Comrade Appliances Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 7.73 Cr
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.68 Cr
- Revenue Growth -9.17%
- Profit Growth 896.10%
- Ebitda 55.08%
- Net Worth 8.39%
- Total Assets 3.86%
About Comrade Appliances
Comrade Appliances Limited (CAL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 22 March 2017 (Seven years and 11 months 13 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Comrade Appliances Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 7.73 Cr.
The company currently has active open charges totaling ₹22.68 Cr.
The Key Managerial Personnel (KMP) at Comrade Appliances Limited India are Khursheed Alam as CFO and Kiran Tilwani as Company Secretary. Rajan Agarwal, Sonu Dhariwal, Khursheed Alam, and Two other members 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
L74999MH2017PLC292817
- Company No.
292817
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Mar 2017
- Date of AGM
31 May 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Comrade Appliances?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Khursheed Alam  | Managing Director | 22-Mar-2017 | Current |
| Kiran Tilwani | Company Secretary | 15-Dec-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajan Agarwal | Director | 10-Nov-2022 | Current |
| Sonu Dhariwal | Director | 10-Nov-2022 | Current |
| Mehboob Alam | Director | 22-Mar-2017 | Current |
| Shakir Khan | Director | 22-Mar-2017 | Current |
Financial Performance of Comrade Appliances.
Comrade Appliances Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.17% decrease. The company also saw a substantial improvement in profitability, with a 896.1% increase in profit. The company's net worth moved up by a moderate rise of 8.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Comrade Appliances?
In 2023, Comrade Appliances had a promoter holding of 63.30% and a public holding of 36.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Troupe Technologies Private LimitedKhursheed Alam is a mutual person
Progressive Commutators Pvt. Ltd.Rajan Agarwal is a mutual person
- Wjt India Private Limited
Khursheed Alam is a mutual person
Charges (Loans)
Open Charges
₹22.68 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 16.07 Cr
- Others : 4.67 Cr
- Sidbi : 1.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2024 | Others | ₹2.90 Cr | Open |
| 29 Jun 2024 | Others | ₹1.02 Cr | Open |
| 08 Apr 2024 | Others | ₹7.46 M | Open |
| 13 Feb 2023 | Sidbi | ₹9.49 M | Open |
| 11 Aug 2022 | Sidbi | ₹1.00 Cr | Open |
How Many Employees Work at Comrade Appliances?
Comrade Appliances has a workforce of 53 employees as of Oct 04, 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 Comrade Appliances, 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 Comrade Appliances'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 Comrade Appliances
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 2.90 Cr with Charge ID 100980192 was registered on 24 Jul 2024.
- Charges
A charge with Others amounted to Rs. 1.02 Cr with Charge ID 100951531 was registered on 29 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100940695 was registered on 08 Apr 2024.
- Charges
A charge with Canara Bank of Rs. 16.07 Cr registered on 13 Sep 2017 with Charge ID 100135463 was modified on 30 Nov 2023.
- Annual General Meeting
Comrade Appliances Limited last Annual general meeting of members was held on 31 May 2023 as per latest MCA records.
- Balance Sheet
Comrade Appliances Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Recent News, Updates & Announcement
Comrade Appliances IPO Allotment: Here’s how to check allotment status, GMP, other details | Mint.Comrade Appliances IPO allotment date is June 8 wherein the company will fix the basis of allotment of shares. It will initiate refunds on June 9 to the investors not receiving allotment and credit the shares to eligible investors’ demat account on June 12..
Frequently asked questions
What is the Incorporation or founding date of Comrade Appliances Limited?
Comrade Appliances Limited was incorporated on 22 Mar 2017.
What is authorized share capital and paid-up capital of Comrade Appliances Limited?
The authorized share capital of Comrade Appliances Limited is ₹ 11.00 Cr and paid-up capital is ₹ 7.73 Cr.
Who are the current board members & directors of Comrade Appliances Limited?
Currently 7 directors are associated with Comrade Appliances Limited.
- Rajan Agarwal
- Sonu Dhariwal
- Khursheed Alam
- Mehboob Alam
- Shakir Khan
- Khursheed Alam
- Kiran Tilwani
What is the registered address of Comrade Appliances Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Comrade Appliances Limited is Shop No.39 Ground Level I Dewan Centre 183-186 S.V.Road, Jogeshwari West India, Mumbai, Maharashtra, 400102.
What is the corporate identification number (CIN) and company number of Comrade Appliances Limited?
The corporate identification number (CIN) of Comrade Appliances Limited is L74999MH2017PLC292817 and the company number is 292817 as per Ministry of Corporate Affairs (MCA).
What is the official website of Comrade Appliances Limited?
The Official website of Comrade Appliances Limited is https://www.comrade.net.in
What has been the recent revenue trend for Comrade Appliances Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Comrade Appliances Limited has fallen by -9.17%.
How many employees does Comrade Appliances Limited currently have?
As Per 2023 financial reports, 53 employees are currently employed by Comrade Appliances Limited.
What change has been observed in the net worth of Comrade Appliances Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Comrade Appliances Limited has experienced an upsurge of 8.39%.
What are the total open charges for Comrade Appliances Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Comrade Appliances Limited amount to ₹ 22.68 Cr.
When was the last Balance Sheet of Comrade Appliances Limited filed with the ROC?
The most recent Balance Sheet for Comrade Appliances Limited was filed with the ROC on 31 Mar 2023.