About Green Shield Enterprises Private Limited
Data last updated:
Green Shield Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. 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. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 14 July 2008.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PTC184619. Its GSTIN is 27AAECG8284B1ZK (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Mealtree E-Solutions Private Limited. It is led by directors Sudhir Vijay Goyal and Arti Ashish Kanodia.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Room No. 5 Hetal Apartment N.S. Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2020, the company reported a revenue of ₹57.45 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹39.46 Lakh (net margin -0.7%) and EBITDA of -₹35.72 Lakh (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹9.48 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The last known website on record is greenshield.co.in.
Company details
CIN history
Green Shield Enterprises has one previous CIN (Corporate Identification Number): U72900MH2008PTC184619. The current CIN is U74900MH2008PTC184619, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2008PTC184619 | Current |
| U72900MH2008PTC184619 | Previous |
Contact details
Green Shield Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its website is greenshield.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoom No. 5 Hetal Apartment N.S. Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Green Shield 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 Green Shield Enterprises is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Green Shield Enterprises Private Limited, buy the company report.
Financials of Green Shield Enterprises Private Limited
FY 2020 filings availableGreen Shield Enterprises Private Limited reported revenue of ₹57.45 Cr (up 5% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA fell 122% in the latest year. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹57.45 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹35.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.46 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | -0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Green Shield Enterprises Private Limited, buy the company report.
Board of directors of Green Shield Enterprises Private Limited
Green Shield Enterprises has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Vijay Goyal Also directs: Yashassu Enterprises LLP, Reynold Shirting Limited, Quadrasol Energy Private Limited and 2 more | Director | 29 Jan 2014 | 12 Years 8 Months | As last reported |
| Arti Ashish Kanodia | Director | 08 Jun 2012 | 14 Years 4 Months | As last reported |
Auditor
Green Shield Enterprises Private Limited is audited by MOTILAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOTILAL & ASSOCIATES | FY 2020 | 106584W |
Shareholding
The shareholding of Green Shield Enterprises Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Green Shield Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2012 | 10400810 | Others | ₹9.48 Cr | Open |
To see the full charge records of Green Shield Enterprises Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Green Shield Enterprises Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Punjab National Bank | Disposed |
To see the full case history of Green Shield 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.
Credit ratings & regulatory alerts
Green Shield Enterprises Private Limited was last rated by Crisil on 23 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Dec 2021 |
To see the full credit ratings and regulatory alerts of Green Shield Enterprises Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Green Shield Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Green Shield Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG8284B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Green Shield Enterprises Private Limited, buy the company report.
Recent activity
Green Shield Enterprises Private Limited has 16 board changes on record since 2008: 9 appointments and 7 cessations. The latest: Sandeep Ramchandra Pol ceased to be Director on 01 Feb 2014.
9 earlier events are in the company report.
Frequently asked questions
Green Shield Enterprises 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.
Green Shield Enterprises is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 14 July 2008 and is registered under CIN U74900MH2008PTC184619. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Green Shield Enterprises has 2 current directors:
- Sudhir Vijay Goyal - Director
- Arti Ashish Kanodia - Director
The latest financial statements of Green Shield Enterprises on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Green Shield Enterprises is U74900MH2008PTC184619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Green Shield Enterprises has open charges of ₹9.48 Cr and no satisfied charges on record as per latest MCA filings.
Green Shield Enterprises has 2 court cases on record: 2 filed against it. Most are in the district courts.
Green Shield Enterprises was incorporated on 14 July 2008. It is registered with the Registrar of Companies, Mumbai.
Sandeep Ramchandra Pol ceased to be Director on 01 Feb 2014. Sudhir Vijay Goyal was appointed as Director on 29 Jan 2014. Suresh Motilal Sharma ceased to be Additional Director on 10 Dec 2012. Green Shield Enterprises has 16 board changes on record in total.
Green Shield Enterprises can be reached through the website greenshield.co.in. Its registered office is in Mumbai, Maharashtra, India.