Corrosion Technology Services India Private Limited

Provides cathodic protection engineering services and products for various industries.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: July 26, 2024

Corrosion Technology Services India Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.64 Cr
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.30 Cr
  • Revenue Growth 76.23%
  • Profit Growth 67.18%
  • Ebitda 82.90%
  • Net Worth 17.57%
  • Total Assets 47.80%

About Corrosion Technology Services India

Corrosion Technology Services India Private Limited (CTSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 December 1998 and has a history of 26 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Corrpro Corrosion Control India Private Limited. The Company is engaged in the Engineering 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 2.64 Cr.

The company currently has active open charges totaling ₹11.30 Cr.

Stephen Wroe, Ramanathan Puthvcode, and Kamlesh Gandhi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ctsonline.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1998PTC117701

  • Company No.

    117701

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Corrosion Technology Services India Private Limited offer?

Corrosion Technology Services India Private Limited offers a wide range of products and services, including Electric Fittings & Components, Anodes, Electrodes.

Who are the key members and board of directors at Corrosion Technology Services India?

Board Members (3)

Name Designation Appointment Date Status
Stephen Wroe Country flag representing Gb Director 29-Aug-2001 Current
Ramanathan Puthvcode Country flag representing In Director 21-Jun-2001 Current
Kamlesh Gandhi Country flag representing In Director 23-Sep-2021 Current

Financial Performance of Corrosion Technology Services India.

Corrosion Technology Services India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.23% increase. The company also saw a substantial improvement in profitability, with a 67.18% increase in profit. The company's net worth Soared by an impressive increase of 17.57%.

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
76.23%
Revenue from Operations
79.25%
Total Assets
47.80%
Profit or Loss
67.18%
Net Worth
17.57%
EBITDA
82.90%

What is the Ownership and Shareholding Structure of Corrosion Technology Services India?

In 2023, Corrosion Technology Services 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

₹11.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 11.30 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2019 The Hongkong And Shanghai Banking Corporation Limited ₹9.57 M Open
22 Apr 2015 The Hongkong And Shanghai Banking Corporation Limited ₹0.43 M Open
14 Jan 2009 The Hongkong And Shanghai Banking Corporation Limited ₹10.30 Cr Open

How Many Employees Work at Corrosion Technology Services India?

Corrosion Technology Services India has a workforce of 61 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Corrosion Technology Services 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 Corrosion Technology Services 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 Corrosion Technology Services India

Recent activity within the organization

  • Annual General Meeting

    Corrosion Technology Services India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Corrosion Technology Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 10.30 Cr registered on 14 Jan 2009 with Charge ID 10138005 was modified on 12 Nov 2022.

    12 Nov 2022

  • Director Appointment

    Kamlesh Gandhi was appointed as a Director was appointed as a Director on 23 Sep 2021 & has been associated with this company since 3 years 4 months .

    23 Sep 2021

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.96 Cr with Charge ID 100297200 was registered on 30 Sep 2019.

    30 Sep 2019

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.04 Cr with Charge ID 10566148 was registered on 22 Apr 2015.

    22 Apr 2015

Frequently asked questions

  • Corrosion Technology Services India Private Limited was incorporated on 31 Dec 1998.

  • The authorized share capital of Corrosion Technology Services India Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.64 Cr.

  • Currently 3 directors are associated with Corrosion Technology Services India Private Limited.

    • Stephen Paul Wroe
    • Ramanathan Vishwanathan Puthvcode
    • Kamlesh Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Corrosion Technology Services India Private Limited is 412 4Th Floor Swastik Disha Business Park Pcsl Lbs Marg Behind Wadhani Estate Ghatkop, Ar West, Mumbai, Maharashtra, India, 400086.

  • The corporate identification number (CIN) of Corrosion Technology Services India Private Limited is U74999MH1998PTC117701 and the company number is 117701 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Corrosion Technology Services India Private Limited is https://www.ctsonline.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Corrosion Technology Services India Private Limited has risen by 76.23%.

  • As Per 2023 financial reports, 61 employees are currently employed by Corrosion Technology Services India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Corrosion Technology Services India Private Limited has experienced an upsurge of 17.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Corrosion Technology Services India Private Limited amount to ₹ 11.30 Cr.

  • The most recent Balance Sheet for Corrosion Technology Services India Private Limited was filed with the ROC on 31 Mar 2023.

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