About Liners India Limited
Data last updated:
Liners India Limited was a public limited company based in Pin, Andhra Pradesh, India. The company has been dissolved (liquidated) 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 auto parts and components segment of the automotive sector. It was incorporated on 24 April 1986.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U99999AP1986PLC006402. Its GSTIN is 37AAACL3810C1Z2 (Andhra Pradesh). The company held 9 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹4.69 Cr. It was formerly known as Liners India P Limited. It was led by directors including Ganesh Subramaniam (Managing Director) and Srinivasan Subra Mani.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at R.S.No.205/2A Kanuru 7th Cross Road Jawhar Autonagar Vijayawada, Pin, Andhra Pradesh, India.
As per the financials filed for FY 2017, the company reported a revenue of ₹71.49 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹41.84 Lakh (net margin -0.6%) and EBITDA of ₹5.02 Cr (EBITDA margin 7%).
The company had about 48 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹42.53 Cr and satisfied charges of ₹81.61 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 8 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹10.45 Cr; the latest was in April 2011.
The last known website on record is linersindia.com.
Company details
Contact details
Liners India Limited's registered office is in Pin, Andhra Pradesh. Its website is linersindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressR.S.No.205/2A Kanuru 7th Cross Road Jawhar Autonagar Vijayawada, Pin, Andhra Pradesh, India
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Liners India 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 activities of Liners India are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and retail trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Liners India Limited, buy the company report.
Financials of Liners India Limited
FY 2017 filings availableLiners India Limited reported revenue of ₹71.49 Cr (down 21% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year. EBITDA fell 23% 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 | ₹71.49 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.02 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹41.84 Lakh | ||
| 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 | 7% | ||
| Net Profit Margin | -0.6% | ||
| 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 Liners India Limited, buy the company report.
Board of directors of Liners India Limited
Liners India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Subra Mani | Director | 01 Apr 2009 | 17 Years 7 Months | As last reported |
| Ganesh Subramaniam | Managing Director | 05 Sep 2002 | 24 Years 2 Months | As last reported |
| Ajjarapu Surya Prakash | Director | 16 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Liners India Limited is audited by E C & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E C & ASSOCIATES | FY 2017 | 011752S |
Shareholding
The shareholding of Liners India Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Liners India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2013 | 10467482 | Others | ₹21.25 Cr | Open | |
| 03 May 2012 | 10358369 | Tata Capital Financial Services Limited | ₹44.74 Lakh | Open | |
| 28 Dec 2011 | 10325311 | Kotak Mahindra Bank Limited | ₹15 Lakh | Open | |
| 01 Dec 2011 | 10320729 | Kotak Mahindra Bank Limited | ₹59.9 Lakh | Open | |
| 31 Oct 2011 | 10319083 | Reliance Capital Ltd | ₹19.95 Lakh | Open |
To see the full charge records of Liners India Limited, buy the company report.
Total charge records: 45 View all charges
Deals & funding
Liners India Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹10.45 Cr; the latest was in April 2011.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2011 | Secondary share transfer | Undisclosed | Seller: Jina Ventures |
| Jan 2009 | Funding round | ₹3 Cr | Investors: L A Srinivasan Huf, 3 individuals |
| Mar 2008 | Funding round | ₹1.65 Cr | Investors: S Ganesh Huf, 3 individuals |
| Sep 2006 | Funding round | ₹5.81 Cr | Investors: H&M Global Selection India Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Liners India Limited has 19 court cases on record: 11 filed by Liners India, 8 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 7 | 1 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Company petition | Filed by the company against Golden Jubilee Hotels Private Limited | Disposed |
| High Court of Uttarakhand | Court case (WPMS) | Filed against the company | Pending |
| High Court | Court case (ITTA) | Filed against the company by The PR. Commissioner of Income-Tax | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The Commissioner of Customs | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by The Commissioner of Customs | Disposed |
To see the full case history of Liners India 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
Liners India Limited was last rated by Icra on 02 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 02 Jun 2022 |
To see the full credit ratings and regulatory alerts of Liners India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Liners India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Liners India Limited has a workforce of 48 employees on its EPFO records as of Apr 07, 2024, across 5 active EPFO establishments.
GST
Liners India has 9 GST registrations: 2 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACL3810C1Z2 | Andhra Pradesh | Active | 01 Jul 2017 |
| 36AAACL3810C1Z4 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Liners India Limited, buy the company report.
Recent activity
Liners India Limited has 14 board changes on record since 2002: 3 appointments and 11 cessations. The latest: Padmanabhuni Chandrasekhara Rao ceased to be Director on 29 Aug 2018.
108 earlier events are in the company report.
Frequently asked questions
Liners India has been "Dissolved (Liquidated)" 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.
Liners India was a public limited company based in Pin, Andhra Pradesh, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 24 April 1986 and is registered under CIN U99999AP1986PLC006402. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Liners India was incorporated on 24 April 1986. It is registered with the Registrar of Companies, Vijayawada.
Liners India had 3 directors:
- Ganesh Subramaniam - Managing Director
- Srinivasan Subra Mani - Director
- Ajjarapu Surya Prakash - Director
The CIN (Corporate Identification Number) of Liners India is U99999AP1986PLC006402. 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 Liners India is at R.S.No.2052A Kanuru 7th Cross Road Jawhar Autonagar Vijayawada, Pin, Andhra Pradesh, India.
Liners India can be reached through the website linersindia.com. Its registered office is in Pin, Andhra Pradesh, India.
The latest financial statements of Liners India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Liners India is 37AAACL3810C1Z2, registered in Andhra Pradesh. The company has 9 GST registrations in all, of which 2 are active and 7 are cancelled or inactive. Other active GSTINs include 36AAACL3810C1Z4 (Telangana).
Liners India operated in the automotive industry, in the auto parts and components segment.
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