Coral Manufacturing Works India Private Limited

Electrical machine assembly, alteration, manufacturing, repair, and import/export services.

2019 | Erode, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Coral Manufacturing Works India Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 88.76 Cr
  • Satisfied Charges ₹ 0.69 M
  • Revenue Growth 1893.63%
  • Profit Growth 80.22%
  • Ebitda 1405.89%
  • Net Worth -6.13%
  • Total Assets 114.77%

About Coral Manufacturing Works India

Coral Manufacturing Works India Private Limited (CMWIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 November 2019 (Five years and three months 14 days old ). Its registered office is in Erode, Tamil Nadu, 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 12.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹88.76 Cr. The company has closed loans amounting to ₹0.69 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Coral Manufacturing Works India Private Limited India is Roopal Jain as COMPANY SECRETARY. Malayolickal Joseph, Krishnaveni Rajkumar, Ponnusamy Rajarajan, and One other member serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    coralindia.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100TZ2019PTC032968

  • Company No.

    032968

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Energy and Power

Who are the key members and board of directors at Coral Manufacturing Works India?

Executive Team (2)

NameDesignationAppointment DateStatus
Ponnusamy Rajarajan Country flag representing In Managing Director11-Nov-2019Current
Roopal Jain Country flag representing In Company Secretary06-May-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Malayolickal Joseph Country flag representing In Director 11-Nov-2019Current
Krishnaveni Rajkumar Country flag representing In Director 11-Nov-2019Current
Rajarajan Krishnaveni Country flag representing In Director 02-Dec-2022Current

Financial Performance of Coral Manufacturing Works India.

Coral Manufacturing Works India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1893.63% increase. The company also saw a substantial improvement in profitability, with a 80.22% increase in profit. The company's net worth dipped by a decrease of 6.13%.

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
1893.63%
Revenue from Operations
1914.11%
Total Assets
114.77%
Profit or Loss
80.22%
Net Worth
-6.13%
EBITDA
1405.89%

What is the Ownership and Shareholding Structure of Coral Manufacturing Works India?

In 2023, Coral Manufacturing Works India 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

₹88.76 Cr

Satisfied Charges

₹0.07 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 81.76 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Nov 2022Indian Bank₹2.40 MOpen
25 Feb 2021The Hongkong And Shanghai Banking Corporation Limited₹7.00 CrOpen
31 Aug 2020Indian Bank₹81.52 CrOpen
26 Aug 2021Indian Bank₹0.69 MSatisfied

How Many Employees Work at Coral Manufacturing Works India?

Coral Manufacturing Works India has a workforce of 295 employees as of Aug 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coral Manufacturing Works India, 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 Coral Manufacturing Works India'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 Coral Manufacturing Works India

Recent activity within the organization

  • Annual General Meeting

    Coral Manufacturing Works India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Coral Manufacturing Works India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 26 Aug 2021 via Charge ID 100481355 with Indian Bank was fully satisfied on 13 Mar 2024.

    13 Mar 2024

  • Director Appointment

    Rajarajan Krishnaveni was appointed as a Director was appointed as a Director on 02 Dec 2022 & has been associated with this company since 2 years 2 months .

    02 Dec 2022

  • Charges

    A charge with Indian Bank amounted to Rs. 0.24 Cr with Charge ID 100654712 was registered on 02 Nov 2022.

    02 Nov 2022

  • Director Appointment

    Roopal Jain was appointed as a Company Secretary was appointed as a Company Secretary on 06 May 2022 & has been associated with this company since 2 years 9 months .

    06 May 2022

Frequently asked questions

  • Coral Manufacturing Works India Private Limited was incorporated on 11 Nov 2019.

  • The authorized share capital of Coral Manufacturing Works India Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 5 directors are associated with Coral Manufacturing Works India Private Limited.

    • Malayolickal George Joseph
    • Krishnaveni Rajarajan Rajkumar
    • Ponnusamy Rajarajan
    • Rajarajan Krishnaveni
    • Roopal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coral Manufacturing Works India Private Limited is 150 Villarasampatty Naal Road Nasiyanur Post, India, Erode, Tamil Nadu, 638107.

  • The corporate identification number (CIN) of Coral Manufacturing Works India Private Limited is U29100TZ2019PTC032968 and the company number is 032968 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Coral Manufacturing Works India Private Limited is https://www.coralindia.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Coral Manufacturing Works India Private Limited has risen by 1893.63%.

  • As Per 2023 financial reports, 295 employees are currently employed by Coral Manufacturing Works India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Coral Manufacturing Works India Private Limited has experienced an downturn of -6.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Coral Manufacturing Works India Private Limited amount to ₹ 88.76 Cr.

  • The most recent Balance Sheet for Coral Manufacturing Works India Private Limited was filed with the ROC on 31 Mar 2024.