Coastal Local Area Bank Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 23.02 Cr
- Company Age 25 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
About Coastal Local Area Bank
Coastal Local Area Bank Limited (CLABL) is a Public Limited Indian Non-Government Company incorporated in India on 12 May 1999 and has a history of 25 years and 11 months. Its registered office is in Krishna, Andhra Pradesh, India.
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 2024. 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 Anantha Kandala as CFO and Popuri Nagalakashmi as Company Secretary. Thimmichetty Ravee, Indrajit Bardhan, Appaiah Adayapalam, and Two other members serve as directors at the Company.
Company Details
- Location
Krishna, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993AP1999PLC031684
- Company No.
031684
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 May 1999
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Financial Services
Coastal Local Area Bank Limited
Explore comprehensive data for Coastal Local Area Bank Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Anantha Kandala | CFO | 01-Jul-2020 | Current |
| Popuri Nagalakashmi | Company Secretary | 25-Jun-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Thimmichetty Ravee | Director | 26-Dec-2020 | Current |
Indrajit Bardhan  | Director | 17-Oct-2023 | Current |
| Appaiah Adayapalam | Director | 18-May-2019 | Current |
| Venkataraman Krishnamoorthy | Director | 16-Dec-2017 | Current |
Financial Performance 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 LimitedVenkataraman Krishnamoorthy is a mutual person
Sbi Pension Funds Private LimitedAppaiah Adayapalam is a mutual person
Maditssia Trade & Convention CenterThimmichetty Ravee is a mutual person
- Financial Benchmarks India Private Limited
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.
Latest Updates, News, and FAQs on Coastal Local Area Bank
Recent activity within the organization
- Annual General Meeting
Coastal Local Area Bank Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Coastal Local Area Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Director Appointment
Indrajit Bardhan was appointed as a Director was appointed as a Director on 17 Oct 2023 & has been associated with this company since 1 year 5 months .
- Director Appointment
Thimmichetty Ravee was appointed as a Director was appointed as a Director on 26 Dec 2020 & has been associated with this company since 4 years 3 months .
- Director Appointment
Anantha Venkata Raman Kandala was appointed as a Cfo was appointed as a Cfo on 01 Jul 2020 & has been associated with this company since 4 years 9 months .
- Director Appointment
Appaiah Natarajan Adayapalam was appointed as a Director was appointed as a Director on 18 May 2019 & has been associated with this company since 5 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Coastal Local Area Bank Limited?
Coastal Local Area Bank Limited was incorporated on 12 May 1999.
What is authorized share capital and paid-up capital of Coastal Local Area Bank Limited?
The authorized share capital of Coastal Local Area Bank Limited is ₹ 45.00 Cr and paid-up capital is ₹ 23.02 Cr.
Who are the current board members & directors of Coastal Local Area Bank Limited?
Currently 7 directors are associated with Coastal Local Area Bank Limited.
- Thimmichetty Ravee
- Indrajit Bardhan
- Anantha Venkata Raman Kandala
- Popuri Nagalakashmi
- Appaiah Natarajan Adayapalam
- Venugopala Bommareddy Reddy
- Venkataraman Krishnamoorthy
What is the registered address of Coastal Local Area Bank Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Coastal Local Area Bank Limited is D.No.59-12-6 Graceline Ghantalasalavari Street, Gayatri Nagar India, Vijayawada, Andhra Pradesh, 520008.
What is the corporate identification number (CIN) and company number of Coastal Local Area Bank Limited?
The corporate identification number (CIN) of Coastal Local Area Bank Limited is U65993AP1999PLC031684 and the company number is 031684 as per Ministry of Corporate Affairs (MCA).
What is the official website of Coastal Local Area Bank Limited?
The Official website of Coastal Local Area Bank Limited is https://www.coastalareabank.com
How many employees does Coastal Local Area Bank Limited currently have?
As Per 0 financial reports, 252 employees are currently employed by Coastal Local Area Bank Limited.
When was the last Balance Sheet of Coastal Local Area Bank Limited filed with the ROC?
The most recent Balance Sheet for Coastal Local Area Bank Limited was filed with the ROC on 31 Mar 2024.
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