Korde Electric Private Limited

Manufactures electric motors, generators, and transformers and provides repair and maintenance services for electrical equipment.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: December 12, 2024

Korde Electric Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.70 M
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -58.52%
  • Profit Growth -304.04%
  • Ebitda -270.30%
  • Net Worth -39.19%
  • Total Assets -12.07%

About Korde Electric

Korde Electric Private Limited (KEPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 1988 and has a history of 36 years and two months. Its registered office is in Mumbai, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.70 M, as per Ministry of Corporate Affairs (MCA) records.

Aditya Korde, Neela Korde, and Subhash Korde 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

    U31100MH1988PTC050118

  • Company No.

    050118

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

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

Executive Team (1)

NameDesignationAppointment DateStatus
Subhash Korde Country flag representing In Managing Director21-Dec-1988Current

Board Members (2)

NameDesignationAppointment DateStatus
Aditya Korde Country flag representing In Director 11-Sep-2017Current
Neela Korde Country flag representing In Director 21-Dec-1988Current

Financial Performance of Korde Electric.

Korde Electric Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 58.52% decrease. The company also saw a substantial fall in profitability, with a 304.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.19%.

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
-58.52%
Revenue from Operations
Total Assets
-12.07%
Profit or Loss
-304.04%
Net Worth
-39.19%
EBITDA
-270.30%

What is the Ownership and Shareholding Structure of Korde Electric?

In 2018, Korde Electric 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Korde Electric?

Unlock and access historical data on people associated with Korde 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 Korde 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 Korde 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 Korde Electric

Recent activity within the organization

  • Annual General Meeting

    Korde Electric Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Aditya Subhash Korde was appointed as a Director was appointed as a Director on 11 Sep 2017 & has been associated with this company since 7 years 5 months .

    11 Sep 2017

  • Director Appointment

    Neela Subhash Korde was appointed as a Director was appointed as a Director on 21 Dec 1988 & has been associated with this company since 36 years 2 months .

    21 Dec 1988

  • Director Appointment

    Subhash Dattatraya Korde was appointed as a Managing Director was appointed as a Managing Director on 21 Dec 1988 & has been associated with this company since 36 years 2 months .

    21 Dec 1988

  • Company Incorporation

    Korde Electric Private Limited was registered on 21 Dec 1988 with Roc Mumbai & aged 36 years 2 months as per MCA records.

    21 Dec 1988

Frequently asked questions

  • Korde Electric Private Limited was incorporated on 21 Dec 1988.

  • The authorized share capital of Korde Electric Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.70 M.

  • Currently 3 directors are associated with Korde Electric Private Limited.

    • Aditya Subhash Korde
    • Neela Subhash Korde
    • Subhash Dattatraya Korde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Korde Electric Private Limited is 2105 21St Floor Tower-B Oberoi Park View, Thakur Village India, Kandivali East, Maharashtra, 400101.

  • The corporate identification number (CIN) of Korde Electric Private Limited is U31100MH1988PTC050118 and the company number is 050118 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Korde Electric Private Limited has fallen by -58.52%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Korde Electric Private Limited has experienced an downturn of -39.19%.

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