Cornet Technology(India) Private Limited

Embedded systems and video solutions for communication and surveillance technology.

2001 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Cornet Technology(India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.34 Cr
  • Satisfied Charges ₹ 7.40 Cr
  • Revenue Growth 124003.56%
  • Profit Growth 171667.96%
  • Ebitda -67591.72%
  • Net Worth 101646.33%
  • Total Assets 132555.39%

About Cornet Technology(India)

Cornet Technology(India) Private Limited (CTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 March 2001 and has a history of 23 years and 11 months. Its registered office is in Kanchipuram, Tamil Nadu, India.

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 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹14.34 Cr. The company has closed loans amounting to ₹7.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatakrishnan Ramgopal, Venkata Narahari, Venkatakrishnan Lakshminarayanan, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cornetindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U30009TN2001PTC046772

  • Company No.

    046772

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Cornet Technology(India) Private Limited offer?

Cornet Technology(India) Private Limited offers a wide range of products and services, including Computer Hardware & Peripherals, RAM, Laptops, PC, Mainframes & Computers, Computer Systems, Router, Cables & Networking Devices, Network Switch, Military Clothing & Tactical Gears, Police Uniforms, VFD, PLC, HMI & Control Equipments, Lighting Controllers.

Who are the key members and board of directors at Cornet Technology(India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatakrishnan Ramgopal Country flag representing In Managing Director19-Mar-2001Current

Board Members (3)

NameDesignationAppointment DateStatus
Venkata Narahari Country flag representing In Whole-Time Director 19-Mar-2001Current
Venkatakrishnan Lakshminarayanan Country flag representing Us Director 27-Jan-2011Current
Chandra Kumar Country flag representing Us Director 03-Mar-2022Current

Financial Performance of Cornet Technology(India).

Cornet Technology(India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 124003.56% increase. The company also saw a substantial improvement in profitability, with a 171667.96% increase in profit. The company's net worth Soared by an impressive increase of 101646.33%.

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
124003.56%
Revenue from Operations
125351.77%
Total Assets
132555.39%
Profit or Loss
171667.96%
Net Worth
101646.33%
EBITDA
-67591.72%

What is the Ownership and Shareholding Structure of Cornet Technology(India)?

In 2023, Cornet Technology(India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹143.36 M

Satisfied Charges

₹74.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.17 Cr
  • Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2023Axis Bank Limited₹1.75 CrOpen
13 Jun 2022Hdfc Bank Limited₹1.66 MOpen
31 Dec 2012Axis Bank Limited₹12.42 CrOpen
30 Mar 2012Bank Of India₹1.00 CrSatisfied
24 Feb 2010Bank Of India₹1.00 CrSatisfied

How Many Employees Work at Cornet Technology(India)?

Cornet Technology(India) has a workforce of 29 employees as of Apr 06, 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 Cornet Technology(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 Cornet Technology(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 Cornet Technology(India)

Recent activity within the organization

  • Annual General Meeting

    Cornet Technology(India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Cornet Technology(India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 17.50 M with Charge ID 100862374 was registered on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 124.20 M registered on 31 Dec 2012 with Charge ID 10398932 was modified on 21 Jun 2023.

    21 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.66 M with Charge ID 100586154 was registered on 13 Jun 2022.

    13 Jun 2022

  • Director Appointment

    Chandra Kumar was appointed as a Director was appointed as a Director on 03 Mar 2022 & has been associated with this company since 2 years 11 months .

    03 Mar 2022

Frequently asked questions

  • Cornet Technology(India) Private Limited was incorporated on 09 Mar 2001.

  • The authorized share capital of Cornet Technology(India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Cornet Technology(India) Private Limited.

    • Venkatakrishnan Ramgopal
    • Venkata Krishnan Narahari
    • Venkatakrishnan Lakshminarayanan
    • Chandra Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cornet Technology(India) Private Limited is New Plot No.10/A-16 5Th Cross Street Sipcot It Park Siruseri, India, Padur Post, Tamil Nadu, 603103.

  • The corporate identification number (CIN) of Cornet Technology(India) Private Limited is U30009TN2001PTC046772 and the company number is 046772 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Cornet Technology(India) Private Limited is https://www.cornetindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cornet Technology(India) Private Limited has risen by 124003.56%.

  • As Per 2023 financial reports, 29 employees are currently employed by Cornet Technology(India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cornet Technology(India) Private Limited has experienced an upsurge of 101646.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cornet Technology(India) Private Limited amount to ₹ 14.34 Cr.

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

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