Compete Tools Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.99 Cr
- Revenue Growth 21.18%
- Profit Growth 190.86%
- Ebitda 42.45%
- Net Worth 4.01%
- Total Assets -11.38%
About Compete Tools
Compete Tools Private Limited (CTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 February 1996 and has a history of 29 years and two months. Its registered office is in Mumbai, Maharashtra, 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 3.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹3.99 Cr.
Ramesh Shah and Nishit Shah 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
U51900MH1996PTC097366
- Company No.
097366
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Feb 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Compete Tools Private Limited offer?
Compete Tools Private Limited offers a wide range of products and services, including Office Stationery & Calculator, Office Automation Equipments, Hydraulic & Pneumatic Tools, Air Spray Gun, Surface Coating & Paint Equipment, Paint Applicators, Hydraulic Machines, Hydraulic Press, Industrial Valves & Valve Fittings, Industrial Valves.
Compete Tools Private Limited
Explore comprehensive data for Compete Tools Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Compete Tools?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Shah  | Director | 16-Feb-1996 | Current |
| Nishit Shah | Director | 05-Oct-2007 | Current |
Financial Performance of Compete Tools.
Compete Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.18% increase. The company also saw a substantial improvement in profitability, with a 190.86% increase in profit. The company's net worth moved up by a moderate rise of 4.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Compete Tools?
Unlock access to Compete Tools's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Charges (Loans)
Open Charges
₹39.90 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 3.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2020 | Others | ₹4.90 M | Open |
| 08 Dec 1997 | Others | ₹3.50 Cr | Open |
How Many Employees Work at Compete Tools?
Compete Tools has a workforce of 11 employees as of Mar 31, 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 Compete Tools, 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 Compete Tools'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 Compete Tools
Recent activity within the organization
- Annual General Meeting
Compete Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 35.00 M registered on 08 Dec 1997 with Charge ID 90142057 was modified on 27 Jun 2024.
- Balance Sheet
Compete Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 4.90 M with Charge ID 100344099 was registered on 10 Jun 2020.
- Director Appointment
Nishit Ramesh Shah was appointed as a Director was appointed as a Director on 05 Oct 2007 & has been associated with this company since 17 years 6 months .
- Charges
A charge with Others amounted to Rs. 35.00 M with Charge ID 90142057 was registered on 08 Dec 1997.
Frequently asked questions
What is the Incorporation or founding date of Compete Tools Private Limited?
Compete Tools Private Limited was incorporated on 16 Feb 1996.
What is authorized share capital and paid-up capital of Compete Tools Private Limited?
The authorized share capital of Compete Tools Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of Compete Tools Private Limited?
Currently 2 directors are associated with Compete Tools Private Limited.
- Ramesh Shantilal Shah
- Nishit Ramesh Shah
What is the registered address of Compete Tools Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Compete Tools Private Limited is 17 Floor-1 163 Maskati Blgd Narayan Dhuru Street Pydhonie Mandvi, India, Mumbai, Maharashtra, 400003.
What is the corporate identification number (CIN) and company number of Compete Tools Private Limited?
The corporate identification number (CIN) of Compete Tools Private Limited is U51900MH1996PTC097366 and the company number is 097366 as per Ministry of Corporate Affairs (MCA).
What is the official website of Compete Tools Private Limited?
The Official website of Compete Tools Private Limited is https://www.competetools.in
What has been the recent revenue trend for Compete Tools Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Compete Tools Private Limited has risen by 21.18%.
How many employees does Compete Tools Private Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by Compete Tools Private Limited.
What change has been observed in the net worth of Compete Tools Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Compete Tools Private Limited has experienced an upsurge of 4.01%.
What are the total open charges for Compete Tools Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Compete Tools Private Limited amount to ₹ 3.99 Cr.
When was the last Balance Sheet of Compete Tools Private Limited filed with the ROC?
The most recent Balance Sheet for Compete Tools Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Premal ShahDirectorMS
Mahendra ShahDirector
Similar Companies Based on Industrial Machinery Retail & Distribution
Valmet Technologies Private Limited Chennai, Tamil Nadu, India
Metso Outotec India Private Limited Delhi, India
Humboldt Wedag India Private Limited Delhi, India
Honda Trading Corporation India Private Limited Delhi, India
Excelsource International Private Limited Vadodara, Gujarat, India
Gainwell Commosales Private Limited 24 Parganas, West Bengal, India
Voltas Limited Mumbai, Maharashtra, India
Kpl Exports Limited Kanpur Dehat, Uttar Pradesh, India