Solvar Wires Private Limited
About Solvar Wires Private Limited
Data last updated:
Solvar Wires Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 30 November 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U31300KL1978PTC003025. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors Jimmy Jose (Whole-Time Director) and Bobby Jose.
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 39/5527 A – 9 Cochin Corporation Basement Floor South Square, Kochi, Kerala, India – 682036.
As per MCA filings, the company has open charges of ₹9.68 Lakh and satisfied charges of ₹4.18 Cr on record. Court records list 28 cases involving the company, including 18 filed by the company and 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solvar Wires Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address39/5527 A – 9 Cochin Corporation Basement Floor South Square, Kochi, Kerala, India – 682036
- IndustryManufacturing, Cable & Wire
To see the full contact details of Solvar 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
Financials of Solvar Wires Private Limited
FY 2024 filings availableSolvar Wires Private Limited reported revenue of ₹140 (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over five years. 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
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| Total Revenue | ₹140 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Solvar Wires Private Limited, buy the company report.
Board of directors of Solvar Wires Private Limited
Solvar 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 |
|---|---|---|---|---|
| Bobby Jose | Director | 01 Dec 1989 | 36 Years 10 Months | Current |
| Jimmy Jose Also directs: Coastline Garages India Private Limited | Whole-Time Director | 15 Nov 2010 | 15 Years 11 Months | Current |
Auditor
Solvar Wires Private Limited is audited by Mathew Joseph for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mathew Joseph | FY 2022 | 022658 |
Shareholding
The shareholding of Solvar Wires 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 category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Solvar Wires Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2001 | 90018414 | Union Bank of India | ₹1.28 Lakh | Open | |
| 25 Nov 1988 | 80063367 | State Bank of India | ₹7.4 Lakh | Open | |
| 26 Dec 1980 | 90015317 | Bank of Cochin Ltd. | ₹1 Lakh | Open | |
| 05 Apr 2008 | 10099074 | The Federal Bank Limited | ₹1.5 Cr | Satisfied | |
| 30 Mar 1998 | 90017100 | The Kerala Financial Corporation | ₹11.5 Lakh | Satisfied |
To see the full charge records of Solvar Wires Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Solvar Wires Private Limited has 28 court cases on record: 18 filed by Solvar Wires, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 9 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by Ms Core Value Developers and Infracon Pvt Ltd. | Disposed |
| High Court | Court case (AR) | Filed against the company by M/S.Stable Magnet Wire Pvt.Ltd.,Plotno.4 | Disposed |
| High Court | Writ petition | Filed by the company against Ms. Stable Magnet Wires Pvt. Ltd. and 3 others | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Stable Magnet Wire Pvt. Ltd. and 6 others | Disposed |
| High Court | Arbitration matter | Filed by the company against M/S.Stable Magnet Wire Pvt.Ltd. | Disposed |
To see the full case history of Solvar 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 Solvar Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solvar Wires Private Limited has 1 active EPFO establishment as of Apr 10, 2024.
GST
Solvar Wires has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Solvar Wires Private Limited, buy the company report.
Recent activity
Solvar Wires Private Limited has 8 board changes on record since 1989: 2 appointments and 6 cessations. The latest: Abdulla Karippurath Muhammed ceased to be Director on 01 Mar 2014.
16 earlier events are in the company report.
Frequently asked questions
Solvar Wires is an active private limited company based in Kochi, Kerala, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 30 November 1978 (48+ years old) and is registered under CIN U31300KL1978PTC003025.
Solvar Wires has 2 current directors:
- Jimmy Jose - Whole-Time Director
- Bobby Jose - Director
The latest financial statements of Solvar 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.
No. Solvar Wires has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Solvar Wires is U31300KL1978PTC003025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvar Wires has 28 court cases on record: 18 filed by the company and 10 filed against it. Most are in the high courts.
Solvar Wires was incorporated on 30 November 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ernakulam.
Abdulla Karippurath Muhammed ceased to be Director on 01 Mar 2014. Ahmed Azhar ceased to be Director on 01 Mar 2014. Karipurath Abdulla Salim ceased to be Director on 01 Mar 2014. Solvar Wires has 8 board changes on record in total.
The registered office of Solvar Wires is at 395527 A – 9 Cochin Corporation Basement Floor South Square, Kochi, Kerala, India – 682036.
Solvar Wires operates in the manufacturing industry, in the cable and wire segment.