Mascon Global Limited
About Mascon Global Limited
Data last updated:
Mascon Global Limited is a public limited company based in Chennai, Tamil Nadu, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 March 1991.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L45202TN1991PLC046402. It is recorded as listed by MCA, but its shares were delisted from BSE on 05 Mar 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹700 Cr and a paid-up capital of ₹372.13 Cr. It is led by directors including Chandra Krishnamurthy and Hendrikus Adrianus Alfonsus De Waart.
Its last annual general meeting (AGM) was held on 10 May 2012, and its latest financial statements are for the year ended 30 June 2011. The registered office is at Chandra Apartments 25 A Hospital Road Saidapet, Chennai, Tamil Nadu, India – 600015.
As per MCA filings, the company has open charges of ₹209.4 Cr and satisfied charges of ₹51 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 2 cases are pending.
Company details
CIN history
Mascon Global has one previous CIN (Corporate Identification Number): U45202TN2001PLC046402. The current CIN is L45202TN1991PLC046402, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45202TN1991PLC046402 | Current |
| U45202TN2001PLC046402 | Previous |
Contact details
Mascon Global Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressChandra Apartments 25 A Hospital Road Saidapet, Chennai, Tamil Nadu, India – 600015
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Mascon Global Limited
FY 2011 filings availableFinancial Statement Summary
| Metrics | FY 2010-11 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Mascon Global Limited, buy the company report.
Board of directors of Mascon Global Limited
Mascon Global has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Krishnamurthy | Director | 09 Feb 2001 | 25 Years 9 Months | As last reported |
| Hendrikus Adrianus Alfonsus De Waart | Additional Director | 03 Dec 2010 | 15 Years 11 Months | As last reported |
| Ramamurthy Ravikumar | Additional Director | 16 Jul 2012 | 14 Years 3 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2007 | 10032737 | Jm Financial Asset Reconstruction Company Private Limited | ₹130.4 Cr | Open | |
| 15 Jun 2001 | 90301026 | Oriental Bank of Commerce | ₹15 Cr | Open | |
| 19 Feb 2001 | 90301005 | Icici Ltd. | ₹50 Cr | Open | |
| 15 Jul 2000 | 90302787 | Icici Bank Ltd. | ₹14 Cr | Open | |
| 12 Nov 2008 | 10132323 | Bank of India | ₹40 Cr | Satisfied |
To see the full charge records of Mascon Global Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Mascon Global Limited has 12 court cases on record: 12 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| High courts | 6 | 6 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by Icici Bank Ltd., | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by Icici Bank Ltd., | Disposed |
| High Court, TAMIL NADU | Company petition | Filed against the company by Icici Bank Ltd., | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by L and T Finance Company Ltd. | Disposed |
To see the full case history of Mascon Global 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 Mascon Global Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mascon Global Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mascon Global Limited has 37 board changes on record since 1995: 20 appointments and 17 cessations. The latest: Paramesvar Killimangalam Ramakrishnan ceased to be Director on 16 Jul 2012.
40 earlier events are in the company report.
Frequently asked questions
Mascon Global 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.
Mascon Global is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 March 1991 and is registered under CIN L45202TN1991PLC046402. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mascon Global has 3 current directors:
- Chandra Krishnamurthy - Director
- Hendrikus Adrianus Alfonsus De Waart - Additional Director
- Ramamurthy Ravikumar - Additional Director
The latest financial statements of Mascon Global on record with the MCA are for the year ended 30 June 2011. Its last annual general meeting was held on 10 May 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mascon Global is L45202TN1991PLC046402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mascon Global is recorded as a listed company by MCA, but its shares were delisted from BSE on 05 Mar 2018 · compulsory delisting, and no longer trade on a stock exchange.
Mascon Global has open charges of ₹209.4 Cr and satisfied charges of ₹51 Cr as per latest MCA filings.
Mascon Global has 12 court cases on record: 12 filed against it. 2 are pending. Most are in the district courts.
Mascon Global was incorporated on 22 March 1991. It is registered with the Registrar of Companies, Chennai.
Paramesvar Killimangalam Ramakrishnan ceased to be Director on 16 Jul 2012. Ramamurthy Ravikumar was appointed as Additional Director on 16 Jul 2012. Chandra Hari ceased to be Director on 31 May 2012. Mascon Global has 37 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
