Ghanshyam Das Gujrati
    • Pranav Bansal
    • Sumit Gupta
    • Ritu Bansal
    • Pranav Bansal
    • Umesh Kumar Gupta

  • What is the registered address of Bansal Wire Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bansal Wire Industries Limited is F-3, Main Road Shastri Nagar India, Delhi, 110052.

  • What is the corporate identification number (CIN) and company number of Bansal Wire Industries Limited?

    The corporate identification number (CIN) of Bansal Wire Industries Limited is U31300DL1985PLC022737 and the company number is 022737 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bansal Wire Industries Limited?

    The Official website of Bansal Wire Industries Limited is https://www.bansalwire.com

  • What has been the recent revenue trend for Bansal Wire Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bansal Wire Industries Limited has risen by 9.86%.

  • How many employees does Bansal Wire Industries Limited currently have?

    As Per 2023 financial reports, 1170 employees are currently employed by Bansal Wire Industries Limited.

  • What change has been observed in the net worth of Bansal Wire Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bansal Wire Industries Limited has experienced an upsurge of 26.29%.

  • What are the total open charges for Bansal Wire Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bansal Wire Industries Limited amount to ₹ 1,253.31 Cr.

  • When was the last Balance Sheet of Bansal Wire Industries Limited filed with the ROC?

    The most recent Balance Sheet for Bansal Wire Industries Limited was filed with the ROC on 31 Mar 2023.

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