About Magnet Wires (Pvt) Ltd.
Data last updated: 06 March 2026
Magnet Wires (Pvt) Ltd. is a private limited company based in New Delhi, Delhi, India. It specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 08 September 1999, the company has been in operation for over 27 years.
Registered with ROC Delhi under CIN U31300DL1999PTC101467.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rosy Sindhwani and Sanjay Sindhwani.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Property No A – 94 Mangolpuri Indl. Area Ph – Ii, New Delhi, Delhi, India – 110083.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.55 Cr, a growth of 21% compared to the previous year.
The company has a workforce of approximately 11 employees as per the latest available data.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnetwires.co.in.
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Registered AddressProperty No A – 94 Mangolpuri Indl. Area Ph – Ii, New Delhi, Delhi, India – 110083
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IndustryMachinery and Equipment, Industrial Tools & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Magnet Wires (Pvt) Ltd.
Magnet Wires (Pvt) Ltd. is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Magnet Wires (Pvt) Ltd.
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Magnet Wires (Pvt) Ltd.
Magnet Wires (Pvt) Ltd. is audited by PURUSHOTHAMAN BHUTANI & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PURUSHOTHAMAN BHUTANI & CO. | Locked | Locked | Locked |
Complete auditor history for Magnet Wires (Pvt) Ltd.
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Magnet Wires (Pvt) Ltd.
Magnet Wires (Pvt) Ltd. is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rosy Sindhwani | Director | 28 Oct 1999 | 26 Years 8 Months | Current |
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Sanjay Sindhwani
Also directs:
Synflex - Elektro Private Limited
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Director | 28 Oct 1999 | 26 Years 8 Months | Current |
| Akshat Sindhwani | Director | 25 Aug 2023 | 2 Years 10 Months | Current |
Financials of Magnet Wires (Pvt) Ltd. FY 2025 filings available
Magnet Wires (Pvt) Ltd. reported revenue of ₹8.55 Cr (up 21.00% YoY) for FY 2024.
Ten-year financial statements for Magnet Wires (Pvt) Ltd.
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Ownership and Shareholding of Magnet Wires (Pvt) Ltd.
Shareholding and ownership data for Magnet Wires (Pvt) Ltd.
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings Magnet Wires (Pvt) Ltd.
Magnet Wires (Pvt) Ltd. does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magnet Wires (Pvt) Ltd.
Magnet Wires (Pvt) Ltd. has a workforce of 11 employees as of Sep 25, 2025.
Employee and EPFO history for Magnet Wires (Pvt) Ltd.
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Magnet Wires (Pvt) Ltd.
GST registrations and filing compliance for Magnet Wires (Pvt) Ltd.
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Magnet Wires (Pvt) Ltd.
Credit ratings, litigation, and regulatory alerts for Magnet Wires (Pvt) Ltd.
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Magnet Wires (Pvt) Ltd.
MSME payment history for Magnet Wires (Pvt) Ltd.
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Magnet Wires (Pvt) Ltd.
Corporate group structure for Magnet Wires (Pvt) Ltd.
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- Parent company
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MCA Filings & Documents of Magnet Wires (Pvt) Ltd.
MCA filings and documents for Magnet Wires (Pvt) Ltd.
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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Recent Activity on Magnet Wires (Pvt) Ltd.
Frequently Asked Questions about Magnet Wires (Pvt) Ltd.
Magnet Wires (Pvt) Ltd. is an active private limited company in the machinery and equipment sector based in New Delhi, Delhi, India. It was incorporated on 08 September 1999 (27+ years old) and is registered under CIN U31300DL1999PTC101467. The company has 11 employees.
Magnet Wires (Pvt) Ltd. reported revenue of ₹8.55 Cr for FY 2024 (up 21.00% YoY).
The current directors of Magnet Wires (Pvt) Ltd. are:
- Rosy Sindhwani - Director
- Sanjay Sindhwani - Director
- Akshat Sindhwani - Director
The primary industry of Magnet Wires (Pvt) Ltd. is machinery and equipment. The company specifically operates in industrial tools and components. The company is currently active in this sector.
Magnet Wires (Pvt) Ltd. can be reached at the registered office: Property No A – 94 Mangolpuri Indl. Area Ph – Ii, New Delhi, Delhi, India – 110083, or through the website magnetwires.co.in.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹1 Lakh.