Choice Trading Corporation Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.99 Cr
- Company Age 34 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 414.61 Cr
- Satisfied Charges ₹ 194.25 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 eight 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 2023. 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 ₹414.61 Cr. The company has closed loans amounting to ₹194.25 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Choice Trading Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohandas Akhil | Company Secretary | 23-Feb-2024 | Current |
Jose Thomas  | Managing Director | 08-Jun-1990 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parameswaran Balachandran | Director | 01-Sep-2005 | Current |
Thomas Jose  | Whole-Time Director | 09-Jul-2012 | Current |
| Elizabeth Jose | Whole-Time Director | 01-Feb-2009 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
Choice Shipping And Logistics Private LimitedElizabeth Jose and Jose Thomas are mutual person
Choice Infoway Private LimitedElizabeth Jose is a mutual person
Choice Estates And Constructions Private LimitedThomas Jose, Elizabeth Jose and 1 more are mutual person
Jose Thomas Constructions LlpThomas Jose and Jose Thomas are mutual person
- Indo Island Shipping Pvt Ltd
Thomas Jose, Elizabeth Jose and 1 more are mutual person
Charges (Loans)
₹414.61 Cr
₹194.25 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 382.90 Cr
- Others : 14.51 Cr
- Axis Bank Limited : 10.00 Cr
- Hdfc Bank Limited : 7.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Others | ₹3.43 M | Open |
| 05 Mar 2024 | Sbicap Trustee Company Limited | ₹25.00 Cr | Open |
| 04 Mar 2024 | Others | ₹2.20 M | Open |
| 27 Dec 2023 | Hdfc Bank Limited | ₹2.50 M | Open |
| 30 Nov 2023 | Axis Bank Limited | ₹10.00 Cr | Open |
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.
Deals i
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
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.
