Paramount Wires And Cables Limited.

Manufactures various types of cables for different industries.

1987 | 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, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.26 Cr
  • Satisfied Charges ₹ 52.13 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 nine months. Its registered office is in Delhi, India.

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

The company currently has active open charges totaling ₹19.26 Cr. The company has closed loans amounting to ₹52.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Archana Aggarwal, Shashi Aggarwal, and Raj Aggarwal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing
Company report

Paramount Wires And Cables Limited.

Explore comprehensive data for Paramount Wires And Cables Limited., including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Shashi Aggarwal Country flag representing In Managing Director01-Jan-2025Current

Board Members (2)

NameDesignationAppointment DateStatus
Archana Aggarwal Country flag representing In Whole-Time Director 01-Jan-2025Current
Raj Aggarwal Country flag representing In Director 28-Mar-2019Current

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

₹19.26 Cr

Satisfied Charges

₹52.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.00 Cr
  • Canara Bank : 0.26 Cr

Latest Charge Details

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

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

  • Director Appointment

    Archana Aggarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jan 2025 & has been associated with this company since 4 months 3 days .

  • Director Appointment

    Shashi Aggarwal was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2025 & has been associated with this company since 4 months 3 days .

  • Charges

    A charge registered on 13 May 2019 via Charge ID 100264862 with The South Indian Bank Limited was fully satisfied on 16 Nov 2024.

  • Annual General Meeting

    Paramount Wires And Cables Limited. last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 15 Sep 2018 via Charge ID 100208646 with Others was fully satisfied on 27 Jun 2024.

  • Charges

    A charge registered on 23 Nov 2017 via Charge ID 100156231 with Others was fully satisfied on 27 Jun 2024.

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 3 directors are associated with Paramount Wires And Cables Limited..

    • Archana Aggarwal
    • Shashi Aggarwal
    • Raj Kumar Aggarwal

  • 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 India, Delhi, 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 ₹ 19.26 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 2024.

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