Coreel Technologies (India) Profile
Key Indicators
- Authorised Capital ₹ 13.50 Cr
- Paid Up Capital ₹ 9.04 Cr
- Company Age 26 Year, 23 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 73.25 Cr
- Satisfied Charges ₹ 51.48 Cr
- Revenue Growth 5.58%
- Profit Growth -52.77%
- Ebitda -33.72%
- Net Worth 161.41%
- Total Assets 75.75%
About Coreel Technologies (India)
Coreel Technologies (India) Private Limited (CTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 April 1999 and has a history of 26 years. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Cg-Coreel Programmable Solutions Private Limited. The Company is engaged in the Information Technology 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 13.50 Cr and a paid-up capital of Rs 9.04 Cr.
The company currently has active open charges totaling ₹73.25 Cr. The company has closed loans amounting to ₹51.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Coreel Technologies (India) Private Limited India is Champaka Ramesh as COMPANY SECRETARY. Umesh Agrawal, Venkateswara Mannava, Suryanarayanan Neelakantan, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA1999PTC033050
- Company No.
033050
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Apr 1999
- Date of AGM
20 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Aerospace, Maritime and Defense
What products or services does Coreel Technologies (India) Private Limited offer?
Coreel Technologies (India) Private Limited offers a wide range of products and services, including PCB Modules and Circuit Boards, PCB Assembly Line Components.
Coreel Technologies (India) Private Limited
Explore comprehensive data for Coreel Technologies (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Coreel Technologies (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Champaka Ramesh | Company Secretary | 14-Feb-2025 | Current |
Vishwanath Padur  | Managing Director | 16-Jul-2004 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkateswara Mannava | Director | 20-Oct-2022 | Current |
| Suryanarayanan Neelakantan | Director | 24-Jan-2024 | Current |
Chetan Sanghvi  | Director | 01-Jul-1999 | Current |
| Umesh Agrawal | Nominee Director | 10-May-2024 | Current |
| Kewal Nohria | Director | 29-Aug-2000 | Current |
Financial Performance of Coreel Technologies (India).
Coreel Technologies (India) Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 5.58% increase. The company also saw a substantial fall in profitability, with a 52.77% decrease in profit. The company's net worth Soared by an impressive increase of 161.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Coreel Technologies (India)?
In 2024, Coreel Technologies (India) had a promoter holding of 80.56% and a public holding of 19.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹73.25 Cr
Satisfied Charges
₹51.48 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 50.75 Cr
- Hdfc Bank Limited : 22.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2024 | Karnataka Bank Ltd. | ₹2.50 M | Open |
| 30 Sep 2021 | Hdfc Bank Limited | ₹22.50 Cr | Open |
| 18 Mar 2014 | Karnataka Bank Ltd. | ₹35.00 Cr | Open |
| 08 Jan 2014 | Karnataka Bank Ltd. | ₹7.50 Cr | Open |
| 25 Jan 2012 | Karnataka Bank Ltd. | ₹8.00 Cr | Open |
How Many Employees Work at Coreel Technologies (India)?
Coreel Technologies (India) has a workforce of 506 employees as of Mar 17, 2025. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Coreel Technologies (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 Coreel Technologies (India)'s trajectory.
Rating
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
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 Coreel Technologies (India)
Recent activity within the organization
- Director Appointment
Champaka Bettahalli Ramesh was appointed as a Company Secretary was appointed as a Company Secretary on 14 Feb 2025 & has been associated with this company since 2 months 28 days .
- Annual General Meeting
Coreel Technologies (India) Private Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
- Charges
A charge registered on 03 Feb 2011 via Charge ID 10265926 with Karnataka Bank Ltd. was fully satisfied on 27 Jun 2024.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.25 Cr with Charge ID 100937823 was registered on 30 May 2024.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 35.00 Cr registered on 18 Mar 2014 with Charge ID 10496449 was modified on 30 May 2024.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 7.50 Cr registered on 08 Jan 2014 with Charge ID 10475627 was modified on 30 May 2024.
Recent News, Updates & Announcement
- When Your Indian Distribution Deal is Exclusive (and Not Even You!).
When you finally get a distributor in India but it's exclusive and it's not even you #humblebrag #growth #partnership.
Frequently asked questions
What is the Incorporation or founding date of Coreel Technologies (India) Private Limited?
Coreel Technologies (India) Private Limited was incorporated on 20 Apr 1999.
What is authorized share capital and paid-up capital of Coreel Technologies (India) Private Limited?
The authorized share capital of Coreel Technologies (India) Private Limited is ₹ 13.50 Cr and paid-up capital is ₹ 9.04 Cr.
Who are the current board members & directors of Coreel Technologies (India) Private Limited?
Currently 7 directors are associated with Coreel Technologies (India) Private Limited.
- Champaka Bettahalli Ramesh
- Umesh Devendrakumar Agrawal
- Venkateswara Gowtama Mannava
- Suryanarayanan Neelakantan
- Chetan Vadilal Sanghvi
- Vishwanath Padur
- Kewal Krishan Nohria
What is the registered address of Coreel Technologies (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Coreel Technologies (India) Private Limited is 21 7Th Main, 1St Block Koramangala India, Bangalore, Karnataka, 560034.
What is the corporate identification number (CIN) and company number of Coreel Technologies (India) Private Limited?
The corporate identification number (CIN) of Coreel Technologies (India) Private Limited is U72200KA1999PTC033050 and the company number is 033050 as per Ministry of Corporate Affairs (MCA).
What is the official website of Coreel Technologies (India) Private Limited?
The Official website of Coreel Technologies (India) Private Limited is https://www.coreel.com
What has been the recent revenue trend for Coreel Technologies (India) Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Coreel Technologies (India) Private Limited has risen by 5.58%.
How many employees does Coreel Technologies (India) Private Limited currently have?
As Per 2024 financial reports, 506 employees are currently employed by Coreel Technologies (India) Private Limited.
What change has been observed in the net worth of Coreel Technologies (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Coreel Technologies (India) Private Limited has experienced an upsurge of 161.41%.
What are the total open charges for Coreel Technologies (India) Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Coreel Technologies (India) Private Limited amount to ₹ 73.25 Cr.
When was the last Balance Sheet of Coreel Technologies (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Coreel Technologies (India) Private Limited was filed with the ROC on 31 Mar 2024.
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