About Enestee Engineering Limited
Data last updated:
Enestee Engineering Limited is a public limited company based in Nagpur, Maharashtra, 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 heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 March 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2005PLC151952. Its GSTIN is 27AABCE4490L2ZB (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.67 Cr. It is led by directors including Madhu Kandunni Nair (Managing Director) and Sandip Madhu Nair (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Kh No 18 A/1 & 18/A/3 Mouza – Chinchbhawan Tq. Kalmeshwar, Nagpur, Maharashtra, India – 441501.
As per the financials filed for FY 2018, the company reported a revenue of ₹120.12 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹55.2 Cr (net margin -46%) and EBITDA of -₹43.29 Cr (EBITDA margin -36%).
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹234.08 Cr and satisfied charges of ₹72.28 Cr on record. Court records list 40 cases involving the company, including 1 filed by the company and 40 filed against it; 14 cases are pending.
The last known website on record is enestee.com.
Company details
CIN history
Enestee Engineering has one previous CIN (Corporate Identification Number): U74210MH2005PTC151952. The current CIN is U74210MH2005PLC151952, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210MH2005PLC151952 | Current |
| U74210MH2005PTC151952 | Previous |
Contact details
Enestee Engineering Limited's registered office is in Nagpur, Maharashtra. Its website is enestee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKh No 18 A/1 & 18/A/3 Mouza – Chinchbhawan Tq. Kalmeshwar, Nagpur, Maharashtra, India – 441501
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Enestee Engineering 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 Enestee Engineering is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Enestee Engineering Limited, buy the company report.
Financials of Enestee Engineering Limited
FY 2018 filings availableEnestee Engineering Limited reported revenue of ₹120.12 Cr (down 38% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year. EBITDA fell 315% in the latest 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 | ₹120.12 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹43.29 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹55.2 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 | -36% | |||
| Net Profit Margin | -46% | |||
| 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 Enestee Engineering Limited, buy the company report.
Board of directors of Enestee Engineering Limited
Enestee Engineering 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 |
|---|---|---|---|---|
| Meenakshi Satyanarayana Tripurari | Additional Director | 02 Mar 2019 | 7 Years 7 Months | As last reported |
| Madhu Kandunni Nair | Managing Director | 16 Mar 2005 | 21 Years 7 Months | As last reported |
| Sandip Madhu Nair Also directs: Oxide Tie-Up Private Limited | Managing Director | 14 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Enestee Engineering Limited is audited by KHATRI & IYER for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHATRI & IYER | FY 2018 | 113433W |
Shareholding
The shareholding of Enestee Engineering Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Enestee Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2017 | 100094857 | Others | ₹15 Cr | Open | |
| 02 Dec 2016 | 100065481 | Others | ₹24.23 Lakh | Open | |
| 12 Nov 2016 | 100092031 | Others | ₹8 Cr | Open | |
| 20 Oct 2014 | 10529470 | Kotak Mahindra Bank Limited | ₹12.2 Lakh | Open | |
| 20 Oct 2014 | 10530194 | Kotak Mahindra Bank Limited | ₹12.2 Lakh | Open |
To see the full charge records of Enestee Engineering Limited, buy the company report.
Total charge records: 31 View all charges
Legal cases
Enestee Engineering Limited has 40 court cases on record: 1 filed by Enestee Engineering, 40 filed against it. 14 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 32 | 12 |
| High courts | 6 | 6 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Ganga Iron and Steel Trading Company Ltd. | Pending |
| High Court | Writ petition | Filed against the company by Ganga Iron and Steel Trading Company Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by JSK Corporation Pvt Ltd | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by Enestee Engineering Ltd.Kamgar Agadi, Thro General Secretary | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
To see the full case history of Enestee Engineering 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 Enestee Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Enestee Engineering Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Enestee Engineering has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE4490L2ZB | Maharashtra | Active | 06 Jul 2020 |
To see the full GST registrations and return filing status of Enestee Engineering Limited, buy the company report.
Recent activity
Enestee Engineering Limited has 10 board changes on record since 2005: 3 appointments and 7 cessations. The latest: Meenakshi Satyanarayana Tripurari ceased to be Additional Director on 17 Jun 2019.
41 earlier events are in the company report.
Frequently asked questions
Enestee Engineering 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.
Enestee Engineering is a company under liquidation, formerly operating as a public limited company based in Nagpur, Maharashtra, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 14 March 2005 and is registered under CIN U74210MH2005PLC151952. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Enestee Engineering has 3 current directors:
- Madhu Kandunni Nair - Managing Director
- Sandip Madhu Nair - Managing Director
- Meenakshi Satyanarayana Tripurari - Additional Director
The latest financial statements of Enestee Engineering on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Enestee Engineering is U74210MH2005PLC151952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Enestee Engineering has open charges of ₹234.08 Cr and satisfied charges of ₹72.28 Cr as per latest MCA filings.
Enestee Engineering has 40 court cases on record: 1 filed by the company and 40 filed against it. 14 are pending. Most are in the district courts.
Enestee Engineering was incorporated on 14 March 2005. It is registered with the Registrar of Companies, Mumbai.
Meenakshi Satyanarayana Tripurari ceased to be Additional Director on 17 Jun 2019. Meenakshi Satyanarayana Tripurari was appointed as Additional Director on 02 Mar 2019. Mahaveer Bhujabali Banajawad ceased to be Additional Director on 30 Sep 2018. Enestee Engineering has 10 board changes on record in total.
Enestee Engineering can be reached through the website enestee.com. Its registered office is in Nagpur, Maharashtra, India.