About Best & Crompton Engineering Projects Limited
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Best & Crompton Engineering Projects Limited is a public limited company based in Chennai, Tamil Nadu, 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 specialises in bop and btg services, a part of the broader energy and power sector. Incorporated on 21 October 1999, the company has been in operation for over 27 years.
Registered with ROC Chennai under CIN U28920TN1999PLC043385.
Capital: an authorised share capital of ₹64 Cr and a paid-up capital of ₹55.99 Cr. It is led by directors Alugolla Srinivasreddy and Nerendra Reddy Yeddula.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: No 19A Emerald Apartments Flat No 4 First Floor Wheatcrofts Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.4 Cr, a decline of 51% compared to the previous year.
The company has a workforce of approximately 3 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹493.5 Cr and satisfied charges of ₹133.15 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is bestandcrompton.com.
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- Registered AddressNo 19A Emerald Apartments Flat No 4 First Floor Wheatcrofts Road Nungambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Auditor Details of Best & Crompton Engineering Projects
Best & Crompton Engineering Projects Limited is audited by Venkat & Rangaa LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Venkat & Rangaa LLP | Locked | Locked | Locked |
Complete auditor history for Best & Crompton Engineering Projects Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Best & Crompton Engineering Projects Limited
Best & Crompton Engineering Projects Limited currently reports 2 directors and 1 key managerial person. 23 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seshagiri Rao Ippagunta | Ceo | 16 Dec 2020 | 5 Years 9 Months | As last reported |
| Alugolla Srinivasreddy | Additional Director | 20 Oct 2018 | 7 Years 11 Months | As last reported |
| Nerendra Reddy Yeddula Also directs: Velugu Power Solutions Private Limited | Additional Director | 01 Jan 2018 | 8 Years 9 Months | As last reported |
Financials of Best & Crompton Engineering Projects Limited FY 2024 filings available
Best & Crompton Engineering Projects Limited reported revenue of ₹1.4 Cr (down 51.00% YoY) for FY 2024.
Ten-year financial statements for Best & Crompton Engineering Projects Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Best & Crompton Engineering Projects
Shareholding and ownership data for Best & Crompton Engineering Projects Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Best & Crompton Engineering Projects
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2013 | Corporation Bank | ₹12 Cr | Open |
| 12 Oct 2011 | Central Bank of India | ₹300 Cr | Open |
| 02 Dec 2010 | Central Bank of India | ₹128 Cr | Open |
| 22 Nov 2006 | The Federal Bank Ltd | ₹27.5 Cr | Open |
| 07 Nov 2001 | Global Trust Bank Ltd. | ₹16 Cr | Open |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Best & Crompton Engineering Projects
Best & Crompton Engineering Projects Limited has a workforce of 3 employees as of Apr 07, 2024.
Employee and EPFO history for Best & Crompton Engineering Projects Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Best & Crompton Engineering Projects
GST registrations and filing compliance for Best & Crompton Engineering Projects Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Best & Crompton Engineering Projects
Credit ratings, litigation, and regulatory alerts for Best & Crompton Engineering Projects Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Best & Crompton Engineering Projects
MSME payment history for Best & Crompton Engineering Projects Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Best & Crompton Engineering Projects
Corporate group structure for Best & Crompton Engineering Projects Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Best & Crompton Engineering Projects
MCA filings and documents for Best & Crompton Engineering Projects Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Best & Crompton Engineering Projects
Frequently Asked Questions about Best & Crompton Engineering Projects Limited
Best & Crompton Engineering Projects 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.
Best & Crompton Engineering Projects is a company under insolvency, formerly operating as a public limited company in the energy and power sector based in Chennai, Tamil Nadu, India. It was incorporated on 21 October 1999 and is registered under CIN U28920TN1999PLC043385. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Best & Crompton Engineering Projects reported revenue of ₹1.4 Cr for FY 2024 (down 51.00% YoY).
The current directors and KMP of Best & Crompton Engineering Projects are:
- Seshagiri Rao Ippagunta - Ceo
- Alugolla Srinivasreddy - Additional Director
- Nerendra Reddy Yeddula - Additional Director
The CIN (Corporate Identification Number) of Best & Crompton Engineering Projects is U28920TN1999PLC043385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best & Crompton Engineering Projects has open charges of ₹493.5 Cr and satisfied charges of ₹133.15 Cr as per latest MCA filings.