Coastal Wire Ropes Private Limited

Manufactures steel wire rope, combination ropes, and lifting equipment.

1995 | Thane, Maharashtra (India) | Active
Last Updated:

Coastal Wire Ropes Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.75 Cr
  • Satisfied Charges ₹ 4.17 Cr
  • Revenue Growth -57.80%
  • Profit Growth -42.34%
  • Ebitda -140.01%
  • Net Worth 3.51%
  • Total Assets 18.16%

About Coastal Wire Ropes

Coastal Wire Ropes Private Limited (CWRPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 June 1995 and has a history of 29 years and eight months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Mega Ropes (India) 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.20 M.

The company currently has active open charges totaling ₹8.75 Cr. The company has closed loans amounting to ₹4.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nisha Pandey, Jyoti Tiwari, Bhupendra Pandey, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27202MH1995PTC089623

  • Company No.

    089623

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Coastal Wire Ropes Private Limited

Explore comprehensive data for Coastal Wire Ropes Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Coastal Wire Ropes?

Board Members (5)

NameDesignationAppointment DateStatus
Janardan Pandey Country flag representing In Director 01-Dec-2009Current
Bhupendra Pandey Country flag representing In Director 30-Nov-2009Current
Nisha Pandey Country flag representing In Director 11-May-2023Current
Jyoti Tiwari Country flag representing In Director 11-May-2023Current
Prince Pandey Country flag representing In Director 29-May-2023Current

Financial Performance of Coastal Wire Ropes.

Coastal Wire Ropes Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.8% decrease. The company also saw a substantial fall in profitability, with a 42.34% decrease in profit. The company's net worth moved up by a moderate rise of 3.51%.

Coastal Wire Ropes revenue growth over time
Coastal Wire Ropes profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-57.80%
Revenue from Operations
-64.41%
Total Assets
18.16%
Profit or Loss
-42.34%
Net Worth
3.51%
EBITDA
-140.01%

What is the Ownership and Shareholding Structure of Coastal Wire Ropes?

In 2023, Coastal Wire Ropes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹87.50 M

Satisfied Charges

₹41.66 M

Charges Breakdown by Lending Institutions

  • Others : 8.75 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2023Others₹8.75 CrOpen
23 Nov 2020Axis Bank Limited₹2.50 CrSatisfied
01 Dec 2009Canara Bank₹9.20 MSatisfied
10 Jun 1998State Bank Of India₹1.50 MSatisfied
03 Apr 1997Maharashtra State Financial Corporation₹5.96 MSatisfied

How Many Employees Work at Coastal Wire Ropes?

Coastal Wire Ropes has a workforce of 40 employees as of Mar 28, 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.

Employee growth trends for Coastal Wire Ropes Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coastal Wire Ropes, 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 Coastal Wire Ropes's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Coastal Wire Ropes

Recent activity within the organization

  • Annual General Meeting

    Coastal Wire Ropes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Coastal Wire Ropes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 23 Nov 2020 via Charge ID 100396796 with Axis Bank Limited was fully satisfied on 05 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 87.50 M with Charge ID 100783343 was registered on 23 Aug 2023.

  • Director Appointment

    Prince Pandey was appointed as a Director was appointed as a Director on 29 May 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Nisha Bhupendra Pandey was appointed as a Director was appointed as a Director on 11 May 2023 & has been associated with this company since 1 year 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Coastal Wire Ropes Private Limited?

    Coastal Wire Ropes Private Limited was incorporated on 16 Jun 1995.

  • What is authorized share capital and paid-up capital of Coastal Wire Ropes Private Limited?

    The authorized share capital of Coastal Wire Ropes Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.20 M.

  • Who are the current board members & directors of Coastal Wire Ropes Private Limited?

    Currently 5 directors are associated with Coastal Wire Ropes Private Limited.

    • Nisha Bhupendra Pandey
    • Jyoti Virendranath Tiwari
    • Bhupendra Shaligram Pandey
    • Janardan Shaligram Pandey
    • Prince Pandey

  • What is the registered address of Coastal Wire Ropes Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Coastal Wire Ropes Private Limited is J-64/4 M.I.D.C. Addl., Kudavali India, Murbad, Maharashtra, 421401.

  • What is the corporate identification number (CIN) and company number of Coastal Wire Ropes Private Limited?

    The corporate identification number (CIN) of Coastal Wire Ropes Private Limited is U27202MH1995PTC089623 and the company number is 089623 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Coastal Wire Ropes Private Limited?

    The Official website of Coastal Wire Ropes Private Limited is https://www.megalinkchains.com

  • What has been the recent revenue trend for Coastal Wire Ropes Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Coastal Wire Ropes Private Limited has fallen by -57.80%.

  • How many employees does Coastal Wire Ropes Private Limited currently have?

    As Per 2023 financial reports, 40 employees are currently employed by Coastal Wire Ropes Private Limited.

  • What change has been observed in the net worth of Coastal Wire Ropes Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Coastal Wire Ropes Private Limited has experienced an upsurge of 3.51%.

  • What are the total open charges for Coastal Wire Ropes Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Coastal Wire Ropes Private Limited amount to ₹ 8.75 Cr.

  • When was the last Balance Sheet of Coastal Wire Ropes Private Limited filed with the ROC?

    The most recent Balance Sheet for Coastal Wire Ropes Private Limited was filed with the ROC on 31 Mar 2024.

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