Chetak Gears Private Limited

Manufactures and trades in various types of gears, clutch plates, axles, and decorative parts for vehicles.

1986 | Rupnagar, Punjab (India) | Active
Last Updated:

Chetak Gears Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.43 M
  • Company Age 39 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth 4.98%
  • Profit Growth 18.89%
  • Ebitda 55.44%
  • Net Worth 16.09%
  • Total Assets -0.16%

About Chetak Gears

Chetak Gears Private Limited (CGPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 February 1986 and has a history of 39 years. Its registered office is in Rupnagar, Punjab, India.

The Corporate was formerly known as Chetak Gears Ltd. The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 1.43 M.

The company has closed loans amounting to ₹6.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Deepak Sohal, Jasbir Maggu, Baljit Maggu, and Two other members serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300PB1986PTC039798

  • Company No.

    039798

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

Who are the key members and board of directors at Chetak Gears?

Board Members (5)

NameDesignationAppointment DateStatus
Deepak Sohal Country flag representing In Director 29-Sep-2011Current
Jasbir Maggu Country flag representing In Director 29-Sep-2011Current
Baljit Maggu Country flag representing In Director 29-Sep-2011Current
Janak Gupta Country flag representing In Director 14-Sep-2002Current
Pradeep Jindal Country flag representing In Director 19-Feb-1986Current

Financial Performance of Chetak Gears.

Chetak Gears Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.98% increase. The company also saw a substantial improvement in profitability, with a 18.89% increase in profit. The company's net worth Soared by an impressive increase of 16.09%.

Chetak Gears revenue growth over time
Chetak Gears 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
4.98%
Revenue from Operations
Total Assets
-0.16%
Profit or Loss
18.89%
Net Worth
16.09%
EBITDA
55.44%

What is the Ownership and Shareholding Structure of Chetak Gears?

In 2023, Chetak Gears had a public holding of 15.02%. 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

₹6.00 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2015Kotak Mahindra Bank Limited₹6.00 CrSatisfied

How Many Employees Work at Chetak Gears?

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

Employee growth trends for Chetak Gears Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chetak Gears, 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 Chetak Gears'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 Chetak Gears

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Chetak Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge registered on 30 Mar 2015 via Charge ID 10558426 with Kotak Mahindra Bank Limited was fully satisfied on 27 Jan 2023.

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 6.00 Cr with Charge ID 10558426 was registered on 30 Mar 2015.

  • Director Appointment

    Deepak Kumar Sohal was appointed as a Director was appointed as a Director on 29 Sep 2011 & has been associated with this company since 13 years 5 months .

  • Director Appointment

    Jasbir Singh Maggu was appointed as a Director was appointed as a Director on 29 Sep 2011 & has been associated with this company since 13 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Chetak Gears Private Limited?

    Chetak Gears Private Limited was incorporated on 19 Feb 1986.

  • What is authorized share capital and paid-up capital of Chetak Gears Private Limited?

    The authorized share capital of Chetak Gears Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.43 M.

  • Who are the current board members & directors of Chetak Gears Private Limited?

    Currently 5 directors are associated with Chetak Gears Private Limited.

    • Deepak Kumar Sohal
    • Jasbir Singh Maggu
    • Baljit Kaur Maggu
    • Janak Gupta
    • Pradeep Kumar Jindal

  • What is the registered address of Chetak Gears Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chetak Gears Private Limited is D-136 Industrial Area Phase-7, India, Mohali, Punjab, 160055.

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

    The corporate identification number (CIN) of Chetak Gears Private Limited is U34300PB1986PTC039798 and the company number is 039798 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Chetak Gears Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chetak Gears Private Limited has risen by 4.98%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Chetak Gears Private Limited has experienced an upsurge of 16.09%.

  • When was the last Balance Sheet of Chetak Gears Private Limited filed with the ROC?

    The most recent Balance Sheet for Chetak Gears Private Limited was filed with the ROC on 31 Mar 2023.

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