Cg Power Equipments Profile
Key Indicators
- Authorised Capital ₹ 175.00 Cr
- Paid Up Capital ₹ 3.18 Cr
- Company Age 10 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth %
- Profit Growth 41.01%
- Ebitda 41.01%
- Net Worth -25.07%
- Total Assets -19.86%
About Cg Power Equipments
Cg Power Equipments Limited (CPEL) is a Public Limited Indian Non-Government Company incorporated in India on 19 September 2014 and has a history of Ten years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Crompton Consumer Products Limited. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 175.00 Cr and a paid-up capital of Rs 3.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravi Allam, Samir Ghiya, and Susheel Todi serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31900MH2014PLC258217
- Company No.
258217
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Sep 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
Cg Power Equipments Limited
Explore comprehensive data for Cg Power Equipments Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Cg Power Equipments?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samir Ghiya  | Director | 30-Dec-2020 | Current |
| Ravi Allam | Director | 11-Dec-2018 | Current |
| Susheel Todi | Director | 13-Jul-2021 | Current |
Financial Performance of Cg Power Equipments.
Cg Power Equipments Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 41.01% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Cg Power Equipments?
In 2023, Cg Power Equipments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
G.G. Tronics India Private LimitedSusheel Todi is a mutual person
Cg Adhesive Products LimitedSusheel Todi is a mutual person
Axiro Semiconductor Private LimitedSusheel Todi is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Cg Power Equipments?
Unlock and access historical data on people associated with Cg Power Equipments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Cg Power Equipments, 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 Cg Power Equipments's trajectory.
Rating
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Alerts
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 Cg Power Equipments
Recent activity within the organization
- Annual General Meeting
Cg Power Equipments Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Cg Power Equipments Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Susheel Prasad Todi was appointed as a Director was appointed as a Director on 13 Jul 2021 & has been associated with this company since 3 years 8 months .
- Director Appointment
Samir Narendra Ghiya was appointed as a Director was appointed as a Director on 30 Dec 2020 & has been associated with this company since 4 years 3 months .
- Director Appointment
Ravi Kanth Allam was appointed as a Director was appointed as a Director on 11 Dec 2018 & has been associated with this company since 6 years 4 months .
- Company Incorporation
Cg Power Equipments Limited was registered on 19 Sep 2014 with Roc Mumbai & aged 10 years 6 months as per MCA records.
Recent News, Updates & Announcement
Renesas forms new JV to build OSAT facility in India.CG Power and Industrial Solutions Limited, Renesas and Stars Microelectronics recently signed an agreement to establish a joint venture to build and operate an OSAT facility in India..
- CG Power gets Cabinet nod for Rs 7,600 crore semiconductor unit in Gujarat.
Chennai, Feb 29 Murugappa Group's CG Power and Industrial Solutions Ltd on Thursday got the Union Cabinet's nod for setting up a semiconductor unit for specialised chips at an outlay of Rs 7,600 crore.CG Power, in partnership with Renesas Electronics Corporation, Japan and Stars Microelectronics, Thailand will set up the semiconductor unit in Gujarat's Sanand.Renesas is a leading semiconductor company focussed on specialised chips. It operates 12 semiconductor facilities and is an important player in micro-controllers, analogue, power, and System on Chip ('SoC') products.The CG Power’s semiconductor unit will have a capacity to make 15 million chips per day for consumer, industrial, automotive, and power applications.On February 8, CG Power had announced that it had signed an agreement to form a joint venture company to set up an outsourced semiconductor assembly and testing (OSAT) facility. As per the agreement, CG Power, Renesas, and Stars are to subscribe in one or more tranches, subject to satisfaction of conditions precedent, up to $205 million, $15 million, $ 2 million respectively, towards equity capital of the JV company to be formed representing approximately 92.34 per cent, 6.76 per cent, and 0.90 per cent, respectively.Meanwhile, CG Power, in a regulatory filing, said it has received a tax demand notice for Rs 188,78,91,580 from the Income Tax Department in respect of Assessment Year 2022-23. "The Company is in the process of filing an appeal against the disallowances/additions made in the Assessment Order, and also an application for rectification of the mistakes apparent in the Assessment Order," it said.At the bourses, the CG Power share on Thursday closed at Rs 443.85 after opening at Rs 428.70.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor.
Frequently asked questions
What is the Incorporation or founding date of Cg Power Equipments Limited?
Cg Power Equipments Limited was incorporated on 19 Sep 2014.
What is authorized share capital and paid-up capital of Cg Power Equipments Limited?
The authorized share capital of Cg Power Equipments Limited is ₹ 175.00 Cr and paid-up capital is ₹ 3.18 Cr.
Who are the current board members & directors of Cg Power Equipments Limited?
Currently 3 directors are associated with Cg Power Equipments Limited.
- Ravi Kanth Allam
- Samir Narendra Ghiya
- Susheel Prasad Todi
What is the registered address of Cg Power Equipments Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Cg Power Equipments Limited is 6Th Floor House Dr A.B. Road, Worli India, Mumbai, Maharashtra, 400030.
What is the corporate identification number (CIN) and company number of Cg Power Equipments Limited?
The corporate identification number (CIN) of Cg Power Equipments Limited is U31900MH2014PLC258217 and the company number is 258217 as per Ministry of Corporate Affairs (MCA).
What is the official website of Cg Power Equipments Limited?
The Official website of Cg Power Equipments Limited is https://www.cgglobal.com
What change has been observed in the net worth of Cg Power Equipments Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Cg Power Equipments Limited has experienced an downturn of -25.07%.
When was the last Balance Sheet of Cg Power Equipments Limited filed with the ROC?
The most recent Balance Sheet for Cg Power Equipments Limited was filed with the ROC on 31 Mar 2024.
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