Magnet Wires (Pvt) Ltd. - Company Profile

It is a machinery and equipment private limited company based in New Delhi, Delhi, India, established in 1999.
1999 New Delhi, Delhi, India Active
Last Updated:
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About Magnet Wires (Pvt) Ltd.

Magnet Wires (Pvt) Ltd., a active private limited company, was established on 08 September 1999 in New Delhi, Delhi, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U31300DL1999PTC101467. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Akshat Sindhwani (Director), Sanjay Sindhwani (Director), Rosy Sindhwani (Director). Past directors included Akshat Sindhwani. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Property No A-94 Mangolpuri Indl. Area Ph-Ii, New Delhi, Delhi, 110083.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U31300DL1999PTC101467

  • Registration Number

    101467

  • Incorporation Date

    08 September 1999

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 41.71%
  • Profit Growth **** 35.72%
  • Ebitda **** 7.85%
  • Net Worth 34.47%
  • Total Assets **** 16.45%
Company report

Magnet Wires (Pvt) Ltd.

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnet Wires (Pvt) Ltd. — 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 Magnet Wires (Pvt) Ltd.?
Current Directors
Name Designation Appointment Date Status
Akshat Sindhwani Director 25 Aug 2023 Current
Sanjay Sindhwani Director 28 Oct 1999 Current
Rosy Sindhwani Director 28 Oct 1999 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Magnet Wires (Pvt).

Magnet Wires (Pvt) Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 41.71% increase. The company also saw a substantial improvement in profitability, with a 35.72% increase in profit. The company's net worth Soared by an impressive increase of 34.47%.

Magnet Wires (Pvt) revenue growth over time
Magnet Wires (Pvt) 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
********
 41.71%
*******
*******
*******
*******
Revenue from Operations
*******
 42.04%
*******
*******
*******
*******
Total Assets
*******
 16.45%
*******
*******
*******
*******
Profit or Loss
*******
 35.72%
*******
*******
*******
*******
Net Worth
*******
 34.47%
*******
*******
*******
*******
EBITDA
*******
 7.85%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnet Wires (Pvt)?

In 2023, Magnet Wires (Pvt) had a promoter holding of 100.00%. 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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How Many Employees Work at Magnet Wires (Pvt)?

Magnet Wires (Pvt) has a workforce of 11 employees as of Mar 23, 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 Magnet Wires (Pvt), 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 Magnet Wires (Pvt)'s trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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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 Magnet Wires (Pvt)
Recent Activity within the Organization
  • Annual General Meeting

    Magnet Wires (Pvt) Ltd. 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

    Magnet Wires (Pvt) Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.

  • Director Appointment

    The activity Akshat Sindhwani was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 2 years 5 months . was completed.

  • Director Appointment

    Progress on Sanjay Sindhwani was appointed as a Director was appointed as a Director on 28 Oct 1999 & has been associated with this company since 26 years 3 months . was documented.

  • Director Appointment

    The activity Rosy Sindhwani was appointed as a Director was appointed as a Director on 28 Oct 1999 & has been associated with this company since 26 years 3 months . was completed.

  • Company Incorporation

    The activity Magnet Wires (Pvt) Ltd. was registered on 08 Sep 1999 with Roc Delhi & aged 26 years 5 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Magnet Wires (Pvt) Ltd.?

The CIN of Magnet Wires (Pvt) Ltd. is U31300DL1999PTC101467.

Where is Magnet Wires (Pvt) Ltd. headquartered?

Magnet Wires (Pvt) Ltd. is headquartered at Property No A-94 Mangolpuri Indl. Area Ph-Ii, New Delhi, Delhi, 110083.

When was Magnet Wires (Pvt) Ltd. incorporated?

Magnet Wires (Pvt) Ltd. was incorporated on 08 September 1999.

Who are the current directors of Magnet Wires (Pvt) Ltd.?

The current directors of Magnet Wires (Pvt) Ltd. are

What is the primary industry of Magnet Wires (Pvt) Ltd.?

The primary industry of Magnet Wires (Pvt) Ltd. is Manufacturing.

Is Magnet Wires (Pvt) Ltd. a listed company?

Magnet Wires (Pvt) Ltd. is unlisted.

What is the capital structure of Magnet Wires (Pvt) Ltd.?

The authorized capital of Magnet Wires (Pvt) Ltd. is ₹1.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Magnet Wires (Pvt) Ltd.?

The compliance status of Magnet Wires (Pvt) Ltd. is Compliant.

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