Coral Nutraceuticals Private Limited
About Coral Nutraceuticals Private Limited
Data last updated:
Coral Nutraceuticals Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 29 September 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24239TN2011PTC082558. Its GSTIN is 33AAECC5553F1ZX (Tamil Nadu).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Veeraraghavan Santhanam and Krishnan Narayanan Iyer.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at No.7 1st Floor 10th Cross Street Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.29 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹21.42 Lakh (net margin -23.5%) and EBITDA of -₹20.82 Lakh (EBITDA margin -22.8%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 37% over five years.
Company details
Contact details
Coral Nutraceuticals Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.7 1st Floor 10th Cross Street Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Coral Nutraceuticals 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 activity of Coral Nutraceuticals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Coral Nutraceuticals Private Limited, buy the company report.
Financials of Coral Nutraceuticals Private Limited
FY 2024 filings availableCoral Nutraceuticals Private Limited reported revenue of ₹91.29 Lakh (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 89% fall in the latest year. EBITDA fell 608% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹20.82 Lakh | ||||
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| Net Profit (PAT) | -₹21.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -22.8% | ||||
| Net Profit Margin | -23.5% | ||||
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To see the full financial statements and ratios of Coral Nutraceuticals Private Limited, buy the company report.
Board of directors of Coral Nutraceuticals Private Limited
Coral Nutraceuticals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veeraraghavan Santhanam | Director | 29 Jan 2016 | 10 Years 9 Months | As last reported |
| Krishnan Narayanan Iyer | Director | 30 Sep 2016 | 10 Years 1 Months | As last reported |
Shareholding
The shareholding of Coral Nutraceuticals Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Coral Nutraceuticals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Coral Nutraceuticals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Coral Nutraceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Coral Nutraceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECC5553F1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Coral Nutraceuticals Private Limited, buy the company report.
Recent activity
Coral Nutraceuticals Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Santhanam Karthikeyan ceased to be Director on 26 Dec 2018.
Frequently asked questions
Coral Nutraceuticals has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Coral Nutraceuticals was a private limited company based in Chennai, Tamil Nadu, India. The company worked in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 29 September 2011 and is registered under CIN U24239TN2011PTC082558. The company has been struck off by the Registrar of Companies and is no longer operational.
Coral Nutraceuticals had 2 directors:
- Veeraraghavan Santhanam - Director
- Krishnan Narayanan Iyer - Director
The CIN (Corporate Identification Number) of Coral Nutraceuticals is U24239TN2011PTC082558. 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 Coral Nutraceuticals is at No.7 1st Floor 10th Cross Street Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
Coral Nutraceuticals was incorporated on 29 September 2011. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Coral Nutraceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Coral Nutraceuticals is 33AAECC5553F1ZX, registered in Tamil Nadu.
Coral Nutraceuticals operated in the pharma industry, in the pharmaceutical retailers and distributors segment. It worked in this industry before it was struck off.
Santhanam Karthikeyan ceased to be Director on 26 Dec 2018. Devanathan Malathy ceased to be Director on 31 Aug 2018. Srisailan Krishnamurthy ceased to be Director on 03 Oct 2016. Coral Nutraceuticals has 7 board changes on record in total.
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