Carona Industries Private Limited

Textile company specializing in cotton hosiery yarn processing and trading with international exports.

2006 | Erode, Tamil Nadu (India) | Active
Last Updated: January 09, 2025

Carona Industries Profile

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 13.35 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 44.68 Cr
  • Revenue Growth 311.45%
  • Profit Growth -14.70%
  • Ebitda -45.32%
  • Net Worth -1.10%
  • Total Assets -0.46%

About Carona Industries

Carona Industries Private Limited (CIPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 December 2006 and has a history of 18 years and one month. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 13.50 Cr and a paid-up capital of Rs 13.35 Cr.

The company has closed loans amounting to ₹44.68 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Saminathan Kaliyappagounder, Kathiresh Swaminathan, and Swaminathan Shanthamani serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2006PTC013308

  • Company No.

    013308

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Carona Industries?

Board Members (3)

Name Designation Appointment Date Status
Saminathan Kaliyappagounder Country flag representing In Director 27-Dec-2006 Current
Kathiresh Swaminathan Country flag representing In Director 27-Dec-2006 Current
Swaminathan Shanthamani Country flag representing In Director 27-Dec-2006 Current

Financial Performance of Carona Industries.

Carona Industries Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 311.45% increase. The company also saw a substantial fall in profitability, with a 14.7% decrease in profit. The company's net worth dipped by a decrease of 1.1%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
311.45%
Revenue from Operations
Total Assets
-0.46%
Profit or Loss
-14.70%
Net Worth
-1.10%
EBITDA
-45.32%

What is the Ownership and Shareholding Structure of Carona Industries?

In 2020, Carona Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹44.68 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 33.68 Cr
  • State Bank Of Mysore : 11.00 Cr

Latest Charge Details

Date Lender Amount Status
03 Nov 2007 State Bank Of Mysore ₹11.00 Cr Satisfied
28 Sep 2007 State Bank Of India ₹33.68 Cr Satisfied

How Many Employees Work at Carona Industries?

Unlock and access historical data on people associated with Carona Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Carona Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Carona Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Carona Industries

Recent activity within the organization

  • Annual General Meeting

    Carona Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Carona Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 03 Nov 2007 via Charge ID 10081882 with State Bank Of Mysore was fully satisfied on 17 Apr 2017.

    17 Apr 2017

  • Charges

    A charge registered on 28 Sep 2007 via Charge ID 10075156 with State Bank Of India was fully satisfied on 17 Apr 2017.

    17 Apr 2017

  • Charges

    A charge with State Bank Of Mysore of Rs. 11.00 Cr registered on 03 Nov 2007 with Charge ID 10081882 was modified on 23 Dec 2014.

    23 Dec 2014

  • Charges

    A charge with State Bank Of India of Rs. 33.68 Cr registered on 28 Sep 2007 with Charge ID 10075156 was modified on 16 Dec 2011.

    16 Dec 2011

Frequently asked questions

  • Carona Industries Private Limited was incorporated on 27 Dec 2006.

  • The authorized share capital of Carona Industries Private Limited is ₹ 13.50 Cr and paid-up capital is ₹ 13.35 Cr.

  • Currently 3 directors are associated with Carona Industries Private Limited.

    • Saminathan Kaliyappagounder
    • Kathiresh Swaminathan
    • Swaminathan Shanthamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Carona Industries Private Limited is No.1 Bridgeway Colony Extn (North), India, Tirupur, Tamil Nadu, 641607.

  • The corporate identification number (CIN) of Carona Industries Private Limited is U17111TZ2006PTC013308 and the company number is 013308 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Carona Industries Private Limited is https://www.carona.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Carona Industries Private Limited has risen by 311.45%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Carona Industries Private Limited has experienced an downturn of -1.10%.

  • The most recent Balance Sheet for Carona Industries Private Limited was filed with the ROC on 31 Mar 2023.

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