About Chaudhary Ingots Private Limited
Data last updated:
Chaudhary Ingots Private Limited is a private limited company based in Uttar Pradesh, 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 steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 November 2001.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U27104UP2001PTC026354. Its GSTIN is 09AABCC7461K3ZB (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹4.59 Cr. It is led by directors Narendra Singh Panwar (Whole-Time Director) and Ashok Sharma.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Village Vehlanameerut Road Muzaffar Nagar, Uttar Pradesh, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹32.9 Cr. For the same year it recorded a net loss of ₹9.28 Cr (net margin -28.2%) and EBITDA of -₹5.58 Cr (EBITDA margin -17%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.14 Cr and satisfied charges of ₹18.16 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it; 1 case is pending.
The last known website on record is mrjsteels.com.
Company details
Contact details
Chaudhary Ingots Private Limited's registered office is in Uttar Pradesh. Its website is mrjsteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Vehlanameerut Road Muzaffar Nagar, Uttar Pradesh, India
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Chaudhary Ingots Private 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 Chaudhary Ingots is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Chaudhary Ingots Private Limited, buy the company report.
Financials of Chaudhary Ingots Private Limited
FY 2019 filings availableChaudhary Ingots Private Limited reported revenue of ₹32.9 Cr for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over three years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹32.9 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.28 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17% | ||||
| Net Profit Margin | -28.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Chaudhary Ingots Private Limited, buy the company report.
Board of directors of Chaudhary Ingots Private Limited
Chaudhary Ingots has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Singh Panwar | Whole-Time Director | 06 Dec 2001 | 24 Years 10 Months | As last reported |
| Ashok Sharma | Director | 19 Nov 2001 | 24 Years 11 Months | As last reported |
Auditor
Chaudhary Ingots Private Limited is audited by SANJAY KUMAR AGARWAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY KUMAR AGARWAL & ASSOCIATES | FY 2019 | 002873C |
Shareholding
The shareholding of Chaudhary Ingots Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Chaudhary Ingots Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2011 | 10310091 | Canara Bank | ₹11.5 Cr | Open | |
| 29 Aug 2011 | 10310094 | Canara Bank | ₹11.5 Cr | Open | |
| 29 Aug 2011 | 10310088 | Canara Bank | ₹6.5 Lakh | Open | |
| 13 Aug 2004 | 90277739 | Punjab National Bank | ₹7 Lakh | Open | |
| 29 Aug 2011 | 10310092 | Canara Bank | ₹72.41 Lakh | Satisfied |
To see the full charge records of Chaudhary Ingots Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Chaudhary Ingots Private Limited has 16 court cases on record: 10 filed by Chaudhary Ingots, 6 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 0 |
| NCLAT | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Monnet Ispat Energy Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against M/S Monnet Ispat & Energy Ltd. | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Pashchimanchal Vidyut Vitran Nigam Ltd. and Others | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against U.P. Power Corporation Limited and Others | Disposed |
| Supreme Court | Court case (2410-Indirect Taxation : Others) | Filed by the company against The State of Uttar Pradesh Energy Anubhag 3 THR. Principal Secretary THR. Principal Secretary Govt. O U.P ,Lucknow , Uttar Pradesh and 4 others | Pending |
To see the full case history of Chaudhary Ingots Private 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 Chaudhary Ingots Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chaudhary Ingots Private Limited has a workforce of 17 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Chaudhary Ingots has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCC7461K3ZB | Uttar Pradesh | Active | 21 Jul 2020 |
To see the full GST registrations and return filing status of Chaudhary Ingots Private Limited, buy the company report.
Recent activity
Chaudhary Ingots Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Yatendra Singh Panwar ceased to be Director on 14 May 2015.
19 earlier events are in the company report.
Frequently asked questions
Chaudhary Ingots 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.
Chaudhary Ingots is a company under liquidation, formerly operating as a private limited company based in Uttar Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 November 2001 and is registered under CIN U27104UP2001PTC026354. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Chaudhary Ingots has 2 current directors:
- Narendra Singh Panwar - Whole-Time Director
- Ashok Sharma - Director
The latest financial statements of Chaudhary Ingots on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Chaudhary Ingots is U27104UP2001PTC026354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chaudhary Ingots has open charges of ₹23.14 Cr and satisfied charges of ₹18.16 Cr as per latest MCA filings.
Chaudhary Ingots has 16 court cases on record: 10 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Chaudhary Ingots was incorporated on 19 November 2001. It is registered with the Registrar of Companies, Kanpur.
Yatendra Singh Panwar ceased to be Director on 14 May 2015. Narendra Singh Panwar ceased to be Director on 01 Jul 2012. Narendra Singh Panwar was appointed as Whole-Time Director on 06 Dec 2001. Chaudhary Ingots has 4 board changes on record in total.
Chaudhary Ingots can be reached through the website mrjsteels.com. Its registered office is in Uttar Pradesh, India.
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