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Comet Tools (Guj ) Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 35 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.75 Cr
- Satisfied Charges ₹ 3.46 Cr
- Revenue Growth 29.69%
- Profit Growth 36.06%
- Ebitda 14.89%
- Net Worth 14.96%
- Total Assets -0.89%
About Comet Tools (Guj )
Comet Tools (Guj ) Pvt Ltd (CTGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 April 1989 and has a history of 35 years and nine months. Its registered office is in Rajkot, Gujarat.
The Company is engaged in the Machinery And Equipment 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 3.00 M and a paid-up capital of Rs 3.00 M.
The company currently has active open charges totaling ₹11.75 Cr. The company has closed loans amounting to ₹3.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jayantilal Garala, Vinodrai Garala, Dineshbhai Marvania, and Four other members serve as directors at the Company.
Company Details
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LocationRajkot, Gujarat
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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
U28939GJ1989PTC012172
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Company No.
012172
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Apr 1989
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Comet Tools (Guj ) Pvt Ltd offer?
Comet Tools (Guj ) Pvt Ltd offers a wide range of products and services, including Forged Components, Cold Forging Parts, Industrial Gaskets, Ring Joint Gaskets.
Who are the key members and board of directors at Comet Tools (Guj )?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayantilal Garala
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Director | 27-Apr-1989 | Current |
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Ankur Garala
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Director | 01-Nov-2012 | Current |
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Vinodrai Garala
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Director | 27-Apr-1989 | Current |
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Dineshbhai Marvania
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Director | 27-Apr-1989 | Current |
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Kishan Garala
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Director | 15-May-2023 | Current |
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Kishorbhai Garala
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Director | 27-Apr-1989 | Current |
Financial Performance of Comet Tools (Guj ).
Comet Tools (Guj ) Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 29.69% increase. The company also saw a substantial improvement in profitability, with a 36.06% increase in profit. The company's net worth Soared by an impressive increase of 14.96%.
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What is the Ownership and Shareholding Structure of Comet Tools (Guj )?
In 2023, Comet Tools (Guj ) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹117.54 M
₹34.57 M
Charges Breakdown by Lending Institutions
- Others : 11.23 Cr
- State Bank Of Saurashtra : 0.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2014 | Others | ₹11.23 Cr | Open |
| 23 Mar 1990 | State Bank Of Saurashtra | ₹2.00 M | Open |
| 23 Mar 1990 | State Bank Of Saurashtra | ₹3.25 M | Open |
| 24 Dec 1996 | State Bank Of India | ₹3.46 Cr | Satisfied |
How Many Employees Work at Comet Tools (Guj )?
Comet Tools (Guj ) has a workforce of 24 employees as of Apr 02, 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 Comet Tools (Guj ), 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 Comet Tools (Guj )'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.