Chola Turbo Machinery International Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.15 Cr
- Satisfied Charges ₹ 1.05 Cr
- Revenue Growth 58.61%
- Profit Growth 118.89%
- Ebitda -30.70%
- Net Worth 12.12%
- Total Assets 7.11%
About Chola Turbo Machinery International
Chola Turbo Machinery International Private Limited (CTMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 February 2005 and has a history of 19 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Energy And Power 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹1.15 Cr. The company has closed loans amounting to ₹1.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gita Mankotia, Raman Sawhney, and Vinay Annappa serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27209KA2005PTC035714
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Company No.
035714
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Feb 2005
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Chola Turbo Machinery International Private Limited offer?
Chola Turbo Machinery International Private Limited offers a wide range of products and services, including Pumps, Pumping Machines & Spares, Vertical Pumps, Power Turbine, Condensing Steam Turbine, Diesel Engine Generator Set, DG Sets, Industrial & Engineering Goods, Industrial Engineering Components, Hydraulic Generator, Turbine Generators.
Who are the key members and board of directors at Chola Turbo Machinery International?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raman Sawhney
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Managing Director | 28-Feb-2005 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Gita Mankotia
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Additional Director | 23-Sep-2021 | Current |
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Vinay Annappa
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Additional Director | 03-Jan-2020 | Current |
Financial Performance of Chola Turbo Machinery International.
Chola Turbo Machinery International Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.61% increase. The company also saw a substantial improvement in profitability, with a 118.89% increase in profit. The company's net worth Soared by an impressive increase of 12.12%.
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What is the Ownership and Shareholding Structure of Chola Turbo Machinery International?
In 2023, Chola Turbo Machinery International had a promoter holding of 99.60% and a public holding of 0.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Radical Scientific Equipments Private LimitedGita Mankotia is a mutual person
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Kris Chakra Turbo Machinery Private LimitedRaman Sawhney is a mutual person
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Nishita Financial Resources Private Limited
Raman Sawhney is a mutual person
Charges (Loans)
₹11.50 M
₹10.50 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.85 Cr
- Religare Finvest Limited : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2021 | Axis Bank Limited | ₹8.50 M | Open |
| 29 Dec 2011 | Religare Finvest Limited | ₹3.00 M | Open |
| 09 May 2018 | Standard Chartered Bank | ₹1.05 Cr | Satisfied |
How Many Employees Work at Chola Turbo Machinery International?
Chola Turbo Machinery International has a workforce of 67 employees as of Apr 03, 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 Turbo Machinery 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 Chola Turbo Machinery 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.
