Vora Wires Industries (India) Limited

Manufactures steel wires for various applications since 1996.

1996 | Indore, Madhya Pradesh (India) | Active
Last Updated:

Vora Wires Industries (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.60 Cr
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.55 Cr
  • Satisfied Charges ₹ 20.61 Cr
  • Revenue Growth -27.86%
  • Profit Growth -128.16%
  • Ebitda -25.42%
  • Net Worth -4.75%
  • Total Assets -5.90%

About Vora Wires Industries (India)

Vora Wires Industries (India) Limited (VWIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 October 1996 and has a history of 28 years and seven months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.60 Cr.

The company currently has active open charges totaling ₹11.55 Cr. The company has closed loans amounting to ₹20.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Archana Kanthed, Darshna Jain, Nilesh Kanthed, and Two other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106MP1996PLC011326

  • Company No.

    011326

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

What products or services does Vora Wires Industries (India) Limited offer?

Vora Wires Industries (India) Limited offers a wide range of products and services, including Air Springs & Compression Springs, Wire Springs, Metal and Alloy Wires, Steel Wire, Mild Steel Wires, High Carbon Steel Wire.

Company report

Vora Wires Industries (India) Limited

Explore comprehensive data for Vora Wires Industries (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vora Wires Industries (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Archana Kanthed Country flag representing In Managing Director21-May-2005Current

Board Members (4)

NameDesignationAppointment DateStatus
Darshna Jain Country flag representing In Whole-Time Director 24-Dec-2011Current
Nilesh Kanthed Country flag representing In Whole-Time Director 18-May-2022Current
Urmila Vora Country flag representing In Director 14-Mar-2023Current
Jitendra Singoria Country flag representing In Director 23-Feb-2024Current

Financial Performance of Vora Wires Industries (India).

Vora Wires Industries (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.86% decrease. The company also saw a substantial fall in profitability, with a 128.16% decrease in profit. The company's net worth dipped by a decrease of 4.75%.

Vora Wires Industries (India) revenue growth over time
Vora Wires Industries (India) profit and loss trends over time
  • 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
-27.86%
Revenue from Operations
-28.51%
Total Assets
-5.90%
Profit or Loss
-128.16%
Net Worth
-4.75%
EBITDA
-25.42%

What is the Ownership and Shareholding Structure of Vora Wires Industries (India)?

In 2023, Vora Wires Industries (India) had a promoter holding of 93.61% and a public holding of 6.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.55 Cr

Satisfied Charges

₹20.61 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.00 Cr
  • Axis Bank Limited : 4.99 Cr
  • State Bank Of India : 0.45 Cr
  • Kotak Mahindra Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2024Axis Bank Limited₹4.99 CrOpen
09 Aug 2019Others₹6.00 CrOpen
15 Jun 2015Kotak Mahindra Bank Limited₹1.05 MOpen
20 May 2015State Bank Of India₹4.50 MOpen
27 Oct 2016Others₹6.30 MSatisfied

How Many Employees Work at Vora Wires Industries (India)?

Vora Wires Industries (India) has a workforce of 66 employees as of Apr 06, 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 growth trends for Vora Wires Industries (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vora Wires Industries (India), 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 Vora Wires Industries (India)'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.

Latest Updates, News, and FAQs on Vora Wires Industries (India)

Recent activity within the organization

  • Annual General Meeting

    Vora Wires Industries (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.99 Cr with Charge ID 100939430 was registered on 20 Jun 2024.

  • Balance Sheet

    Vora Wires Industries (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Director Appointment

    Jitendra Omkarsingh Singoria was appointed as a Director was appointed as a Director on 23 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Urmila Vora was appointed as a Director was appointed as a Director on 14 Mar 2023 & has been associated with this company since 2 years 3 months .

  • Charges

    A charge with Others of Rs. 6.00 Cr registered on 09 Aug 2019 with Charge ID 100281211 was modified on 23 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Vora Wires Industries (India) Limited?

    Vora Wires Industries (India) Limited was incorporated on 15 Oct 1996.

  • What is authorized share capital and paid-up capital of Vora Wires Industries (India) Limited?

    The authorized share capital of Vora Wires Industries (India) Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.60 Cr.

  • Who are the current board members & directors of Vora Wires Industries (India) Limited?

    Currently 5 directors are associated with Vora Wires Industries (India) Limited.

    • Archana Kanthed
    • Darshna Jain
    • Nilesh Kanthed
    • Urmila Vora
    • Jitendra Omkarsingh Singoria
  • What is the registered address of Vora Wires Industries (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vora Wires Industries (India) Limited is Plot No.D-1 D-2 Sector 'A' Industrial Area Sanwer Road, India, Indore, Madhya Pradesh, 452001.

  • What is the corporate identification number (CIN) and company number of Vora Wires Industries (India) Limited?

    The corporate identification number (CIN) of Vora Wires Industries (India) Limited is U27106MP1996PLC011326 and the company number is 011326 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vora Wires Industries (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vora Wires Industries (India) Limited has fallen by -27.86%.

  • How many employees does Vora Wires Industries (India) Limited currently have?

    As Per 2023 financial reports, 66 employees are currently employed by Vora Wires Industries (India) Limited.

  • What change has been observed in the net worth of Vora Wires Industries (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vora Wires Industries (India) Limited has experienced an downturn of -4.75%.

  • What are the total open charges for Vora Wires Industries (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vora Wires Industries (India) Limited amount to ₹ 11.55 Cr.

  • When was the last Balance Sheet of Vora Wires Industries (India) Limited filed with the ROC?

    The most recent Balance Sheet for Vora Wires Industries (India) Limited was filed with the ROC on 31 Mar 2024.

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