Corona Power Solutions Private Limited
About Corona Power Solutions Private Limited
Data last updated:
Corona Power Solutions Private Limited was a private limited company based in Hyderabad, Telangana, 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 electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 February 2012.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40300TG2012PTC079094.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Mohan Sagar and Krishna Sagar Bobba.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 201 Bandaru Bhavan 8 – 3 – 318/6/6 Engineers Colony Yousufguda, Hyderabad, Telangana, India – 500073.
As per MCA filings, the company had satisfied charges of ₹20 Lakh on record.
Company details
CIN history
Corona Power Solutions has one previous CIN (Corporate Identification Number): U40300AP2012PTC079094. The current CIN is U40300TG2012PTC079094, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300TG2012PTC079094 | Current |
| U40300AP2012PTC079094 | Previous |
Contact details
Corona Power Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address201 Bandaru Bhavan 8 – 3 – 318/6/6 Engineers Colony Yousufguda, Hyderabad, Telangana, India – 500073
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Corona Power Solutions 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
Financials of Corona Power Solutions Private Limited
FY 2021 filings availableCorona Power Solutions Private Limited reported revenue of ₹477 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 85% over five years. 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
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| Total Revenue | ₹477 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Corona Power Solutions Private Limited, buy the company report.
Board of directors of Corona Power Solutions Private Limited
Corona Power Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Sagar Also directs: New Plastic Solutions LLP | Director | 10 Feb 2012 | 14 Years 8 Months | As last reported |
| Krishna Sagar Bobba Also directs: Ksa Consultants Pvt Ltd | Director | 16 Nov 2012 | 13 Years 11 Months | As last reported |
Auditor
Corona Power Solutions Private Limited is audited by G P ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P ASSOCIATES | FY 2020 | 006734S |
Shareholding
The shareholding of Corona Power Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Corona Power Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2013 | 10405928 | Allahabad Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Corona Power Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Corona Power Solutions 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 Corona Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Corona Power Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Corona Power Solutions Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Krishna Sagar Bobba ceased to be Additional Director on 09 Aug 2013.
Frequently asked questions
Corona Power Solutions 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.
Corona Power Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 February 2012 and is registered under CIN U40300TG2012PTC079094. The company has been struck off by the Registrar of Companies and is no longer operational.
Corona Power Solutions had 2 directors:
- Mohan Sagar - Director
- Krishna Sagar Bobba - Director
The CIN (Corporate Identification Number) of Corona Power Solutions is U40300TG2012PTC079094. 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 Corona Power Solutions is at 201 Bandaru Bhavan 8 – 3 – 31866 Engineers Colony Yousufguda, Hyderabad, Telangana, India – 500073.
Corona Power Solutions was incorporated on 10 February 2012. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Corona Power Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Corona Power Solutions operated in the consumer electronics and durables industry, in the electronics manufacturing segment. It worked in this industry before it was struck off.
Krishna Sagar Bobba ceased to be Additional Director on 09 Aug 2013. Krishna Chaitanya Yarlagadda ceased to be Director on 16 Nov 2012. Krishna Sagar Bobba was appointed as Director on 16 Nov 2012. Corona Power Solutions has 4 board changes on record in total.
Corona Power Solutions has no open charges and satisfied charges of ₹20 Lakh as per latest MCA filings.
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