Bhupen Electronic Limited
About Bhupen Electronic Limited
Data last updated:
Bhupen Electronic Limited is a public limited company based in Nagpur, Maharashtra, 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 textile and fabric production segment of the manufacturing sector. It was incorporated on 27 February 1985.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L32105MH1985PLC035516. Its GSTIN is 27AABCB7937R1ZX (Maharashtra). It is a listed company as per MCA records.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹24.5 Lakh. It was formerly known as Parasrampurta Polymides Limited and Bhupen Electronics Limited. It is led by directors Ram Nihor Shukla and Subhash Durgaprasad Bhatiwada.
Its last annual general meeting (AGM) was held on 27 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at F – 6 MIDC Industrial Area Hingana Road, Nagpur, Maharashtra, India – 440041.
As per MCA filings, the company has open charges of ₹12.45 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 1 case is pending.
Company details
Name history
Bhupen Electronic has undergone 2 name changes throughout its history. The company was previously known as Parasrampurta Polymides Limited, and Bhupen Electronics Limited. The current legal name is Bhupen Electronic Limited.
| Company Name | Status |
|---|---|
| Bhupen Electronic Limited | Current |
| Parasrampurta Polymides Limited | Previous |
| Bhupen Electronics Limited | Previous |
Contact details
Bhupen Electronic Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressF – 6 MIDC Industrial Area Hingana Road, Nagpur, Maharashtra, India – 440041
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bhupen Electronic 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 Bhupen Electronic is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
Financials of Bhupen Electronic Limited
FY 2016 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Bhupen Electronic Limited, buy the company report.
Board of directors of Bhupen Electronic Limited
Bhupen Electronic 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 |
|---|---|---|---|---|
| Ram Nihor Shukla Also directs: A1 Century Trades Limited, Shree Ram Constructions Pvt Ltd | Director | 11 Oct 2012 | 14 Years 0 Months | As last reported |
| Subhash Durgaprasad Bhatiwada Also directs: A1 Century Trades Limited, Alok Construction Company Private Limited, Beejal Trading Private Limited and 5 more | Director | 04 Jun 2007 | 19 Years 4 Months | As last reported |
Auditor
Bhupen Electronic Limited is audited by M A T AND CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A T AND CO | FY 2016 | 140377W |
Shareholding
The shareholding of Bhupen Electronic Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bhupen Electronic Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2007 | 100101269 | Others | ₹50 Lakh | Open | |
| 23 Dec 1995 | 90235711 | Others | ₹2 Cr | Open | |
| 30 Oct 1995 | 90235703 | Canara Bank | ₹15 Lakh | Open | |
| 09 Jun 1995 | 90235687 | Canara Bank | ₹30 Lakh | Open | |
| 19 Apr 1995 | 90235676 | State Bank of Indore | ₹2 Cr | Open |
To see the full charge records of Bhupen Electronic Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Bhupen Electronic Limited has 11 court cases on record: 3 filed by Bhupen Electronic, 8 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| NCLT | 3 | 1 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by M/S. Sachani Developers LLP | Disposed |
| Bombay High Court | Court case (BIFR) | Filed against the company by The Board for Industrial and Financial Reconstruction | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against The Deputy Commissioner of Customs Mumbai and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by The Assistant Registrar of Companies | Disposed |
To see the full case history of Bhupen Electronic 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 Bhupen Electronic Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhupen Electronic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB7937R1ZX | Maharashtra | Active | 16 Aug 2021 |
To see the full GST registrations and return filing status of Bhupen Electronic Limited, buy the company report.
Recent activity
Bhupen Electronic Limited has 8 board changes on record since 1999: 5 appointments and 3 cessations. The latest: Satendra Singh Rawat ceased to be Director on 01 Jan 2017.
6 earlier events are in the company report.
Frequently asked questions
Bhupen Electronic 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.
Bhupen Electronic is a company under liquidation, formerly operating as a public limited company based in Nagpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 February 1985 and is registered under CIN L32105MH1985PLC035516. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bhupen Electronic has 2 current directors:
- Ram Nihor Shukla - Director
- Subhash Durgaprasad Bhatiwada - Director
The latest financial statements of Bhupen Electronic on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 27 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bhupen Electronic is L32105MH1985PLC035516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bhupen Electronic is a listed company as per MCA records.
Bhupen Electronic has open charges of ₹12.45 Cr and no satisfied charges on record as per latest MCA filings.
Bhupen Electronic has 11 court cases on record: 3 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Bhupen Electronic was incorporated on 27 February 1985. It is registered with the Registrar of Companies, Mumbai.
Satendra Singh Rawat ceased to be Director on 01 Jan 2017. Jayprakash Matadin Joshi ceased to be Director on 21 Nov 2012. Satyanarayan Shyamsunder Khetan ceased to be Director on 21 Nov 2012. Bhupen Electronic has 8 board changes on record in total.