Saras Wires Private Limited
About Saras Wires Private Limited
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Saras Wires Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 01 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28999DL2004PTC127310. Its GSTIN is 06AAICS5633C1ZJ (Haryana).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹30.05 Lakh. It is led by directors Vivek Rangi and Anand Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B – 134 New Ashok Nagar, New Delhi, Delhi, India – 110096.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.16 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹3.46 Lakh (net margin -3%) and EBITDA of ₹26.33 Lakh (EBITDA margin 22.7%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 38% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹4.2 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saras Wires Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 134 New Ashok Nagar, New Delhi, Delhi, India – 110096
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Saras 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 Saras 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 Saras Wires Private Limited, buy the company report.
Financials of Saras Wires Private Limited
FY 2021 filings availableSaras Wires Private Limited reported revenue of ₹1.16 Cr (up 57% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 57% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA rose 210% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.46 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.7% | ||||
| Net Profit Margin | -3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Saras Wires Private Limited, buy the company report.
Board of directors of Saras Wires Private Limited
Saras Wires has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Rangi Also directs: Dot Truckers Limited, Synq Design Solutions Private Limited | Director | 04 Sep 2014 | 12 Years 2 Months | Current |
| Anand Singh Also directs: Saras Ispat Pvt Ltd, Dot Truckers Limited | Director | 15 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Saras Wires Private Limited is audited by SGNG & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGNG & Associates | FY 2021 | 027191N |
Shareholding
The shareholding of Saras Wires Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saras Wires Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2021 | 100497747 | Others | ₹5 Cr | Open | |
| 05 Oct 2012 | 10380611 | The Nainital Bank Limited | ₹2 Cr | Open | |
| 01 Mar 2014 | 10490064 | Indian Overseas Bank | ₹60 Lakh | Satisfied | |
| 26 Jul 2007 | 10061709 | Indian Overseas Bank | ₹2.5 Cr | Satisfied | |
| 30 Aug 2005 | 90330176 | State Bank of India | ₹95 Lakh | Satisfied |
To see the full charge records of Saras Wires Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Saras Wires Private Limited has 9 court cases on record: 8 filed by Saras Wires, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 0 |
Cases on record (4 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Ms NN Industries and 1 other | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Faridabad, Haryana | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Saras 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 Saras Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saras Wires Private Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Saras Wires has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICS5633C1ZJ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saras Wires Private Limited, buy the company report.
Recent activity
Saras Wires Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Prithvi Raj Chauhan ceased to be Director on 08 May 2015.
11 earlier events are in the company report.
Frequently asked questions
Saras Wires is an active private limited company based in New Delhi, Delhi, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 01 July 2004 (22+ years old) and is registered under CIN U28999DL2004PTC127310.
Saras Wires has 2 current directors:
- Vivek Rangi - Director
- Anand Singh - Director
The latest financial statements of Saras Wires on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Saras Wires is 06AAICS5633C1ZJ, registered in Haryana.
The CIN (Corporate Identification Number) of Saras Wires is U28999DL2004PTC127310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saras Wires has 9 court cases on record: 8 filed by the company and 1 filed against it.
Saras Wires was incorporated on 01 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Prithvi Raj Chauhan ceased to be Director on 08 May 2015. Vivek Rangi was appointed as Director on 04 Sep 2014. Natthi Singh Sisodiya ceased to be Director on 09 Oct 2012. Saras Wires has 8 board changes on record in total.
The registered office of Saras Wires is at B – 134 New Ashok Nagar, New Delhi, Delhi, India – 110096.
Saras Wires operates in the telecom industry, in the telecom equipment and tech solutions segment.
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