About Corrucase Limited
Data last updated:
Corrucase Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the paper segment of the packaging sector. It was incorporated on 25 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21099MH2016PLC281558. Its GSTIN is 27AAGCK1788E2ZC (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹10.9 Cr. It was formerly known as Khetan Corru-Case Private Limited and Corrucase Private Limited. It is led by directors including Ashok Sedulal Khetan (Managing Director) and Ayush Ashok Khetan (Whole-Time Director).
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 711 7th Floor Parmeshwari Center Off Madan Malviyan Marg, Nahar Village Mulund – West Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.77 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Cr (net margin 3%) and EBITDA of ₹12.76 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 24% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62.76 Cr and satisfied charges of ₹36.1 Cr on record. Court records list 1 case involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corrucase.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address711 7th Floor Parmeshwari Center Off Madan Malviyan Marg, Nahar Village Mulund – West Mumbai, Maharashtra, India – 400080
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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
- One PDF report, delivered after checkout
Name History of Corrucase Limited
Corrucase has undergone 3 name changes throughout its history. The company was previously known as Khetan Corru-Case Private Limited, Corrucase Private Limited, and Corrucase Limited. The current legal name is Corrucase Limited.
| Company Name | Status |
|---|---|
| Corrucase Limited | Current |
| Khetan Corru-Case Private Limited | Previous |
| Corrucase Private Limited | Previous |
CIN History of Corrucase Limited
Corrucase has one previous CIN (Corporate Identification Number): U21099MH2016PTC281558. The current CIN is U21099MH2016PLC281558, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21099MH2016PLC281558 | Current |
| U21099MH2016PTC281558 | Previous |
Business Activity of Corrucase Limited
The main business activity of Corrucase is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Corrucase Limited
Corrucase has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayush Ashok Khetan | Whole-Time Director | 25 May 2016 | 10 Years 4 Months | Current |
| Ashok Sedulal Khetan | Managing Director | 25 May 2016 | 10 Years 4 Months | Current |
| Madhiyazhagan Govindan Also directs: Endeka Ceramics India Private Limited | Director | 29 Jul 2025 | 1 Years 2 Months | Current |
| Urvish Vinodchandra Jardosh | Director | 01 Nov 2025 | 0 Years 11 Months | Current |
| Jaya Ashok Bhardwaj | Director | 01 Nov 2025 | 0 Years 11 Months | Current |
Financials of Corrucase Limited FY 2024 filings available
Corrucase Limited reported revenue of ₹98.77 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Corrucase Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 32% growth in the latest year. EBITDA rose 23% 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 of Corrucase Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹12.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.97 Cr | •••• | •••• | •••• | •••• |
| 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 of Corrucase Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Corrucase are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Corrucase Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Nov 2025 | Sidbi | ₹3 Cr | Open |
| 29 Aug 2025 | Sidbi | ₹1 Cr | Open |
| 26 Sep 2024 | Citi Bank N.A. | ₹2 Cr | Open |
| 26 Sep 2024 | Citi Bank N.A. | ₹1.55 Cr | Open |
| 26 Sep 2024 | Citi Bank N.A. | ₹2.03 Cr | Open |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Corrucase Limited
Employment history and EPFO contributions of people linked to Corrucase.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Corrucase Limited
Corrucase has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK1788E2ZC | Maharashtra | Active | 04 Oct 2017 |
| 36AAGCK1788E1ZE | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Corrucase Limited
Corrucase Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahabubnagar, Telangana | Civil suit | Company is another party | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Corrucase Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Corrucase Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Corrucase Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Corrucase Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Corrucase Limited
Frequently Asked Questions about Corrucase Limited
Corrucase is an active public limited company based in Mumbai, Maharashtra, India. The company works in paper, within the packaging industry. It was incorporated on 25 May 2016 (10+ years old) and is registered under CIN U21099MH2016PLC281558.
Corrucase reported revenue of ₹98.77 Cr for FY 2025 (up 32% YoY).
Corrucase has 5 current directors:
- Ashok Sedulal Khetan - Managing Director
- Ayush Ashok Khetan - Whole-Time Director
- Madhiyazhagan Govindan - Director
- Urvish Vinodchandra Jardosh - Director
- Jaya Ashok Bhardwaj - Director
Corrucase reported a net profit of ₹2.97 Cr (net margin 3%) and EBITDA of ₹12.76 Cr (EBITDA margin 12.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Corrucase is 26% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Corrucase is 27AAGCK1788E2ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAGCK1788E1ZE (Telangana).
The CIN (Corporate Identification Number) of Corrucase is U21099MH2016PLC281558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corrucase has 1 court case on record. 1 is pending.
Corrucase was incorporated on 25 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.