About Eagle Corporation Private Limited
Data last updated:
Eagle Corporation Private Limited is a private limited company based in Ahmedabad, Gujarat, 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 travel and tour services segment of the transport and logistics sector. It was incorporated on 14 February 2001.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2001PTC039262. Its GSTIN is 24AAACE8903H2ZT (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Kanchanben Rasikbhai Bavariya and Ashish Prabhulal Chauhan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shopno.G – 01 Onyx – 2 Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2018, the company reported a revenue of ₹21.74 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹1.52 Cr (net margin -7%) and EBITDA of ₹1.42 Cr (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.11 Cr and satisfied charges of ₹12.42 Cr on record. Court records list 131 cases involving the company, including 12 filed by the company and 120 filed against it; 9 cases are pending.
The last known website on record is eaglebus.in.
Company details
Contact details
Eagle Corporation Private Limited's registered office is in Ahmedabad, Gujarat. Its website is eaglebus.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressShopno.G – 01 Onyx – 2 Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Eagle Corporation 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 Eagle Corporation is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Eagle Corporation Private Limited, buy the company report.
Financials of Eagle Corporation Private Limited
FY 2018 filings availableEagle Corporation Private Limited reported revenue of ₹21.74 Cr (up 8% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 6%. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹21.74 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.42 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.52 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.5% | |||
| Net Profit Margin | -7% | |||
| 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 | ||||
To see the full financial statements and ratios of Eagle Corporation Private Limited, buy the company report.
Board of directors of Eagle Corporation Private Limited
Eagle Corporation has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanchanben Rasikbhai Bavariya | Director | 14 Feb 2001 | 25 Years 9 Months | As last reported |
| Ashish Prabhulal Chauhan | Director | 15 Jan 2019 | 7 Years 9 Months | As last reported |
Auditor
Eagle Corporation Private Limited is audited by J C SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J C SHAH & CO | FY 2018 | 109599W |
Shareholding
The shareholding of Eagle Corporation Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Eagle Corporation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2015 | 10621590 | Srei Equipment Finance Limited | ₹86.4 Lakh | Open | |
| 30 Jun 2014 | 10557425 | Others | ₹1.5 Cr | Open | |
| 02 Jun 2014 | 10546078 | Hdfc Bank Limited | ₹1.28 Cr | Open | |
| 02 Jun 2014 | 10546077 | Hdfc Bank Limited | ₹1.05 Cr | Open | |
| 31 Dec 2013 | 10474356 | Others | ₹1.2 Cr | Open |
To see the full charge records of Eagle Corporation Private Limited, buy the company report.
Total charge records: 38 View all charges
Legal cases
Eagle Corporation Private Limited has 131 court cases on record: 12 filed by Eagle Corporation, 120 filed against it. 9 cases are pending and 122 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 111 | 111 | 5 |
| High courts | 10 | 4 | 1 |
| NCLT | 7 | 2 | 3 |
| NCLAT | 3 | 3 | 0 |
Cases on record (5 of 131)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Bajaj Housing Finance Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Sunil Kumar Agarwal RP of Eagle Corporation Pvt. Ltd | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Coc of Eagle Corporation Pvt. Ltd and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Reliance Capital Limited | Disposed |
To see the full case history of Eagle Corporation 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 Eagle Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Eagle Corporation Private Limited has a workforce of 23 employees on its EPFO records as of Aug 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 23 |
| FY 2016-17 |
To see the full employee and EPFO history of Eagle Corporation Private Limited, buy the company report.
GST
Eagle Corporation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE8903H2ZT | Gujarat | Active | 17 Jul 2020 |
To see the full GST registrations and return filing status of Eagle Corporation Private Limited, buy the company report.
Recent activity
Eagle Corporation Private Limited has 8 board changes on record since 2001: 2 appointments and 6 cessations. The latest: Jayendra Rasiklal Bawaria ceased to be Managing Director on 08 Apr 2019.
50 earlier events are in the company report.
Frequently asked questions
Eagle Corporation 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.
Eagle Corporation is a company under liquidation, formerly operating as a private limited company based in Ahmedabad, Gujarat, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 14 February 2001 and is registered under CIN U51909GJ2001PTC039262. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Eagle Corporation has 2 current directors:
- Kanchanben Rasikbhai Bavariya - Director
- Ashish Prabhulal Chauhan - Director
The latest financial statements of Eagle Corporation on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Eagle Corporation is U51909GJ2001PTC039262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eagle Corporation has open charges of ₹29.11 Cr and satisfied charges of ₹12.42 Cr as per latest MCA filings.
Eagle Corporation has 131 court cases on record: 12 filed by the company and 120 filed against it. 9 are pending. Most are in the district courts.
Eagle Corporation was incorporated on 14 February 2001. It is registered with the Registrar of Companies, Ahmedabad.
Jayendra Rasiklal Bawaria ceased to be Managing Director on 08 Apr 2019. Darshan Jayendra Bavaria ceased to be Director on 25 Jan 2019. Jayshri Jayendrabhai Bavariya ceased to be Director on 25 Jan 2019. Eagle Corporation has 8 board changes on record in total.
Eagle Corporation can be reached through the website eaglebus.in. Its registered office is in Ahmedabad, Gujarat, India.
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