Coreel Technologies (India) Private Limited

Develops electronic products for defense and aerospace, offers consulting and software services.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated: January 03, 2025

Coreel Technologies (India) Profile

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 9.04 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 73.25 Cr
  • Satisfied Charges ₹ 51.48 Cr
  • Revenue Growth 57.35%
  • Profit Growth 1080.48%
  • Ebitda 515.48%
  • Net Worth 26.11%
  • Total Assets 39.99%

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 25 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Satnam Trading 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.

Kewal Nohria, Vishwanath Padur, Chetan Sanghvi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    coreel.com

  • 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.

Who are the key members and board of directors at Coreel Technologies (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Vishwanath Padur Country flag representing In Managing Director16-Jul-2004Current

Board Members (5)

NameDesignationAppointment DateStatus
Venkateswara Mannava Country flag representing In Director 20-Oct-2022Current
Suryanarayanan Neelakantan Country flag representing In Director 24-Jan-2024Current
Chetan Sanghvi Country flag representing Us Director 01-Jul-1999Current
Kewal Nohria Country flag representing In Director 29-Aug-2000Current
Umesh Agrawal Country flag representing In Nominee Director 10-May-2024Current

Financial Performance of Coreel Technologies (India).

Coreel Technologies (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.35% increase. The company also saw a substantial improvement in profitability, with a 1080.48% increase in profit. The company's net worth Soared by an impressive increase of 26.11%.

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
57.35%
Revenue from Operations
64.92%
Total Assets
39.99%
Profit or Loss
1080.48%
Net Worth
26.11%
EBITDA
515.48%

What is the Ownership and Shareholding Structure of Coreel Technologies (India)?

In 2022, Coreel Technologies (India) had a promoter holding of 87.87% and a public holding of 12.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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

DateLenderAmountStatus
30 May 2024Karnataka Bank Ltd.₹2.50 MOpen
30 Sep 2021Hdfc Bank Limited₹22.50 CrOpen
18 Mar 2014Karnataka Bank Ltd.₹35.00 CrOpen
08 Jan 2014Karnataka Bank Ltd.₹7.50 CrOpen
25 Jan 2012Karnataka Bank Ltd.₹8.00 CrOpen

How Many Employees Work at Coreel Technologies (India)?

Coreel Technologies (India) has a workforce of 428 employees as of Apr 01, 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 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

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 Coreel Technologies (India)

Recent activity within the organization

  • 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.

    20 Aug 2024

  • Charges

    A charge registered on 03 Feb 2011 via Charge ID 10265926 with Karnataka Bank Ltd. was fully satisfied on 27 Jun 2024.

    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.

    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.

    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.

    30 May 2024

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 8.00 Cr registered on 25 Jan 2012 with Charge ID 10335682 was modified on 30 May 2024.

    30 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Coreel Technologies (India) Private Limited was incorporated on 20 Apr 1999.

  • The authorized share capital of Coreel Technologies (India) Private Limited is ₹ 13.50 Cr and paid-up capital is ₹ 9.04 Cr.

  • Currently 6 directors are associated with Coreel Technologies (India) Private Limited.

    • Kewal Krishan Nohria
    • Vishwanath Padur
    • Chetan Vadilal Sanghvi
    • Suryanarayanan Neelakantan
    • Venkateswara Gowtama Mannava
    • Umesh Devendrakumar Agrawal
  • 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.

  • 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).

  • The Official website of Coreel Technologies (India) Private Limited is https://www.coreel.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Coreel Technologies (India) Private Limited has risen by 57.35%.

  • As Per 2022 financial reports, 428 employees are currently employed by Coreel Technologies (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Coreel Technologies (India) Private Limited has experienced an upsurge of 26.11%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Coreel Technologies (India) Private Limited amount to ₹ 73.25 Cr.

  • The most recent Balance Sheet for Coreel Technologies (India) Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Defence Tech & Equipment