Shilpi Wire Rope Private Limited

Shilpi Wire Rope Private Limited - financial services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U30300KA1995PTC018154 Incorporated 27 June 1995 ROC Bangalore HQ Bangalore, Karnataka, India
Merged Private Limited Company financial services
Data last updated
Revenue · FY 2023
₹1.19 Cr
▲ 3% YoY
Net profit · FY 2023
₹85.08 Lakh
Net margin 71.7%
EBITDA · FY 2023
₹1.04 Cr
EBITDA margin 87.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹42.25 Lakh
Issued & subscribed
Open charges
₹25.99 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings

About Shilpi Wire Rope Private Limited

Data last updated:

Shilpi Wire Rope Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 27 June 1995.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U30300KA1995PTC018154. Its GSTIN is 29AADCS1640N1Z2 (Karnataka).

The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42.25 Lakh. It was led by directors including Mahesh Poddar and Surendrannair.

Its last annual general meeting (AGM) was held on 05 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 22 A&H KIADB Industrial Area P.O. Attibele Anakel Taluk, Bangalore, Karnataka, India – 562107.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.19 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹85.08 Lakh (net margin 71.7%) and EBITDA of ₹1.04 Cr (EBITDA margin 87.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 24% over five years.

As per MCA filings, the company had open charges of ₹25.99 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.

Company details

CIN U30300KA1995PTC018154
Registration Number 018154
Incorporation Date 27 June 1995
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 05 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Shilpi Wire Rope Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    22 A&H KIADB Industrial Area P.O. Attibele Anakel Taluk, Bangalore, Karnataka, India – 562107
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Shilpi Wire Rope Private Limited, buy the company report.

Comprehensive company report
Shilpi Wire Rope 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 Shilpi Wire Rope is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities

To see the full business activity and turnover split of Shilpi Wire Rope Private Limited, buy the company report.

Financials of Shilpi Wire Rope Private Limited

FY 2024 filings available

Shilpi Wire Rope Private Limited reported revenue of ₹1.19 Cr (up 3% YoY) for FY 2023.

Revenue · FY 2023
₹1.19 Cr ▲ 3%
Net profit · FY 2023
₹85.08 Lakh margin 71.7%
EBITDA · FY 2023
₹1.04 Cr margin 87.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 2%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 2%
5 years · compounded
▲ 27%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 3% growth in the latest year. EBITDA rose 2% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹1.04 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹85.08 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin87.8%
Net Profit Margin71.7%
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 Shilpi Wire Rope Private Limited, buy the company report.

Board of directors of Shilpi Wire Rope Private Limited

Shilpi Wire Rope has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mahesh PoddarDirector27 Jun 199531 Years 4 MonthsAs last reported
SurendrannairDirector30 Nov 200421 Years 10 MonthsAs last reported
Shilpi AgrawalDirector18 Jul 20224 Years 3 MonthsAs last reported

Auditor

Shilpi Wire Rope Private Limited is audited by RK TANTRY & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
RK TANTRY & CO.FY 2022004335S

Shareholding

The shareholding of Shilpi Wire Rope Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shilpi Wire Rope Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹25.75 Cr
State Bank of India₹0.24 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Sep 201110309490Axis Bank Limited₹25.75 CrOpen
05 Jan 199890197293State Bank of India₹12 LakhOpen
05 Jan 199890200236State Bank of India₹12 LakhOpen

To see the full charge records of Shilpi Wire Rope Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shilpi Wire Rope Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Shilpi Wire Rope has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCS1640N1Z2KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Shilpi Wire Rope Private Limited, buy the company report.

Recent activity

Shilpi Wire Rope Private Limited has 3 board changes on record since 1995: 3 appointments. The latest: Shilpi Agrawal was appointed as Director on 18 Jul 2022.

AGM
Shilpi Wire Rope Private Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.
Filing
Shilpi Wire Rope Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 2,575.00 Lakh registered on 26 Sep 2011 with Charge ID 10309490 was modified on 01 Mar 2023.
Appointed
Shilpi Agrawal was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 2,575.00 Lakh with Charge ID 10309490 was registered on 26 Sep 2011.
Appointed
Surendrannair was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 12.00 Lakh with Charge ID 90197293 was registered on 05 Jan 1998.
Charges
A charge with State Bank Of India amounted to Rs. 12.00 Lakh with Charge ID 90200236 was registered on 05 Jan 1998.
Appointed
Mahesh Poddar was appointed as Director.
Incorporation
27 Jun 1995
Shilpi Wire Rope Private Limited was registered on 27 Jun 1995 with Roc Bangalore & aged 31 years 4 months as per MCA records.

Frequently asked questions

Shilpi Wire Rope has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Shilpi Wire Rope was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 27 June 1995 and is registered under CIN U30300KA1995PTC018154. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Shilpi Wire Rope was incorporated on 27 June 1995. It is registered with the Registrar of Companies, Bangalore.

Shilpi Wire Rope had 3 directors:

The CIN (Corporate Identification Number) of Shilpi Wire Rope is U30300KA1995PTC018154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Shilpi Wire Rope is at 22 A&H KIADB Industrial Area P.O. Attibele Anakel Taluk, Bangalore, Karnataka, India – 562107.

The latest financial statements of Shilpi Wire Rope on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Shilpi Wire Rope is 29AADCS1640N1Z2, registered in Karnataka.

Shilpi Wire Rope operated in the financial services industry, in the real estate financing segment.

Shilpi Wire Rope has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.