About Corona Technologies India Private Limited
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Corona Technologies India Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52335KL2013PTC033910. Its GSTIN is 32AAFCC2171C1ZC (Kerala).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Alexander Varghese Pattara and Joseph Alexander.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Doorno.27/1175B1 St.Petersenclave Opp.Kairelyapt Panampillynagar, Kochi, Kerala, India – 682036.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.72 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹98,079 (net margin 0.6%) and EBITDA of ₹1.43 Lakh (EBITDA margin 0.8%).
As per MCA filings, the company has open charges of ₹1.2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website coronatech.co.in.
Company details
Contact details
Corona Technologies India Private Limited's registered office is in Kochi, Kerala. Its website is coronatech.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoorno.27/1175B1 St.Petersenclave Opp.Kairelyapt Panampillynagar, Kochi, Kerala, India – 682036
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Corona Technologies India 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
Business activity
The main business activity of Corona Technologies India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Corona Technologies India Private Limited, buy the company report.
Financials of Corona Technologies India Private Limited
FY 2016 filings availableCorona Technologies India Private Limited reported revenue of ₹1.72 Cr (up 634% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 634% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.72 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.43 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹98,079 | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.8% | |
| Net Profit Margin | 0.6% | |
| 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 Corona Technologies India Private Limited, buy the company report.
Board of directors of Corona Technologies India Private Limited
Corona Technologies India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alexander Varghese Pattara Also directs: Bheemghat Agro Products Private Limited | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Joseph Alexander Also directs: Bheemghat Agro Products Private Limited, Rottel Resort Pvt Ltd | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Corona Technologies India Private Limited is audited by R MENON & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R MENON & ASSOCIATES | FY 2016 | 003477S |
Shareholding
The shareholding of Corona Technologies India Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Corona Technologies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2016 | 100066408 | Others | ₹1.2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Corona Technologies India Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (MC) | Filed against the company by Bank of Baroda | Disposed |
To see the full case history of Corona Technologies India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Corona Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Corona Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCC2171C1ZC | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Corona Technologies India Private Limited, buy the company report.
Recent activity
Corona Technologies India Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Ramdas Parakkat ceased to be Director on 29 Nov 2019.
Frequently asked questions
Corona Technologies India is an active private limited company based in Kochi, Kerala, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 April 2013 (13+ years old) and is registered under CIN U52335KL2013PTC033910.
Corona Technologies India has 2 current directors:
- Alexander Varghese Pattara - Director
- Joseph Alexander - Director
The latest financial statements of Corona Technologies India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Corona Technologies India is 32AAFCC2171C1ZC, registered in Kerala.
The CIN (Corporate Identification Number) of Corona Technologies India is U52335KL2013PTC033910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corona Technologies India has 2 court cases on record: 2 filed against it.
Corona Technologies India was incorporated on 24 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ramdas Parakkat ceased to be Director on 29 Nov 2019. Sreelal Girijavallabha Menon ceased to be Director on 29 Nov 2019. Alexander Varghese Pattara ceased to be Additional Director on 30 Sep 2016. Corona Technologies India has 6 board changes on record in total.
Corona Technologies India can be reached through the website coronatech.co.in. Its registered office is in Kochi, Kerala, India.
The registered office of Corona Technologies India is at Doorno.271175B1 St.Petersenclave Opp.Kairelyapt Panampillynagar, Kochi, Kerala, India – 682036.