Covered Wires Private Limited

Sells various electrical products such as wires, cables, connectors, and trays.

1972 | Thane, Maharashtra (India) | Active
Last Updated:

Covered Wires Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 53 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 M
  • Satisfied Charges ₹ 12.35 Cr
  • Revenue Growth -85.81%
  • Profit Growth -557.54%
  • Ebitda -118.52%
  • Net Worth -19.79%
  • Total Assets -3.61%

About Covered Wires

Covered Wires Private Limited (CWPL) was founded in India on 15 January 1972 and has a glorious history of 53 years and two months.Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Covered Wires Limited. The Company is engaged in the Consumer Electronics & Durables 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 2.00 Cr and a paid-up capital of Rs 1.75 Cr.

The company currently has active open charges totaling ₹6.00 M. The company has closed loans amounting to ₹12.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinod Mehta and Parul Mehta 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

    U99999MH1972PTC015551

  • Company No.

    015551

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1972

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Covered Wires Private Limited offer?

Covered Wires Private Limited offers a wide range of products and services, including Cable Trays, GI Perforated Cable Trays, Winding Wire, Copper Winding Wire, Metal Sheets, Copper Sheet, Control Cable, Power Control Cable, Copper & Brass Products, Copper Components.

Company report

Covered Wires Private Limited

Explore comprehensive data for Covered Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Covered Wires?

Board Members (2)

NameDesignationAppointment DateStatus
Vinod Mehta Country flag representing In Director 13-Mar-1972Current
Parul Mehta Country flag representing In Director 18-Dec-2010Current

Financial Performance of Covered Wires.

Covered Wires Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 85.81% decrease. The company also saw a substantial fall in profitability, with a 557.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.79%.

Covered Wires revenue growth over time
Covered Wires 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
-85.81%
Revenue from Operations
Total Assets
-3.61%
Profit or Loss
-557.54%
Net Worth
-19.79%
EBITDA
-118.52%

What is the Ownership and Shareholding Structure of Covered Wires?

Unlock access to Covered Wires's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.60 Cr

Satisfied Charges

₹12.35 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.40 Cr
  • Dena Bank : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 1983Dena Bank₹2.00 MOpen
01 Jul 1983Bank Of India₹2.00 MOpen
01 Jul 1983Bank Of India₹2.00 MOpen
31 Mar 1995Dena Bank₹4.00 MSatisfied
25 Jul 1994Bank Of Bherian And Kuwait Bsc₹2.61 CrSatisfied

How Many Employees Work at Covered Wires?

Unlock and access historical data on people associated with Covered Wires, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Covered Wires Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covered 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 Covered Wires'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 Covered Wires

Recent activity within the organization

  • Annual General Meeting

    Covered Wires Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Covered Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Parul Vinod Mehta was appointed as a Director was appointed as a Director on 18 Dec 2010 & has been associated with this company since 14 years 3 months .

  • Charges

    A charge registered on 31 Mar 1995 via Charge ID 90215442 with Dena Bank was fully satisfied on 12 May 2005.

  • Charges

    A charge registered on 21 Dec 1993 via Charge ID 90215373 with Dena Bank was fully satisfied on 12 May 2005.

  • Charges

    A charge registered on 27 Jun 1988 via Charge ID 90215157 with Dena Bank was fully satisfied on 12 May 2005.

Frequently asked questions

  • What is the Incorporation or founding date of Covered Wires Private Limited?

    Covered Wires Private Limited was incorporated on 15 Jan 1972.

  • What is authorized share capital and paid-up capital of Covered Wires Private Limited?

    The authorized share capital of Covered Wires Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.75 Cr.

  • Who are the current board members & directors of Covered Wires Private Limited?

    Currently 2 directors are associated with Covered Wires Private Limited.

    • Vinod Dulerai Mehta
    • Parul Vinod Mehta

  • What is the registered address of Covered Wires Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Covered Wires Private Limited is B 32 Wagle Indl Estateroad No 18 India, Thane, Maharashtra, 400604.

  • What is the corporate identification number (CIN) and company number of Covered Wires Private Limited?

    The corporate identification number (CIN) of Covered Wires Private Limited is U99999MH1972PTC015551 and the company number is 015551 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Covered Wires Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Covered Wires Private Limited has fallen by -85.81%.

  • What change has been observed in the net worth of Covered Wires Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Covered Wires Private Limited has experienced an downturn of -19.79%.

  • What are the total open charges for Covered Wires Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Covered Wires Private Limited amount to ₹ 6.00 M.

  • When was the last Balance Sheet of Covered Wires Private Limited filed with the ROC?

    The most recent Balance Sheet for Covered Wires Private Limited was filed with the ROC on 31 Mar 2023.

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