Coretec Engineering India Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 1998.

1998 Bangalore, Karnataka, India Active

Last Updated: December 18, 2025

About Coretec Engineering India Private Limited

Coretec Engineering India Private Limited, a active private limited company, was established on 18 June 1998 in Bangalore, Karnataka, India. Engaging in hydraulic machinery & equipment within the manufacturing sector, it holds CIN: U29246KA1998PTC023863. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.62 Cr.

It upholds a compliant status. Its leadership includes Kandachar Gopalarao Ravi (Director), Shashikant Kala Naik (Director), Venkatakrishnan Ananthanarayan (Director). Past directors included Santhappan Antony Cruz, Prasanna Ramachar Tirumalai, Venkatakrishnan Ananthanarayan. It holds ₹14.00 Cr open charges and ₹1.84 Cr settled loans. Its latest AGM occurred on 08 September 2025, with the balance sheet filed on 31 March 2025. It is based at B-59, Dyavasandra Industrial Estate, Mahadevapura, Whitefield Road,, Bangalore, Karnataka, 560048.

Company Details

CIN/LLPIN
U29246KA1998PTC023863
Registration Number
023863
Incorporation Date
18 June 1998
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹3.62 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 18-12-2025
Paid Up Capital ₹ 3.62 Cr as on 18-12-2025
Company Age 27 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 14.00 Cr as on 18-12-2025
Satisfied Charges ₹ 1.84 Cr as on 18-12-2025
Revenue Growth **** 32.85% (FY 2023)
Profit Growth **** 86.30% (FY 2023)
Ebitda **** 556.41% (FY 2023)
Net Worth -18.79% (FY 2023)
Total Assets **** 5.66% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Coretec Engineering India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Coretec Engineering India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kandachar Gopalarao Ravi	Director	25 Jul 2011	Current
Shashikant Kala Naik	Director	25 Jul 2011	Current
Venkatakrishnan Ananthanarayan	Director	01 Oct 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Jul 2011	Past
Pramod Abcsdd	Managing Director	31 Jan 2014	Past
Pramod Abcsdd	Additional Director	28 Jan 2019	Past

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Financial Performance of Coretec Engineering India.

Coretec Engineering India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.85% increase. The company also saw a substantial improvement in profitability, with a 86.3% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.79%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

32.85%

*******

Revenue from Operations

*******

36.13%

*******

Total Assets

*******

5.66%

*******

Profit or Loss

*******

86.30%

*******

Net Worth

*******

-18.79%

*******

EBITDA

*******

556.41%

*******

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What is the Ownership and Shareholding Structure of Coretec Engineering India?

In 2023, Coretec Engineering India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹140,000,000.00

Satisfied Charges

₹18,400,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 14.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Aug 2017	Hdfc Bank Limited	₹7.50 Cr	Open
07 Apr 2017	Hdfc Bank Limited	₹6.50 Cr	Open
09 Mar 2005	State Bank Of India	₹1.84 Cr	Satisfied

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How Many Employees Work at Coretec Engineering India?

Unlock and access historical data on people associated with Coretec Engineering India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Coretec Engineering India, 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 Coretec Engineering India'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.

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Latest Updates, News, and FAQs on Coretec Engineering India

Recent Activity within the Organization

Annual General Meeting

Coretec Engineering India Private Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records. was recorded as a recent event.
08 Sep 2025
Balance Sheet

The activity Coretec Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

The activity Venkatakrishnan Ananthanarayan was appointed as a Director was appointed as a Director on 01 Oct 2018 & has been associated with this company since 7 years 5 months . was completed.
01 Oct 2018
Charges

A charge with Hdfc Bank Limited amounted to Rs. 7.50 Cr with Charge ID 100125909 was registered on 10 Aug 2017. was recorded as a recent event.
10 Aug 2017
Charges

A charge registered on 09 Mar 2005 via Charge ID 80014860 with State Bank Of India was fully satisfied on 11 May 2017. was recorded as a recent event.
11 May 2017
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 6.50 Cr with Charge ID 100097677 was registered on 07 Apr 2017. was documented.
07 Apr 2017

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Frequently Asked Questions

What is the CIN of Coretec Engineering India Private Limited?

The CIN of Coretec Engineering India Private Limited is U29246KA1998PTC023863.

Where is Coretec Engineering India Private Limited headquartered?

Coretec Engineering India Private Limited is headquartered at B-59, Dyavasandra Industrial Estate, Mahadevapura, Whitefield Road,, Bangalore, Karnataka, 560048.

When was Coretec Engineering India Private Limited incorporated?

Coretec Engineering India Private Limited was incorporated on 18 June 1998.

Who are the current directors of Coretec Engineering India Private Limited?

The current directors of Coretec Engineering India Private Limited are

What is the primary industry of Coretec Engineering India Private Limited?

The primary industry of Coretec Engineering India Private Limited is Manufacturing.

Is Coretec Engineering India Private Limited a listed company?

Coretec Engineering India Private Limited is unlisted.

What is the capital structure of Coretec Engineering India Private Limited?

The authorized capital of Coretec Engineering India Private Limited is ₹5.00 Cr, and the paid-up capital is ₹3.62 Cr.

What is the compliance status of Coretec Engineering India Private Limited?

The compliance status of Coretec Engineering India Private Limited is Compliant.

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