Coral Rewinding India Private Limited

Provides coil rewinding services for electrical motors and generators with high-quality materials and reconditioning options.

2006 | Erode, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Coral Rewinding India Profile

Key Indicators

  • Authorised Capital ₹ 2.40 Cr
  • Paid Up Capital ₹ 2.40 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 121.59 Cr
  • Revenue Growth 82.86%
  • Profit Growth 186.09%
  • Ebitda 131.06%
  • Net Worth 19.47%
  • Total Assets 18.84%

About Coral Rewinding India

Coral Rewinding India Private Limited (CRIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 May 2006 and has a history of 18 years and nine months. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Engineering 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 2.40 Cr and a paid-up capital of Rs 2.40 Cr.

The company currently has active open charges totaling ₹121.59 Cr.

Rajarajan Krishnaveni, Thangam Velumani, 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

    coralengineering.us

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909TZ2006PTC012771

  • Company No.

    012771

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 May 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Engineering

What products or services does Coral Rewinding India Private Limited offer?

Coral Rewinding India Private Limited offers a wide range of products and services, including Testing & Measuring Equipments, Testing Equipment, Electrical & Electronic Test Devices, Resistance Meters, Hipot Tester, Insulation Tester, Cold Storage System, Cold Storage Rooms, Calipers, Digimatic Vernier.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ponnusamy Rajarajan Country flag representing In Managing Director18-May-2006Current

Board Members (3)

NameDesignationAppointment DateStatus
Rajarajan Krishnaveni Country flag representing In Director 18-May-2006Current
Thangam Velumani Country flag representing In Director 24-Dec-2019Current
Krishnaveni Rajkumar Country flag representing In Director 18-May-2006Current

Financial Performance of Coral Rewinding India.

Coral Rewinding India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.86% increase. The company also saw a substantial improvement in profitability, with a 186.09% increase in profit. The company's net worth Soared by an impressive increase of 19.47%.

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
82.86%
Revenue from Operations
82.46%
Total Assets
18.84%
Profit or Loss
186.09%
Net Worth
19.47%
EBITDA
131.06%

What is the Ownership and Shareholding Structure of Coral Rewinding India?

In 2023, Coral Rewinding India had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹121.59 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 117.63 Cr
  • Erode Main Branch : 3.60 Cr
  • Others : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
12 Aug 2021Others₹3.66 MOpen
21 Dec 2020Indian Bank₹7.75 CrOpen
31 Aug 2020Indian Bank₹60.00 CrOpen
26 Jun 2020Indian Bank₹1.06 CrOpen
08 Nov 2019Indian Bank₹5.00 MOpen

How Many Employees Work at Coral Rewinding India?

Coral Rewinding India has a workforce of 229 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coral Rewinding 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 Rewinding 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 Rewinding India

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 26.16 Cr registered on 28 Mar 2012 with Charge ID 10351016 was modified on 04 Oct 2023.

    04 Oct 2023

  • Annual General Meeting

    Coral Rewinding India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Coral Rewinding India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.37 Cr with Charge ID 100481352 was registered on 12 Aug 2021.

    12 Aug 2021

  • Charges

    A charge with Indian Bank amounted to Rs. 7.75 Cr with Charge ID 100404468 was registered on 21 Dec 2020.

    21 Dec 2020

  • Charges

    A charge with Indian Bank amounted to Rs. 60.00 Cr with Charge ID 100382273 was registered on 31 Aug 2020.

    31 Aug 2020

Frequently asked questions

  • Coral Rewinding India Private Limited was incorporated on 18 May 2006.

  • The authorized share capital of Coral Rewinding India Private Limited is ₹ 2.40 Cr and paid-up capital is ₹ 2.40 Cr.

  • Currently 4 directors are associated with Coral Rewinding India Private Limited.

    • Rajarajan Krishnaveni
    • Thangam Sujitha Velumani
    • Ponnusamy Rajarajan
    • Krishnaveni Rajarajan Rajkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coral Rewinding India Private Limited is 150 Villarasampatti Nall Road Nasiyanur Road Villarasampatti Post, Erode, Tamil Nadu, India, 638107.

  • The corporate identification number (CIN) of Coral Rewinding India Private Limited is U31909TZ2006PTC012771 and the company number is 012771 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Coral Rewinding India Private Limited is https://www.coralengineering.us

  • According to the financial reports for the fiscal year 2023, the revenue trend for Coral Rewinding India Private Limited has risen by 82.86%.

  • As Per 2023 financial reports, 229 employees are currently employed by Coral Rewinding India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Coral Rewinding India Private Limited has experienced an upsurge of 19.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Coral Rewinding India Private Limited amount to ₹ 121.59 Cr.

  • The most recent Balance Sheet for Coral Rewinding India Private Limited was filed with the ROC on 31 Mar 2023.

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