Chola Turbo Machinery International Private Limited logo

Chola Turbo Machinery International Private Limited

This company manufactures and services steam turbines up to 30 MW for various industries.
2005 | Bangaluru, Karnataka (India) | Active

Last Updated:

October 24, 2024
HomeCompanyChola Turbo Machinery International Private Limited

Who are the key members and board of directors at Chola Turbo Machinery International?

Executive Team (1)

NameDesignationAppointment DateStatus
Raman Sawhney InManaging Director28-Feb-2005Current

Board Members(2)

NameDesignationAppointment DateStatus
Gita Mankotia In Additional Director 23-Sep-2021Current
Vinay Annappa In Additional Director 03-Jan-2020Current

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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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
58.61%
Revenue from Operations
59.30%
Total Assets
7.11%
Profit or Loss
118.89%
Net Worth
12.12%
EBITDA
-30.70%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹11.50 M

₹10.50 M

LenderAmountStatus

Axis Bank Limited

Creation Date: 28 Dec 2021
₹8.50 MOpen

Religare Finvest Limited

Creation Date: 29 Dec 2011
₹3.00 MOpen

Standard Chartered Bank

Creation Date: 09 May 2018
₹1.05 CrSatisfied

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.

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Latest Updates, News, and FAQs on Chola Turbo Machinery International

Recent activity within the organization

  • Annual General Meeting

    Chola Turbo Machinery International Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Chola Turbo Machinery International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.50 M with Charge ID 100517816 was registered on 28 Dec 2021.

    28 Dec 2021

  • Director Appointment

    Gita Singh Mankotia was appointed as a Additional Director was appointed as a Additional Director on 23 Sep 2021 & has been associated with this company since 3 years 3 months .

    23 Sep 2021

  • Charges

    A charge registered on 09 May 2018 via Charge ID 100186637 with Standard Chartered Bank was fully satisfied on 20 Jan 2021.

    20 Jan 2021

  • Director Appointment

    Vinay Annappa was appointed as a Additional Director was appointed as a Additional Director on 03 Jan 2020 & has been associated with this company since 5 years 6 days .

    03 Jan 2020

Frequently asked questions

  • Chola Turbo Machinery International Private Limited was incorporated on 28 Feb 2005.

  • The authorized share capital of Chola Turbo Machinery International Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Chola Turbo Machinery International Private Limited.

    • Gita Singh Mankotia
    • Raman Roop Sawhney
    • Vinay Annappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chola Turbo Machinery International Private Limited is No.45/7 5Th Floor Tradecentre Dickenson Road, India, Bangalore, Karnataka, 560042.

  • The corporate identification number (CIN) of Chola Turbo Machinery International Private Limited is U27209KA2005PTC035714 and the company number is 035714 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chola Turbo Machinery International Private Limited is https://www.cholaturbo.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chola Turbo Machinery International Private Limited has risen by 58.61%.

  • As Per 2023 financial reports, 67 employees are currently employed by Chola Turbo Machinery International Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chola Turbo Machinery International Private Limited has experienced an upsurge of 12.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Chola Turbo Machinery International Private Limited amount to ₹ 1.15 Cr.

  • The most recent Balance Sheet for Chola Turbo Machinery International Private Limited was filed with the ROC on 31 Mar 2023.

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