Covestro (India) Profile
Key Indicators
- Authorised Capital ₹ 364.40 Cr
- Paid Up Capital ₹ 207.52 Cr
- Company Age 29 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 32.73%
- Profit Growth -77.22%
- Ebitda -66.80%
- Net Worth -10.15%
- Total Assets 1.12%
About Covestro (India)
Covestro (India) Private Limited (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 1995 and has a history of 29 years and seven months. Its registered office is in Navi Mumbai, Maharashtra, India.
The Corporate was formerly known as Bayer Materialscience Private Limited. The Company is engaged in the Chemicals And Materials 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 364.40 Cr and a paid-up capital of Rs 207.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Covestro (India) Private Limited India is Puneet Kapur as COMPANY SECRETARY. Avinash Bagdi and Anand Srinivasan serve as directors at the Company.
Company Details
- Location
Navi Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U19113MH1995PTC179724
- Company No.
179724
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Sep 1995
- Date of AGM
15 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
What products or services does Covestro (India) Private Limited offer?
Covestro (India) Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions.
Covestro (India) Private Limited
Explore comprehensive data for Covestro (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Covestro (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Srinivasan  | Managing Director | 29-Nov-2019 | Current |
| Puneet Kapur | Company Secretary | 16-Jul-2015 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Avinash Bagdi | Director | 16-Jul-2015 | Current |
Financial Performance of Covestro (India).
Covestro (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.73% increase. The company also saw a substantial fall in profitability, with a 77.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Covestro (India)?
In 2023, Covestro (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.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Covestro (India)?
Covestro (India) has a workforce of 368 employees as of Aug 31, 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 Covestro (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 Covestro (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.
Latest Updates, News, and FAQs on Covestro (India)
Recent activity within the organization
- Annual General Meeting
Covestro (India) Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.
- Balance Sheet
Covestro (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Anand Srinivasan was appointed as a Managing Director was appointed as a Managing Director on 29 Nov 2019 & has been associated with this company since 5 years 5 months .
- Director Appointment
Avinash Manmohan Bagdi was appointed as a Director was appointed as a Director on 16 Jul 2015 & has been associated with this company since 9 years 9 months .
- Director Appointment
Puneet Kapur was appointed as a Company Secretary was appointed as a Company Secretary on 16 Jul 2015 & has been associated with this company since 9 years 9 months .
- Company Incorporation
Covestro (India) Private Limited was registered on 11 Sep 1995 with Roc Mumbai & aged 29 years 7 months as per MCA records.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Covestro (India) Private Limited?
Covestro (India) Private Limited was incorporated on 11 Sep 1995.
What is authorized share capital and paid-up capital of Covestro (India) Private Limited?
The authorized share capital of Covestro (India) Private Limited is ₹ 364.40 Cr and paid-up capital is ₹ 207.52 Cr.
Who are the current board members & directors of Covestro (India) Private Limited?
Currently 3 directors are associated with Covestro (India) Private Limited.
- Avinash Manmohan Bagdi
- Anand Srinivasan
- Puneet Kapur
What is the registered address of Covestro (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Covestro (India) Private Limited is Unit No. Sb-801 8Th Floor Empire Tower Cloud City Campus Airoli Thane - Belap, Ur Rd, Navi Mumbai, Maharashtra, India, 400708.
What is the corporate identification number (CIN) and company number of Covestro (India) Private Limited?
The corporate identification number (CIN) of Covestro (India) Private Limited is U19113MH1995PTC179724 and the company number is 179724 as per Ministry of Corporate Affairs (MCA).
What is the official website of Covestro (India) Private Limited?
The Official website of Covestro (India) Private Limited is https://www.covestro.com
What has been the recent revenue trend for Covestro (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Covestro (India) Private Limited has risen by 32.73%.
How many employees does Covestro (India) Private Limited currently have?
As Per 2023 financial reports, 368 employees are currently employed by Covestro (India) Private Limited.
What change has been observed in the net worth of Covestro (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Covestro (India) Private Limited has experienced an downturn of -10.15%.
When was the last Balance Sheet of Covestro (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Covestro (India) Private Limited was filed with the ROC on 31 Mar 2023.
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