Covai Raja Metals (India) Private Limited

Manufactures MS ingots and trades ferrous/non-ferrous scraps in Tamil Nadu.

2010 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Covai Raja Metals (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 32.00 Cr
  • Revenue Growth -94.99%
  • Profit Growth -2422.59%
  • Ebitda -2399.68%
  • Net Worth -5.41%
  • Total Assets -1.54%

About Covai Raja Metals (India)

Covai Raja Metals (India) Private Limited (CRMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 May 2010 and has a history of 14 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹32.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kathiravan and Vasanthi Raja 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

    U51430TZ2010PTC016081

  • Company No.

    016081

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Metals and Minerals
Company report

Covai Raja Metals (India) Private Limited

Explore comprehensive data for Covai Raja Metals (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Covai Raja Metals (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Kathiravan Country flag representing In Director 26-May-2010Current
Vasanthi Raja Country flag representing In Director 20-Aug-2016Current

Financial Performance of Covai Raja Metals (India).

Covai Raja Metals (India) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 94.99% decrease. The company also saw a substantial fall in profitability, with a 2422.59% decrease in profit. The company's net worth dipped by a decrease of 5.41%.

Covai Raja Metals (India) revenue growth over time
Covai Raja Metals (India) 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
-94.99%
Revenue from Operations
-95.00%
Total Assets
-1.54%
Profit or Loss
-2422.59%
Net Worth
-5.41%
EBITDA
-2399.68%

What is the Ownership and Shareholding Structure of Covai Raja Metals (India)?

In 2019, Covai Raja Metals (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

₹320.00 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 15.00 Cr
  • City Union Bank : 12.00 Cr
  • Asset Reconstruction Company (India) Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2013Asset Reconstruction Company (India) Limited₹5.00 CrSatisfied
09 Jan 2013City Union Bank Limited₹5.00 CrSatisfied
16 Apr 2012City Union Bank Limited₹5.00 CrSatisfied
08 Sep 2011City Union Bank₹12.00 CrSatisfied
11 Mar 2011City Union Bank Limited₹5.00 CrSatisfied

How Many Employees Work at Covai Raja Metals (India)?

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

Employee growth trends for Covai Raja Metals (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covai Raja Metals (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 Raja Metals (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 Raja Metals (India)

Recent activity within the organization

  • Annual General Meeting

    Covai Raja Metals (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Covai Raja Metals (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge registered on 09 Jan 2013 via Charge ID 10408150 with City Union Bank Limited was fully satisfied on 19 Jul 2021.

  • Charges

    A charge registered on 16 Apr 2012 via Charge ID 10354795 with City Union Bank Limited was fully satisfied on 19 Jul 2021.

  • Charges

    A charge registered on 08 Sep 2011 via Charge ID 10312998 with City Union Bank was fully satisfied on 19 Jul 2021.

  • Charges

    A charge registered on 28 Sep 2013 via Charge ID 10459150 with Asset Reconstruction Company (India) Limited was fully satisfied on 14 Dec 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Covai Raja Metals (India) Private Limited?

    Covai Raja Metals (India) Private Limited was incorporated on 26 May 2010.

  • What is authorized share capital and paid-up capital of Covai Raja Metals (India) Private Limited?

    The authorized share capital of Covai Raja Metals (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Covai Raja Metals (India) Private Limited?

    Currently 2 directors are associated with Covai Raja Metals (India) Private Limited.

    • Kathiravan
    • Vasanthi Raja
  • What is the registered address of Covai Raja Metals (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Covai Raja Metals (India) Private Limited is 17/100, Avarampalayam Road Ganapathy India, Coimbatore, Tamil Nadu, 641006.

  • What is the corporate identification number (CIN) and company number of Covai Raja Metals (India) Private Limited?

    The corporate identification number (CIN) of Covai Raja Metals (India) Private Limited is U51430TZ2010PTC016081 and the company number is 016081 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Covai Raja Metals (India) Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Covai Raja Metals (India) Private Limited has fallen by -94.99%.

  • What change has been observed in the net worth of Covai Raja Metals (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Covai Raja Metals (India) Private Limited has experienced an downturn of -5.41%.

  • When was the last Balance Sheet of Covai Raja Metals (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Covai Raja Metals (India) Private Limited was filed with the ROC on 31 Mar 2023.

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