Classic Electrodes (India) Limited

Manufacturer of welding electrodes and MIG wires, certified and approved by various organizations.

1997 | Kolkata, West Bengal (India) | Active
Last Updated:

Classic Electrodes (India) Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 13.19 Cr
  • Company Age 27 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 52.01 Cr
  • Satisfied Charges ₹ 38.90 Cr
  • Revenue Growth 14.90%
  • Profit Growth 92.47%
  • Ebitda 62.50%
  • Net Worth 11.23%
  • Total Assets 2.91%

About Classic Electrodes (India)

Classic Electrodes (India) Limited (CEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 September 1997 and has a history of 27 years and five months. Its registered office is in Kolkata, West Bengal, 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.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Manufacturing

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)

NameDesignationAppointment DateStatus
Sushil Agarwal Country flag representing In Managing Director20-Jan-2017Current
Ashish Murarka CFO22-Feb-2018Current
Bhagyashree Agarwal Company Secretary31-Mar-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Nitesh Agarwal Country flag representing In Director 20-Mar-2018Current
Hanuman Agarwal Country flag representing In Director 30-Sep-1997Current
Sunil Mittal Country flag representing In Director 08-Apr-2009Current
Anoop Garg Country flag representing In Director 05-Apr-2024Current
Ayush Agarwal Country flag representing In Director 23-May-2018Current
Sheetal Agarwal Country flag representing In Director 31-Mar-2024Current

Financial Performance 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%.

Classic Electrodes (India) revenue growth over time
Classic Electrodes (India) 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
14.90%
Revenue from Operations
15.10%
Total Assets
2.91%
Profit or Loss
92.47%
Net Worth
11.23%
EBITDA
62.50%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.01 Cr

Satisfied Charges

₹38.90 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 28.18 Cr
  • Others : 13.83 Cr
  • Yes Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2023Yes Bank Limited₹10.00 CrOpen
28 Dec 2020Standard Chartered Bank₹4.40 CrOpen
25 Dec 2020Others₹13.83 CrOpen
05 Jun 2015Standard Chartered Bank₹1.28 CrOpen
24 Aug 2012Standard Chartered Bank₹22.50 CrOpen

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.

Employee growth trends for Classic Electrodes (India) Limited

Deals i

Graph showing company valuation over time

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

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 Electrodes (India)

Recent activity within the organization

  • Charges

    A charge registered on 24 Mar 2022 via Charge ID 100569384 with Standard Chartered Bank was fully satisfied on 09 Apr 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 4.40 Cr registered on 28 Dec 2020 with Charge ID 100400556 was modified on 09 Apr 2024.

  • Charges

    A charge registered on 07 Dec 2020 via Charge ID 100402781 with Standard Chartered Bank was fully satisfied on 09 Apr 2024.

  • Director Appointment

    Anoop Garg was appointed as a Director was appointed as a Director on 05 Apr 2024 & has been associated with this company since 11 months 23 days .

  • Charges

    A charge registered on 10 Jan 2023 via Charge ID 100676034 with Standard Chartered Bank was fully satisfied on 04 Apr 2024.

  • Charges

    A charge registered on 16 Nov 2012 via Charge ID 10388635 with Standard Chartered Bank was fully satisfied on 04 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Classic Electrodes (India) Limited?

    Classic Electrodes (India) Limited was incorporated on 30 Sep 1997.

  • What is authorized share capital and paid-up capital of Classic Electrodes (India) Limited?

    The authorized share capital of Classic Electrodes (India) Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.19 Cr.

  • Who are the current board members & directors of Classic Electrodes (India) Limited?

    Currently 10 directors are associated with Classic Electrodes (India) Limited.

    • Hanuman Prasad Agarwal
    • Sunil Kumar Mittal
    • Sushil Kumar Agarwal
    • Anoop Garg
    • Nitesh Agarwal
    • Ayush Agarwal
    • Sheetal Agarwal
    • Ankur Gupta
    • Ashish Murarka
    • Bhagyashree Agarwal

  • What is the registered address of Classic Electrodes (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Classic Electrodes (India) Limited is 1A Bonfield Lane, India, Kolkata, West Bengal, 700001.

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

    The corporate identification number (CIN) of Classic Electrodes (India) Limited is U70100WB1997PLC085600 and the company number is 085600 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Classic Electrodes (India) Limited?

    The Official website of Classic Electrodes (India) Limited is https://www.classicelectrodes.com

  • What has been the recent revenue trend for Classic Electrodes (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Classic Electrodes (India) Limited has risen by 14.90%.

  • How many employees does Classic Electrodes (India) Limited currently have?

    As Per 2023 financial reports, 73 employees are currently employed by Classic Electrodes (India) Limited.

  • What change has been observed in the net worth of Classic Electrodes (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Classic Electrodes (India) Limited has experienced an upsurge of 11.23%.

  • What are the total open charges for Classic Electrodes (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Classic Electrodes (India) Limited amount to ₹ 52.01 Cr.

  • When was the last Balance Sheet of Classic Electrodes (India) Limited filed with the ROC?

    The most recent Balance Sheet for Classic Electrodes (India) Limited was filed with the ROC on 31 Mar 2023.

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