Covered Wires Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 1.75 Cr
as on 23-10-2024
- Company Age 52 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.00 M
as on 23-10-2024
- Satisfied Charges ₹ 12.35 Cr
as on 23-10-2024
- Revenue -85.81%
(FY 2023)
- Profit -557.54%
(FY 2023)
- Ebitda -115.63%
(FY 2023)
- Net Worth -19.79%
(FY 2023)
- Total Assets -3.61%
(FY 2023)
About Covered Wires
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.
- 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
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
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.
Who are the key members and board of directors at Covered Wires?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Mehta  | Director | 13-Mar-1972 | Current |
| Parul Mehta | Director | 18-Dec-2010 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Covered Wires?
In 2023, Covered 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.
Related Corporates (Common Directorship)
Terraplazo Realty Management Private LimitedActive 52 years 11 monthsVinod Mehta is a mutual person
- Mulund Properties Developers Pvt LtdActive 41 years 3 months
Vinod Mehta and Parul Mehta are mutual person
- Sona Construction And Metal Industries Private LimitedActive 52 years 9 months
Vinod Mehta is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Dena Bank Creation Date: 22 Aug 1983 | ₹2.00 M | Open |
Bank Of India Creation Date: 01 Jul 1983 | ₹2.00 M | Open |
Bank Of India Creation Date: 01 Jul 1983 | ₹2.00 M | Open |
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.
Deals i
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
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
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.
