About Apex Consumer Appliances Private Limited
Data last updated:
Apex Consumer Appliances Private Limited is a private limited company based in Mumbai, Maharashtra, 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 electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 June 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29307MH2010PTC203766. Its GSTIN is 27AAICA5939R1ZT (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Kinjal Dhaval Shah (Whole-Time Director) and Dhaval Anand Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.4 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹7.26 Cr (net margin -54.2%) and EBITDA of -₹1.24 Cr (EBITDA margin -9.2%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 6% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.52 Cr and satisfied charges of ₹18.28 Cr on record. Court records list 48 cases involving the company, including 20 filed by the company and 28 filed against it; 8 cases are pending.
The last known website on record is apex.ind.in.
Company details
Contact details
Apex Consumer Appliances Private Limited's registered office is in Mumbai, Maharashtra. Its website is apex.ind.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 29 – P Off Kanjur Village Road Opp. Crescent Industrial Estate Marg East, India, Mumbai, Maharashtra, India – 400042
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Apex Consumer Appliances 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 Apex Consumer Appliances is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Apex Consumer Appliances Private Limited, buy the company report.
Financials of Apex Consumer Appliances Private Limited
FY 2021 filings availableApex Consumer Appliances Private Limited reported revenue of ₹13.4 Cr (down 47% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 47% fall in the latest year. EBITDA fell 61% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.4 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.26 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.2% | ||||
| Net Profit Margin | -54.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Apex Consumer Appliances Private Limited, buy the company report.
Board of directors of Apex Consumer Appliances Private Limited
Apex Consumer Appliances has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kinjal Dhaval Shah Also directs: Apogee 33 Home Solutions LLP | Whole-Time Director | 07 Jun 2010 | 16 Years 4 Months | As last reported |
| Dhaval Anand Shah Also directs: Apogee 33 Home Solutions LLP | Whole-Time Director | 07 Jun 2010 | 16 Years 4 Months | As last reported |
| Abhijit Shrikrishna Gokhale | Irp/Rp/Liquidator | 17 Feb 2025 | 1 Years 8 Months | As last reported |
Auditor
Apex Consumer Appliances Private Limited is audited by JNJ & Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JNJ & Co | FY 2021 | 140024W |
Shareholding
The shareholding of Apex Consumer Appliances Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apex Consumer Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2018 | 100165810 | Hdfc Bank Limited | ₹29.22 Lakh | Open | |
| 25 Jan 2016 | 100035534 | Vijaya Bank | ₹6.32 Cr | Open | |
| 15 May 2015 | 10573825 | Others | ₹27.9 Cr | Open | |
| 27 Sep 2017 | 100138768 | Others | ₹10 Cr | Satisfied | |
| 08 Aug 2013 | 10442033 | Bank of Baroda | ₹4.5 Cr | Satisfied |
To see the full charge records of Apex Consumer Appliances Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Apex Consumer Appliances Private Limited has 48 court cases on record: 20 filed by Apex Consumer Appliances, 28 filed against it. 8 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 25 | 5 |
| High courts | 12 | 2 | 3 |
| Supreme Court | 3 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Authrized Officer Yes Bank Limited and 11 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by GMM Coatings Pvt. Ltd. | Pending |
| Supreme Court | Court case (-Ordinary Civil Matters) | Filed by the company against Tata Capital Financial Services Limited Rep. by Its Manager, Registered Office at: Tower A, 11Th Floor Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013 ,Mumbai , Maharashtra and 23 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by JC Flowers Asset Reconstruction Private Limited and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Yes Bank Ltd | Disposed |
To see the full case history of Apex Consumer Appliances 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 Apex Consumer Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apex Consumer Appliances Private Limited has a workforce of 6 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Apex Consumer Appliances has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA5939R1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apex Consumer Appliances Private Limited, buy the company report.
Recent activity
Apex Consumer Appliances Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Abhijit Shrikrishna Gokhale was appointed as Irp/Rp/Liquidator on 17 Feb 2025.
6 earlier events are in the company report.
Frequently asked questions
Apex Consumer Appliances 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.
Apex Consumer Appliances is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 June 2010 and is registered under CIN U29307MH2010PTC203766. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Apex Consumer Appliances has 3 current directors:
- Kinjal Dhaval Shah - Whole-Time Director
- Dhaval Anand Shah - Whole-Time Director
- Abhijit Shrikrishna Gokhale - Irp/Rp/Liquidator
The latest financial statements of Apex Consumer Appliances on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Apex Consumer Appliances is U29307MH2010PTC203766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apex Consumer Appliances has open charges of ₹34.52 Cr and satisfied charges of ₹18.28 Cr as per latest MCA filings.
Apex Consumer Appliances has 48 court cases on record: 20 filed by the company and 28 filed against it. 8 are pending. Most are in the district courts.
Apex Consumer Appliances was incorporated on 07 June 2010. It is registered with the Registrar of Companies, Mumbai.
Abhijit Shrikrishna Gokhale was appointed as Irp/Rp/Liquidator on 17 Feb 2025. Dhaval Anand Shah was appointed as Whole-Time Director on 07 Jun 2010. Kinjal Dhaval Shah was appointed as Whole-Time Director on 07 Jun 2010.
Apex Consumer Appliances can be reached through the website apex.ind.in. Its registered office is in Mumbai, Maharashtra, India.