Yg Cutting Tools Corporation Profile
Key Indicators
- Authorised Capital ₹ 230.00 Cr
- Paid Up Capital ₹ 201.72 Cr
- Company Age 17 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 49.00 Cr
- Satisfied Charges ₹ 0.90 M
- Revenue Growth 60.44%
- Profit Growth -34.72%
- Ebitda 2.62%
- Net Worth 63.92%
- Total Assets 92.51%
About Yg Cutting Tools Corporation
Yg Cutting Tools Corporation Private Limited (YCTCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 December 2007 and has a history of 17 years and one month. Its registered office is in Bangalore, Karnataka, 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 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.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
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 LimitedTarang Parikh, Seungil Baek and 1 more are mutual person
Yg-1 India Private LimitedTarang Parikh, Seungil Baek and 2 more are mutual person
- Super Century India Tool Private Limited
Tarang Parikh and Chusung Son are mutual person
Charges (Loans)
₹49.00 Cr
₹0.09 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 49.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2023 | Axis Bank Limited | ₹49.00 Cr | Open |
| 20 Dec 2014 | Axis Bank Limited | ₹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
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.
