Rajat Wires Private Limited
About Rajat Wires Private Limited
Data last updated:
Rajat Wires Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 21 June 1990.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1990PTC040591. Its GSTIN is 33AAACR0201M2ZV (Tamil Nadu). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.6 Cr. It is led by directors Kulbhushan Sachdev and Rohit Sachdev.
Its last annual general meeting (AGM) was held on 03 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 31/6 New Rohtak Road, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2018, the company reported a revenue of ₹18.63 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹9.64 Cr (net margin -51.8%) and EBITDA of -₹2.24 Cr (EBITDA margin -12%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60.95 Cr and satisfied charges of ₹15.58 Cr on record. Court records list 53 cases involving the company, including 17 filed by the company and 36 filed against it; 27 cases are pending.
Company details
Contact details
Rajat Wires Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address31/6 New Rohtak Road, New Delhi, Delhi, India – 110005
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Rajat Wires Private Limited, buy the company report.
- 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
Business activity
The main business activity of Rajat Wires is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Rajat Wires Private Limited, buy the company report.
Financials of Rajat Wires Private Limited
FY 2018 filings availableRajat Wires Private Limited reported revenue of ₹18.63 Cr (down 38% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 38% fall in the latest year. EBITDA rose 39% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹18.63 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.24 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹9.64 Cr | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -12% | |||
| Net Profit Margin | -51.8% | |||
| 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 Rajat Wires Private Limited, buy the company report.
Board of directors of Rajat Wires Private Limited
Rajat Wires has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulbhushan Sachdev | Director | 21 Jun 1990 | 36 Years 4 Months | As last reported |
| Rohit Sachdev | Director | 01 Feb 2007 | 19 Years 9 Months | As last reported |
Peer comparison
Rajat Wires Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kundan Castings Private Limited | ₹18.75 Cr (FY 2025) | -76.0% | Uttar Pradesh, India | |||
| Manly Silicon Steel Private Limited | ₹18.7 Cr (FY 2024) | -6.0% | Bangalore, Karnataka, India | |||
| Rajat Wires Private Limitedthis company | ₹18.63 Cr (FY 2018) | -₹9.64 Cr | -51.8% | -38.0% | 28 | New Delhi, Delhi, India |
| Apex Steel & Technology (India) Private Limited | ₹18.61 Cr (FY 2025) | 183.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Rite Steel Industries Private Limited | ₹18.59 Cr (FY 2023) | -35.0% | Chengai District, Tamil Nadu, India |
To see the full peer comparison of Rajat Wires Private Limited, buy the company report.
Auditor
Rajat Wires Private Limited is audited by ALOK KUMAR GUPTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALOK KUMAR GUPTA & CO | FY 2018 | 004251N |
Shareholding
The shareholding of Rajat Wires Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rajat Wires Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2010 | 10244986 | Canara Bank | ₹1.4 Cr | Open | |
| 08 Jan 2008 | 10090552 | Kotak Mahindra Bank Limited | ₹8.5 Lakh | Open | |
| 28 Jun 2005 | 90044794 | Others | ₹32.06 Cr | Open | |
| 27 Aug 2003 | 80000955 | Canara Bank | ₹27.4 Cr | Open | |
| 07 Oct 2010 | 10247265 | Canara Bank | ₹5.6 Lakh | Satisfied |
To see the full charge records of Rajat Wires Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Rajat Wires Private Limited has 53 court cases on record: 17 filed by Rajat Wires, 36 filed against it. 27 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 36 | 27 |
| High courts | 14 | 0 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by Amos Universal Trading Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Usha Martin Limited | Pending |
| District court, Alwar, Rajasthan | Civil suit | Filed against the company by Accurate Freight Carriers Pvt Ltd. | Pending |
| District court, KHAIRTAL TIJARA, Rajasthan | Civil suit | Filed against the company by Accurate Freight Carriers Pvt Ltd. | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by Mukand Sumi Special Steel Ltd | Disposed |
To see the full case history of Rajat Wires Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rajat Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajat Wires Private Limited has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Rajat Wires has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACR0201M2ZV | Tamil Nadu | Active | 01 Jul 2017 |
| 06AAACR0201M2ZS | Haryana | Active | 21 Jul 2020 |
To see the full GST registrations and return filing status of Rajat Wires Private Limited, buy the company report.
Recent activity
Rajat Wires Private Limited has 3 board changes on record since 1990: 2 appointments and 1 cessation. The latest: Naresh Kumar ceased to be Director on 25 Apr 2017.
27 earlier events are in the company report.
Frequently asked questions
Rajat Wires is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Rajat Wires is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 21 June 1990 and is registered under CIN U74899DL1990PTC040591. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rajat Wires has 2 current directors:
- Kulbhushan Sachdev - Director
- Rohit Sachdev - Director
The latest financial statements of Rajat Wires on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 03 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rajat Wires is U74899DL1990PTC040591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajat Wires has open charges of ₹60.95 Cr and satisfied charges of ₹15.58 Cr as per latest MCA filings.
Rajat Wires has 53 court cases on record: 17 filed by the company and 36 filed against it. 27 are pending. Most are in the district courts.
Rajat Wires was incorporated on 21 June 1990. It is registered with the Registrar of Companies, Delhi.
The peers of Rajat Wires by revenue are Kundan Castings Private Limited, Manly Silicon Steel Private Limited, Apex Steel & Technology (India) Private Limited, Rite Steel Industries Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Naresh Kumar ceased to be Director on 25 Apr 2017. Rohit Sachdev was appointed as Director on 01 Feb 2007. Kulbhushan Sachdev was appointed as Director on 21 Jun 1990.
The registered office of Rajat Wires is at 316 New Rohtak Road, New Delhi, Delhi, India – 110005.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
