Chola Packaging Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 16-06-2024
- Paid Up Capital ₹ 2.88 Cr
as on 16-06-2024
- Company Age 40 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.64 Cr
as on 16-06-2024
- Satisfied Charges ₹ 2.61 Cr
as on 16-06-2024
- Revenue 0.36%
(FY 2023)
- Profit -68.36%
(FY 2023)
- Ebitda -43.98%
(FY 2023)
- Net Worth 7.52%
(FY 2023)
- Total Assets 27.83%
(FY 2023)
About Chola Packaging
The Corporate was formerly known as Chola Packaging Private Limited. The Company is engaged in the Packaging 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 3.00 Cr and a paid-up capital of Rs 2.88 Cr.
The company currently has active open charges totaling ₹27.64 Cr. The company has closed loans amounting to ₹2.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravi Sunethra, Ravi Varun, and Sinthalapadi Ravi serve as directors at the Company.
- CIN/LLPIN
U25209TN1984PTC010719
- Company No.
010719
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 1984
- Date of AGM
28 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tamilnadu, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Chola Packaging?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sinthalapadi Ravi  | Managing Director | 12-Oct-1989 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravi Sunethra | Whole-Time Director | 01-Mar-2018 | Current |
| Ravi Varun | Director | 28-Dec-2006 | Current |
Financial Performance of Chola Packaging.
Chola Packaging Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.36% increase. The company also saw a substantial fall in profitability, with a 68.36% decrease in profit. The company's net worth moved up by a moderate rise of 7.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Chola Packaging?
In 2023, Chola Packaging had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ramona Cosmaceuticals Private LimitedActive 17 years 5 monthsRavi Sunethra, Ravi Varun and 1 more are mutual person
Ganesh Agro Pack Private LimitedActive 39 years 9 monthsRavi Sunethra and Sinthalapadi Ravi are mutual person
Charges (Loans)
₹27.64 Cr
₹2.61 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 27.64 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2022 | City Union Bank Limited | ₹0.65 M | Open |
| 31 Aug 2020 | City Union Bank Limited | ₹1.30 M | Open |
| 28 Jan 2002 | City Union Bank Limited | ₹27.44 Cr | Open |
| 10 Feb 2016 | City Union Bank Limited | ₹0.60 M | Satisfied |
| 28 Jan 2002 | City Union Bank Ltd. | ₹7.37 M | Satisfied |
How Many Employees Work at Chola Packaging?
Chola Packaging has a workforce of 188 employees as of Mar 30, 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 Chola Packaging, 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 Chola Packaging'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.
