Covered Wires Private Limited
About Covered Wires Private Limited
Data last updated:
Covered Wires Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 15 January 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1972PTC015551. Its GSTIN is 27AAACC6178N1Z6 (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.75 Cr. It was formerly known as Covered Wires Limited. It is led by directors including Parul Vinod Mehta and Viraj Vinod Mehta.
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 B 32 Wagle Indl Estateroad No 18, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.22 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹61.34 Lakh (net margin 50.5%) and EBITDA of ₹90.85 Lakh (EBITDA margin 74.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹12.35 Cr on record. Court records list 17 cases involving the company, including 17 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Covered Wires has one previous CIN (Corporate Identification Number): U99999MH1972PLC015551. The current CIN is U99999MH1972PTC015551, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1972PTC015551 | Current |
| U99999MH1972PLC015551 | Previous |
Contact details
Covered Wires Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB 32 Wagle Indl Estateroad No 18, Thane, Maharashtra, India – 400604
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Covered 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
Financials of Covered Wires Private Limited
FY 2025 filings availableCovered Wires Private Limited reported revenue of ₹1.22 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 23% growth 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 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹90.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.34 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 74.7% | ||||
| Net Profit Margin | 50.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Covered Wires Private Limited, buy the company report.
Board of directors of Covered Wires Private Limited
Covered Wires has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Vinod Mehta Also directs: Mulund Properties Developers Pvt Ltd | Director | 18 Dec 2010 | 15 Years 10 Months | Current |
| Viraj Vinod Mehta | Director | 30 Jun 2025 | 1 Years 4 Months | Current |
| Vinod Dulerai Mehta | Director | 13 Mar 1972 | 54 Years 7 Months | Current |
Auditor
Covered Wires Private Limited is audited by CHATURVEDI & SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH | FY 2023 | 101720W |
Shareholding
The shareholding of Covered 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 Covered Wires Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 1983 | 90211348 | Dena Bank | ₹20 Lakh | Open | |
| 01 Jul 1983 | 90211344 | Bank of India | ₹20 Lakh | Open | |
| 01 Jul 1983 | 90215020 | Bank of India | ₹20 Lakh | Open | |
| 31 Mar 1995 | 90215442 | Dena Bank | ₹40 Lakh | Satisfied | |
| 25 Jul 1994 | 90215269 | Bank of Bherian and Kuwait Bsc | ₹2.61 Cr | Satisfied |
To see the full charge records of Covered Wires Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Covered Wires Private Limited has 17 court cases on record: 17 filed by Covered Wires. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S. Jeyam Chemicals and 1 other | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S. Jeyam Chemicals | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms. Jeyam Chemicals and 1 | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M S Jeyam Chemicals and Other | Disposed |
To see the full case history of Covered 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 Covered Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Covered Wires has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC6178N1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Covered Wires Private Limited, buy the company report.
Recent activity
Covered Wires Private Limited has 8 board changes on record since 1972: 3 appointments and 5 cessations. The latest: Viraj Vinod Mehta was appointed as Director on 30 Jun 2025.
36 earlier events are in the company report.
Frequently asked questions
Covered Wires is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 15 January 1972 (54+ years old) and is registered under CIN U99999MH1972PTC015551.
Covered Wires has 3 current directors:
- Parul Vinod Mehta - Director
- Viraj Vinod Mehta - Director
- Vinod Dulerai Mehta - Director
The latest financial statements of Covered 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 2015 are in the company report.
The GSTIN of Covered Wires is 27AAACC6178N1Z6, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Covered Wires is U99999MH1972PTC015551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covered Wires has 17 court cases on record: 17 filed by the company. Most are in the district courts.
Covered Wires was incorporated on 15 January 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
Viraj Vinod Mehta was appointed as Director on 30 Jun 2025. Bijon Kumar Talukdar ceased to be Additional Director on 28 Sep 2012. Ashok Kumar Waryam Singh Hir ceased to be Director on 22 Dec 2011. Covered Wires has 8 board changes on record in total.
The registered office of Covered Wires is at B 32 Wagle Indl Estateroad No 18, Thane, Maharashtra, India – 400604.
Covered Wires operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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