MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0025310
Coastal Wire Ropes Private Limited - manufacturing in Murbad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.59 Cr
▲ 245% YoY
Net profit · FY 2024
₹49.25 Lakh
Net margin 3%
EBITDA · FY 2024
₹1.45 Cr
EBITDA margin 8.7%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹22 Lakh
Issued & subscribed
Open charges
₹8.75 Cr
Satisfied ₹4.17 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
40
Provident fund records
About Coastal Wire Ropes Private Limited
Data last updated:
Coastal Wire Ropes Private Limited is a private limited company based in Murbad, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 16 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27202MH1995PTC089623. Its GSTIN is 27AABCC0875F1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹22 Lakh. It was formerly known as Mega Ropes (India) Private Limited. It is led by directors including Bhupendra Shaligram Pandey and Jyoti Virendranath Tiwari.
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 J – 64/4 M.I.D.C. Addl. Murbad Kudavali, Maharashtra, India – 421401.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹49.25 Lakh (net margin 3%) and EBITDA of ₹1.45 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 9% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.75 Cr and satisfied charges of ₹4.17 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Coastal Wire Ropes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0025310). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megalinkchains.com.
Company details
CIN U27202MH1995PTC089623
Registration Number 089623
Incorporation Date 16 June 1995
ROC Mumbai
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-MH-33-0025310
Name history
Coastal Wire Ropes has undergone 2 name changes throughout its history. The company was previously known as Mega Ropes (India) Private Limited, and Coastal Wire - Ropes Private Limited. The current legal name is Coastal Wire Ropes Private Limited.
| Company Name | Status |
|---|---|
| Coastal Wire Ropes Private Limited | Current |
| Mega Ropes (India) Private Limited | Previous |
| Coastal Wire - Ropes Private Limited | Previous |
Key People
Bhupendra Shaligram Pandey Director Jyoti Virendranath Tiwari Director Prince Pandey Director Recognitions & Rankings of Coastal Wire Ropes
Contact details
Coastal Wire Ropes Private Limited's registered office is in Murbad, Maharashtra. Its website is megalinkchains.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJ – 64/4 M.I.D.C. Addl. Murbad Kudavali, Maharashtra, India – 421401
- IndustryManufacturing, Cable & Wire
To see the full contact details of Coastal Wire Ropes Private Limited, buy the company report.
Comprehensive company report
Coastal Wire Ropes 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 Coastal Wire Ropes is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Coastal Wire Ropes Private Limited, buy the company report.
Financials of Coastal Wire Ropes Private Limited
FY 2024 filings availableCoastal Wire Ropes Private Limited reported revenue of ₹16.59 Cr (up 245% YoY) for FY 2024.
Revenue · FY 2024
₹16.59 Cr ▲ 245%
Net profit · FY 2024
₹49.25 Lakh margin 3%
EBITDA · FY 2024
₹1.45 Cr margin 8.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 245%
3 years · compounded
▲ 26%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 10%
5 years · compounded
▼ 11%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 245% growth in the latest year. EBITDA rose 52% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 3% | ||||
| 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 Coastal Wire Ropes Private Limited, buy the company report.
Board of directors of Coastal Wire Ropes Private Limited
Coastal Wire Ropes has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupendra Shaligram Pandey | Director | 30 Nov 2009 | 16 Years 11 Months | Current |
| Jyoti Virendranath Tiwari | Director | 11 May 2023 | 3 Years 5 Months | Current |
| Prince Pandey Also directs: Megasol Energy Private Limited, Mega Link Chains (India) Limited | Director | 29 May 2023 | 3 Years 5 Months | Current |
| Nisha Bhupendra Pandey Also directs: Mega Link Chains (India) Limited | Director | 11 May 2023 | 3 Years 5 Months | Current |
| Janardan Shaligram Pandey | Director | 01 Dec 2009 | 16 Years 11 Months | Current |
Peer comparison
Coastal Wire Ropes Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Cables and Wires, Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Subash Wires and Cables Private Limited | ₹16.6 Cr (FY 2024) | -7.0% | Kochi, Kerala, India | |||
| Coastal Wire Ropes Private Limitedthis company | ₹16.59 Cr (FY 2024) | ₹49.25 Lakh | 3% | 245.0% | 40 | Murbad, Maharashtra, India |
| Techno Link Conveyor Systems Private Limited | ₹16.47 Cr (FY 2025) | -31.0% | Mumbai, Maharashtra, India | |||
| Step Cables Private Limited | ₹16.43 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Bhagyadeep Cables Private Limited | ₹16.34 Cr (FY 2024) | -28.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Coastal Wire Ropes Private Limited, buy the company report.
