Chandra Proteco Limited - metals and minerals in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U27109WB2004PLC100708 Incorporated 14 December 2004 ROC Kolkata HQ Kolkata, West Bengal, India
Under Liquidation Public Limited Company metals and minerals
Data last updated
Revenue · FY 2017
₹20.56 Lakh
▼ 2% YoY
Net loss · FY 2017
₹43.28 Cr
Latest filing
EBITDA · FY 2017
-₹43.27 Cr
Latest filing
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹15.04 Cr
Issued & subscribed
Open charges
₹434.81 Cr
Satisfied ₹114.26 Cr
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings

About Chandra Proteco Limited

Data last updated:

Chandra Proteco Limited is a public limited company based in Kolkata, West Bengal, 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 metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 December 2004.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2004PLC100708. The company has 3 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹15.04 Cr. It is led by directors including Mukul Gupta (Managing Director) and Aparna Gupta (Whole-Time Director).

Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 165 Rabindra Sarani Room No. 405A, Kolkata, West Bengal, India – 700007.

As per the financials filed for FY 2017, the company reported a revenue of ₹20.56 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹43.28 Cr and EBITDA of -₹43.27 Cr.

As per MCA filings, the company has open charges of ₹434.81 Cr and satisfied charges of ₹114.26 Cr on record. Court records list 30 cases involving the company, including 10 filed by the company and 19 filed against it; 3 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹52.56 Cr; the latest was in March 2017.

The last known website on record is chandra-group.com.

Company Details of Chandra Proteco Limited
CIN U27109WB2004PLC100708
Registration Number 100708
Incorporation Date 14 December 2004
ROC Kolkata
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 28 September 2017
Date of Balance Sheet 31 March 2017
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    165 Rabindra Sarani Room No. 405A, Kolkata, West Bengal, India – 700007
  • Industry
    Metals and Minerals, Metal Manufacturing & Processing
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Financials, compliance, directors, charges, ownership and filings for Chandra Proteco Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Chandra Proteco Limited

The main business activity of Chandra Proteco is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Financials of Chandra Proteco Limited FY 2017 filings available

Chandra Proteco Limited reported revenue of ₹20.56 Lakh (down 2% YoY) for FY 2017.

Revenue · FY 2017
₹20.56 Lakh ▼ 2%
Net loss · FY 2017
₹43.28 Cr
EBITDA · FY 2017
-₹43.27 Cr

Compounded Annual Growth Rate (CAGR) of Chandra Proteco Limited

Revenue CAGR growth
1 year
▼ 2%
EBITDA CAGR growth
1 year
▼ 45%

Revenue fell 2% in the latest year. EBITDA fell 45% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Chandra Proteco Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue••••••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA-₹43.27 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹43.28 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 of Chandra Proteco Limited

MetricsFY 2016-17FY 2015-16FY 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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chandra Proteco are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Chandra Proteco Limited

Chandra Proteco Limited is audited by Ashwini S. Agrawal & Associates for the financial year 2016.

NameStatusAppointment DateCessation Date
Ashwini S. Agrawal & AssociatesLockedLockedLocked
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Board of Directors of Chandra Proteco Limited

Chandra Proteco has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Aparna GuptaWhole-Time Director14 Dec 200421 Years 9 MonthsAs last reported
Mukul GuptaManaging Director14 Dec 200619 Years 9 MonthsAs last reported
Naveen KhatriDirector20 Sep 201610 Years 0 MonthsAs last reported

Ownership and Shareholding of Chandra Proteco Limited

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Charges & Borrowings of Chandra Proteco Limited

Open charges
₹434.81 Cr
Satisfied charges
₹114.26 Cr
Breakdown by lending institutions
Idbi Bank Limited₹299.56 Cr
Bank of Maharashtra₹60.00 Cr
Allahabad Bank₹44.25 Cr
Bank of India₹16.00 Cr
Corporation Bank₹10.00 Cr
Others₹5.00 Cr
Latest charge details
DateLenderAmountStatus
29 Jul 2013Bank of Maharashtra₹60 CrOpen
25 Mar 2013Allahabad Bank₹44.25 CrOpen
31 Dec 2012Andhra Bank₹5 CrOpen
17 Sep 2011Bank of India₹6 CrOpen
17 Sep 2011Bank of India₹10 CrOpen

Total charge records: 12 View all charges

Deals & Funding of Chandra Proteco Limited

Chandra Proteco Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹52.56 Cr; the latest was in March 2017.

Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹52.56 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedBuyer: Pragati Dealcomm Private Limited , Virtuous Holdings Private Limited , Vision Commotrade Private Limited
Seller: Vedik Holdings Pvt Ltd
Mar 2011Funding round₹21.77 CrInvestors: Winning Colours Pte. Ltd., Vedik Holdings Pvt Ltd , Datum Securities Limited
Mar 2010Funding round₹22.03 CrInvestors: Winning Colours Pte. Ltd., Virtuous Holdings Private Limited , Datum Securities Limited
Mar 2010Secondary share transferUndisclosedBuyer: Virtuous Holdings Private Limited , 3 individuals
Seller: Chandra Metals Private Limited , an individual
Mar 2007Funding round₹8.75 CrInvestors: Datum Securities Limited , Chandra Metals Private Limited
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Chandra Proteco Limited

Employment history and EPFO contributions of people linked to Chandra Proteco.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Chandra Proteco Limited

Chandra Proteco has one previous CIN (Corporate Identification Number): U27109WB2004PTC100708. The current CIN is U27109WB2004PLC100708, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27109WB2004PLC100708Current
U27109WB2004PTC100708Previous

Recent Activity on Chandra Proteco Limited

Activity
28 Sep 2017
Chandra Proteco Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.
Activity
31 Mar 2017
Chandra Proteco Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Kolkata.
Charges
29 Jul 2013
A charge with Bank Of Maharashtra amounted to Rs. 60.00 Cr with Charge ID 10552290 was registered on 29 Jul 2013.
Charges
25 Mar 2013
A charge with Allahabad Bank amounted to Rs. 44.25 Cr with Charge ID 10420645 was registered on 25 Mar 2013.
Charges
25 Mar 2013
A charge with Idbi Bank Limited of Rs. 299.56 Cr registered on 04 Dec 2009 with Charge ID 10189329 was modified on 25 Mar 2013.
Charges
31 Dec 2012
A charge with Andhra Bank amounted to Rs. 5.00 Cr with Charge ID 10399705 was registered on 31 Dec 2012.

Director changes at Chandra Proteco Limited

Chandra Proteco Limited has 9 board changes on record since 2004: 3 appointments and 6 cessations. The latest: Akhilesh Kumar Ramsharan Tiwari ceased to be Additional Director on 21 Sep 2016.

Ceased
Akhilesh Kumar Ramsharan Tiwari ceased to be Additional Director.
Appointed
Naveen Khatri was appointed as Director.
Ceased
Jagdish Kumar Kesarwani ceased to be Whole-Time Director.
Ceased
Ranjeet Gupta ceased to be Director.
Ceased
Rina Bharat Kaushal ceased to be Director.
Ceased
Mukul Gupta ceased to be Director.
Appointed
Mukul Gupta was appointed as Managing Director.
Ceased
Anilesh Gupta ceased to be Director.
Appointed
Aparna Gupta was appointed as Whole-Time Director.

Credit Ratings, Litigation & Regulatory Alerts for Chandra Proteco Limited

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MSME Payment Delays by Chandra Proteco Limited

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MSME payment history

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Subsidiaries & Group Companies of Chandra Proteco Limited

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Corporate group structure

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GST Compliance of Chandra Proteco Limited

Chandra Proteco 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.

Total GSTINs
3
Cancelled / inactive
3
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Chandra Proteco Limited

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MCA filings and documents

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Frequently Asked Questions about Chandra Proteco Limited

Chandra Proteco 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.

Chandra Proteco is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 December 2004 and is registered under CIN U27109WB2004PLC100708. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Chandra Proteco reported revenue of ₹20.56 Lakh for FY 2017 (down 2% YoY).

Chandra Proteco has 3 current directors:

Chandra Proteco reported a net loss of ₹43.28 Cr and EBITDA of -₹43.27 Cr for FY 2017, as per its filed financial statements.

The CIN (Corporate Identification Number) of Chandra Proteco is U27109WB2004PLC100708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chandra Proteco has open charges of ₹434.81 Cr and satisfied charges of ₹114.26 Cr as per latest MCA filings.

Chandra Proteco has 30 court cases on record: 10 filed by the company and 19 filed against it. 3 are pending. Most are in the district courts.

Chandra Proteco was incorporated on 14 December 2004. It is registered with the Registrar of Companies, Kolkata.

Chandra Proteco has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹52.56 Cr; the latest was in March 2017.

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