Wear Steels Private Limited - Company Profile

It is a manufacturing private limited company based in Dharwad, Karnataka, India, established in 2008.
2008 Dharwad, Karnataka, India Active
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About Wear Steels Private Limited

Wear Steels Private Limited, a active private limited company, was established on 17 March 2008 in Dharwad, Karnataka, India. Engaging in die casting & metal forming within the manufacturing sector, it holds CIN: U13209KA2008PTC045646. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹3.00 Cr.

Formerly known as Wear Steels Private Limited, Sfsl Steels Private Limited. It upholds a compliant status. Employing 126 professional, Its leadership includes Prakash Pai Peraje (Director), Vivek Narshim Rao (Whole-Time Director), Ananth Pai Peraje (Additional Director). Past directors included Gopalakrishna Vallabhajosyula Murthy, Abhijeet Pai, Prakash Pai Peraje. It holds ₹5.00 Cr open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 172, Darwad Groth Center Belur Industrial Area, Dharwad, Karnataka, 580011.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U13209KA2008PTC045646

  • Registration Number

    045646

  • Incorporation Date

    17 March 2008

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹3.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth **** 37.55%
  • Profit Growth **** 138.62%
  • Ebitda **** 94.40%
  • Net Worth 30.87%
  • Total Assets **** 37.24%
Company report

Wear Steels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Wear Steels 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 Wear Steels Private Limited?
Current Directors
Name Designation Appointment Date Status
Prakash Pai Peraje Director 26 May 2025 Current
Vivek Narshim Rao Whole-Time Director 01 Jun 2008 Current
Ananth Pai Peraje Additional Director 03 Jul 2025 Current
Shivananda Nayak Whole-Time Director 10 Apr 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 Jul 2021 Past
Pramod Abcsdd Director 19 Mar 2021 Past
Pramod Abcsdd Director 01 Jan 2009 Past
Pramod Abcsdd Whole-Time Director 31 Mar 2015 Past
Pramod Abcsdd Director 01 Jan 2009 Past
Pramod Abcsdd Director 31 Jul 2008 Past

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Financial Performance of Wear Steels.

Wear Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.55% increase. The company also saw a substantial improvement in profitability, with a 138.62% increase in profit. The company's net worth Soared by an impressive increase of 30.87%.

Wear Steels revenue growth over time
Wear Steels 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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 37.55%
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Revenue from Operations
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 37.93%
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Total Assets
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 37.24%
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Profit or Loss
*******
 138.62%
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Net Worth
*******
 30.87%
*******
*******
*******
*******
EBITDA
*******
 94.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Wear Steels?

In 2023, Wear Steels had a promoter holding of 100.00%. The company had 4 Associate Companies. 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

₹50,000,000.00

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
05 Sep 2023 Others ₹5.00 Cr Open
25 May 2010 State Bank Of India ₹5.00 Cr Satisfied

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How Many Employees Work at Wear Steels?

Wear Steels has a workforce of 126 employees as of Mar 29, 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 Wear Steels, 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 Wear Steels'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 Wear Steels
Recent Activity within the Organization
  • Director Appointment

    Ananth Pai Peraje was appointed as a Additional Director was appointed as a Additional Director on 03 Jul 2025 & has been associated with this company since 8 months 4 days . was recorded as a recent event.

  • Director Appointment

    The activity Prakash Pai Peraje was appointed as a Director was appointed as a Director on 26 May 2025 & has been associated with this company since 9 months 12 days . was completed.

  • Annual General Meeting

    Progress on Wear Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Wear Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100784138 was registered on 05 Sep 2023. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 25 May 2010 via Charge ID 10233730 with State Bank Of India was fully satisfied on 29 Mar 2022. was documented.

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Frequently Asked Questions
What is the CIN of Wear Steels Private Limited?

The CIN of Wear Steels Private Limited is U13209KA2008PTC045646.

Where is Wear Steels Private Limited headquartered?

Wear Steels Private Limited is headquartered at Plot No 172, Darwad Groth Center Belur Industrial Area, Dharwad, Karnataka, 580011.

When was Wear Steels Private Limited incorporated?

Wear Steels Private Limited was incorporated on 17 March 2008.

Who are the current directors of Wear Steels Private Limited?

The current directors of Wear Steels Private Limited are

What is the primary industry of Wear Steels Private Limited?

The primary industry of Wear Steels Private Limited is Manufacturing.

Is Wear Steels Private Limited a listed company?

Wear Steels Private Limited is unlisted.

What is the capital structure of Wear Steels Private Limited?

The authorized capital of Wear Steels Private Limited is ₹3.00 Cr, and the paid-up capital is ₹3.00 Cr.

What is the compliance status of Wear Steels Private Limited?

The compliance status of Wear Steels Private Limited is Compliant.

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