Solvar Wires Private Limited - Company Profile

It is a manufacturing private limited company based in Cochin, Kerala, India, established in 1978.
1978 Cochin, Kerala, India Active
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About Solvar Wires Private Limited

Solvar Wires Private Limited, a active private limited company, was established on 30 November 1978 in Cochin, Kerala, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U31300KL1978PTC003025. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.24 Cr.

It upholds a compliant status. Its leadership includes Bobby Jose (Director), Jimmy Jose (Whole-Time Director). Past directors included Nias Moopan, Jose Thomas Kizhekkethottam, Abdulla Karippurath Muhammed. It holds ₹0.97 M open charges and ₹4.18 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 39/5527 A-9, Cochin Corporation Basement Floor, South Square, Cochin, Kerala, 682036.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U31300KL1978PTC003025

  • Registration Number

    003025

  • Incorporation Date

    30 November 1978

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.24 Cr

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.24 Cr
  • Company Age 47 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.97 M
  • Satisfied Charges ₹ 4.18 Cr
  • Revenue Growth **** -99.58%
  • Profit Growth **** -929.42%
  • Ebitda **** -689.51%
  • Net Worth -2.04%
  • Total Assets -0.35%
Company report

Solvar Wires Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Solvar Wires Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solvar Wires Private Limited?
Current Directors
Name Designation Appointment Date Status
Bobby Jose Director 01 Dec 1989 Current
Jimmy Jose Whole-Time Director 15 Nov 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Mar 2014 Past
Pramod Abcsdd Director 01 Feb 2008 Past
Pramod Abcsdd Director 01 Mar 2014 Past
Pramod Abcsdd Director 01 Mar 2014 Past
Pramod Abcsdd Director 01 Mar 2014 Past
Pramod Abcsdd Director 20 Oct 2012 Past

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Financial Performance of Solvar Wires.

Solvar Wires Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.58% decrease. The company also saw a substantial fall in profitability, with a 929.42% decrease in profit. The company's net worth dipped by a decrease of 2.04%.

Solvar Wires revenue growth over time
Solvar Wires profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -99.58%
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Revenue from Operations
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*******
Total Assets
*******
 -0.35%
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*******
*******
*******
Profit or Loss
*******
 -929.42%
*******
*******
*******
*******
Net Worth
*******
 -2.04%
*******
*******
*******
*******
EBITDA
*******
 -689.51%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Solvar Wires?

In 2022, Solvar Wires had a public holding of 58.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹967,800.00

Satisfied Charges

₹41,800,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 0.07 Cr
  • Union Bank Of India : 0.01 Cr
  • Bank Of Cochin Ltd. : 0.01 Cr
Latest Charge Details
Date Lender Amount Status
15 Nov 2001 Union Bank Of India ₹0.13 M Open
25 Nov 1988 State Bank Of India ₹0.74 M Open
26 Dec 1980 Bank Of Cochin Ltd. ₹0.10 M Open
05 Apr 2008 The Federal Bank Limited ₹1.50 Cr Satisfied
30 Mar 1998 The Kerala Financial Corporation ₹1.15 M Satisfied

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How Many Employees Work at Solvar Wires?

Solvar Wires has a workforce of 0 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solvar Wires, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solvar Wires's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Solvar Wires
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Solvar Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Solvar Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam. was completed.

  • Charges

    Progress on A charge registered on 05 Apr 2008 via Charge ID 10099074 with The Federal Bank Limited was fully satisfied on 05 May 2011. was documented.

  • Charges

    A charge registered on 30 Mar 1998 via Charge ID 90017100 with The Kerala Financial Corporation was fully satisfied on 25 Apr 2011. was recorded as a recent event.

  • Charges

    The activity A charge registered on 23 Mar 1996 via Charge ID 90016561 with Kerala Financial Corporation was fully satisfied on 25 Apr 2011. was completed.

  • Charges

    A charge registered on 26 Apr 1980 via Charge ID 90015295 with Kerala Financial Corporation was fully satisfied on 25 Apr 2011. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Solvar Wires Private Limited?

The CIN of Solvar Wires Private Limited is U31300KL1978PTC003025.

Where is Solvar Wires Private Limited headquartered?

Solvar Wires Private Limited is headquartered at 39/5527 A-9, Cochin Corporation Basement Floor, South Square, Cochin, Kerala, 682036.

When was Solvar Wires Private Limited incorporated?

Solvar Wires Private Limited was incorporated on 30 November 1978.

Who are the current directors of Solvar Wires Private Limited?

The current directors of Solvar Wires Private Limited are

What is the primary industry of Solvar Wires Private Limited?

The primary industry of Solvar Wires Private Limited is Manufacturing.

Is Solvar Wires Private Limited a listed company?

Solvar Wires Private Limited is unlisted.

What is the capital structure of Solvar Wires Private Limited?

The authorized capital of Solvar Wires Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.24 Cr.

What is the compliance status of Solvar Wires Private Limited?

The compliance status of Solvar Wires Private Limited is Compliant.

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