Clearline Appliances Ltd

Online retailer of kitchen and home appliances, including hand blenders, heaters, and grills.

1987 | H P, Himachal Pradesh (India) | Active
Last Updated:

Clearline Appliances Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 7.79%
  • Profit Growth 20.87%
  • Ebitda -2.29%
  • Net Worth 8.58%
  • Total Assets 7.03%

About Clearline Appliances

Clearline Appliances Ltd (CAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 July 1987 and has a history of 37 years and ten months. Its registered office is in H P, Himachal Pradesh.

The Company is engaged in the Consumer Electronics & Durables 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 1.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arun Mehtani, Sanjay Mehtani, and Nikhil Mehtani serve as directors at the Company.

Company Details

  • Location H P, Himachal Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29308HP1987PLC007557

  • Company No.

    007557

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 1987

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Consumer Electronics & Durables

What products or services does Clearline Appliances Ltd offer?

Clearline Appliances Ltd offers a wide range of products and services, including Steam Iron, Electric Steam Iron, Home Appliances & Kitchen Appliances, Heater, Thermostat & Heating Devices, Room Heaters, Cook Top Stove, Induction Cooktop, Kitchen Appliance, Toaster, Cooking Appliances.

Company report

Clearline Appliances Ltd

Explore comprehensive data for Clearline Appliances Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Clearline Appliances?

Board Members (3)

NameDesignationAppointment DateStatus
Arun Mehtani Country flag representing In Director 16-Jul-1987Current
Sanjay Mehtani Country flag representing In Director 05-Oct-2010Current
Nikhil Mehtani Country flag representing In Director 05-Mar-2022Current

Financial Performance of Clearline Appliances.

Clearline Appliances Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 7.79% increase. The company also saw a substantial improvement in profitability, with a 20.87% increase in profit. The company's net worth moved up by a moderate rise of 8.58%.

Clearline Appliances revenue growth over time
Clearline Appliances profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.79%
Revenue from Operations
7.00%
Total Assets
7.03%
Profit or Loss
20.87%
Net Worth
8.58%
EBITDA
-2.29%

What is the Ownership and Shareholding Structure of Clearline Appliances?

In 2023, Clearline Appliances had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.04 M

Satisfied Charges

₹50.00 M

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr
  • Indian Overseas Bank : 0.95 Cr
  • The Federal Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2022Others₹3.00 CrOpen
16 Dec 2013Indian Overseas Bank₹9.50 MOpen
30 Jan 2013The Federal Bank Limited₹0.54 MOpen
05 Mar 2011The Federal Bank Ltd₹3.00 CrSatisfied
23 Feb 2010The Federal Bank Limited₹2.00 CrSatisfied

How Many Employees Work at Clearline Appliances?

Clearline Appliances has a workforce of 14 employees as of Mar 29, 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.

Employee growth trends for Clearline Appliances Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Clearline Appliances, 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 Clearline Appliances's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Clearline Appliances

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 30.00 M registered on 28 Jun 2022 with Charge ID 100595215 was modified on 10 Apr 2024.

  • Annual General Meeting

    Clearline Appliances Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Clearline Appliances Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100595215 was registered on 28 Jun 2022.

  • Director Appointment

    Nikhil Mehtani was appointed as a Director was appointed as a Director on 05 Mar 2022 & has been associated with this company since 3 years 3 months .

  • Charges

    A charge registered on 05 Mar 2011 via Charge ID 10282524 with The Federal Bank Ltd was fully satisfied on 07 Mar 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Clearline Appliances Ltd?

    Clearline Appliances Ltd was incorporated on 16 Jul 1987.

  • What is authorized share capital and paid-up capital of Clearline Appliances Ltd?

    The authorized share capital of Clearline Appliances Ltd is ₹ 1.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Clearline Appliances Ltd?

    Currently 3 directors are associated with Clearline Appliances Ltd.

    • Arun Mehtani
    • Sanjay Mehtani
    • Nikhil Mehtani

  • What is the registered address of Clearline Appliances Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Clearline Appliances Ltd is 46, Sector 1Parwanoo Solan India, H P, Himachal Pradesh.

  • What is the corporate identification number (CIN) and company number of Clearline Appliances Ltd?

    The corporate identification number (CIN) of Clearline Appliances Ltd is U29308HP1987PLC007557 and the company number is 007557 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Clearline Appliances Ltd?

    The Official website of Clearline Appliances Ltd is https://www.clearline.co.in

  • What has been the recent revenue trend for Clearline Appliances Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Clearline Appliances Ltd has risen by 7.79%.

  • How many employees does Clearline Appliances Ltd currently have?

    As Per 2023 financial reports, 14 employees are currently employed by Clearline Appliances Ltd.

  • What change has been observed in the net worth of Clearline Appliances Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Clearline Appliances Ltd has experienced an upsurge of 8.58%.

  • What are the total open charges for Clearline Appliances Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Clearline Appliances Ltd amount to ₹ 4.00 Cr.

  • When was the last Balance Sheet of Clearline Appliances Ltd filed with the ROC?

    The most recent Balance Sheet for Clearline Appliances Ltd was filed with the ROC on 31 Mar 2023.

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