Classic Electricals Limited

Manufacturer and distributor of electrical goods and accessories made from various plastic materials.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated:

Classic Electricals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.91 Cr
  • Company Age 40 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.50 M
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 34.86%
  • Profit Growth 306.99%
  • Ebitda 38.73%
  • Net Worth 3.95%
  • Total Assets 3.87%

About Classic Electricals

Classic Electricals Limited (CEL) is a Public Limited Indian Non-Government Company incorporated in India on 26 April 1985 and has a history of 40 years. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512213.

The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 1.91 Cr.

The company currently has active open charges totaling ₹6.50 M. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Classic Electricals Limited India are Rupali Dhiman as COMPANY SECRETARY and Sunil Shah as Cfo. Sunil Shah, Ganesh Shiraskar, Prashant Parekh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25209MH1985PLC036049

  • Company No.

    036049

  • Stock Symbol

    BSE : 512213

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1985

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Classic Electricals Limited

Explore comprehensive data for Classic Electricals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Classic Electricals?

Executive Team (3)

NameDesignationAppointment DateStatus
Rupali Dhiman Country flag representing In Company Secretary01-Nov-2018Current
Sunil Shah Country flag representing In CFO26-Mar-2015Current
Rajesh Shah Country flag representing In Managing Director25-Nov-2014Current

Board Members (4)

NameDesignationAppointment DateStatus
Sunil Shah Country flag representing In Director and Cfo 25-Nov-2014Current
Ganesh Shiraskar Country flag representing In Director 13-Aug-2024Current
Prashant Parekh Country flag representing In Director 13-Aug-2019Current
Julie Shah Country flag representing In Director 26-Mar-2015Current

Financial Performance of Classic Electricals.

Classic Electricals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.86% increase. The company also saw a substantial improvement in profitability, with a 306.99% increase in profit. The company's net worth moved up by a moderate rise of 3.95%.

Classic Electricals revenue growth over time
Classic Electricals 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
34.86%
Revenue from Operations
Total Assets
3.87%
Profit or Loss
306.99%
Net Worth
3.95%
EBITDA
38.73%

What is the Ownership and Shareholding Structure of Classic Electricals?

In 2022, Classic Electricals had a promoter holding of 94.34% and a public holding of 5.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.65 Cr

Satisfied Charges

₹0.20 Cr

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.60 Cr
  • Mandvi Co-Op. Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 1999Syndicate Bank₹6.00 MOpen
02 Sep 1986Mandvi Co-Op. Bank Limited₹0.50 MOpen
25 Nov 1988Bank Of India₹2.00 MSatisfied

How Many Employees Work at Classic Electricals?

Classic Electricals has a workforce of 0 employees as of Apr 01, 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 Classic Electricals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Classic Electricals, 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 Classic Electricals'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 Classic Electricals

Recent activity within the organization

  • Annual General Meeting

    Classic Electricals Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ganesh Vijay Shiraskar was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 9 months 4 days .

  • Balance Sheet

    Classic Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 25 Nov 1988 via Charge ID 90217269 with Bank Of India was fully satisfied on 31 Jan 2023.

  • Director Appointment

    Prashant Manharlal Parekh was appointed as a Director was appointed as a Director on 13 Aug 2019 & has been associated with this company since 5 years 9 months .

  • Director Appointment

    Rupali Dhiman was appointed as a Company Secretary was appointed as a Company Secretary on 01 Nov 2018 & has been associated with this company since 6 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Classic Electricals Limited?

    Classic Electricals Limited was incorporated on 26 Apr 1985.

  • What is authorized share capital and paid-up capital of Classic Electricals Limited?

    The authorized share capital of Classic Electricals Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.91 Cr.

  • Who are the current board members & directors of Classic Electricals Limited?

    Currently 7 directors are associated with Classic Electricals Limited.

    • Sunil Hirji Shah
    • Ganesh Vijay Shiraskar
    • Prashant Manharlal Parekh
    • Rupali Dhiman
    • Sunil Hirji Shah
    • Julie Mehul Shah
    • Rajesh Hirji Shah

  • What is the registered address of Classic Electricals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Classic Electricals Limited is 1301 13Th Floor Peninsula Business Park Tower B Senapati Bapat Marg Lower Parel (West), India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Classic Electricals Limited?

    The corporate identification number (CIN) of Classic Electricals Limited is L25209MH1985PLC036049 and the company number is 036049 as per Ministry of Corporate Affairs (MCA).

  • Is Classic Electricals Limited registered with any stock exchange in India?

    Yes, Classic Electricals Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Classic Electricals Limited?

    The Official website of Classic Electricals Limited is https://www.classicelectricals.co.in

  • What has been the recent revenue trend for Classic Electricals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Classic Electricals Limited has risen by 34.86%.

  • What change has been observed in the net worth of Classic Electricals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Classic Electricals Limited has experienced an upsurge of 3.95%.

  • What are the total open charges for Classic Electricals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Classic Electricals Limited amount to ₹ 6.50 M.

  • When was the last Balance Sheet of Classic Electricals Limited filed with the ROC?

    The most recent Balance Sheet for Classic Electricals Limited was filed with the ROC on 31 Mar 2024.

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