About Coimbatore Commodities Limited
Data last updated:
Coimbatore Commodities Limited was a public limited company based in Coimbatore, Tamil Nadu, India, operated as a subsidiary of Coimbatore Capital Limited. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 August 2003.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2003PLC010725. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹54 Lakh and a paid-up capital of ₹54 Lakh. It was formerly known as Coimbatore Commodities and Derivatives Limited. It was led by directors including Jaganath Thulasidharan and Doraiswamy Balasundaram.
Its last annual general meeting (AGM) was held on 28 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 771/8B – Part E&E Industrial Estate Campus Avanashi Road Civil Aerodrome Post, Coimbatore, Tamil Nadu, India – 641014.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.93 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹7.61 Lakh (net margin -128.4%) and EBITDA of -₹7.73 Lakh (EBITDA margin -130.5%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 27% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is coimbatorecapital.com.
Company details
Contact details
Coimbatore Commodities Limited's registered office is in Coimbatore, Tamil Nadu. Its website is coimbatorecapital.com. Its e-mail address is in the company report.
- Email
- Website
- Apps
- Registered Address771/8B – Part E&E Industrial Estate Campus Avanashi Road Civil Aerodrome Post, Coimbatore, Tamil Nadu, India – 641014
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Coimbatore Commodities 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 Coimbatore Commodities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Coimbatore Commodities Limited, buy the company report.
Financials of Coimbatore Commodities Limited
FY 2020 filings availableCoimbatore Commodities Limited reported revenue of ₹5.93 Lakh (down 64% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 64% fall in the latest year. EBITDA fell 110% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹7.73 Lakh | ||||
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| Net Profit (PAT) | -₹7.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -130.5% | ||||
| Net Profit Margin | -128.4% | ||||
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To see the full financial statements and ratios of Coimbatore Commodities Limited, buy the company report.
Board of directors of Coimbatore Commodities Limited
Coimbatore Commodities has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaganath Thulasidharan Also directs: Coimbatore Capital Limited, The Rajaratna Mills Private Limited, Elljay Textiles Private Limited and 1 more | Director | 25 Aug 2003 | 23 Years 2 Months | As last reported |
| Doraiswamy Balasundaram | Director | 25 Aug 2003 | 23 Years 2 Months | As last reported |
| Karthikeyan Subbiah | Director | 25 Aug 2003 | 23 Years 2 Months | As last reported |
| Balakirhsna Naidu Venkateswaran | Director | 06 Dec 2005 | 20 Years 10 Months | As last reported |
Auditor
Coimbatore Commodities Limited is audited by M GANGADARAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M GANGADARAN & CO | FY 2019 | 000881S |
Shareholding
The shareholding of Coimbatore Commodities Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Coimbatore Commodities Limited, buy the company report.
Legal cases
Coimbatore Commodities Limited has 1 court case on record: 1 filed by Coimbatore Commodities. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Coimbatore Commodities 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 Coimbatore Commodities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Coimbatore Commodities has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Coimbatore Commodities Limited, buy the company report.
Recent activity
Coimbatore Commodities Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Karthikeyan Subbiah ceased to be Whole-Time Director on 25 Aug 2013.
Frequently asked questions
Coimbatore Commodities has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Coimbatore Commodities was a public limited company based in Coimbatore, Tamil Nadu, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 25 August 2003 and is registered under CIN U51909TZ2003PLC010725. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Coimbatore Commodities was incorporated on 25 August 2003. It is registered with the Registrar of Companies, Coimbatore.
Coimbatore Commodities had 4 directors:
- Jaganath Thulasidharan - Director
- Doraiswamy Balasundaram - Director
- Karthikeyan Subbiah - Director
- Balakirhsna Naidu Venkateswaran - Director
The CIN (Corporate Identification Number) of Coimbatore Commodities is U51909TZ2003PLC010725. 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 Coimbatore Commodities is at 7718B – Part E&E Industrial Estate Campus Avanashi Road Civil Aerodrome Post, Coimbatore, Tamil Nadu, India – 641014.
Coimbatore Commodities can be reached through the website coimbatorecapital.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The latest financial statements of Coimbatore Commodities on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 September 2020. Year-wise statements from 2015 are in the company report.
No. Coimbatore Commodities has 1 GST registration on record and it is cancelled or inactive.
Coimbatore Commodities operated in the financial services industry, in the brokerage and trading services segment.