Coreel Technologies (India) Private Limited - Company overview

Coreel Technologies is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72200KA1999PTC033050). Busine…

1999-04-20 Bangalore, Karnataka Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
17.50 cr
PAID-UP CAPITAL
10.41 cr
COMPANY AGE
27 Years 2 Months
since 1999-04-20
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-21
OPEN CHARGES
5
36.77 cr
SATISFIED CHARGES
8
51.48 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2025-10-29 07:30:36

Company Health Scores

Health scores for Coreel Technologies covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score

Overall counterparty comfort for Coreel Technologies, blending its compliance record, financial strength, board stability and operating track record.

Active EPFO registration indicates payroll and employees on record.

Compliance Score

Statutory standing of Coreel Technologies with the Ministry of Corporate Affairs - company status, annual filings and regulatory flags.

The company is registered as Active with MCA and holds active GST registration.

Financial Health Score

Profitability, leverage and liquidity of Coreel Technologies computed from financial statements filed with the Registrar of Companies.

Filed financial statements are available for this company.

Director Risk Score

Board composition, DIN status and director churn for Coreel Technologies based on MCA director records.

Current board of directors is on record with MCA.

Vendor trust, compliance, financial health & director risk - with the reasons behind each score.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Coreel Technologies

Coreel Technologies is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72200KA1999PTC033050). Business overview includes Information Technology (IT Consulting & Support Services), incorporated on April 20, 1999 (27+ years old), headquartered in Bangalore, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2025, the company reported revenue of ₹334.84 Cr with a profit of ₹52.33 Cr. It has 9 active directors. The company employs approximately 506 people. Its latest credit rating is BBB by Icra.

IT Consulting & Support Services Defence Tech & Equipment
  • Location 21, 7Th Main, 1St Block Koramangala, Bangalore, Karnataka - 560034
  • Website coreel.com
Name History
CIN / LLPINU72200KA1999PTC033050
Company No.033050
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1999-04-20
Date of AGM2025-08-21
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
Credit RatingBBB (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Coreel Technologies

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors of Coreel Technologies (9)

S
Director | Since 2024-01-24
C
Director | Since 1999-07-01
U
Nominee Director | Since 2024-05-10
V
Managing Director | Since 2004-07-16
V
Director | Since 2022-10-20
V
Additional Director | Since 2025-07-16

Charges of Coreel Technologies

Hdfc Bank Limited : 32.50 cr
Axis Bank Limited : 14.34 cr
Karnataka Bank Ltd. : 11.91 cr
Open Charges: 5 Satisfied Charges: 8
Open 36.77 cr
Satisfied 51.48 cr
LenderAmountStatus
Karnataka Bank Ltd.
Creation Date: 30 May 2024
25.00 Lakh Open
Hdfc Bank Limited
Creation Date: 30 Sep 2021
32.50 cr Open
Karnataka Bank Ltd.
Creation Date: 08 Feb 2021
10.99 cr Closed

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Coreel Technologies
What is CIN of Coreel Technologies?
The Corporate Identification Number (CIN) for Coreel Technologies is U72200KA1999PTC033050. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 033050 as per MCA.
When was Coreel Technologies incorporated?
Coreel Technologies was incorporated 27 years 2 months ago on 20 Apr 1999.
What is paid-up capital and authorised share capital of Coreel Technologies?
The paid-up capital of Coreel Technologies is ₹ 104,074,410.00 and authorised share capital is ₹ 175,000,000.00.
Who are the current board members and directors of Coreel Technologies?
Currently 9 directors are associated with Coreel Technologies: Suryanarayanan Neelakantan, Chetan Vadilal Sanghvi, Umesh Devendrakumar Agrawal, Vishwanath Padur, Venkateswara Gowtama Mannava, Vibhas Pande, Kewal Krishan Nohria, Champaka Bettahalli Ramesh, Pushkar Jauhari.
  • Suryanarayanan Neelakantan
  • Chetan Vadilal Sanghvi
  • Umesh Devendrakumar Agrawal
  • Vishwanath Padur
  • Venkateswara Gowtama Mannava
  • Vibhas Pande
  • Kewal Krishan Nohria
  • Champaka Bettahalli Ramesh
  • Pushkar Jauhari
What is the registered address of Coreel Technologies?
As per Ministry of Corporate Affairs (MCA), the registered address of Coreel Technologies is 21, 7Th Main, 1St Block Koramangala, Bangalore, Karnataka, 560034, India.
What is the official website of Coreel Technologies?
The official website of Coreel Technologies is https://coreel.com.
What is the ROC code of Coreel Technologies?
Coreel Technologies ROC code is Roc Bangalore.
What is the company classification of Coreel Technologies?
Coreel Technologies is classified as Private Limited Indian Non-Government Company.
Coreel Technologies - is it listed or unlisted?
Coreel Technologies is a Unlisted company.
What is the current status of Coreel Technologies?
Coreel Technologies is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Coreel Technologies associated with?
Coreel Technologies lists activity aligned with: Information Technology - IT Consulting & Support Services - Information and communication. See the Overview and Competition sections for fuller industry context.
How many employees does Coreel Technologies have?
Available records indicate roughly 506 employees for Coreel Technologies. Confirm against filings and EPFO-related signals on the profile where shown.
Does Coreel Technologies have GST registrations on file?
Coreel Technologies shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Coreel Technologies?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Coreel Technologies.
How do I contact Coreel Technologies?
Use the official website at https://coreel.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Coreel Technologies?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Coreel Technologies?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Coreel Technologies (last filed snapshot)?
As per the latest financial snapshot on file for FY 2025, net worth is about ₹ 300.65 Cr. Verify figures on the Financial tab and supporting filings.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.