Yg Cutting Tools Corporation Profile
Key Indicators
- Authorised Capital ₹ 230.00 Cr
as on 03-07-2024
- Paid Up Capital ₹ 201.72 Cr
as on 03-07-2024
- Company Age 17 Year, 19 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 49.00 Cr
as on 03-07-2024
- Satisfied Charges ₹ 0.90 M
as on 03-07-2024
- Revenue 60.44%
(FY 2023)
- Profit -34.72%
(FY 2023)
- Ebitda 2.62%
(FY 2023)
- Net Worth 63.92%
(FY 2023)
- Total Assets 92.51%
(FY 2023)
About Yg Cutting Tools Corporation
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 230.00 Cr and a paid-up capital of Rs 201.72 Cr.
The company currently has active open charges totaling ₹49.00 Cr. The company has closed loans amounting to ₹0.90 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Yg Cutting Tools Corporation Private Limited India is Manjul Jain as COMPANY SECRETARY. Tarang Parikh, Seungil Baek, Chusung Son, and One other member serve as directors at the Company.
- CIN/LLPIN
U29220KA2007PTC063968
- Company No.
063968
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Dec 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Yg Cutting Tools Corporation Private Limited offer?
Yg Cutting Tools Corporation Private Limited offers a wide range of products and services, including Drilling & Boring Equipment, Industrial Drilling Machine.
Who are the key members and board of directors at Yg Cutting Tools Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tarang Parikh  | Managing Director | 23-Jun-2021 | Current |
| Manjul Jain | Company Secretary | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Seungil Baek  | Director | 28-Jun-2023 | Current |
| Chusung Son | Director | 23-Nov-2022 | Current |
| Yunkyun Yu | Director | 05-Dec-2007 | Current |
Financial Performance of Yg Cutting Tools Corporation.
Yg Cutting Tools Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.44% increase. The company also saw a substantial fall in profitability, with a 34.72% decrease in profit. The company's net worth Soared by an impressive increase of 63.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Yg Cutting Tools Corporation?
In 2023, Yg Cutting Tools 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)
Yg-1 Industries India Private LimitedActive 22 years 1 monthTarang Parikh, Seungil Baek and 1 more are mutual person
Yg-1 India Private LimitedActive 1 year 11 monthsTarang Parikh, Seungil Baek and 2 more are mutual person
- Super Century India Tool Private LimitedActive 2 years 6 months
Tarang Parikh and Chusung Son are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 29 Mar 2023 | ₹49.00 Cr | Open |
Axis Bank Limited Creation Date: 20 Dec 2014 | ₹0.90 M | Satisfied |
How Many Employees Work at Yg Cutting Tools Corporation?
Yg Cutting Tools Corporation has a workforce of 295 employees as of Mar 31, 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 Yg Cutting Tools 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 Yg Cutting Tools 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
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