Wrode and Wire Private Limited
About Wrode and Wire Private Limited
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Wrode and Wire Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 26 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1998PTC115519. Its GSTIN is 27AAACN6550B1ZS (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was formerly known as Hetal Steels Private Limited and Nimit Steels Private Limited. It is led by directors Rajeshwari Haresh Bhansali (Managing Director) and Hetal Akshay Bhansali.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 201 Swastik Disha Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.08 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.54 Lakh (net margin 0.4%) and EBITDA of ₹12.16 Lakh (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 50% over five years.
As per MCA filings, the company has satisfied charges of ₹2.3 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Wrode and Wire has undergone 3 name changes throughout its history. The company was previously known as Hetal Steels Private Limited, Nimit Steels Private Limited, and Ringwires Private Limited. The current legal name is Wrode And Wire Private Limited.
| Company Name | Status |
|---|---|
| Wrode and Wire Private Limited | Current |
| Hetal Steels Private Limited | Previous |
| Nimit Steels Private Limited | Previous |
| Ringwires Private Limited | Previous |
Contact details
Wrode and Wire Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 201 Swastik Disha Corporate Park Opp Shreyash Talkies L.B.S. Marg Ghatko, Par (W), Mumbai, Maharashtra, India – 400086
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Wrode and Wire 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 Wrode and Wire is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wrode and Wire Private Limited, buy the company report.
Financials of Wrode and Wire Private Limited
FY 2020 filings availableWrode and Wire Private Limited reported revenue of ₹9.08 Cr (down 20% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 20% fall in the latest year. EBITDA fell 14% 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 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 | ₹9.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.54 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Wrode and Wire Private Limited, buy the company report.
Board of directors of Wrode and Wire Private Limited
Wrode and Wire has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshwari Haresh Bhansali Also directs: Suraj-Deep Bars and Wires LLP | Managing Director | 30 Sep 2018 | 8 Years 0 Months | Current |
| Hetal Akshay Bhansali | Director | 21 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Wrode and Wire Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raj Aluminium Private Limited | ₹9.14 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| NCR Marketing Private Limited | ₹9.14 Cr (FY 2021) | 56.0% | Delhi, India | |||
| Yayaati Marketing Private Limited | ₹9.09 Cr (FY 2024) | -17.0% | Ahmedabad, Gujarat, India | |||
| Wrode and Wire Private Limitedthis company | ₹9.08 Cr (FY 2020) | ₹3.54 Lakh | 0.4% | -20.0% | Mumbai, Maharashtra, India | |
| M.S. V. Alloys Private Limited | ₹9.04 Cr (FY 2022) | -34.0% | Ahmedabad, Gujarat, India | |||
| Shri Krishnabihari Steels Private Limited | ₹8.93 Cr (FY 2024) | 55.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Wrode and Wire Private Limited, buy the company report.
Auditor
Wrode and Wire Private Limited is audited by N H VARIAVA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N H VARIAVA & CO | FY 2020 | 150902W |
Shareholding
The shareholding of Wrode and Wire Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Wrode and Wire Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2001 | 90160021 | Abhyudaya Co-Op. Bank Ltd | ₹1 Cr | Satisfied | |
| 27 Mar 1999 | 90159799 | Abhyudaya Co-Op. Bank Ltd | ₹1.3 Cr | Satisfied |
To see the full charge records of Wrode and Wire Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Wrode and Wire Private Limited has 9 court cases on record: 7 filed by Wrode and Wire, 2 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SCNCP) | Filed by the company against Ganesh Benzoplast Ltd. | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Thylssenkrupp Electrical Steel India Private Ltd. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Jenil Steel Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Wrode and Wire Private Limited, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wrode and Wire Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wrode and Wire has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN6550B1ZS | Maharashtra | Active | 01 Jul 2017 |
| 24AAACN6550B1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wrode and Wire Private Limited, buy the company report.
Recent activity
Wrode and Wire Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Kalpesh Bharat Shah ceased to be Director on 05 Dec 2018.
5 earlier events are in the company report.
Frequently asked questions
Wrode and Wire is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 26 June 1998 (28+ years old) and is registered under CIN U27100MH1998PTC115519.
Wrode and Wire has 2 current directors:
- Rajeshwari Haresh Bhansali - Managing Director
- Hetal Akshay Bhansali - Director
The latest financial statements of Wrode and Wire on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Wrode and Wire is 27AAACN6550B1ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACN6550B1ZY (Gujarat).
The CIN (Corporate Identification Number) of Wrode and Wire is U27100MH1998PTC115519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wrode and Wire has 9 court cases on record: 7 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Wrode and Wire was incorporated on 26 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Wrode and Wire by revenue are Raj Aluminium Private Limited, NCR Marketing Private Limited, Yayaati Marketing Private Limited, M.S. V. Alloys Private Limited, Shri Krishnabihari Steels Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Kalpesh Bharat Shah ceased to be Director on 05 Dec 2018. Rajeshwari Haresh Bhansali was appointed as Managing Director on 30 Sep 2018. Milankumar Jayantkumar Mehta ceased to be Director on 22 Jun 2018. Wrode and Wire has 8 board changes on record in total.
The registered office of Wrode and Wire is at Office No. 201 Swastik Disha Corporate Park Opp Shreyash Talkies L.B.S. Marg Ghatko, Par W, Mumbai, Maharashtra, India – 400086.
Wrode and Wire operates in the metals and minerals industry, in the metal retail and distribution segment.