Ecotech Enterprise Private Limited
About Ecotech Enterprise Private Limited
Data last updated:
Ecotech Enterprise Private Limited is a private limited company based in Kolkata, West Bengal, 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 paper segment of the packaging sector. It was incorporated on 24 April 2006.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U22219WB2006PTC109049.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.36 Cr. It is led by directors including Puninder Singh Khurana (Whole-Time Director) and Avijit Das.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Sugandha Polba, Kolkata, West Bengal, India – 712102.
As per the financials filed for FY 2016, the company reported a revenue of ₹21.9 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹7.55 Cr (net margin -34.5%) and EBITDA of -₹3.13 Cr (EBITDA margin -14.3%).
As per MCA filings, the company has open charges of ₹32.4 Cr and satisfied charges of ₹4 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it; 7 cases are pending.
Company details
Contact details
Ecotech Enterprise Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSugandha Polba, Kolkata, West Bengal, India – 712102
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Ecotech Enterprise 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 activities of Ecotech Enterprise are manufacturing and trade. In detail, this covers wood and wood products, furniture, paper and paper products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ecotech Enterprise Private Limited, buy the company report.
Financials of Ecotech Enterprise Private Limited
FY 2016 filings availableEcotech Enterprise Private Limited reported revenue of ₹21.9 Cr (up 22% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 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 | -₹3.13 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7.55 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 | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -14.3% | |
| Net Profit Margin | -34.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Ecotech Enterprise Private Limited, buy the company report.
Board of directors of Ecotech Enterprise Private Limited
Ecotech Enterprise has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avijit Das Also directs: Aanavi Packaging Products Private Limited, Bharat Tin & Enamel Co Pvt Ltd, Puskar Vyapaar Pvt Ltd and 3 more | Director | 01 Mar 2022 | 4 Years 7 Months | As last reported |
| Mintu Adhikari Also directs: Aanavi Packaging Products Private Limited, Bharat Tin & Enamel Co Pvt Ltd, Puskar Vyapaar Pvt Ltd and 3 more | Director | 01 Mar 2022 | 4 Years 7 Months | As last reported |
| Puninder Singh Khurana Also directs: Krishna Pails Private Limited, Aanavi Packaging Products Private Limited, Arisu Packaging Private Limited and 2 more | Whole-Time Director | 28 Dec 2015 | 10 Years 9 Months | As last reported |
Auditor
Ecotech Enterprise Private Limited is audited by S. Kejriwal & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Kejriwal & Associates | FY 2015 |
Shareholding
The shareholding of Ecotech Enterprise Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ecotech Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2018 | 100158763 | Others | ₹2 Cr | Open | |
| 08 Aug 2017 | 100171212 | Others | ₹60 Lakh | Open | |
| 19 Oct 2012 | 10385965 | Others | ₹13.5 Cr | Open | |
| 30 May 2011 | 10291131 | Others | ₹1.5 Cr | Open | |
| 15 Jun 2010 | 10225349 | Others | ₹4.8 Cr | Open |
To see the full charge records of Ecotech Enterprise Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ecotech Enterprise Private Limited has 11 court cases on record: 6 filed by Ecotech Enterprise, 5 filed against it. 7 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 4 | 7 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Inland World Logistics Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Rio Sales Enterprises Pvt. Ltd. and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against S.R. International Paper Mills Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against S.R. International Paper Mills Pvt Ltd and 1 other | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Karnataka Bank Ltd | Pending |
To see the full case history of Ecotech Enterprise 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 Ecotech Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ecotech Enterprise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ecotech Enterprise Private Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Avijit Das was appointed as Director on 01 Mar 2022.
16 earlier events are in the company report.
Frequently asked questions
Ecotech Enterprise 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.
Ecotech Enterprise is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in paper, within the packaging industry. It was incorporated on 24 April 2006 and is registered under CIN U22219WB2006PTC109049. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ecotech Enterprise has 3 current directors:
- Puninder Singh Khurana - Whole-Time Director
- Avijit Das - Director
- Mintu Adhikari - Director
The latest financial statements of Ecotech Enterprise on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ecotech Enterprise is U22219WB2006PTC109049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecotech Enterprise has open charges of ₹32.4 Cr and satisfied charges of ₹4 Cr as per latest MCA filings.
Ecotech Enterprise has 11 court cases on record: 6 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Ecotech Enterprise was incorporated on 24 April 2006. It is registered with the Registrar of Companies, Kolkata.
Avijit Das was appointed as Director on 01 Mar 2022. Mintu Adhikari was appointed as Director on 01 Mar 2022. Prasanta Bandyopadhyay ceased to be Director on 02 May 2018. Ecotech Enterprise has 10 board changes on record in total.
The registered office of Ecotech Enterprise is at Sugandha Polba, Kolkata, West Bengal, India – 712102.