- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-29-0000294

About Paras Wires Private Limited,
Data last updated:
Paras Wires Private Limited, is a private limited company based in Ramanagara, Karnataka, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 26 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27104KA1987PTC008265. Its GSTIN is 29AAACP8228L1ZY (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹38.08 Lakh. It is led by directors including Anil Surana (Managing Director) and Usha Surana.
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 17Q Bidadi Industrial Area Phase II Sector 1 Sy No66 Talaguppa Bidadi Hobli, Ramanagara, Karnataka, India – 562109.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.96 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.48 Cr (net margin 3.4%) and EBITDA of ₹4.33 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 24% over five years.
The company has about 96 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.52 Cr and satisfied charges of ₹15.99 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Paras Wires Private Limited, is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-29-0000294). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paraswires.net.
Company details
Recognitions & Rankings of Paras Wires Private Limited
Contact details
Paras Wires Private Limited,'s registered office is in Ramanagara Taluk, Karnataka. Its website is paraswires.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address17Q Bidadi Industrial Area Phase II Sector 1 Sy No66 Talaguppa Bidadi Hobli, Ramanagara, Karnataka, India – 562109
- IndustryManufacturing, Cable & Wire
To see the full contact details of Paras 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
Business activity
The main business activity of Paras Wires Private Limited 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 Paras Wires Private Limited,, buy the company report.
Financials of Paras Wires Private Limited,
FY 2025 filings availableParas Wires Private Limited, reported revenue of ₹42.96 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 40% growth in the latest year. EBITDA rose 67% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹42.96 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.48 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Paras Wires Private Limited,, buy the company report.
Board of directors of Paras Wires Private Limited,
Paras Wires Private Limited has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Surana | Managing Director | 11 May 1996 | 30 Years 5 Months | Current |
| Usha Surana | Director | 27 Nov 1987 | 38 Years 11 Months | Current |
| Rupin Surana | Director | 21 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Paras Wires Private Limited, is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), 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 |
|---|---|---|---|---|---|---|
| Ecko Cables Pvt Ltd | ₹43.99 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Ellecab Electricals Private Limited | ₹43.92 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| CMR Control Systems India Private Limited | ₹43.36 Cr (FY 2025) | 20.0% | Pune, Maharashtra, India | |||
| Paras Wires Private Limited,this company | ₹42.96 Cr (FY 2025) | ₹1.48 Cr | 3.4% | 40.0% | 96 | Ramanagara, Karnataka, India |
To see the full peer comparison of Paras Wires Private Limited,, buy the company report.
Auditor
Paras Wires Private Limited, is audited by GRV & PK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRV & PK | FY 2023 | 008099S |
Shareholding
The shareholding of Paras 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 Paras Wires Private Limited,, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101236147 | State Bank of India | ₹3 Cr | Open | |
| 13 Jun 2025 | 101120709 | Axis Bank Limited | ₹61.42 Lakh | Open | |
| 12 Feb 2024 | 100864872 | Karnataka State Financial Corporation | ₹1.45 Cr | Open | |
| 30 Aug 2023 | 100777260 | Sidbi | ₹1 Cr | Open | |
| 08 Dec 2015 | 10625570 | Hdfc Bank Limited | ₹12.45 Cr | Open |
To see the full charge records of Paras Wires Private Limited,, buy the company report.
Total charge records: 17 View all charges
Legal cases
Paras Wires Private Limited, has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed against the company by M/S Allied Electronics Corporation | Disposed |
To see the full case history of Paras 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
Paras Wires Private Limited, has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 80 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Farcom Cable Systems Private Limited | |||
| an individual supplier | |||
| Precisions Metals | |||
| an individual supplier | |||
| Sankhla Industries |
To see the full MSME payment records of Paras Wires Private Limited,, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paras Wires Private Limited, has a workforce of 96 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Paras Wires Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACP8228L1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paras Wires Private Limited,, buy the company report.
Recent activity
Paras Wires Private Limited, has 5 board changes on record since 1987: 4 appointments and 1 cessation. The latest: Rupin Surana was appointed as Director on 21 Oct 2014.
30 earlier events are in the company report.
Frequently asked questions
Paras Wires Private Limited is an active private limited company based in Ramanagara, Karnataka, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 26 March 1987 (39+ years old) and is registered under CIN U27104KA1987PTC008265.
Paras Wires Private Limited has 3 current directors:
- Anil Surana - Managing Director
- Usha Surana - Director
- Rupin Surana - Director
The latest financial statements of Paras Wires Private Limited 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 Paras Wires Private Limited is 29AAACP8228L1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Paras Wires Private Limited is U27104KA1987PTC008265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Wires Private Limited has 1 court case on record: 1 filed against it.
Paras Wires Private Limited was incorporated on 26 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Paras Wires Private Limited by revenue are Ecko Cables Pvt Ltd, Ellecab Electricals Private Limited, CMR Control Systems India Private Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rupin Surana was appointed as Director on 21 Oct 2014. Rawath Malji Surana ceased to be Director on 02 Feb 2011. Anil Surana was appointed as Managing Director on 11 May 1996. Paras Wires Private Limited has 5 board changes on record in total.
Yes, Paras Wires Private Limited is registered as a small enterprise under Udyam registration (number: UDYAM-KR-29-0000294).
Paras Wires Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 80 overdue payments to 16 micro and small suppliers. The latest return was filed on 26 Oct 2019.
Paras Wires Private Limited can be reached through the website paraswires.net. Its registered office is in Ramanagara, Karnataka, India.