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Cords Cable Industries > Company History > Cables - Power & Others > Company History of Cords Cable Industries - BSE: 532941, NSE: CORDSCABLE

Cords Cable Industries

BSE: 532941|NSE: CORDSCABLE|ISIN: INE792I01017|SECTOR: Cables - Power & Others
Jan 23, 16:00
9.05 (19.98%)
VOLUME 67,265
Jan 23, 15:59
9.05 (19.93%)
VOLUME 559,742
Company History - Cords Cable Industries
Our Company was incorporated on October 21, 1991 
 as Cords Cable Industries Private Limited by a group 
 of three professionals, Mr. Naveen Sawhney, 
 Mr. D.K. Prashar and Mr. Rakesh Malhotra
 with an objective to cater to the growing requirement 
 for high quality.Customised cables. One of our main 
 objects was to acquire and take over as a going concern 
 the partnership business carried on under the name and 
 style of Cords Cable Industries.
 We started our operations by manufacturing co-axial 
 cables and instrumentation cables at our production unit 
 at Okhla Industrial Area, New Delhi.Thereafter,
 we took over the business of the partnership concern M/s
 Cords Cable Industries as a going concern along with all 
 assets and liabilities with effect from May 1, 1992.
 M/s Cords Cable Industries was established on 
 October 23, 1987 to manufacture and trade cables. 
 The firm was jointly formed by Mrs. Santosh Malhotra,
 Mr. Chanan Lal Sawhney, Mr. B.D. Prashar, Mr. A.M. Sanghvi
 and Mr. Vimal Dev Monga. Pursuant to the takeover, 
 the said partnership concern ceased to exist with effect 
 from May 1, 1992.
 Our promoters are from engineering and management disciplines. 
 They have been associated individually with the Cable Industry 
 for over thirty years and have varied experience in the areas
 of manufacturing,marketing etc. in the Cable Industry. 
 Our Company became a deemed public limited company w.e.f July 1,
 1997 and restored its status of private limited company 
 again w.e.f February 6, 2003. Our Company gotvconverted 
 into a public limited company vide a certificate of 
 incorporation dated May 10, 2006.
 To keep up the growth momentum, we added control cables 
 and customized instrumentation cables to our product portfolio. 
 In line with our vision to go up the value chain and to increase
 our production capacity, we set up a state of the art manufacturing 
 facility at Chopanki, Dist. Alwar, Rajasthan in 2003-04 of approx 
 45,000 sq.ft. covered area. This enabled us to diversify our product
 range so as to cater to the cable requirements of the energy and 
 infrastructure sectors of our country. In November 2006,
 we increased the capacities for existing products and expanded 
 our factory from 45,000 sq. ft.covered area to 92,000 sq. ft covered
 Over a period of time, we have expanded our product range 
 and have added a variety of speciality cables in our product range.
 At present we are focusing on LT cables, control & instrumentation 
 cables and speciality cables. In the proposed expansion project, 
 we plan to add HT cables and Rubber cables to our existing product 
 portfolio.We cater to a majority of core industries such as power,
 cement, chemicals,petrochemicals,steel etc. Our clientele includes 
 blue chip companies like BHEL L&T, NTPC, Reliance Energy Ltd. and
 We are an ISO 9001:2000 accredited company and hold BIS certification
 for all types of cables conforming to IS:1554(1)/1988 and IS:694-90.
 At the time of incorporation, the registered office of our 
 Company was situated at C-25, Lajpat Nagar-III, New Delhi - 110024. 
 With effect from March 1, 2005,our registered office was shifted 
 to B-1 / A-26, Mohan Cooperative Industrial Estate,Mathura Road, 
 New Delhi - 110044.Our Companys growth over the last 15 years
 is highlighted below:
 Year Event
 1991 Incorporated as a Private Limited Company
 1991 Commenced manufacturing of Control Cables and Customised 
 Instrumentation Cables.
 1992 Took over the business of the partnership firm M/s Cords 
 Cables Industries as a going concern
 1996 Manufacturing unit was shifted from Naraina Industrial 
 Area to Mohan Co-operative Industrial Estate
 1997 Company became Deemed Public Limited Company
 1998 Obtained ISO 9002:1994 certificate from Underwriters
 Laboratories Inc. for drawing and insulating of non-ferrous 
 wire, manufacture of PVC/PE insulated copper/aluminium conductor,
 armoured/unarmoured, for instrumentation, power, control,
 radio frequency co-axial, telephone including jelly filled (upto 
 100 pair capacity), thermocouple extension and compensating cables.
 2003 Set up a state of the art manufacturing facility at 
 Chopanki, Dist. Alwar, Rajasthan, having covered area of over
 45,000 sq. ft, giving a two-fold jump  to the revenue
 2004 Obtained ISO 9001:2000 certificate from Quality 
 Certification Bureau Inc. for manufacture and supply of power,
 control, instrumentation, signalling,communication, thermocouple
 and panel wires & cables.
 2004 Registered our logo CORDS with the Trade Mark Registry and a 
 certificate of registration was issued to us
 2004 Enrolled as a member of PHD Chamber of Commerce and Industry.
 2006 Completed the first phase of our expansion whereby the 
 total covered area of our factory increased from 45,000 sq. 
 ft. to 92,000 sq. ft.
 2006 Converted into a Public Limited Company
 2007 Gross turnover crossed Rs. 100 crores.
 -  The Company received the Award as Best under a $ Billion
 recognised by Forbes magazine - a listing of best companies in
 Asia-Pacific region .
 - The Company was awarded The International Quality Crown Award (Gold
 Category) by Business Initiative Directions (BID).
 - The Company recognised as the 513th fastest growing company in the
 - The Company was awarded as Ratna Shiromani Award for excellence in
 manufacturing and marketing of special screened communication
  - The Company has Bagged an Export Order from its worldwide
 recognized French Customer for Supplies to the state of Kuwait.
 -Cords Cable Industries has bagged prestigious Large Value Orders
 from one of the Worlds Largest EPC and Contract Mining Organisation.
 -Cords Cable bags Rs 80 mn orders from Leighton Welspun Contractors.
 -Cords Cable bags Rs 157 mn order from Welspun Energy for the
 development of 100-MW Solar Project in the state of Tamil Nadu.
 -Cords Cable Industries Ltd Registered Office of the Company has been
 changed to 94, 1st Floor, Near Shambhu Dayal Bagh, Old Ishwar Nagar,
 Okhla Industrial Area Phase-Ill, New Delhi-110020.
Source : Dion Global Solutions Limited
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