Coral Telecom Limited

Designing, manufacturing, and marketing telecom switches and providing computer telephony integration services for various clients.

1996 | Solan, Himachal Pradesh (India) | Active
Last Updated:

Coral Telecom Profile

Key Indicators

  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 4.12 Cr
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.40 Cr
  • Satisfied Charges ₹ 110.33 Cr
  • Revenue Growth 12.67%
  • Profit Growth 27.67%
  • Ebitda 28.35%
  • Net Worth 36.83%
  • Total Assets 73.11%

About Coral Telecom

Coral Telecom Limited (CTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 April 1996 and has a history of 28 years and ten months. Its registered office is in Solan, Himachal Pradesh, India.

The Corporate was formerly known as Coral Telecom Private Limited. The Company is engaged in the Telecom 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 11.50 Cr and a paid-up capital of Rs 4.12 Cr.

The company currently has active open charges totaling ₹22.40 Cr. The company has closed loans amounting to ₹110.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shreshth Tuli, Amit Sharma, Mukesh Upreti, and Five other members serve as directors at the Company.

Company Details

  • Location

    Solan, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    coraltele.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32104HP1996PLC017995

  • Company No.

    017995

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Apr 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Telecom

What products or services does Coral Telecom Limited offer?

Coral Telecom Limited offers a wide range of products and services, including Router, Cables & Networking Devices, Network Gateway, Computer and Networking Solutions, Networking Solutions, Telecommunication Equipment & Parts, Communication Systems and Equipment, Internet Solutions, Broadband Internet Solutions, Telecommunications Equipment, IT Solutions.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Tuli Country flag representing In Managing Director08-Sep-2003Current

Board Members (7)

NameDesignationAppointment DateStatus
Updesh Verma Country flag representing In Director 27-Jun-2024Current
Shreshth Tuli Additional Director 07-Nov-2024Current
Amit Sharma Country flag representing In Director 27-Jun-2024Current
Mukesh Upreti Country flag representing In Director 18-Aug-2022Current
Vinod Pabreja Country flag representing In Director 01-Mar-2013Current
Poonam Tuli Country flag representing In Director 08-Nov-2012Current

Financial Performance of Coral Telecom.

Coral Telecom Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.67% increase. The company also saw a substantial improvement in profitability, with a 27.67% increase in profit. The company's net worth Soared by an impressive increase of 36.83%.

Coral Telecom revenue growth over time
Coral Telecom 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
12.67%
Revenue from Operations
6.84%
Total Assets
73.11%
Profit or Loss
27.67%
Net Worth
36.83%
EBITDA
28.35%

What is the Ownership and Shareholding Structure of Coral Telecom?

In 2023, Coral Telecom had a promoter holding of 64.80% and a public holding of 35.20%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.40 Cr

Satisfied Charges

₹110.33 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr
  • Yes Bank Limited : 7.40 Cr
  • Icici Bank Limited : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2024Others₹15.00 CrOpen
06 Aug 2022Yes Bank Limited₹7.40 CrOpen
30 Aug 2007Icici Bank Limited₹0.00Open
05 Sep 2022Yes Bank Limited₹5.00 CrSatisfied
30 Nov 2018State Bank Of India₹11.96 CrSatisfied

How Many Employees Work at Coral Telecom?

Coral Telecom has a workforce of 202 employees as of Apr 09, 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.

Employee growth trends for Coral Telecom Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coral Telecom, 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 Telecom'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 Telecom

Recent activity within the organization

  • Director Appointment

    Shreshth Tuli was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 3 months 27 days .

  • Annual General Meeting

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

  • Director Appointment

    Amit Sharma was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 8 months 7 days .

  • Director Appointment

    Updesh Verma was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 8 months 7 days .

  • Balance Sheet

    Coral Telecom Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100891985 was registered on 02 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Coral Telecom Limited?

    Coral Telecom Limited was incorporated on 09 Apr 1996.

  • What is authorized share capital and paid-up capital of Coral Telecom Limited?

    The authorized share capital of Coral Telecom Limited is ₹ 11.50 Cr and paid-up capital is ₹ 4.12 Cr.

  • Who are the current board members & directors of Coral Telecom Limited?

    Currently 8 directors are associated with Coral Telecom Limited.

    • Shreshth Tuli
    • Amit Sharma
    • Mukesh Nityakishor Upreti
    • Updesh Verma
    • Vinod Kumar Pabreja
    • Poonam Tuli
    • Naveen Khanna
    • Rajesh Tuli

  • What is the registered address of Coral Telecom Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Coral Telecom Limited is 404 2 Elecronic Complexchambaghat Distt India, Solan, Himachal Pradesh, 173213.

  • What is the corporate identification number (CIN) and company number of Coral Telecom Limited?

    The corporate identification number (CIN) of Coral Telecom Limited is U32104HP1996PLC017995 and the company number is 017995 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Coral Telecom Limited?

    The Official website of Coral Telecom Limited is https://www.coraltele.com

  • What has been the recent revenue trend for Coral Telecom Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Coral Telecom Limited has risen by 12.67%.

  • How many employees does Coral Telecom Limited currently have?

    As Per 2023 financial reports, 202 employees are currently employed by Coral Telecom Limited.

  • What change has been observed in the net worth of Coral Telecom Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Coral Telecom Limited has experienced an upsurge of 36.83%.

  • What are the total open charges for Coral Telecom Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Coral Telecom Limited amount to ₹ 22.40 Cr.

  • When was the last Balance Sheet of Coral Telecom Limited filed with the ROC?

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

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