About Elecon Epc Projects Limited.
Data last updated:
Elecon Epc Projects Limited. was a public limited company based in Vallabh Vidyanagar, Gujarat, India, operated as a subsidiary of Elecon Engineering Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 10 April 1991.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29219GJ1991PLC015379. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹128 Cr and a paid-up capital of ₹127.77 Cr. It was formerly known as Aakaaish Projects Limited. It was led by directors including Reena Bhagwati Pravin and Jal Patel.
Its last annual general meeting (AGM) was held on 26 July 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at C/O. Elecon Engineering Co. Ltd. Anand Sojitra Road Vallabh Vidyanagar, Gujarat, India – 388120.
As per the financials filed for FY 2015, the company reported a revenue of ₹520.14 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.54 Cr (net margin 0.5%) and EBITDA of ₹40.95 Cr (EBITDA margin 7.9%).
As per MCA filings, the company had satisfied charges of ₹1,343.37 Cr on record. Court records list 69 cases involving the company, including 58 filed by the company and 11 filed against it; 1 case is pending.
The last known website on record is eleconepc.com.
Company details
CIN history
Elecon Epc Projects Limited has one previous CIN (Corporate Identification Number): U63040GJ1991PLC015379. The current CIN is U29219GJ1991PLC015379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29219GJ1991PLC015379 | Current |
| U63040GJ1991PLC015379 | Previous |
Contact details
Elecon Epc Projects Limited.'s registered office is in Vallabh Vidyanagar, Gujarat. Its website is eleconepc.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC/O. Elecon Engineering Co. Ltd. Anand Sojitra Road Vallabh Vidyanagar, Gujarat, India – 388120
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Elecon Epc Projects 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
Financials of Elecon Epc Projects Limited.
FY 2016 filings availableElecon Epc Projects Limited. reported revenue of ₹520.14 Cr (up 4% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹520.14 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹40.95 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.54 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 7.9% |
| Net Profit Margin | 0.5% |
| 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 Elecon Epc Projects Limited., buy the company report.
Board of directors and KMP of Elecon Epc Projects Limited.
Elecon Epc Projects Limited. currently reports 5 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reena Bhagwati Pravin | Director | 03 Feb 2015 | 11 Years 9 Months | As last reported |
| Jal Patel | Director | 26 Apr 2016 | 10 Years 6 Months | As last reported |
| Rajat Jain | Cfo | 01 May 2015 | 11 Years 6 Months | As last reported |
| Pradip Manubhai Patel Also directs: Ziwani Properties LLP, Jadeite Properties LLP, Eimco Elecon (India ) Limited and 5 more | Director | 18 May 2012 | 14 Years 5 Months | As last reported |
| Prashant Chandrakant Amin Also directs: Eimco Elecon (India ) Limited, Elecon Engineering Company Limited, Vidya Wires Limited and 2 more | Director | 18 May 2012 | 14 Years 5 Months | As last reported |
| Chirayu Ramanbhai Amin | Director | 01 Apr 2013 | 13 Years 7 Months | As last reported |
Auditor
Elecon Epc Projects Limited. is audited by THACKER BUTALA DESAI for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THACKER BUTALA DESAI | FY 2015 | 110864W |
Shareholding
The shareholding of Elecon Epc Projects 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 Elecon Epc Projects Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2015 | 10570225 | Ifci Limited | ₹60 Cr | Satisfied | |
| 30 Jun 2014 | 10510891 | Indusind Bank Limited | ₹12.54 Cr | Satisfied | |
| 20 Jun 2013 | 10434710 | State Bank of India | ₹1,270 Cr | Satisfied | |
| 31 Dec 2003 | 90100960 | The Karur Vysya Bank Ltd | ₹21.5 Lakh | Satisfied | |
| 05 Mar 1998 | 90100593 | The Kalupur Commercial Co-Operative Bank Ltd. | ₹7.96 Lakh | Satisfied |
To see the full charge records of Elecon Epc Projects Limited., buy the company report.
Total charge records: 12 View all charges
Legal cases
Elecon Epc Projects Limited. has 69 court cases on record: 58 filed by Elecon Epc Projects Limited, 11 filed against it. 1 case is pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 2 | 0 |
| High courts | 19 | 7 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by M/S NCC Limited (Formerly Nagarjuna Construction Company Limited) and 1 other | Disposed |
| High Court, TELANGANA | Court case (COMCA) | Filed against the company by M/S. NCC Limited | Disposed |
| District court, Anand, Gujarat | Commercial matter | Filed by the company against Tecpro Systems Ltd. | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by Power Mech Projects Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by Vadraj Cement Ltd. (Formerly Abg Cements Ltd.) and 1 other | Disposed |
To see the full case history of Elecon Epc Projects 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 Elecon Epc Projects Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elecon Epc Projects Limited has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Elecon Epc Projects Limited., buy the company report.
Recent activity
Elecon Epc Projects Limited. has 14 board changes on record since 2012: 6 appointments and 8 cessations. The latest: Jal Patel ceased to be Additional Director on 26 Jul 2016.
30 earlier events are in the company report.
Frequently asked questions
Elecon Epc Projects Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Elecon Epc Projects Limited was a public limited company based in Vallabh Vidyanagar, Gujarat, India. The company worked in metal foundry and fabrication services, within the engineering industry. It was incorporated on 10 April 1991 and is registered under CIN U29219GJ1991PLC015379. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Elecon Epc Projects Limited was incorporated on 10 April 1991. It is registered with the Registrar of Companies, Ahmedabad.
Elecon Epc Projects Limited had 6 directors and KMP:
- Reena Bhagwati Pravin - Director
- Jal Patel - Director
- Pradip Manubhai Patel - Director
- Prashant Chandrakant Amin - Director
- Chirayu Ramanbhai Amin - Director
- Rajat Jain - Cfo
The CIN (Corporate Identification Number) of Elecon Epc Projects Limited is U29219GJ1991PLC015379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Elecon Epc Projects Limited is at CO. Elecon Engineering Co. Ltd. Anand Sojitra Road Vallabh Vidyanagar, Gujarat, India – 388120.
Elecon Epc Projects Limited can be reached through the website eleconepc.com. Its registered office is in Vallabh Vidyanagar, Gujarat, India.
The latest financial statements of Elecon Epc Projects Limited on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 July 2016. Year-wise statements from 2015 are in the company report.
No. Elecon Epc Projects Limited has 7 GST registrations on record and all of them are cancelled or inactive.
Elecon Epc Projects Limited operated in the engineering industry, in the metal foundry and fabrication services segment.
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