About Venkateswara Wires Pvt Ltd
Data last updated:
Venkateswara Wires Pvt Ltd is a private limited company based in Jaipur, Rajasthan, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 16 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U31300RJ1988PTC004446. Its GSTIN is 08AAACV5085F1Z8 (Rajasthan). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹68.91 Lakh. It is led by directors Siddharth Saboo and Sanjay Saboo.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 55 Road No.5 Vki Area, Jaipur, Rajasthan, India – 302013.
As per the financials filed for FY 2025, the company reported a revenue of ₹476.98 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹7.5 Cr (net margin 1.6%) and EBITDA of ₹22.4 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 22% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹229.52 Cr and satisfied charges of ₹56.7 Cr on record. Court records list 35 cases involving the company, including 18 filed by the company and 17 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website venwires.com.
Company details
Contact details
Venkateswara Wires Pvt Ltd's registered office is in Jaipur, Rajasthan. Its website is venwires.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 55 Road No.5 Vki Area, Jaipur, Rajasthan, India – 302013
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Venkateswara Wires Pvt Ltd, 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 activity of Venkateswara Wires is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Venkateswara Wires Pvt Ltd, buy the company report.
Financials of Venkateswara Wires Pvt Ltd
FY 2025 filings availableVenkateswara Wires Pvt Ltd reported revenue of ₹476.98 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 37% growth in the latest year. EBITDA rose 59% 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 |
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| EBITDA | ₹22.4 Cr | ||||
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| Net Profit (PAT) | ₹7.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Venkateswara Wires Pvt Ltd, buy the company report.
Board of directors of Venkateswara Wires Pvt Ltd
Venkateswara Wires has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Saboo Also directs: MLS Exports and Trading Pvt. Ltd, Neelkamal Textiles Mills Private Limited, Adinath Electricals Private Limited and 2 more | Director | 11 May 2017 | 9 Years 5 Months | Current |
| Sanjay Saboo Also directs: MLS Exports and Trading Pvt. Ltd, Neelkamal Textiles Mills Private Limited, Adinath Electricals Private Limited and 2 more | Director | 16 May 1988 | 38 Years 5 Months | Current |
Peer comparison
Venkateswara Wires Pvt Ltd is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Ram Cables Private Limited | ₹494.05 Cr (FY 2025) | 75.0% | Tijara, Rajasthan, India | |||
| NKM Cables and Strips Private Limited | ₹480.56 Cr (FY 2025) | 52.0% | Bhopal, Madhya Pradesh, India | |||
| Venkateswara Wires Pvt Ltdthis company | ₹476.98 Cr (FY 2025) | ₹7.5 Cr | 1.6% | 37.0% | 34 | Jaipur, Rajasthan, India |
| Suyog Electricals Limited | ₹439.78 Cr (FY 2025) | 15.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Venkateswara Wires Pvt Ltd, buy the company report.
Auditor
Venkateswara Wires Pvt Ltd is audited by H.S. DARDA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.S. DARDA & CO. | FY 2022 | 000889C |
Shareholding
The shareholding of Venkateswara Wires Pvt Ltd 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Venkateswara Wires Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101162129 | Others | ₹32.75 Cr | Open | |
| 16 Jul 2025 | 101134693 | Others | ₹52 Lakh | Open | |
| 25 Jun 2025 | 101126739 | Others | ₹15 Cr | Open | |
| 14 Oct 2024 | 101019339 | Hdfc Bank Limited | ₹28.8 Lakh | Open | |
| 25 Oct 2023 | 100817861 | Indian Bank | ₹3 Cr | Open |
To see the full charge records of Venkateswara Wires Pvt Ltd, buy the company report.
Total charge records: 39 View all charges
Legal cases
Venkateswara Wires Pvt Ltd has 35 court cases on record: 18 filed by Venkateswara Wires, 17 filed against it. 10 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 11 | 7 |
| District courts | 12 | 6 | 3 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed against the company by Isd Industries Pvt Ltd and Anr | Pending |
| District court, North Twenty Four Parganas, West Bengal | Arbitration matter | Filed by the company against Pecon Software Limited | Pending |
| District court, North Twenty Four Parganas, West Bengal | Arbitration matter | Filed by the company against Welkin Telecom Infra Pvt. Ltd. | Pending |
| Calcutta High Court | Court case (FAT) | Filed against the company by Rajpath Contractors and Engineers Ltd | Pending |
| Calcutta High Court | Court case (CO) | Filed against the company by M/S Sova Ispat Alloys (Mega Projects) Ltd | Pending |
To see the full case history of Venkateswara Wires Pvt Ltd, 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
Venkateswara Wires Pvt Ltd was last rated by Brickwork on 01 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 01 Feb 2022 |
To see the full credit ratings and regulatory alerts of Venkateswara Wires Pvt Ltd, buy the company report.
MSME payment delays
Venkateswara Wires Pvt Ltd has 3 MSME Form 1 returns on record between 2019 and 2024, listing 11 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Radha Rani Wire Product | |||
| Harit Polytech Private Limited | |||
| Radharani Metals Private Limited | |||
| Bajrang Wire Products (India) Private Limited |
To see the full MSME payment records of Venkateswara Wires Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Venkateswara Wires Pvt Ltd has a workforce of 34 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Venkateswara Wires has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACV5085F1Z8 | Rajasthan | Active | 01 Jul 2017 |
| 27AAACV5085F2Z7 | Maharashtra | Active | 07 Aug 2020 |
To see the full GST registrations and return filing status of Venkateswara Wires Pvt Ltd, buy the company report.
Recent activity
Venkateswara Wires Pvt Ltd has 4 board changes on record since 1988: 2 appointments and 2 cessations. The latest: Rohit Saboo ceased to be Director on 15 Mar 2023.
62 earlier events are in the company report.
Frequently asked questions
Venkateswara Wires is an active private limited company based in Jaipur, Rajasthan, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 16 May 1988 (38+ years old) and is registered under CIN U31300RJ1988PTC004446.
Venkateswara Wires has 2 current directors:
- Siddharth Saboo - Director
- Sanjay Saboo - Director
The latest financial statements of Venkateswara Wires on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Venkateswara Wires is 08AAACV5085F1Z8, registered in Rajasthan. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACV5085F2Z7 (Maharashtra).
The CIN (Corporate Identification Number) of Venkateswara Wires is U31300RJ1988PTC004446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venkateswara Wires has 35 court cases on record: 18 filed by the company and 17 filed against it. 10 are pending. Most are in the high courts.
Venkateswara Wires was incorporated on 16 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Venkateswara Wires by revenue are Sri Ram Cables Private Limited, NKM Cables and Strips Private Limited, Suyog Electricals Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rohit Saboo ceased to be Director on 15 Mar 2023. Abhay Kumar Bohra ceased to be Director on 12 Jun 2021. Siddharth Saboo was appointed as Director on 11 May 2017. Venkateswara Wires has 4 board changes on record in total.
Venkateswara Wires has 3 MSME Form 1 returns on record between 2019 and 2024, listing 11 overdue payments to 4 micro and small suppliers. The latest return was filed on 07 May 2024.
Venkateswara Wires can be reached through the website venwires.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Venkateswara Wires is at E – 55 Road No.5 Vki Area, Jaipur, Rajasthan, India – 302013.