About G B Engineering Enterprises Private Limited
Data last updated:
G B Engineering Enterprises Private Limited is a private limited company based in Tiruchirappalli, 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 heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 01 June 1987.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28991TN1987PTC014423. Its GSTIN is 33AABCG1142K2ZZ (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It was formerly known as G B Engineering Enterprises Limited. It is led by directors including Ragunathan Nair Raman Nair and Ashokkumar Balasubramanian.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at D 99. Developed Plots Estatethurakudy Tiruchirapalli 620015., Tiruchirappalli, Tamil Nadu, India – 620015.
As per the financials filed for FY 2017, the company reported a revenue of ₹43.86 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹6.06 Cr (net margin -13.8%) and EBITDA of ₹14.96 Lakh (EBITDA margin 0.3%).
The company has about 212 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹98.12 Cr and satisfied charges of ₹20 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.65 Cr; the latest was in March 2016.
The last known website on record is gbengineering.in.
Company details
Contact details
G B Engineering Enterprises Private Limited's registered office is in Tiruchirappalli, Tamil Nadu. Its website is gbengineering.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD 99. Developed Plots Estatethurakudy Tiruchirapalli 620015., Tiruchirappalli, Tamil Nadu, India – 620015
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of G B Engineering Enterprises Private 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 G B Engineering Enterprises is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of G B Engineering Enterprises Private Limited, buy the company report.
Financials of G B Engineering Enterprises Private Limited
FY 2017 filings availableG B Engineering Enterprises Private Limited reported revenue of ₹43.86 Cr (down 14% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. EBITDA fell 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹43.86 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹14.96 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.06 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.3% | ||
| Net Profit Margin | -13.8% | ||
| 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 G B Engineering Enterprises Private Limited, buy the company report.
Board of directors of G B Engineering Enterprises Private Limited
G B Engineering Enterprises has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ragunathan Nair Raman Nair Also directs: Ansaldocaldaie - GB Engineering Private Limited | Director | 01 Jun 1987 | 39 Years 4 Months | As last reported |
| Ashokkumar Balasubramanian | Director | 09 Apr 2007 | 19 Years 6 Months | As last reported |
| Achuthan Thazhathehil | Director | 01 Jun 1987 | 39 Years 4 Months | As last reported |
Shareholding
The shareholding of G B Engineering Enterprises Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of G B Engineering Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2016 | 100016805 | Others | ₹1.5 Cr | Open | |
| 06 Apr 2010 | 10211808 | The Tamil Nadu Industrial Investment Corporation Limited | ₹50 Lakh | Open | |
| 21 Oct 2009 | 10180362 | The Tamil Nadu Industrial Investment Corporation Limited | ₹10 Cr | Open | |
| 31 Mar 2009 | 10159714 | Axis Bank Limited | ₹34 Cr | Open | |
| 30 May 2007 | 10057315 | Axis Bank Limited | ₹8.28 Cr | Open |
To see the full charge records of G B Engineering Enterprises Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
G B Engineering Enterprises Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.65 Cr; the latest was in March 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Resurgent Investments Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Resurgent Investments Private Limited Seller: Enmas Process Tech Limited |
| Mar 2008 | Funding round | ₹3.75 Cr | Investors: Resurgent Investments Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Resurgent Investments Private Limited Seller: G.B Finance & Leasing Limited, 3 individuals |
| Mar 2006 | Funding round | ₹90 Lakh | Investors: Resurgent Investments Private Limited |
To see the full deal history of G B Engineering Enterprises Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
G B Engineering Enterprises Private Limited has 8 court cases on record: 1 filed by G B Engineering Enterprises, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed by the company against individuals | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Criminal complaint | Filed against the company by Income-Tax Department, Coimbatore Rep by Income Tax Officer, Cantonment. | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by The Assitant Provedent Fund Commissinor and Recovery Officer Employee Provednt Fund Organination | Disposed |
| District court, Madurai, Tamil Nadu | Criminal complaint | Filed against the company by Income-Tax Department, Coimbatore Rep by Income Tax Officer, Cantonment. | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S Jindai Saw Ltd Rep by S.Karthick | Disposed |
To see the full case history of G B Engineering Enterprises Private 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 G B Engineering Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
G B Engineering Enterprises has 6 joint ventures and 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Employees & EPFO
G B Engineering Enterprises Private Limited has a workforce of 212 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
G B Engineering Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCG1142K2ZZ | Tamil Nadu | Active | 14 Aug 2020 |
To see the full GST registrations and return filing status of G B Engineering Enterprises Private Limited, buy the company report.
Recent activity
G B Engineering Enterprises Private Limited has 6 board changes on record since 1987: 3 appointments and 3 cessations. The latest: Balasubramanian Pattabhiraman ceased to be Managing Director on 28 Dec 2017.
26 earlier events are in the company report.
Frequently asked questions
G B Engineering Enterprises 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.
G B Engineering Enterprises is a company under liquidation, formerly operating as a private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 01 June 1987 and is registered under CIN U28991TN1987PTC014423. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
G B Engineering Enterprises has 3 current directors:
- Ragunathan Nair Raman Nair - Director
- Ashokkumar Balasubramanian - Director
- Achuthan Thazhathehil - Director
The latest financial statements of G B Engineering Enterprises on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of G B Engineering Enterprises is U28991TN1987PTC014423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G B Engineering Enterprises has open charges of ₹98.12 Cr and satisfied charges of ₹20 Cr as per latest MCA filings.
G B Engineering Enterprises has 8 court cases on record: 1 filed by the company and 7 filed against it. Most are in the district courts.
G B Engineering Enterprises was incorporated on 01 June 1987. It is registered with the Registrar of Companies, Chennai.
G B Engineering Enterprises has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.65 Cr; the latest was in March 2016.
Balasubramanian Pattabhiraman ceased to be Managing Director on 28 Dec 2017. Rajarathanam Balasubramanian ceased to be Director on 06 Nov 2017. Loknath Ratho ceased to be Director on 01 Aug 2011. G B Engineering Enterprises has 6 board changes on record in total.