Coral Venture Private Limited

Coral Venture Private Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74900MH2007PTC176463 Incorporated 04 December 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company financial services
Data last updated
Revenue · FY 2023
₹53.15 Lakh
▲ 11% YoY
Net profit · FY 2023
₹16.79 Lakh
Net margin 31.6%
EBITDA · FY 2023
₹31.23 Lakh
EBITDA margin 58.8%
Authorised capital
₹22 Lakh
Registered with MCA
Paid-up capital
₹21.33 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Coral Venture Private Limited

Data last updated:

Coral Venture Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 04 December 2007.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2007PTC176463.

The company had an authorised share capital of ₹22 Lakh and a paid-up capital of ₹21.33 Lakh. It was led by directors Ranjeetsingh Dungarsingh Deora and Pachamkunwer Mangalsingh Rathod.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at B/406 Mayur Co – Op. Hsg.Soc. Ltd Sodawala Cross Road Borivali (West), Mumbai, Maharashtra, India – 400092.

As per the financials filed for FY 2023, the company reported a revenue of ₹53.15 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹16.79 Lakh (net margin 31.6%) and EBITDA of ₹31.23 Lakh (EBITDA margin 58.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 11% over five years.

Court records list 9 cases involving the company, including 9 filed by the company; 3 cases are pending.

The last known website on record is rathoregroup.co.

Company details

CIN U74900MH2007PTC176463
Registration Number 176463
Incorporation Date 04 December 2007
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

Contact details

Coral Venture Private Limited's registered office is in Mumbai, Maharashtra. Its website is rathoregroup.co. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B/406 Mayur Co – Op. Hsg.Soc. Ltd Sodawala Cross Road Borivali (West), Mumbai, Maharashtra, India – 400092
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Coral Venture Private Limited, buy the company report.

Comprehensive company report
Coral Venture Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Coral Venture is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Coral Venture Private Limited, buy the company report.

Financials of Coral Venture Private Limited

FY 2023 filings available

Coral Venture Private Limited reported revenue of ₹53.15 Lakh (up 11% YoY) for FY 2023.

Revenue · FY 2023
₹53.15 Lakh ▲ 11%
Net profit · FY 2023
₹16.79 Lakh margin 31.6%
EBITDA · FY 2023
₹31.23 Lakh margin 58.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 11%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 13%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 11% growth in the latest year. EBITDA rose 22% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹53.15 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹31.23 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16.79 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin58.8%
Net Profit Margin31.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Coral Venture Private Limited, buy the company report.

Board of directors of Coral Venture Private Limited

Coral Venture has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ranjeetsingh Dungarsingh DeoraDirector08 Aug 200917 Years 2 MonthsAs last reported
Pachamkunwer Mangalsingh RathodDirector08 Aug 200917 Years 2 MonthsAs last reported

Peer comparison

Coral Venture Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Realable Financial Services Private Limited₹53.22 Lakh (FY 2025)-58.0%Kolkata, West Bengal, India
Chitman Kuries Private Limited₹53.21 Lakh (FY 2025)6.0%Thrissur, Kerala, India
Coral Venture Private Limitedthis company₹53.15 Lakh (FY 2023)₹16.79 Lakh31.6%11.0%Mumbai, Maharashtra, India
Saubhagya Investors and Dealers Private Limited₹53.13 Lakh (FY 2025)15.0%Ahmedabad, Gujarat, India
Vedaraniam Nidhi Limited₹53.08 Lakh (FY 2025)0.0%Vedaraniam, Tamil Nadu, India
Fintrust Solutions Private Limited₹53.07 Lakh (FY 2018)Guntur, Andhra Pradesh, India

To see the full peer comparison of Coral Venture Private Limited, buy the company report.

Auditor

Coral Venture Private Limited is audited by SHAH & RATHOD for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHAH & RATHODFY 2023136741W

Shareholding

The shareholding of Coral Venture Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Coral Venture Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Coral Venture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Coral Venture has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Associated companies

GST

No GST registration is on our record for Coral Venture Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Coral Venture Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Eknath Narayan Mandavkar ceased to be Director on 25 Apr 2011.

AGM
Coral Venture Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Coral Venture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Eknath Narayan Mandavkar ceased to be Director.
Ceased
Milan Mukherjee ceased to be Director.
Appointed
Pachamkunwer Mangalsingh Rathod was appointed as Director.
Appointed
Ranjeetsingh Dungarsingh Deora was appointed as Director.
Incorporation
04 Dec 2007
Coral Venture Private Limited was registered on 04 Dec 2007 with Roc Mumbai & aged 18 years 11 months as per MCA records.

Frequently asked questions

Coral Venture has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Coral Venture was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 04 December 2007 and is registered under CIN U74900MH2007PTC176463. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Coral Venture was incorporated on 04 December 2007. It is registered with the Registrar of Companies, Mumbai.

Coral Venture had 2 directors:

The CIN (Corporate Identification Number) of Coral Venture is U74900MH2007PTC176463. 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 Venture is at B406 Mayur Co – Op. Hsg.Soc. Ltd Sodawala Cross Road Borivali West, Mumbai, Maharashtra, India – 400092.

Coral Venture can be reached through the website rathoregroup.co. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Coral Venture on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

Coral Venture operated in the financial services industry, in the diversified financial services segment.

The peers of Coral Venture by revenue are Realable Financial Services Private Limited, Chitman Kuries Private Limited, Saubhagya Investors and Dealers Private Limited, Vedaraniam Nidhi Limited, Fintrust Solutions Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).

Coral Venture has 9 court cases on record: 9 filed by the company. 3 are pending. Most are in the district courts.