About Andel Equipment Private Limited
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Andel Equipment Private Limited is a private limited company based in Chandigarh, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 05 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45201CH1997PTC019884. Its GSTIN is 03AAECA5078P1ZD (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Anu Bhutani and Puja Bhutani.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 2535 Telehos Society Sector 50 – C, Chandigarh, India – 160047.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.7 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹15.84 Lakh (net margin -5.9%) and EBITDA of -₹15.75 Lakh (EBITDA margin -5.8%).
As per MCA filings, the company has open charges of ₹1.88 Cr and satisfied charges of ₹15.28 Lakh on record. Court records list 8 cases involving the company, including 8 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website andelindia.com.
Company details
Contact details
Andel Equipment Private Limited's registered office is in Chandigarh, Chandigarh. Its website is andelindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2535 Telehos Society Sector 50 – C, Chandigarh, India – 160047
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Andel Equipment 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 Andel Equipment is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Andel Equipment Private Limited, buy the company report.
Financials of Andel Equipment Private Limited
FY 2016 filings availableAndel Equipment Private Limited reported revenue of ₹2.7 Cr (down 37% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year. EBITDA fell 20% 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 | ₹2.7 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹15.75 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹15.84 Lakh | |
| 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 | -5.8% | |
| Net Profit Margin | -5.9% | |
| 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 Andel Equipment Private Limited, buy the company report.
Board of directors of Andel Equipment Private Limited
Andel Equipment has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anu Bhutani | Director | 05 May 1997 | 29 Years 5 Months | Current |
| Puja Bhutani | Director | 05 May 1997 | 29 Years 5 Months | Current |
Auditor
Andel Equipment Private Limited is audited by MEHAN ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHAN ASSOCIATES | FY 2016 | 004592N |
Shareholding
The shareholding of Andel Equipment 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 Andel Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2012 | 10339531 | Bank of India | ₹65 Lakh | Open | |
| 22 May 2010 | 10222789 | Bank of India | ₹33 Lakh | Open | |
| 23 Jun 2009 | 10167545 | Bank of India | ₹14.5 Lakh | Open | |
| 26 Mar 2009 | 10157922 | Bank of India | ₹75 Lakh | Open | |
| 12 Mar 2003 | 90169781 | State Bank of Patiala | ₹1.5 Lakh | Satisfied |
To see the full charge records of Andel Equipment Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Andel Equipment Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Utility Electricals Pneumatics Pvt Ltd | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by Mettler-Toledo India Pvt Ltd | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Mohali, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mohali, Punjab | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Andel Equipment 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 Andel Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Andel Equipment has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECA5078P1ZD | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Andel Equipment Private Limited, buy the company report.
Recent activity
Andel Equipment Private Limited has 8 board changes on record since 1997: 5 appointments and 3 cessations. The latest: Arun Luthra ceased to be Director on 05 Mar 2014.
18 earlier events are in the company report.
Frequently asked questions
Andel Equipment is an active private limited company based in Chandigarh, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 05 May 1997 (29+ years old) and is registered under CIN U45201CH1997PTC019884.
Andel Equipment has 2 current directors:
- Anu Bhutani - Director
- Puja Bhutani - Director
The latest financial statements of Andel Equipment on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Andel Equipment is 03AAECA5078P1ZD, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Andel Equipment is U45201CH1997PTC019884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Andel Equipment has 8 court cases on record: 8 filed against it.
Andel Equipment was incorporated on 05 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
Arun Luthra ceased to be Director on 05 Mar 2014. Arun Luthra was appointed as Director on 03 Feb 2011. Manu Bhutani ceased to be Director on 15 Apr 2009. Andel Equipment has 8 board changes on record in total.
Andel Equipment can be reached through the website andelindia.com. Its registered office is in Chandigarh, India.
The registered office of Andel Equipment is at 2535 Telehos Society Sector 50 – C, Chandigarh, India – 160047.
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