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Covai Castingss India Private Limited - Company Profile

It is a manufacturing private limited company based in Annur, Tamil Nadu, India, established in 2011.

2011 | Annur, Tamil Nadu, India | Active
Last Updated:

About Covai Castingss India Private Limited

Covai Castingss India Private Limited, a active private limited company, was established on 19 July 2011 in Annur, Tamil Nadu, India. Engaging in die casting & metal forming within the manufacturing sector, it holds CIN: U27310TZ2011PTC017265. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.95 Cr and a paid-up capital of ₹1.95 Cr.

It upholds a compliant status. Employing 18 professional, Its leadership includes Pichandampalayam Marappagounder Balasubramanian (Managing Director), Ponnappagounder Govindasamy (Director), Avivek (Director). Past directors included Karuppanna Gounder Palaniappan, Avivek, Puthupalayam Selvaraj Shallini. It holds ₹10.71 Cr open charges and ₹2.28 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sf No. 879/1B, 1C And 1D Karegoundenpalayam Via. Onnakarasampayam, Annur, Tamil Nadu, 641697.

Company Details

  • CIN/LLPIN

    U27310TZ2011PTC017265

  • Registration Number

    017265

  • Incorporation Date

    19 July 2011

  • Authorized Capital

    ₹1.95 Cr

  • Paid-Up Capital

    ₹1.95 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.95 Cr
  • Paid Up Capital ₹ 1.95 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.71 Cr
  • Satisfied Charges ₹ 2.28 Cr
  • Revenue Growth -12.35%
  • Profit Growth -53.54%
  • Ebitda -35.18%
  • Net Worth 27.35%
  • Total Assets -5.13%
Company report

Covai Castingss India Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Covai Castingss India 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 Covai Castingss India Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Pichandampalayam Marappagounder BalasubramanianManaging Director19 Jul 2011Current
Ponnappagounder GovindasamyDirector19 Jul 2011Current
AvivekDirector26 Feb 2021Current
Puthupalayam Selvaraj ShalliniDirector26 Feb 2021Current
SaranDirector16 May 2013Current
Sengodan VenkateswaranDirector19 Jul 2011Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector26 Feb 2021Past
Pramod AbcsddDirector16 May 2013Past
Pramod AbcsddAdditional Director30 Sep 2021Past
Pramod AbcsddDirector26 Feb 2021Past
Pramod AbcsddAdditional Director15 Apr 2014Past
Pramod AbcsddDirector26 Feb 2021Past

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Financial Performance of Covai Castingss India.

Covai Castingss India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 12.35% decrease. The company also saw a substantial fall in profitability, with a 53.54% decrease in profit. The company's net worth Soared by an impressive increase of 27.35%.

Covai Castingss India revenue growth over time
Covai Castingss India profit and loss trends over time
  • 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
-12.35%
Revenue from Operations
-11.73%
Total Assets
-5.13%
Profit or Loss
-53.54%
Net Worth
27.35%
EBITDA
-35.18%

What is the Ownership and Shareholding Structure of Covai Castingss India?

In 2021, Covai Castingss India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹107,120,000.00

Satisfied Charges

₹22,800,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.71 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2014Axis Bank Limited₹10.71 CrOpen
29 Jul 2013The Tamilnadu Industrial Investment Corporation Limited₹2.28 CrSatisfied

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How Many Employees Work at Covai Castingss India?

Covai Castingss India has a workforce of 18 employees as of Mar 24, 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 growth trends for Covai Castingss India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covai Castingss India, 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 Covai Castingss India'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

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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.

Latest Updates, News, and FAQs on Covai Castingss India

Recent Activity within the Organization

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 10.71 Cr registered on 24 Jan 2014 with Charge ID 10475730 was modified on 20 Mar 2025. was documented.

  • Annual General Meeting

    The activity Covai Castingss India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Covai Castingss India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Director Appointment

    Progress on Avivek was appointed as a Director was appointed as a Director on 26 Feb 2021 & has been associated with this company since 4 years 9 months . was documented.

  • Director Appointment

    Progress on Puthupalayam Selvaraj Shallini was appointed as a Director was appointed as a Director on 26 Feb 2021 & has been associated with this company since 4 years 9 months . was documented.

  • Charges

    A charge registered on 29 Jul 2013 via Charge ID 10444407 with The Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 01 Feb 2021. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Covai Castingss India Private Limited?

    The CIN of Covai Castingss India Private Limited is U27310TZ2011PTC017265.

  • Where is Covai Castingss India Private Limited headquartered?

    Covai Castingss India Private Limited is headquartered at Sf No. 879/1B, 1C And 1D Karegoundenpalayam Via. Onnakarasampayam, Annur, Tamil Nadu, 641697.

  • When was Covai Castingss India Private Limited incorporated?

    Covai Castingss India Private Limited was incorporated on 19 July 2011.

  • Who are the current directors of Covai Castingss India Private Limited?

    The current directors of Covai Castingss India Private Limited are

  • What is the primary industry of Covai Castingss India Private Limited?

    The primary industry of Covai Castingss India Private Limited is Manufacturing.

  • Is Covai Castingss India Private Limited a listed company?

    Covai Castingss India Private Limited is unlisted.

  • What is the capital structure of Covai Castingss India Private Limited?

    The authorized capital of Covai Castingss India Private Limited is ₹1.95 Cr, and the paid-up capital is ₹1.95 Cr.

  • What is the compliance status of Covai Castingss India Private Limited?

    The compliance status of Covai Castingss India Private Limited is Compliant.

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