Cutwell Abrasives Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.39 M
- Company Age 40 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.04 Cr
- Satisfied Charges ₹ 1.05 Cr
- Revenue Growth -6.76%
- Profit Growth -3.13%
- Ebitda -6.29%
- Net Worth 9.96%
- Total Assets -5.77%
About Cutwell Abrasives
Cutwell Abrasives Private Limited (CAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 1984 and has a history of 40 years and five months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 1.50 M and a paid-up capital of Rs 1.39 M.
The company currently has active open charges totaling ₹3.04 Cr. The company has closed loans amounting to ₹1.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Marisetty and Suresh Sudhakar serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27202TN1984PTC011157
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Company No.
011157
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Sep 1984
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Cutwell Abrasives Private Limited offer?
Cutwell Abrasives Private Limited offers a wide range of products and services, including Saw Blades & Grinding Wheels, Grinding Wheels, Abrasives & Grains, Cutting Abrasives, DC Wheel.
Who are the key members and board of directors at Cutwell Abrasives?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Marisetty
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Director | 13-Sep-1984 | Current |
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Suresh Sudhakar
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Director | 28-Aug-2009 | Current |
Financial Performance of Cutwell Abrasives.
Cutwell Abrasives Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.76% decrease. The company also saw a slight decrease in profitability, with a 3.13% decrease in profit. The company's net worth moved up by a moderate rise of 9.96%.
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What is the Ownership and Shareholding Structure of Cutwell Abrasives?
In 2023, Cutwell Abrasives 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)
₹30.40 M
₹10.50 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 3.01 Cr
- Uco Bank : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2016 | City Union Bank Limited | ₹3.01 Cr | Open |
| 23 Oct 1996 | Uco Bank | ₹0.11 M | Open |
| 19 Sep 1990 | Uco Bank | ₹0.08 M | Open |
| 19 Sep 1990 | Uco Bank | ₹0.05 M | Open |
| 05 Aug 1985 | Uco Bank | ₹0.02 M | Open |
How Many Employees Work at Cutwell Abrasives?
Unlock and access historical data on people associated with Cutwell Abrasives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Cutwell Abrasives, 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 Cutwell Abrasives'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.
