Gujarat Panel Board Private Limited
About Gujarat Panel Board Private Limited
Data last updated:
Gujarat Panel Board Private Limited was a private limited company based in Vadodara, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the transport equipment segment of the electrical equipment sector. It was incorporated on 13 November 1997.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31200GJ1997PTC033310. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It was led by directors including Piyush Jashbhai Patel (Managing Director) and Jashbhai Shankarbhai Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Plot No 863/4 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2016, the company reported a revenue of ₹62.71 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹46.98 Lakh (net margin -74.9%) and EBITDA of -₹15.45 Lakh (EBITDA margin -24.6%).
As per MCA filings, the company had satisfied charges of ₹10.61 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
Company details
Contact details
Gujarat Panel Board Private Limited's registered office is in Vadodara, Gujarat.
- Registered AddressPlot No 863/4 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010
- IndustryElectrical, Transport Equipment, Electrical Equipment, General Purpose and Special Purpose Machinery & Equipment
- 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 Gujarat Panel Board is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Gujarat Panel Board Private Limited, buy the company report.
Financials of Gujarat Panel Board Private Limited
FY 2016 filings availableGujarat Panel Board Private Limited reported revenue of ₹62.71 Lakh (down 68% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | -₹15.45 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹46.98 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -24.6% | |
| Net Profit Margin | -74.9% | |
| 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 Gujarat Panel Board Private Limited, buy the company report.
Board of directors of Gujarat Panel Board Private Limited
Gujarat Panel Board has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jashbhai Shankarbhai Patel | Whole-Time Director | 09 Aug 2001 | 25 Years 2 Months | As last reported |
| Piyush Jashbhai Patel Also directs: Philoden Exports Private Limited | Managing Director | 13 Nov 1998 | 27 Years 11 Months | As last reported |
| Amit Narendrakumar Patel | Director | 01 Jun 2013 | 13 Years 5 Months | As last reported |
| Monarchshekhar Premshekhar Prasad | Director | 22 Dec 2015 | 10 Years 10 Months | As last reported |
Peer comparison
Gujarat Panel Board Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Monga Pipe Industries Pvt Ltd | ₹63.18 Lakh (FY 2025) | 0.0% | Bhopal, Madhya Pradesh, India | |||
| Aircona Appliances Private Limited | ₹62.98 Lakh (FY 2024) | 20.0% | Ghaziabad, Uttar Pradesh, India | |||
| Eco Drive Power Solutions Private Limited | ₹62.87 Lakh (FY 2016) | 6703.0% | Ghaziabad, Uttar Pradesh, India | |||
| Gemeni Dynamics Private Limited | ₹62.79 Lakh (FY 2025) | 53.0% | Panjim, Goa, India | |||
| Ailesh Powers Private Limited | ₹62.74 Lakh (FY 2020) | 377.0% | Nanded, Maharashtra, India | |||
| Gujarat Panel Board Private Limitedthis company | ₹62.71 Lakh (FY 2016) | -₹46.98 Lakh | -74.9% | -68.0% | Vadodara, Gujarat, India | |
| Oasis Electromart Private Limited | ₹62.63 Lakh (FY 2021) | -72.0% | New Delhi, Delhi, India | |||
| Risegrid Engineering Private Limited | ₹62.55 Lakh (FY 2025) | 43.0% | Faridabad, Haryana, India | |||
| Techno Power Services Pvt. Ltd. | ₹62.52 Lakh (FY 2021) | -83.0% | Kolkata, West Bengal, India | |||
| Transons Overseas (India) Private Limited | ₹62.46 Lakh (FY 2024) | -93.0% | Alwar, Rajasthan, India |
To see the full peer comparison of Gujarat Panel Board Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2010 | 10203201 | Bank of Baroda | ₹3.45 Cr | Satisfied | |
| 17 Dec 2009 | 10199176 | Bank of Baroda | ₹3.45 Cr | Satisfied | |
| 29 Oct 2004 | 90104305 | State Bank of Saurashtra Makarpura Branch | ₹1.54 Cr | Satisfied | |
| 29 Oct 2004 | 90107001 | State Bank of India | ₹1.84 Cr | Satisfied | |
| 30 Mar 1998 | 90106277 | State Bank of Saurashtra Makarpura Branch | ₹33 Lakh | Satisfied |
To see the full charge records of Gujarat Panel Board Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Gujarat Panel Board Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Pankaj Extrusions Ltd | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by M/S Shah Electrical Industries-Nirav Ashok Kashiwala | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by M.S Shah Electricles Industries | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner - Central Excise and Customs Vadodara-Ii | Disposed |
To see the full case history of Gujarat Panel Board 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 Gujarat Panel Board Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gujarat Panel Board 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.
To see the full GST registrations and return filing status of Gujarat Panel Board Private Limited, buy the company report.
Recent activity
Gujarat Panel Board Private Limited has 6 board changes on record since 1998: 4 appointments and 2 cessations. The latest: Monarchshekhar Premshekhar Prasad ceased to be Additional Director on 30 Sep 2016.
11 earlier events are in the company report.
Frequently asked questions
Gujarat Panel Board has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Gujarat Panel Board was a private limited company based in Vadodara, Gujarat, India. The company worked in transport equipment, within the electrical industry. It was incorporated on 13 November 1997 and is registered under CIN U31200GJ1997PTC033310. The company has been struck off by the Registrar of Companies and is no longer operational.
Gujarat Panel Board had 4 directors:
- Piyush Jashbhai Patel - Managing Director
- Jashbhai Shankarbhai Patel - Whole-Time Director
- Amit Narendrakumar Patel - Director
- Monarchshekhar Premshekhar Prasad - Director
The CIN (Corporate Identification Number) of Gujarat Panel Board is U31200GJ1997PTC033310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gujarat Panel Board is at Plot No 8634 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.
Gujarat Panel Board was incorporated on 13 November 1997. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Gujarat Panel Board on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Gujarat Panel Board has 2 GST registrations on record and all of them are cancelled or inactive.
Gujarat Panel Board operated in the electrical industry, in the transport equipment segment. It worked in this industry before it was struck off.
The peers of Gujarat Panel Board by revenue are Monga Pipe Industries Pvt Ltd, Aircona Appliances Private Limited, Eco Drive Power Solutions Private Limited, Gemeni Dynamics Private Limited, Ailesh Powers Private Limited and 4 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Gujarat Panel Board has 5 court cases on record: 5 filed against it. Most are in the district courts.
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