Narang Wires Private Limited

Narang Wires Private Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U28999PB1994PTC014716 Incorporated 16 June 1994 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2022
₹11,366
▼ 100% YoY
Net loss · FY 2022
₹2.93 Lakh
Latest filing
EBITDA · FY 2022
-₹1.46 Lakh
Latest filing
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹28.57 Lakh
Issued & subscribed
Open charges
₹9.35 Cr
Satisfied ₹1.15 Cr
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings

About Narang Wires Private Limited

Data last updated:

Narang Wires Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 16 June 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28999PB1994PTC014716. Its GSTIN is 03AABCN6267A1ZX (Punjab).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.57 Lakh. It is led by directors Harvinder Pal Singh and Gurparkar Singh Narang.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 4563/1 Near Kwality Chowk Shimlapuri, Ludhiana, Punjab, India – 141001.

As per the financials filed for FY 2022, the company reported a revenue of ₹11,366, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.93 Lakh and EBITDA of -₹1.46 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 86% over five years.

As per MCA filings, the company has open charges of ₹9.35 Cr and satisfied charges of ₹1.15 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 4 cases are pending.

Narang Wires Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0028010). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U28999PB1994PTC014716
Registration Number 014716
Incorporation Date 16 June 1994
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0028010
Key People
Harvinder Pal Singh Director Gurparkar Singh Narang Director

Recognitions & Rankings of Narang Wires

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-PB-12-0028010

Contact details

Narang Wires Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    4563/1 Near Kwality Chowk Shimlapuri, Ludhiana, Punjab, India – 141001
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Narang Wires Private Limited, buy the company report.

Comprehensive company report
Narang Wires Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Narang Wires is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Narang Wires Private Limited, buy the company report.

Financials of Narang Wires Private Limited

FY 2022 filings available

Narang Wires Private Limited reported revenue of ₹11,366 (down 100% YoY) for FY 2022.

Revenue · FY 2022
₹11,366 ▼ 100%
Net loss · FY 2022
₹2.93 Lakh
EBITDA · FY 2022
-₹1.46 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 90%
5 years · compounded
▼ 86%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 54%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 86% over five years. EBITDA rose 66% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹11,366
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.46 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.93 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Narang Wires Private Limited, buy the company report.

Board of directors of Narang Wires Private Limited

Narang Wires has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harvinder Pal SinghDirector16 Jun 199432 Years 4 MonthsCurrent
Gurparkar Singh NarangDirector16 Jun 199432 Years 4 MonthsCurrent
View all directors

Auditor

Narang Wires Private Limited is audited by SUMAT GUPTA & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SUMAT GUPTA & COFY 2021010288N

Shareholding

The shareholding of Narang Wires Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Narang Wires Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.35 Cr
Satisfied charges
₹1.15 Cr
Breakdown by lending institutions
Others₹7.70 Cr
Allahabad Bank₹1.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Jul 201010227668Others₹7.7 CrOpen
12 Sep 200810128424Allahabad Bank₹1.65 CrOpen
01 Aug 200610013780State Bank of India₹1.15 CrSatisfied

To see the full charge records of Narang Wires Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Narang Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Narang Wires has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AABCN6267A1ZXPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Narang Wires Private Limited, buy the company report.

Recent activity

Narang Wires Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Paramjeet Kaur ceased to be Director on 12 May 2018.

AGM
Narang Wires Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Narang Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.
Charges
A charge with Others of Rs. 770.32 Lakh registered on 02 Jul 2010 with Charge ID 10227668 was modified on 30 Mar 2019.
Ceased
Paramjeet Kaur ceased to be Director.
Charges
A charge with Others amounted to Rs. 770.32 Lakh with Charge ID 10227668 was registered on 02 Jul 2010.
Charges
A charge registered on 01 Aug 2006 via Charge ID 10013780 with State Bank Of India was fully satisfied on 03 Feb 2009.
Charges
A charge with Allahabad Bank amounted to Rs. 165.00 Lakh with Charge ID 10128424 was registered on 12 Sep 2008.
Charges
A charge with State Bank Of India of Rs. 115.00 Lakh registered on 01 Aug 2006 with Charge ID 10013780 was modified on 14 Sep 2007.
Charges
A charge with State Bank Of India amounted to Rs. 115.00 Lakh with Charge ID 10013780 was registered on 01 Aug 2006.
Appointed
Gurparkar Singh Narang was appointed as Director.
Appointed
Harvinder Pal Singh was appointed as Director.
Incorporation
16 Jun 1994
Narang Wires Private Limited was registered on 16 Jun 1994 with Roc Chandigarh & aged 32 years 4 months as per MCA records.

Frequently asked questions

Narang Wires is an active private limited company based in Ludhiana, Punjab, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 16 June 1994 (32+ years old) and is registered under CIN U28999PB1994PTC014716.

Narang Wires has 2 current directors:

The latest financial statements of Narang Wires on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Narang Wires is 03AABCN6267A1ZX, registered in Punjab.

The CIN (Corporate Identification Number) of Narang Wires is U28999PB1994PTC014716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Narang Wires has 13 court cases on record: 4 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.

Narang Wires was incorporated on 16 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.

Paramjeet Kaur ceased to be Director on 12 May 2018. Gurparkar Singh Narang was appointed as Director on 16 Jun 1994. Harvinder Pal Singh was appointed as Director on 16 Jun 1994.

Yes, Narang Wires is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0028010).

The registered office of Narang Wires is at 45631 Near Kwality Chowk Shimlapuri, Ludhiana, Punjab, India – 141001.