Paramount Wires And Cables Limited.

Manufactures various types of cables for different industries.

1987 | Delhi, Delhi (India) | Active
Last Updated:

Paramount Wires And Cables Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.75 Cr
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.63 Cr
  • Satisfied Charges ₹ 50.76 Cr
  • Revenue Growth 90.61%
  • Profit Growth 52.68%
  • Ebitda -1.14%
  • Net Worth -11.49%
  • Total Assets 10.55%

About Paramount Wires And Cables

Paramount Wires And Cables Limited. (PWACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 July 1987 and has a history of 37 years and seven months. Its registered office is in Delhi, Delhi, India.

The Corporate was formerly known as Paramount Wires And Allied Industries 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 7.00 Cr and a paid-up capital of Rs 5.75 Cr.

The company currently has active open charges totaling ₹20.63 Cr. The company has closed loans amounting to ₹50.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tushar Aggarwal, Dhruv Aggarwal, Raj Aggarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pwcl.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909DL1987PLC028649

  • Company No.

    028649

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 1987

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Paramount Wires And Cables?

Executive Team (1)

NameDesignationAppointment DateStatus
Dhruv Aggarwal Country flag representing In Managing Director15-Jul-2013Current

Board Members (5)

NameDesignationAppointment DateStatus
Parth Aggarwal Country flag representing In Whole-Time Director 09-Dec-2015Current
Tushar Aggarwal Country flag representing In Whole-Time Director 15-Jul-2013Current
Raj Aggarwal Country flag representing In Director 28-Mar-2019Current
Ajay Dhar Country flag representing In Director 19-Jul-2018Current
Satish Gupta Country flag representing In Director 21-Mar-2001Current

Financial Performance of Paramount Wires And Cables.

Paramount Wires And Cables Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 90.61% increase. The company also saw a substantial improvement in profitability, with a 52.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.49%.

Paramount Wires And Cables revenue growth over time
Paramount Wires And Cables 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
90.61%
Revenue from Operations
90.98%
Total Assets
10.55%
Profit or Loss
52.68%
Net Worth
-11.49%
EBITDA
-1.14%

What is the Ownership and Shareholding Structure of Paramount Wires And Cables?

In 2023, Paramount Wires And Cables had a promoter holding of 53.34% and a public holding of 46.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.63 Cr

Satisfied Charges

₹50.76 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.38 Cr
  • The South Indian Bank Limited : 0.99 Cr
  • Canara Bank : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
09 Nov 2021Canara Bank₹2.55 MOpen
13 May 2019The South Indian Bank Limited₹9.90 MOpen
15 Sep 2018Others₹0.41 MOpen
23 Nov 2017Others₹3.40 MOpen
15 Nov 2017Others₹19.00 CrOpen

How Many Employees Work at Paramount Wires And Cables?

Paramount Wires And Cables has a workforce of 36 employees as of Apr 04, 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 Paramount Wires And Cables Limited.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Wires And Cables, 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 Paramount Wires And Cables'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 Paramount Wires And Cables

Recent activity within the organization

  • Annual General Meeting

    Paramount Wires And Cables Limited. last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Paramount Wires And Cables Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.26 Cr with Charge ID 100506131 was registered on 09 Nov 2021.

  • Charges

    A charge with Others of Rs. 19.00 Cr registered on 15 Nov 2017 with Charge ID 100135075 was modified on 04 Aug 2021.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100264862 was registered on 13 May 2019.

  • Director Appointment

    Raj Kumar Aggarwal was appointed as a Director was appointed as a Director on 28 Mar 2019 & has been associated with this company since 5 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Paramount Wires And Cables Limited.?

    Paramount Wires And Cables Limited. was incorporated on 17 Jul 1987.

  • What is authorized share capital and paid-up capital of Paramount Wires And Cables Limited.?

    The authorized share capital of Paramount Wires And Cables Limited. is ₹ 7.00 Cr and paid-up capital is ₹ 5.75 Cr.

  • Who are the current board members & directors of Paramount Wires And Cables Limited.?

    Currently 6 directors are associated with Paramount Wires And Cables Limited..

    • Tushar Aggarwal
    • Dhruv Aggarwal
    • Raj Kumar Aggarwal
    • Parth Aggarwal
    • Ajay Dhar
    • Satish Kumar Gupta

  • What is the registered address of Paramount Wires And Cables Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Wires And Cables Limited. is M5A Bahubali 1St Floor Block-59 Plot No.-59/17 New Rohtak Road Karol B, Agh, Delhi, India, 110005.

  • What is the corporate identification number (CIN) and company number of Paramount Wires And Cables Limited.?

    The corporate identification number (CIN) of Paramount Wires And Cables Limited. is U31909DL1987PLC028649 and the company number is 028649 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paramount Wires And Cables Limited.?

    The Official website of Paramount Wires And Cables Limited. is https://www.pwcl.co.in

  • What has been the recent revenue trend for Paramount Wires And Cables Limited.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Wires And Cables Limited. has risen by 90.61%.

  • How many employees does Paramount Wires And Cables Limited. currently have?

    As Per 2023 financial reports, 36 employees are currently employed by Paramount Wires And Cables Limited..

  • What change has been observed in the net worth of Paramount Wires And Cables Limited., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Wires And Cables Limited. has experienced an downturn of -11.49%.

  • What are the total open charges for Paramount Wires And Cables Limited.?

    As per the financial statements for fiscal Year 2023, The total open charges for Paramount Wires And Cables Limited. amount to ₹ 20.63 Cr.

  • When was the last Balance Sheet of Paramount Wires And Cables Limited. filed with the ROC?

    The most recent Balance Sheet for Paramount Wires And Cables Limited. was filed with the ROC on 31 Mar 2023.

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