About Alupan Composite Panels Private Limited
Data last updated:
Alupan Composite Panels Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 December 2003.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27203DL2003PTC123774. Its GSTIN is 07AAECA7877Q2ZR (Delhi). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.71 Cr. It is led by directors including Nitin Garg (Whole-Time Director) and Vrinda Garg.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 7D Hansalya Bulding15 Barakhamba Road, New Delhi, Delhi, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.13 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹6.52 Cr (net margin -71.4%) and EBITDA of -₹6.32 Cr (EBITDA margin -69.2%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.65 Cr and satisfied charges of ₹31.08 Cr on record. Court records list 54 cases involving the company, including 44 filed by the company and 10 filed against it; 1 case is pending.
The last known website on record is alupanindia.com.
Company details
Contact details
Alupan Composite Panels Private Limited's registered office is in New Delhi, Delhi. Its website is alupanindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7D Hansalya Bulding15 Barakhamba Road, New Delhi, Delhi, India
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Alupan Composite Panels 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 Alupan Composite Panels is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Alupan Composite Panels Private Limited, buy the company report.
Financials of Alupan Composite Panels Private Limited
FY 2018 filings availableAlupan Composite Panels Private Limited reported revenue of ₹9.13 Cr (down 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over three years, including a 37% fall 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹9.13 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹6.32 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.52 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 | -69.2% | |||
| Net Profit Margin | -71.4% | |||
| 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 Alupan Composite Panels Private Limited, buy the company report.
Board of directors of Alupan Composite Panels Private Limited
Alupan Composite Panels has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vrinda Garg | Director | 01 Dec 2009 | 16 Years 10 Months | As last reported |
| Mayank Garg Also directs: Veekay Rexine LLP | Director | 29 Aug 2005 | 21 Years 1 Months | As last reported |
| Nitin Garg Also directs: Vihaan Chemicals Private Limited, RV Healthways Private Limited, Emm Aar Tourism Private Limited and 1 more | Whole-Time Director | 01 Nov 2004 | 21 Years 11 Months | As last reported |
| Vinod Garg Kumar Also directs: Veekay Rexine LLP, Vihaan Chemicals Private Limited, RV Healthways Private Limited and 2 more | Director | 31 Dec 2003 | 22 Years 9 Months | As last reported |
Auditor
Alupan Composite Panels Private Limited is audited by MARODIA KHANNA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MARODIA KHANNA & ASSOCIATES | FY 2018 | 317147E |
Shareholding
The shareholding of Alupan Composite Panels Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Alupan Composite Panels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2015 | 10601018 | Bank of Baroda | ₹5 Lakh | Open | |
| 10 Jan 2012 | 10332349 | State Bank of India | ₹23.6 Cr | Open | |
| 25 Mar 2015 | 10612569 | State Bank of India | ₹23.6 Cr | Satisfied | |
| 29 Sep 2010 | 10241462 | Small Industries Development Bank of India | ₹75 Lakh | Satisfied | |
| 29 Oct 2009 | 10183628 | Small Industries Development Bank of India | ₹3.8 Cr | Satisfied |
To see the full charge records of Alupan Composite Panels Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Alupan Composite Panels Private Limited has 54 court cases on record: 44 filed by Alupan Composite Panels, 10 filed against it. 1 case is pending and 53 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 5 | 1 |
| High courts | 5 | 3 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Klasskone Engineering P. Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed by the company against Yantra Aluminum Windows Systems Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against Yantra Aluminum Windows Systems P Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Ms A. S. Enterprises | Disposed |
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed by the company against M/S Alscapes Through Its Rajiv Gupta | Pending |
To see the full case history of Alupan Composite Panels 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.
Credit ratings & regulatory alerts
Alupan Composite Panels Private Limited was last rated by Crisil on 14 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Sep 2020 |
To see the full credit ratings and regulatory alerts of Alupan Composite Panels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Alupan Composite Panels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alupan Composite Panels has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECA7877Q2ZR | Delhi | Active | 04 Oct 2020 |
To see the full GST registrations and return filing status of Alupan Composite Panels Private Limited, buy the company report.
Recent activity
Alupan Composite Panels Private Limited has 7 board changes on record since 2003: 4 appointments and 3 cessations. The latest: Vrinda Garg ceased to be Additional Director on 29 Sep 2010.
13 earlier events are in the company report.
Frequently asked questions
Alupan Composite Panels is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Alupan Composite Panels is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 December 2003 and is registered under CIN U27203DL2003PTC123774. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Alupan Composite Panels has 4 current directors:
- Nitin Garg - Whole-Time Director
- Vrinda Garg - Director
- Mayank Garg - Director
- Vinod Garg Kumar - Director
The latest financial statements of Alupan Composite Panels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Alupan Composite Panels is U27203DL2003PTC123774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alupan Composite Panels has open charges of ₹23.65 Cr and satisfied charges of ₹31.08 Cr as per latest MCA filings.
Alupan Composite Panels has 54 court cases on record: 44 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Alupan Composite Panels was incorporated on 31 December 2003. It is registered with the Registrar of Companies, Delhi.
Vrinda Garg ceased to be Additional Director on 29 Sep 2010. Nitin Garg ceased to be Director on 01 Apr 2010. Anil Kumar Bansal ceased to be Director on 01 Dec 2009. Alupan Composite Panels has 7 board changes on record in total.
Alupan Composite Panels can be reached through the website alupanindia.com. Its registered office is in New Delhi, Delhi, India.