The Commercial Credit Corporation (1943) Private Limited

Provides credit granting and financial leasing services for various vehicles and machinery.

1943 | Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

The Commercial Credit Corporation (1943) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 81 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.01 Cr
  • Satisfied Charges ₹ 1.68 Cr
  • Revenue Growth -47.61%
  • Profit Growth -23.30%
  • Ebitda -10.91%
  • Net Worth -36.82%
  • Total Assets -7.15%

About The Commercial Credit Corporation (1943)

The Commercial Credit Corporation (1943) Private Limited (TCCC1PL) was founded in India on 06 May 1943 and has a glorious history of 81 years and nine months.Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as The Commercial Credit Corporation (1943) Limited. The Company is engaged in the Financial Services 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 3.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.01 Cr. The company has closed loans amounting to ₹1.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayant Ghelani, Pravin Mody, and Prakash Kapadia 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

    U50100MH1943PTC003957

  • Company No.

    003957

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 May 1943

  • Date of AGM

    25 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at The Commercial Credit Corporation (1943)?

Board Members (3)

NameDesignationAppointment DateStatus
Jayant Ghelani Country flag representing In Director 22-Aug-2023Current
Pravin Mody Country flag representing In Director 22-Aug-2023Current
Prakash Kapadia Country flag representing In Director 22-Aug-2023Current

Financial Performance of The Commercial Credit Corporation (1943).

The Commercial Credit Corporation (1943) Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 47.61% decrease. The company also saw a substantial fall in profitability, with a 23.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.82%.

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
-47.61%
Revenue from Operations
-28.92%
Total Assets
-7.15%
Profit or Loss
-23.30%
Net Worth
-36.82%
EBITDA
-10.91%

What is the Ownership and Shareholding Structure of The Commercial Credit Corporation (1943)?

In 2017, The Commercial Credit Corporation (1943) had a promoter holding of 77.37% and a public holding of 22.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.11 M

Satisfied Charges

₹16.79 M

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.67 Cr
  • Icici Bank Ltd. : 0.48 Cr
  • Bank Of India : 0.23 Cr
  • The Economic Development Corp Of Goa Daman & Diu Limited : 0.21 Cr
  • S.B. P. Peoples Co- Op. Bank Ltd. : 0.16 Cr
  • Others : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 1994The Saraswat Co- Op. Bank Ltd₹1.00 MOpen
26 Apr 1990S.B. P. Peoples Co- Op. Bank Ltd.₹0.20 MOpen
23 Apr 1990S.B. P. Peoples Co- Op. Bank Ltd.₹1.24 MOpen
14 Feb 1989Bank Of Baroda₹0.25 MOpen
09 Mar 1988Bank Of Baroda₹0.25 MOpen

How Many Employees Work at The Commercial Credit Corporation (1943)?

Unlock and access historical data on people associated with The Commercial Credit Corporation (1943), 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 The Commercial Credit Corporation (1943), 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 The Commercial Credit Corporation (1943)'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 The Commercial Credit Corporation (1943)

Recent activity within the organization

  • Annual General Meeting

    The Commercial Credit Corporation (1943) Private Limited last Annual general meeting of members was held on 25 Nov 2023 as per latest MCA records.

    25 Nov 2023

  • Director Appointment

    Jayant Kalyanji Ghelani was appointed as a Director was appointed as a Director on 22 Aug 2023 & has been associated with this company since 1 year 6 months .

    22 Aug 2023

  • Director Appointment

    Pravin Govindji Mody was appointed as a Director was appointed as a Director on 22 Aug 2023 & has been associated with this company since 1 year 6 months .

    22 Aug 2023

  • Director Appointment

    Prakash Dwarkadas Kapadia was appointed as a Director was appointed as a Director on 22 Aug 2023 & has been associated with this company since 1 year 6 months .

    22 Aug 2023

  • Balance Sheet

    The Commercial Credit Corporation (1943) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 17 May 1993 via Charge ID 90385914 with Canara Bank was fully satisfied on 21 Oct 2004.

    21 Oct 2004

Frequently asked questions

  • The Commercial Credit Corporation (1943) Private Limited was incorporated on 06 May 1943.

  • The authorized share capital of The Commercial Credit Corporation (1943) Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with The Commercial Credit Corporation (1943) Private Limited.

    • Jayant Kalyanji Ghelani
    • Pravin Govindji Mody
    • Prakash Dwarkadas Kapadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Commercial Credit Corporation (1943) Private Limited is Motor House68 N S Patkar Marg India, Mumbai, Maharashtra, 400007.

  • The corporate identification number (CIN) of The Commercial Credit Corporation (1943) Private Limited is U50100MH1943PTC003957 and the company number is 003957 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for The Commercial Credit Corporation (1943) Private Limited has fallen by -47.61%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of The Commercial Credit Corporation (1943) Private Limited has experienced an downturn of -36.82%.

  • As per the financial statements for fiscal Year 2017, The total open charges for The Commercial Credit Corporation (1943) Private Limited amount to ₹ 2.01 Cr.

  • The most recent Balance Sheet for The Commercial Credit Corporation (1943) Private Limited was filed with the ROC on 31 Mar 2023.

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