Salzer Magnet Wires Limited

Salzer Magnet Wires Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U31300TZ2008PLC014746 Incorporated 08 September 2008 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Dissolved Under Section 59(8) Public Limited Company manufacturing
Data last updated
Revenue · FY 2019
₹1.66 Cr
▼ 98.00% YoY
EBITDA · FY 2019
Locked
In full report
Net profit · FY 2019
Locked
In full report
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹13.4 Cr
Issued & subscribed
Open charges
None
Satisfied ₹41.3 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
23
Latest available

About Salzer Magnet Wires Limited

Data last updated: 12 December 2025

Salzer Magnet Wires Limited was a public limited company based in Coimbatore, Tamil Nadu, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It specialised in cable and wire, a part of the broader manufacturing sector. Incorporated on 08 September 2008.

Registered with ROC Coimbatore under CIN U31300TZ2008PLC014746.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.4 Cr. It was led by directors including Dasappan Govindaraj and Venkatapathy.

Last AGM: 28 September 2019. Financial statements filed for year ended 31 March 2019. Office: 882/3 Coimbatore Main Road Bettathapuram, Tamil Nadu, India – 641104.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.66 Cr, a decline of 98% compared to the previous year.

The company had a reported workforce of approximately 23 employees prior to being dissolved.

As per MCA filings, the company had satisfied charges of ₹41.3 Cr on record.

The company has been dissolved and no longer exists as a legal entity under the Companies Act. Any contracts or dealings with a dissolved entity may be legally unenforceable. The last known website on record is salzerwires.com.

Company Details of Salzer Magnet Wires Limited
CIN U31300TZ2008PLC014746
Registration Number 014746
Incorporation Date 08 September 2008
ROC Coimbatore
Listing Status Unlisted
Company Status Dissolved Under Section 59(8)
Date of Last AGM 28 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Key People
Dasappan Govindaraj Nodal Officer Venkatapathy Director Narayanaswamy Jayabal Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    salzerwires.com
  • Social Media
    Locked
  • Registered Address
    882/3 Coimbatore Main Road Bettathapuram, Tamil Nadu, India – 641104
  • Industry
    Manufacturing, Cable & Wire
Company report
Salzer Magnet Wires Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Salzer Magnet Wires Limited in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Salzer Magnet Wires Limited

Salzer Magnet Wires Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
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Auditor Details of Salzer Magnet Wires Limited

Salzer Magnet Wires Limited is audited by SWAMY & RAVI for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
SWAMY & RAVI Locked Locked Locked
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Board of Directors of Salzer Magnet Wires Limited

Salzer Magnet Wires Limited is currently managed by 6 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Dasappan Govindaraj Nodal Officer 28 Jun 2022 4 Years 0 Months As last reported
Venkatapathy Director 24 Mar 2015 11 Years 3 Months As last reported
Narayanaswamy Jayabal
Also directs: Salzer Exports Limited
Director 24 Mar 2015 11 Years 3 Months As last reported
Rajeshkumar Doraiswamy
Also directs: Salzer Exports Limited, Tego Solar Llp, Salzer Electronics Limited and 5 more
Director 08 Sep 2008 17 Years 10 Months As last reported
Doraiswamy Rangaswamy
Also directs: Salzer Exports Limited, Salzer Electronics Limited, Kaycee Industries Limited and 5 more
Director 08 Sep 2008 17 Years 10 Months As last reported
Perumalreddiar Ramachandran
Also directs: Salzer Ev Infra Private Limited, Salzer Securities Holdings Limited
Director 03 Sep 2016 9 Years 10 Months As last reported
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Financials of Salzer Magnet Wires Limited FY 2019 filings available

Salzer Magnet Wires Limited reported revenue of ₹1.66 Cr (down 98.00% YoY) for FY 2019.

Revenue · FY 2019
₹1.66 Cr ▼ 98.00%
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Ownership and Shareholding of Salzer Magnet Wires Limited

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Charges & Borrowings of Salzer Magnet Wires Limited

Open charges
₹0
Satisfied charges
₹41.3 Cr
Breakdown by lending institutions
Axis Bank Limited₹23.00 Cr
Bank of India Limited₹18.30 Cr
Latest charge details
DateLenderAmountStatus
20 Jul 2017 Axis Bank Limited ₹23 Cr Satisfied
15 Jun 2009 Bank of India Limited ₹18.3 Cr Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Salzer Magnet Wires Limited

Salzer Magnet Wires Limited has a workforce of 23 employees as of Apr 03, 2024.

Employee count
23
Active EPFO establishments
1
Employee growth
-4.17%
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Employee and EPFO history for Salzer Magnet Wires Limited

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GST Compliance of Salzer Magnet Wires Limited

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Credit Ratings, Litigation & Regulatory Alerts for Salzer Magnet Wires Limited

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MSME Payment Delays by Salzer Magnet Wires Limited

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MSME payment history for Salzer Magnet Wires Limited

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Subsidiaries & Group Companies of Salzer Magnet Wires Limited

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MCA Filings & Documents of Salzer Magnet Wires Limited

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MCA filings and documents for Salzer Magnet Wires Limited

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Recent Activity on Salzer Magnet Wires Limited

Directors
28 Jun 2022
Dasappan Govindaraj was appointed as a Nodal Officer on 28 Jun 2022 & has been associated with this company since 4 years 23 days.
Activity
28 Sep 2019
Salzer Magnet Wires Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.
Activity
31 Mar 2019
Salzer Magnet Wires Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Coimbatore.
Directors
01 Mar 2019
Dasappan Govindaraj was appointed as a CFO on 01 Mar 2019 & has been associated with this company since 7 years 4 months.
Charges
20 Feb 2019
A charge registered on 20 Jul 2017 via Charge ID 100119617 with Axis Bank Limited was fully satisfied on 20 Feb 2019.
Charges
03 Jan 2019
A charge registered on 15 Jun 2009 via Charge ID 10168506 with Bank Of India Limited was fully satisfied on 03 Jan 2019.

Recent News on Salzer Magnet Wires Limited

Frequently Asked Questions about Salzer Magnet Wires Limited

Salzer Magnet Wires Limited has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Salzer Magnet Wires Limited is a dissolved under section 59(8) public limited company in the manufacturing sector based in Coimbatore, Tamil Nadu, India. It was incorporated on 08 September 2008 and is registered under CIN U31300TZ2008PLC014746. The company was dissolved under section 59(8) as per MCA records and no longer exists as a legal entity.

Salzer Magnet Wires Limited was incorporated on 08 September 2008. Registered with ROC Coimbatore.

The current directors of Salzer Magnet Wires Limited are:

The CIN (Corporate Identification Number) of Salzer Magnet Wires Limited is U31300TZ2008PLC014746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Salzer Magnet Wires Limited is manufacturing. The company specifically operates in cable and wire.

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