Ultra Wiring Connectivity Systems is a specialist that makes the small, precisely engineered plastic and metal parts that sit inside the electrical systems of cars, trucks and two-wheelers - connectors, fuse boxes, blade fuses and wiper blades - and it has spent over three decades moving from a single-product workshop into a supplier approved by nearly every major vehicle maker in India. Founded in 1991 as a sole proprietorship making couplers for wiring harnesses, it listed on the NSE’s SME platform in 2018 and today operates three plants in Faridabad with no subsidiaries, keeping the entire operation under one roof. The recurring pattern is visible across every product line: take a component that vehicle makers need in millions, engineer it to Japanese and international standards in-house - including the moulds and the testing - and then sell it both to the OEMs that build the vehicles and to the aftermarket that keeps them running. # Business segments Three engines built on the same factory floor - a connector-and-coupler core that has been running for three decades, a blade-fuse line that reshaped a fragmented market, and a wiper-blade business acquired ready-made from Taiwan - plus an early-stage bet on semiconductor pin connectors. ## 1. Connectors, couplers and allied components: the founding engine that still plugs into every major Indian vehicle platform **It makes the plastic connectors, bulb holders and fuse boxes that wiring-harness makers stitch into the electrical backbone of a vehicle, and it does so with tooling built to Japanese standards in its own tool-room.** - **Approved by the vehicle maker, sold to the harness maker** - the company’s connectors carry approvals for Tata Motors, Renault Nissan, Maruti Suzuki, TVS Motors, Kinetic and Mahindra & Mahindra, but its direct customers are the Tier-1 wiring-harness and lighting manufacturers - Lumax, Tyco Electronics, Yazaki India, the Minda Group and Fiem Industries - who assemble them into complete harnesses for those vehicle platforms. - **Moulds made in-house, not bought** - a dedicated tool-room manufactures precision moulds and dies to Japanese Standard JASO-D 616-2011 and ISO-8092, which means the company controls the quality of the tool that shapes every connector and can modify designs without waiting for an outside supplier. - **Forty electric presses running three shifts** - the three Faridabad plants house 40 fully automatic, all-electric, PLC-controlled injection moulding machines, mostly imported from Japan and Taiwan, running 24 hours a day to produce between 120 and 135 lakh couplers a month against a combined capacity of 150-175 lakh. - **Exports to four continents from one factory cluster** - the company ships to Thailand, Paraguay, Argentina and Brazil, extending its reach beyond the Indian OEM base without setting up plants overseas. ## 2. Blade fuses: the silver flagship that consolidated a fragmented market **A dedicated plant makes automotive blade fuses from 5A to 40A on high-speed hydro-pneumatic presses, and the company calls the 2014 launch an “immediate success” that brought order to a scattered Indian market.** - **One fuse, nine colours, a single standard** - every fuse is made to ISO 8820-3, with tin plating and a standard pack of 1,000 pieces; the housing colour - tan, brown, red, blue, yellow, natural, green, dark green or orange - tells the installer the ampere rating at a glance, and each variant carries a defined resistance value and voltage drop. - **Tested to the same Japanese standards as the connectors** - an in-house testing lab runs every test required for fuses under JASO standards, supported by an R&D team of experienced engineers, so quality assurance does not depend on outside labs. - **Formalised in the corporate charter in 2025** - the company amended its Memorandum of Association in August-September 2025 to add blade-fuse manufacturing for automotive and home-appliance applications as an explicit object clause, signalling that this is now a permanent business line rather than an experiment. ## 3. Wiper blades: a Taiwanese plant, bought whole and plugged into the Indian aftermarket **The company acquired a running wiper-blade production line from Yuan Lueh Co. Ltd of Taiwan, sells blades under its own “ULTRA” brand and makes them for other leading brands, and has spare capacity of 3 to 4 million pieces a year.** - **Bought, not built from scratch** - the entire production set-up came as an operating plant from Taiwan, equipped with high-speed power presses, riveting machines, wire strip machines, blister packing machines, rubber testing machines and an in-house powder coating plant, so the company started with proven equipment and processes rather than learning on the job. - **Two vehicle classes, two different engineering approaches** - passenger-vehicle blades run from 12 to 26 inches with 6 mm graphite-coated rubber, while commercial-vehicle blades use an aerodynamic design to prevent lifting at high speed, a powder-coated galvanised zinc steel frame to resist corrosion, and natural rubber squeegees for quieter operation. - **Tested for half a million cycles** - wiper blades are validated to 500,000 cycles, which is the durability benchmark the company uses to assure buyers that the rubber will not degrade prematurely. - **Ten million pieces a year, with room to grow** - the plant has a total capacity of 10 million wiper blades per annum, of which 3 to 4 million pieces are spare capacity, so the company can take on new orders without adding a second line. # Group structure and partners **A single standalone company with no subsidiaries, no joint ventures, and promoters holding nearly three-quarters of the equity - the entire business runs from three Faridabad plants and two owned warehouses.** - **Promoter-held and publicly listed on the NSE SME platform** - Shri Sanjay Mathur (25.07%) and Smt. Archana Mathur (48.48%) together hold 73.56% of the equity, with the balance traded on the Emerge platform of the National Stock Exchange. - **Three Faridabad plants, two distant warehouses** - Unit 1 and Unit 2 sit in the HSIIDC Industrial Area and Unit 3 in Industrial Model Town, all in Faridabad, while company-owned warehouses in Pune and Chennai serve customers in the Western and Southern Indian markets without requiring plants in those regions. - **Banking with HDFC Bank and SIDBI** - the company’s bankers are HDFC Bank Limited and SIDBI; in July 2024 it signed a term loan with SIDBI for up to Rs 226.72 lakh to acquire an industrial plot on Sohna Road for expansion, secured by a charge over immovable properties, hypothecation of plant and machinery, and personal guarantees of the promoters.