Classic Electricals Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.49 Cr
- Company Age 39 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- 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 39 years and ten months. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.49 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. Julie Shah, Sunil Shah, Dhanesh Parikh, 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
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Manufacturing
Who are the key members and board of directors at Classic Electricals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rupali Dhiman  | Company Secretary | 01-Nov-2018 | Current |
| Rajesh Shah | Managing Director | 25-Nov-2014 | Current |
| Sunil Shah | CFO | 26-Mar-2015 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Julie Shah | Director | 26-Mar-2015 | Current |
| Sunil Shah | Director and Cfo | 25-Nov-2014 | Current |
| Dhanesh Parikh | Director | 25-Nov-2014 | Current |
| Prashant Parekh | Director | 13-Aug-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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- Whiteoak Lightings Llp
Julie Shah is a mutual person
- Geena Aluminium Private Limited
Sunil Shah and Prashant Parekh are mutual person
- Petra Resources Llp
Sunil Shah is a mutual person
- Quiet Agro Farms Private Limited
Sunil Shah is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 1999 | Syndicate Bank | ₹6.00 M | Open |
| 02 Sep 1986 | Mandvi Co-Op. Bank Limited | ₹0.50 M | Open |
| 25 Nov 1988 | Bank Of India | ₹2.00 M | Satisfied |
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.
Deals i
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
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.
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 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Classic Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2023 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 6 months .
- Director Appointment
Julie Mehul Shah was appointed as a Director was appointed as a Director on 26 Mar 2015 & has been associated with this company since 9 years 11 months .
- Director Appointment
Sunil Hirji Shah was appointed as a Director was appointed as a Director on 25 Nov 2014 & has been associated with this company since 10 years 3 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 ₹ 1.49 Cr.
Who are the current board members & directors of Classic Electricals Limited?
Currently 7 directors are associated with Classic Electricals Limited.
- Rupali Dhiman
- Julie Mehul Shah
- Sunil Hirji Shah
- Dhanesh Bipinchandra Parikh
- Rajesh Hirji Shah
- Prashant Manharlal Parekh
- Sunil 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), Mumbai, Maharashtra, India, 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 2023.
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