Paradise Wires Limited

Manufactures and trades wires and fastener items, incorporated in 2005 in New Delhi.

2005 | Delhi (India) | Active
Last Updated: January 03, 2025

Paradise Wires Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.08 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.94 Cr
  • Satisfied Charges ₹ 12.68 Cr
  • Revenue Growth 3.70%
  • Profit Growth 100.31%
  • Ebitda -2.66%
  • Net Worth 2.01%
  • Total Assets 1.69%

About Paradise Wires

Paradise Wires Limited (PWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 May 2005 and has a history of 19 years and nine months. Its registered office is in Delhi, India.

The Company is engaged in the Engineering 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 7.50 M and a paid-up capital of Rs 7.08 M.

The company currently has active open charges totaling ₹12.94 Cr. The company has closed loans amounting to ₹12.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhagwati Devi, Divay Pratap, Radhey Jha, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300DL2005PLC135766

  • Company No.

    135766

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 May 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering
Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Divay Pratap Country flag representing In Director 16-Mar-2011 Current
Bhagwati Devi Country flag representing In Director 16-Mar-2011 Current
Radhey Jha Country flag representing In Director 06-Jan-2015 Current
Saloni Jagga Country flag representing In Director 09-Feb-2019 Current

Financial Performance of Paradise Wires.

Paradise Wires Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.7% increase. The company also saw a substantial improvement in profitability, with a 100.31% increase in profit. The company's net worth moved up by a moderate rise of 2.01%.

Graph illustrating revenue growth over time
Graph showing 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
3.70%
Revenue from Operations
3.69%
Total Assets
1.69%
Profit or Loss
100.31%
Net Worth
2.01%
EBITDA
-2.66%

What is the Ownership and Shareholding Structure of Paradise Wires?

In 2023, Paradise 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹129.36 M

Satisfied Charges

₹126.84 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.49 Cr
  • Sidbi : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
18 Mar 2024 Sidbi ₹2.07 M Open
22 Feb 2024 Sidbi ₹2.40 M Open
09 Feb 2024 Hdfc Bank Limited ₹0.60 M Open
25 Jan 2024 Hdfc Bank Limited ₹0.80 M Open
16 Aug 2021 Hdfc Bank Limited ₹12.35 Cr Open

How Many Employees Work at Paradise Wires?

Paradise Wires has a workforce of 105 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paradise 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 Paradise 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 Paradise Wires

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 123.50 M registered on 16 Aug 2021 with Charge ID 100479176 was modified on 06 Nov 2024.

    06 Nov 2024

  • Annual General Meeting

    Paradise Wires Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Paradise Wires Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 2.07 M with Charge ID 100883181 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 2.40 M with Charge ID 100875004 was registered on 22 Feb 2024.

    22 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.60 M with Charge ID 100894457 was registered on 09 Feb 2024.

    09 Feb 2024

Frequently asked questions

  • Paradise Wires Limited was incorporated on 03 May 2005.

  • The authorized share capital of Paradise Wires Limited is ₹ 7.50 M and paid-up capital is ₹ 7.08 M.

  • Currently 4 directors are associated with Paradise Wires Limited.

    • Bhagwati Devi
    • Divay Pratap
    • Radhey Shyam Jha
    • Saloni Jagga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paradise Wires Limited is B-19 Ground Floor Greater Kailash Enclave 1, India, New Delhi, 110048.

  • The corporate identification number (CIN) of Paradise Wires Limited is U31300DL2005PLC135766 and the company number is 135766 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paradise Wires Limited is https://www.paradisewires.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paradise Wires Limited has risen by 3.70%.

  • As Per 2023 financial reports, 105 employees are currently employed by Paradise Wires Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paradise Wires Limited has experienced an upsurge of 2.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paradise Wires Limited amount to ₹ 12.94 Cr.

  • The most recent Balance Sheet for Paradise Wires Limited was filed with the ROC on 31 Mar 2024.

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