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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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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 Metrics
  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.73 Cr
  • Company Age 34 Year, 11 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Sridhar Vanjarapu Additional Director 05 Jan 2021 Current
Ramesh Velivela Additional Director 22 Oct 2020 Current
Grandhi Butchi Raju Managing Director 05 Jan 2021 Current
Raveendra Sangapu Cfo 03 Aug 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 22 Oct 2020 Past
Pramod Abcsdd Director 12 Jan 2021 Past
Pramod Abcsdd Director Appointed In Casual Vacancy 08 Feb 2010 Past
Pramod Abcsdd Director 31 Jan 2016 Past
Pramod Abcsdd Director 31 Aug 2015 Past
Pramod Abcsdd Managing Director 05 May 2021 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 2308.68%
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Revenue from Operations
*******
 3089.57%
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*******
*******
Total Assets
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 6.20%
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*******
*******
Profit or Loss
*******
 -228.34%
*******
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*******
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Net Worth
*******
 -159.14%
*******
*******
*******
*******
EBITDA
*******
 -919.49%
*******
*******
*******
*******

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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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
17 May 2016 Hdfc Bank Limited ₹10.00 Cr Open
18 Nov 2015 Syndicate Bank ₹23.00 Cr Open
24 Mar 1999 Indian Renewable Energy Development Agency Limited ₹5.90 Cr Satisfied
04 Apr 1996 State Bank Of India ₹3.51 Cr Satisfied
30 Jun 1993 Andhra Bank ₹6.00 M Satisfied

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Hero Wiretex
Recent Activity within the Organization
  • Director Appointment

    Swati Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2025 & has been associated with this company since 11 months 11 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Hero Wiretex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Hero Wiretex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was documented.

  • Director Appointment

    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 5 years 1 month . was recorded as a recent event.

  • Director Appointment

    Progress on 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 5 years 1 month . was documented.

  • Director Appointment

    The activity 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 3 months . was completed.

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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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