Covai Raja Metals (India) Private Limited - Company Profile

It is a metals and minerals private limited company based in Coimbatore, Tamil Nadu, India, established in 2010.
2010 Coimbatore, Tamil Nadu, India Active
Last Updated:
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About Covai Raja Metals (India) Private Limited

Covai Raja Metals (India) Private Limited, a active private limited company, was established on 26 May 2010 in Coimbatore, Tamil Nadu, India. Engaging in steel manufacturing & processing within the trade sector, it holds CIN: U51430TZ2010PTC016081. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Kathiravan (Director), Vasanthi Raja (Director), Ponnusamy (Director). Past directors included Vasanthi Raja, Nambiyappan Kumaralingam, Muthampalam Rajendran. It holds no open charges and ₹32.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 17/100, Avarampalayam Road Ganapathy, Coimbatore, Tamil Nadu, 641006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51430TZ2010PTC016081

  • Registration Number

    016081

  • Incorporation Date

    26 May 2010

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 32.00 Cr
  • Revenue Growth **** -94.99%
  • Profit Growth **** -2422.59%
  • Ebitda **** -2399.68%
  • Net Worth -5.41%
  • Total Assets -1.54%
Company report

Covai Raja Metals (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Covai Raja Metals (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 Raja Metals (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Kathiravan Director 26 May 2010 Current
Vasanthi Raja Director 20 Aug 2016 Current
Ponnusamy Director 30 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 May 2025 Past
Pramod Abcsdd Director 10 Jul 2013 Past
Pramod Abcsdd Director 13 Aug 2016 Past

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Financial Performance of Covai Raja Metals (India).

Covai Raja Metals (India) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 94.99% decrease. The company also saw a substantial fall in profitability, with a 2422.59% decrease in profit. The company's net worth dipped by a decrease of 5.41%.

Covai Raja Metals (India) revenue growth over time
Covai Raja Metals (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -94.99%
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*******
*******
*******
Revenue from Operations
*******
 -95.00%
*******
*******
*******
*******
Total Assets
*******
 -1.54%
*******
*******
*******
*******
Profit or Loss
*******
 -2422.59%
*******
*******
*******
*******
Net Worth
*******
 -5.41%
*******
*******
*******
*******
EBITDA
*******
 -2399.68%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Covai Raja Metals (India)?

In 2019, Covai Raja Metals (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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹320,000,000.00

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 15.00 Cr
  • City Union Bank : 12.00 Cr
  • Asset Reconstruction Company (India) Limited : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
28 Sep 2013 Asset Reconstruction Company (India) Limited ₹5.00 Cr Satisfied
09 Jan 2013 City Union Bank Limited ₹5.00 Cr Satisfied
16 Apr 2012 City Union Bank Limited ₹5.00 Cr Satisfied
08 Sep 2011 City Union Bank ₹12.00 Cr Satisfied
11 Mar 2011 City Union Bank Limited ₹5.00 Cr Satisfied

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How Many Employees Work at Covai Raja Metals (India)?

Unlock and access historical data on people associated with Covai Raja Metals (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covai Raja Metals (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 Raja Metals (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
Alert Indicator

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.

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Latest Updates, News, and FAQs on Covai Raja Metals (India)
Recent Activity within the Organization
  • Director Appointment

    Ponnusamy was appointed as a Director was appointed as a Director on 30 May 2025 & has been associated with this company since 9 months 8 days . was recorded as a recent event.

  • Annual General Meeting

    Covai Raja Metals (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Covai Raja Metals (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 09 Jan 2013 via Charge ID 10408150 with City Union Bank Limited was fully satisfied on 19 Jul 2021. was documented.

  • Charges

    The activity A charge registered on 16 Apr 2012 via Charge ID 10354795 with City Union Bank Limited was fully satisfied on 19 Jul 2021. was completed.

  • Charges

    A charge registered on 08 Sep 2011 via Charge ID 10312998 with City Union Bank was fully satisfied on 19 Jul 2021. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Covai Raja Metals (India) Private Limited?

The CIN of Covai Raja Metals (India) Private Limited is U51430TZ2010PTC016081.

Where is Covai Raja Metals (India) Private Limited headquartered?

Covai Raja Metals (India) Private Limited is headquartered at 17/100, Avarampalayam Road Ganapathy, Coimbatore, Tamil Nadu, 641006.

When was Covai Raja Metals (India) Private Limited incorporated?

Covai Raja Metals (India) Private Limited was incorporated on 26 May 2010.

Who are the current directors of Covai Raja Metals (India) Private Limited?

The current directors of Covai Raja Metals (India) Private Limited are

What is the primary industry of Covai Raja Metals (India) Private Limited?

The primary industry of Covai Raja Metals (India) Private Limited is Trade.

Is Covai Raja Metals (India) Private Limited a listed company?

Covai Raja Metals (India) Private Limited is unlisted.

What is the capital structure of Covai Raja Metals (India) Private Limited?

The authorized capital of Covai Raja Metals (India) Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Covai Raja Metals (India) Private Limited?

The compliance status of Covai Raja Metals (India) Private Limited is Compliant.

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