About Clancor Technovates India Private Limited
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Clancor Technovates India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 15 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U32106TZ2007PTC014020. Its GSTIN is 33AADCC2084J1ZT (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.5 Lakh. It is led by directors Ragunathan (Managing Director) and Siddhiq Ahamed Sathar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No: 152A Meenachi Mahal Deivanayaki Nagar Sanganoor Road Ganapathy, Coimbatore, Tamil Nadu, India – 641029.
As per the financials filed for FY 2022, the company reported a revenue of ₹30.71 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1,610 (net margin 0.1%) and EBITDA of ₹6 Lakh (EBITDA margin 19.5%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹1.38 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clancor.net.
Company details
Contact details
Clancor Technovates India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is clancor.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo: 152A Meenachi Mahal Deivanayaki Nagar Sanganoor Road Ganapathy, Coimbatore, Tamil Nadu, India – 641029
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Clancor Technovates 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 activities of Clancor Technovates India are manufacturing and information and communication. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and publishing of computer operating systems, system software, application software, games, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Clancor Technovates India Private Limited, buy the company report.
Financials of Clancor Technovates India Private Limited
FY 2022 filings availableClancor Technovates India Private Limited reported revenue of ₹30.71 Lakh (up 520% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 520% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 33%. EBITDA rose 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹6 Lakh | ||||
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| Net Profit (PAT) | ₹1,610 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Clancor Technovates India Private Limited, buy the company report.
Board of directors of Clancor Technovates India Private Limited
Clancor Technovates India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhiq Ahamed Sathar | Whole-Time Director | 15 Nov 2007 | 18 Years 11 Months | Current |
| Ragunathan | Managing Director | 15 Nov 2007 | 18 Years 11 Months | Current |
Auditor
Clancor Technovates India Private Limited is audited by RAGHAVENDRAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHAVENDRAN & ASSOCIATES | FY 2020 | 010808S |
Shareholding
The shareholding of Clancor Technovates India Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Clancor Technovates India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2008 | 10094535 | Union Bank of India | ₹1.38 Cr | Open |
To see the full charge records of Clancor Technovates India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Clancor Technovates India Private Limited has 2 court cases on record: 2 filed by Clancor Technovates India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against N.M.C. THR Commissioner, Nagpur and Anr. | Disposed |
| Bombay High Court | Court case (CAW) | Filed by the company against N.M.C. THR Commissioner, Nagpur and Anr. | Disposed |
To see the full case history of Clancor Technovates India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clancor Technovates India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clancor Technovates India Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Clancor Technovates India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCC2084J1ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clancor Technovates India Private Limited, buy the company report.
Recent activity
Clancor Technovates India Private Limited has 10 board changes on record since 2007: 6 appointments and 4 cessations. The latest: Pothen Scaria Tom Zachariah ceased to be Additional Director on 14 Mar 2018.
3 earlier events are in the company report.
Frequently asked questions
Clancor Technovates India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 15 November 2007 (19+ years old) and is registered under CIN U32106TZ2007PTC014020.
Clancor Technovates India has 2 current directors:
- Ragunathan - Managing Director
- Siddhiq Ahamed Sathar - Whole-Time Director
The latest financial statements of Clancor Technovates India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Clancor Technovates India is 33AADCC2084J1ZT, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Clancor Technovates India is U32106TZ2007PTC014020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clancor Technovates India has 2 court cases on record: 2 filed by the company.
Clancor Technovates India was incorporated on 15 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Coimbatore.
Pothen Scaria Tom Zachariah ceased to be Additional Director on 14 Mar 2018. Pothen Scaria Tom Zachariah was appointed as Additional Director on 01 Apr 2015. Arivazhagan Murugaiyan ceased to be Director on 30 Jan 2015. Clancor Technovates India has 10 board changes on record in total.
Clancor Technovates India can be reached through the website clancor.net. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Clancor Technovates India is at No: 152A Meenachi Mahal Deivanayaki Nagar Sanganoor Road Ganapathy, Coimbatore, Tamil Nadu, India – 641029.