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Correline Projects Private Limited
Correline Projects Private Limited - construction in Pune, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2023
₹2.16 Cr
▲ 75% YoY
Net profit · FY 2023
₹12.15 Lakh
Net margin 5.6%
EBITDA · FY 2023
₹16.24 Lakh
EBITDA margin 7.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About Correline Projects Private Limited
Data last updated:
Correline Projects Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the building construction segment of the construction sector. It was incorporated on 15 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45400PN2020PTC191988.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anand Vijay Mahajan and Sayali Kanikdle.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.16 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹12.15 Lakh (net margin 5.6%) and EBITDA of ₹16.24 Lakh (EBITDA margin 7.5%).
Correline Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0007283).
Company details
CIN U45400PN2020PTC191988
Registration Number 191988
Incorporation Date 15 July 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0007283
Recognitions & Rankings of Correline Projects
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0007283
Contact details
Correline Projects Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressSr. No 167 Cts No 650 Plot No 18 Flat 401 Tejaura Apartment Happy Colony Nr Dahanu, Kar Circul, Pune, Maharashtra, India – 411029
- IndustryConstruction, Building Construction
Comprehensive company report
Correline Projects Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Correline Projects is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Correline Projects Private Limited, buy the company report.
Financials of Correline Projects Private Limited
FY 2023 filings availableCorreline Projects Private Limited reported revenue of ₹2.16 Cr (up 75% YoY) for FY 2023.
Revenue · FY 2023
₹2.16 Cr ▲ 75%
Net profit · FY 2023
₹12.15 Lakh margin 5.6%
EBITDA · FY 2023
₹16.24 Lakh margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 75%
EBITDA CAGR growth
1 year
▲ 401%
Revenue rose 75% in the latest year. EBITDA rose 401% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹16.24 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12.15 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.5% | ||
| Net Profit Margin | 5.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Correline Projects Private Limited, buy the company report.
Board of directors of Correline Projects Private Limited
Correline Projects has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Vijay Mahajan Also directs: Shreemayi Electroinfra Private Limited | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
| Sayali Kanikdle Also directs: Shreemayi Electroinfra Private Limited | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Correline Projects Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Correline Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Correline Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Correline Projects Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Anand Vijay Mahajan was appointed as Director on 15 Jul 2020.
AGM
Correline Projects Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Correline Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Appointed
Anand Vijay Mahajan was appointed as Director.
Appointed
Sayali Kanikdle was appointed as Director.
Incorporation
15 Jul 2020
Correline Projects Private Limited was registered on 15 Jul 2020 with Roc Pune & aged 6 years 3 months as per MCA records.
Frequently asked questions
Correline Projects is an active private limited company based in Pune, Maharashtra, India. The company works in building construction, within the construction industry. It was incorporated on 15 July 2020 (6+ years old) and is registered under CIN U45400PN2020PTC191988.
Correline Projects has 2 current directors:
- Anand Vijay Mahajan - Director
- Sayali Kanikdle - Director
The latest financial statements of Correline Projects on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Correline Projects is U45400PN2020PTC191988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Correline Projects was incorporated on 15 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Anand Vijay Mahajan was appointed as Director on 15 Jul 2020. Sayali Kanikdle was appointed as Director on 15 Jul 2020.
Yes, Correline Projects is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Correline Projects is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0007283).
The registered office of Correline Projects is at Sr. No 167 Cts No 650 Plot No 18 Flat 401 Tejaura Apartment Happy Colony Nr Dahanu, Kar Circul, Pune, Maharashtra, India – 411029.
Correline Projects operates in the construction industry, in the building construction segment.