Promoter holding
64.27%
VW
Versatile Wires Ltd - Due diligence report
A 360° intelligence report on Versatile Wires Ltd: trust score, financial health, credit view, compliance, directors, growth and distress si…
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Versatile Wires Ltd — 360° Intelligence Report
Generated from MCA filings & public records77/100
Trust Score
Low Risk
Versatile Wires Ltd is assessed as Low Risk with a Trust Score of 77/100. Versatile Wires Ltd is an active public limited indian non-government company incorporated in 1993, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.
Report generated on 16 Aug 2026 from the latest processed filings. Versatile Wires Ltd snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
77/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 35/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 6 open (21.39 cr) · 4 satisfied (22.85 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 4 | 48.0 cr |
| State Bank Of India | 1 | 48.0 cr |
| Industrial Development Bank Of India | 3 | 48.0 cr |
| Sidbi | 2 | 48.0 cr |
Compliance Score: 86/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- 1 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| KALYAN MAL MODI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| LOKESH KHEMKA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SIDDHARTHA RAY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SURENDRA KUMAR KHAITAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KALYAN MAL MODI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VINEET KHEMANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Puja Purohit | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 7 directors on the board.
- VINEET KHEMANI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 2 transfer(s)
Promoters hold the largest single block of equity - exact percentages are part of the full report.
Key managerial personnel: KALYAN MAL MODI (CFO) · LOKESH KHEMKA (Managing Director) · KALYAN MAL MODI (CFO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 50 · Distress 75
Growth signals & trust indicators
Operating for 32+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
6 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence80/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment57/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 6 open charge(s) of 21.39 cr already registered.
- Compliance record supports lending.
Investor view62/100
Mixed indicators
Growth quality and scalability through an investor lens.
- No clear growth signals in the filed years.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events08 Jun 2026
Charge created
Others - 2.10 cr
23 Mar 2026
Charge created
Others - 1.50 cr
04 Nov 2025
Charge created
Others - 13.50 Lakh
30 Sep 2025
Last AGM held
Annual general meeting
13 Aug 2025
Charge created
Sidbi - 92.04 Lakh
28 Apr 2025
Director appointed
Puja Purohit (Additional Director)
31 Mar 2025
Latest balance sheet
Filed with ROC
15 Jan 2025
Charge satisfied
State Bank Of India
26 Sep 2024
Charge created
Others - 14.73 cr
17 Aug 2023
Charge created
Sidbi - 2.00 cr
12 Jan 2023
Director appointed
VINEET KHEMANI (Director)
16 Dec 2022
Director ceased
SRIRAM KHEMKA
17 Feb 2020
Securities allotted
526000 Equity Shares - 52.60 Lakh raised
01 Jun 2019
Director appointed
KALYAN MAL MODI (CFO)
31 Mar 2019
Share transfer (FY 2019)
500.00000000 shares to SAMIR SINGH
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Key Observations
Auto-generated from the data aboveRevenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
7 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
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| Arun Smelters Private Limited | U27105TN1994PTC027428 | Chennai, Tamil Nadu, India |
| Anovi Engineering Private Limited | U28999GJ2009PTC056742 | Vadodara, Gujarat, India |
| Almetal Industries Private Limited | U27100WB2008PTC129372 | Howrah, West Bengal, India |
| Jacinth Engineering Private Limited | U28112MH2005PTC152704 | Mumbai, Maharashtra, India |
| Durgapur Tubes Pvt Ltd | U27109WB1987PTC041767 | Durgapur, West Bengal, India |
| Prajapati Foundry Private Limited | U99999MH1984PTC033436 | Thane, Maharashtra, India |
| C. S. Wires Private Limited | U31300TG1986PTC006082 | Andhra Pradesh, Telangana, India |
| Shagun Castings Private Limited | U27320MH1995PTC088132 | Kolhapur, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Versatile Wires Ltd before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Versatile Wires Ltd: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Versatile Wires Ltd - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 77/100, distress signals and MSME payment-delay disclosures - know whether Versatile Wires Ltd pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Versatile Wires Ltd - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Versatile Wires Ltd an active company?
Versatile Wires Ltd has MCA status “Active” with a compliance score of 86/100 (Low Risk).
Is Versatile Wires Ltd financially healthy?
Versatile Wires Ltd has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.
Should I do business with Versatile Wires Ltd?
Its overall Trust Score is 77/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Versatile Wires Ltd?
Promoters hold the largest single block of equity - exact percentages are in the full report. 7 active director(s) are on record.
Does Versatile Wires Ltd have loans or charges against its assets?
6 open charge(s) are registered against its assets, and 4 earlier charge(s) stand satisfied.
Is Versatile Wires Ltd up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).
Is it risky to lend to Versatile Wires Ltd?
Its Credit Risk Score is 35/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
