About Abhijeet Infrastructure Limited
Data last updated:
Abhijeet Infrastructure Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 19 July 1984.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27108WB1984PLC170097. Its GSTIN is 20AABCA0975E1ZB (Jharkhand). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.3 Cr. It is led by directors Manoj Kumar Jayaswal and Vidyasagar Prasad.
Its last annual general meeting (AGM) was held on 24 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Fe – 83 Sector – III Salt Lake City Ground Floor, Kolkata, West Bengal, India – 700106.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.29 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹61.99 Cr and EBITDA of ₹64.61 Lakh (EBITDA margin 49.9%).
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹1,023.7 Cr and satisfied charges of ₹695.82 Cr on record. Court records list 54 cases involving the company, including 36 filed by the company and 18 filed against it; 9 cases are pending.
The last known website on record is abhijeet.in.
Company details
CIN history
Abhijeet Infrastructure has one previous CIN (Corporate Identification Number): U27108MH1984PLC033473. The current CIN is U27108WB1984PLC170097, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27108WB1984PLC170097 | Current |
| U27108MH1984PLC033473 | Previous |
Contact details
Abhijeet Infrastructure Limited's registered office is in Kolkata, West Bengal. Its website is abhijeet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFe – 83 Sector – III Salt Lake City Ground Floor, Kolkata, West Bengal, India – 700106
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Abhijeet Infrastructure 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 Abhijeet Infrastructure is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
Financials of Abhijeet Infrastructure Limited
FY 2017 filings availableAbhijeet Infrastructure Limited reported revenue of ₹1.29 Cr (down 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. EBITDA rose 112% 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 | ₹1.29 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹64.61 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹61.99 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 | 49.9% | |
| Net Profit Margin | ||
| 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 Abhijeet Infrastructure Limited, buy the company report.
Board of directors of Abhijeet Infrastructure Limited
Abhijeet Infrastructure has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Jayaswal Also directs: A M R Iron and Steel Private Limited, Abhijeet Power Limited, Aagam Vincom Private Limited and 1 more | Director | 20 Mar 2003 | 23 Years 7 Months | As last reported |
| Vidyasagar Prasad Also directs: Worldcon Infra Limited, Abhijeet Enterprises Limited, Guinea Vyapaar Private Limited and 2 more | Additional Director | 30 Mar 2014 | 12 Years 7 Months | As last reported |
Auditor
Abhijeet Infrastructure Limited is audited by SRKN & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRKN & ASSOCIATES | FY 2016 | 015910C |
Shareholding
The shareholding of Abhijeet Infrastructure Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Abhijeet Infrastructure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2018 | 100205461 | Others | ₹145 Cr | Open | |
| 30 Mar 2016 | 100052173 | Others | ₹42 Cr | Open | |
| 06 Sep 2014 | 10525843 | Srei Infrastructure Finance Limited | ₹37 Cr | Open | |
| 22 Nov 2013 | 10468193 | Srei Infrastructure Finance Limited | ₹155 Cr | Open | |
| 29 Apr 2011 | 10285120 | Sbicap Trustee Company Limited | ₹564.22 Cr | Open |
To see the full charge records of Abhijeet Infrastructure Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Abhijeet Infrastructure Limited has 54 court cases on record: 36 filed by Abhijeet Infrastructure, 18 filed against it. 9 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 7 | 1 |
| District courts | 11 | 6 | 6 |
| NCLAT | 11 | 0 | 0 |
| Supreme Court | 6 | 3 | 1 |
| NCLT | 3 | 2 | 1 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed by the company against Asrec India Limited and 5 others | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Asrec (India) Ltd. and 5 others | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Abhijeet Hazaribagh Toll Road Ltd and Ors. and 2 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Abhijeet Hazaribagh Toll Road Ltd. Through Liquidator and Ors and 2 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Ltd. | Disposed |
To see the full case history of Abhijeet Infrastructure 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 Abhijeet Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Abhijeet Infrastructure has 2 subsidiary companies and 4 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Abhijeet Madc Nagpur Energy Private Limited | U40109MH2007PTC172271 | |
| Abhijeet Bihar Roadways Limited | U45400WB2011PLC160330 |
To see the full group structure of Abhijeet Infrastructure Limited, buy the company report.
Employees & EPFO
Abhijeet Infrastructure Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Abhijeet Infrastructure has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AABCA0975E1ZB | Jharkhand | Active | 01 Jul 2017 |
| 27AABCA0975E1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abhijeet Infrastructure Limited, buy the company report.
Recent activity
Abhijeet Infrastructure Limited has 18 board changes on record since 2001: 10 appointments and 8 cessations. The latest: Jayanta Kumar Maiti ceased to be Additional Director on 28 Jan 2022.
33 earlier events are in the company report.
Frequently asked questions
Abhijeet Infrastructure is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Abhijeet Infrastructure is a company under insolvency, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 19 July 1984 and is registered under CIN U27108WB1984PLC170097. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Abhijeet Infrastructure has 2 current directors:
- Manoj Kumar Jayaswal - Director
- Vidyasagar Prasad - Additional Director
The latest financial statements of Abhijeet Infrastructure on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 24 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Abhijeet Infrastructure is U27108WB1984PLC170097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abhijeet Infrastructure has open charges of ₹1,023.7 Cr and satisfied charges of ₹695.82 Cr as per latest MCA filings.
Abhijeet Infrastructure has 54 court cases on record: 36 filed by the company and 18 filed against it. 9 are pending. Most are in the high courts.
Abhijeet Infrastructure was incorporated on 19 July 1984. It is registered with the Registrar of Companies, Kolkata.
Jayanta Kumar Maiti ceased to be Additional Director on 28 Jan 2022. Jayanta Kumar Maiti was appointed as Additional Director on 15 Oct 2016. Somayajula Ramakrishna ceased to be Director on 15 Oct 2016. Abhijeet Infrastructure has 18 board changes on record in total.
Abhijeet Infrastructure can be reached through the website abhijeet.in. Its registered office is in Kolkata, West Bengal, India.
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