Covai Castingss India Profile
Key Indicators
- Authorised Capital ₹ 1.95 Cr
as on 04-01-2025
- Paid Up Capital ₹ 1.95 Cr
as on 04-01-2025
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.65 Cr
as on 04-01-2025
- Satisfied Charges ₹ 2.28 Cr
as on 04-01-2025
- Revenue -12.35%
(FY 2021)
- Profit -53.54%
(FY 2021)
- Ebitda -35.18%
(FY 2021)
- Net Worth 27.35%
(FY 2021)
- Total Assets -5.13%
(FY 2021)
About Covai Castingss India
The Company is engaged in the Manufacturing 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 1.95 Cr and a paid-up capital of Rs 1.95 Cr.
The company currently has active open charges totaling ₹7.65 Cr. The company has closed loans amounting to ₹2.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sengodan Venkateswaran, Pichandampalayam Balasubramanian, Ponnappagounder Govindasamy, and Four other members serve as directors at the Company.
- CIN/LLPIN
U27310TZ2011PTC017265
- Company No.
017265
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jul 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Covai Castingss India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pichandampalayam Balasubramanian  | Managing Director | 19-Jul-2011 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sengodan Venkateswaran | Director | 19-Jul-2011 | Current |
| Ponnappagounder Govindasamy | Director | 19-Jul-2011 | Current |
| Saran | Whole-Time Director | 16-May-2013 | Current |
| Muthusamy Kasthuri | Director | 12-Jan-2019 | Current |
| Puthupalayam Shallini | Director | 26-Feb-2021 | Current |
| Avivek | Director | 26-Feb-2021 | Current |
Financial Performance of Covai Castingss India.
Covai Castingss India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 12.35% decrease. The company also saw a substantial fall in profitability, with a 53.54% decrease in profit. The company's net worth Soared by an impressive increase of 27.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Covai Castingss India?
In 2021, Covai Castingss 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.
Related Corporates (Common Directorship)
Dharanii Cotton Mills Private LimitedActive 21 years 4 monthsSengodan Venkateswaran is a mutual person
Charges (Loans)
₹7.65 Cr
₹2.28 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 7.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2014 | Axis Bank Limited | ₹7.65 Cr | Open |
| 29 Jul 2013 | The Tamilnadu Industrial Investment Corporation Limited | ₹2.28 Cr | Satisfied |
How Many Employees Work at Covai Castingss India?
Covai Castingss India has a workforce of 18 employees as of Mar 24, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Covai Castingss 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 Covai Castingss India's trajectory.
Rating
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
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.
