MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MP-17-0002333
Ratanakar Wire Private Limited - manufacturing in Dhar, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹90.87 Cr
▲ 16% YoY
Net profit · FY 2025
₹85.54 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹3.29 Cr
EBITDA margin 3.6%
Authorised capital
₹6.6 Cr
Registered with MCA
Paid-up capital
₹3.37 Cr
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹29.52 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
52
Provident fund records
About Ratanakar Wire Private Limited
Data last updated:
Ratanakar Wire Private Limited is a private limited company based in Dhar, Madhya Pradesh, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 01 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U00659MP1995PTC046239. Its GSTIN is 23AABCT0709M1ZH (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.6 Cr and a paid-up capital of ₹3.37 Cr. It was formerly known as Ratnadeep Wire Private Limited and Triveni Shinton International Limited. It is led by directors Milapchand Bachhraj Bhansali and Vimal Chunilal Sanghvi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 3, Dhar, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.87 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹85.54 Lakh (net margin 0.9%) and EBITDA of ₹3.29 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 18% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹29.52 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Ratanakar Wire Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-17-0002333). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratanakar.com.
Company details
CIN U00659MP1995PTC046239
Registration Number 046239
Incorporation Date 01 June 1995
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MP-17-0002333
Name history
Ratanakar Wire has undergone 7 name changes throughout its history. The current legal name is Ratanakar Wire Private Limited.
| Company Name | Status |
|---|---|
| Ratanakar Wire Private Limited | Current |
| Ratnadeep Wire Private Limited | Previous |
| Triveni Shinton International Limited | Previous |
| Shinton International Limited | Previous |
| Triveni Shinton International Private Limited | Previous |
| Ratnaguru Wire Private Limited | Previous |
| Raajendra Stainless Wire Private Limited | Previous |
| Bhansali Stainless Wire Private Limited | Previous |
CIN history
Ratanakar Wire has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U00659MP1995PTC046239, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00659MP1995PTC046239 | Current |
| U00659MP1995PTC009509 | Previous |
| U00659MP1995PLC009509 | Previous |
| U00659MH1995PTC222853 | Previous |
Recognitions & Rankings of Ratanakar Wire
Contact details
Ratanakar Wire Private Limited's registered office is in Dhar, Madhya Pradesh. Its website is ratanakar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 551 – Part Of 553 & 557, Part Of 558 Industrial Area Sector 3 Pithampur, Dhar, Madhya Pradesh, India – 454774
- IndustryManufacturing, Cable & Wire
To see the full contact details of Ratanakar Wire Private Limited, buy the company report.
Comprehensive company report
Ratanakar Wire 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 Ratanakar Wire 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 Ratanakar Wire Private Limited, buy the company report.
Financials of Ratanakar Wire Private Limited
FY 2025 filings availableRatanakar Wire Private Limited reported revenue of ₹90.87 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹90.87 Cr ▲ 16%
Net profit · FY 2025
₹85.54 Lakh margin 0.9%
EBITDA · FY 2025
₹3.29 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 6%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 19%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 16% growth in the latest year. EBITDA fell 24% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹85.54 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ratanakar Wire Private Limited, buy the company report.
Board of directors of Ratanakar Wire Private Limited
Ratanakar Wire has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milapchand Bachhraj Bhansali | Director | 01 Apr 2006 | 20 Years 7 Months | Current |
| Vimal Chunilal Sanghvi Also directs: Ratnaakar Venture Private Limited | Director | 09 May 2016 | 10 Years 6 Months | Current |
Peer comparison
Ratanakar Wire Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Poddar Ispat Private Limited | ₹91.27 Cr (FY 2024) | -31.0% | Kanpur, Uttar Pradesh, India | |||
| Dhyaavee TMT Bars Private Limited | ₹91.16 Cr (FY 2025) | -61.0% | Mehsana, Gujarat, India | |||
| Ratanakar Wire Private Limitedthis company | ₹90.87 Cr (FY 2025) | ₹85.54 Lakh | 0.9% | 16.0% | 52 | Dhar, Madhya Pradesh, India |
| Milestone Tubes Private Limited | ₹90.28 Cr (FY 2025) | -1.0% | Gandhinagar, Gujarat, India | |||
| Bhagyashree Steel and Alloys Private Limited | ₹90.19 Cr (FY 2024) | 6.0% | Kotdwara, Uttarakhand, India | |||
| Savitri Sponge Iron Private Limited | ₹90.12 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Ahmednagar Alloys Private Limited | ₹90.1 Cr (FY 2022) | 83.0% | Ahmednagar, Maharashtra, India |
To see the full peer comparison of Ratanakar Wire Private Limited, buy the company report.
