Coromandel Infotech India Limited

Provides hardware and software consultancy services, asset management, employee collaboration, and more.

2000 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Coromandel Infotech India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 38.00 Cr
  • Revenue Growth -38.09%
  • Profit Growth 1699.33%
  • Ebitda -47.47%
  • Net Worth 598.21%
  • Total Assets 3.80%

About Coromandel Infotech India

Coromandel Infotech India Limited (CIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 June 2000 and has a history of 24 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as India Cements Infotech 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 5.00 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹38.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Adiseshan Saravanan, Tony Adam, and Kaverimudaliar Balasubramanian serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    c2il.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2000PLC045085

  • Company No.

    045085

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 2000

  • 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 Coromandel Infotech India Limited offer?

Coromandel Infotech India Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, HMI, Accounting & Billing Software, Billing Software, Material Handling Equipments, Material Handling Systems, Application Development Service, IT Strategy Consulting Services, Car & Vehicle GPS Devices.

Who are the key members and board of directors at Coromandel Infotech India?

Board Members (3)

NameDesignationAppointment DateStatus
Adiseshan Saravanan Country flag representing In Additional Director 04-Nov-2024Current
Tony Adam Country flag representing In Additional Director 04-Nov-2024Current
Kaverimudaliar Balasubramanian Country flag representing In Additional Director 04-Nov-2024Current

Financial Performance of Coromandel Infotech India.

Coromandel Infotech India Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 38.09% decrease. The company also saw a substantial improvement in profitability, with a 1699.33% increase in profit. The company's net worth Soared by an impressive increase of 598.21%.

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
-38.09%
Revenue from Operations
-46.02%
Total Assets
3.80%
Profit or Loss
1699.33%
Net Worth
598.21%
EBITDA
-47.47%

What is the Ownership and Shareholding Structure of Coromandel Infotech India?

In 2021, Coromandel Infotech India had a promoter holding of 40.00% and a public holding of 60.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹380.00 M

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 38.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2012Idbi Bank Limited₹10.00 CrSatisfied
28 Mar 2011Idbi Bank Limited₹20.00 CrSatisfied
06 Jul 2010Idbi Bank Limited₹4.00 CrSatisfied
28 May 2010Idbi Bank Limited₹4.00 CrSatisfied

How Many Employees Work at Coromandel Infotech India?

Coromandel Infotech India has a workforce of 26 employees as of Apr 02, 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 Coromandel Infotech 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 Coromandel Infotech 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 Coromandel Infotech India

Recent activity within the organization

  • Director Appointment

    Adiseshan Saravanan was appointed as a Additional Director was appointed as a Additional Director on 04 Nov 2024 & has been associated with this company since 3 months 18 days .

    04 Nov 2024

  • Director Appointment

    Tony Adam was appointed as a Additional Director was appointed as a Additional Director on 04 Nov 2024 & has been associated with this company since 3 months 18 days .

    04 Nov 2024

  • Director Appointment

    Kaverimudaliar Balasubramanian was appointed as a Additional Director was appointed as a Additional Director on 04 Nov 2024 & has been associated with this company since 3 months 18 days .

    04 Nov 2024

  • Annual General Meeting

    Coromandel Infotech India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Coromandel Infotech India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 22 Mar 2012 via Charge ID 10345980 with Idbi Bank Limited was fully satisfied on 14 Mar 2018.

    14 Mar 2018

Frequently asked questions

  • Coromandel Infotech India Limited was incorporated on 01 Jun 2000.

  • The authorized share capital of Coromandel Infotech India Limited is ₹ 5.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Coromandel Infotech India Limited.

    • Adiseshan Saravanan
    • Tony Adam
    • Kaverimudaliar Balasubramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coromandel Infotech India Limited is Dhunbuilding No.827, Annasalaichennai-. India, Chennai - 600 002., Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Coromandel Infotech India Limited is U72900TN2000PLC045085 and the company number is 045085 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Coromandel Infotech India Limited is https://www.c2il.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Coromandel Infotech India Limited has fallen by -38.09%.

  • As Per 2022 financial reports, 26 employees are currently employed by Coromandel Infotech India Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Coromandel Infotech India Limited has experienced an upsurge of 598.21%.

  • The most recent Balance Sheet for Coromandel Infotech India Limited was filed with the ROC on 31 Mar 2024.

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