Prem Cables Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 1.88 Cr
- Company Age 60 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 296.00 Cr
- Satisfied Charges ₹ 67.00 Cr
- Revenue Growth 30.39%
- Profit Growth -3.41%
- Ebitda 29.83%
- Net Worth 10.02%
- Total Assets 2.49%
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 four 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 1.88 Cr.
The company currently has active open charges totaling ₹296.00 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
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31300GJ1964PTC057316
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Company No.
057316
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Sep 1964
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Prem Cables?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhay Shah
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Managing Director | 25-Jan-1985 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Aniket Shah
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Director | 05-Nov-2013 | Current |
|
Ayush Shah
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Director | 01-Jul-2017 | Current |
Financial Performance of Prem Cables.
Prem Cables Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 30.39% increase. The company also saw a slight decrease in profitability, with a 3.41% decrease in profit. The company's net worth Soared by an impressive increase of 10.02%.
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What is the Ownership and Shareholding Structure of Prem Cables?
In 2023, Prem Cables had a promoter holding of 82.23% and a public holding of 17.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Paras Pvt LtdAbhay Shah, Aniket Shah and 1 more are mutual person
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Pipalia Engineering Works Pvt LtdAbhay Shah, Aniket Shah and 1 more are mutual person
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Prem Krishi Pvt Ltd
Abhay Shah, Aniket Shah and 1 more are mutual person
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Prem Nagar Industrial Estate Company Private Limited
Abhay Shah is a mutual person
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Bikaner Builders Private Limited
Abhay Shah, Aniket Shah and 1 more are mutual person
Charges (Loans)
₹296.00 Cr
₹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 : 33.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 |
| 24 Oct 2018 | Others | ₹13.50 Cr | Open |
How Many Employees Work at Prem Cables?
Prem Cables has a workforce of 167 employees as of Apr 05, 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.
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.
