Essar Machine Works Ltd. - Company Profile

It is a automotive public limited company based in Chennai, Tamil Nadu, India, established in 1986.
1986 Chennai, Tamil Nadu, India Under Liquidation
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About Essar Machine Works Ltd.

Essar Machine Works Ltd., a under liquidation public limited company, was established on 24 September 1986 in Chennai, Tamil Nadu, India. Engaging in auto parts & components within the automotive sector, it holds CIN: U29130TN1986PLC013462. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.19 Cr.

It upholds a compliant status. Its leadership includes Rangaswamy Babu (Director), Chandrasekaran Mutharasapuram Ganesan (Irp/Rp/Liquidator), Ancy (Director). Past directors included Suresh Veeraswami, Ancy, Raja Mariappan. It holds ₹0.92 M open charges and ₹8.52 Cr settled loans. Its latest AGM occurred on 27 September 2021, with the balance sheet filed on 31 March 2021. It is based at Old No 1/39, New No 3/11, Chithalapakkam Kolatchi Amman Kovil Street, Ottiambakka, M, Chennai, Tamil Nadu, 600130.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29130TN1986PLC013462

  • Registration Number

    013462

  • Incorporation Date

    24 September 1986

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.19 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.19 Cr
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 0.92 M
  • Satisfied Charges ₹ 8.52 Cr
  • Revenue Growth **** -83.13%
  • Profit Growth **** -80.08%
  • Ebitda **** 26.15%
  • Net Worth -0.04%
  • Total Assets -0.10%
Company report

Essar Machine Works Ltd.

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Essar Machine Works Ltd. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Essar Machine Works Ltd.?
Current Directors
Name Designation Appointment Date Status
Rangaswamy Babu Director 24 May 2002 Current
Chandrasekaran Mutharasapuram Ganesan Irp/Rp/Liquidator 04 Apr 2025 Current
Ancy Director 25 Jul 2019 Current
Raja Mariappan Director 25 Jul 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 25 Jul 2019 Past
Pramod Abcsdd Additional Director 25 Oct 2019 Past
Pramod Abcsdd Additional Director 25 Oct 2019 Past
Pramod Abcsdd Director 16 Aug 2016 Past
Pramod Abcsdd Director 25 Jul 2019 Past

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Financial Performance of Essar Machine Works.

Essar Machine Works Ltd., for the financial year ended 2016, experienced significant reduction in revenue, with a 83.13% decrease. The company also saw a substantial fall in profitability, with a 80.08% decrease in profit. The company's net worth dipped by a decrease of 0.04%.

Essar Machine Works revenue growth over time
Essar Machine Works profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -83.13%
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Revenue from Operations
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Total Assets
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 -0.10%
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Profit or Loss
*******
 -80.08%
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Net Worth
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 -0.04%
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*******
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EBITDA
*******
 26.15%
*******
*******
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What is the Ownership and Shareholding Structure of Essar Machine Works?

In 2016, Essar Machine Works had a promoter holding of 25.20% and a public holding of 74.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹916,992.00

Satisfied Charges

₹85,231,300.00

Charges Breakdown by Lending Institutions
  • Ceat Financial Services Ltd. : 0.09 Cr
Latest Charge Details
Date Lender Amount Status
15 Apr 1998 Ceat Financial Services Ltd. ₹0.92 M Open
16 Jul 1998 State Bank Of India ₹1.35 Cr Satisfied
20 Feb 1996 Industrial Development Bank Of India ₹2.55 Cr Satisfied
15 Dec 1995 Industrial Investment Bank Of India ₹3.00 Cr Satisfied
25 Aug 1995 State Bank Of India ₹1.05 Cr Satisfied

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How Many Employees Work at Essar Machine Works?

Unlock and access historical data on people associated with Essar Machine Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Essar Machine Works, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Essar Machine Works's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Essar Machine Works
Recent Activity within the Organization
  • Director Appointment

    Chandrasekaran Mutharasapuram Ganesan was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 04 Apr 2025 & has been associated with this company since 1 year 1 month . was recorded as a recent event.

  • Annual General Meeting

    Essar Machine Works Ltd. last Annual general meeting of members was held on 27 Sep 2021 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Essar Machine Works Ltd. has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai. was documented.

  • Director Appointment

    The activity Ancy was appointed as a Director was appointed as a Director on 25 Jul 2019 & has been associated with this company since 6 years 9 months . was completed.

  • Director Appointment

    The activity Raja Mariappan was appointed as a Director was appointed as a Director on 25 Jul 2019 & has been associated with this company since 6 years 9 months . was completed.

  • Charges

    The activity A charge registered on 20 Feb 1992 via Charge ID 90323278 with The Tamilnadu Industrial Investment Corporation Ltd. was fully satisfied on 02 Apr 2008. was completed.

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Frequently Asked Questions
What is the CIN of Essar Machine Works Ltd.?

The CIN of Essar Machine Works Ltd. is U29130TN1986PLC013462.

Where is Essar Machine Works Ltd. headquartered?

Essar Machine Works Ltd. is headquartered at Old No 1/39, New No 3/11, Chithalapakkam Kolatchi Amman Kovil Street, Ottiambakka, M, Chennai, Tamil Nadu, 600130.

When was Essar Machine Works Ltd. incorporated?

Essar Machine Works Ltd. was incorporated on 24 September 1986.

Who are the current directors of Essar Machine Works Ltd.?

The current directors of Essar Machine Works Ltd. are

What is the primary industry of Essar Machine Works Ltd.?

The primary industry of Essar Machine Works Ltd. is Automotive.

Is Essar Machine Works Ltd. a listed company?

Essar Machine Works Ltd. is unlisted.

What is the capital structure of Essar Machine Works Ltd.?

The authorized capital of Essar Machine Works Ltd. is ₹5.00 Cr, and the paid-up capital is ₹4.19 Cr.

What is the compliance status of Essar Machine Works Ltd.?

The compliance status of Essar Machine Works Ltd. is Compliant.

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