Covered Wires Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Thane, Maharashtra, India, established in 1972.
1972 Thane, Maharashtra, India Active
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About Covered Wires Private Limited

Covered Wires Private Limited, a active private limited company, was established on 15 January 1972 in Thane, Maharashtra, India. Engaging in electronic appliances retail & distribution within the manufacturing sector, it holds CIN: U99999MH1972PTC015551. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.75 Cr.

Formerly known as Covered Wires Limited. It upholds a compliant status. Its leadership includes Parul Vinod Mehta (Director), Viraj Vinod Mehta (Director), Vinod Dulerai Mehta (Director). Past directors included Dhiren Dulerai Mehta, Ashok Kumar Waryam Singh Hir, Satyanarayan Surajmal Gupta. It holds ₹6.00 M open charges and ₹12.35 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at B 32 Wagle Indl Estateroad No 18, Thane, Maharashtra, 400604.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U99999MH1972PTC015551

  • Registration Number

    015551

  • Incorporation Date

    15 January 1972

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.75 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 54 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 6.00 M
  • Satisfied Charges ₹ 12.35 Cr
  • Revenue Growth **** -85.81%
  • Profit Growth **** -557.54%
  • Ebitda **** -118.52%
  • Net Worth -19.79%
  • Total Assets -3.61%
Company report

Covered Wires Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Covered 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 Covered Wires Private Limited?
Current Directors
Name Designation Appointment Date Status
Parul Vinod Mehta Director 18 Dec 2010 Current
Viraj Vinod Mehta Director 30 Jun 2025 Current
Vinod Dulerai Mehta Director 13 Mar 1972 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 May 2010 Past
Pramod Abcsdd Director 22 Dec 2011 Past
Pramod Abcsdd Director 25 Jul 2011 Past
Pramod Abcsdd Additional Director 28 Sep 2012 Past
Pramod Abcsdd Additional Director 01 Jan 2011 Past

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Financial Performance of Covered Wires.

Covered Wires Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 85.81% decrease. The company also saw a substantial fall in profitability, with a 557.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.79%.

Covered Wires revenue growth over time
Covered 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
********
 -85.81%
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Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -3.61%
*******
*******
*******
*******
Profit or Loss
*******
 -557.54%
*******
*******
*******
*******
Net Worth
*******
 -19.79%
*******
*******
*******
*******
EBITDA
*******
 -118.52%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Covered Wires?

Unlock access to Covered Wires's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹6,000,000.00

Satisfied Charges

₹123,500,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 0.40 Cr
  • Dena Bank : 0.20 Cr
Latest Charge Details
Date Lender Amount Status
22 Aug 1983 Dena Bank ₹2.00 M Open
01 Jul 1983 Bank Of India ₹2.00 M Open
01 Jul 1983 Bank Of India ₹2.00 M Open
31 Mar 1995 Dena Bank ₹4.00 M Satisfied
25 Jul 1994 Bank Of Bherian And Kuwait Bsc ₹2.61 Cr Satisfied

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How Many Employees Work at Covered Wires?

Unlock and access historical data on people associated with Covered Wires, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Covered 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 Covered 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

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

    Covered Wires Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Viraj Vinod Mehta was appointed as a Director was appointed as a Director on 30 Jun 2025 & has been associated with this company since 7 months 17 days . was recorded as a recent event.

  • Balance Sheet

    The activity Covered Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Parul Vinod Mehta was appointed as a Director was appointed as a Director on 18 Dec 2010 & has been associated with this company since 15 years 1 month . was documented.

  • Charges

    Progress on A charge registered on 31 Mar 1995 via Charge ID 90215442 with Dena Bank was fully satisfied on 12 May 2005. was documented.

  • Charges

    A charge registered on 21 Dec 1993 via Charge ID 90215373 with Dena Bank was fully satisfied on 12 May 2005. was recorded as a recent event.

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

The CIN of Covered Wires Private Limited is U99999MH1972PTC015551.

Where is Covered Wires Private Limited headquartered?

Covered Wires Private Limited is headquartered at B 32 Wagle Indl Estateroad No 18, Thane, Maharashtra, 400604.

When was Covered Wires Private Limited incorporated?

Covered Wires Private Limited was incorporated on 15 January 1972.

Who are the current directors of Covered Wires Private Limited?

The current directors of Covered Wires Private Limited are

What is the primary industry of Covered Wires Private Limited?

The primary industry of Covered Wires Private Limited is Manufacturing.

Is Covered Wires Private Limited a listed company?

Covered Wires Private Limited is unlisted.

What is the capital structure of Covered Wires Private Limited?

The authorized capital of Covered Wires Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.75 Cr.

What is the compliance status of Covered Wires Private Limited?

The compliance status of Covered Wires Private Limited is Compliant.

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