Cometweld Private Limited

Manufacturer of pumps, compressors, taps, valves, electrodes, and other industrial equipment.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 15, 2024

Cometweld Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.75 M
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.13 Cr
  • Satisfied Charges ₹ 1.48 Cr
  • Revenue Growth 28.22%
  • Profit Growth 261.12%
  • Ebitda 436.34%
  • Net Worth 7.30%
  • Total Assets -8.82%

About Cometweld

Cometweld Private Limited (CPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 1988 and has a history of 36 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

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 5.00 M and a paid-up capital of Rs 0.75 M.

The company currently has active open charges totaling ₹11.13 Cr. The company has closed loans amounting to ₹1.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepaben Patel and Dharmesh Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29120GJ1988PTC011101

  • Company No.

    011101

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Cometweld?

Board Members (2)

Name Designation Appointment Date Status
Deepaben Patel Country flag representing In Director 01-Dec-2000 Current
Dharmesh Patel Country flag representing In Director 11-Aug-1988 Current

Financial Performance of Cometweld.

Cometweld Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.22% increase. The company also saw a substantial improvement in profitability, with a 261.12% increase in profit. The company's net worth moved up by a moderate rise of 7.3%.

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
28.22%
Revenue from Operations
26.04%
Total Assets
-8.82%
Profit or Loss
261.12%
Net Worth
7.30%
EBITDA
436.34%

What is the Ownership and Shareholding Structure of Cometweld?

In 2022, Cometweld had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹111.25 M

Satisfied Charges

₹14.80 M

Charges Breakdown by Lending Institutions

  • Others : 7.83 Cr
  • Oriental Bank Of Commerce : 3.00 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
27 Nov 2024 Hdfc Bank Limited ₹3.00 M Open
05 Mar 2010 Others ₹7.83 Cr Open
21 Oct 2005 Oriental Bank Of Commerce ₹1.50 Cr Open
20 Oct 2005 Oriental Bank Of Commerce ₹1.50 Cr Open
15 Oct 2016 Hdfc Bank Limited ₹0.50 M Satisfied

How Many Employees Work at Cometweld?

Unlock and access historical data on people associated with Cometweld, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 M with Charge ID 101007504 was registered on 27 Nov 2024.

    27 Nov 2024

  • Annual General Meeting

    Cometweld Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Cometweld Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 78.25 M registered on 05 Mar 2010 with Charge ID 10206535 was modified on 29 Sep 2020.

    29 Sep 2020

  • Charges

    A charge registered on 15 Oct 2016 via Charge ID 100080019 with Hdfc Bank Limited was fully satisfied on 11 Jun 2020.

    11 Jun 2020

  • Charges

    A charge registered on 19 Sep 2016 via Charge ID 100080013 with Hdfc Bank Limited was fully satisfied on 11 Jun 2020.

    11 Jun 2020

Frequently asked questions

  • Cometweld Private Limited was incorporated on 11 Aug 1988.

  • The authorized share capital of Cometweld Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.75 M.

  • Currently 2 directors are associated with Cometweld Private Limited.

    • Deepaben Dharmesh Patel
    • Dharmesh Kishordas Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cometweld Private Limited is 2Nd Floor Vishrad Complexnehru Park Navrangpura India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Cometweld Private Limited is U29120GJ1988PTC011101 and the company number is 011101 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Cometweld Private Limited has risen by 28.22%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Cometweld Private Limited has experienced an upsurge of 7.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Cometweld Private Limited amount to ₹ 11.13 Cr.

  • The most recent Balance Sheet for Cometweld Private Limited was filed with the ROC on 31 Mar 2024.

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