Covai Property Centre India Private Limited

Real estate development and consultancy for retirement homes, with a focus on senior care services.

2001 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Covai Property Centre India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 23 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 23.53 Cr
  • Revenue Growth -38.86%
  • Profit Growth -70.29%
  • Ebitda -154.96%
  • Net Worth -18.28%
  • Total Assets -1.87%

About Covai Property Centre India

Covai Property Centre India Private Limited (CPCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 October 2001 and has a history of 23 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Real Estate And Construction 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹23.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Achal Sridharan and Chitra Sridharan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101TZ2001PTC009928

  • Company No.

    009928

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Real Estate and Construction

Who are the key members and board of directors at Covai Property Centre India?

Executive Team (1)

Name Designation Appointment Date Status
Achal Sridharan Country flag representing In Managing Director 01-Apr-2006 Current

Board Members (1)

Name Designation Appointment Date Status
Chitra Sridharan Country flag representing In Director 17-Oct-2001 Current

Financial Performance of Covai Property Centre India.

Covai Property Centre India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.86% decrease. The company also saw a substantial fall in profitability, with a 70.29% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.28%.

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
-38.86%
Revenue from Operations
-38.94%
Total Assets
-1.87%
Profit or Loss
-70.29%
Net Worth
-18.28%
EBITDA
-154.96%

What is the Ownership and Shareholding Structure of Covai Property Centre India?

In 2023, Covai Property Centre 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

₹0

Satisfied Charges

₹235.25 M

Charges Breakdown by Lending Institutions

  • Easyaccess Financial Services Limited : 15.00 Cr
  • Housing Development Finance Corporation Limited : 3.00 Cr
  • United Bank Of India : 3.00 Cr
  • Bank Of India : 2.40 Cr
  • Sundaram Finance Limited : 0.10 Cr
  • Others : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
23 Nov 2011 Easyaccess Financial Services Limited ₹15.00 Cr Satisfied
04 Nov 2009 United Bank Of India ₹3.00 Cr Satisfied
20 Mar 2009 Bank Of India ₹2.40 Cr Satisfied
21 Jun 2007 Housing Development Finance Corporation Limited ₹3.00 Cr Satisfied
13 Jun 2006 Sundaram Finance Limited ₹0.27 M Satisfied

How Many Employees Work at Covai Property Centre India?

Covai Property Centre India has a workforce of 21 employees as of Apr 04, 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 Covai Property Centre 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 Property Centre 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 Covai Property Centre India

Recent activity within the organization

  • Annual General Meeting

    Covai Property Centre 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

    Covai Property Centre India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 23 Nov 2011 via Charge ID 10326005 with Easyaccess Financial Services Limited was fully satisfied on 26 Oct 2015.

    26 Oct 2015

  • Charges

    A charge registered on 13 Jun 2006 via Charge ID 10007784 with Sundaram Finance Limited was fully satisfied on 21 Apr 2015.

    21 Apr 2015

  • Charges

    A charge registered on 25 Mar 2006 via Charge ID 10131406 with Sundram Finance Limited was fully satisfied on 21 Apr 2015.

    21 Apr 2015

  • Charges

    A charge registered on 21 Sep 2005 via Charge ID 90002003 with Sundaram Finance Limited was fully satisfied on 21 Apr 2015.

    21 Apr 2015

Frequently asked questions

  • Covai Property Centre India Private Limited was incorporated on 17 Oct 2001.

  • The authorized share capital of Covai Property Centre India Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Covai Property Centre India Private Limited.

    • Achal Sridharan
    • Chitra Sridharan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Covai Property Centre India Private Limited is 13/4 Covaicare Tower 3Rd Floor Gem Nirmaalyam V.G. Rao Nagar, Ganapathy India, Coimbatore, Tamil Nadu, 641006.

  • The corporate identification number (CIN) of Covai Property Centre India Private Limited is U70101TZ2001PTC009928 and the company number is 009928 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Covai Property Centre India Private Limited is https://www.covaicare.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Covai Property Centre India Private Limited has fallen by -38.86%.

  • As Per 2023 financial reports, 21 employees are currently employed by Covai Property Centre India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Covai Property Centre India Private Limited has experienced an downturn of -18.28%.

  • The most recent Balance Sheet for Covai Property Centre India Private Limited was filed with the ROC on 31 Mar 2023.

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