Coastal Local Area Bank Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 23.02 Cr
as on 05-07-2024
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
About Coastal Local Area Bank
The Company is engaged in the Financial Services 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 45.00 Cr and a paid-up capital of Rs 23.02 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Coastal Local Area Bank Limited India are Popuri Nagalakashmi as COMPANY SECRETARY and Anantha Kandala as Cfo. Indrajit Bardhan, Thimmichetty Ravee, Appaiah Adayapalam, and Two other members serve as directors at the Company.
- CIN/LLPIN
U65993AP1999PLC031684
- Company No.
031684
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 May 1999
- Date of AGM
24 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Vijayawada, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Coastal Local Area Bank?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venugopala Reddy  | Managing Director | 25-Jan-2019 | Current |
| Popuri Nagalakashmi | Company Secretary | 25-Jun-2021 | Current |
| Anantha Kandala | CFO | 01-Jul-2020 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Indrajit Bardhan  | Additional Director | 17-Oct-2023 | Current |
| Thimmichetty Ravee | Director | 26-Dec-2020 | Current |
| Appaiah Adayapalam | Director | 18-May-2019 | Current |
| Venkataraman Krishnamoorthy | Director | 16-Dec-2017 | Current |
Financial Performance and Corporate Structure Insights of Coastal Local Area Bank.
Enhance accessibility to Coastal Local Area Bank's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Coastal Local Area Bank?
In 2023, Coastal Local Area Bank had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Belstar Microfinance LimitedActive 36 years 11 monthsVenkataraman Krishnamoorthy is a mutual person
- Financial Benchmarks India Private LimitedActive 10 years 11 days
Appaiah Adayapalam is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Coastal Local Area Bank?
Coastal Local Area Bank has a workforce of 252 employees as of Apr 10, 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 Coastal Local Area Bank, 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 Coastal Local Area Bank'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.
