About Castings Dynamics Limited
Data last updated:
Castings Dynamics Limited is a public limited company based in Mumbai, 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 specialises in die casting and metal forming, a part of the broader manufacturing sector. Incorporated on 01 September 1994, the company has been in operation for over 32 years.
Registered with ROC Mumbai under CIN U40100MH1994PLC080707.
Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹3.62 Cr. Formerly known as Igl Castings Limited and India Power Services Limited. It is led by directors including Suresh Mal Lodha and Indu Lodha.
Last AGM: 30 September 2019. Financial statements filed for year ended 31 March 2019. Office: 502 5Th Floor B Wing Pinnacle Corporate Park Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.97 Cr, a decline of 55% compared to the previous year.
The company has a workforce of approximately 162 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹121.11 Cr and satisfied charges of ₹15.45 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is globalindsur.in.
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- Registered Address502 5Th Floor B Wing Pinnacle Corporate Park Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryManufacturing, Die Casting & Metal Forming
- 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
Name History of Castings Dynamics
Castings Dynamics has undergone 20 name changes throughout its history. The current legal name is Castings Dynamics Limited.
| Company Name | Status |
|---|---|
| Castings Dynamics Limited | Current |
| Igl Castings Limited | Previous |
| India Power Services Limited | Previous |
| Metalcast Igl Ltd | Previous |
| Infracast Group Limited | Previous |
| Stelcor India Limited | Previous |
| Indsur Global Limited | Previous |
| Metalcast Igl Limited | Previous |
| Lodha Industries Limited | Previous |
| Ain India Limited | Previous |
| Infracast Corporation Limited | Previous |
| Infracast India Limited | Previous |
| Kkast Limited | Previous |
| Halol Castings (India)Limited | Previous |
| India Power Services Private Limited | Previous |
| Infracast Global Limited | Previous |
| Ipsl Industries Ltd | Previous |
| Kkast India Limited | Previous |
| Infracast Industries Limited | Previous |
| Indsur Metallics Limited | Previous |
| Cast Alloys Global Limited | Previous |
CIN History of Castings Dynamics
Castings Dynamics has one previous CIN (Corporate Identification Number): U40100MH1994PTC080707. The current CIN is U40100MH1994PLC080707, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100MH1994PLC080707 | Current |
| U40100MH1994PTC080707 | Previous |
Business Activity of Castings Dynamics
The main business activity of Castings Dynamics is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Castings Dynamics Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Castings Dynamics
Castings Dynamics Limited is audited by R C KOTHARI & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R C KOTHARI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Castings Dynamics 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 of Castings Dynamics Limited
Castings Dynamics 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 |
|---|---|---|---|---|
| Suresh Mal Lodha | Additional Director | 01 Apr 2019 | 7 Years 6 Months | As last reported |
| Indu Lodha | Additional Director | 01 Apr 2018 | 8 Years 6 Months | As last reported |
| Manish Sukhani Also directs: Sukhani's Kitchen LLP, 28Maei Professionals & Advisors LLP | Irp/Rp/Liquidator | 19 Jul 2023 | 3 Years 2 Months | As last reported |
| Amit Suresh Lodha | Director | 18 Dec 2009 | 16 Years 9 Months | As last reported |
Financials of Castings Dynamics Limited FY 2019 filings available
Castings Dynamics Limited reported revenue of ₹26.97 Cr (down 55.00% YoY) for FY 2019.
Ten-year financial statements for Castings Dynamics 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 Castings Dynamics
Shareholding and ownership data for Castings Dynamics 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 Castings Dynamics
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2017 | Axis Bank Limited | ₹4 Cr | Open |
| 22 Jun 2015 | Sbi Global Factors Limited | ₹7 Cr | Open |
| 16 Aug 2013 | Axis Bank Limited | ₹32.79 Cr | Open |
| 02 Feb 2012 | Axis Bank Limited | ₹24.92 Cr | Open |
| 06 Apr 2004 | Others | ₹52.4 Cr | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Castings Dynamics
Castings Dynamics Limited has a workforce of 162 employees as of Apr 07, 2024.
Employee and EPFO history for Castings Dynamics 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 Castings Dynamics
GST registrations and filing compliance for Castings Dynamics 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 Castings Dynamics
Credit ratings, litigation, and regulatory alerts for Castings Dynamics 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 Castings Dynamics
MSME payment history for Castings Dynamics 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 Castings Dynamics
Corporate group structure for Castings Dynamics 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 Castings Dynamics
MCA filings and documents for Castings Dynamics 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 Castings Dynamics
Frequently Asked Questions about Castings Dynamics Limited
Castings Dynamics 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.
Castings Dynamics is a company under liquidation, formerly operating as a public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 01 September 1994 and is registered under CIN U40100MH1994PLC080707. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Castings Dynamics reported revenue of ₹26.97 Cr for FY 2019 (down 55.00% YoY).
The current directors of Castings Dynamics are:
- Suresh Mal Lodha - Additional Director
- Indu Lodha - Additional Director
- Manish Sukhani - Irp/Rp/Liquidator
- Amit Suresh Lodha - Director
The CIN (Corporate Identification Number) of Castings Dynamics is U40100MH1994PLC080707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Castings Dynamics has open charges of ₹121.11 Cr and satisfied charges of ₹15.45 Cr as per latest MCA filings.