About Plaza Wires Limited

Plaza Wires Limited is an Indian manufacturer and trader of electrical wires and allied products, incorporated on August 23, 2006. The company was converted into a public company on March 10, 2022, and its equity shares were listed on the NSE and BSE on October 12, 2023, marking a key milestone in its corporate journey. The registered office is at A-74, Okhla Industrial Area, Phase-2, New Delhi-110020, with manufacturing facilities in Katha, Baddi (Himachal Pradesh) and a new unit at Barotiwala, Baddi, Himachal Pradesh, which commenced operations during the latest year.

The company’s product portfolio spans PVC/XLPE insulated copper and aluminium wires and cables (solid, multi-stranded and flexible) with insulation variants including PVC, HRFR, FR, FRLS, ZHFR and HR types. It also offers PCG rigid PVC conduit pipes and fittings, PVC self-adhesive electrical insulation tape, and a range of electrical distribution products such as Miniature Circuit Breakers (MCB), isolators, Residual Current Circuit Breakers, MCB-type changeover switches, distribution boards and plug-and-socket DBs. Plaza Wires serves customers across India through an extensive network of authorised dealers, distributors, retailers and C&F agents, supplying into states including Delhi, Uttar Pradesh, Haryana, Kerala, Rajasthan, Dehradun, Mumbai, Punjab, Guwahati, Tamil Nadu, J&K, Bihar, Madhya Pradesh, Himachal Pradesh and West Bengal; its customer base extended to 32 states and states/union territories as of March 31, 2025.

The company does not have any subsidiary, joint venture or associate company, simplifying its corporate structure and governance footprint. Recent milestones include the expansion of production capacity with the commissioning of the Barotiwala manufacturing unit and continued certification progress, underpinning product quality and compliance.

Key Milestones of Plaza Wires Limited

Key milestones include incorporation on August 23, 2006, conversion to a public limited company on March 10, 2022, and listing of equity shares on the NSE and BSE on October 12, 2023. The company commissioned its new facility at Barotiwala, Baddi in Himachal Pradesh during the latest financial year, enhancing capacity and operational footprint. Continued progress in compliance and certification, along with entry into export markets, also marked significant strides in its journey.

Plaza Wires Limited Business Verticals and Geographic Presence

Business Verticals:

• Electrical Wires and Cables: PVC/XLPE insulated copper and aluminium wires and cables (solid, multi-stranded, and flexible) with PVC, HRFR, FR, FRLS, ZHFR, and HR insulation types.
• Electrical Conduit and Accessories: PCG rigid PVC conduit pipes, fittings, and PVC self-adhesive insulation tapes.
• Electrical Distribution Products: Miniature Circuit Breakers (MCB), isolators, RCCBs, MCB-type changeover switches, distribution boards, and plug-and-socket DBs.

Geography Mix:

• Domestic: Strong footprint across India with customer base in 32 states and states/union territories as of March 31, 2025.
• International: Commencement of export sales with entry into Bhutan during the latest year.

Plaza Wires Limited Business Segment

Plaza Wires Limited operates as an integrated manufacturer and trader of electrical wires, cables, and distribution systems. Its core business spans production of copper and aluminium-based power cables and accessory products, including conduits, switches, MCBs, isolators, and boards. The company’s geographic coverage extends across India through a diversified network, with recent expansion into export markets initiating with Bhutan.

Plaza Wires Limited Key Management

• Sanjay Gupta – Chairman & Managing Director
• Aditya Gupta – Whole Time Director
• Abhishek Gupta – Whole Time Director
• Sonia Gupta – Whole Time Director
• Ish Sadana – Non-Executive and Independent Director
• Swati Jain – Non-Executive and Independent Director
• Monam Kapoor – Non-Executive and Independent Director
• Chetna – Non-Executive and Independent Director
• Ajay Kumar Batla – Chief Financial Officer
• Bhavika Kapil – Company Secretary & Compliance Officer

Latest Updates on Plaza Wires Limited

• Capacity expansion: Commenced operations of its new manufacturing unit at Barotiwala, Baddi, Himachal Pradesh, strengthening its production base in the region.
• Market reach: Extended dealer–distributor network nationwide and served customers in 32 states and states/union territories as of March 31, 2025.
• Exports initiated: Began international sales with entry into Bhutan, marking its first step into export markets.
• Credit rating: CRISIL reaffirmed a long-term bank facilities rating of CRISIL BBB-/Negative through its letter dated March 31, 2025.
• Certifications: Renewal of the Bureau of Indian Standards licence for Aerial Bunched Cables (IS 14255:1995) for the Baddi facility, valid from July 12, 2025, to July 11, 2026.