Classic Electrodes (India) Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 13.19 Cr
as on 24-10-2024
- Company Age 27 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 52.01 Cr
as on 24-10-2024
- Satisfied Charges ₹ 38.90 Cr
as on 24-10-2024
- Revenue 14.90%
(FY 2023)
- Profit 92.47%
(FY 2023)
- Ebitda 62.50%
(FY 2023)
- Net Worth 11.23%
(FY 2023)
- Total Assets 2.91%
(FY 2023)
About Classic Electrodes (India)
The Corporate was formerly known as Classic Electrodes (India) Private Limited. 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 20.00 Cr and a paid-up capital of Rs 13.19 Cr.
The company currently has active open charges totaling ₹52.01 Cr. The company has closed loans amounting to ₹38.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Classic Electrodes (India) Limited India are Ashish Murarka as CFO and Bhagyashree Agarwal as Company Secretary. Hanuman Agarwal, Sunil Mittal, Sushil Agarwal, and Five other members serve as directors at the Company.
- CIN/LLPIN
U70100WB1997PLC085600
- Company No.
085600
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Sep 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Classic Electrodes (India) Limited offer?
Classic Electrodes (India) Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Welding Electrodes, Cast Iron Welding Rod, Electrodes, MIG Welding Wire, Welding Equipments & Machinery, Gas Welder, Alloy Electrodes, Electric Welding Machine.
Who are the key members and board of directors at Classic Electrodes (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sushil Agarwal  | Managing Director | 20-Jan-2017 | Current |
| Ashish Murarka | CFO | 22-Feb-2018 | Current |
| Bhagyashree Agarwal | Company Secretary | 31-Mar-2024 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitesh Agarwal | Director | 20-Mar-2018 | Current |
| Hanuman Agarwal | Director | 30-Sep-1997 | Current |
| Sunil Mittal | Director | 08-Apr-2009 | Current |
| Anoop Garg | Director | 05-Apr-2024 | Current |
| Ayush Agarwal | Director | 23-May-2018 | Current |
| Sheetal Agarwal | Director | 31-Mar-2024 | Current |
Financial Performance and Corporate Structure Insights of Classic Electrodes (India).
Classic Electrodes (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.9% increase. The company also saw a substantial improvement in profitability, with a 92.47% increase in profit. The company's net worth Soared by an impressive increase of 11.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Classic Electrodes (India)?
In 2023, Classic Electrodes (India) had a promoter holding of 10.23% and a public holding of 89.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Balaji Electrodes Private LimitedActive 27 years 9 months
Hanuman Agarwal and Sunil Mittal are mutual person
- Alltime Suppliers Pvt. Ltd.Active 30 years 9 months
Hanuman Agarwal and Sunil Mittal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 29 May 2023 | ₹10.00 Cr | Open |
Standard Chartered Bank Creation Date: 28 Dec 2020 | ₹4.40 Cr | Open |
Others Creation Date: 25 Dec 2020 | ₹13.83 Cr | Open |
How Many Employees Work at Classic Electrodes (India)?
Classic Electrodes (India) has a workforce of 73 employees as of Mar 29, 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 Electrodes (India), 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 Electrodes (India)'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.
