About Mastech Technologies Private Limited
Data last updated:
Mastech Technologies Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Avaids Technovators Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 December 1995.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC074543. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹15.5 Cr and a paid-up capital of ₹15.31 Cr. It was led by directors Ashok Kumar Kaul and Rajesh Piplani.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 4A/58 Shanker Road, New Delhi, Delhi, India – 110060.
As per the financials filed for FY 2016, the company reported a revenue of ₹5.16 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Cr (net margin -36.3%) and EBITDA of ₹7.09 Lakh (EBITDA margin 1.4%).
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is mastechtechnologies.tradeindia.com.
Company details
Contact details
Mastech Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is mastechtechnologies.tradeindia.com. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address4A/58 Shanker Road, New Delhi, Delhi, India – 110060
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mastech Technologies 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 Mastech Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mastech Technologies Private Limited, buy the company report.
Financials of Mastech Technologies Private Limited
FY 2016 filings availableMastech Technologies Private Limited reported revenue of ₹5.16 Cr (down 3% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. EBITDA rose 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹5.16 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹7.09 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.87 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.4% | |
| Net Profit Margin | -36.3% | |
| 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 Mastech Technologies Private Limited, buy the company report.
Board of directors of Mastech Technologies Private Limited
Mastech Technologies 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 |
|---|---|---|---|---|
| Ashok Kumar Kaul | Director | 27 Sep 2006 | 20 Years 1 Months | As last reported |
| Rajesh Piplani Also directs: Technovators Brightsol (I) LLP, Uppal Estate Private Limited, Avaids Technovators Private Limited and 1 more | Director | 27 Sep 2006 | 20 Years 1 Months | As last reported |
Auditor
Mastech Technologies Private Limited is audited by MALIK GIRISH ANAND & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALIK GIRISH ANAND & CO | FY 2016 | 011613N |
Shareholding
The shareholding of Mastech Technologies Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mastech Technologies Private Limited, buy the company report.
Legal cases
Mastech Technologies Private Limited has 3 court cases on record: 2 filed by Mastech Technologies, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Raj Mechatronix Pvt.Ltd | Disposed |
| Supreme Court | Court case (0320-Direct Taxes Matter : Re-assessment/Revisional Power/Rectification) | Filed against the company by Dy. Commissioner of Income Tax New Delhi Circle 3(2), 3Rd Floor, C.R. Building, I.P. Estate, New Delhi , District: New Delhi ,New Delhi , Delhi | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Dy. Commissioner of Income Tax | Disposed |
To see the full case history of Mastech Technologies 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 Mastech Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mastech Technologies has 3 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 Mastech Technologies Private Limited, buy the company report.
Recent activity
Mastech Technologies Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Sanjay Chowdhary ceased to be Director on 27 Nov 2015.
Frequently asked questions
Mastech Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mastech Technologies was a private limited company based in New Delhi, Delhi, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 December 1995 and is registered under CIN U74899DL1995PTC074543. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mastech Technologies was incorporated on 11 December 1995. It is registered with the Registrar of Companies, Delhi.
Mastech Technologies had 2 directors:
- Ashok Kumar Kaul - Director
- Rajesh Piplani - Director
The CIN (Corporate Identification Number) of Mastech Technologies is U74899DL1995PTC074543. 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 Mastech Technologies is at 4A58 Shanker Road, New Delhi, Delhi, India – 110060.
Mastech Technologies can be reached through the website mastechtechnologies.tradeindia.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Mastech Technologies on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Mastech Technologies has 3 GST registrations on record and all of them are cancelled or inactive.
Mastech Technologies operated in the metals and minerals industry, in the steel manufacturing and processing segment.
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