Chear India Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.50 M
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.50 Cr
- Satisfied Charges ₹ 1.94 M
- Revenue Growth 32.05%
- Profit Growth 40.33%
- Ebitda 31.54%
- Net Worth 59.32%
- Total Assets 29.89%
About Chear India
Chear India Private Limited (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 May 2010 and has a history of 14 years and eight months. Its registered office is in Tiruchirappalli, Tamil Nadu, India.
The Corporate was formerly known as Chear India Private Limited. The Company is engaged in the Energy And Power 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 1.00 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹1.94 M, as per Ministry of Corporate Affairs (MCA) records.
Pothiraaj Srikanth and Ramasamy Kannan serve as directors at the Company.
Company Details
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Location
Tiruchirappalli, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74210TN2010PTC075739
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Company No.
075739
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 May 2010
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Chear India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pothiraaj Srikanth
|
Managing Director | 29-Mar-2019 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ramasamy Kannan
|
Director | 07-Mar-2012 | Current |
Financial Performance of Chear India.
Chear India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.05% increase. The company also saw a substantial improvement in profitability, with a 40.33% increase in profit. The company's net worth Soared by an impressive increase of 59.32%.
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What is the Ownership and Shareholding Structure of Chear India?
In 2023, Chear India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹25.00 M
₹1.94 M
Charges Breakdown by Lending Institutions
- Others : 1.75 Cr
- Axis Bank Limited : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2023 | Others | ₹1.00 Cr | Open |
| 20 Jul 2023 | Others | ₹7.50 M | Open |
| 17 Jul 2023 | Axis Bank Limited | ₹7.50 M | Open |
| 17 Dec 2018 | Others | ₹1.94 M | Satisfied |
How Many Employees Work at Chear India?
Chear India has a workforce of 700 employees as of Mar 31, 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 Chear India, 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 Chear India'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.
