- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CG-14-0019561

About Surya Wires Private Limited
Data last updated:
Surya Wires Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 18 October 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U31300CT1989PTC005547. Its GSTIN is 22AADCS5049K1ZB (Chhattisgarh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.75 Cr. It is led by directors Harsh Agarwal and Surendra Kumar 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 20 Industrial Area P.O. Birgaon, Raipur, Chhattisgarh, India – 493221.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.5 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹11.12 Cr (net margin -10.2%) and EBITDA of -₹1.33 Cr (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.05 Cr and satisfied charges of ₹12.15 Cr on record. Court records list 48 cases involving the company, including 28 filed by the company and 20 filed against it; 11 cases are pending. The company has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹9.98 Cr; the latest was in March 2024. Its 3 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Lark Non Ferrous Metals Limited with revenue of ₹110.01 Cr.
Surya Wires Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0019561). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suryawires.co.in.
Company details
CIN history
Surya Wires has one previous CIN (Corporate Identification Number): U31300MP1989PTC005547. The current CIN is U31300CT1989PTC005547, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31300CT1989PTC005547 | Current |
| U31300MP1989PTC005547 | Previous |
Recognitions & Rankings of Surya Wires
Contact details
Surya Wires Private Limited's registered office is in Raipur, Chhattisgarh. Its website is suryawires.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address20 Industrial Area P.O. Birgaon, Raipur, Chhattisgarh, India – 493221
- IndustryManufacturing, Cable & Wire
To see the full contact details of Surya 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 activities of Surya Wires are manufacturing and education. In detail, this covers metal and metal products and higher education, technical & vocational education. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Surya Wires Private Limited, buy the company report.
Financials of Surya Wires Private Limited
FY 2024 filings availableSurya Wires Private Limited reported revenue of ₹109.5 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 313% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.12 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | ||||
| Net Profit Margin | -10.2% | ||||
| 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 Surya Wires Private Limited, buy the company report.
Board of directors of Surya Wires Private Limited
Surya 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 |
|---|---|---|---|---|
| Harsh Agarwal Also directs: Disha Global Pvt Ltd, Pancham Sales Private Limited, Bestway Distributors Private Limited and 5 more | Director | 01 Dec 2012 | 13 Years 10 Months | Current |
| Surendra Kumar Jain Also directs: Disha Global Pvt Ltd, Pancham Sales Private Limited, Bestway Distributors Private Limited and 3 more | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Surya Wires Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lark Non Ferrous Metals Limited | ₹110.01 Cr (FY 2024) | Kolkata, West Bengal, India | ||||
| Lakshmi Metalexchanges Private Limited | ₹109.79 Cr (FY 2025) | 20.0% | Chinnavedampatti, Tamil Nadu, India | |||
| Surya Wires Private Limitedthis company | ₹109.5 Cr (FY 2025) | -₹11.12 Cr | -10.2% | -22.0% | 29 | Raipur, Chhattisgarh, India |
| Bajrang Wire and Infra Private Limited | ₹108.02 Cr (FY 2025) | 27.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Surya Wires Private Limited, buy the company report.
Shareholding
The shareholding of Surya Wires Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Surya Wires Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2020 | 100426496 | Others | ₹5.64 Cr | Open | |
| 18 Aug 2017 | 100156054 | Others | ₹2.14 Cr | Open | |
| 20 Dec 2016 | 100072560 | Others | ₹7.18 Cr | Open | |
| 14 Dec 2007 | 10090307 | Others | ₹12.1 Cr | Open | |
| 09 Jan 1995 | 90203017 | Central Bank of India | ₹5 Cr | Open |
To see the full charge records of Surya Wires Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Surya Wires Private Limited has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹9.98 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Oricon Ispat Private Limited Seller: Disha Global Pvt Ltd , Pancham Sales Private Limited |
| Oct 2023 | Rights issue | ₹1.13 Cr | Investors: Oricon Ispat Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Disha Global Pvt Ltd , Pancham Sales Private Limited , 2 individuals Seller: Bulk Trade Pvt Ltd , Polynesia Commerce Pvt Ltd. , Kiran Consortium Trade Pvt Ltd |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: Bulk Trade Pvt Ltd Seller: Versha Sales Promotion Private Limited |
| Sep 2011 | Funding round | ₹6.14 Cr | Investors: Bulk Trade Pvt Ltd , Kiran Consortium Trade Pvt Ltd |
To see the full deal history of Surya Wires Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Surya Wires Private Limited has 48 court cases on record: 28 filed by Surya Wires, 20 filed against it. 11 cases are pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 9 | 4 |
| District courts | 20 | 10 | 5 |
| Supreme Court | 3 | 1 | 2 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (CMA DC) | Filed against the company by Gujarat Livelihood Promotion Company Limited Through Its Authorized Ms. Shobhana H. | Pending |
| Supreme Court | Appeal | Filed against the company by National Skill Development Corporation | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by National Skill Development Corporation | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by National Skill Development Corporation | Disposed |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed against the company by National Skill Development Corporation | Disposed |
To see the full case history of Surya 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.
Credit ratings & regulatory alerts
Surya Wires Private Limited was last rated by Care on 29 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Sep 2022 |
To see the full credit ratings and regulatory alerts of Surya Wires Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Surya Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Surya Wires has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Surya Wires Private Limited has a workforce of 29 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Surya Wires has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCS5049K1ZB | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surya Wires Private Limited, buy the company report.
Recent activity
Surya Wires Private Limited has 14 board changes on record since 2003: 8 appointments and 6 cessations. The latest: Bhola Ram Sahu ceased to be Director on 23 Jun 2025.
26 earlier events are in the company report.
Frequently asked questions
Surya Wires is an active private limited company based in Raipur, Chhattisgarh, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 18 October 1989 (37+ years old) and is registered under CIN U31300CT1989PTC005547.
Surya Wires has 2 current directors:
- Harsh Agarwal - Director
- Surendra Kumar Jain - Director
The latest financial statements of Surya 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 Surya Wires is 22AADCS5049K1ZB, registered in Chhattisgarh.
The CIN (Corporate Identification Number) of Surya Wires is U31300CT1989PTC005547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surya Wires has 48 court cases on record: 28 filed by the company and 20 filed against it. 11 are pending. Most are in the high courts.
Surya Wires was incorporated on 18 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Surya Wires has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹9.98 Cr; the latest was in March 2024.
The peers of Surya Wires by revenue are Lark Non Ferrous Metals Limited, Lakshmi Metalexchanges Private Limited, Bajrang Wire and Infra Private Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).
Bhola Ram Sahu ceased to be Director on 23 Jun 2025. Kirti Kumar Jain ceased to be Managing Director on 21 Jun 2025. Bhola Ram Sahu was appointed as Director on 15 Mar 2025. Surya Wires has 14 board changes on record in total.
Yes, Surya Wires is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-14-0019561).

