Choice Trading Corporation Private Limited

Exports processed seafood and meal kits with shrimps as main ingredient, certified for international markets.

1990 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Choice Trading Corporation Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.99 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 430.82 Cr
  • Satisfied Charges ₹ 204.25 Cr
  • Revenue Growth 12.59%
  • Profit Growth 278.62%
  • Ebitda 105.37%
  • Net Worth 28.35%
  • Total Assets 33.44%

About Choice Trading Corporation

Choice Trading Corporation Private Limited (CTCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 June 1990 and has a history of 34 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Choice Trading Corporation Limited. The Company is engaged in the Food And Beverages 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 15.00 Cr and a paid-up capital of Rs 9.99 Cr.

The company currently has active open charges totaling ₹430.82 Cr. The company has closed loans amounting to ₹204.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Choice Trading Corporation Private Limited India is Mohandas Akhil as COMPANY SECRETARY. Parameswaran Balachandran, Thomas Jose, Elizabeth Jose, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101TN1990PTC100520

  • Company No.

    100520

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages
Transport and Logistics

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

Executive Team (2)

NameDesignationAppointment DateStatus
Jose Thomas Country flag representing In Managing Director08-Jun-1990Current
Mohandas Akhil Company Secretary23-Feb-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Parameswaran Balachandran Country flag representing In Director 01-Sep-2005Current
Thomas Jose Country flag representing Us Whole-Time Director 09-Jul-2012Current
Elizabeth Jose Country flag representing In Whole-Time Director 01-Feb-2009Current

Financial Performance of Choice Trading Corporation.

Choice Trading Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.59% increase. The company also saw a substantial improvement in profitability, with a 278.62% increase in profit. The company's net worth Soared by an impressive increase of 28.35%.

Choice Trading Corporation revenue growth over time
Choice Trading Corporation 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
12.59%
Revenue from Operations
11.72%
Total Assets
33.44%
Profit or Loss
278.62%
Net Worth
28.35%
EBITDA
105.37%

What is the Ownership and Shareholding Structure of Choice Trading Corporation?

In 2023, Choice Trading Corporation had a promoter holding of 92.60% and a public holding of 7.40%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹430.82 Cr

Satisfied Charges

₹204.25 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 407.90 Cr
  • Others : 15.46 Cr
  • Hdfc Bank Limited : 7.47 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2024Others₹1.83 MOpen
26 Nov 2024Sbicap Trustee Company Limited₹25.00 CrOpen
18 Nov 2024Hdfc Bank Limited₹2.66 MOpen
30 Sep 2024Others₹2.41 MOpen
31 Aug 2024Others₹1.12 MOpen

How Many Employees Work at Choice Trading Corporation?

Choice Trading Corporation has a workforce of 324 employees as of Apr 06, 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 Trading Corporation Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 101041670 was registered on 31 Dec 2024.

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 25.00 Cr with Charge ID 101018370 was registered on 26 Nov 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101017959 was registered on 18 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100992781 was registered on 30 Sep 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100978301 was registered on 31 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Choice Trading Corporation Private Limited?

    Choice Trading Corporation Private Limited was incorporated on 08 Jun 1990.

  • What is authorized share capital and paid-up capital of Choice Trading Corporation Private Limited?

    The authorized share capital of Choice Trading Corporation Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.99 Cr.

  • Who are the current board members & directors of Choice Trading Corporation Private Limited?

    Currently 5 directors are associated with Choice Trading Corporation Private Limited.

    • Parameswaran Balachandran
    • Thomas Jose
    • Elizabeth Jose
    • Jose Thomas
    • Mohandas Thandassery Akhil

  • What is the registered address of Choice Trading Corporation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Choice Trading Corporation Private Limited is 302 Akshaya Shanthi Third Floor 27/44 Anna Salai Mount Road, Triplican E Village India, Chennai, Tamil Nadu, 600002.

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

    The corporate identification number (CIN) of Choice Trading Corporation Private Limited is U70101TN1990PTC100520 and the company number is 100520 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Choice Trading Corporation Private Limited?

    The Official website of Choice Trading Corporation Private Limited is https://www.choicegroup.in

  • What has been the recent revenue trend for Choice Trading Corporation Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Choice Trading Corporation Private Limited has risen by 12.59%.

  • How many employees does Choice Trading Corporation Private Limited currently have?

    As Per 2023 financial reports, 324 employees are currently employed by Choice Trading Corporation Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Choice Trading Corporation Private Limited has experienced an upsurge of 28.35%.

  • What are the total open charges for Choice Trading Corporation Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Choice Trading Corporation Private Limited amount to ₹ 430.82 Cr.

  • When was the last Balance Sheet of Choice Trading Corporation Private Limited filed with the ROC?

    The most recent Balance Sheet for Choice Trading Corporation Private Limited was filed with the ROC on 31 Mar 2024.

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