Api Industries Private Limited
About Api Industries Private Limited
Data last updated:
Api Industries Private Limited is a private limited company based in Bhavnagar, Gujarat, 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 industrial chemicals segment of the chemicals and materials sector. It was incorporated on 12 August 2010.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24139GJ2010PTC061975. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Pankajbhai Harilal Valia and Bharat Valia.
Its last annual general meeting (AGM) was held on 28 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at A/3 Rameshwar Complex Ghogha Circle, Bhavnagar, Gujarat, India – 364002.
As per MCA filings, the company has open charges of ₹72 Cr on record. Court records list 34 cases involving the company, including 8 filed by the company and 26 filed against it; 5 cases are pending.
Company details
Contact details
Api Industries Private Limited's registered office is in Bhavnagar, Gujarat.
- Registered AddressA/3 Rameshwar Complex Ghogha Circle, Bhavnagar, Gujarat, India – 364002
- IndustryChemicals and Materials, Industrial Chemicals
- 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
Financials of Api Industries Private Limited
FY 2013 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Api Industries Private Limited, buy the company report.
Board of directors of Api Industries Private Limited
Api Industries 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 |
|---|---|---|---|---|
| Bharat Valia | Additional Director | 01 Feb 2015 | 11 Years 8 Months | As last reported |
| Pankajbhai Harilal Valia | Director | 12 Aug 2010 | 16 Years 2 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2014 | 10489078 | State Bank of India | ₹34 Cr | Open | |
| 29 Dec 2010 | 10283220 | State Bank of India | ₹38 Cr | Open |
To see the full charge records of Api Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Api Industries Private Limited has 34 court cases on record: 8 filed by Api Industries, 26 filed against it. 5 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 11 | 4 |
| NCLT | 11 | 3 | 0 |
| District courts | 10 | 10 | 1 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by S E Investments Limited | Pending |
| Bombay High Court | Court case (EXA) | Filed against the company by KPL International Limited | Pending |
| Bombay High Court | Court case (CHS) | Filed against the company by KPL International Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Suraksha Realty Limited | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by S.E. Investments Limited | Disposed |
To see the full case history of Api Industries 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 Api Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Api Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Api Industries Private Limited, buy the company report.
Recent activity
Api Industries Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Nitinbhai Anantray Sanghavi ceased to be Additional Director on 02 Feb 2015.
Frequently asked questions
Api Industries 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.
Api Industries is a company under liquidation, formerly operating as a private limited company based in Bhavnagar, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 12 August 2010 and is registered under CIN U24139GJ2010PTC061975. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Api Industries has 2 current directors:
- Bharat Valia - Additional Director
- Pankajbhai Harilal Valia - Director
The latest financial statements of Api Industries on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 28 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Api Industries is U24139GJ2010PTC061975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Api Industries has open charges of ₹72 Cr and no satisfied charges on record as per latest MCA filings.
Api Industries has 34 court cases on record: 8 filed by the company and 26 filed against it. 5 are pending. Most are in the high courts.
Api Industries was incorporated on 12 August 2010. It is registered with the Registrar of Companies, Ahmedabad.
Nitinbhai Anantray Sanghavi ceased to be Additional Director on 02 Feb 2015. Bharat Valia was appointed as Additional Director on 01 Feb 2015. Hardik Bharat Valia ceased to be Director on 22 Nov 2013. Api Industries has 5 board changes on record in total.
The registered office of Api Industries is at A3 Rameshwar Complex Ghogha Circle, Bhavnagar, Gujarat, India – 364002.