About Impact Automotive Solutions Limited
Data last updated:
Impact Automotive Solutions Limited was a public limited company based in Pune, Maharashtra, India, operated as a subsidiary of Birlasoft Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 25 August 2010.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U35923PN2010PLC137191. Its GSTIN is 27AACCI4049N1Z8 (Maharashtra). The company held 3 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹150 Cr and a paid-up capital of ₹136.75 Cr. It was formerly known as Impact Automotive Solutions Private Limited. It was led by directors including Shashishekhar Pandit Balkrishna and Kishor Parshuram Patil.
Its last annual general meeting (AGM) was held on 10 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Plot No. 2 Survey No. 288 Hissa No. 1 To 4 Village Maan Taluka Mulshi, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.53 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹10.34 Cr (net margin 71.1%) and EBITDA of ₹13.63 Cr (EBITDA margin 93.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 84% over five years.
The company had about 11 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 acquisition); the latest was in September 2014.
The last known website on record is impactautomotive.in.
Company details
CIN history
Impact Automotive Solutions has one previous CIN (Corporate Identification Number): U35923PN2010PTC137191. The current CIN is U35923PN2010PLC137191, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35923PN2010PLC137191 | Current |
| U35923PN2010PTC137191 | Previous |
Contact details
Impact Automotive Solutions Limited's registered office is in Pune, Maharashtra. Its website is impactautomotive.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 2 Survey No. 288 Hissa No. 1 To 4 Village Maan Taluka Mulshi, Pune, Maharashtra, India – 411057
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Impact Automotive Solutions 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 Impact Automotive Solutions is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Impact Automotive Solutions Limited, buy the company report.
Financials of Impact Automotive Solutions Limited
FY 2020 filings availableImpact Automotive Solutions Limited reported revenue of ₹14.53 Cr (down 56% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA rose 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 |
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| EBITDA | ₹13.63 Cr | ||||
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| Net Profit (PAT) | ₹10.34 Cr | ||||
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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 | 93.8% | ||||
| Net Profit Margin | 71.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Impact Automotive Solutions Limited, buy the company report.
Board of directors of Impact Automotive Solutions Limited
Impact Automotive Solutions has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashishekhar Pandit Balkrishna | Director | 02 Sep 2020 | 6 Years 2 Months | As last reported |
| Kishor Parshuram Patil | Director | 25 Aug 2010 | 16 Years 2 Months | As last reported |
| Pushpahas Dilip Joshi | Director | 20 Mar 2018 | 8 Years 7 Months | As last reported |
| Priyamvada Manoj Hardikar | Director | 12 Jun 2020 | 6 Years 5 Months | As last reported |
| Chinmay Shashishekhar Pandit Also directs: Kirtane & Pandit LLP, Kpit Technologies Limited | Director | 26 Feb 2015 | 11 Years 8 Months | As last reported |
Auditor
Impact Automotive Solutions Limited is audited by HARESH K LALWANI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARESH K LALWANI & ASSOCIATES | FY 2019 | 103507W |
Shareholding
The shareholding of Impact Automotive Solutions Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Impact Automotive Solutions Limited, buy the company report.
Deals & funding
Impact Automotive Solutions Limited has 1 deal on record (1 acquisition); the latest was in September 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Acquisition | ₹10.79 Cr | Buyer: Birlasoft Limited Seller: Bharat Forge Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Impact Automotive Solutions Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Mr. Gaurishankar N. Kalyani Azb and Partners | Disposed |
To see the full case history of Impact Automotive Solutions 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 Impact Automotive Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Impact Automotive Solutions has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
Employees & EPFO
Impact Automotive Solutions Limited has a workforce of 11 employees on its EPFO records as of Apr 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 11 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Impact Automotive Solutions Limited, buy the company report.
GST
Impact Automotive Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI4049N1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 19AACCI4049N1Z5 | West Bengal | Active | 13 Nov 2017 |
To see the full GST registrations and return filing status of Impact Automotive Solutions Limited, buy the company report.
Recent activity
Impact Automotive Solutions Limited has 19 board changes on record since 2010: 5 appointments and 14 cessations. The latest: Priyamvada Manoj Hardikar ceased to be Additional Director on 10 Nov 2020.
10 earlier events are in the company report.
Frequently asked questions
Impact Automotive Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Impact Automotive Solutions was a public limited company based in Pune, Maharashtra, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 25 August 2010 and is registered under CIN U35923PN2010PLC137191. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Impact Automotive Solutions was incorporated on 25 August 2010. It is registered with the Registrar of Companies, Pune.
Impact Automotive Solutions had 5 directors:
- Shashishekhar Pandit Balkrishna - Director
- Kishor Parshuram Patil - Director
- Pushpahas Dilip Joshi - Director
- Priyamvada Manoj Hardikar - Director
- Chinmay Shashishekhar Pandit - Director
The CIN (Corporate Identification Number) of Impact Automotive Solutions is U35923PN2010PLC137191. 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 Impact Automotive Solutions is at Plot No. 2 Survey No. 288 Hissa No. 1 To 4 Village Maan Taluka Mulshi, Pune, Maharashtra, India – 411057.
Impact Automotive Solutions can be reached through the website impactautomotive.in. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Impact Automotive Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 November 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Impact Automotive Solutions is 27AACCI4049N1Z8, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 19AACCI4049N1Z5 (West Bengal).
Impact Automotive Solutions operated in the automotive industry, in the auto parts and components segment.
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