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Comet Tools (Guj ) Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 36 Year, 22 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.75 Cr
- Satisfied Charges ₹ 3.46 Cr
- Revenue Growth 29.69%
- Profit Growth 36.06%
- Ebitda 14.89%
- Net Worth 14.96%
- Total Assets -0.89%
About Comet Tools (Guj )
Comet Tools (Guj ) Pvt Ltd (CTGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 April 1989 and has a history of 36 years. Its registered office is in Rajkot, Gujarat.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.
The company currently has active open charges totaling ₹11.75 Cr. The company has closed loans amounting to ₹3.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jayantilal Garala, Vinodrai Garala, Dineshbhai Marvania, and Four other members serve as directors at the Company.
Company Details
- Location Rajkot, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28939GJ1989PTC012172
- Company No.
012172
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Apr 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Comet Tools (Guj ) Pvt Ltd offer?
Comet Tools (Guj ) Pvt Ltd offers a wide range of products and services, including Forged Components, Cold Forging Parts, Industrial Gaskets, Ring Joint Gaskets.
Comet Tools (Guj ) Pvt Ltd
Explore comprehensive data for Comet Tools (Guj ) Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Comet Tools (Guj )?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayantilal Garala  | Director | 27-Apr-1989 | Current |
| Ankur Garala | Director | 01-Nov-2012 | Current |
| Vinodrai Garala | Director | 27-Apr-1989 | Current |
| Dineshbhai Marvania | Director | 27-Apr-1989 | Current |
| Kishan Garala | Director | 15-May-2023 | Current |
| Kishorbhai Garala | Director | 27-Apr-1989 | Current |
Financial Performance of Comet Tools (Guj ).
Comet Tools (Guj ) Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 29.69% increase. The company also saw a substantial improvement in profitability, with a 36.06% increase in profit. The company's net worth Soared by an impressive increase of 14.96%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Comet Tools (Guj )?
In 2023, Comet Tools (Guj ) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹117.54 M
Satisfied Charges
₹34.57 M
Charges Breakdown by Lending Institutions
- Others : 11.23 Cr
- State Bank Of Saurashtra : 0.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2014 | Others | ₹11.23 Cr | Open |
| 23 Mar 1990 | State Bank Of Saurashtra | ₹2.00 M | Open |
| 23 Mar 1990 | State Bank Of Saurashtra | ₹3.25 M | Open |
| 24 Dec 1996 | State Bank Of India | ₹3.46 Cr | Satisfied |
How Many Employees Work at Comet Tools (Guj )?
Comet Tools (Guj ) has a workforce of 24 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Comet Tools (Guj ), 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 Comet Tools (Guj )'s trajectory.
Rating
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
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 Comet Tools (Guj )
Recent activity within the organization
- Annual General Meeting
Comet Tools (Guj ) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Comet Tools (Guj ) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Kishan Vinodrai Garala was appointed as a Director was appointed as a Director on 15 May 2023 & has been associated with this company since 2 years 5 days .
- Charges
A charge with Others of Rs. 112.29 M registered on 17 Apr 2014 with Charge ID 10500786 was modified on 13 Feb 2023.
- Charges
A charge registered on 24 Dec 1996 via Charge ID 90109533 with State Bank Of India was fully satisfied on 23 May 2014.
- Charges
A charge with Others amounted to Rs. 112.29 M with Charge ID 10500786 was registered on 17 Apr 2014.
Frequently asked questions
What is the Incorporation or founding date of Comet Tools (Guj ) Pvt Ltd?
Comet Tools (Guj ) Pvt Ltd was incorporated on 27 Apr 1989.
What is authorized share capital and paid-up capital of Comet Tools (Guj ) Pvt Ltd?
The authorized share capital of Comet Tools (Guj ) Pvt Ltd is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.
Who are the current board members & directors of Comet Tools (Guj ) Pvt Ltd?
Currently 7 directors are associated with Comet Tools (Guj ) Pvt Ltd.
- Jayantilal Dharamshi Garala
- Vinodrai Dharamshi Garala
- Dineshbhai Liladharbhai Marvania
- Ankur Jayantilal Garala
- Kishan Vinodrai Garala
- Kishorbhai Dharamshibhai Garala
- Bharatkumar Dharamshi Garala
What is the registered address of Comet Tools (Guj ) Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Comet Tools (Guj ) Pvt Ltd is 10 Nilesh Builders Nr Gokulchambers Dhabar Road India, Rajkot, Gujarat.
What is the corporate identification number (CIN) and company number of Comet Tools (Guj ) Pvt Ltd?
The corporate identification number (CIN) of Comet Tools (Guj ) Pvt Ltd is U28939GJ1989PTC012172 and the company number is 012172 as per Ministry of Corporate Affairs (MCA).
What is the official website of Comet Tools (Guj ) Pvt Ltd?
The Official website of Comet Tools (Guj ) Pvt Ltd is https://www.comettools.co.in
What has been the recent revenue trend for Comet Tools (Guj ) Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Comet Tools (Guj ) Pvt Ltd has risen by 29.69%.
How many employees does Comet Tools (Guj ) Pvt Ltd currently have?
As Per 2023 financial reports, 24 employees are currently employed by Comet Tools (Guj ) Pvt Ltd.
What change has been observed in the net worth of Comet Tools (Guj ) Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Comet Tools (Guj ) Pvt Ltd has experienced an upsurge of 14.96%.
What are the total open charges for Comet Tools (Guj ) Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Comet Tools (Guj ) Pvt Ltd amount to ₹ 11.75 Cr.
When was the last Balance Sheet of Comet Tools (Guj ) Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Comet Tools (Guj ) Pvt Ltd was filed with the ROC on 31 Mar 2024.
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