| Bharat Wire Ropes Ltd. | ||||||||||||||||||||
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Objectives :
1. To set up a proposed project of 66,000 MTPA wire ropes at MIDC Zone, at Chalisgaon, Dist: Jalgaon,Maharashtra
2. To meet General Corporate Expenses
3. To meet Issue Expenses
Business Description :
Incorporated in 1986, Bharat Wire Ropes Ltd (BWR) is engaged in manufacturing and sales of wire ropes, structural strands, slings and wires which find its application in in general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore / offshore oil exploration, ports and shipping, mining, defence, railways etc. Company is also engaged in the business of trading of the steel related products.
Company’s steel wire ropes manufacturing facility with an installed capacity of 12,000 MTPA is located at Atgaon. Company also have a Pyrolysis plant with an installed capacity of 1,260 MTPA at Chalisgaon, Maharashtra for production of oil, which is used as fuel its current manufacturing process.
Bharat Wire Ropes ltd is an ISO 9001:2008 certified company for the manufacture and supply of steel wire ropes, stainless steel wire ropes, non-ferrous wire ropes, slings, relevant conductors, wire for specialised applications and rope fittings in domestic and international market.
Company Financials:
| Particulars | For the year/period ended (in Rs. Million) | ||||
| 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | 31-Mar-11 | |
| Total Liabilities | 1,520.40 | 1,419.56 | 1,465.12 | 1,427.99 | 1,042.64 |
| Total Assets | 1,520.40 | 1,419.56 | 1,465.12 | 1,427.99 | 1,042.64 |
| Total Revenue | 767.22 | 822.95 | 743.97 | 770.23 | 769.95 |
| Profit After Tax (PAT) | 19.75 | 15.03 | 14.75 | 21.41 | 17.75 |
Bharat Wire Ropes IPO Lead Manager(s) :
