About Wire Developers Private Limited
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Wire Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Wire Developers International Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2006PTC074919. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.95 Cr. It is led by directors Rabindra Samal Kumar and Iqbal Jumabhoy.
Its last annual general meeting (AGM) was held on 03 March 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at The Planet No. 54 Sy. No. 14 Khata No. 435 Whitefield Main Road, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.24 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹11.14 Cr (net margin -212.8%) and EBITDA of -₹9.94 Cr (EBITDA margin -189.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 1% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thewiregroup.com.
Company details
CIN history
Wire Developers has one previous CIN (Corporate Identification Number): U45200DL2006PTC154172. The current CIN is U45200KA2006PTC074919, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200KA2006PTC074919 | Current |
| U45200DL2006PTC154172 | Previous |
Contact details
Wire Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is thewiregroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressThe Planet No. 54 Sy. No. 14 Khata No. 435 Whitefield Main Road, Bangalore, Karnataka, India – 560066
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Wire Developers 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
Business activity
The main business activity of Wire Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Wire Developers Private Limited, buy the company report.
Financials of Wire Developers Private Limited
FY 2020 filings availableWire Developers Private Limited reported revenue of ₹5.24 Cr (down 38% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.24 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹9.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.14 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -189.8% | ||||
| Net Profit Margin | -212.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Wire Developers Private Limited, buy the company report.
Board of directors of Wire Developers Private Limited
Wire Developers has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rabindra Samal Kumar Also directs: First Qube Corporate Solutions LLP, Cape Geospatial Services LLP, Circle Asia(India) Private Limited and 5 more | Director | 22 Mar 2019 | 7 Years 7 Months | Current |
| Iqbal Jumabhoy | Director | 25 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Wire Developers Private Limited is audited by VASAN & SAMPATH LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASAN & SAMPATH LLP | FY 2020 | 004542S |
Shareholding
The shareholding of Wire Developers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Wire Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wire Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wire Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wire Developers Private Limited has a workforce of 10 employees on its EPFO records as of Feb 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 10 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Wire Developers Private Limited, buy the company report.
GST
Wire Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Wire Developers Private Limited, buy the company report.
Recent activity
Wire Developers Private Limited has 12 board changes on record since 2007: 2 appointments and 10 cessations. The latest: Rabindra Samal Kumar ceased to be Additional Director on 25 Nov 2019.
3 earlier events are in the company report.
Frequently asked questions
Wire Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 September 2006 (20+ years old) and is registered under CIN U45200KA2006PTC074919.
Wire Developers has 2 current directors:
- Rabindra Samal Kumar - Director
- Iqbal Jumabhoy - Director
The latest financial statements of Wire Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 03 March 2021. Year-wise statements from 2015 are in the company report.
No. Wire Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Wire Developers is U45200KA2006PTC074919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wire Developers was incorporated on 21 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Rabindra Samal Kumar ceased to be Additional Director on 25 Nov 2019. Rabindra Samal Kumar was appointed as Director on 22 Mar 2019. Ashok Kumar Aswatha Narayana Segu ceased to be Whole-Time Director on 15 Jun 2017. Wire Developers has 12 board changes on record in total.
Wire Developers can be reached through the website thewiregroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Wire Developers is at The Planet No. 54 Sy. No. 14 Khata No. 435 Whitefield Main Road, Bangalore, Karnataka, India – 560066.
Wire Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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