Choice Wires Private Limited - Company Profile

It is a manufacturing private limited company based in Hosur, Tamil Nadu, India, established in 1986.
1986 Hosur, Tamil Nadu, India Active
Last Updated:
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About Choice Wires Private Limited

Choice Wires Private Limited, a active private limited company, was established on 29 September 1986 in Hosur, Tamil Nadu, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U31300TZ1986PTC001848. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.00 Cr.

Formerly known as Deccan Wires And Welding Products Private Limited. It upholds a compliant status. Employing 3 professional, Its leadership includes Rajiv Jain (Managing Director), Arathi Jain (Director). It holds no open charges and ₹64.01 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S No 837/850Aggondap Alli Village Acchitip Alli Post, Hosur, Tamil Nadu, 635110.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U31300TZ1986PTC001848

  • Registration Number

    001848

  • Incorporation Date

    29 September 1986

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 64.01 Cr
  • Revenue Growth **** -72.54%
  • Profit Growth **** -290.83%
  • Ebitda **** -737.79%
  • Net Worth -96.11%
  • Total Assets -76.64%
Company report

Choice Wires Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Choice Wires Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Choice Wires Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajiv Jain Managing Director 29 Sep 1986 Current
Arathi Jain Director 08 May 1987 Current

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Financial Performance of Choice Wires.

Choice Wires Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 72.54% decrease. The company also saw a substantial fall in profitability, with a 290.83% decrease in profit. The company's net worth observed a substantial decline by a decrease of 96.11%.

Choice Wires revenue growth over time
Choice Wires profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -72.54%
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*******
*******
*******
Revenue from Operations
*******
 -75.87%
*******
*******
*******
*******
Total Assets
*******
 -76.64%
*******
*******
*******
*******
Profit or Loss
*******
 -290.83%
*******
*******
*******
*******
Net Worth
*******
 -96.11%
*******
*******
*******
*******
EBITDA
*******
 -737.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Choice Wires?

In 2023, Choice Wires had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹640,088,750.00

Charges Breakdown by Lending Institutions
  • Ing Vysya Bank Limited : 30.80 Cr
  • Hdfc Bank Limited : 24.98 Cr
  • Indian Bank : 8.15 Cr
  • The Tamilnadu Industrial Investment Corporation Limited : 0.08 Cr
Latest Charge Details
Date Lender Amount Status
26 Aug 2020 Hdfc Bank Limited ₹2.73 Cr Satisfied
08 Oct 2015 Hdfc Bank Limited ₹22.25 Cr Satisfied
08 Aug 2013 Ing Vysya Bank Limited ₹15.65 Cr Satisfied
29 Jun 2013 Ing Vysya Bank Limited ₹15.15 Cr Satisfied
18 Dec 2002 Indian Bank ₹8.00 Cr Satisfied

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How Many Employees Work at Choice Wires?

Choice Wires has a workforce of 3 employees as of Apr 01, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Choice Wires, 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 Choice Wires'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.

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Latest Updates, News, and FAQs on Choice Wires
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Choice Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Choice Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.

  • Charges

    Progress on A charge registered on 26 Aug 2020 via Charge ID 100363657 with Hdfc Bank Limited was fully satisfied on 18 Apr 2023. was documented.

  • Charges

    The activity A charge registered on 08 Oct 2015 via Charge ID 10613280 with Hdfc Bank Limited was fully satisfied on 18 Apr 2023. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 2.73 Cr registered on 26 Aug 2020 with Charge ID 100363657 was modified on 20 Mar 2021. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 2.73 Cr with Charge ID 100363657 was registered on 26 Aug 2020. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Choice Wires Private Limited?

The CIN of Choice Wires Private Limited is U31300TZ1986PTC001848.

Where is Choice Wires Private Limited headquartered?

Choice Wires Private Limited is headquartered at S No 837/850Aggondap Alli Village Acchitip Alli Post, Hosur, Tamil Nadu, 635110.

When was Choice Wires Private Limited incorporated?

Choice Wires Private Limited was incorporated on 29 September 1986.

Who are the current directors of Choice Wires Private Limited?

The current directors of Choice Wires Private Limited are

What is the primary industry of Choice Wires Private Limited?

The primary industry of Choice Wires Private Limited is Manufacturing.

Is Choice Wires Private Limited a listed company?

Choice Wires Private Limited is unlisted.

What is the capital structure of Choice Wires Private Limited?

The authorized capital of Choice Wires Private Limited is ₹5.00 Cr, and the paid-up capital is ₹5.00 Cr.

What is the compliance status of Choice Wires Private Limited?

The compliance status of Choice Wires Private Limited is Compliant.

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