Choice Wires Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 38 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 64.01 Cr
- Revenue Growth -16.72%
- Profit Growth -262.38%
- Ebitda -37.30%
- Net Worth 34.83%
- Total Assets 6.97%
About Choice Wires
Choice Wires Private Limited (CWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 September 1986 and has a history of 38 years and four months. Its registered office is in Krishnagiri, Tamil Nadu, India.
The Corporate was formerly known as Deccan Wires And Welding Products Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company has closed loans amounting to ₹64.01 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rajiv Jain and Arathi Jain serve as directors at the Company.
Company Details
- Location
Krishnagiri, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31300TZ1986PTC001848
- Company No.
001848
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Sep 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Choice Wires Private Limited offer?
Choice Wires Private Limited offers a wide range of products and services, including Nails & Pins, Wire Nails, Metal and Alloy Wires, Iron Wire, Binding Wire, Steel Wire, Steel Bars, Rods, Plates & Sheets, Mild Steel Bars.
Who are the key members and board of directors at Choice Wires?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Jain  | Managing Director | 29-Sep-1986 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arathi Jain | Director | 08-May-1987 | Current |
Financial Performance of Choice Wires.
Choice Wires Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 16.72% decrease. The company also saw a substantial fall in profitability, with a 262.38% decrease in profit. The company's net worth Soared by an impressive increase of 34.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Choice Wires?
In 2021, Choice Wires had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹64.01 Cr
Charges Breakdown by Lending Institutions
- Ing Vysya Bank Limited : 30.80 Cr
- Hdfc Bank Limited : 24.98 Cr
- Indian Bank : 8.15 Cr
- The Tamilnadu Industrial Investment Corporation Limited : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2020 | Hdfc Bank Limited | ₹2.73 Cr | Satisfied |
| 08 Oct 2015 | Hdfc Bank Limited | ₹22.25 Cr | Satisfied |
| 08 Aug 2013 | Ing Vysya Bank Limited | ₹15.65 Cr | Satisfied |
| 29 Jun 2013 | Ing Vysya Bank Limited | ₹15.15 Cr | Satisfied |
| 18 Dec 2002 | Indian Bank | ₹8.00 Cr | Satisfied |
How Many Employees Work at Choice Wires?
Choice Wires has a workforce of 3 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Choice Wires, 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 Choice Wires's trajectory.
Rating
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
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