Technology Diamond Wire Private Limited
About Technology Diamond Wire Private Limited
Data last updated:
Technology Diamond Wire Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the metalworking segment of the metals and mining sector. It was incorporated on 09 May 2005.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U02720KA2005PTC036264. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹33.99 Lakh. It was led by directors Radhakrishnan Varadarajan and Varadarajan Shanmuga Priya.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No. 106 Rhythm Block H M Tambourine J. P. Nagar 6th Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.17 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹5,508 (net margin -2.5%) and EBITDA of -₹3,549 (EBITDA margin -1.6%). Revenue has declined at a compounded annual rate (CAGR) of 37% over five years.
As per MCA filings, the company had satisfied charges of ₹1.11 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo. 106 Rhythm Block H M Tambourine J. P. Nagar 6th Phase, Bangalore, Karnataka, India – 560078
- IndustryMetal & Minerals, Metalworking
- 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
- One PDF report, delivered after checkout
Financials of Technology Diamond Wire Private Limited FY 2020 filings available
Technology Diamond Wire Private Limited reported revenue of ₹2.17 Lakh (down 60% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Technology Diamond Wire Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 60% fall in the latest year. EBITDA fell 271% 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 of Technology Diamond Wire Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3,549 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5,508 | •••• | •••• | •••• | •••• |
| 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 of Technology Diamond Wire Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Technology Diamond Wire are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Technology Diamond Wire Private Limited
Technology Diamond Wire has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhakrishnan Varadarajan Also directs: Technology Diamond Tools India Private Limited | Director | 09 May 2005 | 21 Years 5 Months | As last reported |
| Varadarajan Shanmuga Priya Also directs: Technology Diamond Tools India Private Limited | Director | 16 Nov 2009 | 16 Years 11 Months | As last reported |
Auditor Details of Technology Diamond Wire Private Limited
Technology Diamond Wire Private Limited is audited by K MALLAPPA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K MALLAPPA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Technology Diamond Wire Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Technology Diamond Wire Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2006 | Indian Overseas Bank | ₹1.11 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Technology Diamond Wire Private Limited
Technology Diamond Wire Private Limited has 1 court case on record: 1 filed by Technology Diamond Wire. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against M/S Aankit Granites Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Technology Diamond Wire Private Limited
Employment history and EPFO contributions of people linked to Technology Diamond Wire.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Technology Diamond Wire Private Limited
Technology Diamond Wire Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Madhavan Chandrasekaran ceased to be Director on 30 Nov 2009.
Credit Ratings, Litigation & Regulatory Alerts for Technology Diamond Wire Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Technology Diamond Wire Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Technology Diamond Wire Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Technology Diamond Wire Private Limited
Technology Diamond Wire has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Technology Diamond Wire Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Technology Diamond Wire Private Limited
Technology Diamond Wire has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Technology Diamond Wire was a private limited company based in Bangalore, Karnataka, India. The company worked in metalworking, within the metal and minerals industry. It was incorporated on 09 May 2005 and is registered under CIN U02720KA2005PTC036264. The company has been struck off by the Registrar of Companies and is no longer operational.
Technology Diamond Wire had 2 directors:
- Radhakrishnan Varadarajan - Director
- Varadarajan Shanmuga Priya - Director
The CIN (Corporate Identification Number) of Technology Diamond Wire is U02720KA2005PTC036264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Technology Diamond Wire is at No. 106 Rhythm Block H M Tambourine J. P. Nagar 6th Phase, Bangalore, Karnataka, India – 560078.
Technology Diamond Wire was incorporated on 09 May 2005. It is registered with the Registrar of Companies, Bangalore.
Technology Diamond Wire reported revenue of ₹2.17 Lakh for FY 2020 (down 60% YoY).
Technology Diamond Wire has an authorised share capital of ₹1 Cr and a paid-up capital of ₹33.99 Lakh.
Technology Diamond Wire reported a net loss of ₹5,508 (net margin -2.5%) and EBITDA of -₹3,549 (EBITDA margin -1.6%) for FY 2020, as per its filed financial statements.
No. Technology Diamond Wire has 2 GST registrations on record and all of them are cancelled or inactive.