About Api Heat Transfer India Private Limited
Data last updated:
Api Heat Transfer India Private Limited was a foreign private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Thermasys Netherlands Cooperative U.A. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 05 February 2013.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U28113PN2013FTC159003. Its GSTIN is 27AALCA3440L1ZI (Maharashtra).
The company had an authorised share capital of ₹40 Cr and a paid-up capital of ₹2.52 Cr. It was led by directors Kiran Sharad Joshi and Mridula Kiran Joshi.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Plot No. 29 Siddhatek Hsg Soc Sutarwadi Nr Chandranil Bun.Pashan, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2018, the company reported a revenue of ₹35.65 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 6.5%) and EBITDA of ₹4.44 Cr (EBITDA margin 12.4%).
The company was associated with 1 brand: API Heat Transfer. Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (3 rights issues); the latest was in August 2016.
The last known website on record is apiheattransfer.com.
Company details
CIN history
Api Heat Transfer India has one previous CIN (Corporate Identification Number): U28113MH2013FTC240179. The current CIN is U28113PN2013FTC159003, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28113PN2013FTC159003 | Current |
| U28113MH2013FTC240179 | Previous |
Contact details
Api Heat Transfer India Private Limited's registered office is in Pune, Maharashtra. Its website is apiheattransfer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 29 Siddhatek Hsg Soc Sutarwadi Nr Chandranil Bun.Pashan, Pune, Maharashtra, India – 411021
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Api Heat Transfer India Private Limited, buy the company report.
- 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
Brands
Api Heat Transfer India operates one associated brand: API Heat Transfer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of high-performance heat transfer solutions | apiheattransfer.com |
Financials of Api Heat Transfer India Private Limited
FY 2020 filings availableApi Heat Transfer India Private Limited reported revenue of ₹35.65 Cr (up 66% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year. EBITDA rose 557% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹35.65 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.44 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.31 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.4% | |||
| Net Profit Margin | 6.5% | |||
| 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 Api Heat Transfer India Private Limited, buy the company report.
Board of directors of Api Heat Transfer India Private Limited
Api Heat Transfer India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Sharad Joshi Also directs: Eagle Business Advisors Private Limited | Director | 24 Aug 2017 | 9 Years 1 Months | As last reported |
| Mridula Kiran Joshi Also directs: Eagle Business Advisors Private Limited | Director | 14 Jun 2019 | 7 Years 4 Months | As last reported |
Auditor
Api Heat Transfer India Private Limited is audited by SUSHANT L YARDI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHANT L YARDI & CO | FY 2018 | 125900W |
Shareholding
The shareholding of Api Heat Transfer India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Api Heat Transfer India Private Limited, buy the company report.
Deals & funding
Api Heat Transfer India Private Limited has 3 deals on record (3 rights issues); the latest was in August 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Rights issue | ₹54.4 Lakh | Investors: an individual |
| May 2015 | Rights issue | ₹77.8 Lakh | Investors: an individual |
| Jan 2015 | Rights issue | ₹1.19 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Api Heat Transfer India Private Limited has 1 court case on record: 1 filed by Api Heat Transfer India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Api Heat Transfer India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Api Heat Transfer India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Api Heat Transfer India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA3440L1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Api Heat Transfer India Private Limited, buy the company report.
Recent activity
Api Heat Transfer India Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Mridula Kiran Joshi ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Api Heat Transfer India has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Api Heat Transfer India was a foreign private limited company based in Pune, Maharashtra, India. The company worked in die casting and metal forming, within the manufacturing industry. It was incorporated on 05 February 2013 and is registered under CIN U28113PN2013FTC159003. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Api Heat Transfer India was incorporated on 05 February 2013. It is registered with the Registrar of Companies, Pune.
Api Heat Transfer India had 2 directors:
- Kiran Sharad Joshi - Director
- Mridula Kiran Joshi - Director
The CIN (Corporate Identification Number) of Api Heat Transfer India is U28113PN2013FTC159003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Api Heat Transfer India is at Plot No. 29 Siddhatek Hsg Soc Sutarwadi Nr Chandranil Bun.Pashan, Pune, Maharashtra, India – 411021.
Api Heat Transfer India can be reached through the website apiheattransfer.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Api Heat Transfer India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Api Heat Transfer India is 27AALCA3440L1ZI, registered in Maharashtra.
Api Heat Transfer India operated in the manufacturing industry, in the die casting and metal forming segment.