Absolute Wires Private Limited
About Absolute Wires Private Limited
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Absolute Wires Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 25 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2019PTC412932. Its GSTIN is 27AATCA0938P1ZX (Maharashtra).
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sanket Suresh Agrawal and Suresh Agrawal Gokulchandra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No – 702 7th Flr Jai Antariksh Makwana Road, Marol Makwana Rd Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.05 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹40,288 (net margin 0.4%) and EBITDA of ₹1.62 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
Company details
CIN history
Absolute Wires has one previous CIN (Corporate Identification Number): U36999PN2019PTC188665. The current CIN is U36999MH2019PTC412932, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36999MH2019PTC412932 | Current |
| U36999PN2019PTC188665 | Previous |
Contact details
Absolute Wires Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No – 702 7th Flr Jai Antariksh Makwana Road, Marol Makwana Rd Mumbai, Maharashtra, India – 400059
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Absolute Wires Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Absolute Wires is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Absolute Wires Private Limited, buy the company report.
Financials of Absolute Wires Private Limited
FY 2025 filings availableAbsolute Wires Private Limited reported revenue of ₹1.05 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 61% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.62 Lakh | ||||
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| Net Profit (PAT) | ₹40,288 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Absolute Wires Private Limited, buy the company report.
Board of directors of Absolute Wires Private Limited
Absolute Wires has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanket Suresh Agrawal | Director | 02 Mar 2020 | 6 Years 7 Months | Current |
| Suresh Agrawal Gokulchandra Also directs: Shree Kailaji Alloys Private Limited | Director | 25 Dec 2019 | 6 Years 9 Months | Current |
Peer comparison
Absolute Wires Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tehkhand Associates Pvt Ltd | ₹1.06 Cr (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| P.L.C. Steel Private Limited | ₹1.05 Cr (FY 2025) | -4.0% | Ghaziabad, Uttar Pradesh, India | |||
| Absolute Wires Private Limitedthis company | ₹1.05 Cr (FY 2024) | ₹40,288 | 0.4% | -10.0% | Mumbai, Maharashtra, India | |
| Universal Tillage Solutions Private Limited | ₹1.05 Cr (FY 2025) | 63.0% | Karnal, Haryana, India | |||
| Vaanya Metals & Steels Private Limited | ₹1.03 Cr (FY 2024) | -55.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Absolute Wires Private Limited, buy the company report.
Auditor
Absolute Wires Private Limited is audited by KAC & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAC & ASSOCIATES | FY 2020 | 152669W |
Shareholding
The shareholding of Absolute Wires Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Absolute Wires Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Absolute Wires Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Absolute Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Absolute Wires has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA0938P1ZX | Maharashtra | Active | 17 Jan 2020 |
To see the full GST registrations and return filing status of Absolute Wires Private Limited, buy the company report.
Recent activity
Absolute Wires Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Sanket Suresh Agrawal ceased to be Additional Director on 16 Sep 2022.
Frequently asked questions
Absolute Wires is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 25 December 2019 (7+ years old) and is registered under CIN U36999MH2019PTC412932.
Absolute Wires has 2 current directors:
- Sanket Suresh Agrawal - Director
- Suresh Agrawal Gokulchandra - Director
The latest financial statements of Absolute Wires on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Absolute Wires is 27AATCA0938P1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Absolute Wires is U36999MH2019PTC412932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Absolute Wires was incorporated on 25 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Absolute Wires by revenue are Tehkhand Associates Pvt Ltd, P.L.C. Steel Private Limited, Universal Tillage Solutions Private Limited, Vaanya Metals & Steels Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Sanket Suresh Agrawal ceased to be Additional Director on 16 Sep 2022. Mamta Sunil Kumar ceased to be Director on 02 Mar 2020. Sanket Suresh Agrawal was appointed as Director on 02 Mar 2020. Absolute Wires has 4 board changes on record in total.
The registered office of Absolute Wires is at Flat No – 702 7th Flr Jai Antariksh Makwana Road, Marol Makwana Rd Mumbai, Maharashtra, India – 400059.
Absolute Wires operates in the trading industry, in the wholesale segment.
Absolute Wires can be reached at its registered office: Flat No – 702 7th Flr Jai Antariksh Makwana Road, Marol Makwana Rd Mumbai, Maharashtra, India – 400059.