Yg Cutting Tools Corporation Private Limited

Yg Cutting Tools Corporation Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29220KA2007PTC063968 Incorporated 05 December 2007 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment MSME · Medium
Revenue · FY 2025
₹259.2 Cr
▲ 0.22% YoY
Net loss · FY 2025
₹20.11 Cr
Net margin -7.8%
EBITDA · FY 2025
₹8.64 Cr
EBITDA margin 3.3%
Authorised capital
₹300 Cr
Registered with MCA
Paid-up capital
₹290.41 Cr
Issued & subscribed
Open charges
₹49 Cr
Satisfied ₹9 Lakh
Company age
19 yrs
Est. 2007
Employees · EPFO
295
Provident fund records

About Yg Cutting Tools Corporation Private Limited

Data last updated:

Yg Cutting Tools Corporation Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Yg-1 Co. Ltd.. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 05 December 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29220KA2007PTC063968. Its GSTIN is 29AAACY3237E1ZD (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹290.41 Cr. It is led by directors including Tarang Vithaldas Parikh (Managing Director) and Yunkyun Yu.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹259.2 Cr. For the same year it recorded a net loss of ₹20.11 Cr (net margin -7.8%) and EBITDA of ₹8.64 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 59% over five years.

The company has about 295 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹49 Cr and satisfied charges of ₹9 Lakh on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it. The company has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹24.03 Cr; the latest was in December 2022. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 262 overdue payments to 68 micro and small suppliers.

Yg Cutting Tools Corporation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0002181). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website yg1.co.kr.

Company details

CIN U29220KA2007PTC063968
Registration Number 063968
Incorporation Date 05 December 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Yg-1 Co. Ltd.
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-02-0002181

CIN history

Yg Cutting Tools Corporation has one previous CIN (Corporate Identification Number): U29220MH2007PTC176468. The current CIN is U29220KA2007PTC063968, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29220KA2007PTC063968Current
U29220MH2007PTC176468Previous
Key People
Tarang Vithaldas Parikh Managing Director Yunkyun Yu Director Seungil Baek Director

Recognitions & Rankings of Yg Cutting Tools Corporation

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-02-0002181

Contact details

Yg Cutting Tools Corporation Private Limited's registered office is in Bangalore, Karnataka. Its website is yg1.co.kr. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    yg1.co.kr
  • Social Media
  • Registered Address
    Plot No. 2C Obadenahalli(Doddaballapura 111 Phase) Industrial Area Kasaba Hobli Doddaballap, Ura Taluk, Bangalore, Karnataka, India – 561203
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Yg Cutting Tools Corporation Private Limited, buy the company report.

Comprehensive company report
Yg Cutting Tools Corporation 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activities of Yg Cutting Tools Corporation are wholesale and retail trade; repair of motor vehicles and motorcycles, trade and professional, scientific and technical. In detail, this covers wholesale trade, except of motor vehicles and motorcycles, wholesale trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles
GTradeG1Wholesale Trading
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Yg Cutting Tools Corporation Private Limited, buy the company report.

Financials of Yg Cutting Tools Corporation Private Limited

FY 2025 filings available

Yg Cutting Tools Corporation Private Limited reported revenue of ₹259.2 Cr for FY 2025.

Revenue · FY 2025
₹259.2 Cr
Net loss · FY 2025
₹20.11 Cr margin -7.8%
EBITDA · FY 2025
₹8.64 Cr margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 21%
5 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 23%

Revenue has grown at a compounded annual rate (CAGR) of 59% over five years. EBITDA fell 67% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹259.2 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.64 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20.11 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.3%
Net Profit Margin-7.8%
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 Yg Cutting Tools Corporation Private Limited, buy the company report.

