Chavare Engineering Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.00 Cr
- Satisfied Charges ₹ 60.96 Cr
- Revenue Growth 21.25%
- Profit Growth 155.85%
- Ebitda 121.22%
- Net Worth 11.77%
- Total Assets 14.66%
About Chavare Engineering
Chavare Engineering Private Limited (CEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 June 1996 and has a history of 28 years and eight months. Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Information Technology 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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.
The company currently has active open charges totaling ₹22.00 Cr. The company has closed loans amounting to ₹60.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Chavare and Rajesh Chavare serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29100MH1996PTC100426
- Company No.
100426
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jun 1996
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Chavare Engineering Private Limited offer?
Chavare Engineering Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Starter Panel, Electric Control Panel, Power Panels, Distribution Box, Three-Phase Control Panel, Industrial Control Panel, Industrial Control Systems, Electronic Control Systems, VFD.
Who are the key members and board of directors at Chavare Engineering?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Chavare  | Director | 21-Jun-1996 | Current |
| Rajesh Chavare | Director | 21-Jun-1996 | Current |
Financial Performance of Chavare Engineering.
Chavare Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.25% increase. The company also saw a substantial improvement in profitability, with a 155.85% increase in profit. The company's net worth Soared by an impressive increase of 11.77%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Chavare Engineering?
In 2023, Chavare Engineering had a promoter holding of 49.00% and a public holding of 51.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Endress + Hauser & Chavare Engineering (Jv) Private LimitedSanjay Chavare and Rajesh Chavare are mutual person
Charges (Loans)
₹22.00 Cr
₹60.96 Cr
Charges Breakdown by Lending Institutions
- Others : 22.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2022 | Others | ₹22.00 Cr | Open |
| 10 Aug 2015 | Idbi Bank Limited | ₹16.00 Cr | Satisfied |
| 18 Nov 2014 | Idbi Bank Limited | ₹16.00 Cr | Satisfied |
| 07 Mar 2013 | Bank Of India | ₹13.00 Cr | Satisfied |
| 26 Dec 2012 | Bank Of India | ₹13.00 Cr | Satisfied |
How Many Employees Work at Chavare Engineering?
Chavare Engineering has a workforce of 91 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Chavare Engineering, 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 Chavare Engineering's trajectory.
Rating
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
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.