Auditor
Coastal Wire Ropes Private Limited is audited by Amit Ray & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit Ray & Company | FY 2023 | 000483C |
Shareholding
The shareholding of Coastal Wire Ropes 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 Coastal Wire Ropes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.75 Cr
Satisfied charges
₹4.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2023 | 100783343 | Others | ₹8.75 Cr | Open | |
| 23 Nov 2020 | 100396796 | Axis Bank Limited | ₹2.5 Cr | Satisfied | |
| 01 Dec 2009 | 10311183 | Canara Bank | ₹92 Lakh | Satisfied | |
| 10 Jun 1998 | 90234446 | State Bank of India | ₹15 Lakh | Satisfied | |
| 03 Apr 1997 | 90237934 | Maharashtra State Financial Corporation | ₹59.6 Lakh | Satisfied |
To see the full charge records of Coastal Wire Ropes Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Coastal Wire Ropes Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by The State | Disposed |
To see the full case history of Coastal Wire Ropes 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 Coastal Wire Ropes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Coastal Wire Ropes Private Limited has a workforce of 40 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
11.11%
GST
Coastal Wire Ropes has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC0875F1ZU | Maharashtra | Active | 01 Jul 2017 |
| 29AABCC0875F1ZQ | Karnataka | Active | 27 Sep 2023 |
To see the full GST registrations and return filing status of Coastal Wire Ropes Private Limited, buy the company report.
Recent activity
Coastal Wire Ropes Private Limited has 15 board changes on record since 2008: 5 appointments and 10 cessations. The latest: Jyoti Virendranath Tiwari ceased to be Additional Director on 29 Sep 2023.
AGM
Coastal Wire Ropes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Coastal Wire Ropes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Jyoti Virendranath Tiwari ceased to be Additional Director.
Ceased
Nisha Bhupendra Pandey ceased to be Additional Director.
Ceased
Prince Pandey ceased to be Additional Director.
Charges
A charge registered on 23 Nov 2020 via Charge ID 100396796 with Axis Bank Limited was fully satisfied on 05 Sep 2023.
Charges
A charge with Others amounted to Rs. 875.00 Lakh with Charge ID 100783343 was registered on 23 Aug 2023.
Appointed
Prince Pandey was appointed as Director.
Appointed
Jyoti Virendranath Tiwari was appointed as Director.
Appointed
Nisha Bhupendra Pandey was appointed as Director.
Charges
A charge registered on 01 Dec 2009 via Charge ID 10311183 with Canara Bank was fully satisfied on 23 Dec 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100396796 was registered on 23 Nov 2020.
16 earlier events are in the company report.
Frequently asked questions
Coastal Wire Ropes is an active private limited company based in Murbad, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 16 June 1995 (31+ years old) and is registered under CIN U27202MH1995PTC089623.
Coastal Wire Ropes has 5 current directors:
- Bhupendra Shaligram Pandey - Director
- Jyoti Virendranath Tiwari - Director
- Prince Pandey - Director
- Nisha Bhupendra Pandey - Director
- Janardan Shaligram Pandey - Director
The latest financial statements of Coastal Wire Ropes 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 Coastal Wire Ropes is 27AABCC0875F1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCC0875F1ZQ (Karnataka).
The CIN (Corporate Identification Number) of Coastal Wire Ropes is U27202MH1995PTC089623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coastal Wire Ropes has 1 court case on record: 1 filed against it.
Coastal Wire Ropes was incorporated on 16 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Coastal Wire Ropes by revenue are Subash Wires and Cables Private Limited, Techno Link Conveyor Systems Private Limited, Step Cables Private Limited, Bhagyadeep Cables Private Limited, all in the Machinery and Equipment industry (Cables and Wires, Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jyoti Virendranath Tiwari ceased to be Additional Director on 29 Sep 2023. Nisha Bhupendra Pandey ceased to be Additional Director on 29 Sep 2023. Prince Pandey ceased to be Additional Director on 29 Sep 2023. Coastal Wire Ropes has 15 board changes on record in total.
Yes, Coastal Wire Ropes is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0025310).
Coastal Wire Ropes can be reached through the website megalinkchains.com. Its registered office is in Murbad, Maharashtra, India.
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