Auditor
Ratanakar Wire Private Limited is audited by H.N. JHAVAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.N. JHAVAR & CO. | FY 2023 | 000544C |
Shareholding
The shareholding of Ratanakar Wire Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ratanakar Wire Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹29.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2017 | 100129721 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 31 Jan 2017 | 100078495 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 27 Jul 2011 | 10307788 | Canara Bank | ₹8.35 Cr | Satisfied | |
| 27 Jul 2011 | 10307795 | Canara Bank | ₹8.35 Cr | Satisfied | |
| 30 Dec 1999 | 80008964 | Dena Bank | ₹45 Lakh | Satisfied |
To see the full charge records of Ratanakar Wire Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Ratanakar Wire Private Limited has 2 court cases on record: 2 filed by Ratanakar Wire. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Bobshell Electrodes Ltd. | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against M.P.State Electricity Board & Ors. | Disposed |
To see the full case history of Ratanakar Wire 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 Ratanakar Wire Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ratanakar Wire Private Limited has a workforce of 52 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
52
Active EPFO establishments
1
Employee growth
4%
GST
Ratanakar Wire has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCT0709M1ZH | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ratanakar Wire Private Limited, buy the company report.
Recent activity
Ratanakar Wire Private Limited has 8 board changes on record since 1995: 5 appointments and 3 cessations. The latest: Mukesh Hiralal Bhansali ceased to be Director on 10 Oct 2017.
AGM
Ratanakar Wire Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ratanakar Wire Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 31 Jan 2017 with Charge ID 100078495 was modified on 04 Jul 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 08 May 2017 with Charge ID 100129721 was modified on 23 Jun 2022.
Ceased
Mukesh Hiralal Bhansali ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100129721 was registered on 08 May 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100078495 was registered on 31 Jan 2017.
Appointed
Vimal Chunilal Sanghvi was appointed as Director.
Charges
A charge registered on 27 Jul 2011 via Charge ID 10307788 with Canara Bank was fully satisfied on 15 Jan 2015.
Charges
A charge registered on 27 Jul 2011 via Charge ID 10307795 with Canara Bank was fully satisfied on 15 Jan 2015.
Ceased
Hiralal Chhogalal Bhansali ceased to be Managing Director.
Charges
A charge with Canara Bank of Rs. 8.35 Cr registered on 27 Jul 2011 with Charge ID 10307788 was modified on 17 Jan 2013.
31 earlier events are in the company report.
Frequently asked questions
Ratanakar Wire is an active private limited company based in Dhar, Madhya Pradesh, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 01 June 1995 (31+ years old) and is registered under CIN U00659MP1995PTC046239.
Ratanakar Wire has 2 current directors:
- Milapchand Bachhraj Bhansali - Director
- Vimal Chunilal Sanghvi - Director
The latest financial statements of Ratanakar Wire on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ratanakar Wire is 23AABCT0709M1ZH, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ratanakar Wire is U00659MP1995PTC046239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratanakar Wire has 2 court cases on record: 2 filed by the company.
Ratanakar Wire was incorporated on 01 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ratanakar Wire by revenue are Poddar Ispat Private Limited, Dhyaavee TMT Bars Private Limited, Milestone Tubes Private Limited, Bhagyashree Steel and Alloys Private Limited, Savitri Sponge Iron Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mukesh Hiralal Bhansali ceased to be Director on 10 Oct 2017. Vimal Chunilal Sanghvi was appointed as Director on 09 May 2016. Hiralal Chhogalal Bhansali ceased to be Managing Director on 26 Apr 2013. Ratanakar Wire has 8 board changes on record in total.
Yes, Ratanakar Wire is registered as an MSME under Udyam registration (number: UDYAM-MP-17-0002333).
Ratanakar Wire can be reached through the website ratanakar.com. Its registered office is in Dhar, Madhya Pradesh, India.
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