Corey Organics Private Limited

Manufacturer of pharmaceutical ingredients, intermediates, and other products for global export.

1996 | Hyderabad, Telangana (India) | Active
Last Updated: November 17, 2024

Corey Organics Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.54 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.39 Cr
  • Satisfied Charges ₹ 15.10 Cr
  • Revenue Growth -5.16%
  • Profit Growth -26.19%
  • Ebitda -14.56%
  • Net Worth 9.75%
  • Total Assets 3.17%

About Corey Organics

Corey Organics Private Limited (COPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 1996 and has a history of 28 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Corey Organics Limited. The Company is engaged in the Pharma 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 15.00 Cr and a paid-up capital of Rs 7.54 Cr.

The company currently has active open charges totaling ₹23.39 Cr. The company has closed loans amounting to ₹15.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devereddy Reddy, Devireddy Deepna, and Dileep Bakireddy serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23231TG1996PTC023399

  • Company No.

    023399

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

What products or services does Corey Organics Private Limited offer?

Corey Organics Private Limited offers a wide range of products and services, including Freezers, Refrigerators & Chillers, Ice Machine and Plants, Pharma Ingredients & Raw Materials, Pyridine Derivatives, Vitamin Powder API, Nicotinic Acid Powder, Anti Infective API, Cardiovascular Drugs & Medication, Blood Pressure Medicine, API (Active Pharmaceutical Ingredients).

Who are the key members and board of directors at Corey Organics?

Executive Team (1)

Name Designation Appointment Date Status
Dileep Bakireddy Country flag representing In Managing Director 12-Apr-2021 Current

Board Members (2)

Name Designation Appointment Date Status
Devereddy Reddy Country flag representing In Director 30-Sep-2005 Current
Devireddy Deepna Country flag representing In Director 10-Feb-2011 Current

Financial Performance of Corey Organics.

Corey Organics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.16% decrease. The company also saw a substantial fall in profitability, with a 26.19% decrease in profit. The company's net worth moved up by a moderate rise of 9.75%.

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
-5.16%
Revenue from Operations
-5.38%
Total Assets
3.17%
Profit or Loss
-26.19%
Net Worth
9.75%
EBITDA
-14.56%

What is the Ownership and Shareholding Structure of Corey Organics?

In 2023, Corey Organics had a promoter holding of 69.65% and a public holding of 30.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.39 Cr

Satisfied Charges

₹15.10 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 23.39 Cr

Latest Charge Details

Date Lender Amount Status
22 Aug 1996 State Bank Of India ₹23.39 Cr Open
17 Apr 2020 State Bank Of India ₹1.60 Cr Satisfied
24 Nov 2014 State Bank Of India ₹12.36 Cr Satisfied
07 Sep 2010 Andhra Pradesh State Financial Corporation ₹1.00 Cr Satisfied
18 Sep 2001 State Bank Of Hyderabad ₹1.35 M Satisfied

How Many Employees Work at Corey Organics?

Corey Organics has a workforce of 71 employees as of Apr 04, 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 Corey Organics, 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 Corey Organics'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 Corey Organics

Recent activity within the organization

  • Annual General Meeting

    Corey Organics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Corey Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 23.39 Cr registered on 22 Aug 1996 with Charge ID 90133934 was modified on 06 Jan 2024.

    06 Jan 2024

  • Charges

    A charge registered on 17 Apr 2020 via Charge ID 100354465 with State Bank Of India was fully satisfied on 26 Apr 2021.

    26 Apr 2021

  • Charges

    A charge registered on 24 Nov 2014 via Charge ID 10550494 with State Bank Of India was fully satisfied on 26 Apr 2021.

    26 Apr 2021

  • Director Appointment

    Dileep Kumar Reddy Bakireddy was appointed as a Managing Director was appointed as a Managing Director on 12 Apr 2021 & has been associated with this company since 3 years 9 months .

    12 Apr 2021

Frequently asked questions

  • Corey Organics Private Limited was incorporated on 01 Mar 1996.

  • The authorized share capital of Corey Organics Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.54 Cr.

  • Currently 3 directors are associated with Corey Organics Private Limited.

    • Devereddy Vidna Reddy
    • Devireddy Deepna
    • Dileep Kumar Reddy Bakireddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Corey Organics Private Limited is 100/2Rt Sanjeeva Reddy Nagar India, Hyderabad, Telangana, 500038.

  • The corporate identification number (CIN) of Corey Organics Private Limited is U23231TG1996PTC023399 and the company number is 023399 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Corey Organics Private Limited is https://www.coreyorganics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Corey Organics Private Limited has fallen by -5.16%.

  • As Per 2023 financial reports, 71 employees are currently employed by Corey Organics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Corey Organics Private Limited has experienced an upsurge of 9.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Corey Organics Private Limited amount to ₹ 23.39 Cr.

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

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