Hero Wiretex Limited Company Logo

Hero Wiretex Limited - Company Profile

It is a manufacturing public limited company based in Srikakulam, Andhra Pradesh, India, established in 1991.

1991 | Srikakulam, Andhra Pradesh, India | Active
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About Hero Wiretex Limited

Hero Wiretex Limited, a active public limited company, was established on 11 February 1991 in Srikakulam, Andhra Pradesh, India. Engaging in cable & wire within the agriculture, forestry, fishing sector, it holds CIN: U31300AP1991PLC012315. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹14.00 Cr and a paid-up capital of ₹13.73 Cr.

Formerly known as Hero Wiretex Private Limited, Sri Vasavi Rajam Cable & Conductors Private Limited. It upholds a compliant status. Employing 1 professional, Its leadership includes Sridhar Vanjarapu (Additional Director), Ramesh Velivela (Additional Director), Grandhi Butchi Raju (Managing Director). Past directors included Raja Ratnam Abotula Naidu, Siva Sankar Seemakurti, Saraswathi Grandhi. It holds ₹33.00 Cr open charges and ₹10.61 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Anthakapally,Rajam Srikakulam Road, Srikakulam, Andhra Pradesh, 532127.

Company Details

  • CIN/LLPIN

    U31300AP1991PLC012315

  • Registration Number

    012315

  • Incorporation Date

    11 February 1991

  • Authorized Capital

    ₹14.00 Cr

  • Paid-Up Capital

    ₹13.73 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.73 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.00 Cr
  • Satisfied Charges ₹ 10.61 Cr
  • Revenue Growth 2308.68%
  • Profit Growth -228.34%
  • Ebitda -919.49%
  • Net Worth -159.14%
  • Total Assets 6.20%
Company report

Hero Wiretex Limited

Company Report FY 2025-2026

Explore comprehensive insights into Hero Wiretex Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hero Wiretex Limited?

Current Directors

NameDesignationAppointment DateStatus
Sridhar VanjarapuAdditional Director05 Jan 2021Current
Ramesh VelivelaAdditional Director22 Oct 2020Current
Grandhi Butchi RajuManaging Director05 Jan 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director22 Oct 2020Past
Pramod AbcsddDirector12 Jan 2021Past
Pramod AbcsddDirector Appointed In Casual Vacancy08 Feb 2010Past
Pramod AbcsddDirector31 Jan 2016Past
Pramod AbcsddDirector31 Aug 2015Past
Pramod AbcsddManaging Director05 May 2021Past

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Financial Performance of Hero Wiretex.

Hero Wiretex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2308.68% increase. The company also saw a substantial fall in profitability, with a 228.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 159.14%.

Hero Wiretex revenue growth over time
Hero Wiretex 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
2308.68%
Revenue from Operations
3089.57%
Total Assets
6.20%
Profit or Loss
-228.34%
Net Worth
-159.14%
EBITDA
-919.49%

What is the Ownership and Shareholding Structure of Hero Wiretex?

In 2022, Hero Wiretex had a promoter holding of 54.05% and a public holding of 45.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹330,000,000.00

Satisfied Charges

₹106,140,000.00

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 23.00 Cr
  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2016Hdfc Bank Limited₹10.00 CrOpen
18 Nov 2015Syndicate Bank₹23.00 CrOpen
24 Mar 1999Indian Renewable Energy Development Agency Limited₹5.90 CrSatisfied
04 Apr 1996State Bank Of India₹3.51 CrSatisfied
30 Jun 1993Andhra Bank₹6.00 MSatisfied

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How Many Employees Work at Hero Wiretex?

Hero Wiretex has a workforce of 1 employees as of Apr 08, 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 Hero Wiretex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hero Wiretex, 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 Hero Wiretex'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 Hero Wiretex

Recent Activity within the Organization

  • Annual General Meeting

    Hero Wiretex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Hero Wiretex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was completed.

  • Director Appointment

    Progress on Sridhar Vanjarapu was appointed as a Additional Director was appointed as a Additional Director on 05 Jan 2021 & has been associated with this company since 4 years 10 months . was documented.

  • Director Appointment

    Grandhi Butchi Raju was appointed as a Managing Director was appointed as a Managing Director on 05 Jan 2021 & has been associated with this company since 4 years 10 months . was recorded as a recent event.

  • Director Appointment

    Progress on Ramesh Velivela was appointed as a Additional Director was appointed as a Additional Director on 22 Oct 2020 & has been associated with this company since 5 years 1 month . was documented.

  • Charges

    A charge with Syndicate Bank of Rs. 23.00 Cr registered on 18 Nov 2015 with Charge ID 10615852 was modified on 16 Aug 2018. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Hero Wiretex Limited?

    The CIN of Hero Wiretex Limited is U31300AP1991PLC012315.

  • Where is Hero Wiretex Limited headquartered?

    Hero Wiretex Limited is headquartered at Anthakapally,Rajam Srikakulam Road, Srikakulam, Andhra Pradesh, 532127.

  • When was Hero Wiretex Limited incorporated?

    Hero Wiretex Limited was incorporated on 11 February 1991.

  • Who are the current directors of Hero Wiretex Limited?

    The current directors of Hero Wiretex Limited are

  • What is the primary industry of Hero Wiretex Limited?

    The primary industry of Hero Wiretex Limited is Agriculture, Forestry, Fishing.

  • Is Hero Wiretex Limited a listed company?

    Hero Wiretex Limited is unlisted.

  • What is the capital structure of Hero Wiretex Limited?

    The authorized capital of Hero Wiretex Limited is ₹14.00 Cr, and the paid-up capital is ₹13.73 Cr.

  • What is the compliance status of Hero Wiretex Limited?

    The compliance status of Hero Wiretex Limited is Compliant.

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