Confidence Go Gas Limited

Manufactures and supplies LPG and CNG meters, as well as distributes industrial supplies.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: January 01, 2025

Confidence Go Gas Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth -59.02%
  • Profit Growth -61.20%
  • Ebitda 41.48%
  • Net Worth 14.17%
  • Total Assets 12.93%

About Confidence Go Gas

Confidence Go Gas Limited (CGGL) is a Public Limited Indian Non-Government Company incorporated in India on 18 April 2008 and has a history of 16 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Energy And Power 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹2.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nitin Khara, Elesh Khara, and Sarvesh Khara serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U11101MH2008PLC181298

  • Company No.

    181298

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Confidence Go Gas?

Board Members (3)

NameDesignationAppointment DateStatus
Sarvesh Khara Country flag representing In Director 28-May-2018Current
Nitin Khara Country flag representing In Director 18-Apr-2008Current
Elesh Khara Country flag representing In Director 18-Apr-2008Current

Financial Performance of Confidence Go Gas.

Confidence Go Gas Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.02% decrease. The company also saw a substantial fall in profitability, with a 61.2% decrease in profit. The company's net worth Soared by an impressive increase of 14.17%.

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
-59.02%
Revenue from Operations
-1.05%
Total Assets
12.93%
Profit or Loss
-61.20%
Net Worth
14.17%
EBITDA
41.48%

What is the Ownership and Shareholding Structure of Confidence Go Gas?

In 2023, Confidence Go Gas 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

₹0

Satisfied Charges

₹25.00 M

Charges Breakdown by Lending Institutions

  • Tirupati Co-Operative Bank Limited : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2011Tirupati Co-Operative Bank Limited₹2.50 CrSatisfied

How Many Employees Work at Confidence Go Gas?

Unlock and access historical data on people associated with Confidence Go Gas, 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 Confidence Go Gas, 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 Confidence Go Gas'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 Confidence Go Gas

Recent activity within the organization

  • Annual General Meeting

    Confidence Go Gas Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Confidence Go Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sarvesh Elesh Khara was appointed as a Director was appointed as a Director on 28 May 2018 & has been associated with this company since 6 years 8 months .

    28 May 2018

  • Charges

    A charge registered on 27 Jan 2011 via Charge ID 10273782 with Tirupati Co-Operative Bank Limited was fully satisfied on 11 Nov 2011.

    11 Nov 2011

  • Charges

    A charge with Tirupati Co-Operative Bank Limited amounted to Rs. 25.00 M with Charge ID 10273782 was registered on 27 Jan 2011.

    27 Jan 2011

  • Director Appointment

    Nitin Punamchand Khara was appointed as a Director was appointed as a Director on 18 Apr 2008 & has been associated with this company since 16 years 9 months .

    18 Apr 2008

Frequently asked questions

  • Confidence Go Gas Limited was incorporated on 18 Apr 2008.

  • The authorized share capital of Confidence Go Gas Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Confidence Go Gas Limited.

    • Nitin Punamchand Khara
    • Elesh Khara
    • Sarvesh Elesh Khara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Confidence Go Gas Limited is B-13 Prabhu Kripa Society Nanda Patkar Road, Vile Parle ( E ) India, Mumbai, Maharashtra, 400057.

  • The corporate identification number (CIN) of Confidence Go Gas Limited is U11101MH2008PLC181298 and the company number is 181298 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Confidence Go Gas Limited is https://www.confidencegroup.co

  • According to the financial reports for the fiscal year 2023, the revenue trend for Confidence Go Gas Limited has fallen by -59.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Confidence Go Gas Limited has experienced an upsurge of 14.17%.

  • The most recent Balance Sheet for Confidence Go Gas Limited was filed with the ROC on 31 Mar 2024.

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