Cruise Electric Private Limited

Manufacturer and distributor of air conditioning products and accessories, with nationwide presence and ISO certifications.

1998 | Andheri East Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Cruise Electric Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.41 M
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.01 Cr
  • Satisfied Charges ₹ 18.52 Cr
  • Revenue Growth 43.36%
  • Profit Growth -15.76%
  • Ebitda 68.65%
  • Net Worth 1.53%
  • Total Assets 2.52%

About Cruise Electric

Cruise Electric Private Limited (CEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 1998 and has a history of 27 years and one month. Its registered office is in Andheri East Mumbai, Maharashtra, India.

The Corporate was formerly known as Seagull Cooling Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 7.50 M and a paid-up capital of Rs 7.41 M.

The company currently has active open charges totaling ₹15.01 Cr. The company has closed loans amounting to ₹18.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parasmal Sirohia and Shailendra Mishra serve as directors at the Company.

Company Details

  • Location

    Andheri East Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cruiseac.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29191MH1998PTC112950

  • Company No.

    112950

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 1998

  • Date of AGM

    11 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Cruise Electric Private Limited offer?

Cruise Electric Private Limited offers a wide range of products and services, including Freezers, Refrigerators & Chillers, Refrigerator Spare Parts, Industrial Air Conditioner & Devices, Air Conditioner Parts, Separators, Strainers & Purifiers, Strainers, Refrigeration Spares, HVAC System, Dryers & Evaporators, Medical Air Dryer.

Who are the key members and board of directors at Cruise Electric?

Board Members (2)

Name Designation Appointment Date Status
Parasmal Sirohia Country flag representing In Director 13-Jan-1998 Current
Shailendra Mishra Country flag representing In Director 13-Jan-1998 Current

Financial Performance of Cruise Electric.

Cruise Electric Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.36% increase. The company also saw a substantial fall in profitability, with a 15.76% decrease in profit. The company's net worth moved up by a moderate rise of 1.53%.

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
43.36%
Revenue from Operations
45.22%
Total Assets
2.52%
Profit or Loss
-15.76%
Net Worth
1.53%
EBITDA
68.65%

What is the Ownership and Shareholding Structure of Cruise Electric?

In 2023, Cruise Electric had a promoter holding of 95.75% and a public holding of 4.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹150.08 M

Satisfied Charges

₹185.20 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 15.01 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2023 State Bank Of India ₹1.28 M Open
02 Apr 2009 State Bank Of India ₹14.88 Cr Open
02 Apr 2009 State Bank Of India ₹9.54 Cr Satisfied
03 Mar 2008 Syndicate Bank ₹1.50 Cr Satisfied
28 Apr 2003 State Bank Of India ₹6.00 Cr Satisfied

How Many Employees Work at Cruise Electric?

Unlock and access historical data on people associated with Cruise Electric, 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 Cruise Electric, 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 Cruise Electric'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 Cruise Electric

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.28 M with Charge ID 100815421 was registered on 31 Oct 2023.

    31 Oct 2023

  • Annual General Meeting

    Cruise Electric Private Limited last Annual general meeting of members was held on 11 Sep 2023 as per latest MCA records.

    11 Sep 2023

  • Balance Sheet

    Cruise Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 148.80 M registered on 02 Apr 2009 with Charge ID 10156867 was modified on 21 Mar 2022.

    21 Mar 2022

  • Charges

    A charge registered on 02 Apr 2009 via Charge ID 10305771 with State Bank Of India was fully satisfied on 09 Nov 2020.

    09 Nov 2020

  • Charges

    A charge registered on 28 Apr 2003 via Charge ID 90146455 with State Bank Of India was fully satisfied on 14 Oct 2016.

    14 Oct 2016

Frequently asked questions

  • Cruise Electric Private Limited was incorporated on 13 Jan 1998.

  • The authorized share capital of Cruise Electric Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.41 M.

  • Currently 2 directors are associated with Cruise Electric Private Limited.

    • Parasmal Bhikamchand Sirohia
    • Shailendra Kant Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cruise Electric Private Limited is G-2 Industry House 23-Bmahal Industrial Estate Mahakali Caves Road, Andheri East Mumbai, Maharashtra, India, 400093.

  • The corporate identification number (CIN) of Cruise Electric Private Limited is U29191MH1998PTC112950 and the company number is 112950 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Cruise Electric Private Limited is https://www.cruiseac.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cruise Electric Private Limited has risen by 43.36%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cruise Electric Private Limited has experienced an upsurge of 1.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cruise Electric Private Limited amount to ₹ 15.01 Cr.

  • The most recent Balance Sheet for Cruise Electric Private Limited was filed with the ROC on 31 Mar 2023.