MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-11-0002299
Choice Wires Private Limited - manufacturing in Hosur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.57 Cr
▼ 18% YoY
Net profit · FY 2025
₹10.6 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹16.39 Lakh
EBITDA margin 1.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Satisfied charges
₹64.01 Cr
No open charges
Company age
40 yrs
Est. 1986
Employees · EPFO
3
Provident fund records
About Choice Wires Private Limited
Data last updated:
Choice Wires Private Limited is a private limited company based in Hosur, Tamil Nadu, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 29 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31300TZ1986PTC001848. Its GSTIN is 29AAACD5452A1Z1 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Deccan Wires and Welding Products Private Limited. It is led by directors Rajiv Jain (Managing Director) and Arathi Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S No 837/850 Aggondap Alli Village Acchitip Alli Post, Hosur, Tamil Nadu, India – 635110.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.57 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹10.6 Lakh (net margin 1.2%) and EBITDA of ₹16.39 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 40% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹64.01 Cr on record. Court records list 31 cases involving the company, including 17 filed by the company and 14 filed against it.
Choice Wires Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0002299). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choicewires.in.
Company details
CIN U31300TZ1986PTC001848
Registration Number 001848
Incorporation Date 29 September 1986
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-11-0002299
Key People
Rajiv Jain Managing Director Arathi Jain Director Recognitions & Rankings of Choice Wires
Contact details
Choice Wires Private Limited's registered office is in Hosur, Tamil Nadu. Its website is choicewires.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS No 837/850 Aggondap Alli Village Acchitip Alli Post, Hosur, Tamil Nadu, India – 635110
- IndustryManufacturing, Cable & Wire
To see the full contact details of Choice Wires Private Limited, buy the company report.
Comprehensive company report
Choice Wires Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Choice Wires is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Choice Wires Private Limited, buy the company report.
Financials of Choice Wires Private Limited
FY 2024 filings availableChoice Wires Private Limited reported revenue of ₹8.57 Cr (down 18% YoY) for FY 2025.
Revenue · FY 2025
₹8.57 Cr ▼ 18%
Net profit · FY 2025
₹10.6 Lakh margin 1.2%
EBITDA · FY 2025
₹16.39 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 55%
5 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▲ 118%
3 years · compounded
▼ 53%
5 years · compounded
▼ 48%
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 18% fall in the latest year. EBITDA rose 118% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.6 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Choice Wires Private Limited, buy the company report.
Board of directors of Choice Wires Private Limited
Choice Wires has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Jain | Managing Director | 29 Sep 1986 | 40 Years 1 Months | Current |
| Arathi Jain | Director | 08 May 1987 | 39 Years 5 Months | Current |
Auditor
Choice Wires Private Limited is audited by M K Rao & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K Rao & Co | FY 2023 | 005058S |
Shareholding
The shareholding of Choice Wires Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Choice Wires Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹64.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2020 | 100363657 | Hdfc Bank Limited | ₹2.73 Cr | Satisfied | |
| 08 Oct 2015 | 10613280 | Hdfc Bank Limited | ₹22.25 Cr | Satisfied | |
| 08 Aug 2013 | 10444508 | Ing Vysya Bank Limited | ₹15.65 Cr | Satisfied | |
| 29 Jun 2013 | 10444219 | Ing Vysya Bank Limited | ₹15.15 Cr | Satisfied | |
| 18 Dec 2002 | 90004007 | Indian Bank | ₹8 Cr | Satisfied |
To see the full charge records of Choice Wires Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Choice Wires Private Limited has 31 court cases on record: 17 filed by Choice Wires, 14 filed against it. All cases are disposed.
Total cases
31
Filed by the company
17
Filed against the company
14
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 0 | 0 |
| High courts | 14 | 14 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Coastal Projects Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Rajvaibhav Enterprises Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against M/S Coastal Projects Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed by the company against Tata Iron and Steel Company Ltd. | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by The Federal Bank Ltd | Disposed |
To see the full case history of Choice Wires Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Choice Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Choice Wires Private Limited has a workforce of 3 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-80%
GST
Choice Wires has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACD5452A1Z1 | Karnataka | Active | 01 Jul 2017 |
| 33AAACD5452A1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Choice Wires Private Limited, buy the company report.
Recent activity
Choice Wires Private Limited has 2 board changes on record since 1986: 2 appointments. The latest: Arathi Jain was appointed as Director on 08 May 1987.
AGM
Choice Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Choice Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge registered on 26 Aug 2020 via Charge ID 100363657 with Hdfc Bank Limited was fully satisfied on 18 Apr 2023.
Charges
A charge registered on 08 Oct 2015 via Charge ID 10613280 with Hdfc Bank Limited was fully satisfied on 18 Apr 2023.
Charges
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.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.73 Cr with Charge ID 100363657 was registered on 26 Aug 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 22.25 Cr registered on 08 Oct 2015 with Charge ID 10613280 was modified on 26 Dec 2017.
Charges
A charge registered on 08 Aug 2013 via Charge ID 10444508 with Ing Vysya Bank Limited was fully satisfied on 20 Apr 2016.
Charges
A charge registered on 29 Jun 2013 via Charge ID 10444219 with Ing Vysya Bank Limited was fully satisfied on 20 Apr 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.25 Cr with Charge ID 10613280 was registered on 08 Oct 2015.
Charges
A charge registered on 03 Feb 1988 via Charge ID 90002266 with The Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 03 Feb 2015.
Charges
A charge registered on 09 Aug 1991 via Charge ID 90002447 with Indian Bank was fully satisfied on 18 Oct 2014.
12 earlier events are in the company report.
Frequently asked questions
Choice Wires is an active private limited company based in Hosur, Tamil Nadu, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 29 September 1986 (40+ years old) and is registered under CIN U31300TZ1986PTC001848.
Choice Wires has 2 current directors:
- Rajiv Jain - Managing Director
- Arathi Jain - Director
The latest financial statements of Choice Wires on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Choice Wires is 29AAACD5452A1Z1, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACD5452A1ZC (Tamil Nadu).
The CIN (Corporate Identification Number) of Choice Wires is U31300TZ1986PTC001848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choice Wires has 31 court cases on record: 17 filed by the company and 14 filed against it. Most are in the district courts.
Choice Wires was incorporated on 29 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Coimbatore.
Arathi Jain was appointed as Director on 08 May 1987. Rajiv Jain was appointed as Managing Director on 29 Sep 1986.
Yes, Choice Wires is registered as a small enterprise under Udyam registration (number: UDYAM-TN-11-0002299).
Choice Wires can be reached through the website choicewires.in. Its registered office is in Hosur, Tamil Nadu, India.
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