About JK Coil Coatings Private Limited
Data last updated:
JK Coil Coatings Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the paint and coatings segment of the manufacturing sector. It was incorporated on 07 August 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24222MH2006PTC163629. Its GSTIN is 27AACCD4445R2Z4 (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.84 Cr. It was formerly known as Dura Coat Coil Coatings Pvt. Ltd. It was led by directors including Sanjiv Kumar Thakur and Ajay Prem Sagar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Neelsiddhi Enclave – Comm.Complex Plot No.48/9 Sector – 14 Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2017, the company reported a revenue of ₹70.15 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹8.85 Cr (net margin -12.6%) and EBITDA of -₹2.82 Cr (EBITDA margin -4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company had open charges of ₹25.8 Cr on record. Court records list 30 cases involving the company, including 1 filed by the company and 29 filed against it; 12 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹10.05 Cr; the latest was in March 2014.
The last known website on record is jkcc.in.
Company details
Contact details
JK Coil Coatings Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is jkcc.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNeelsiddhi Enclave – Comm.Complex Plot No.48/9 Sector – 14 Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryManufacturing, Paint & Coatings
To see the full contact details of JK Coil Coatings 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 JK Coil Coatings is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of JK Coil Coatings Private Limited, buy the company report.
Financials of JK Coil Coatings Private Limited
FY 2017 filings availableJK Coil Coatings Private Limited reported revenue of ₹70.15 Cr (up 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 137% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹70.15 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.82 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹8.85 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -4% | ||
| Net Profit Margin | -12.6% | ||
| 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 JK Coil Coatings Private Limited, buy the company report.
Board of directors of JK Coil Coatings Private Limited
JK Coil Coatings has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Kumar Thakur | Director | 07 Aug 2006 | 20 Years 3 Months | As last reported |
| Ajay Prem Sagar | Director | 07 Aug 2006 | 20 Years 3 Months | As last reported |
| Surjit Bhojsingh Ailsinghani Also directs: Ajmera and Baba Builders LLP, Dharti Nakshatra LLP, Baba Homes Private Limited and 1 more | Director | 28 Mar 2014 | 12 Years 7 Months | As last reported |
Shareholding
The shareholding of JK Coil Coatings Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of JK Coil Coatings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2012 | 10368335 | Andhra Bank | ₹40 Lakh | Open | |
| 20 Jan 2010 | 10202653 | Andhra Bank | ₹70 Lakh | Open | |
| 13 Nov 2007 | 10080229 | Andhra Bank | ₹24.7 Cr | Open |
To see the full charge records of JK Coil Coatings Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
JK Coil Coatings Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹10.05 Cr; the latest was in March 2014.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: JK Surface Coatings Private Limited |
| May 2012 | Funding round | ₹1.67 Cr | Investors: JK Surface Coatings Private Limited , 2 individuals |
| Mar 2011 | Funding round | ₹5.09 Cr | Investors: JK Surface Coatings Private Limited , 2 individuals |
| Mar 2009 | Funding round | ₹2.09 Cr | Investors: JK Surface Coatings Private Limited , 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: JK Surface Coatings Private Limited Seller: an individual |
To see the full deal history of JK Coil Coatings Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JK Coil Coatings Private Limited has 30 court cases on record: 1 filed by JK Coil Coatings, 29 filed against it. 12 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 25 | 12 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by Ms 20 Microns Ltd in Appeal___/2026 | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Divine Titanium Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Classic Solvents Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Krishlex Polymers Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Azelis (India) Pvt Ltd | Pending |
To see the full case history of JK Coil Coatings 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 JK Coil Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JK Coil Coatings has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD4445R2Z4 | Maharashtra | Active | 23 Nov 2020 |
To see the full GST registrations and return filing status of JK Coil Coatings Private Limited, buy the company report.
Recent activity
JK Coil Coatings Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Surjit Bhojsingh Ailsinghani was appointed as Director on 28 Mar 2014.
Frequently asked questions
JK Coil Coatings has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
JK Coil Coatings was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in paint and coatings, within the manufacturing industry. It was incorporated on 07 August 2006 and is registered under CIN U24222MH2006PTC163629. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
JK Coil Coatings was incorporated on 07 August 2006. It is registered with the Registrar of Companies, Mumbai.
JK Coil Coatings had 3 directors:
- Sanjiv Kumar Thakur - Director
- Ajay Prem Sagar - Director
- Surjit Bhojsingh Ailsinghani - Director
The CIN (Corporate Identification Number) of JK Coil Coatings is U24222MH2006PTC163629. 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 JK Coil Coatings is at Neelsiddhi Enclave – Comm.Complex Plot No.489 Sector – 14 Vashi, Navi Mumbai, Maharashtra, India – 400703.
JK Coil Coatings can be reached through the website jkcc.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The latest financial statements of JK Coil Coatings on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of JK Coil Coatings is 27AACCD4445R2Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
JK Coil Coatings operated in the manufacturing industry, in the paint and coatings segment.
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