About Mas Project Engineers Private Limited
Data last updated:
Mas Project Engineers Private Limited is a private limited company based in Delhi, 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 engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 12 February 1997.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32202DL1997PTC085074. Its GSTIN is 07AAACM9942N2ZV (Delhi). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹44.47 Lakh. It is led by directors Anil Bhalla (Managing Director) and Renu Bhalla.
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 is at 1st Floor Neelkanth Chambers – IV Plot No. 6 Local Shopping Complex Rish, Abh Vihar, Delhi, India – 110092.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.48 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -0.5%) and EBITDA of ₹37.5 Lakh (EBITDA margin 10.8%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹22.75 Cr on record. Court records list 37 cases involving the company, including 2 filed by the company and 35 filed against it; 6 cases are pending.
The last known website on record is masproject.org.
Company details
Contact details
Mas Project Engineers Private Limited's registered office is in Delhi, Delhi. Its website is masproject.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Neelkanth Chambers – IV Plot No. 6 Local Shopping Complex Rish, Abh Vihar, Delhi, India – 110092
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Mas Project Engineers 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 Mas Project Engineers 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 Mas Project Engineers Private Limited, buy the company report.
Financials of Mas Project Engineers Private Limited
FY 2017 filings availableMas Project Engineers Private Limited reported revenue of ₹3.48 Cr (down 16% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year. EBITDA fell 3% 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 | ₹3.48 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹37.5 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.71 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 | 10.8% | ||
| Net Profit Margin | -0.5% | ||
| 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 Mas Project Engineers Private Limited, buy the company report.
Board of directors of Mas Project Engineers Private Limited
Mas Project Engineers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Bhalla | Director | 01 Mar 2012 | 14 Years 8 Months | As last reported |
| Anil Bhalla | Managing Director | 12 Feb 1997 | 29 Years 8 Months | As last reported |
Auditor
Mas Project Engineers Private Limited is audited by M K SINGHAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K SINGHAL & ASSOCIATES | FY 2017 | 024644N |
Shareholding
The shareholding of Mas Project Engineers Private 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 Mas Project Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2017 | 100100312 | Karnataka Bank Ltd. | ₹50 Lakh | Satisfied | |
| 16 Feb 2015 | 10559142 | Karnataka Bank Ltd. | ₹2 Cr | Satisfied | |
| 16 Feb 2015 | 10559145 | Karnataka Bank Ltd. | ₹1 Cr | Satisfied | |
| 07 Dec 2010 | 10310803 | Icici Bank Limited | ₹8 Cr | Satisfied | |
| 12 Jun 2010 | 10226330 | Canara Bank | ₹42.08 Lakh | Satisfied |
To see the full charge records of Mas Project Engineers Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Mas Project Engineers Private Limited has 37 court cases on record: 2 filed by Mas Project Engineers, 35 filed against it. 6 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 29 | 6 |
| High courts | 7 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Tricolite Electrical Industries Ltd. | Pending |
| District court, New Delhi, Delhi | Court case (T P (CRL)) | Filed against the company by M/S Tricolite Electrical Industries Limited | Disposed |
| District court, Shahdara, Delhi | Execution petition | Filed against the company by M/S Adlec Power Pvt. Ltd. | Disposed |
| High Court of Delhi | Appeal | Filed by the company against M/S Adlec Power Pvt Ltd Formerly Known As M/S Adlec Systems Private Ltd and 1 other | Disposed |
| District court, Shahdara, Delhi | Interim or miscellaneous application | Filed against the company by Ms Scot Innovation Wires and Cables Pvt Ltd | Disposed |
To see the full case history of Mas Project Engineers 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 Mas Project Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mas Project Engineers Private Limited has a workforce of 2 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Mas Project Engineers has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM9942N2ZV | Delhi | Active | 15 Sep 2020 |
To see the full GST registrations and return filing status of Mas Project Engineers Private Limited, buy the company report.
Recent activity
Mas Project Engineers Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Balwant Rai ceased to be Director on 26 Mar 2013.
38 earlier events are in the company report.
Frequently asked questions
Mas Project Engineers 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.
Mas Project Engineers is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 12 February 1997 and is registered under CIN U32202DL1997PTC085074. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mas Project Engineers has 2 current directors:
- Anil Bhalla - Managing Director
- Renu Bhalla - Director
The latest financial statements of Mas Project Engineers 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 CIN (Corporate Identification Number) of Mas Project Engineers is U32202DL1997PTC085074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mas Project Engineers has no open charges and satisfied charges of ₹22.75 Cr as per latest MCA filings.
Mas Project Engineers has 37 court cases on record: 2 filed by the company and 35 filed against it. 6 are pending. Most are in the district courts.
Mas Project Engineers was incorporated on 12 February 1997. It is registered with the Registrar of Companies, Delhi.
Balwant Rai ceased to be Director on 26 Mar 2013. Renu Bhalla ceased to be Additional Director on 29 Sep 2012. Renu Bhalla was appointed as Director on 01 Mar 2012. Mas Project Engineers has 4 board changes on record in total.
Mas Project Engineers can be reached through the website masproject.org. Its registered office is in Delhi, India.
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