Kochar Overseas Private Limited
About Kochar Overseas Private Limited
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Kochar Overseas Private Limited is a private limited company based in Punjab, 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 staple foods and grains segment of the food and beverages sector. It was incorporated on 21 July 2005.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2005PTC028699. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.75 Cr. It is led by directors Ajit Singh Kochar (Managing Director) and Vikramjit Singh Kochar.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Kot Mit Singhtarn Taran Road Amritsar, Punjab, India.
As per the financials filed for FY 2015, the company reported a revenue of ₹122.76 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹20.1 Cr (net margin -16.4%) and EBITDA of -₹14.26 Cr (EBITDA margin -11.6%).
As per MCA filings, the company has open charges of ₹125.61 Cr on record. Court records list 31 cases involving the company, including 5 filed by the company and 26 filed against it; 5 cases are pending.
Company details
Contact details
Kochar Overseas Private Limited's registered office is in Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressKot Mit Singhtarn Taran Road Amritsar, Punjab, India
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Kochar Overseas 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
Financials of Kochar Overseas Private Limited
FY 2015 filings availableKochar Overseas Private Limited reported revenue of ₹122.76 Cr (down 14% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹122.76 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹14.26 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹20.1 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -11.6% |
| Net Profit Margin | -16.4% |
| 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 Kochar Overseas Private Limited, buy the company report.
Board of directors of Kochar Overseas Private Limited
Kochar Overseas has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Singh Kochar | Managing Director | 21 Jul 2005 | 21 Years 3 Months | As last reported |
| Vikramjit Singh Kochar | Director | 16 Oct 2008 | 18 Years 0 Months | As last reported |
Auditor
Kochar Overseas Private Limited is audited by Mahajan Anand & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahajan Anand & Associates | FY 2015 |
Shareholding
The shareholding of Kochar Overseas Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kochar Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2014 | 10486888 | Punjab National Bank | ₹10 Lakh | Open | |
| 29 Jun 2012 | 10365598 | Punjab National Bank | ₹20.15 Cr | Open | |
| 04 Jul 2009 | 10167147 | Punjab National Bank | ₹12 Cr | Open | |
| 27 Jun 2009 | 10167143 | Punjab National Bank | ₹5 Cr | Open | |
| 21 Jan 2009 | 10140522 | Punjab National Bank | ₹1.45 Cr | Open |
To see the full charge records of Kochar Overseas Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Kochar Overseas Private Limited has 31 court cases on record: 5 filed by Kochar Overseas, 26 filed against it. 5 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 23 | 4 |
| High courts | 5 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Civil suit | Filed by the company against Ms Pari Foods Pvt Ltd. | Disposed |
| District court, Mohali, Punjab | Court case (CHI) | Filed against the company by an individual | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by M/S S.S. Khaira Traders and Another | Pending |
| District court, Gurdaspur, Punjab | Cheque dishonour complaint | Filed against the company by Ms S S Khaira Traders | Pending |
| District court, Gurdaspur, Punjab | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Kochar Overseas 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 Kochar Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kochar Overseas has 2 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 Kochar Overseas Private Limited, buy the company report.
Recent activity
Kochar Overseas Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Dalip Singh Kochar ceased to be Director on 05 Oct 2012.
14 earlier events are in the company report.
Frequently asked questions
Kochar Overseas 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.
Kochar Overseas is a company under liquidation, formerly operating as a private limited company based in Punjab, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 21 July 2005 and is registered under CIN U51909PB2005PTC028699. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kochar Overseas has 2 current directors:
- Ajit Singh Kochar - Managing Director
- Vikramjit Singh Kochar - Director
The latest financial statements of Kochar Overseas on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kochar Overseas is U51909PB2005PTC028699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kochar Overseas has open charges of ₹125.61 Cr and no satisfied charges on record as per latest MCA filings.
Kochar Overseas has 31 court cases on record: 5 filed by the company and 26 filed against it. 5 are pending. Most are in the district courts.
Kochar Overseas was incorporated on 21 July 2005. It is registered with the Registrar of Companies, Chandigarh.
Dalip Singh Kochar ceased to be Director on 05 Oct 2012. Jasmeet Singh Kochar ceased to be Director on 19 Sep 2012. Rajinder Singh Kochar ceased to be Director on 19 Sep 2012. Kochar Overseas has 6 board changes on record in total.
The registered office of Kochar Overseas is at Kot Mit Singhtarn Taran Road Amritsar, Punjab, India.
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