Coral Sales Private Limited

Trading cars since 2007, with registered office in Durgapur, West Bengal.

2007 | Bardhaman, West Bengal (India) | Active
Last Updated: November 16, 2024

Coral Sales Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.97 M
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.65 Cr
  • Satisfied Charges ₹ 13.98 Cr
  • Revenue Growth 41.21%
  • Profit Growth -22.25%
  • Ebitda 18.65%
  • Net Worth 8.36%
  • Total Assets 4.84%

About Coral Sales

Coral Sales Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 2007 and has a history of 17 years and four months. Its registered office is in Bardhaman, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.97 M.

The company currently has active open charges totaling ₹37.65 Cr. The company has closed loans amounting to ₹13.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gulshan Ahuja, Reema Ahuja, and Gaurav Ahuja serve as directors at the Company.

Company Details

  • Location

    Bardhaman, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109WB2007PTC118613

  • Company No.

    118613

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 2007

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

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

Board Members (3)

Name Designation Appointment Date Status
Gulshan Ahuja Country flag representing In Director 13-Sep-2007 Current
Reema Ahuja Country flag representing In Director 29-Jul-2010 Current
Gaurav Ahuja Country flag representing In Director 13-Sep-2007 Current

Financial Performance of Coral Sales.

Coral Sales Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.21% increase. The company also saw a substantial fall in profitability, with a 22.25% decrease in profit. The company's net worth moved up by a moderate rise of 8.36%.

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
41.21%
Revenue from Operations
41.71%
Total Assets
4.84%
Profit or Loss
-22.25%
Net Worth
8.36%
EBITDA
18.65%

What is the Ownership and Shareholding Structure of Coral Sales?

In 2023, Coral Sales 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

₹376.48 M

Satisfied Charges

₹139.81 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 26.45 Cr
  • Others : 4.92 Cr
  • Axis Bank Limited : 4.65 Cr
  • Hdfc Bank Limited : 1.19 Cr
  • Tata Capital Financial Services Limited : 0.35 Cr
  • Others : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
15 Oct 2024 Axis Bank Limited ₹8.32 M Open
18 Sep 2024 Others ₹5.94 M Open
31 Jul 2024 Others ₹3.96 M Open
16 Jul 2024 Others ₹4.23 M Open
21 Jun 2024 Hdfc Bank Limited ₹0.70 M Open

How Many Employees Work at Coral Sales?

Coral Sales has a workforce of 97 employees as of Apr 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 Sales, 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 Sales'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 Sales

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.32 M with Charge ID 100988409 was registered on 15 Oct 2024.

    15 Oct 2024

  • Annual General Meeting

    Coral Sales Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 5.94 M with Charge ID 100981817 was registered on 18 Sep 2024.

    18 Sep 2024

  • Charges

    A charge registered on 17 Aug 2020 via Charge ID 100367067 with Axis Bank Limited was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge registered on 10 Oct 2017 via Charge ID 100130774 with Axis Bank Limited was fully satisfied on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge registered on 08 Feb 2013 via Charge ID 10407340 with Axis Bank Limited was fully satisfied on 09 Sep 2024.

    09 Sep 2024

Frequently asked questions

  • Coral Sales Private Limited was incorporated on 13 Sep 2007.

  • The authorized share capital of Coral Sales Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.97 M.

  • Currently 3 directors are associated with Coral Sales Private Limited.

    • Gulshan Kumar Ahuja
    • Reema Ahuja
    • Gaurav Ahuja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coral Sales Private Limited is Plot No. Lr-2726 Rs 2818 Under Gopalpur Gram Panchayat, Po-Durgapur-12 India, Kanksa, West Bengal, 713212.

  • The corporate identification number (CIN) of Coral Sales Private Limited is U51109WB2007PTC118613 and the company number is 118613 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Coral Sales Private Limited has risen by 41.21%.

  • As Per 2023 financial reports, 97 employees are currently employed by Coral Sales Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Coral Sales Private Limited has experienced an upsurge of 8.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Coral Sales Private Limited amount to ₹ 37.65 Cr.

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

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