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Prem Cables Pvt Ltd

Manufacturer of aluminum wire rods and conductors, serving power sector utilities and engaged in trading activities.
1964 | Ahmedabad, Gujarat (India) | Active

Last Updated:

November 17, 2024
HomeCompanyPrem Cables Pvt Ltd

Who are the key members and board of directors at Prem Cables?

Executive Team (1)

NameDesignationAppointment DateStatus
Abhay Shah InManaging Director25-Jan-1985Current

Board Members(2)

NameDesignationAppointment DateStatus
Aniket Shah In Director 05-Nov-2013Current
Ayush Shah In Director 01-Jul-2017Current

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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
30.39%
Revenue from Operations
31.33%
Total Assets
2.49%
Profit or Loss
-3.41%
Net Worth
10.02%
EBITDA
29.83%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹296.00 Cr

₹67.00 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 14 Oct 2022
₹10.00 CrOpen

Axis Bank Limited

Creation Date: 25 Mar 2022
₹60.00 CrOpen

Others

Creation Date: 08 Oct 2020
₹15.00 CrOpen

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.

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Latest Updates, News, and FAQs on Prem Cables

Recent activity within the organization

  • Annual General Meeting

    Prem Cables Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prem Cables Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • 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.

    06 Mar 2024

  • Charges

    A charge registered on 01 Aug 2019 via Charge ID 100287417 with Others was fully satisfied on 18 Sep 2023.

    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.

    16 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100659758 was registered on 14 Oct 2022.

    14 Oct 2022

Frequently asked questions

  • Prem Cables Pvt Ltd was incorporated on 18 Sep 1964.

  • The authorized share capital of Prem Cables Pvt Ltd is ₹ 11.00 Cr and paid-up capital is ₹ 1.88 Cr.

  • Currently 3 directors are associated with Prem Cables Pvt Ltd.

    • Abhay Raj Shah
    • Aniket Shah
    • Ayush Abhay Shah
  • 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.

  • 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).

  • The Official website of Prem Cables Pvt Ltd is https://www.premcables.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prem Cables Pvt Ltd has risen by 30.39%.

  • As Per 2023 financial reports, 167 employees are currently employed by Prem Cables Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prem Cables Pvt Ltd has experienced an upsurge of 10.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prem Cables Pvt Ltd amount to ₹ 296.00 Cr.

  • The most recent Balance Sheet for Prem Cables Pvt Ltd was filed with the ROC on 31 Mar 2024.

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