Clearline Appliances Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 37 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 7.79%
- Profit Growth 20.87%
- Ebitda -2.29%
- Net Worth 8.58%
- Total Assets 7.03%
About Clearline Appliances
Clearline Appliances Ltd (CAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 July 1987 and has a history of 37 years and six months. Its registered office is in H P, Himachal Pradesh.
The Company is engaged in the Consumer Electronics & Durables 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 1.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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LocationH P, Himachal Pradesh
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29308HP1987PLC007557
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Company No.
007557
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Jul 1987
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Himachal Pradesh
Industry
What products or services does Clearline Appliances Ltd offer?
Clearline Appliances Ltd offers a wide range of products and services, including Steam Iron, Electric Steam Iron, Home Appliances & Kitchen Appliances, Heater, Thermostat & Heating Devices, Room Heaters, Cook Top Stove, Induction Cooktop, Kitchen Appliance, Toaster, Cooking Appliances.
Who are the key members and board of directors at Clearline Appliances?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arun Mehtani
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Director | 16-Jul-1987 | Current |
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Sanjay Mehtani
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Director | 05-Oct-2010 | Current |
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Nikhil Mehtani
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Director | 05-Mar-2022 | Current |
Financial Performance of Clearline Appliances.
Clearline Appliances Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 7.79% increase. The company also saw a substantial improvement in profitability, with a 20.87% increase in profit. The company's net worth moved up by a moderate rise of 8.58%.
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What is the Ownership and Shareholding Structure of Clearline Appliances?
In 2023, Clearline Appliances had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Unitech Appliances Private LimitedArun Mehtani and Sanjay Mehtani are mutual person
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G N Lighting And Electricals Private Limited
Arun Mehtani and Sanjay Mehtani are mutual person
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Mehtani Holdings Pvt Ltd
Arun Mehtani, Sanjay Mehtani and 1 more are mutual person
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Sgn Electronics Private Limited
Sanjay Mehtani is a mutual person
Charges (Loans)
₹40.04 M
₹50.00 M
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
- Indian Overseas Bank : 0.95 Cr
- The Federal Bank Limited : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2022 | Others | ₹3.00 Cr | Open |
| 16 Dec 2013 | Indian Overseas Bank | ₹9.50 M | Open |
| 30 Jan 2013 | The Federal Bank Limited | ₹0.54 M | Open |
| 05 Mar 2011 | The Federal Bank Ltd | ₹3.00 Cr | Satisfied |
| 23 Feb 2010 | The Federal Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Clearline Appliances?
Clearline Appliances has a workforce of 14 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 Clearline Appliances, 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 Clearline Appliances'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.
