MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-UP-56-0004922
Saru Precision Wires Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.54 Cr
▼ 36% YoY
Net loss · FY 2024
₹38.77 Lakh
Net margin -25.2%
EBITDA · FY 2024
-₹16.23 Lakh
EBITDA margin -10.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹21.77 Lakh
Issued & subscribed
Open charges
₹1.84 Cr
Satisfied ₹2.16 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
2
Provident fund records
About Saru Precision Wires Private Limited
Data last updated:
Saru Precision Wires Private Limited is a private limited company based in Delhi, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 27 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U47720DL2002PTC115983. Its GSTIN is 09AAICS0294F1Z8 (Uttar Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21.77 Lakh. It is led by directors Priyanka Jain (Managing Director) and Rajeev Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 77 Preet Vihar New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.54 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹38.77 Lakh (net margin -25.2%) and EBITDA of -₹16.23 Lakh (EBITDA margin -10.6%). Revenue has declined at a compounded annual rate (CAGR) of 657% over three years and 19% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saru Precision Wires. As per MCA filings, the company has open charges of ₹1.84 Cr and satisfied charges of ₹2.16 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Saru Precision Wires Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-56-0004922). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saruprecision.com.
Company details
CIN U47720DL2002PTC115983
Registration Number 115983
Incorporation Date 27 June 2002
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-56-0004922
CIN history
Saru Precision Wires has one previous CIN (Corporate Identification Number): U27310DL2002PTC115983. The current CIN is U47720DL2002PTC115983, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U47720DL2002PTC115983 | Current |
| U27310DL2002PTC115983 | Previous |
Recognitions & Rankings of Saru Precision Wires
Contact details
Saru Precision Wires Private Limited's registered office is in Delhi, Delhi. Its website is saruprecision.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 77 Preet Vihar New Delhi, Delhi, India – 110092
- IndustryManufacturing, Cable & Wire
To see the full contact details of Saru Precision Wires Private Limited, buy the company report.
Comprehensive company report
Saru Precision Wires 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Saru Precision Wires operates one associated brand: Saru Precision Wires. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of EDM, brass, and phosphor bronze wires for industrial applications. | saruprecision.com |
Business activity
The main business activity of Saru Precision 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 Saru Precision Wires Private Limited, buy the company report.
Financials of Saru Precision Wires Private Limited
FY 2024 filings availableSaru Precision Wires Private Limited reported revenue of ₹1.54 Cr (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹1.54 Cr ▼ 36%
Net loss · FY 2024
₹38.77 Lakh margin -25.2%
EBITDA · FY 2024
-₹16.23 Lakh margin -10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 657%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 809%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 36% fall in the latest year. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹16.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.77 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.6% | ||||
| Net Profit Margin | -25.2% | ||||
| 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 Saru Precision Wires Private Limited, buy the company report.
Board of directors of Saru Precision Wires Private Limited
Saru Precision Wires has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Jain Also directs: Paz Securities Private Limited | Director | 20 Feb 2004 | 22 Years 8 Months | Current |
| Priyanka Jain Also directs: Paz Securities Private Limited | Managing Director | 13 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Saru Precision Wires Private Limited is audited by A S GOEL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S GOEL & CO | FY 2021 | 017868C |
Shareholding
The shareholding of Saru Precision 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 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saru Precision Wires Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.84 Cr
Satisfied charges
₹2.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2019 | 100243155 | Yes Bank Limited | ₹1.84 Cr | Open | |
| 10 Dec 2010 | 10265992 | Others | ₹1.4 Cr | Satisfied | |
| 10 Dec 2010 | 10265999 | Punjab National Bank | ₹26 Lakh | Satisfied | |
| 26 May 2009 | 10160727 | Panjab National Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Saru Precision Wires Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Saru Precision Wires Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Ms. Movers Internationlp.Ltd | Disposed |
To see the full case history of Saru Precision 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 Saru Precision Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saru Precision Wires Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-75%
GST
Saru Precision Wires has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICS0294F1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saru Precision Wires Private Limited, buy the company report.
Recent activity
Saru Precision Wires Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Padam Kanta Jain ceased to be Director on 01 Aug 2022.
AGM
Saru Precision Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saru Precision Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Padam Kanta Jain ceased to be Director.
Charges
A charge with Yes Bank Limited of Rs. 184.01 Lakh registered on 19 Jan 2019 with Charge ID 100243155 was modified on 14 Feb 2022.
Charges
A charge registered on 10 Dec 2010 via Charge ID 10265999 with Punjab National Bank was fully satisfied on 09 Mar 2021.
Charges
A charge registered on 10 Dec 2010 via Charge ID 10265992 with Others was fully satisfied on 09 Mar 2021.
Charges
A charge registered on 26 May 2009 via Charge ID 10160727 with Panjab National Bank was fully satisfied on 09 Mar 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 184.01 Lakh with Charge ID 100243155 was registered on 19 Jan 2019.
Appointed
Priyanka Jain was appointed as Managing Director.
Charges
A charge with Others of Rs. 140.00 Lakh registered on 10 Dec 2010 with Charge ID 10265992 was modified on 29 Aug 2016.
Charges
A charge with Punjab National Bank amounted to Rs. 26.00 Lakh with Charge ID 10265999 was registered on 10 Dec 2010.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 10265992 was registered on 10 Dec 2010.
4 earlier events are in the company report.
Frequently asked questions
Saru Precision Wires is an active private limited company based in Delhi, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 27 June 2002 (24+ years old) and is registered under CIN U47720DL2002PTC115983.
Saru Precision Wires has 2 current directors:
- Priyanka Jain - Managing Director
- Rajeev Jain - Director
The latest financial statements of Saru Precision Wires on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Saru Precision Wires is 09AAICS0294F1Z8, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Saru Precision Wires is U47720DL2002PTC115983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saru Precision Wires has 2 court cases on record: 2 filed against it.
Saru Precision Wires was incorporated on 27 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Padam Kanta Jain ceased to be Director on 01 Aug 2022. Priyanka Jain was appointed as Managing Director on 13 Sep 2018. Ashok Kumar Pal ceased to be Director on 15 Mar 2008. Saru Precision Wires has 4 board changes on record in total.
Yes, Saru Precision Wires is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-56-0004922).
Saru Precision Wires can be reached through the website saruprecision.com. Its registered office is in Delhi, India.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages