Prime Wires Private Limited

Prime Wires Private Limited - manufacturing in Palghar, Maharashtra, India. FY 2026 financials & compliance.
CIN U28910MH2013PTC245510 Incorporated 11 July 2013 ROC Mumbai HQ Palghar, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹41.24 Cr
▼ 4% YoY
Net profit · FY 2024
₹1.07 Cr
Net margin 2.6%
EBITDA · FY 2024
₹2.08 Cr
EBITDA margin 5.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.6 Cr
Satisfied ₹2.92 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
12
Provident fund records

About Prime Wires Private Limited

Data last updated:

Prime Wires Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 11 July 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28910MH2013PTC245510. Its GSTIN is 27AAHCP5502G1ZJ (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hasmukh Sevantilal Shah and Bhavya Vasant Shah.

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 Palghar, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹41.24 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Cr (net margin 2.6%) and EBITDA of ₹2.08 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.6 Cr and satisfied charges of ₹2.92 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 5 cases are pending.

Prime Wires Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0011629). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jyotistitchingwires.com.

Company details

CIN U28910MH2013PTC245510
Registration Number 245510
Incorporation Date 11 July 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0011629
Key People
Hasmukh Sevantilal Shah Director Bhavya Vasant Shah Director Rajesh Manubhai Patni Director

Recognitions & Rankings of Prime Wires

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-17-0011629

Contact details

Prime Wires Private Limited's registered office is in Palghar, Maharashtra. Its website is jyotistitchingwires.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    jyotistitchingwires.com
  • Registered Address
    Jay Chamundeshwari Industrial Complex Unit No.12 13 113 Building No.2 S No.54 Naikpada, Vasai – E, Palghar, Maharashtra, India – 401208
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of Prime Wires Private Limited, buy the company report.

Comprehensive company report
Prime Wires Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Prime Wires is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Prime Wires Private Limited, buy the company report.

Financials of Prime Wires Private Limited

FY 2025 filings available

Prime Wires Private Limited reported revenue of ₹41.24 Cr (down 4% YoY) for FY 2024.

Revenue · FY 2024
₹41.24 Cr ▼ 4%
Net profit · FY 2024
₹1.07 Cr margin 2.6%
EBITDA · FY 2024
₹2.08 Cr margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 17%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 21%
5 years · compounded
▲ 15%

Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 55% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.08 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.07 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.1%
Net Profit Margin2.6%
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 Prime Wires Private Limited, buy the company report.

Board of directors of Prime Wires Private Limited

Prime Wires has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hasmukh Sevantilal ShahDirector11 Jul 201313 Years 3 MonthsCurrent
Bhavya Vasant Shah
Also directs: Excellent Wires and Packaging Limited, Kinsh Impex Limited
Director11 Jul 201313 Years 3 MonthsCurrent
Rajesh Manubhai PatniDirector02 Jan 20206 Years 9 MonthsCurrent
View all directors

Auditor

Prime Wires Private Limited is audited by BOHARA SHAH & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BOHARA SHAH & COFY 2023143865W

Shareholding

The shareholding of Prime Wires Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Prime Wires Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.6 Cr
Satisfied charges
₹2.92 Cr
Breakdown by lending institutions
Others₹2.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jun 2021100453462Others₹2.6 CrOpen
21 Jul 201410511585Hdfc Bank Limited₹2.92 CrSatisfied

To see the full charge records of Prime Wires Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prime Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Prime Wires Private Limited has a workforce of 12 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
-20%

GST

Prime Wires has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCP5502G1ZJMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Prime Wires Private Limited, buy the company report.

Recent activity

Prime Wires Private Limited has 5 board changes on record since 2013: 4 appointments and 1 cessation. The latest: Niyati Rajesh Patni ceased to be Director on 02 Jan 2020.

AGM
Prime Wires Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prime Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge registered on 21 Jul 2014 via Charge ID 10511585 with Hdfc Bank Limited was fully satisfied on 07 Jan 2022.
Charges
A charge with Others amounted to Rs. 259.94 Lakh with Charge ID 100453462 was registered on 24 Jun 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 292.44 Lakh registered on 21 Jul 2014 with Charge ID 10511585 was modified on 28 Oct 2020.
Ceased
Niyati Rajesh Patni ceased to be Director.
Appointed
Rajesh Manubhai Patni was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 292.44 Lakh with Charge ID 10511585 was registered on 21 Jul 2014.
Appointed
Niyati Rajesh Patni was appointed as Director.
Appointed
Bhavya Vasant Shah was appointed as Director.
Appointed
Hasmukh Sevantilal Shah was appointed as Director.
Incorporation
11 Jul 2013
Prime Wires Private Limited was registered on 11 Jul 2013 with Roc Mumbai Ii & aged 13 years 3 months as per MCA records.

Frequently asked questions

Prime Wires is an active private limited company based in Palghar, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 11 July 2013 (13+ years old) and is registered under CIN U28910MH2013PTC245510.

Prime Wires has 3 current directors:

The latest financial statements of Prime 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 Prime Wires is 27AAHCP5502G1ZJ, registered in Maharashtra.

The CIN (Corporate Identification Number) of Prime Wires is U28910MH2013PTC245510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prime Wires has 8 court cases on record: 8 filed by the company. 5 are pending.

Prime Wires was incorporated on 11 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Niyati Rajesh Patni ceased to be Director on 02 Jan 2020. Rajesh Manubhai Patni was appointed as Director on 02 Jan 2020. Niyati Rajesh Patni was appointed as Director on 29 Jan 2014. Prime Wires has 5 board changes on record in total.

Yes, Prime Wires is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0011629).

Prime Wires can be reached through the website jyotistitchingwires.com. Its registered office is in Palghar, Maharashtra, India.