Choice International Limited

A financial company offering investment banking, stock trading, management consulting, and e-commerce services.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Choice International Profile

Key Indicators

  • Authorised Capital ₹ 225.00 Cr
  • Paid Up Capital ₹ 199.38 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 170.47 Cr
  • Satisfied Charges ₹ 100.60 Cr
  • Revenue Growth 15.12%
  • Profit Growth -6.04%
  • Ebitda -6.27%
  • Net Worth 2.29%
  • Total Assets 5.95%

About Choice International

Choice International Limited (CIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 March 1993 and has a history of 31 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531358 and on the National Stock Exchange(NSE) under CHOICEIN.

The Corporate was formerly known as Choice Financial Services Ltd. The Company is engaged in the Financial Services 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 225.00 Cr and a paid-up capital of Rs 199.38 Cr.

The company currently has active open charges totaling ₹170.47 Cr. The company has closed loans amounting to ₹100.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Choice International Limited India are Manoj Sighania as Cfo, Arun Poddar as Ceo, and Karishma Shah as Company Secretary. Subodh Agrawal, Kamal Poddar, Sudha Bhushan, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    choiceindia.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L67190MH1993PLC071117

  • Company No.

    071117

  • Stock Symbol

    BSE : 531358 NSE : CHOICEIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1993

  • Date of AGM

    26 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Choice International Limited offer?

Choice International Limited offers a wide range of products and services, including School Book, Computer Books, Coloring Book, Mathematical Books, Children Books, General Books, Reference Books, Physics Books, Drawing Book, Sanskrit Books.

Who are the key members and board of directors at Choice International?

Executive Team (5)

NameDesignationAppointment DateStatus
Suyash Patodia Country flag representing In Managing Director08-Feb-2022Current
Kamal Poddar Country flag representing In Managing Director23-Sep-2008Current
Manoj Sighania Country flag representing In CFO03-Feb-2015Current
Arun Poddar CEO24-May-2022Current
Karishma Shah Country flag representing In Company Secretary14-Jul-2016Current

Board Members (9)

NameDesignationAppointment DateStatus
Sandeep Kumar Country flag representing In Director 12-Feb-2021Current
Ajay Kejriwal Country flag representing In Director 29-May-2010Current
Subodh Agrawal Country flag representing In Director 02-Nov-2020Current
Sudha Bhushan Country flag representing In Director 12-Feb-2021Current
Arun Poddar Country flag representing In Director 08-Feb-2022Current
Vinita Patodia Country flag representing In Director 24-May-2022Current

Financial Performance of Choice International.

Choice International Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.12% increase. The company also saw a slight decrease in profitability, with a 6.04% decrease in profit. The company's net worth moved up by a moderate rise of 2.29%.

Choice International revenue growth over time
Choice International 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
15.12%
Revenue from Operations
14.84%
Total Assets
5.95%
Profit or Loss
-6.04%
Net Worth
2.29%
EBITDA
-6.27%

What is the Ownership and Shareholding Structure of Choice International?

In 2023, Choice International had a promoter holding of 55.32% and a public holding of 44.68%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹170.47 Cr

Satisfied Charges

₹100.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 91.85 Cr
  • Axis Bank Limited : 35.62 Cr
  • State Bank Of India : 28.00 Cr
  • Standard Chartered Bank : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2024Others₹15.00 CrOpen
05 Jan 2024Others₹5.50 CrOpen
11 Sep 2023Others₹3.85 CrOpen
29 May 2023Others₹7.50 CrOpen
01 May 2023Axis Bank Limited₹26.75 CrOpen

How Many Employees Work at Choice International?

Choice International has a workforce of 2 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 Choice International Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Choice International, 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 Choice International'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 Choice International

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100896000 was registered on 29 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100850620 was registered on 05 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 3.85 Cr with Charge ID 100788919 was registered on 11 Sep 2023.

  • Annual General Meeting

    Choice International Limited last Annual general meeting of members was held on 26 Aug 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100725259 was registered on 29 May 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 26.75 Cr with Charge ID 100718953 was registered on 01 May 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Choice International Limited?

    Choice International Limited was incorporated on 12 Mar 1993.

  • What is authorized share capital and paid-up capital of Choice International Limited?

    The authorized share capital of Choice International Limited is ₹ 225.00 Cr and paid-up capital is ₹ 199.38 Cr.

  • Who are the current board members & directors of Choice International Limited?

    Currently 14 directors are associated with Choice International Limited.

    • Subodh Kumar Agrawal
    • Kamal Poddar
    • Sudha Bhushan
    • Sandeep Singh Kumar
    • Arun Kumar Poddar
    • Ajay Rajendra Kejriwal
    • Vinita Sunil Patodia
    • Kanhaiya Lal Berwal
    • Ashok Kumar Thakur
    • Sobhag Jain
    • Suyash Sunil Patodia
    • Manoj Murarilal Sighania
    • Arun Kumar Poddar
    • Karishma Praful Shah

  • What is the registered address of Choice International Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Choice International Limited is Sunil Patodia Tower Plot No. 156-158, J.B. Nagar Andheri (East), Mumbai, Maharashtra, India, 400099.

  • What is the corporate identification number (CIN) and company number of Choice International Limited?

    The corporate identification number (CIN) of Choice International Limited is L67190MH1993PLC071117 and the company number is 071117 as per Ministry of Corporate Affairs (MCA).

  • Is Choice International Limited registered with any stock exchange in India?

    Yes, Choice International Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): CHOICEIN.

  • What is the official website of Choice International Limited?

    The Official website of Choice International Limited is https://www.choiceindia.com

  • What has been the recent revenue trend for Choice International Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Choice International Limited has risen by 15.12%.

  • How many employees does Choice International Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Choice International Limited.

  • What change has been observed in the net worth of Choice International Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Choice International Limited has experienced an upsurge of 2.29%.

  • What are the total open charges for Choice International Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Choice International Limited amount to ₹ 170.47 Cr.

  • When was the last Balance Sheet of Choice International Limited filed with the ROC?

    The most recent Balance Sheet for Choice International Limited was filed with the ROC on 31 Mar 2023.

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