Coastal Local Area Bank Limited Company Logo

Coastal Local Area Bank Limited - Company Profile

It is a financial services public limited company based in Vijayawada, Andhra Pradesh, India, established in 1999.

1999 | Vijayawada, Andhra Pradesh, India | Active
Last Updated:

About Coastal Local Area Bank Limited

Coastal Local Area Bank Limited, a active public limited company, was established on 12 May 1999 in Vijayawada, Andhra Pradesh, India. Engaging in banking institutions within the financial and insurance service sector, it holds CIN: U65993AP1999PLC031684. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹45.00 Cr and a paid-up capital of ₹23.02 Cr.

It upholds a compliant status. Employing 252 professional, Its leadership includes Venugopala Bommareddy Reddy (Managing Director), Indrajit Bardhan (Director), Thimmichetty Ravee (Director). Past directors included Seshadri Naidu Dama, Venkateswara Rao Pedarla, Hemang Harish Raja. Its latest AGM occurred on 02 August 2025, with the balance sheet filed on 31 March 2025. It is based at D.No.59-12-6, Graceline Ghantalasalavari Street, Gayatri Nagar, Vijayawada, Andhra Pradesh, 520008.

Company Details

  • CIN/LLPIN

    U65993AP1999PLC031684

  • Registration Number

    031684

  • Incorporation Date

    12 May 1999

  • Authorized Capital

    ₹45.00 Cr

  • Paid-Up Capital

    ₹23.02 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 23.02 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
Company report

Coastal Local Area Bank Limited

Company Report FY 2025-2026

Explore comprehensive insights into Coastal Local Area Bank Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Coastal Local Area Bank Limited?

Current Directors

NameDesignationAppointment DateStatus
Venugopala Bommareddy ReddyManaging Director25 Jan 2019Current
Indrajit BardhanDirector17 Oct 2023Current
Thimmichetty RaveeDirector26 Dec 2020Current
Balaji GopalakrishnanAdditional Director17 May 2025Current
Appaiah Natarajan AdayapalamDirector18 May 2019Current
Venkataraman KrishnamoorthyDirector16 Dec 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector28 Mar 2008Past
Pramod AbcsddDirector16 Apr 2010Past
Pramod AbcsddAdditional Director22 Sep 2012Past
Pramod AbcsddDirector13 Apr 2016Past
Pramod AbcsddDirector15 Feb 2019Past
Pramod AbcsddAdditional Director25 Jan 2019Past

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Financial Performance of Coastal Local Area Bank.

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Coastal Local Area Bank revenue growth over time
Coastal Local Area Bank 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Coastal Local Area Bank?

In 2023, Coastal Local Area Bank had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Coastal Local Area Bank?

Coastal Local Area Bank has a workforce of 252 employees as of Apr 10, 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 Coastal Local Area Bank Limited

Deals i

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Rating

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Alerts

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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 Coastal Local Area Bank

Recent Activity within the Organization

  • Annual General Meeting

    The activity Coastal Local Area Bank Limited last Annual general meeting of members was held on 02 Aug 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Balaji Gopalakrishnan was appointed as a Additional Director was appointed as a Additional Director on 17 May 2025 & has been associated with this company since 8 months 2 days . was completed.

  • Balance Sheet

    Progress on Coastal Local Area Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was documented.

  • Director Appointment

    Progress on Indrajit Bardhan was appointed as a Director was appointed as a Director on 17 Oct 2023 & has been associated with this company since 2 years 3 months . was documented.

  • Director Appointment

    The activity Nagalakshmi Ramachandrula was appointed as a Company Secretary was appointed as a Company Secretary on 25 Jun 2021 & has been associated with this company since 4 years 6 months . was completed.

  • Director Appointment

    The activity Thimmichetty Ravee was appointed as a Director was appointed as a Director on 26 Dec 2020 & has been associated with this company since 5 years 22 days . was completed.

Frequently Asked Questions

  • What is the CIN of Coastal Local Area Bank Limited?

    The CIN of Coastal Local Area Bank Limited is U65993AP1999PLC031684.

  • Where is Coastal Local Area Bank Limited headquartered?

    Coastal Local Area Bank Limited is headquartered at D.No.59-12-6, Graceline Ghantalasalavari Street, Gayatri Nagar, Vijayawada, Andhra Pradesh, 520008.

  • When was Coastal Local Area Bank Limited incorporated?

    Coastal Local Area Bank Limited was incorporated on 12 May 1999.

  • Who are the current directors of Coastal Local Area Bank Limited?

    The current directors of Coastal Local Area Bank Limited are

  • What is the primary industry of Coastal Local Area Bank Limited?

    The primary industry of Coastal Local Area Bank Limited is Financial And Insurance Service.

  • Is Coastal Local Area Bank Limited a listed company?

    Coastal Local Area Bank Limited is unlisted.

  • What is the capital structure of Coastal Local Area Bank Limited?

    The authorized capital of Coastal Local Area Bank Limited is ₹45.00 Cr, and the paid-up capital is ₹23.02 Cr.

  • What is the compliance status of Coastal Local Area Bank Limited?

    The compliance status of Coastal Local Area Bank Limited is Compliant.

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