Maharastra Magnet Wires Private Limited Company Logo

Maharastra Magnet Wires Private Limited - Company Profile

It is a manufacturing private limited company based in Sinnar, Maharashtra, India, established in 1996.

1996 | Sinnar, Maharashtra, India | Active
Last Updated:

About Maharastra Magnet Wires Private Limited

Maharastra Magnet Wires Private Limited, a active private limited company, was established on 27 August 1996 in Sinnar, Maharashtra, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U31300MH1996PTC102180. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.19 M.

It upholds a compliant status. Employing 25 professional, Its leadership includes Sheetal Girish Rathi (Director), Girish Kumar Rathi (Director). Past directors included Nathoolal Rathi, Nand Kumar Rathi, Mohan Lal Rathi. It holds ₹5.50 Cr open charges and no settled loans. Its latest AGM occurred on 14 November 2025, with the balance sheet filed on 31 March 2025. It is based at C-153, Midc, Malegaon Sinnar, Nashik, Sinnar, Maharashtra, 422113.

Company Details

  • CIN/LLPIN

    U31300MH1996PTC102180

  • Registration Number

    102180

  • Incorporation Date

    27 August 1996

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.19 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.19 M
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.50 Cr
  • Revenue Growth 6.03%
  • Profit Growth -40.72%
  • Ebitda -143.24%
  • Net Worth 4.71%
  • Total Assets 14.11%
Company report

Maharastra Magnet Wires Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Maharastra Magnet Wires Private 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 Maharastra Magnet Wires Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sheetal Girish RathiDirector18 May 2023Current
Girish Kumar RathiDirector15 Jan 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector28 Aug 2020Past
Pramod AbcsddDirector31 Mar 2025Past
Pramod AbcsddDirector31 Mar 2025Past

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Financial Performance of Maharastra Magnet Wires.

Maharastra Magnet Wires Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.03% increase. The company also saw a substantial fall in profitability, with a 40.72% decrease in profit. The company's net worth moved up by a moderate rise of 4.71%.

Maharastra Magnet Wires revenue growth over time
Maharastra Magnet Wires 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
6.03%
Revenue from Operations
5.81%
Total Assets
14.11%
Profit or Loss
-40.72%
Net Worth
4.71%
EBITDA
-143.24%

What is the Ownership and Shareholding Structure of Maharastra Magnet Wires?

In 2023, Maharastra Magnet Wires had a promoter holding of 40.29% and a public holding of 59.71%. 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

₹55,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 5.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2013Bank Of Baroda₹5.00 CrOpen
20 Jul 1998Bank Of Baroda₹5.00 MOpen

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How Many Employees Work at Maharastra Magnet Wires?

Maharastra Magnet Wires has a workforce of 25 employees as of Apr 07, 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 Maharastra Magnet Wires Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharastra Magnet Wires, 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 Maharastra Magnet Wires'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 Maharastra Magnet Wires

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Maharastra Magnet Wires Private Limited last Annual general meeting of members was held on 14 Nov 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Maharastra Magnet Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Sheetal Girish Rathi was appointed as a Director was appointed as a Director on 18 May 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    Girish Kumar Rathi was appointed as a Director was appointed as a Director on 15 Jan 2018 & has been associated with this company since 8 years 2 days . was recorded as a recent event.

  • Charges

    The activity A charge with Bank Of Baroda amounted to Rs. 50.00 M with Charge ID 10426142 was registered on 28 Mar 2013. was completed.

  • Charges

    Progress on A charge with Bank Of Baroda of Rs. 5.00 M registered on 20 Jul 1998 with Charge ID 90156927 was modified on 22 Jul 1998. was documented.

Frequently Asked Questions

  • What is the CIN of Maharastra Magnet Wires Private Limited?

    The CIN of Maharastra Magnet Wires Private Limited is U31300MH1996PTC102180.

  • Where is Maharastra Magnet Wires Private Limited headquartered?

    Maharastra Magnet Wires Private Limited is headquartered at C-153, Midc, Malegaon Sinnar, Nashik, Sinnar, Maharashtra, 422113.

  • When was Maharastra Magnet Wires Private Limited incorporated?

    Maharastra Magnet Wires Private Limited was incorporated on 27 August 1996.

  • Who are the current directors of Maharastra Magnet Wires Private Limited?

    The current directors of Maharastra Magnet Wires Private Limited are

  • What is the primary industry of Maharastra Magnet Wires Private Limited?

    The primary industry of Maharastra Magnet Wires Private Limited is Manufacturing.

  • Is Maharastra Magnet Wires Private Limited a listed company?

    Maharastra Magnet Wires Private Limited is unlisted.

  • What is the capital structure of Maharastra Magnet Wires Private Limited?

    The authorized capital of Maharastra Magnet Wires Private Limited is ₹5.00 M, and the paid-up capital is ₹3.19 M.

  • What is the compliance status of Maharastra Magnet Wires Private Limited?

    The compliance status of Maharastra Magnet Wires Private Limited is Compliant.

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