Current Electricals Limited

Manufacturer of transformers and other electrical products for various clients since 1972.

1972 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 09, 2025

Current Electricals Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 3.51 Cr
  • Company Age 52 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 18.75 Cr

About Current Electricals

Current Electricals Limited (CEL) was founded in India on 24 November 1972 and has a glorious history of 52 years and two months.Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Current Electricals P Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 3.51 Cr.

The company currently has active open charges totaling ₹18.75 Cr.

Hiren Botadra, Ketan Bagadia, and Ramaswamy Srinivasan serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31901TN1972PLC006253

  • Company No.

    006253

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1972

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

Who are the key members and board of directors at Current Electricals?

Executive Team (1)

Name Designation Appointment Date Status
Ketan Bagadia Country flag representing In Managing Director 01-Dec-2003 Current

Board Members (2)

Name Designation Appointment Date Status
Ramaswamy Srinivasan Country flag representing In Additional Director 24-Jul-2020 Current
Hiren Botadra Country flag representing In Whole-Time Director 01-Dec-2003 Current

Financial Performance of Current Electricals.

Current Electricals Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Current Electricals?

In 2022, Current Electricals 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

₹18.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 10.00 Cr
  • Axis Bank Limited : 8.75 Cr

Latest Charge Details

Date Lender Amount Status
20 Dec 2017 Canara Bank ₹10.00 Cr Open
28 Dec 2006 Axis Bank Limited ₹8.75 Cr Open

How Many Employees Work at Current Electricals?

Current Electricals has a workforce of 31 employees as of Apr 05, 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 Current Electricals, 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 Current Electricals'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 Current Electricals

Recent activity within the organization

  • Annual General Meeting

    Current Electricals Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Current Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Director Appointment

    Ramaswamy Srinivasan was appointed as a Additional Director was appointed as a Additional Director on 24 Jul 2020 & has been associated with this company since 4 years 6 months .

    24 Jul 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 100183098 was registered on 20 Dec 2017.

    20 Dec 2017

  • Charges

    A charge with Axis Bank Limited of Rs. 8.75 Cr registered on 28 Dec 2006 with Charge ID 10037775 was modified on 26 Mar 2009.

    26 Mar 2009

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.75 Cr with Charge ID 10037775 was registered on 28 Dec 2006.

    28 Dec 2006

Frequently asked questions

  • Current Electricals Limited was incorporated on 24 Nov 1972.

  • The authorized share capital of Current Electricals Limited is ₹ 5.50 Cr and paid-up capital is ₹ 3.51 Cr.

  • Currently 3 directors are associated with Current Electricals Limited.

    • Hiren Mahendra Botadra
    • Ketan Chhotalal Bagadia
    • Ramaswamy Srinivasan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Current Electricals Limited is Survey No.184/2 213, Thirumudivakkam Village (Near Sidco) India, Chennai, Tamil Nadu, 600044.

  • The corporate identification number (CIN) of Current Electricals Limited is U31901TN1972PLC006253 and the company number is 006253 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Current Electricals Limited is https://www.nesl.in

  • As Per 2022 financial reports, 31 employees are currently employed by Current Electricals Limited.

  • As per the financial statements for fiscal Year 2022, The total open charges for Current Electricals Limited amount to ₹ 18.75 Cr.

  • The most recent Balance Sheet for Current Electricals Limited was filed with the ROC on 31 Mar 2022.

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