About JK Surface Coatings Private Limited
Data last updated:
JK Surface Coatings Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 01 December 1998.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH1998PTC117291. Its GSTIN is 27AAACJ8308H1ZK (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.05 Cr. It is 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 is at Neel Siddhi Enclave – Commercial Complex Plot – 48/9 Sector – 14 Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2017, the company reported a revenue of ₹24.23 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹15.32 Cr (net margin -63.2%) and EBITDA of -₹12.09 Cr (EBITDA margin -49.9%).
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.33 Cr and satisfied charges of ₹89 Lakh on record. Court records list 33 cases involving the company, including 7 filed by the company and 26 filed against it; 7 cases are pending.
The last known website on record is jksc.in.
Company details
CIN history
JK Surface Coatings has one previous CIN (Corporate Identification Number): U99999MH1998PTC117291. The current CIN is U45202MH1998PTC117291, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202MH1998PTC117291 | Current |
| U99999MH1998PTC117291 | Previous |
Contact details
JK Surface Coatings Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is jksc.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNeel Siddhi Enclave – Commercial Complex Plot – 48/9 Sector – 14 Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of JK Surface 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 Surface Coatings 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 JK Surface Coatings Private Limited, buy the company report.
Financials of JK Surface Coatings Private Limited
FY 2017 filings availableJK Surface Coatings Private Limited reported revenue of ₹24.23 Cr (down 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year. EBITDA fell 491% in the latest 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 | ₹24.23 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹12.09 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹15.32 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 | -49.9% | ||
| Net Profit Margin | -63.2% | ||
| 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 Surface Coatings Private Limited, buy the company report.
Board of directors of JK Surface Coatings Private Limited
JK Surface Coatings has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Kumar Thakur | Director | 01 Dec 1998 | 27 Years 10 Months | As last reported |
| Ajay Prem Sagar | Director | 01 Dec 1998 | 27 Years 10 Months | As last reported |
| Vijay Lulla Also directs: S L B M and Co LLP | Irp/Rp/Liquidator | 19 Jul 2024 | 2 Years 3 Months | As last reported |
| Shashi Bhushan Prasad Also directs: Stress Credit Resolution Private Limited | Irp/Rp/Liquidator | 14 Jul 2023 | 3 Years 3 Months | As last reported |
Shareholding
The shareholding of JK Surface 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 Surface Coatings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2016 | 100075476 | Others | ₹4.9 Cr | Open | |
| 22 Jan 2015 | 10559854 | Srei Equipment Finance Limited | ₹13.15 Lakh | Open | |
| 27 Jun 2012 | 10368337 | Andhra Bank | ₹40 Lakh | Open | |
| 28 Oct 2011 | 10321714 | Andhra Bank Limited | ₹7.1 Cr | Open | |
| 23 Jul 2009 | 10175653 | Andhra Bank | ₹6 Cr | Open |
To see the full charge records of JK Surface Coatings Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
JK Surface Coatings Private Limited has 33 court cases on record: 7 filed by JK Surface Coatings, 26 filed against it. 7 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 7 |
| High courts | 10 | 4 | 0 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Akzo Nobel India Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Yes Bank Limited | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Akzo Nobel India Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by P C Chanda and Company Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Equipment Finance Limited | Disposed |
To see the full case history of JK Surface 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.
Credit ratings & regulatory alerts
JK Surface Coatings Private Limited was last rated by Crisil on 12 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Mar 2020 |
To see the full credit ratings and regulatory alerts of JK Surface Coatings Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for JK Surface Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
JK Surface Coatings Private Limited has a workforce of 43 employees on its EPFO records as of Mar 30, 2024, across 2 active EPFO establishments.
GST
JK Surface Coatings has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ8308H1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JK Surface Coatings Private Limited, buy the company report.
Recent activity
JK Surface Coatings Private Limited has 4 board changes on record since 1998: 4 appointments. The latest: Vijay Lulla was appointed as Irp/Rp/Liquidator on 19 Jul 2024.
19 earlier events are in the company report.
Frequently asked questions
JK Surface Coatings is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
JK Surface Coatings is a company under liquidation, formerly operating as a private limited company based in Navi Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 01 December 1998 and is registered under CIN U45202MH1998PTC117291. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
JK Surface Coatings has 4 current directors:
- Sanjiv Kumar Thakur - Director
- Ajay Prem Sagar - Director
- Vijay Lulla - Irp/Rp/Liquidator
- Shashi Bhushan Prasad - Irp/Rp/Liquidator
The latest financial statements of JK Surface 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 CIN (Corporate Identification Number) of JK Surface Coatings is U45202MH1998PTC117291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JK Surface Coatings has open charges of ₹36.33 Cr and satisfied charges of ₹89 Lakh as per latest MCA filings.
JK Surface Coatings has 33 court cases on record: 7 filed by the company and 26 filed against it. 7 are pending. Most are in the district courts.
JK Surface Coatings was incorporated on 01 December 1998. It is registered with the Registrar of Companies, Mumbai.
Vijay Lulla was appointed as Irp/Rp/Liquidator on 19 Jul 2024. Shashi Bhushan Prasad was appointed as Irp/Rp/Liquidator on 14 Jul 2023. Ajay Prem Sagar was appointed as Director on 01 Dec 1998. JK Surface Coatings has 4 board changes on record in total.
JK Surface Coatings can be reached through the website jksc.in. Its registered office is in Navi Mumbai, Maharashtra, India.