Cottage Industries Exposition Limited

Sells luxury silk carpets and home decor globally.

1978 | Srinagar, Jammu & Kashmir (India) | Active
Last Updated: October 24, 2024

Cottage Industries Exposition Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 29.35 Cr
  • Company Age 46 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 211.03 Cr
  • Satisfied Charges ₹ 90.00 Cr
  • Revenue Growth 155.89%
  • Profit Growth 114.53%
  • Ebitda 48.77%
  • Net Worth 4.99%
  • Total Assets 9.48%

About Cottage Industries Exposition

Cottage Industries Exposition Limited (CIEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 July 1978 and has a history of 46 years and six months. Its registered office is in Srinagar, Jammu & Kashmir, India.

The Corporate was formerly known as Cottage Industries Exposition Private Limited. The Company is engaged in the Home & Lifestyle 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 40.00 Cr and a paid-up capital of Rs 29.35 Cr.

The company currently has active open charges totaling ₹211.03 Cr. The company has closed loans amounting to ₹90.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Cottage Industries Exposition Limited India is Gromesh Tyagi as CFO. Jamsheed Panday, Tabasum Mir, Rauf Qazi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Srinagar, Jammu & Kashmir, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17221JK1978PLC000431

  • Company No.

    000431

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1978

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jammu

Industry

Home & Lifestyle

What products or services does Cottage Industries Exposition Limited offer?

Cottage Industries Exposition Limited offers a wide range of products and services, including Carpets & Rugs, Room Carpet, Bed Linen & Bedspreads, Bed Sheets, Candle Stands & Candelabra, Decorative Candle Holder, Towels, Napkins & Handkerchieves, Napkins, Marble & Stone Artifacts, Marble Handicrafts.

Who are the key members and board of directors at Cottage Industries Exposition?

Executive Team (2)

Name Designation Appointment Date Status
Amir Mir Country flag representing In Managing Director 11-Aug-2011 Current
Gromesh Tyagi CFO 01-Sep-2014 Current

Board Members (4)

Name Designation Appointment Date Status
Ajay Sehgal Country flag representing In Director 29-Sep-2015 Current
Jamsheed Panday Country flag representing In Director 29-Sep-2015 Current
Tabasum Mir Country flag representing In Director 30-Sep-1995 Current
Rauf Qazi Country flag representing In Director 30-Sep-1997 Current

Financial Performance of Cottage Industries Exposition.

Cottage Industries Exposition Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 155.89% increase. The company also saw a substantial improvement in profitability, with a 114.53% increase in profit. The company's net worth moved up by a moderate rise of 4.99%.

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
155.89%
Revenue from Operations
622.99%
Total Assets
9.48%
Profit or Loss
114.53%
Net Worth
4.99%
EBITDA
48.77%

What is the Ownership and Shareholding Structure of Cottage Industries Exposition?

In 2023, Cottage Industries Exposition had a promoter holding of 83.25% and a public holding of 16.75%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹211.03 Cr

Satisfied Charges

₹90.00 Cr

Charges Breakdown by Lending Institutions

  • The Jammu & Kashmir Bank Ltd. : 136.74 Cr
  • The Jammu And Kashmir Bank Limited : 46.65 Cr
  • Yes Bank Limited : 27.44 Cr
  • Bank Of India : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
10 Jul 2024 Yes Bank Limited ₹27.44 Cr Open
30 Sep 2022 The Jammu And Kashmir Bank Limited ₹8.75 Cr Open
17 Sep 2022 The Jammu And Kashmir Bank Limited ₹19.63 Cr Open
20 Dec 2021 The Jammu And Kashmir Bank Limited ₹6.47 Cr Open
03 Oct 2015 The Jammu And Kashmir Bank Limited ₹11.80 Cr Open

How Many Employees Work at Cottage Industries Exposition?

Cottage Industries Exposition has a workforce of 79 employees as of Apr 08, 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 Cottage Industries Exposition, 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 Cottage Industries Exposition'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 Cottage Industries Exposition

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 27.44 Cr with Charge ID 100962821 was registered on 10 Jul 2024.

    10 Jul 2024

  • Charges

    A charge with The Jammu And Kashmir Bank Limited of Rs. 11.80 Cr registered on 03 Oct 2015 with Charge ID 100023210 was modified on 22 Mar 2024.

    22 Mar 2024

  • Annual General Meeting

    Cottage Industries Exposition Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Cottage Industries Exposition Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jammu.

    31 Mar 2023

  • Charges

    A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 8.75 Cr with Charge ID 100620473 was registered on 30 Sep 2022.

    30 Sep 2022

  • Charges

    A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 19.63 Cr with Charge ID 100612122 was registered on 17 Sep 2022.

    17 Sep 2022

Frequently asked questions

  • Cottage Industries Exposition Limited was incorporated on 27 Jul 1978.

  • The authorized share capital of Cottage Industries Exposition Limited is ₹ 40.00 Cr and paid-up capital is ₹ 29.35 Cr.

  • Currently 6 directors are associated with Cottage Industries Exposition Limited.

    • Jamsheed Minoo Panday
    • Tabasum Mir
    • Rauf Ahmed Qazi
    • Amir Mir
    • Ajay Sehgal
    • Gromesh Kumar Tyagi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cottage Industries Exposition Limited is Shalimar, Srinagar J K India, Jammu And Kashmir, Jammu & Kashmir, 190001.

  • The corporate identification number (CIN) of Cottage Industries Exposition Limited is U17221JK1978PLC000431 and the company number is 000431 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Cottage Industries Exposition Limited is https://www.cieworld.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cottage Industries Exposition Limited has risen by 155.89%.

  • As Per 2023 financial reports, 79 employees are currently employed by Cottage Industries Exposition Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cottage Industries Exposition Limited has experienced an upsurge of 4.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cottage Industries Exposition Limited amount to ₹ 211.03 Cr.

  • The most recent Balance Sheet for Cottage Industries Exposition Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Home Furnishings & Accessories Retail