Cormit Elect Projects Private Limited - Company Profile

It is a engineering private limited company based in Nagapattinam, Tamil Nadu, India, established in 2017.
2017 Nagapattinam, Tamil Nadu, India Active
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About Cormit Elect Projects Private Limited

Cormit Elect Projects Private Limited, a active private limited company, was established on 12 January 2017 in Nagapattinam, Tamil Nadu, India. Engaging in procurement & construction (epc) within the construction sector, it holds CIN: U74999TN2017PTC114116. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹3.59 M.

It upholds a compliant status. Employing 6 professional, Its leadership includes Raja Sivagnanam (Director), Saravanan Sivagnanam (Director), Sundaram Chinnappan (Additional Director). Past directors included Raja Sivagnanam, Saravanan Sivagnanam. It holds ₹7.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 7 A Rvg Nagar, Kadambadi, Nagapattinam, Tamil Nadu, 611001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U74999TN2017PTC114116

  • Registration Number

    114116

  • Incorporation Date

    12 January 2017

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹3.59 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.59 M
  • Company Age 9 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.50 M
  • Revenue Growth **** 26.81%
  • Profit Growth **** 2.67%
  • Ebitda **** 8.26%
  • Net Worth 13.44%
  • Total Assets **** 3.84%
Company report

Cormit Elect Projects Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Cormit Elect Projects 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 Cormit Elect Projects Private Limited?
Current Directors
Name Designation Appointment Date Status
Raja Sivagnanam Director 12 Jan 2017 Current
Saravanan Sivagnanam Director 12 Jan 2017 Current
Sundaram Chinnappan Additional Director 27 Aug 2025 Current
Raja Varuna Additional Director 27 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 12 Oct 2025 Past
Pramod Abcsdd Director 27 Aug 2025 Past

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Financial Performance of Cormit Elect Projects.

Cormit Elect Projects Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.81% increase. The company also saw a slight improvement in profitability, with a 2.67% increase in profit. The company's net worth Soared by an impressive increase of 13.44%.

Cormit Elect Projects revenue growth over time
Cormit Elect Projects profit and loss trends over time
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
  • 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
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 26.81%
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*******
*******
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Revenue from Operations
*******
 26.86%
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*******
*******
*******
Total Assets
*******
 3.84%
*******
*******
*******
*******
Profit or Loss
*******
 2.67%
*******
*******
*******
*******
Net Worth
*******
 13.44%
*******
*******
*******
*******
EBITDA
*******
 8.26%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Cormit Elect Projects?

In 2023, Cormit Elect Projects 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)
shareholding
  • 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

₹7,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.75 Cr
Latest Charge Details
Date Lender Amount Status
27 Jun 2018 Others ₹7.50 M Open

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How Many Employees Work at Cormit Elect Projects?

Cormit Elect Projects has a workforce of 6 employees as of Apr 08, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cormit Elect Projects, 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 Cormit Elect Projects's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Cormit Elect Projects
Recent Activity within the Organization
  • Director Appointment

    Progress on Raja Varuna was appointed as a Additional Director was appointed as a Additional Director on 27 Nov 2025 & has been associated with this company since 2 months 15 days . was documented.

  • Director Appointment

    The activity Sundaram Chinnappan was appointed as a Additional Director was appointed as a Additional Director on 27 Aug 2025 & has been associated with this company since 5 months 15 days . was completed.

  • Charges

    Progress on A charge with Others of Rs. 7.50 M registered on 27 Jun 2018 with Charge ID 100211026 was modified on 08 Oct 2024. was documented.

  • Annual General Meeting

    The activity Cormit Elect Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Cormit Elect Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100211026 was registered on 27 Jun 2018. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Cormit Elect Projects Private Limited?

The CIN of Cormit Elect Projects Private Limited is U74999TN2017PTC114116.

Where is Cormit Elect Projects Private Limited headquartered?

Cormit Elect Projects Private Limited is headquartered at 7 A Rvg Nagar, Kadambadi, Nagapattinam, Tamil Nadu, 611001.

When was Cormit Elect Projects Private Limited incorporated?

Cormit Elect Projects Private Limited was incorporated on 12 January 2017.

Who are the current directors of Cormit Elect Projects Private Limited?

The current directors of Cormit Elect Projects Private Limited are

What is the primary industry of Cormit Elect Projects Private Limited?

The primary industry of Cormit Elect Projects Private Limited is Construction.

Is Cormit Elect Projects Private Limited a listed company?

Cormit Elect Projects Private Limited is unlisted.

What is the capital structure of Cormit Elect Projects Private Limited?

The authorized capital of Cormit Elect Projects Private Limited is ₹4.00 M, and the paid-up capital is ₹3.59 M.

What is the compliance status of Cormit Elect Projects Private Limited?

The compliance status of Cormit Elect Projects Private Limited is Compliant.

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