Prem Cables Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 5.03 Cr
- Company Age 60 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 297.00 Cr
- Satisfied Charges ₹ 67.00 Cr
- Revenue Growth 13.67%
- Profit Growth 131.41%
- Ebitda 11.08%
- Net Worth 15.35%
- Total Assets 8.40%
About Prem Cables
Prem Cables Pvt Ltd (PCPL) was founded in India on 18 September 1964 and has a glorious history of 60 years and six months. Its registered office is in Ahmedabad, Gujarat, India.
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 11.00 Cr and a paid-up capital of Rs 5.03 Cr.
The company currently has active open charges totaling ₹297.00 Cr. The company has closed loans amounting to ₹67.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Abhay Shah, Aniket Shah, and Ayush Shah serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300GJ1964PTC057316
- Company No.
057316
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Sep 1964
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Prem Cables Pvt Ltd offer?
Prem Cables Pvt Ltd offers a wide range of products and services, including Metal and Alloy Wires, Electrical Conductors, Aluminum Wires, Solar Water Heater, Industrial Solar Water Heater.
Prem Cables Pvt Ltd
Explore comprehensive data for Prem Cables Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prem Cables?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhay Shah  | Managing Director | 25-Jan-1985 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aniket Shah | Director | 05-Nov-2013 | Current |
| Ayush Shah | Director | 01-Jul-2017 | Current |
Financial Performance of Prem Cables.
Prem Cables Pvt Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 13.67% increase. The company also saw a substantial improvement in profitability, with a 131.41% increase in profit. The company's net worth Soared by an impressive increase of 15.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prem Cables?
In 2024, Prem Cables had a promoter holding of 93.60% and a public holding of 6.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paras Pvt LtdAbhay Shah, Aniket Shah and 1 more are mutual person
Pipalia Engineering Works Pvt LtdAbhay Shah, Aniket Shah and 1 more are mutual person
- Prem Krishi Pvt Ltd
Abhay Shah, Aniket Shah and 1 more are mutual person
- Prem Nagar Industrial Estate Company Private Limited
Abhay Shah is a mutual person
- Bikaner Builders Private Limited
Abhay Shah, Aniket Shah and 1 more are mutual person
Charges (Loans)
Open Charges
₹297.00 Cr
Satisfied Charges
₹67.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 77.75 Cr
- Idbi Bank Limited : 65.00 Cr
- Yes Bank Limited : 60.00 Cr
- Axis Bank Limited : 60.00 Cr
- Others : 34.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 2025 | Others | ₹1.00 Cr | Open |
| 14 Oct 2022 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 25 Mar 2022 | Axis Bank Limited | ₹60.00 Cr | Open |
| 08 Oct 2020 | Others | ₹15.00 Cr | Open |
| 07 Jun 2019 | Others | ₹4.75 Cr | Open |
How Many Employees Work at Prem Cables?
Prem Cables has a workforce of 167 employees as of Mar 06, 2025. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prem 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 Prem Cables'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.
Latest Updates, News, and FAQs on Prem Cables
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101053532 was registered on 11 Feb 2025.
- Annual General Meeting
Prem Cables Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Prem Cables Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited of Rs. 60.00 Cr registered on 25 Mar 2022 with Charge ID 100561912 was modified on 06 Mar 2024.
- Charges
A charge registered on 01 Aug 2019 via Charge ID 100287417 with Others was fully satisfied on 18 Sep 2023.
- Charges
A charge with Yes Bank Limited of Rs. 60.00 Cr registered on 24 Mar 2018 with Charge ID 100183482 was modified on 16 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Prem Cables Pvt Ltd?
Prem Cables Pvt Ltd was incorporated on 18 Sep 1964.
What is authorized share capital and paid-up capital of Prem Cables Pvt Ltd?
The authorized share capital of Prem Cables Pvt Ltd is ₹ 11.00 Cr and paid-up capital is ₹ 5.03 Cr.
Who are the current board members & directors of Prem Cables Pvt Ltd?
Currently 3 directors are associated with Prem Cables Pvt Ltd.
- Abhay Raj Shah
- Aniket Shah
- Ayush Abhay Shah
What is the registered address of Prem Cables Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Prem Cables Pvt Ltd is Ground Floor Office No. 6 Neptune Tower Ashram Road, India, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Prem Cables Pvt Ltd?
The corporate identification number (CIN) of Prem Cables Pvt Ltd is U31300GJ1964PTC057316 and the company number is 057316 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prem Cables Pvt Ltd?
The Official website of Prem Cables Pvt Ltd is https://www.premcables.com
What has been the recent revenue trend for Prem Cables Pvt Ltd?
According to the financial reports for the fiscal year 2024, the revenue trend for Prem Cables Pvt Ltd has risen by 13.67%.
How many employees does Prem Cables Pvt Ltd currently have?
As Per 2024 financial reports, 167 employees are currently employed by Prem Cables Pvt Ltd.
What change has been observed in the net worth of Prem Cables Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Prem Cables Pvt Ltd has experienced an upsurge of 15.35%.
What are the total open charges for Prem Cables Pvt Ltd?
As per the financial statements for fiscal Year 2024, The total open charges for Prem Cables Pvt Ltd amount to ₹ 297.00 Cr.
When was the last Balance Sheet of Prem Cables Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Prem Cables Pvt Ltd was filed with the ROC on 31 Mar 2024.
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