Covai Edm Tools Private Limited

This company provides services and sales of tools, dies, jigs, and fixtures for various industries.

1993 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 07, 2025

Covai Edm Tools Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.73 M
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.43 M
  • Satisfied Charges ₹ 2.52 Cr
  • Revenue Growth 3.98%
  • Profit Growth -54.94%
  • Ebitda -19.60%
  • Net Worth 2.08%
  • Total Assets -7.10%

About Covai Edm Tools

Covai Edm Tools Private Limited (CETPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 September 1993 and has a history of 31 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 4.00 M and a paid-up capital of Rs 3.73 M.

The company currently has active open charges totaling ₹5.43 M. The company has closed loans amounting to ₹2.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shanmugam Ramasamy, Shanthini Shanmugam, and Shanmugam Prasanth serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02922TZ1993PTC004604

  • Company No.

    004604

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

Who are the key members and board of directors at Covai Edm Tools?

Board Members (3)

Name Designation Appointment Date Status
Shanmugam Ramasamy Country flag representing In Director 22-Sep-1993 Current
Shanthini Shanmugam Country flag representing In Director 02-Jul-2010 Current
Shanmugam Prasanth Country flag representing In Director 01-Nov-2019 Current

Financial Performance of Covai Edm Tools.

Covai Edm Tools Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.98% increase. The company also saw a substantial fall in profitability, with a 54.94% decrease in profit. The company's net worth moved up by a moderate rise of 2.08%.

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
3.98%
Revenue from Operations
3.47%
Total Assets
-7.10%
Profit or Loss
-54.94%
Net Worth
2.08%
EBITDA
-19.60%

What is the Ownership and Shareholding Structure of Covai Edm Tools?

In 2018, Covai Edm Tools 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

₹5.43 M

Satisfied Charges

₹25.15 M

Charges Breakdown by Lending Institutions

  • Sidbi : 0.41 Cr
  • The Tamil Nadu Small Industries Corportion Ltd. : 0.13 Cr

Latest Charge Details

Date Lender Amount Status
03 Aug 2022 Sidbi ₹4.10 M Open
29 Mar 2000 The Tamil Nadu Small Industries Corportion Ltd. ₹1.33 M Open
01 Oct 2014 Small Industries Development Bank Of India ₹3.05 M Satisfied
21 Jul 2011 Small Industries Development Bank Of India ₹9.60 M Satisfied
17 Dec 2007 Small Industries Development Bank Of India ₹2.25 M Satisfied

How Many Employees Work at Covai Edm Tools?

Unlock and access historical data on people associated with Covai Edm Tools, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covai Edm Tools, 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 Edm Tools'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 Covai Edm Tools

Recent activity within the organization

  • Annual General Meeting

    Covai Edm Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Covai Edm Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 01 Oct 2014 via Charge ID 10523356 with Small Industries Development Bank Of India was fully satisfied on 26 May 2023.

    26 May 2023

  • Charges

    A charge registered on 21 Jul 2011 via Charge ID 10297986 with Small Industries Development Bank Of India was fully satisfied on 26 May 2023.

    26 May 2023

  • Charges

    A charge registered on 17 Dec 2007 via Charge ID 10093022 with Small Industries Development Bank Of India was fully satisfied on 26 May 2023.

    26 May 2023

  • Charges

    A charge registered on 18 Aug 2006 via Charge ID 10012941 with Small Industries Development Bank Of India was fully satisfied on 26 May 2023.

    26 May 2023

Frequently asked questions

  • Covai Edm Tools Private Limited was incorporated on 22 Sep 1993.

  • The authorized share capital of Covai Edm Tools Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.73 M.

  • Currently 3 directors are associated with Covai Edm Tools Private Limited.

    • Shanmugam Ramasamy
    • Shanthini Shanmugam
    • Shanmugam Hari Prasanth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Covai Edm Tools Private Limited is 428/5 Eran Thottam Sathy Road Ganapathy, India, Coimbatore, Tamil Nadu, 641006.

  • The corporate identification number (CIN) of Covai Edm Tools Private Limited is U02922TZ1993PTC004604 and the company number is 004604 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Covai Edm Tools Private Limited has risen by 3.98%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Covai Edm Tools Private Limited has experienced an upsurge of 2.08%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Covai Edm Tools Private Limited amount to ₹ 5.43 M.

  • The most recent Balance Sheet for Covai Edm Tools Private Limited was filed with the ROC on 31 Mar 2024.

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