Corefares Consulting Private Limited

Provides global airfares for business, leisure, and group travel through online platform.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Corefares Consulting Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 M
  • Revenue Growth -30.99%
  • Profit Growth -16.45%
  • Ebitda 20.91%
  • Net Worth 109.59%
  • Total Assets 86.93%

About Corefares Consulting

Corefares Consulting Private Limited (CCPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 February 2020 (Four years and 11 months 29 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Transport And Logistics 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.20 M.

Ajay Fernandes, Syed Khilji, and John Verghese serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    corefares.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93090KA2020PTC133051

  • Company No.

    133051

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics
Internet

Who are the key members and board of directors at Corefares Consulting?

Executive Team (1)

NameDesignationAppointment DateStatus
Ajay Fernandes Country flag representing In Managing Director26-Feb-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Syed Khilji Country flag representing In Whole-Time Director 26-Feb-2020Current
John Verghese Country flag representing In Whole-Time Director 26-Feb-2020Current

Financial Performance of Corefares Consulting.

Corefares Consulting Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.99% decrease. The company also saw a substantial fall in profitability, with a 16.45% decrease in profit. The company's net worth Soared by an impressive increase of 109.59%.

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
-30.99%
Revenue from Operations
-31.05%
Total Assets
86.93%
Profit or Loss
-16.45%
Net Worth
109.59%
EBITDA
20.91%

What is the Ownership and Shareholding Structure of Corefares Consulting?

Unlock access to Corefares Consulting's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2024Hdfc Bank Limited₹2.20 MOpen

How Many Employees Work at Corefares Consulting?

Corefares Consulting has a workforce of 38 employees as of Apr 07, 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 Corefares Consulting, 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 Corefares Consulting'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 Corefares Consulting

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.20 M with Charge ID 100885075 was registered on 28 Feb 2024.

    28 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Corefares Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Ajay Jude Fernandes was appointed as a Managing Director was appointed as a Managing Director on 26 Feb 2020 & has been associated with this company since 4 years 11 months .

    26 Feb 2020

  • Director Appointment

    Syed Saleemuddin Khilji was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Feb 2020 & has been associated with this company since 4 years 11 months .

    26 Feb 2020

  • Director Appointment

    John Cheravelil Verghese was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Feb 2020 & has been associated with this company since 4 years 11 months .

    26 Feb 2020

Frequently asked questions

  • Corefares Consulting Private Limited was incorporated on 26 Feb 2020.

  • The authorized share capital of Corefares Consulting Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Corefares Consulting Private Limited.

    • Ajay Jude Fernandes
    • Syed Saleemuddin Khilji
    • John Cheravelil Verghese
  • As per Ministry of Corporate Affairs (Mca), the registered address of Corefares Consulting Private Limited is E303 3Rd Floor Sunrise Chambers 22, Ulsoor Road India, Bangalore, Karnataka, 560042.

  • The corporate identification number (CIN) of Corefares Consulting Private Limited is U93090KA2020PTC133051 and the company number is 133051 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Corefares Consulting Private Limited is https://www.corefares.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Corefares Consulting Private Limited has fallen by -30.99%.

  • As Per 2023 financial reports, 38 employees are currently employed by Corefares Consulting Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Corefares Consulting Private Limited has experienced an upsurge of 109.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Corefares Consulting Private Limited amount to ₹ 2.20 M.

  • The most recent Balance Sheet for Corefares Consulting Private Limited was filed with the ROC on 31 Mar 2023.