Cherry Agencies Private Limited

Online portal for tire and tube manufacturing and trading, with retail outlets and additional services.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated:

Cherry Agencies Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.02 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 93.85 Cr
  • Satisfied Charges ₹ 31.46 Cr
  • Revenue Growth -6.76%
  • Profit Growth -2.76%
  • Ebitda 39.37%
  • Net Worth 8.26%
  • Total Assets 15.16%

About Cherry Agencies

Cherry Agencies Private Limited (CAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 May 1999 and has a history of 25 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive 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 10.00 Cr and a paid-up capital of Rs 7.02 Cr.

The company currently has active open charges totaling ₹93.85 Cr. The company has closed loans amounting to ₹31.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjeev Agrawal and Rajesh Agrawal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U02511KA1999PTC025161

  • Company No.

    025161

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 May 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Cherry Agencies Private Limited offer?

Cherry Agencies Private Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Commercial Vehicle Tyres, Off Road Tyres, Car Tyres, Sports Car Tyre, Motorcycle Tyres, Ralco Bike Tyres, Oils, Grease & Lubricants, Lubricants, Metalworking Lubricants.

Company report

Cherry Agencies Private Limited

Explore comprehensive data for Cherry Agencies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Cherry Agencies?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Agrawal Country flag representing In Managing Director06-May-1999Current

Board Members (1)

NameDesignationAppointment DateStatus
Sanjeev Agrawal Country flag representing In Director 31-Oct-2022Current

Financial Performance of Cherry Agencies.

Cherry Agencies Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.76% decrease. The company also saw a slight decrease in profitability, with a 2.76% decrease in profit. The company's net worth moved up by a moderate rise of 8.26%.

Cherry Agencies revenue growth over time
Cherry Agencies 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
-6.76%
Revenue from Operations
-5.56%
Total Assets
15.16%
Profit or Loss
-2.76%
Net Worth
8.26%
EBITDA
39.37%

What is the Ownership and Shareholding Structure of Cherry Agencies?

In 2023, Cherry Agencies had a promoter holding of 99.98% and a public holding of 0.02%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.85 Cr

Satisfied Charges

₹31.46 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 50.90 Cr
  • Others : 42.35 Cr
  • Hdfc Bank Limited : 0.33 Cr
  • Vijaya Bank : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2023Others₹27.35 CrOpen
26 Mar 2021Hdfc Bank Limited₹3.30 MOpen
26 Mar 2018Others₹10.00 CrOpen
23 Mar 2018Others₹5.00 CrOpen
16 Jun 2007Axis Bank Limited₹50.90 CrOpen

How Many Employees Work at Cherry Agencies?

Cherry Agencies has a workforce of 200 employees as of Apr 10, 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.

Employee growth trends for Cherry Agencies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cherry Agencies, 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 Cherry Agencies'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 Cherry Agencies

Recent activity within the organization

  • Charges

    A charge registered on 26 Jul 2022 via Charge ID 100598360 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 06 Jan 2025.

  • Charges

    A charge registered on 28 Oct 2020 via Charge ID 100412576 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 02 Jan 2025.

  • Annual General Meeting

    Cherry Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 29 Dec 2022 via Charge ID 100671479 with Others was fully satisfied on 11 Sep 2024.

  • Balance Sheet

    Cherry Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 03 Sep 2022 via Charge ID 100656358 with State Bank Of India was fully satisfied on 26 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Cherry Agencies Private Limited?

    Cherry Agencies Private Limited was incorporated on 06 May 1999.

  • What is authorized share capital and paid-up capital of Cherry Agencies Private Limited?

    The authorized share capital of Cherry Agencies Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.02 Cr.

  • Who are the current board members & directors of Cherry Agencies Private Limited?

    Currently 2 directors are associated with Cherry Agencies Private Limited.

    • Sanjeev Narendra Agrawal
    • Rajesh Agrawal
  • What is the registered address of Cherry Agencies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cherry Agencies Private Limited is No.115 Lalbagh Fort Road, India, Bangalore, Karnataka, 560004.

  • What is the corporate identification number (CIN) and company number of Cherry Agencies Private Limited?

    The corporate identification number (CIN) of Cherry Agencies Private Limited is U02511KA1999PTC025161 and the company number is 025161 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cherry Agencies Private Limited?

    The Official website of Cherry Agencies Private Limited is https://www.cherryagencies.com

  • What has been the recent revenue trend for Cherry Agencies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Cherry Agencies Private Limited has fallen by -6.76%.

  • How many employees does Cherry Agencies Private Limited currently have?

    As Per 2023 financial reports, 200 employees are currently employed by Cherry Agencies Private Limited.

  • What change has been observed in the net worth of Cherry Agencies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Cherry Agencies Private Limited has experienced an upsurge of 8.26%.

  • What are the total open charges for Cherry Agencies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Cherry Agencies Private Limited amount to ₹ 93.85 Cr.

  • When was the last Balance Sheet of Cherry Agencies Private Limited filed with the ROC?

    The most recent Balance Sheet for Cherry Agencies Private Limited was filed with the ROC on 31 Mar 2024.

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