Concord Tie Up Pvt Ltd

Provides investment and automobile dealership services for TATA Motors in Madhya Pradesh.

1996 | Kolkata, West Bengal (India) | Active
Last Updated: November 15, 2024

Concord Tie Up Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.49 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.74 Cr
  • Satisfied Charges ₹ 8.90 Cr
  • Revenue Growth 26.56%
  • Profit Growth 26.79%
  • Ebitda 26.70%
  • Net Worth 9.74%
  • Total Assets -19.38%

About Concord Tie Up

Concord Tie Up Pvt Ltd (CTUPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 March 1996 and has a history of 28 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 2.49 M.

The company currently has active open charges totaling ₹50.74 Cr. The company has closed loans amounting to ₹8.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naval Agrawal and Vandana Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909WB1996PTC078729

  • Company No.

    078729

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

Who are the key members and board of directors at Concord Tie Up?

Board Members (2)

Name Designation Appointment Date Status
Naval Agrawal Country flag representing In Director 19-Mar-2003 Current
Vandana Agarwal Country flag representing In Director 15-Oct-2016 Current

Financial Performance of Concord Tie Up.

Concord Tie Up Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 26.56% increase. The company also saw a substantial improvement in profitability, with a 26.79% increase in profit. The company's net worth moved up by a moderate rise of 9.74%.

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
26.56%
Revenue from Operations
26.58%
Total Assets
-19.38%
Profit or Loss
26.79%
Net Worth
9.74%
EBITDA
26.70%

What is the Ownership and Shareholding Structure of Concord Tie Up?

In 2023, Concord Tie Up had a promoter holding of 96.50% and a public holding of 3.50%. The company had 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

₹507.41 M

Satisfied Charges

₹89.00 M

Charges Breakdown by Lending Institutions

  • Others : 24.50 Cr
  • State Bank Of India : 11.14 Cr
  • Standard Chartered Bank : 6.50 Cr
  • Allahabad Bank : 5.10 Cr
  • Idbi Bank Limited : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 2024 Idbi Bank Limited ₹3.50 Cr Open
13 Oct 2023 Others ₹1.05 Cr Open
06 Feb 2023 Others ₹5.20 M Open
31 Jan 2023 Others ₹6.90 Cr Open
20 Jul 2021 Others ₹4.00 M Open

How Many Employees Work at Concord Tie Up?

Unlock and access historical data on people associated with Concord Tie Up, 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 Concord Tie Up, 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 Concord Tie Up'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 Concord Tie Up

Recent activity within the organization

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 35.00 M with Charge ID 100896003 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge registered on 20 Dec 2022 via Charge ID 100669124 with Hdfc Bank Limited was fully satisfied on 20 Mar 2024.

    20 Mar 2024

  • Charges

    A charge with Others of Rs. 69.00 M registered on 31 Jan 2023 with Charge ID 100679326 was modified on 28 Nov 2023.

    28 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 10.50 M with Charge ID 100860363 was registered on 13 Oct 2023.

    13 Oct 2023

  • Annual General Meeting

    Concord Tie Up Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.00 M registered on 20 Dec 2022 with Charge ID 100669124 was modified on 19 Jun 2023.

    19 Jun 2023

Frequently asked questions

  • Concord Tie Up Pvt Ltd was incorporated on 28 Mar 1996.

  • The authorized share capital of Concord Tie Up Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.49 M.

  • Currently 2 directors are associated with Concord Tie Up Pvt Ltd.

    • Naval Agrawal
    • Vandana Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Concord Tie Up Pvt Ltd is 9, Munshi Sadruddin Lane R.No-101 India, Kolkata, West Bengal, 700007.

  • The corporate identification number (CIN) of Concord Tie Up Pvt Ltd is U51909WB1996PTC078729 and the company number is 078729 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Concord Tie Up Pvt Ltd has risen by 26.56%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Concord Tie Up Pvt Ltd has experienced an upsurge of 9.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Concord Tie Up Pvt Ltd amount to ₹ 50.74 Cr.

  • The most recent Balance Sheet for Concord Tie Up Pvt Ltd was filed with the ROC on 31 Mar 2023.

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