Corrtech International Limited

Provides cathodic protection solutions, horizontal directional drilling, and pipeline laying services.

1982 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Corrtech International Profile

Key Indicators

  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 47.09 Cr
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 627.96 Cr
  • Satisfied Charges ₹ 1,336.61 Cr

About Corrtech International

Corrtech International Limited (CIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 June 1982 and has a history of 42 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 65.00 Cr and a paid-up capital of Rs 47.09 Cr.

The company currently has active open charges totaling ₹627.96 Cr. The company has closed loans amounting to ₹1,336.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Corrtech International Limited India are Gunvant Singhi as COMPANY SECRETARY and Himanshu Bavishi as Cfo. Sandeep Mittal, Amit Mittal, Pradyuman Tiwari, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29130GJ1982PLC038664

  • Company No.

    038664

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

What products or services does Corrtech International Limited offer?

Corrtech International Limited offers a wide range of products and services, including Drilling & Boring Equipment, Industrial Drilling Machine, Fire Safety Service, Fire Fighting Service, Drilling, Boring & Mining Services, Drilling Job Work, Pipeline Work Services, Pipeline Construction.

Company report

Corrtech International Limited

Explore comprehensive data for Corrtech International Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Corrtech International?

Executive Team (4)

NameDesignationAppointment DateStatus
Amit Mittal Country flag representing In Managing Director20-Mar-1997Current
Anant Mittal Country flag representing In Managing Director18-Jan-2025Current
Gunvant Singhi Company Secretary08-Apr-2025Current
Himanshu Bavishi CFO29-Jan-2025Current

Board Members (6)

NameDesignationAppointment DateStatus
Vimal Patel Country flag representing In Director 05-Mar-2022Current
Sanjay Verma Country flag representing In Director 05-Mar-2022Current
Sandeep Mittal Country flag representing In Whole-Time Director 18-Aug-1997Current
Ramesh Gupta Country flag representing In Director 05-Mar-2022Current
Pradyuman Tiwari Country flag representing In Whole-Time Director 06-Jan-2018Current
Shaily Dedhia Country flag representing In Director 05-Mar-2022Current

Financial Performance of Corrtech International.

Corrtech International Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Corrtech International revenue growth over time
Corrtech International 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Corrtech International?

In 2024, Corrtech International had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹627.96 Cr

Satisfied Charges

₹1,336.61 Cr

Charges Breakdown by Lending Institutions

  • Others : 611.41 Cr
  • Tata Capital Financial Services Limited : 14.79 Cr
  • Axis Bank Limited : 1.76 Cr

Latest Charge Details

DateLenderAmountStatus
17 Sep 2024Others₹65.00 CrOpen
31 Aug 2024Others₹5.50 CrOpen
31 Jul 2024Others₹3.74 CrOpen
13 Jun 2024Others₹8.47 CrOpen
29 Mar 2024Others₹7.05 MOpen

How Many Employees Work at Corrtech International?

Corrtech International has a workforce of 742 employees as of Aug 03, 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.

Employee growth trends for Corrtech International Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Corrtech International, 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 Corrtech International'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 Corrtech International

Recent activity within the organization

  • Director Appointment

    Gunvant Shantilal Singhi was appointed as a Company Secretary was appointed as a Company Secretary on 08 Apr 2025 & has been associated with this company since 1 month 17 days .

  • Charges

    A charge registered on 13 Jan 2022 via Charge ID 100531042 with Others was fully satisfied on 20 Feb 2025.

  • Charges

    A charge registered on 24 Mar 2021 via Charge ID 100435277 with Axis Bank Limited was fully satisfied on 18 Feb 2025.

  • Charges

    A charge with Others of Rs. 65.00 Cr registered on 17 Sep 2024 with Charge ID 100980798 was modified on 05 Feb 2025.

  • Director Appointment

    Himanshu Navinchandra Bavishi was appointed as a Cfo was appointed as a Cfo on 29 Jan 2025 & has been associated with this company since 3 months 27 days .

  • Director Appointment

    Anant Amit Mittal was appointed as a Managing Director was appointed as a Managing Director on 18 Jan 2025 & has been associated with this company since 4 months 8 days .

Frequently asked questions

  • What is the Incorporation or founding date of Corrtech International Limited?

    Corrtech International Limited was incorporated on 08 Jun 1982.

  • What is authorized share capital and paid-up capital of Corrtech International Limited?

    The authorized share capital of Corrtech International Limited is ₹ 65.00 Cr and paid-up capital is ₹ 47.09 Cr.

  • Who are the current board members & directors of Corrtech International Limited?

    Currently 10 directors are associated with Corrtech International Limited.

    • Sandeep Indrasen Mittal
    • Amit Indrasen Mittal
    • Pradyuman R Tiwari
    • Ramesh Chandra Gupta
    • Shaily Jatin Dedhia
    • Anant Amit Mittal
    • Sanjay Verma
    • Vimal Maganbhai Patel
    • Gunvant Shantilal Singhi
    • Himanshu Navinchandra Bavishi

  • What is the registered address of Corrtech International Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Corrtech International Limited is 51 Maha Ind Estate Opp Nova Petrochemicals Sarkhej-Bavla Highway Village Moraiya, India, Changodor, Gujarat, 382213.

  • What is the corporate identification number (CIN) and company number of Corrtech International Limited?

    The corporate identification number (CIN) of Corrtech International Limited is U29130GJ1982PLC038664 and the company number is 038664 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Corrtech International Limited?

    The Official website of Corrtech International Limited is https://www.corrtech.in

  • How many employees does Corrtech International Limited currently have?

    As Per 2024 financial reports, 742 employees are currently employed by Corrtech International Limited.

  • What are the total open charges for Corrtech International Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Corrtech International Limited amount to ₹ 627.96 Cr.

  • When was the last Balance Sheet of Corrtech International Limited filed with the ROC?

    The most recent Balance Sheet for Corrtech International Limited was filed with the ROC on 31 Mar 2024.

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