Choice International Profile
Key Indicators
- Authorised Capital ₹ 225.00 Cr
- Paid Up Capital ₹ 199.38 Cr
- Company Age 31 Year, 10 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 ten 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
- Social Media
- Apps
Corporate Identity Details
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suyash Patodia  | Managing Director | 08-Feb-2022 | Current |
| Kamal Poddar | Managing Director | 23-Sep-2008 | Current |
| Manoj Sighania | CFO | 03-Feb-2015 | Current |
| Arun Poddar | CEO | 24-May-2022 | Current |
| Karishma Shah | Company Secretary | 14-Jul-2016 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Kumar | Director | 12-Feb-2021 | Current |
| Ajay Kejriwal | Director | 29-May-2010 | Current |
| Subodh Agrawal | Director | 02-Nov-2020 | Current |
| Sudha Bhushan | Director | 12-Feb-2021 | Current |
| Arun Poddar | Director | 08-Feb-2022 | Current |
| Vinita Patodia | Director | 24-May-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Vardhman Trusteeship Private LimitedSobhag Jain is a mutual person
Navkar Corporation LimitedSandeep Kumar and Ashok Thakur are mutual person
Jnk India LimitedSudha Bhushan is a mutual person
Shreeyam Trade Dynamics Private LimitedKamal Poddar and Arun Poddar are mutual person
West Coast Paper Mills LimitedSudha Bhushan is a mutual person
Choice Tech Lab Solutions Private LimitedArun Poddar is a mutual person
Charges (Loans)
₹170.47 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2024 | Others | ₹15.00 Cr | Open |
| 05 Jan 2024 | Others | ₹5.50 Cr | Open |
| 11 Sep 2023 | Others | ₹3.85 Cr | Open |
| 29 May 2023 | Others | ₹7.50 Cr | Open |
| 01 May 2023 | Axis Bank Limited | ₹26.75 Cr | Open |
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.
Deals i
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
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.
