Veer Wires Private Limited - Company Profile

It is a manufacturing private limited company based in Mumbai, Maharashtra, India, established in 1995.
1995 Mumbai, Maharashtra, India Active
Last Updated:
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About Veer Wires Private Limited

Veer Wires Private Limited, a active private limited company, was established on 16 August 1995 in Mumbai, Maharashtra, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U27201MH1995PTC091842. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹7.50 M.

It upholds a compliant status. Employing 2 professional, Its leadership includes Kirit Chhabildas Sheth (Director), Pankaj Chhabildas Sheth (Director), Devam Pankaj Sheth (Director). It holds ₹8.81 Cr open charges and ₹5.17 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 304 Kshiteej Apartmentsnear Poisar Bus Depot Near Bhatia School Kandivali W, Mumbai, Maharashtra, 400067.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U27201MH1995PTC091842

  • Registration Number

    091842

  • Incorporation Date

    16 August 1995

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹7.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.81 Cr
  • Satisfied Charges ₹ 5.17 Cr
  • Revenue Growth **** -77.50%
  • Profit Growth **** 81.58%
  • Ebitda **** 168.61%
  • Net Worth -16.81%
  • Total Assets -23.56%
Company report

Veer Wires Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Veer 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 Veer Wires Private Limited?
Current Directors
Name Designation Appointment Date Status
Kirit Chhabildas Sheth Director 01 Jun 2016 Current
Pankaj Chhabildas Sheth Director 16 Aug 1995 Current
Devam Pankaj Sheth Director 01 Jun 2016 Current
Rachit Kirit Sheth Director 11 Dec 2000 Current

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Financial Performance of Veer Wires.

Veer Wires Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 77.5% decrease. The company also saw a substantial improvement in profitability, with a 81.58% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.81%.

Veer Wires revenue growth over time
Veer 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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 -77.50%
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*******
*******
*******
Revenue from Operations
*******
 -78.10%
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*******
*******
Total Assets
*******
 -23.56%
*******
*******
*******
*******
Profit or Loss
*******
 81.58%
*******
*******
*******
*******
Net Worth
*******
 -16.81%
*******
*******
*******
*******
EBITDA
*******
 168.61%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Veer Wires?

In 2022, Veer Wires had a promoter holding of 100.00%. 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

₹88,080,000.00

Satisfied Charges

₹51,714,000.00

Charges Breakdown by Lending Institutions
  • Abhyudaya Co-Operative Bank Limited : 7.97 Cr
  • Others : 0.84 Cr
Latest Charge Details
Date Lender Amount Status
27 Jul 2020 Abhyudaya Co-Operative Bank Limited ₹3.98 Cr Open
31 Jan 2020 Abhyudaya Co-Operative Bank Limited ₹2.40 M Open
31 Jan 2020 Abhyudaya Co-Operative Bank Limited ₹3.50 Cr Open
31 Jan 2020 Abhyudaya Co-Operative Bank Limited ₹1.89 M Open
31 Jan 2020 Abhyudaya Co-Operative Bank Limited ₹0.55 M Open

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How Many Employees Work at Veer Wires?

Veer Wires has a workforce of 2 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 Veer 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 Veer 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 Veer Wires
Recent Activity within the Organization
  • Annual General Meeting

    Veer Wires Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Veer Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was documented.

  • Charges

    The activity A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 39.84 M with Charge ID 100367139 was registered on 27 Jul 2020. was completed.

  • Charges

    Progress on A charge registered on 27 Aug 2015 via Charge ID 10612728 with Others was fully satisfied on 27 Apr 2020. was documented.

  • Charges

    A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 2.40 M with Charge ID 100320056 was registered on 31 Jan 2020. was recorded as a recent event.

  • Charges

    A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 35.00 M with Charge ID 100320060 was registered on 31 Jan 2020. was recorded as a recent event.

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

The CIN of Veer Wires Private Limited is U27201MH1995PTC091842.

Where is Veer Wires Private Limited headquartered?

Veer Wires Private Limited is headquartered at 304 Kshiteej Apartmentsnear Poisar Bus Depot Near Bhatia School Kandivali W, Mumbai, Maharashtra, 400067.

When was Veer Wires Private Limited incorporated?

Veer Wires Private Limited was incorporated on 16 August 1995.

Who are the current directors of Veer Wires Private Limited?

The current directors of Veer Wires Private Limited are

What is the primary industry of Veer Wires Private Limited?

The primary industry of Veer Wires Private Limited is Manufacturing.

Is Veer Wires Private Limited a listed company?

Veer Wires Private Limited is unlisted.

What is the capital structure of Veer Wires Private Limited?

The authorized capital of Veer Wires Private Limited is ₹7.50 M, and the paid-up capital is ₹7.50 M.

What is the compliance status of Veer Wires Private Limited?

The compliance status of Veer Wires Private Limited is Compliant.

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