About Electrex (India) Limited
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Electrex (India) Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 22 December 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L00363KA1982PLC005084. The company has 4 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 20 Jun 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.46 Cr. It is led by directors including Mukesh Maneklal Choksi and Abnasi Jawahar Thadhaney.
Its last annual general meeting (AGM) was held on 28 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 21 – Di 2nd Phase Peenya Indularea Bangalore – 58, Karnataka, India.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.09 Lakh. For the same year it recorded a net loss of ₹13.04 Lakh (net margin -214.1%) and EBITDA of -₹13.04 Lakh (EBITDA margin -214.1%).
The company is associated with 1 brand: Electrex Power Tools. As per MCA filings, the company has open charges of ₹42.12 Cr on record. Court records list 476 cases involving the company, including 103 filed by the company and 373 filed against it; 41 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website electrexindia.com.
Company details
Contact details
Electrex (India) Limited's registered office is in Bangalore, Karnataka. Its website is electrexindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address21 – Di 2nd Phase Peenya Indularea Bangalore – 58, Karnataka, India
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Electrex (India) 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
Electrex (India) operates one associated brand: Electrex Power Tools. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potatoes are farmed, grain is marketed, and equipment services are provided in Maine. | electrexindia.com |
Business activity
The main business activity of Electrex (India) 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 Electrex (India) Limited, buy the company report.
Financials of Electrex (India) Limited
FY 2017 filings availableElectrex (India) Limited reported revenue of ₹6.09 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹6.09 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹13.04 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.04 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -214.1% | ||
| Net Profit Margin | -214.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity 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 Electrex (India) Limited, buy the company report.
Board of directors of Electrex (India) Limited
Electrex (India) 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 |
|---|---|---|---|---|
| Mukesh Maneklal Choksi Also directs: Adam Infrastructure Private Limited, Alroy Commodities Private Limited, Exciting Mercantile Private Limited and 4 more | Director | 21 Oct 2010 | 16 Years 0 Months | Current |
| Abnasi Jawahar Thadhaney | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
| Mahesh Budhsingh Thakur Also directs: Saaksh Projects Private Limited, Spenta Systems Private Limited | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
Shareholding
The shareholding of Electrex (India) Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Electrex (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 1998 | 80004652 | Icici Bank | ₹5 Cr | Open | |
| 31 May 1997 | 80015764 | Bank of Maharashtra | ₹12.14 Cr | Open | |
| 07 Jun 1996 | 80045463 | Others | ₹8 Cr | Open | |
| 22 Dec 1995 | 80015919 | Sbi Commercial & International Bank Ltd | ₹13.98 Cr | Open | |
| 28 Feb 1995 | 80045464 | Others | ₹3 Cr | Open |
To see the full charge records of Electrex (India) Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Electrex (India) Limited has 476 court cases on record: 103 filed by Electrex (India), 373 filed against it. 41 cases are pending and 435 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 283 | 263 | 34 |
| High courts | 186 | 109 | 7 |
| Supreme Court | 7 | 1 | 0 |
Cases on record (5 of 476)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed against the company by Powertech Tools Private Limited, Applicant | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Marotia Steel Engineering Pvt. Ltd., Rep by Saket Kumar Bharpilania | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Powertech Tools Private Limited, Applicant | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Shreepal Green Futures Pvt. Ltd., Rep by Jayant Mujumdar | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Sumedha Laser Technologies Pvt. Ltd., Rep by K Ashok Kumar | Pending |
To see the full case history of Electrex (India) 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 Electrex (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Electrex (India) Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Electrex (India) has 4 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 Electrex (India) Limited, buy the company report.
Recent activity
Electrex (India) Limited has 17 board changes on record since 1987: 10 appointments and 7 cessations. The latest: Krishnamurthy Ramachandra Hegde ceased to be Director on 12 Sep 2017.
17 earlier events are in the company report.
Frequently asked questions
Electrex (India) is an active public limited company based in Bangalore, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 22 December 1982 (44+ years old) and is registered under CIN L00363KA1982PLC005084.
Electrex (India) has 3 current directors:
- Mukesh Maneklal Choksi - Director
- Abnasi Jawahar Thadhaney - Director
- Mahesh Budhsingh Thakur - Director
The latest financial statements of Electrex (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 August 2017. Year-wise statements from 2015 are in the company report.
No. Electrex (India) has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Electrex (India) is L00363KA1982PLC005084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electrex (India) is recorded as a listed company by MCA, but its shares were delisted from BSE on 20 Jun 2023 · compulsory delisting, and no longer trade on a stock exchange.
Electrex (India) has 476 court cases on record: 103 filed by the company and 373 filed against it. 41 are pending. Most are in the district courts.
Electrex (India) was incorporated on 22 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Bangalore.
Krishnamurthy Ramachandra Hegde ceased to be Director on 12 Sep 2017. Minaxi Mukesh Choksi ceased to be Director on 05 Jan 2017. Minaxi Mukesh Choksi was appointed as Director on 03 Jan 2017. Electrex (India) has 17 board changes on record in total.
Electrex (India) can be reached through the website electrexindia.com. Its registered office is in Bangalore, Karnataka, India.