Crescon Projects And Services Private Limited

Designs and supervises construction services for industrial projects.

2011 | Erode, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Crescon Projects And Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 105.39 Cr
  • Satisfied Charges ₹ 30.50 Cr
  • Revenue Growth 48.59%
  • Profit Growth 30.20%
  • Ebitda 30.67%
  • Net Worth 40.49%
  • Total Assets 82.43%

About Crescon Projects And Services

Crescon Projects And Services Private Limited (CPASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 November 2011 and has a history of 13 years and three months. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Engineering 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 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹105.39 Cr. The company has closed loans amounting to ₹30.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prasath Veluswami and Vaikunta Ramasubramanian serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cresconprojects.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45303TZ2011PTC017627

  • Company No.

    017627

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2011

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Engineering

What products or services does Crescon Projects And Services Private Limited offer?

Crescon Projects And Services Private Limited offers a wide range of products and services, including Product Engineering Service, Mechanical Engineering Services, Plant Design & Installation Services, Industrial Equipment Installation, Architectural & Civil Engineering, Engineering Consultant Service, Industrial Racks & Storage System, Warehouse Racks.

Who are the key members and board of directors at Crescon Projects And Services?

Board Members (2)

NameDesignationAppointment DateStatus
Prasath Veluswami Country flag representing In Director 24-Nov-2011Current
Vaikunta Ramasubramanian Country flag representing In Director 24-Nov-2011Current

Financial Performance of Crescon Projects And Services.

Crescon Projects And Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.59% increase. The company also saw a substantial improvement in profitability, with a 30.2% increase in profit. The company's net worth Soared by an impressive increase of 40.49%.

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
48.59%
Revenue from Operations
48.38%
Total Assets
82.43%
Profit or Loss
30.20%
Net Worth
40.49%
EBITDA
30.67%

What is the Ownership and Shareholding Structure of Crescon Projects And Services?

In 2023, Crescon Projects And Services 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

₹105.39 Cr

Satisfied Charges

₹30.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 105.39 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2022Axis Bank Limited₹60.00 CrOpen
30 Sep 2020Axis Bank Limited₹8.30 MOpen
27 Dec 2019Axis Bank Limited₹5.60 MOpen
30 Jan 2019Axis Bank Limited₹44.00 CrOpen
28 Dec 2015Others₹30.00 CrSatisfied

How Many Employees Work at Crescon Projects And Services?

Crescon Projects And Services has a workforce of 1874 employees as of Apr 09, 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 Crescon Projects And Services, 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 Crescon Projects And Services'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 Crescon Projects And Services

Recent activity within the organization

  • Annual General Meeting

    Crescon Projects And Services Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Balance Sheet

    Crescon Projects And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 60.00 Cr registered on 09 May 2022 with Charge ID 100571441 was modified on 03 Dec 2022.

    03 Dec 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 44.00 Cr registered on 30 Jan 2019 with Charge ID 100239478 was modified on 11 May 2022.

    11 May 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100571441 was registered on 09 May 2022.

    09 May 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.83 Cr with Charge ID 100381638 was registered on 30 Sep 2020.

    30 Sep 2020

Frequently asked questions

  • Crescon Projects And Services Private Limited was incorporated on 24 Nov 2011.

  • The authorized share capital of Crescon Projects And Services Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Crescon Projects And Services Private Limited.

    • Prasath Veluswami
    • Vaikunta Ramasubramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Crescon Projects And Services Private Limited is 45 Y Ramnagar 1 Street Kutchery Medu St Gobichetty Palayam, Erode, Tamil Nadu, India, 638476.

  • The corporate identification number (CIN) of Crescon Projects And Services Private Limited is U45303TZ2011PTC017627 and the company number is 017627 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Crescon Projects And Services Private Limited is https://www.cresconprojects.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Crescon Projects And Services Private Limited has risen by 48.59%.

  • As Per 2023 financial reports, 1874 employees are currently employed by Crescon Projects And Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Crescon Projects And Services Private Limited has experienced an upsurge of 40.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Crescon Projects And Services Private Limited amount to ₹ 105.39 Cr.

  • The most recent Balance Sheet for Crescon Projects And Services Private Limited was filed with the ROC on 31 Mar 2023.