Coastal Projects Limited

Civil construction company specializing in hydroelectric projects, tunnels, road works, and border fencing.

1995 | Khorda, Odisha (India) | Under Liquidation
Last Updated: April 19, 2024

Coastal Projects Profile

Key Indicators

  • Authorised Capital ₹ 750.00 Cr
  • Paid Up Capital ₹ 330.94 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 12,556.86 Cr
  • Satisfied Charges ₹ 781.23 Cr
  • Revenue Growth 23.09%
  • Profit Growth 101.26%
  • Ebitda -31.79%
  • Net Worth 0.93%
  • Total Assets 6.10%

About Coastal Projects

Coastal Projects Limited (CPL) is Under Liquidation company established on 01 May 1995 with its office registered at Khorda, Odisha, India and has been running since 29 Year, 9 Months with a paid up capital of 330.94 Cr. According to MCA records, 3 Directors are linked to this company as of 19 Apr 2024.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45203OR1995PLC003982

  • Company No.

    003982

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1995

  • Date of AGM

    30 Dec 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Infrastructure and Utilities

What products or services does Coastal Projects Limited offer?

Coastal Projects Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Engineering Project.

Who are the key members and board of directors at Coastal Projects?

Executive Team (1)

Name Designation Appointment Date Status
Harihara Garapati Country flag representing In Managing Director 31-Jul-2008 Current

Board Members (2)

Name Designation Appointment Date Status
Sabbineni Surendra Country flag representing In Director 01-May-1995 Current
Tadimalla Naga Country flag representing In Director 07-Jul-2017 Current

Financial Performance of Coastal Projects.

Coastal Projects Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 23.09% increase. The company also saw a substantial improvement in profitability, with a 101.26% increase in profit. The company's net worth moved up by a moderate rise of 0.93%.

Graph illustrating revenue growth over time
Graph showing 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
23.09%
Revenue from Operations
23.27%
Total Assets
6.10%
Profit or Loss
101.26%
Net Worth
0.93%
EBITDA
-31.79%

What is the Ownership and Shareholding Structure of Coastal Projects?

In 2017, Coastal Projects had a promoter holding of 11.44% and a public holding of 88.56%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12,556.86 Cr

Satisfied Charges

₹781.23 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 5426.96 Cr
  • State Bank Of India : 755.00 Cr
  • Icici Bank Limited : 742.80 Cr
  • Punjab National Bank : 706.00 Cr
  • Power Finance Corporation Limited : 581.47 Cr
  • Others : 4344.63 Cr

Latest Charge Details

Date Lender Amount Status
26 Dec 2016 Others ₹35.00 Cr Open
18 Feb 2015 Idbi Bank Limited ₹20.58 Cr Open
30 Jun 2014 Power Finance Corporation Limited ₹581.47 Cr Open
30 May 2014 Sbicap Trustee Company Limited ₹5,426.96 Cr Open
26 Mar 2014 Axis Bank Limited ₹13.00 Cr Open

How Many Employees Work at Coastal Projects?

Coastal Projects has a workforce of 2 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coastal Projects, 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 Projects'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 Coastal Projects

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 15 Feb 2012 with Charge ID 10339546 was modified on 01 Nov 2023.

    01 Nov 2023

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 5,426.96 Cr registered on 30 May 2014 with Charge ID 10516968 was modified on 02 Aug 2017.

    02 Aug 2017

  • Director Appointment

    Tadimalla Veera Bhadra Durga Srinivasa Rao Venkata Anantha Laxmi Naga was appointed as a Director was appointed as a Director on 07 Jul 2017 & has been associated with this company since 7 years 7 months .

    07 Jul 2017

  • Annual General Meeting

    Coastal Projects Limited last Annual general meeting of members was held on 30 Dec 2016 as per latest MCA records.

    30 Dec 2016

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100080144 was registered on 26 Dec 2016.

    26 Dec 2016

  • Balance Sheet

    Coastal Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Cuttack.

    31 Mar 2016

Frequently asked questions

  • Coastal Projects Limited was incorporated on 01 May 1995.

  • The authorized share capital of Coastal Projects Limited is ₹ 750.00 Cr and paid-up capital is ₹ 330.94 Cr.

  • Currently 3 directors are associated with Coastal Projects Limited.

    • Sabbineni Babu Surendra
    • Tadimalla Veera Bhadra Durga Srinivasa Rao Venkata Anantha Laxmi Naga
    • Harihara Rao Garapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coastal Projects Limited is Plot No 237 2Nd Floorbapuji Nagar, Bhubaneswar, Khurda, Orissa, India, 751009.

  • The corporate identification number (CIN) of Coastal Projects Limited is U45203OR1995PLC003982 and the company number is 003982 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Coastal Projects Limited is https://www.coastalprojects.co.in

  • According to the financial reports for the fiscal year 2017, the revenue trend for Coastal Projects Limited has risen by 23.09%.

  • As Per 2017 financial reports, 2 employees are currently employed by Coastal Projects Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Coastal Projects Limited has experienced an upsurge of 0.93%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Coastal Projects Limited amount to ₹ 12,556.86 Cr.

  • The most recent Balance Sheet for Coastal Projects Limited was filed with the ROC on 31 Mar 2016.

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