Cornerstone Constructions Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.94 Cr
- Company Age 32 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.51 Cr
- Satisfied Charges ₹ 5.05 Cr
- Revenue Growth 103.38%
- Profit Growth 413.32%
- Ebitda 67.62%
- Net Worth 0.30%
- Total Assets 55.49%
About Cornerstone Constructions
Cornerstone Constructions Limited (CCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 May 1992 and has a history of 32 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Cornerstone Constructions Private Limited. The Company is engaged in the Infrastructure And Utilities 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 4.00 Cr and a paid-up capital of Rs 2.94 Cr.
The company currently has active open charges totaling ₹14.51 Cr. The company has closed loans amounting to ₹5.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
George Anto, Jasmine George, Ankisha George, and One other member serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74210TN1992PLC022707
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Company No.
022707
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 May 1992
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Cornerstone Constructions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
George Anto
|
Managing Director | 12-May-1995 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Jasmine George
|
Director | 12-May-1995 | Current |
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Ankisha George
|
Director | 22-Oct-2013 | Current |
|
Asherin George
|
Director | 22-Oct-2013 | Current |
Financial Performance of Cornerstone Constructions.
Cornerstone Constructions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 103.38% increase. The company also saw a substantial improvement in profitability, with a 413.32% increase in profit. The company's net worth moved up by a moderate rise of 0.3%.
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What is the Ownership and Shareholding Structure of Cornerstone Constructions?
In 2023, Cornerstone Constructions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹14.51 Cr
₹5.05 Cr
Charges Breakdown by Lending Institutions
- Others : 14.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2022 | Others | ₹1.09 Cr | Open |
| 05 Sep 2022 | Others | ₹1.00 Cr | Open |
| 19 Mar 2022 | Others | ₹2.85 M | Open |
| 19 Mar 2022 | Others | ₹5.98 M | Open |
| 21 Feb 2020 | Others | ₹1.40 M | Open |
How Many Employees Work at Cornerstone Constructions?
Cornerstone Constructions has a workforce of 94 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Cornerstone Constructions, 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 Cornerstone Constructions'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.