Salzer Magnet Wires Limited, a active public limited company, was established on 08 September 2008 in Coimbatore, Tamil Nadu, India. Engaging in cable & wire within the trade sector, it holds CIN: U31300TZ2008PLC014746. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹13.40 Cr.
It upholds a compliant status. Employing 23 professional, Its leadership includes Dasappan Govindaraj (Whole-Time Director), Venkatapathy (Director), Narayanaswamy Jayabal (Director). Past directors included Kuppandapalayam Manickam Murugesan, Venkatapathy, Narayanaswamy Jayabal. It holds no open charges and ₹41.30 Cr settled loans. Its latest AGM occurred on 28 September 2019, with the balance sheet filed on 31 March 2019. It is based at 882/3, Coimbatore Main Road Bettathapuram, Coimbatore, Tamil Nadu, 641104.
U31300TZ2008PLC014746
014746
08 September 2008
₹20.00 Cr
₹13.40 Cr
Roc Coimbatore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dasappan Govindaraj | Whole-Time Director | 01 Mar 2019 | Current |
| Venkatapathy | Director | 24 Mar 2015 | Current |
| Narayanaswamy Jayabal | Director | 24 Mar 2015 | Current |
| Rajeshkumar Doraiswamy | Director | 08 Sep 2008 | Current |
| Doraiswamy Rangaswamy | Director | 08 Sep 2008 | Current |
| Perumalreddiar Ramachandran | Director | 03 Sep 2016 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Nodal Officer | 28 Jun 2022 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
| Pramod Abcsdd | Director | 30 Apr 2016 | Past |
| Pramod Abcsdd | Director | 01 Apr 2015 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
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Salzer Magnet Wires Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 97.84% decrease. The company also saw a substantial fall in profitability, with a 93.14% decrease in profit. The company's net worth dipped by a decrease of 1.22%.
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In 2019, Salzer Magnet Wires had a promoter holding of 33.53% and a public holding of 66.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹413,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2017 | Axis Bank Limited | ₹23.00 Cr | Satisfied |
| 15 Jun 2009 | Bank Of India Limited | ₹18.30 Cr | Satisfied |
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Salzer Magnet Wires has a workforce of 23 employees as of Apr 03, 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.
Gain comprehensive insights into the Deals and Valuation data of Salzer 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 Salzer Magnet Wires's trajectory.
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The activity Salzer Magnet Wires Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records. was completed.
Salzer Magnet Wires Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Coimbatore. was recorded as a recent event.
Dasappan Govindaraj was appointed as a Whole-time director was appointed as a Whole-time director on 01 Mar 2019 & has been associated with this company since 6 years 9 months . was recorded as a recent event.
The activity Dasappan Govindaraj was appointed as a CFO was appointed as a CFO on 01 Mar 2019 & has been associated with this company since 6 years 9 months . was completed.
Progress on A charge registered on 20 Jul 2017 via Charge ID 100119617 with Axis Bank Limited was fully satisfied on 20 Feb 2019. was documented.
Progress on A charge registered on 15 Jun 2009 via Charge ID 10168506 with Bank Of India Limited was fully satisfied on 03 Jan 2019. was documented.
The CIN of Salzer Magnet Wires Limited is U31300TZ2008PLC014746.
Salzer Magnet Wires Limited is headquartered at 882/3, Coimbatore Main Road Bettathapuram, Coimbatore, Tamil Nadu, 641104.
Salzer Magnet Wires Limited was incorporated on 08 September 2008.
The current directors of Salzer Magnet Wires Limited are
The primary industry of Salzer Magnet Wires Limited is Trade.
Salzer Magnet Wires Limited is unlisted.
The authorized capital of Salzer Magnet Wires Limited is ₹20.00 Cr, and the paid-up capital is ₹13.40 Cr.
The compliance status of Salzer Magnet Wires Limited is Compliant.
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