About Corteco India Private Limited
Data last updated:
Corteco India Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Nok Freudenberg Asia Holding. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 22 November 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51502DL2012PTC351326. Its GSTIN is 06AAFCC0643R1ZF (Haryana). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹3.53 Cr and a paid-up capital of ₹65.17 Lakh. It was led by directors including Teo Kim Chye and Georg Graf.
Its last annual general meeting (AGM) was held on 13 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Kh. No. 965 & 966 F – 15/2 First Floor Satbari, New Delhi, Delhi, India – 110074.
As per the financials filed for FY 2019, the company reported a revenue of ₹10.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹70.88 Lakh (net margin 6.7%) and EBITDA of ₹1.14 Cr (EBITDA margin 10.7%).
The company had about 9 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is corteco.in.
Company details
CIN history
Corteco India has one previous CIN (Corporate Identification Number): U51502HR2012PTC047732. The current CIN is U51502DL2012PTC351326, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51502DL2012PTC351326 | Current |
| U51502HR2012PTC047732 | Previous |
Contact details
Corteco India Private Limited's registered office is in New Delhi, Delhi. Its website is corteco.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKh. No. 965 & 966 F – 15/2 First Floor Satbari, New Delhi, Delhi, India – 110074
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Corteco India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Corteco India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Corteco India Private Limited, buy the company report.
Financials of Corteco India Private Limited
FY 2019 filings availableCorteco India Private Limited reported revenue of ₹10.61 Cr (up 272% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 272% in the latest year. EBITDA rose 141% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1.14 Cr | ||||
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| Net Profit (PAT) | ₹70.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Corteco India Private Limited, buy the company report.
Board of directors of Corteco India Private Limited
Corteco India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Teo Kim Chye | Director | 13 Feb 2013 | 13 Years 8 Months | As last reported |
| Martin Alan Jones | Alternate Director | 16 Jul 2019 | 7 Years 3 Months | As last reported |
| Georg Graf | Director | 05 Apr 2017 | 9 Years 6 Months | As last reported |
Auditor
Corteco India Private Limited is audited by RAJESH KUKREJA & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH KUKREJA & ASSOCIATES | FY 2015 | 004254N |
Shareholding
The shareholding of Corteco India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Corteco India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Corteco India 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 Corteco India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Corteco India Private Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Corteco India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCC0643R1ZF | Haryana | Active | 01 Jul 2017 |
| 33AAFCC0643R1ZI | Tamil Nadu | Active | 30 Nov 2017 |
To see the full GST registrations and return filing status of Corteco India Private Limited, buy the company report.
Recent activity
Corteco India Private Limited has 16 board changes on record since 2012: 3 appointments and 13 cessations. The latest: Rajesh Chhabra ceased to be Alternate Director on 29 Jan 2020.
7 earlier events are in the company report.
Frequently asked questions
Corteco India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Corteco India was a private limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 22 November 2012 and is registered under CIN U51502DL2012PTC351326. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Corteco India was incorporated on 22 November 2012. It is registered with the Registrar of Companies, Delhi.
Corteco India had 3 directors:
- Teo Kim Chye - Director
- Martin Alan Jones - Alternate Director
- Georg Graf - Director
The CIN (Corporate Identification Number) of Corteco India is U51502DL2012PTC351326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Corteco India is at Kh. No. 965 & 966 F – 152 First Floor Satbari, New Delhi, Delhi, India – 110074.
Corteco India can be reached through the website corteco.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Corteco India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 13 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Corteco India is 06AAFCC0643R1ZF, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCC0643R1ZI (Tamil Nadu).
Corteco India operated in the automotive industry, in the auto parts and components segment.
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