Etak Corporation Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 86 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.87 Cr
- Satisfied Charges ₹ 1.59 Cr
- Revenue Growth -41.04%
- Profit Growth -174.68%
- Ebitda -431.57%
- Net Worth -4.87%
- Total Assets -9.58%
About Etak Corporation
Etak Corporation Limited (ECL) was founded in India on 24 June 1938 and has a glorious history of 86 years and eight months.Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Etak Corporation P Limited. The Company is engaged in the Travel And Hospitality 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 2.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹3.87 Cr. The company has closed loans amounting to ₹1.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kaveer Shahani, Nitya Mangrulkar, and Padma Shahani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U34100MH1938PLC002804
- Company No.
002804
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jun 1938
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Etak Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kaveer Shahani  | Managing Director | 26-Aug-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitya Mangrulkar | Whole-Time Director | 12-Aug-1986 | Current |
| Padma Shahani | Director | 01-Jan-2014 | Current |
Financial Performance of Etak Corporation.
Etak Corporation Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 41.04% decrease. The company also saw a substantial fall in profitability, with a 174.68% decrease in profit. The company's net worth dipped by a decrease of 4.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Etak Corporation?
In 2020, Etak Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mehar Farms Private LimitedKaveer Shahani and Padma Shahani are mutual person
- Tarakami Universal Private Limited
Kaveer Shahani and Padma Shahani are mutual person
- Pioneer Tools And Appliances Private Limited
Kaveer Shahani, Nitya Mangrulkar and 1 more are mutual person
- Kaveer Trading Company Private Limited
Kaveer Shahani, Nitya Mangrulkar and 1 more are mutual person
- F H Daruwalla Traders Private Limited
Kaveer Shahani and Nitya Mangrulkar are mutual person
Charges (Loans)
₹38.73 M
₹15.85 M
Charges Breakdown by Lending Institutions
- Corportion Bank : 1.07 Cr
- Standard Chartered Bank : 1.00 Cr
- Standard Charterd Bank : 0.60 Cr
- Vijaya Bank : 0.50 Cr
- The Economic Devlopment Corportiongoa Daman & Diu Limited : 0.22 Cr
- Others : 0.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 1989 | Standard Chartered Bank | ₹1.00 Cr | Open |
| 09 Mar 1988 | Standard Charterd Bank | ₹5.00 M | Open |
| 19 Jun 1987 | The Economic Devlopment Corportiongoa Daman & Diu Limited | ₹2.18 M | Open |
| 25 Feb 1987 | Standard Charterd Bank | ₹1.00 M | Open |
| 13 Jan 1987 | Vijaya Bank | ₹2.00 M | Open |
How Many Employees Work at Etak Corporation?
Etak Corporation has a workforce of 1 employees as of Apr 01, 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 Etak Corporation, 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 Etak Corporation'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.