Board of directors of Yg Cutting Tools Corporation Private Limited

Yg Cutting Tools Corporation has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yunkyun Yu
Also directs: Yg-1 Industries India Private Limited, Yg-1 India Private Limited
Director05 Dec 200718 Years 11 MonthsCurrent
Seungil Baek
Also directs: Yg-1 Industries India Private Limited, Yg-1 India Private Limited
Director28 Jun 20233 Years 4 MonthsCurrent
Tarang Vithaldas Parikh
Also directs: Yg-1 Industries India Private Limited, Yg-1 India Private Limited, Super Century India Tool Private Limited and 1 more
Managing Director23 Jun 20215 Years 4 MonthsCurrent
Chusung SonDirector23 Nov 20223 Years 11 MonthsCurrent
View all directors

Auditor

Yg Cutting Tools Corporation Private Limited is audited by S.R.&M.R. Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
S.R.&M.R. AssociatesFY 2025008094S

Shareholding

The shareholding of Yg Cutting Tools Corporation Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Yg Cutting Tools Corporation Private Limited, buy the company report.

Charges & borrowings

Open charges
₹49 Cr
Satisfied charges
₹9 Lakh
Breakdown by lending institutions
Axis Bank Limited₹49.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Mar 2023100748756Axis Bank Limited₹49 CrOpen
20 Dec 201410543276Axis Bank Limited₹9 LakhSatisfied

To see the full charge records of Yg Cutting Tools Corporation Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Yg Cutting Tools Corporation Private Limited has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹24.03 Cr; the latest was in December 2022.

Total deals
7
Funding rounds
3
Rights issues
3
Secondary share transfer
1
Disclosed funding
₹24.03 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Dec 2022Rights issue₹82.08 CrInvestors: Yg-1 Company Limited
Apr 2021Rights issue₹45.22 CrInvestors: Yg-1 Company Limited
Apr 2015Rights issue₹51.4 CrInvestors: Yg-1 Company Limited
May 2014Funding round₹6.01 CrInvestors: Yg-1 Company Limited
Dec 2013Funding round₹6.15 CrInvestors: Yg-1 Company Limited

To see the full deal history of Yg Cutting Tools Corporation Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Yg Cutting Tools Corporation Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 262 overdue payments to 68 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 68)

SupplierAmount dueDue sinceReported on
Glanze Engineering Company Pvt Ltd
Neo Labels Inc
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Yg Cutting Tools Corporation Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Yg Cutting Tools Corporation has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAACY3237E1ZDKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Yg Cutting Tools Corporation Private Limited, buy the company report.

Recent activity

Yg Cutting Tools Corporation Private Limited has 18 board changes on record since 2007: 4 appointments and 14 cessations. The latest: Chusung Son ceased to be Additional Director on 29 Sep 2023.

AGM
Yg Cutting Tools Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Yg Cutting Tools Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Chusung Son ceased to be Additional Director.
Appointed
Seungil Baek was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 49.00 Cr with Charge ID 100748756 was registered on 29 Mar 2023.
Appointed
Chusung Son was appointed as Director.
Ceased
Tarang Vithaldas Parikh ceased to be Managing Director.
Appointed
Tarang Vithaldas Parikh was appointed as Managing Director.
Ceased
Byoungbum Lim ceased to be Managing Director.
Ceased
Yunkyun Yu ceased to be Director.
Ceased
Priyanka Chugh ceased to be Company Secretary.
Ceased
Hoon Kim ceased to be Director.

12 earlier events are in the company report.

Frequently asked questions

Yg Cutting Tools Corporation is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 05 December 2007 (19+ years old) and is registered under CIN U29220KA2007PTC063968.

Yg Cutting Tools Corporation has 4 current directors:

The latest financial statements of Yg Cutting Tools Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Yg Cutting Tools Corporation is 29AAACY3237E1ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Yg Cutting Tools Corporation is U29220KA2007PTC063968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yg Cutting Tools Corporation has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.

Yg Cutting Tools Corporation was incorporated on 05 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.

Yg Cutting Tools Corporation has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹24.03 Cr; the latest was in December 2022.

Chusung Son ceased to be Additional Director on 29 Sep 2023. Seungil Baek was appointed as Director on 28 Jun 2023. Chusung Son was appointed as Director on 23 Nov 2022. Yg Cutting Tools Corporation has 18 board changes on record in total.

Yes, Yg Cutting Tools Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-02-0002181).

Yg Cutting Tools Corporation has 7 MSME Form 1 returns on record between 2019 and 2022, listing 262 overdue payments to 68 micro and small suppliers. The latest return was filed on 07 May 2022.