Padmavati Wire and Cables Private Limited
About Padmavati Wire and Cables Private Limited
Data last updated:
Padmavati Wire and Cables Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 09 May 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH1997PTC107933. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Mehul Gandhi and Kalindi Hasmukh Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 207/B Veena Apartments Shejal Park Near Oshiwara Bus Depot Goregaon West, Mumbai, Maharashtra, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.07 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹29.95 Lakh (net margin -14.5%) and EBITDA of -₹3.24 Lakh (EBITDA margin -1.6%).
As per MCA filings, the company has open charges of ₹1.05 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Company details
Contact details
Padmavati Wire and Cables Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address207/B Veena Apartments Shejal Park Near Oshiwara Bus Depot Goregaon West, Mumbai, Maharashtra, India
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Padmavati Wire and Cables 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
Business activity
The main business activity of Padmavati Wire and Cables is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Padmavati Wire and Cables Private Limited, buy the company report.
Financials of Padmavati Wire and Cables Private Limited
FY 2016 filings availablePadmavati Wire and Cables Private Limited reported revenue of ₹2.07 Cr (down 41% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year. EBITDA fell 121% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.07 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.24 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹29.95 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.6% | |
| Net Profit Margin | -14.5% | |
| 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 Padmavati Wire and Cables Private Limited, buy the company report.
Board of directors of Padmavati Wire and Cables Private Limited
Padmavati Wire and Cables 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 |
|---|---|---|---|---|
| Mehul Gandhi | Director | 01 Apr 2007 | 19 Years 7 Months | As last reported |
| Kalindi Hasmukh Gandhi | Director | 15 Nov 2004 | 21 Years 11 Months | As last reported |
| Uday Karsandas Gandhi | Director | 15 Nov 2004 | 21 Years 11 Months | As last reported |
Peer comparison
Padmavati Wire and Cables Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multiline Energy Equipments Private Limited | ₹2.07 Cr (FY 2025) | 65.0% | Ernakulam, Kerala, India | |||
| Onemep Services Private Limited | ₹2.07 Cr (FY 2025) | 12.0% | Indore, Madhya Pradesh, India | |||
| Guven Exim Private Limited | ₹2.07 Cr (FY 2024) | -26.0% | Kakkanad, Kerala, India | |||
| Tough Engisol Private Limited | ₹2.07 Cr (FY 2024) | -2.0% | Ahmedabad, Gujarat, India | |||
| Sansudha Dealcomm Pvt Ltd | ₹2.07 Cr (FY 2024) | 1.0% | Kolkata, West Bengal, India | |||
| Padmavati Wire and Cables Private Limitedthis company | ₹2.07 Cr (FY 2016) | -₹29.95 Lakh | -14.5% | -41.0% | Mumbai, Maharashtra, India | |
| S P D Pharma Private Limited | ₹2.07 Cr (FY 2019) | 154.0% | Jhansi, Uttar Pradesh, India | |||
| Edymax Lifesciences Private Limited | ₹2.07 Cr (FY 2025) | 10.0% | Chandigarh, India | |||
| Abidi Poultry Industries Private Limited | ₹2.07 Cr (FY 2023) | -41.0% | Naugawan Sadat, Uttar Pradesh, India | |||
| Ratawa & Sons Private Limited | ₹2.07 Cr (FY 2024) | 6.0% | Delhi, India |
To see the full peer comparison of Padmavati Wire and Cables Private Limited, buy the company report.
Auditor
Padmavati Wire and Cables Private Limited is audited by RAKESHASHOKBHAIKANTHAWALA for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESHASHOKBHAIKANTHAWALA | FY 2016 | 117835 |
Shareholding
The shareholding of Padmavati Wire and Cables Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Padmavati Wire and Cables Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2012 | 10352052 | Canara Bank | ₹5 Lakh | Open | |
| 24 Feb 2005 | 80004363 | Canara Bank | ₹1 Cr | Open |
To see the full charge records of Padmavati Wire and Cables Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Padmavati Wire and Cables Private Limited has 4 court cases on record: 1 filed by Padmavati Wire and Cables, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Kkalpana Industries Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Kkalpana Industries Ltd. | Disposed |
To see the full case history of Padmavati Wire and Cables 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 Padmavati Wire and Cables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Padmavati Wire and Cables has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Padmavati Wire and Cables Private Limited, buy the company report.
Recent activity
Padmavati Wire and Cables Private Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Hasmukh Karsandas Gandhi ceased to be Director on 07 Aug 2010.
2 earlier events are in the company report.
Frequently asked questions
Padmavati Wire and Cables is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Padmavati Wire and Cables is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 09 May 1997 and is registered under CIN U31300MH1997PTC107933. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Padmavati Wire and Cables has 3 current directors:
- Mehul Gandhi - Director
- Kalindi Hasmukh Gandhi - Director
- Uday Karsandas Gandhi - Director
The latest financial statements of Padmavati Wire and Cables on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Padmavati Wire and Cables is U31300MH1997PTC107933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmavati Wire and Cables has open charges of ₹1.05 Cr and no satisfied charges on record as per latest MCA filings.
Padmavati Wire and Cables has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Padmavati Wire and Cables was incorporated on 09 May 1997. It is registered with the Registrar of Companies, Mumbai.
The peers of Padmavati Wire and Cables by revenue are Multiline Energy Equipments Private Limited, Onemep Services Private Limited, Guven Exim Private Limited, Tough Engisol Private Limited, Sansudha Dealcomm Pvt Ltd and 4 more, all in the same principal business activity (wholesale trading).
Hasmukh Karsandas Gandhi ceased to be Director on 07 Aug 2010. Adarsh Harbanslal Joshi ceased to be Director on 01 Nov 2008. Ashok Jawanmal Solanki ceased to be Director on 01 Nov 2008. Padmavati Wire and Cables has 8 board changes on record in total.
The registered office of Padmavati Wire and Cables is at 207B Veena Apartments Shejal Park Near Oshiwara Bus Depot Goregaon West, Mumbai, Maharashtra, India.
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