Beckons Industries Limited
About Beckons Industries Limited
Data last updated:
Beckons Industries Limited is a public limited company based in Jalalabad, Punjab, 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 electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 03 September 1992.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L21017PB1992PLC012574. The company has 3 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹78.45 Cr. It is led by directors including Rana Watts (Managing Director) and Deepak Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Scf: – 725 Indra Market Jalalabad(West), Punjab, India – 152024.
As per the financials filed for FY 2015, the company reported a revenue of ₹3.3 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹7.9 Cr and EBITDA of -₹75.3 Lakh.
As per MCA filings, the company has satisfied charges of ₹3.17 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
Company details
CIN history
Beckons Industries has one previous CIN (Corporate Identification Number): U21017PB1992PLC012574. The current CIN is L21017PB1992PLC012574, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L21017PB1992PLC012574 | Current |
| U21017PB1992PLC012574 | Previous |
Contact details
Beckons Industries Limited's registered office is in Jalalabad, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressScf: – 725 Indra Market Jalalabad(West), Punjab, India – 152024
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Beckons Industries 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
Financials of Beckons Industries Limited
FY 2015 filings availableBeckons Industries Limited reported revenue of ₹3.3 Lakh (down 97% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹3.3 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹75.3 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹7.9 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Beckons Industries Limited, buy the company report.
Board of directors of Beckons Industries Limited
Beckons Industries has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar | Director | 30 Sep 2011 | 15 Years 0 Months | As last reported |
| Deepak Kumar | Whole-Time Director | 30 Sep 2010 | 16 Years 0 Months | As last reported |
| Rana Watts Also directs: Krishna Gardens Private Limited | Managing Director | 30 Sep 2010 | 16 Years 0 Months | As last reported |
| Gurdeep Kaur | Additional Director | 09 Jan 2017 | 9 Years 9 Months | As last reported |
Auditor
Beckons Industries Limited is audited by N KUMAR & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N KUMAR & CO | FY 2015 | 001335N |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2005 | 80045711 | Union Bank of India | ₹1.25 Cr | Satisfied | |
| 02 Dec 2003 | 90172182 | Union Bank of India | ₹20 Lakh | Satisfied | |
| 28 Nov 2003 | 90172178 | Union Bank of India | ₹20 Lakh | Satisfied | |
| 17 Aug 2002 | 90169692 | Union Bankof India | ₹95,000 | Satisfied | |
| 12 Jul 2002 | 90172115 | Union Bank of India | ₹3.05 Lakh | Satisfied |
To see the full charge records of Beckons Industries Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Beckons Industries Limited has 6 court cases on record: 4 filed by Beckons Industries, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Summit Engineering Pvt Ltd | Disposed |
| District court, Chandigarh | Commercial suit | Filed against the company by Registrar of Companies Punjab Chandigarh | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Punjab & Sind Bank & Anr | Disposed |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against Commissioner of Income Tax & Anr. | Disposed |
To see the full case history of Beckons Industries 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 Beckons Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Beckons Industries Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Beckons Industries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Beckons Industries Limited, buy the company report.
Recent activity
Beckons Industries Limited has 32 board changes on record since 1992: 18 appointments and 14 cessations. The latest: Rajesh Girotra ceased to be Director on 09 Feb 2017.
41 earlier events are in the company report.
Frequently asked questions
Beckons Industries 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.
Beckons Industries is a company under insolvency, formerly operating as a public limited company based in Jalalabad, Punjab, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 03 September 1992 and is registered under CIN L21017PB1992PLC012574. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Beckons Industries has 4 current directors:
- Rana Watts - Managing Director
- Deepak Kumar - Whole-Time Director
- Amit Kumar - Director
- Gurdeep Kaur - Additional Director
The latest financial statements of Beckons Industries on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Beckons Industries is L21017PB1992PLC012574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Beckons Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
Beckons Industries has no open charges and satisfied charges of ₹3.17 Cr as per latest MCA filings.
Beckons Industries has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Beckons Industries was incorporated on 03 September 1992. It is registered with the Registrar of Companies, Chandigarh.
Rajesh Girotra ceased to be Director on 09 Feb 2017. Gurdeep Kaur was appointed as Additional Director on 09 Jan 2017. Niharika Goyal ceased to be Director on 09 Jan 2017. Beckons Industries has 32 board changes on record in total.