Api Engineers and Equipment Pvt Ltd
About Api Engineers and Equipment Pvt Ltd
Data last updated:
Api Engineers and Equipment Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 06 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2003PTC017930. Its GSTIN is 27AAECA6884D1ZK (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pradnya Atul Purandare and Amol Girdharilal Karwa.
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 18A Kapila Housing Socgokhale Nagar, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹56.49 Lakh (net margin -29.6%) and EBITDA of -₹23.06 Lakh (EBITDA margin -12.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹1.35 Cr on record. Court records list 21 cases involving the company, including 21 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Api Engineers and Equipment Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address18A Kapila Housing Socgokhale Nagar, Pune, Maharashtra, India – 411016
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Api Engineers and Equipment Pvt Ltd, 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 Api Engineers and Equipment is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Api Engineers and Equipment Pvt Ltd, buy the company report.
Financials of Api Engineers and Equipment Pvt Ltd
FY 2021 filings availableApi Engineers and Equipment Pvt Ltd reported revenue of ₹1.91 Cr (up 426% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 426% growth in the latest year. EBITDA rose 62% 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 | ₹1.91 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | -12.1% | ||||
| Net Profit Margin | -29.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Api Engineers and Equipment Pvt Ltd, buy the company report.
Board of directors of Api Engineers and Equipment Pvt Ltd
Api Engineers and Equipment has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Tulsidas Ahuja Also directs: Bricstone Resources & Infrastructure Private Limited | Additional Director | 23 May 2019 | 7 Years 5 Months | Current |
| Pradnya Atul Purandare | Director | 25 Mar 2006 | 20 Years 7 Months | Current |
| Amol Girdharilal Karwa Also directs: Api Development Corporation Private Limited | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Api Engineers and Equipment Pvt Ltd is audited by V R KHANDELWAL & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V R KHANDELWAL & COMPANY | FY 2021 | 133432W |
Shareholding
The shareholding of Api Engineers and Equipment Pvt Ltd 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Api Engineers and Equipment Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2004 | 90094105 | Vasantdoda Shetkori Sahakari Bank Ltd | ₹10 Lakh | Open | |
| 20 Feb 2004 | 90093990 | Vasantdoda Shetkori Sahakari Bank Ltd | ₹1 Cr | Open | |
| 04 Nov 2003 | 90093945 | Vasantdoda Shetkori Sahakari Bank Ltd | ₹25 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Api Engineers and Equipment Pvt Ltd has 21 court cases on record: 21 filed against it. 8 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 8 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Navinbhai Cables Pvt Ltd. | Pending |
| NCLT, Mumbai | Court case (RCP(IB)) | Filed against the company by Gupta Power Infrastructure Ltd | Disposed |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by Bonton Cables India Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Gupta Power Infrastructure Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by M/S. Refex Energy Ltd., | Disposed |
To see the full case history of Api Engineers and Equipment Pvt Ltd, 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 Api Engineers and Equipment Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Api Engineers and Equipment Pvt Ltd has 1 active EPFO establishment as of Apr 09, 2024.
GST
Api Engineers and Equipment has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA6884D1ZK | Maharashtra | Active | 01 Jul 2017 |
| 292100000111ARE | Karnataka | Active | 02 Feb 2021 |
| 29AAECA6884D1ZG | Karnataka | Active | 02 Feb 2021 |
To see the full GST registrations and return filing status of Api Engineers and Equipment Pvt Ltd, buy the company report.
Recent activity
Api Engineers and Equipment Pvt Ltd has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Raman Tulsidas Ahuja ceased to be Additional Director on 24 Jul 2019.
Frequently asked questions
Api Engineers and Equipment is an active private limited company based in Pune, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 06 May 2003 (23+ years old) and is registered under CIN U29299PN2003PTC017930.
Api Engineers and Equipment has 3 current directors:
- Raman Tulsidas Ahuja - Additional Director
- Pradnya Atul Purandare - Director
- Amol Girdharilal Karwa - Director
The latest financial statements of Api Engineers and Equipment 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 GSTIN of Api Engineers and Equipment is 27AAECA6884D1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 292100000111ARE (Karnataka), 29AAECA6884D1ZG (Karnataka).
The CIN (Corporate Identification Number) of Api Engineers and Equipment is U29299PN2003PTC017930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Api Engineers and Equipment has 21 court cases on record: 21 filed against it. 8 are pending. Most are in the district courts.
Api Engineers and Equipment was incorporated on 06 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Raman Tulsidas Ahuja ceased to be Additional Director on 24 Jul 2019. Lakshmi Prabhakar Marripalem was appointed as CFO on 23 May 2019. Raman Tulsidas Ahuja was appointed as Additional Director on 23 May 2019. Api Engineers and Equipment has 6 board changes on record in total.
The registered office of Api Engineers and Equipment is at 18A Kapila Housing Socgokhale Nagar, Pune, Maharashtra, India – 411016.
Api Engineers and Equipment operates in the engineering industry, in the procurement and construction (epc) segment.