About Gaytech Engineering Pvt Ltd
Data last updated:
Gaytech Engineering Pvt Ltd is a private limited company based in Vadodara, Gujarat, 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 engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 10 April 1995.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1995PTC025440. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.88 Lakh. It is led by directors Sunil Sunderlal Luhar (Managing Director) and Anil Sunderlal Luhar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 310 Race Course Towers Racecourse Circle, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2017, the company reported a revenue of ₹20.15 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹6.62 Cr and EBITDA of -₹4.7 Cr.
As per MCA filings, the company has open charges of ₹18.54 Cr and satisfied charges of ₹72.6 Lakh on record. Court records list 36 cases involving the company, including 14 filed by the company and 22 filed against it; 7 cases are pending.
The last known website on record is gaytechgroup.in.
Company details
Contact details
Gaytech Engineering Pvt Ltd's registered office is in Vadodara, Gujarat. Its website is gaytechgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address310 Race Course Towers Racecourse Circle, Vadodara, Gujarat, India – 390007
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Gaytech Engineering Pvt 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 Gaytech Engineering is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Gaytech Engineering Pvt Ltd, buy the company report.
Financials of Gaytech Engineering Pvt Ltd
FY 2017 filings availableGaytech Engineering Pvt Ltd reported revenue of ₹20.15 Lakh (down 80% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 80% in the latest year. EBITDA fell 554% 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 |
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| EBITDA | -₹4.7 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.62 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Gaytech Engineering Pvt Ltd, buy the company report.
Board of directors of Gaytech Engineering Pvt Ltd
Gaytech Engineering has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Sunderlal Luhar Also directs: Gaytech Remedies Private Limited | Whole-Time Director | 10 Apr 1995 | 31 Years 7 Months | As last reported |
| Sunil Sunderlal Luhar Also directs: Gaytech Remedies Private Limited, Yasho Sunder Foundation | Managing Director | 10 Apr 1995 | 31 Years 7 Months | As last reported |
Auditor
Gaytech Engineering Pvt Ltd is audited by JOSHI JAIN & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI JAIN & CO | FY 2015 | 128820W |
Shareholding
The shareholding of Gaytech Engineering Pvt Ltd is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gaytech Engineering Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2009 | 10164048 | Indian Bank | ₹7.5 Lakh | Open | |
| 30 Mar 2009 | 10155667 | Indian Bank | ₹9.3 Cr | Open | |
| 13 Mar 2009 | 10159455 | Indian Bank | ₹9.16 Cr | Open | |
| 18 Feb 2008 | 10098444 | Punjab National Bank | ₹4.6 Lakh | Satisfied | |
| 13 Jul 2006 | 10010345 | Punjab National Bank | ₹8 Lakh | Satisfied |
To see the full charge records of Gaytech Engineering Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Gaytech Engineering Pvt Ltd has 36 court cases on record: 14 filed by Gaytech Engineering, 22 filed against it. 7 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 22 | 5 |
| High courts | 5 | 0 | 2 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chirang, Assam | Execution petition | Filed by the company against Indian Oil Corporation Limited Bongaigaon Refinery and Petrochemical Ltd. and 1 other | Pending |
| High Court, ANDHRAPRADESH | Court case (COMCA) | Filed by the company against Hindustan Petroleum Corporation Limited | Pending |
| High Court, Assam | Appeal | Filed by the company against Indian Oil Corporation Ltd. Iocl and 8 others | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Gujarat Gas Company Limited | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against Gujarat Gas Limited and 1 other | Disposed |
To see the full case history of Gaytech Engineering Pvt 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 Gaytech Engineering Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gaytech Engineering has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gaytech Engineering Pvt Ltd, buy the company report.
Recent activity
Gaytech Engineering Pvt Ltd has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Sundarlal Devlal Luhar ceased to be Director on 16 Jun 2014.
7 earlier events are in the company report.
Frequently asked questions
Gaytech Engineering 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.
Gaytech Engineering is a company under liquidation, formerly operating as a private limited company based in Vadodara, Gujarat, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 10 April 1995 and is registered under CIN U29199GJ1995PTC025440. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gaytech Engineering has 2 current directors:
- Sunil Sunderlal Luhar - Managing Director
- Anil Sunderlal Luhar - Whole-Time Director
The latest financial statements of Gaytech Engineering on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gaytech Engineering is U29199GJ1995PTC025440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gaytech Engineering has open charges of ₹18.54 Cr and satisfied charges of ₹72.6 Lakh as per latest MCA filings.
Gaytech Engineering has 36 court cases on record: 14 filed by the company and 22 filed against it. 7 are pending. Most are in the district courts.
Gaytech Engineering was incorporated on 10 April 1995. It is registered with the Registrar of Companies, Ahmedabad.
Sundarlal Devlal Luhar ceased to be Director on 16 Jun 2014. Anil Sunderlal Luhar was appointed as Whole-Time Director on 10 Apr 1995. Sunil Sunderlal Luhar was appointed as Managing Director on 10 Apr 1995.
Gaytech Engineering can be reached through the website gaytechgroup.in. Its registered office is in Vadodara, Gujarat, India.
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