Corr Elect Engineering Private Limited

Corr Elect Engineering Private Limited - electrnoics in Bhubaneswar, Odisha, India. Directors, charges & compliance details.
CIN U31900OR2020PTC033937 Incorporated 29 August 2020 ROC Cuttack HQ Bhubaneswar, Odisha, India
Active Private Limited Company electrnoics MSME · Micro
Data last updated
Revenue · FY 2024
₹1.21 Cr
▲ 187% YoY
Net profit · FY 2024
₹3.64 Lakh
Net margin 3%
EBITDA · FY 2024
₹8.77 Lakh
EBITDA margin 7.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Corr Elect Engineering Private Limited

Data last updated:

Corr Elect Engineering Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 29 August 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U31900OR2020PTC033937.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Abinash Padhy and Lipsa Dash.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Duplex No.83 2nd Phase Metro Satelite City Hanspal, Bhubaneswar, Odisha, India – 752101.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.64 Lakh (net margin 3%) and EBITDA of ₹8.77 Lakh (EBITDA margin 7.2%).

Corr Elect Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0023112).

Company details

CIN U31900OR2020PTC033937
Registration Number 033937
Incorporation Date 29 August 2020
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0023112

Recognitions & Rankings of Corr Elect Engineering

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-OD-19-0023112

Contact details

Corr Elect Engineering Private Limited's registered office is in Bhubaneswar, Odisha.

  • Registered Address
    Duplex No.83 2nd Phase Metro Satelite City Hanspal, Bhubaneswar, Odisha, India – 752101
  • Industry
    Electrnoics, Electrical Equipment, Manufacturing
Comprehensive company report
Corr Elect Engineering Private 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
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Business activity

The main business activity of Corr Elect Engineering is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Corr Elect Engineering Private Limited, buy the company report.

Financials of Corr Elect Engineering Private Limited

FY 2024 filings available

Corr Elect Engineering Private Limited reported revenue of ₹1.21 Cr (up 187% YoY) for FY 2024.

Revenue · FY 2024
₹1.21 Cr ▲ 187%
Net profit · FY 2024
₹3.64 Lakh margin 3%
EBITDA · FY 2024
₹8.77 Lakh margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 187%
EBITDA CAGR growth
1 year
▲ 118%
3 years · compounded
▲ 142%

Revenue rose 187% in the latest year. EBITDA rose 118% in the latest year. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹8.77 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.64 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.2%
Net Profit Margin3%
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 Corr Elect Engineering Private Limited, buy the company report.

Board of directors of Corr Elect Engineering Private Limited

Corr Elect Engineering has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Lipsa DashAdditional Director02 Nov 20233 Years 0 MonthsCurrent
Nrusingh Charan NayakAdditional Director03 Mar 20215 Years 8 MonthsCurrent
Abinash PadhyDirector29 Aug 20206 Years 2 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Corr Elect Engineering 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 Corr Elect Engineering Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Corr Elect Engineering Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Lipsa Dash was appointed as Additional Director on 02 Nov 2023.

AGM
Corr Elect Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Corr Elect Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Appointed
Lipsa Dash was appointed as Additional Director.
Ceased
Mahesh Prasad Dash ceased to be Additional Director.
Ceased
Rashmi Ranjan Behera ceased to be Director.
Appointed
Nrusingh Charan Nayak was appointed as Additional Director.
Appointed
Abinash Padhy was appointed as Director.
Incorporation
29 Aug 2020
Corr Elect Engineering Private Limited was registered on 29 Aug 2020 with Roc Cuttack & aged 6 years 2 months as per MCA records.

Frequently asked questions

Corr Elect Engineering is an active private limited company based in Bhubaneswar, Odisha, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 29 August 2020 (6+ years old) and is registered under CIN U31900OR2020PTC033937.

Corr Elect Engineering has 3 current directors:

The latest financial statements of Corr Elect Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Corr Elect Engineering is U31900OR2020PTC033937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Corr Elect Engineering was incorporated on 29 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.

Lipsa Dash was appointed as Additional Director on 02 Nov 2023. Mahesh Prasad Dash ceased to be Additional Director on 30 Oct 2023. Rashmi Ranjan Behera ceased to be Director on 15 Jul 2021. Corr Elect Engineering has 5 board changes on record in total.

Yes, Corr Elect Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0023112).

The registered office of Corr Elect Engineering is at Duplex No.83 2nd Phase Metro Satelite City Hanspal, Bhubaneswar, Odisha, India – 752101.

Corr Elect Engineering operates in the electronics industry, in the electrical equipment segment.

Corr Elect Engineering can be reached at its registered office: Duplex No.83 2nd Phase Metro Satelite City Hanspal, Bhubaneswar, Odisha, India – 752101.