Krishna Electrical Industries Limited
About Krishna Electrical Industries Limited
Data last updated:
Krishna Electrical Industries Limited is a public limited company based in Gwalior, Madhya Pradesh, 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 power cables segment of the manufacturing sector. It was incorporated on 17 March 1978.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31300MP1978PLC001437. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.4 Cr. It is led by directors including Ajay Gupta (Managing Director) and Namrata Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at Mpi House Maharajpura Airport Road Gola – Ka – Mandir, Gwalior, Madhya Pradesh, India – 474005.
As per MCA filings, the company has open charges of ₹88.57 Cr and satisfied charges of ₹34.29 Cr on record. Court records list 44 cases involving the company, including 6 filed by the company and 38 filed against it; 4 cases are pending.
Company details
Contact details
Krishna Electrical Industries Limited's registered office is in Gwalior, Madhya Pradesh.
- Social Media
- Registered AddressMpi House Maharajpura Airport Road Gola – Ka – Mandir, Gwalior, Madhya Pradesh, India – 474005
- IndustryManufacturing, Power Cables
- 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 Krishna Electrical Industries Limited
FY 2012 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Krishna Electrical Industries Limited, buy the company report.
Board of directors of Krishna Electrical Industries Limited
Krishna Electrical Industries has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Gupta | Director | 01 Jan 1992 | 34 Years 9 Months | As last reported |
| Namrata Gupta | Whole-Time Director | 01 Apr 2012 | 14 Years 6 Months | As last reported |
| Rahul Gupta Also directs: Mpi Machines Limited | Director | 18 Apr 2002 | 24 Years 6 Months | As last reported |
| Ajay Gupta | Managing Director | 07 Apr 1988 | 38 Years 6 Months | As last reported |
| Anil Gupta | Director | 14 Jan 1994 | 32 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2009 | 10144770 | State Bank of India | ₹5.2 Cr | Open | |
| 11 Jan 2005 | 90209818 | State Bank of India | ₹44.65 Cr | Open | |
| 19 May 2004 | 90206120 | State Bank of India | ₹19.36 Cr | Open | |
| 19 May 2004 | 90209589 | State Bank of India | ₹19.36 Cr | Open | |
| 02 Apr 2003 | 90205913 | State Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Krishna Electrical Industries Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Krishna Electrical Industries Limited has 44 court cases on record: 6 filed by Krishna Electrical Industries, 38 filed against it. 4 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 31 | 3 |
| High courts | 13 | 7 | 1 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kalpena Industries Limited | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (EX B) | Filed against the company by M/S KLJ Polymers and Chemicals Ltd. | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by KLJ Polymers and Chemicals Limited | Disposed |
| High Court of Madhya Pradesh | Court case (MCC) | Filed against the company by M/S Universal Polychem (India) Pvt. Ltd. THR. | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Ms Vaishno Wire P. Ltd. | Disposed |
To see the full case history of Krishna Electrical Industries 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 Krishna Electrical Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Krishna Electrical Industries 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 Krishna Electrical Industries Limited, buy the company report.
Recent activity
Krishna Electrical Industries Limited has 8 board changes on record since 1988: 5 appointments and 3 cessations. The latest: Namrata Gupta ceased to be Additional Director on 01 Oct 2012.
27 earlier events are in the company report.
Frequently asked questions
Krishna Electrical Industries 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.
Krishna Electrical Industries is a company under insolvency, formerly operating as a public limited company based in Gwalior, Madhya Pradesh, India. The company works in power cables, within the manufacturing industry. It was incorporated on 17 March 1978 and is registered under CIN U31300MP1978PLC001437. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Krishna Electrical Industries has 5 current directors:
- Ajay Gupta - Managing Director
- Namrata Gupta - Whole-Time Director
- Ashok Gupta - Director
- Rahul Gupta - Director
- Anil Gupta - Director
The latest financial statements of Krishna Electrical Industries on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 29 September 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Krishna Electrical Industries is U31300MP1978PLC001437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishna Electrical Industries has open charges of ₹88.57 Cr and satisfied charges of ₹34.29 Cr as per latest MCA filings.
Krishna Electrical Industries has 44 court cases on record: 6 filed by the company and 38 filed against it. 4 are pending. Most are in the district courts.
Krishna Electrical Industries was incorporated on 17 March 1978. It is registered with the Registrar of Companies, Gwalior.
Namrata Gupta ceased to be Additional Director on 01 Oct 2012. Namrata Gupta was appointed as Whole-Time Director on 01 Apr 2012. Kashiram Gupta ceased to be Director on 30 Jan 2012. Krishna Electrical Industries has 8 board changes on record in total.
The registered office of Krishna Electrical Industries is at Mpi House Maharajpura Airport Road Gola – Ka – Mandir, Gwalior, Madhya Pradesh, India – 474005.