Faithful Engineers Private Limited

Faithful Engineers Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U35914TN2002PTC049114 Incorporated 18 June 2002 ROC Chennai HQ Chennai, Tamil Nadu, India
Under Liquidation Private Limited Company machinery and equipment
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹16 Cr
Satisfied ₹12.41 Cr
Company age
24 yrs
Est. 2002
Directors on board
6
As per MCA filings
GST registrations
2
None active
Last financials
Mar 2011
Balance sheet date
Last AGM
30 Sep 2011
Annual general meeting

About Faithful Engineers Private Limited

Data last updated:

Faithful Engineers Private Limited is a private 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 industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 18 June 2002.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U35914TN2002PTC049114. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Sekar Balasundaram (Managing Director) and Rajeswari.

Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at No.30 Pillayar Koil Stretmaduvinikarai Guindy, Chennai, Tamil Nadu, India – 600032.

As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹12.41 Cr on record. Court records list 39 cases involving the company, including 39 filed against it.

The last known website on record is faithfulengineers.com.

Company details

CIN U35914TN2002PTC049114
Registration Number 049114
Incorporation Date 18 June 2002
ROC Chennai
Listing Status Unlisted
Company Status Under Liquidation
Compliance Status Active Non-Compliant

Contact details

Faithful Engineers Private Limited's registered office is in Chennai, Tamil Nadu.

  • Registered Address
    No.30 Pillayar Koil Stretmaduvinikarai Guindy, Chennai, Tamil Nadu, India – 600032
  • Industry
    Machinery and Equipment, Industrial Tools & Components
Comprehensive company report
Faithful Engineers Private Limited - one report that includes everything
  • 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
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Financials of Faithful Engineers Private Limited

FY 2011 filings available

Financial Statement Summary

MetricsFY 2010-11
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2010-11
Profitability
EBITDA Margin
Net Profit Margin
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 Faithful Engineers Private Limited, buy the company report.

Board of directors of Faithful Engineers Private Limited

Faithful Engineers has 6 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sekar BalasundaramManaging Director18 Jun 200224 Years 4 MonthsAs last reported
RajeswariDirector18 Jun 200224 Years 4 MonthsAs last reported
Tamil SelviDirector18 Jun 200224 Years 4 MonthsAs last reported
BhuvaneswariDirector18 Jun 200224 Years 4 MonthsAs last reported
KumaranDirector18 Jun 200224 Years 4 MonthsAs last reported
Sankaran GovindarajDirector18 Jun 200224 Years 4 MonthsAs last reported

Charges & borrowings

Open charges
₹16 Cr
Satisfied charges
₹12.41 Cr
Breakdown by lending institutions
Asrec (India) Limited₹15.30 Cr
Allahabad Bank₹0.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Sep 200710068864Asrec (India) Limited₹15.3 CrOpen
03 Jan 200390286501Allahabad Bank₹70 LakhOpen
30 Jun 200810117106Kotak Mahindra Bank Limited₹19.56 LakhSatisfied
26 Nov 200590290960Citicorp Finance (India) Ltd.₹1.94 LakhSatisfied
03 Jan 200390287770Allahabad Bank₹11.59 CrSatisfied

To see the full charge records of Faithful Engineers Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Faithful Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Faithful Engineers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Faithful Engineers Private Limited, buy the company report.

Recent activity

Faithful Engineers Private Limited has 6 board changes on record since 2002: 6 appointments. The latest: Bhuvaneswari was appointed as Director on 18 Jun 2002.

Charges
A charge with Asrec (India) Limited of Rs. 15.30 Cr registered on 07 Sep 2007 with Charge ID 10068864 was modified on 30 Jun 2014.
AGM
Faithful Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2011 as per latest MCA records.
Filing
Faithful Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2011 with Roc Chennai.
Charges
A charge registered on 30 Jun 2008 via Charge ID 10117106 with Kotak Mahindra Bank Limited was fully satisfied on 28 Feb 2011.
Charges
A charge registered on 26 Nov 2005 via Charge ID 90290960 with Citicorp Finance (India) Ltd. was fully satisfied on 11 Feb 2011.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 0.20 Cr with Charge ID 10117106 was registered on 30 Jun 2008.
Charges
A charge registered on 03 Jan 2003 via Charge ID 90287770 with Allahabad Bank was fully satisfied on 20 Sep 2007.
Charges
A charge with Asrec (India) Limited amounted to Rs. 15.30 Cr with Charge ID 10068864 was registered on 07 Sep 2007.
Charges
A charge with Allahabad Bank of Rs. 11.59 Cr registered on 03 Jan 2003 with Charge ID 90287770 was modified on 01 Nov 2006.
Charges
A charge with Citicorp Finance (India) Ltd. amounted to Rs. 0.02 Cr with Charge ID 90290960 was registered on 26 Nov 2005.
Charges
A charge with Allahabad Bank of Rs. 0.70 Cr registered on 03 Jan 2003 with Charge ID 90286501 was modified on 23 Dec 2004.
Charges
A charge registered on 15 Oct 2002 via Charge ID 90286477 with Small Industrial Dev. Bank Of India was fully satisfied on 13 Feb 2004.

10 earlier events are in the company report.

Frequently asked questions

Faithful Engineers 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.

Faithful Engineers is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 18 June 2002 and is registered under CIN U35914TN2002PTC049114. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Faithful Engineers has 6 current directors:

The latest financial statements of Faithful Engineers on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 30 September 2011. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Faithful Engineers is U35914TN2002PTC049114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Faithful Engineers has open charges of ₹16 Cr and satisfied charges of ₹12.41 Cr as per latest MCA filings.

Faithful Engineers has 39 court cases on record: 39 filed against it. Most are in the district courts.

Faithful Engineers was incorporated on 18 June 2002. It is registered with the Registrar of Companies, Chennai.

Bhuvaneswari was appointed as Director on 18 Jun 2002. Kumaran was appointed as Director on 18 Jun 2002. Rajeswari was appointed as Director on 18 Jun 2002. Faithful Engineers has 6 board changes on record in total.

Faithful Engineers can be reached through the website faithfulengineers.com. Its registered office is in Chennai, Tamil Nadu, India.