Essar Machine Works Ltd.
About Essar Machine Works Ltd.
Data last updated:
Essar Machine Works Ltd. is a public limited company based in Chennai, Tamil Nadu, 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 auto parts and components segment of the automotive sector. It was incorporated on 24 September 1986.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29130TN1986PLC013462.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.19 Cr. It is led by directors including Rangaswamy Babu and Chandrasekaran Mutharasapuram Ganesan (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 27 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Chennai, Tamil Nadu.
As per MCA filings, the company has open charges of ₹9.17 Lakh and satisfied charges of ₹8.52 Cr on record. Court records list 165 cases involving the company, including 76 filed by the company and 89 filed against it; 4 cases are pending.
Company details
Contact details
Essar Machine Works Ltd.'s registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No 1/39 New No 3/11 Chithalapakkam Kolatchi Amman Kovil Street Ottiambakka, M, Chennai, Tamil Nadu, India – 600130
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Essar Machine Works Ltd., 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 Essar Machine Works is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
Financials of Essar Machine Works Ltd.
FY 2021 filings availableEssar Machine Works Ltd. reported revenue of ₹5,139 (down 6% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Essar Machine Works Ltd., buy the company report.
Board of directors of Essar Machine Works Ltd.
Essar Machine Works has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangaswamy Babu | Director | 24 May 2002 | 24 Years 5 Months | As last reported |
| Chandrasekaran Mutharasapuram Ganesan Also directs: AAA Insolvency Professionals LLP | Irp/Rp/Liquidator | 04 Apr 2025 | 1 Years 6 Months | As last reported |
| Ancy | Director | 25 Jul 2019 | 7 Years 3 Months | As last reported |
| Raja Mariappan | Director | 25 Jul 2019 | 7 Years 3 Months | As last reported |
Auditor
Essar Machine Works Ltd. is audited by R SESHAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R SESHAN | FY 2016 | 003723S |
Shareholding
The shareholding of Essar Machine Works Ltd. is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Essar Machine Works Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 1998 | 90320857 | Ceat Financial Services Ltd. | ₹9.17 Lakh | Open | |
| 16 Jul 1998 | 90320880 | State Bank of India | ₹1.35 Cr | Satisfied | |
| 20 Feb 1996 | 90320530 | Industrial Development Bank of India | ₹2.55 Cr | Satisfied | |
| 15 Dec 1995 | 90320502 | Industrial Investment Bank of India | ₹3 Cr | Satisfied | |
| 25 Aug 1995 | 90320430 | State Bank of India | ₹1.05 Cr | Satisfied |
To see the full charge records of Essar Machine Works Ltd., buy the company report.
Total charge records: 9 View all charges
Legal cases
Essar Machine Works Ltd. has 165 court cases on record: 76 filed by Essar Machine Works, 89 filed against it. 4 cases are pending and 161 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 121 | 48 | 4 |
| District courts | 44 | 41 | 0 |
Cases on record (5 of 165)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Employees State Insurance Corporation and 1 other | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| District court, Kancheepuram, Tamil Nadu | Execution petition | Filed against the company by an individual | Disposed |
| District court, Kancheepuram, Tamil Nadu | Execution petition | Filed against the company by an individual | Disposed |
| District court, Kancheepuram, Tamil Nadu | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Essar Machine Works Ltd., 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 Essar Machine Works Ltd.; 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 Essar Machine Works Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Essar Machine Works Ltd. has 9 board changes on record since 2002: 4 appointments and 5 cessations. The latest: Chandrasekaran Mutharasapuram Ganesan was appointed as Irp/Rp/Liquidator on 04 Apr 2025.
21 earlier events are in the company report.
Frequently asked questions
Essar Machine Works 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.
Essar Machine Works is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 24 September 1986 and is registered under CIN U29130TN1986PLC013462. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Essar Machine Works has 4 current directors:
- Rangaswamy Babu - Director
- Ancy - Director
- Raja Mariappan - Director
- Chandrasekaran Mutharasapuram Ganesan - Irp/Rp/Liquidator
The latest financial statements of Essar Machine Works on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 27 September 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Essar Machine Works is U29130TN1986PLC013462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essar Machine Works has open charges of ₹9.17 Lakh and satisfied charges of ₹8.52 Cr as per latest MCA filings.
Essar Machine Works has 165 court cases on record: 76 filed by the company and 89 filed against it. 4 are pending. Most are in the high courts.
Essar Machine Works was incorporated on 24 September 1986. It is registered with the Registrar of Companies, Chennai.
Chandrasekaran Mutharasapuram Ganesan was appointed as Irp/Rp/Liquidator on 04 Apr 2025. Ancy ceased to be Additional Director on 25 Oct 2019. Raja Mariappan ceased to be Additional Director on 25 Oct 2019. Essar Machine Works has 9 board changes on record in total.
The registered office of Essar Machine Works is at Old No 139 New No 311 Chithalapakkam Kolatchi Amman Kovil Street Ottiambakka, M, Chennai, Tamil Nadu, India – 600130.