About International Coil Limited
Data last updated:
International Coil Limited is a public limited company based in New Delhi, Delhi, 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 cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 02 July 2004.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29192DL2004PLC127325. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Sucha Singh Sehra (Managing Director) and Paramjeet Singh Sehra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at A – 21/24 Naraina Industrial Arephase II, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2019, the company reported a revenue of ₹34.64 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -3.5%) and EBITDA of ₹4.1 Cr (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The company has about 157 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹190.02 Cr on record. Court records list 110 cases involving the company, including 40 filed by the company and 71 filed against it; 38 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.95 Cr; the latest was in March 2014.
The last known website on record is icl-tech.com.
Company details
Contact details
International Coil Limited's registered office is in New Delhi, Delhi. Its website is icl-tech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 21/24 Naraina Industrial Arephase II, New Delhi, Delhi, India – 110028
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of International Coil 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 International Coil 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 International Coil Limited, buy the company report.
Financials of International Coil Limited
FY 2019 filings availableInternational Coil Limited reported revenue of ₹34.64 Cr (down 43% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 43% fall in the latest year. EBITDA rose 6% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34.64 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of International Coil Limited, buy the company report.
Board of directors of International Coil Limited
International Coil has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sucha Singh Sehra Also directs: Dupon Clean Biofuels LLP, Uniaire Pvt Ltd | Managing Director | 02 Jul 2004 | 22 Years 3 Months | As last reported |
| Paramjeet Singh Sehra | Whole-Time Director | 02 Jul 2004 | 22 Years 3 Months | As last reported |
| Amardeep Singh | Whole-Time Director | 02 Jul 2004 | 22 Years 3 Months | As last reported |
| Jagjit Singh Also directs: Shur Kut Heat Transfers Private Limited | Director | 19 Aug 2013 | 13 Years 2 Months | As last reported |
Auditor
International Coil Limited is audited by CHAUDHRY VIGG JAMES & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAUDHRY VIGG JAMES & CO | FY 2019 | 000949N |
Shareholding
The shareholding of International Coil Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of International Coil Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2014 | 10493828 | Haryana State Industrial & Infrastructure Development Corporation Limited | ₹16 Cr | Open | |
| 04 Oct 2011 | 10319709 | Ing Vysya Bank Limited | ₹46.75 Cr | Open | |
| 14 Feb 2009 | 10142264 | Punjab & Sind Bank | ₹25 Cr | Open | |
| 26 Nov 2007 | 10083314 | Indian Overseas Bank | ₹2 Cr | Open | |
| 26 Nov 2007 | 10083308 | Indian Overseas Bank | ₹99 Cr | Open |
To see the full charge records of International Coil Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
International Coil Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.95 Cr; the latest was in March 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹4 Cr | Investors: 4 individuals |
| Feb 2008 | Funding round | ₹95 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
International Coil Limited has 110 court cases on record: 40 filed by International Coil, 71 filed against it. 38 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 85 | 66 | 38 |
| High courts | 22 | 4 | 0 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 110)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Wing Fan India Pvt. Ltd. THR. Mahesh Mamotra | Pending |
| District court, Faridabad, Haryana | Court case (C M APPLI) | Filed against the company by M/S Assam Bearing Private Limited | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S International Coil Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Consumer Finance Ltd | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S International Coil Ltd | Pending |
To see the full case history of International Coil 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 International Coil Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
International Coil Limited has a workforce of 157 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
International Coil 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 International Coil Limited, buy the company report.
Recent activity
International Coil Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: Maninder Singh Nayyar ceased to be Additional Director on 21 Mar 2018.
8 earlier events are in the company report.
Frequently asked questions
International Coil 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.
International Coil is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 02 July 2004 and is registered under CIN U29192DL2004PLC127325. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
International Coil has 4 current directors:
- Sucha Singh Sehra - Managing Director
- Paramjeet Singh Sehra - Whole-Time Director
- Amardeep Singh - Whole-Time Director
- Jagjit Singh - Director
The latest financial statements of International Coil on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of International Coil is U29192DL2004PLC127325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
International Coil has open charges of ₹190.02 Cr and no satisfied charges on record as per latest MCA filings.
International Coil has 110 court cases on record: 40 filed by the company and 71 filed against it. 38 are pending. Most are in the district courts.
International Coil was incorporated on 02 July 2004. It is registered with the Registrar of Companies, Delhi.
International Coil has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.95 Cr; the latest was in March 2014.
Maninder Singh Nayyar ceased to be Additional Director on 21 Mar 2018. Jagjit Singh ceased to be Additional Director on 25 Sep 2013. Jagjit Singh was appointed as Director on 19 Aug 2013. International Coil has 8 board changes on record in total.