About Metistech Fabricators Private Limited
Data last updated:
Metistech Fabricators Private Limited is a private limited company based in Bhilai, Chhattisgarh, 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 metal foundry and fabrication services segment of the engineering sector. It was incorporated on 08 April 2013.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U28910CT2013PTC000795. Its GSTIN is 22AAICM5348N1Z4 (Chhattisgarh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.62 Cr. It is led by directors including Ajay Gupta (Irp/Rp/Liquidator) and Rajeev Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 47/10 Nehru Nagar (East), Bhilai, Chhattisgarh, India – 490020.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.93 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹2.63 Cr (net margin -37.9%) and EBITDA of -₹2.11 Cr (EBITDA margin -30.4%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 22% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.17 Cr and satisfied charges of ₹3 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending.
The last known website on record is metistech.in.
Company details
Contact details
Metistech Fabricators Private Limited's registered office is in Bhilai, Chhattisgarh. Its website is metistech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address47/10 Nehru Nagar (East), Bhilai, Chhattisgarh, India – 490020
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Metistech Fabricators 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 Metistech Fabricators is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Metistech Fabricators Private Limited, buy the company report.
Financials of Metistech Fabricators Private Limited
FY 2022 filings availableMetistech Fabricators Private Limited reported revenue of ₹6.93 Cr (up 4% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹6.93 Cr | ||||
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| EBITDA | -₹2.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.4% | ||||
| Net Profit Margin | -37.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Metistech Fabricators Private Limited, buy the company report.
Board of directors of Metistech Fabricators Private Limited
Metistech Fabricators has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Gupta Also directs: KVG Insolvency Advisors Private Limited | Irp/Rp/Liquidator | 06 Mar 2024 | 2 Years 7 Months | As last reported |
| Rajeev Jain Also directs: VRJ Consultants LLP, RRJ Designs and Consultancy Pvt.Ltd., Bec Projects Limited and 4 more | Director | 25 Mar 2020 | 6 Years 7 Months | As last reported |
| Sanjay Gupta | Director | 08 Apr 2013 | 13 Years 6 Months | As last reported |
Auditor
Metistech Fabricators Private Limited is audited by SMITA JAIN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMITA JAIN & CO | FY 2022 | 013327C |
Shareholding
The shareholding of Metistech Fabricators Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Metistech Fabricators Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2016 | 100020877 | Idbi Bank Limited | ₹5.17 Cr | Open | |
| 17 Jul 2013 | 10438675 | Central Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Metistech Fabricators Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Metistech Fabricators Private Limited has 6 court cases on record: 1 filed by Metistech Fabricators, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| NCLAT | 2 | 2 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sundargarh, Orissa | Civil suit | Filed against the company by Shree Ram Machino Fabrik Pvt Ltd | Disposed |
| High Court | Writ petition | Filed against the company by M/S N. P. Construction | Pending |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by M/S.Rourkela Steel Syndicate (A Partnership Firm Represented Through Its Partner Mr. Manish Patodia) | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S.Rourkela Steel Syndicate (A Partnership Firm Represented Through Its Partner Mr. Manish Patodia) | Disposed |
To see the full case history of Metistech Fabricators 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 Metistech Fabricators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Metistech Fabricators Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Metistech Fabricators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAICM5348N1Z4 | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Metistech Fabricators Private Limited, buy the company report.
Recent activity
Metistech Fabricators Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Ajay Gupta was appointed as Irp/Rp/Liquidator on 06 Mar 2024.
Frequently asked questions
Metistech Fabricators 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.
Metistech Fabricators is a company under insolvency, formerly operating as a private limited company based in Bhilai, Chhattisgarh, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 08 April 2013 and is registered under CIN U28910CT2013PTC000795. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Metistech Fabricators has 3 current directors:
- Rajeev Jain - Director
- Sanjay Gupta - Director
- Ajay Gupta - Irp/Rp/Liquidator
The latest financial statements of Metistech Fabricators on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Metistech Fabricators is U28910CT2013PTC000795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metistech Fabricators has open charges of ₹5.17 Cr and satisfied charges of ₹3 Cr as per latest MCA filings.
Metistech Fabricators has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Metistech Fabricators was incorporated on 08 April 2013. It is registered with the Registrar of Companies, Chhattisgarh.
Ajay Gupta was appointed as Irp/Rp/Liquidator on 06 Mar 2024. Rajeev Jain was appointed as Director on 25 Mar 2020. Tushar Jain ceased to be Director on 25 Mar 2020. Metistech Fabricators has 5 board changes on record in total.
Metistech Fabricators can be reached through the website metistech.in. Its registered office is in Bhilai, Chhattisgarh, India.