About Ecoman Enviro Solutions Private Limited
Data last updated:
Ecoman Enviro Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 02 December 2009.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U90001PN2009PTC135101. Its GSTIN is 27AACCE2775R1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bipin Vijay Salunke (Managing Director) and Sulabha Vijay Salunke (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No 1101 11th Floor Msr Queenstown Building No F Cts No 3876 Chinchwad, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.11 Lakh (net margin 0.4%) and EBITDA of ₹74.53 Lakh (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ecoman Enviro Solutions and Ecoman. As per MCA filings, the company has open charges of ₹5.31 Cr and satisfied charges of ₹4.1 Cr on record. Court records list 54 cases involving the company, including 9 filed by the company and 45 filed against it; 22 cases are pending.
The last known website on record is ecoman.co.in.
Company details
Contact details
Ecoman Enviro Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is ecoman.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No 1101 11th Floor Msr Queenstown Building No F Cts No 3876 Chinchwad, Pune, Maharashtra, India – 411033
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Ecoman Enviro Solutions 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
Brands
Ecoman Enviro Solutions operates two associated brands: Ecoman Enviro Solutions and Ecoman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides direct-to-consumer food waste composting machines. | ecomanenviro.com | |
| Delivers comprehensive waste management services. | ecoman.in |
Business activity
The main business activity of Ecoman Enviro Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ecoman Enviro Solutions Private Limited, buy the company report.
Financials of Ecoman Enviro Solutions Private Limited
FY 2022 filings availableEcoman Enviro Solutions Private Limited reported revenue of ₹10.42 Cr (up 327% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 327% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 164% in the latest year. 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
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| EBITDA | ₹74.53 Lakh | ||||
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| Net Profit (PAT) | ₹4.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Ecoman Enviro Solutions Private Limited, buy the company report.
Board of directors of Ecoman Enviro Solutions Private Limited
Ecoman Enviro Solutions 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 |
|---|---|---|---|---|
| Bipin Vijay Salunke | Managing Director | 02 Dec 2009 | 16 Years 10 Months | As last reported |
| Sulabha Vijay Salunke | Whole-Time Director | 02 Dec 2009 | 16 Years 10 Months | As last reported |
Auditor
Ecoman Enviro Solutions Private Limited is audited by P R DHOOT AND CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R DHOOT AND CO | FY 2020 | 144066W |
Shareholding
The shareholding of Ecoman Enviro Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ecoman Enviro Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2014 | 10539120 | Hdfc Bank Limited | ₹5.31 Cr | Open | |
| 27 Jun 2015 | 10580427 | Dewan Housing Finance Corporation Limited | ₹82.65 Lakh | Satisfied | |
| 29 May 2015 | 10575741 | Dewan Housing Finance Corporation Limited | ₹77.48 Lakh | Satisfied | |
| 06 Dec 2014 | 10536969 | Idbi Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Ecoman Enviro Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ecoman Enviro Solutions Private Limited has 54 court cases on record: 9 filed by Ecoman Enviro Solutions, 45 filed against it. 22 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 33 | 21 |
| NCLAT | 9 | 6 | 1 |
| High courts | 4 | 0 | 0 |
| Supreme Court | 3 | 3 | 0 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by HDFC Bank Ltd Through Niraj Tiwari | Pending |
| District court, Satara, Maharashtra | Civil suit | Filed against the company by Precise Technofab India Pvt Ltd Through Its Manager Shri Pradip Madhukar Jadhav | Pending |
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed against the company by MRC Logistics India Pvt Ltd | Pending |
| District court, Anand, Gujarat | Criminal complaint | Filed against the company by Kamleshbhai Dhirubhai Patel Secratary of Power Build Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Indo Allied Protein Foods Pvt Ltd Through Its Director Mr Santosh Shivaji Bhosale | Pending |
To see the full case history of Ecoman Enviro Solutions 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 Ecoman Enviro Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ecoman Enviro Solutions Private Limited has a workforce of 8 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Ecoman Enviro Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE2775R1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ecoman Enviro Solutions Private Limited, buy the company report.
Recent activity
Ecoman Enviro Solutions Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Sulabha Vijay Salunke ceased to be Director on 01 Apr 2017.
4 earlier events are in the company report.
Frequently asked questions
Ecoman Enviro Solutions is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ecoman Enviro Solutions is a company under insolvency, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 02 December 2009 and is registered under CIN U90001PN2009PTC135101. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ecoman Enviro Solutions has 2 current directors:
- Bipin Vijay Salunke - Managing Director
- Sulabha Vijay Salunke - Whole-Time Director
The latest financial statements of Ecoman Enviro Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ecoman Enviro Solutions is U90001PN2009PTC135101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecoman Enviro Solutions has open charges of ₹5.31 Cr and satisfied charges of ₹4.1 Cr as per latest MCA filings.
Ecoman Enviro Solutions has 54 court cases on record: 9 filed by the company and 45 filed against it. 22 are pending. Most are in the district courts.
Ecoman Enviro Solutions was incorporated on 02 December 2009. It is registered with the Registrar of Companies, Pune.
Sulabha Vijay Salunke ceased to be Director on 01 Apr 2017. Rajesh Krishnakumar Goyal ceased to be Additional Director on 04 Apr 2015. Bipin Vijay Salunke ceased to be Director on 31 Mar 2015. Ecoman Enviro Solutions has 5 board changes on record in total.
Ecoman Enviro Solutions can be reached through the website ecoman.co.in. Its registered office is in Pune, Maharashtra, India.