About H'reck Engineers Private Limited
Data last updated:
H'reck Engineers 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 September 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1996PTC102681. The company has 8 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹79 Lakh. It is led by directors including Prakash Jayramdas Assar and Hansa Krishnakumar Ashar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 07 6th Floor C Wing Neelkanth Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹25.76 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹25.16 Cr (net margin -97.7%) and EBITDA of -₹18.59 Cr (EBITDA margin -72.2%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 28% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹53.28 Lakh on record. Court records list 73 cases involving the company, including 2 filed by the company and 71 filed against it; 21 cases are pending.
The last known website on record is jayshargroup.com.
Company details
Contact details
H'reck Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is jayshargroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address07 6th Floor C Wing Neelkanth Business Park Kibol Village Near Bus Depot Vidyavihar, (West), Mumbai, Maharashtra, India – 400086
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of H'reck Engineers 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 H'reck Engineers 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 H'reck Engineers Private Limited, buy the company report.
Financials of H'reck Engineers Private Limited
FY 2021 filings availableH'reck Engineers Private Limited reported revenue of ₹25.76 Cr (down 61% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 61% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.16 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -72.2% | ||||
| Net Profit Margin | -97.7% | ||||
| 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 H'reck Engineers Private Limited, buy the company report.
Board of directors of H'reck Engineers Private Limited
H'reck Engineers 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 |
|---|---|---|---|---|
| Prakash Jayramdas Assar Also directs: Yanshu Chemicals (India) P Ltd, Jayshar Chemicals Private Limited | Director | 15 Jan 2009 | 17 Years 9 Months | As last reported |
| Hansa Krishnakumar Ashar Also directs: Srikesh Engineers Private Limited | Director | 24 Jun 2022 | 4 Years 3 Months | As last reported |
| Rajendra Devidas Puranik | Irp/Rp/Liquidator | 01 Jun 2023 | 3 Years 4 Months | As last reported |
Auditor
H'reck Engineers Private Limited is audited by I P MEHTA AND COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I P MEHTA AND COMPANY | FY 2021 | 138699W |
Shareholding
The shareholding of H'reck Engineers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of H'reck Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2000 | 90143020 | Others | ₹45 Cr | Open | |
| 22 Oct 2009 | 10191829 | Hdfc Bank Limited | ₹37.98 Lakh | Satisfied | |
| 02 Mar 2009 | 10153859 | Hdfc Bank Limited | ₹15.3 Lakh | Satisfied |
To see the full charge records of H'reck Engineers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
H'reck Engineers Private Limited has 73 court cases on record: 2 filed by H'reck Engineers, 71 filed against it. 21 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 64 | 63 | 21 |
| High courts | 4 | 3 | 0 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Court case (SPCS) | Filed against the company by Duracon Cement Product Pvt. Ltd Director of Company Shri Kartik Tarakbhai Mamalatadar | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Zetwerk Manufacturing Businesses Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Suryoday Small Finance Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Zetwerk Manufacturing Businesses Pvt Ltd | Disposed |
To see the full case history of H'reck Engineers 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 H'reck Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
H'reck Engineers Private Limited has a workforce of 27 employees on its EPFO records as of Apr 27, 2024, across 1 active EPFO establishment.
GST
H'reck Engineers has 8 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 H'reck Engineers Private Limited, buy the company report.
Recent activity
H'reck Engineers Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Rajendra Devidas Puranik was appointed as Irp/Rp/Liquidator on 01 Jun 2023.
3 earlier events are in the company report.
Frequently asked questions
H'reck Engineers 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.
H'reck Engineers is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 September 1996 and is registered under CIN U45200MH1996PTC102681. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
H'reck Engineers has 3 current directors:
- Prakash Jayramdas Assar - Director
- Hansa Krishnakumar Ashar - Director
- Rajendra Devidas Puranik - Irp/Rp/Liquidator
The latest financial statements of H'reck Engineers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of H'reck Engineers is U45200MH1996PTC102681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H'reck Engineers has open charges of ₹45 Cr and satisfied charges of ₹53.28 Lakh as per latest MCA filings.
H'reck Engineers has 73 court cases on record: 2 filed by the company and 71 filed against it. 21 are pending. Most are in the district courts.
H'reck Engineers was incorporated on 19 September 1996. It is registered with the Registrar of Companies, Mumbai.
Rajendra Devidas Puranik was appointed as Irp/Rp/Liquidator on 01 Jun 2023. Hansa Krishnakumar Ashar was appointed as Director on 24 Jun 2022. Krishnakumar Jayramdas Ashar ceased to be Additional Director on 24 Jun 2022. H'reck Engineers has 6 board changes on record in total.
H'reck Engineers can be reached through the website jayshargroup.com. Its registered office is in Mumbai, Maharashtra, India.