About Skywater India Private Limited
Data last updated:
Skywater India Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Bs Enviro Solutions Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 27 August 2008.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2008PTC060768. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹45 Cr and a paid-up capital of ₹29.2 Cr. It was led by directors including Keith Connally Bernard and Terry Lee Polistina.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.28 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹2.72 Cr (net margin -119.3%) and EBITDA of -₹2.64 Cr (EBITDA margin -116%).
The company had about 24 employees on its provident fund (EPFO) records before it was struck off.
Court records list 12 cases involving the company, including 12 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2013.
The last known website on record is skywater.in.
Company details
CIN history
Skywater India has one previous CIN (Corporate Identification Number): U74900AP2008PTC060768. The current CIN is U74900TG2008PTC060768, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG2008PTC060768 | Current |
| U74900AP2008PTC060768 | Previous |
Contact details
Skywater India Private Limited's registered office is in Hyderabad, Telangana. Its website is skywater.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No: 795 Korremal Village Jodimetla Warangal Road Ghatkesar Mand, Al, Hyderabad, Telangana, India – 501301
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Skywater 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
Business activity
The main business activity of Skywater India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Skywater India Private Limited, buy the company report.
Financials of Skywater India Private Limited
FY 2016 filings availableSkywater India Private Limited reported revenue of ₹2.28 Cr (down 57% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year. EBITDA rose 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.28 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2.64 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.72 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -116% | |
| Net Profit Margin | -119.3% | |
| 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 Skywater India Private Limited, buy the company report.
Board of directors of Skywater India Private Limited
Skywater India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keith Connally Bernard | Director | 25 Nov 2008 | 17 Years 10 Months | As last reported |
| Terry Lee Polistina | Director | 27 Aug 2008 | 18 Years 1 Months | As last reported |
| Arun Dogra | Director | 02 Sep 2014 | 12 Years 1 Months | As last reported |
Auditor
Skywater India Private Limited is audited by SRIPADA ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIPADA ASSOCIATES | FY 2016 | 005903S |
Shareholding
The shareholding of Skywater India Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Skywater India Private Limited, buy the company report.
Deals & funding
Skywater India Private Limited has 1 deal on record (1 acquisition); the latest was in March 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Acquisition | Undisclosed | Buyer: BS Enviro Solutions Limited Seller: Russell Hobbs Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Skywater India Private Limited has 12 court cases on record: 12 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by M/S. Arks Cold Storage Private Limited., | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Ms Arks Cold Storage P Ltd | Disposed |
| District court, Medchal Malkajgiri, Telangana | Criminal complaint | Filed against the company by M/S SSR Enterpises, Rep by Mr. Rahul Jain | Pending |
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by M/S Arks Cold Storage Pravite Ltd.Rep.T.Venkat Reddy | Disposed |
| District court, Rangareddy, Telangana | Criminal complaint | Filed against the company by M/S SSR Enterpises, Rep by Mr. Rahul Jain | Disposed |
To see the full case history of Skywater 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 Skywater India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Skywater India Private Limited has a workforce of 24 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Skywater India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Skywater India Private Limited, buy the company report.
Recent activity
Skywater India Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Arun Dogra ceased to be Director on 18 Dec 2018.
2 earlier events are in the company report.
Frequently asked questions
Skywater India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Skywater India was a private limited company based in Hyderabad, Telangana, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 27 August 2008 and is registered under CIN U74900TG2008PTC060768. The company has been struck off by the Registrar of Companies and is no longer operational.
Skywater India had 3 directors:
- Keith Connally Bernard - Director
- Terry Lee Polistina - Director
- Arun Dogra - Director
The CIN (Corporate Identification Number) of Skywater India is U74900TG2008PTC060768. 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 Skywater India is at Survey No: 795 Korremal Village Jodimetla Warangal Road Ghatkesar Mand, Al, Hyderabad, Telangana, India – 501301.
Skywater India was incorporated on 27 August 2008. It is registered with the Registrar of Companies, Hyderabad.
Skywater India can be reached through the website skywater.in. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Skywater India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Skywater India has 2 GST registrations on record and all of them are cancelled or inactive.
Skywater India operated in the machinery and equipment industry, in the industrial machinery manufacturing segment. It worked in this industry before it was struck off.