- CEO
- Sanjay Gupta
- Full Time Employees
- 199
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- A-74 Okhla Industrial Area New Delhi DE India 110020
- IPO Date
- Oct 12, 2023
- Business
- Plaza Wires Limited manufactures and sells wires and cables and markets low-tension aluminum cables and fast-moving electrical goods under its flagship Plaza Cables brand and home brands Action Wires and PCG; its core products include building wires (house wires), single- and multicore round flexible industrial cables, submersible pump and motor cables up to 1.1kV grade, low-tension power control cables, TV dish antenna coaxial cables, telephone and switchboard cables, computer and LAN networking cables, CCTV cables, solar cables; it also offers FMEG products such as electric fans, water heaters, switches, switchgears, PVC insulated electrical tapes, PVC conduit pipes and accessories, and miniature circuit breakers and distribution boards, many sourced through third-party manufacturers compliant with BIS and other quality standards. The company, originally incorporated as Navratna Wires Private Limited in 2006 and headquartered in New Delhi with a manufacturing facility in Baddi, Himachal Pradesh, operates across India through over 1,249 authorized dealers and distributors, branch offices in Rajasthan, Uttarakhand and Uttar Pradesh, warehouses in Uttar Pradesh, Assam, Kerala and Delhi, and a C&F agent in Punjab, serving markets in 31 states and union territories with a focus on northern India including Delhi-NCR, Uttar Pradesh and Haryana. In recent developments, Plaza Wires completed its initial public offering in October 2023 raising Rs 71.28 crore to fund a new manufacturing unit at Baddi for expanded capacity of 837,000 coils and 8,700 km of cables annually, including fire-resistant wires, aluminum cables and solar cables; it reported standalone net profit surging 225% to Rs 0.52 crore on 56% sales growth to Rs 74.71 crore for the quarter ended September 2025, amid plans to strengthen its ISO 9001:2015- and 14001:2015-certified operations and distribution network.