Commex Technology Limited

Provides software products and IT consulting services to global companies in capital and commodities markets.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated:

Commex Technology Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 31.02 Cr
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 13.50 Cr
  • Satisfied Charges ₹ 19.80 Cr
  • Revenue Growth %
  • Profit Growth -17.61%
  • Ebitda -17.63%
  • Net Worth -9.32%
  • Total Assets -11.66%

About Commex Technology

Commex Technology Limited (CTL) is a Public Limited Indian Non-Government Company incorporated in India on 24 January 2000 and has a history of 25 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as It People (India) Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 31.02 Cr.

The company currently has active open charges totaling ₹13.50 Cr. The company has closed loans amounting to ₹19.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Commex Technology Limited India is Ajay Raut as CFO. Jayant Mitra, Ali Ukani, and Mahesh Doifode serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72900MH2000PLC123796

  • Company No.

    123796

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2000

  • Date of AGM

    28 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Commex Technology Limited offer?

Commex Technology Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Consultancy.

Who are the key members and board of directors at Commex Technology?

Executive Team (2)

NameDesignationAppointment DateStatus
Jayant Mitra Country flag representing In Managing Director24-Dec-2012Current
Ajay Raut Country flag representing In CFO01-Sep-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Ali Ukani Country flag representing In Director 11-Nov-2016Current
Mahesh Doifode Country flag representing In Director 09-Aug-2019Current

Financial Performance of Commex Technology.

Commex Technology Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 17.61% decrease in profit. The company's net worth dipped by a decrease of 9.32%.

Commex Technology revenue growth over time
Commex Technology 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
Revenue from Operations
Total Assets
-11.66%
Profit or Loss
-17.61%
Net Worth
-9.32%
EBITDA
-17.63%

What is the Ownership and Shareholding Structure of Commex Technology?

In 2020, Commex Technology had a promoter holding of 38.33% and a public holding of 61.66%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.50 Cr

Satisfied Charges

₹19.80 Cr

Charges Breakdown by Lending Institutions

  • Relaince Capital Limited : 6.50 Cr
  • Reliance Capital Limited : 5.50 Cr
  • Abu Dhabi Commercial Bank Ltd : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2013Reliance Capital Limited₹5.50 CrOpen
27 Sep 2013Relaince Capital Limited₹6.50 CrOpen
03 Feb 1997Abu Dhabi Commercial Bank Ltd₹1.50 CrOpen
09 Dec 2011Ecl Finance Limited₹4.50 CrSatisfied
24 Nov 2006Hdfc Bank Limited₹14.10 CrSatisfied

How Many Employees Work at Commex Technology?

Commex Technology has a workforce of 0 employees as of Mar 22, 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.

Employee growth trends for Commex Technology Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Commex Technology Limited last Annual general meeting of members was held on 28 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Commex Technology Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

  • Director Appointment

    Mahesh Dharma Doifode was appointed as a Director was appointed as a Director on 09 Aug 2019 & has been associated with this company since 5 years 7 months .

  • Director Appointment

    Ali Mohammed Parvez Ukani was appointed as a Director was appointed as a Director on 11 Nov 2016 & has been associated with this company since 8 years 4 months .

  • Director Appointment

    Ajay Bhaskar Raut was appointed as a Cfo was appointed as a Cfo on 01 Sep 2014 & has been associated with this company since 10 years 6 months .

  • Charges

    A charge with Reliance Capital Limited of Rs. 5.50 Cr registered on 27 Sep 2013 with Charge ID 10455905 was modified on 28 Oct 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Commex Technology Limited?

    Commex Technology Limited was incorporated on 24 Jan 2000.

  • What is authorized share capital and paid-up capital of Commex Technology Limited?

    The authorized share capital of Commex Technology Limited is ₹ 60.00 Cr and paid-up capital is ₹ 31.02 Cr.

  • Who are the current board members & directors of Commex Technology Limited?

    Currently 4 directors are associated with Commex Technology Limited.

    • Jayant Dolatraj Mitra
    • Ali Mohammed Parvez Ukani
    • Mahesh Dharma Doifode
    • Ajay Bhaskar Raut

  • What is the registered address of Commex Technology Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Commex Technology Limited is 406 4Th Floor Dev Plaza S. V. Road. Andheri (West), India, Mumbai, Maharashtra, 400058.

  • What is the corporate identification number (CIN) and company number of Commex Technology Limited?

    The corporate identification number (CIN) of Commex Technology Limited is L72900MH2000PLC123796 and the company number is 123796 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Commex Technology Limited?

    The Official website of Commex Technology Limited is https://www.commextechnology.com

  • What change has been observed in the net worth of Commex Technology Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Commex Technology Limited has experienced an downturn of -9.32%.

  • What are the total open charges for Commex Technology Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Commex Technology Limited amount to ₹ 13.50 Cr.

  • When was the last Balance Sheet of Commex Technology Limited filed with the ROC?

    The most recent Balance Sheet for Commex Technology Limited was filed with the ROC on 31 Mar 2020.

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