Core Education & Technologies Limited

Core Education & Technologies Limited - information technology in Navi Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN L51900MH1985PLC035915 Incorporated 11 April 1985 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Under Liquidation Listed Public Limited Company information technology
Data last updated
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹22.9 Cr
Issued & subscribed
Open charges
₹1,506.84 Cr
Satisfied ₹582.28 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
17
Provident fund records
Directors on board
5
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
GST registrations
10
None active

About Core Education & Technologies Limited

Data last updated:

Core Education & Technologies Limited is a public limited company based in Navi Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 April 1985.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1985PLC035915. The company has 10 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹22.9 Cr. It is led by directors including Sanjeev Gandhavraj Mansotra and Sunder Shyam Dua.

Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at Unit No. 1 – 4 Building No.4 Sector III Millennium Business Park Mahape, Navi Mumbai, Maharashtra, India – 400710.

The company has about 17 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1,506.84 Cr and satisfied charges of ₹582.28 Cr on record. Court records list 113 cases involving the company, including 23 filed by the company and 90 filed against it; 19 cases are pending. The company has 54 deals on record (49 market trades, 4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.72 Cr; the latest was in March 2015.

The last known website on record is core-edutech.com.

Company details

CIN L51900MH1985PLC035915
Registration Number 035915
Incorporation Date 11 April 1985
ROC Mumbai
Listing Status Listed - Delisted from NSE on 02 Jul 2018 · winding up; Delisted from BSE on 14 Feb 2020 · winding up
Company Status Under Liquidation
Date of Last AGM 30 September 2014
Date of Balance Sheet 31 March 2014

CIN history

Core Education & Technologies has one previous CIN (Corporate Identification Number): U51900MH1985PLC035915. The current CIN is L51900MH1985PLC035915, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51900MH1985PLC035915Current
U51900MH1985PLC035915Previous

Contact details

Core Education & Technologies Limited's registered office is in Navi Mumbai, Maharashtra.

  • Social Media
  • Registered Address
    Unit No. 1 – 4 Building No.4 Sector III Millennium Business Park Mahape, Navi Mumbai, Maharashtra, India – 400710
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Core Education & Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Core Education & Technologies Limited

FY 2014 filings available

Financial Statement Summary

MetricsFY 2013-14
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2013-14
Profitability
EBITDA Margin
Net Profit Margin
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 Core Education & Technologies Limited, buy the company report.

Board of directors and KMP of Core Education & Technologies Limited

Core Education & Technologies Limited currently reports 4 directors and 1 key managerial person. 11 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Sanjeev Gandhavraj MansotraDirector12 May 200323 Years 5 MonthsAs last reported
Sunder Shyam DuaDirector27 Jan 200521 Years 9 MonthsAs last reported
Harihar Krishna IyerDirector26 Jul 200719 Years 3 MonthsAs last reported
Nikhil Champaklal MorsawalaDirector22 Dec 200520 Years 10 MonthsAs last reported
Ashutosh Madhav GhareCeo14 Nov 201411 Years 11 MonthsAs last reported

Charges & borrowings

Open charges
₹1,506.84 Cr
Satisfied charges
₹582.28 Cr
Breakdown by lending institutions
Axis Trustee Services Limited₹745.75 Cr
Standard Chartered Bank₹199.40 Cr
Il&Fs Financial Services Limited₹130.00 Cr
Dbs Bank Limited₹77.00 Cr
Oriental Bank of Commerce₹70.00 Cr
Others₹284.69 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Sep 201310452259Axis Trustee Services Limited₹27 CrOpen
09 May 201310431728Axis Trustee Services Limited₹97 CrOpen
26 Dec 201210394494Others₹20 CrOpen
19 Dec 201210393814The Jammu and Kashmir Bank Limited.₹40 CrOpen
29 Nov 201210486024Il&Fs Financial Services Limited₹130 CrOpen

To see the full charge records of Core Education & Technologies Limited, buy the company report.

Total charge records: 51 View all charges

Deals & funding

Core Education & Technologies Limited has 54 deals on record (49 market trades, 4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.72 Cr; the latest was in March 2015.

Total deals
54
Market trades
49
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹16.72 Cr

Deals on record (5 of 54)

To see the full deal history of Core Education & Technologies Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Core Education & Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Core Education & Technologies has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
10
Cancelled / inactive
10

To see the full GST registrations and return filing status of Core Education & Technologies Limited, buy the company report.

Recent activity

Core Education & Technologies Limited has 27 board changes on record since 2003: 16 appointments and 11 cessations. The latest: Ganesh Umashankar ceased to be Company Secretary on 31 Dec 2014.

Charges
A charge with Others of Rs. 20.00 Cr registered on 26 Dec 2012 with Charge ID 10394494 was modified on 30 Nov 2017.
Ceased
Ganesh Umashankar ceased to be Company Secretary.
Appointed
Ashutosh Madhav Ghare was appointed as CEO.
Ceased
Nareshkumar Satprakash Sharma ceased to be Whole-Time Director.
AGM
Core Education & Technologies Limited last Annual general meeting of members was held on 30 Sep 2014 as per latest MCA records.
Ceased
Pundi Lakshmi Narasimham ceased to be Director.
Filing
Core Education & Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Mumbai.
Charges
A charge with Axis Trustee Services Limited of Rs. 483.75 Cr registered on 16 Aug 2012 with Charge ID 10375139 was modified on 18 Feb 2014.
Ceased
Arun Shankarrao Nigavekar ceased to be Whole-Time Director.
Charges
A charge with Axis Trustee Services Limited amounted to Rs. 27.00 Cr with Charge ID 10452259 was registered on 24 Sep 2013.
Appointed
Pundi Lakshmi Narasimham was appointed as Director.
Ceased
Awinash Marutirao Arondekar ceased to be Director.

99 earlier events are in the company report.

Frequently asked questions

Core Education & Technologies is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Core Education & Technologies is a company under liquidation, formerly operating as a public limited company based in Navi Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 April 1985 and is registered under CIN L51900MH1985PLC035915. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Core Education & Technologies has 5 current directors and KMP:

The latest financial statements of Core Education & Technologies on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Core Education & Technologies is L51900MH1985PLC035915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Core Education & Technologies is recorded as a listed company by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.

Core Education & Technologies has open charges of ₹1,506.84 Cr and satisfied charges of ₹582.28 Cr as per latest MCA filings.

Core Education & Technologies has 113 court cases on record: 23 filed by the company and 90 filed against it. 19 are pending. Most are in the district courts.

Core Education & Technologies was incorporated on 11 April 1985. It is registered with the Registrar of Companies, Mumbai.

Core Education & Technologies has 54 deals on record (49 market trades, 4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹16.72 Cr; the latest was in March 2015.