About Gactel Turnkey Projects Limited
Data last updated:
Gactel Turnkey Projects Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Gammon India Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. The company specialises in engineering. Incorporated on 17 May 1995, the company has been in operation for over 31 years.
Registered with ROC Mumbai under CIN U40101MH1995PLC088439.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.05 Cr. Formerly known as Gammon Cooling Towers Limited and Gammon Power Limited. It is led by directors including Ajit Balubhai Desai and Kumar Raghavan.
Last AGM: 28 September 2018. Financial statements filed for year ended 31 March 2018. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.69 Cr, a decline of 55% compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data. It operates as a subsidiary of Gammon India Limited.
As per MCA filings, the company has open charges of ₹160 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is gactel.com.
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- TelephoneLocked
- Website
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- Registered AddressFloor 3Rd Plot No – 3/8 Hamilton House J.N. Heredia Marg Ballard Estate Mumba, I 400038, Mumbai, Maharashtra, India – 400038
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Gactel Turnkey Projects
Gactel Turnkey Projects has undergone 2 name changes throughout its history. The company was previously known as Gammon Cooling Towers Limited, and Gammon Power Limited. The current legal name is Gactel Turnkey Projects Limited.
| Company Name | Status |
|---|---|
| Gactel Turnkey Projects Limited | Current |
| Gammon Cooling Towers Limited | Previous |
| Gammon Power Limited | Previous |
CIN History of Gactel Turnkey Projects
Gactel Turnkey Projects has one previous CIN (Corporate Identification Number): U40101MH1995PTC088439. The current CIN is U40101MH1995PLC088439, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101MH1995PLC088439 | Current |
| U40101MH1995PTC088439 | Previous |
Business Activity of Gactel Turnkey Projects
The main business activity of Gactel Turnkey Projects is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Gactel Turnkey Projects Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Gactel Turnkey Projects
Gactel Turnkey Projects Limited is audited by CHAITANYA C DALAL & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAITANYA C DALAL & CO | Locked | Locked | Locked |
Complete auditor history for Gactel Turnkey Projects Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gactel Turnkey Projects Limited
Gactel Turnkey Projects has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Balubhai Desai | Director | 02 Aug 2004 | 22 Years 2 Months | As last reported |
| Kumar Raghavan Also directs: Solvenza Advisory LLP | Irp/Rp/Liquidator | 05 Jun 2024 | 2 Years 3 Months | As last reported |
| Ashok Lakhmichand Bhatia Also directs: Bhagirathi Bridge Construction Co Private Limited | Director | 16 Apr 2007 | 19 Years 5 Months | As last reported |
| Venakataramana Narayana Heggade | Director | 26 Jul 2016 | 10 Years 2 Months | As last reported |
Financials of Gactel Turnkey Projects Limited FY 2018 filings available
Gactel Turnkey Projects Limited reported revenue of ₹6.69 Cr (down 55.00% YoY) for FY 2018.
Ten-year financial statements for Gactel Turnkey Projects Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Gactel Turnkey Projects
Shareholding and ownership data for Gactel Turnkey Projects Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gactel Turnkey Projects
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2013 | Others | ₹160 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Gactel Turnkey Projects
Gactel Turnkey Projects Limited has a workforce of 1 employees as of Mar 29, 2024.
Employee and EPFO history for Gactel Turnkey Projects Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Gactel Turnkey Projects
GST registrations and filing compliance for Gactel Turnkey Projects Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Gactel Turnkey Projects
Credit ratings, litigation, and regulatory alerts for Gactel Turnkey Projects Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gactel Turnkey Projects
MSME payment history for Gactel Turnkey Projects Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gactel Turnkey Projects
Corporate group structure for Gactel Turnkey Projects Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gactel Turnkey Projects
MCA filings and documents for Gactel Turnkey Projects Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Gactel Turnkey Projects
Frequently Asked Questions about Gactel Turnkey Projects Limited
Gactel Turnkey Projects is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Gactel Turnkey Projects is a company under insolvency, formerly operating as a public limited company in the engineering sector based in Mumbai, Maharashtra, India. It was incorporated on 17 May 1995 and is registered under CIN U40101MH1995PLC088439. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gactel Turnkey Projects reported revenue of ₹6.69 Cr for FY 2018 (down 55.00% YoY).
The current directors of Gactel Turnkey Projects are:
- Ajit Balubhai Desai - Director
- Kumar Raghavan - Irp/Rp/Liquidator
- Ashok Lakhmichand Bhatia - Director
- Venakataramana Narayana Heggade - Director
The CIN (Corporate Identification Number) of Gactel Turnkey Projects is U40101MH1995PLC088439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gactel Turnkey Projects has open charges of ₹160 Cr and no satisfied charges on record as per latest MCA filings.