Technology Diamond Wire Private Limited
About Technology Diamond Wire Private Limited
Data last updated:
Technology Diamond Wire Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the metalworking segment of the metals and mining sector. It was incorporated on 09 May 2005.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U02720KA2005PTC036264. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹33.99 Lakh. It was led by directors Radhakrishnan Varadarajan and Varadarajan Shanmuga Priya.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No. 106 Rhythm Block H M Tambourine J. P. Nagar 6th Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.17 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹5,508 (net margin -2.5%) and EBITDA of -₹3,549 (EBITDA margin -1.6%). Revenue has declined at a compounded annual rate (CAGR) of 37% over five years.
As per MCA filings, the company had satisfied charges of ₹1.11 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Technology Diamond Wire Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 106 Rhythm Block H M Tambourine J. P. Nagar 6th Phase, Bangalore, Karnataka, India – 560078
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Technology Diamond Wire 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 Technology Diamond Wire Private Limited
FY 2020 filings availableTechnology Diamond Wire Private Limited reported revenue of ₹2.17 Lakh (down 60% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 60% fall in the latest year. EBITDA fell 271% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹3,549 | ||||
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| Net Profit (PAT) | -₹5,508 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -1.6% | ||||
| Net Profit Margin | -2.5% | ||||
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To see the full financial statements and ratios of Technology Diamond Wire Private Limited, buy the company report.
Board of directors of Technology Diamond Wire Private Limited
Technology Diamond Wire has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhakrishnan Varadarajan Also directs: Technology Diamond Tools India Private Limited | Director | 09 May 2005 | 21 Years 6 Months | As last reported |
| Varadarajan Shanmuga Priya Also directs: Technology Diamond Tools India Private Limited | Director | 16 Nov 2009 | 16 Years 11 Months | As last reported |
Auditor
Technology Diamond Wire Private Limited is audited by K MALLAPPA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K MALLAPPA | FY 2017 | 203042 |
Shareholding
The shareholding of Technology Diamond Wire Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Technology Diamond Wire Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2006 | 10008695 | Indian Overseas Bank | ₹1.11 Cr | Satisfied |
To see the full charge records of Technology Diamond Wire Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Technology Diamond Wire Private Limited has 1 court case on record: 1 filed by Technology Diamond Wire. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against M/S Aankit Granites Limited | Disposed |
To see the full case history of Technology Diamond Wire 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 Technology Diamond Wire Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Technology Diamond Wire has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Technology Diamond Wire Private Limited, buy the company report.
Recent activity
Technology Diamond Wire Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Madhavan Chandrasekaran ceased to be Director on 30 Nov 2009.
Frequently asked questions
Technology Diamond Wire has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Technology Diamond Wire was a private limited company based in Bangalore, Karnataka, India. The company worked in metalworking, within the metal and minerals industry. It was incorporated on 09 May 2005 and is registered under CIN U02720KA2005PTC036264. The company has been struck off by the Registrar of Companies and is no longer operational.
Technology Diamond Wire had 2 directors:
- Radhakrishnan Varadarajan - Director
- Varadarajan Shanmuga Priya - Director
The CIN (Corporate Identification Number) of Technology Diamond Wire is U02720KA2005PTC036264. 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 Technology Diamond Wire is at No. 106 Rhythm Block H M Tambourine J. P. Nagar 6th Phase, Bangalore, Karnataka, India – 560078.
Technology Diamond Wire was incorporated on 09 May 2005. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Technology Diamond Wire on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
No. Technology Diamond Wire has 2 GST registrations on record and all of them are cancelled or inactive.
Technology Diamond Wire operated in the metal and minerals industry, in the metalworking segment. It worked in this industry before it was struck off.
Technology Diamond Wire has 1 court case on record: 1 filed by the company.
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