Chowgule Industries Private Limited

Retailer of Maruti Suzuki and Swaraj Mazda vehicles, with servicing and spare parts offerings.

1963 | Goa, Goa (India) | Active
Last Updated:

Chowgule Industries Profile

Key Indicators

  • Authorised Capital ₹ 39.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 61 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.60 Cr
  • Satisfied Charges ₹ 363.58 Cr
  • Revenue Growth 37.66%
  • Profit Growth 24.29%
  • Ebitda 20.48%
  • Net Worth 11.83%
  • Total Assets 13.55%

About Chowgule Industries

Chowgule Industries Private Limited (CIPL) was founded in India on 30 November 1963 and has a glorious history of 61 years and five months. Its registered office is in Goa, Goa, India.

The Corporate was formerly known as Chowgule Industries Limited. The Company is engaged in the Automotive 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 39.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹69.60 Cr. The company has closed loans amounting to ₹363.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chowgule Industries Private Limited India is Shantal Nayak as COMPANY SECRETARY. Jehangir Jehangir, Vijay Chowgule, Ramesh Laxmanrao, and Four other members serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109GA1963PTC000010

  • Company No.

    000010

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 1963

  • Date of AGM

    26 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Automotive

What products or services does Chowgule Industries Private Limited offer?

Chowgule Industries Private Limited offers a wide range of products and services, including Cars, Maruti Car, Four Wheeler Repair and Maintenance Services, Car Repair Services, Second Hand Cars, Maruti Second Hand Cars, Trucks, Utility Trucks, Automobile Repairing and Maintenance, Motor Cars.

Company report

Chowgule Industries Private Limited

Explore comprehensive data for Chowgule Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Chowgule Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Shantal Nayak Company Secretary16-Mar-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Jehangir Jehangir Country flag representing In Director 07-Aug-1989Current
Vijay Chowgule Country flag representing In Director 14-Jan-2021Current
Ramesh Laxmanrao Country flag representing In Director 14-Jan-2021Current
Nathan Chowgule Country flag representing In Director 24-Aug-2021Current
Kapil Grover Country flag representing In Director 10-Dec-2012Current
Nirmal Bhogilal Country flag representing In Director 24-Jan-2001Current

Financial Performance of Chowgule Industries.

Chowgule Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.66% increase. The company also saw a substantial improvement in profitability, with a 24.29% increase in profit. The company's net worth Soared by an impressive increase of 11.83%.

Chowgule Industries revenue growth over time
Chowgule Industries 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
37.66%
Revenue from Operations
37.69%
Total Assets
13.55%
Profit or Loss
24.29%
Net Worth
11.83%
EBITDA
20.48%

What is the Ownership and Shareholding Structure of Chowgule Industries?

In 2023, Chowgule Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.60 Cr

Satisfied Charges

₹363.58 Cr

Charges Breakdown by Lending Institutions

  • Others : 69.60 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2024Others₹15.00 CrOpen
26 Jul 2024Others₹5.00 CrOpen
18 Dec 2019Others₹2.00 CrOpen
28 Sep 2018Others₹47.60 CrOpen
26 Aug 2021Others₹75.00 CrSatisfied

How Many Employees Work at Chowgule Industries?

Chowgule Industries has a workforce of 2756 employees as of Apr 04, 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 Chowgule Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chowgule Industries, 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 Chowgule Industries'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 Chowgule Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 20 Nov 2024 with Charge ID 101008286 was modified on 13 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101008286 was registered on 20 Nov 2024.

  • Charges

    A charge with Others of Rs. 47.60 Cr registered on 28 Sep 2018 with Charge ID 100213058 was modified on 19 Nov 2024.

  • Annual General Meeting

    Chowgule Industries Private Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100952644 was registered on 26 Jul 2024.

  • Charges

    A charge registered on 26 Aug 2021 via Charge ID 100472497 with Others was fully satisfied on 15 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Chowgule Industries Private Limited?

    Chowgule Industries Private Limited was incorporated on 30 Nov 1963.

  • What is authorized share capital and paid-up capital of Chowgule Industries Private Limited?

    The authorized share capital of Chowgule Industries Private Limited is ₹ 39.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Who are the current board members & directors of Chowgule Industries Private Limited?

    Currently 8 directors are associated with Chowgule Industries Private Limited.

    • Jehangir Hirji Cawasji Jehangir
    • Vijay Vishwasrao Chowgule
    • Ramesh Chowgule Laxmanrao
    • Nathan Ramesh Chowgule
    • Kapil Kanwal Grover
    • Nirmal Pratap Bhogilal
    • Shantal Ramdas Nayak
    • Deepa Vijay Chowgule
  • What is the registered address of Chowgule Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chowgule Industries Private Limited is 503, 5Th Floor Gabmar Appts India, Vasco Da Gama, Goa, 403802.

  • What is the corporate identification number (CIN) and company number of Chowgule Industries Private Limited?

    The corporate identification number (CIN) of Chowgule Industries Private Limited is U51109GA1963PTC000010 and the company number is 000010 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chowgule Industries Private Limited?

    The Official website of Chowgule Industries Private Limited is https://www.chowguleindustries.com

  • What has been the recent revenue trend for Chowgule Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chowgule Industries Private Limited has risen by 37.66%.

  • How many employees does Chowgule Industries Private Limited currently have?

    As Per 2023 financial reports, 2756 employees are currently employed by Chowgule Industries Private Limited.

  • What change has been observed in the net worth of Chowgule Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Chowgule Industries Private Limited has experienced an upsurge of 11.83%.

  • What are the total open charges for Chowgule Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Chowgule Industries Private Limited amount to ₹ 69.60 Cr.

  • When was the last Balance Sheet of Chowgule Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Chowgule Industries Private Limited was filed with the ROC on 31 Mar 2024.

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