Covered Wires Private Limited Company Logo

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
Last Updated:

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 2024, with the balance sheet filed on 31 March 2024. It is based at B 32 Wagle Indl Estateroad No 18, Thane, Maharashtra, 400604.

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 Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 53 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • 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

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

NameDesignationAppointment DateStatus
Parul Vinod MehtaDirector18 Dec 2010Current
Viraj Vinod MehtaDirector30 Jun 2025Current
Vinod Dulerai MehtaDirector13 Mar 1972Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector08 May 2010Past
Pramod AbcsddDirector22 Dec 2011Past
Pramod AbcsddDirector25 Jul 2011Past
Pramod AbcsddAdditional Director28 Sep 2012Past
Pramod AbcsddAdditional Director01 Jan 2011Past

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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
  • 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%
Revenue from Operations
Total Assets
-3.61%
Profit or Loss
-557.54%
Net Worth
-19.79%
EBITDA
-118.52%

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 Indicator graph

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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

DateLenderAmountStatus
22 Aug 1983Dena Bank₹2.00 MOpen
01 Jul 1983Bank Of India₹2.00 MOpen
01 Jul 1983Bank Of India₹2.00 MOpen
31 Mar 1995Dena Bank₹4.00 MSatisfied
25 Jul 1994Bank Of Bherian And Kuwait Bsc₹2.61 CrSatisfied

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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 growth trends for Covered Wires Private Limited

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

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.

Latest Updates, News, and FAQs on Covered Wires

Recent Activity within the Organization

  • Director Appointment

    The activity Viraj Vinod Mehta was appointed as a Director was appointed as a Director on 30 Jun 2025 & has been associated with this company since 4 months 30 days . was completed.

  • Annual General Meeting

    Covered Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

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

  • Director Appointment

    Parul Vinod Mehta was appointed as a Director was appointed as a Director on 18 Dec 2010 & has been associated with this company since 14 years 11 months . was recorded as a recent event.

  • 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

    The activity A charge registered on 21 Dec 1993 via Charge ID 90215373 with Dena Bank was fully satisfied on 12 May 2005. was completed.

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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