About Aravali Cylinders Private Limited
Data last updated:
Aravali Cylinders Private Limited is a private limited company based in Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28121DL1981PTC012656. Its GSTIN is 08AACCS0170N1Z8 (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.18 Cr. It was formerly known as Sunrays Engineers Private Limited. It is led by directors including Nitush Mahipal and Pradeep Mahipal.
Its last annual general meeting (AGM) was held on 01 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 2527 Outside Turkman Gate Near Lic Building, Delhi, India – 110006.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.31 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -454.7%) and EBITDA of -₹57.32 Lakh (EBITDA margin -217.9%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years.
The company is associated with 1 brand: Sunrays Engineers. As per MCA filings, the company has open charges of ₹1.15 Cr and satisfied charges of ₹9.46 Cr on record. Court records list 25 cases involving the company, including 3 filed by the company and 22 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunraysengineers.com.
Company details
CIN history
Aravali Cylinders has one previous CIN (Corporate Identification Number): U74899DL1981PTC012656. The current CIN is U28121DL1981PTC012656, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28121DL1981PTC012656 | Current |
| U74899DL1981PTC012656 | Previous |
Contact details
Aravali Cylinders Private Limited's registered office is in Delhi, Delhi. Its website is sunraysengineers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2527 Outside Turkman Gate Near Lic Building, Delhi, India – 110006
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Aravali Cylinders 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
Brands
Aravali Cylinders operates one associated brand: Sunrays Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies major auto components for the automotive industry. | sunrays.biz |
Business activity
The main business activity of Aravali Cylinders is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| 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 |
To see the full business activity and turnover split of Aravali Cylinders Private Limited, buy the company report.
Financials of Aravali Cylinders Private Limited
FY 2019 filings availableAravali Cylinders Private Limited reported revenue of ₹26.31 Lakh (down 98% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over three years, including a 98% fall in the latest year. EBITDA rose 87% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.31 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹57.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.2 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -217.9% | ||||
| Net Profit Margin | -454.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Aravali Cylinders Private Limited, buy the company report.
Board of directors of Aravali Cylinders Private Limited
Aravali Cylinders has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitush Mahipal Also directs: Delhi Minerals and Metals Pvt Ltd | Director | 05 Oct 2013 | 13 Years 0 Months | Current |
| Pradeep Mahipal Also directs: Delhi Minerals and Metals Pvt Ltd | Director | 31 Dec 1994 | 31 Years 9 Months | Current |
| Vimal Mahipal Also directs: Delhi Minerals and Metals Pvt Ltd | Director | 31 Dec 1994 | 31 Years 9 Months | Current |
| Subhash Gupta | Nominee Director | 01 Feb 2017 | 9 Years 8 Months | Current |
| Bhavna Mahipal | Director | 05 Oct 2013 | 13 Years 0 Months | Current |
Auditor
Aravali Cylinders Private Limited is audited by K N GUTGUTIA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N GUTGUTIA & CO | FY 2019 | 304153E |
Shareholding
The shareholding of Aravali Cylinders Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aravali Cylinders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2015 | 10599966 | Icici Bank Limited | ₹1.15 Cr | Open | |
| 01 Nov 2017 | 100136374 | Others | ₹3 Cr | Satisfied | |
| 03 Feb 2006 | 10000183 | Central Bank of India | ₹15 Lakh | Satisfied | |
| 03 Feb 2006 | 10000301 | Central Bank of India | ₹6 Lakh | Satisfied | |
| 03 Feb 2006 | 10000302 | Central Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Aravali Cylinders Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Aravali Cylinders Private Limited has 25 court cases on record: 3 filed by Aravali Cylinders, 22 filed against it. 13 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 16 | 15 | 12 |
| District courts | 3 | 2 | 0 |
| Supreme Court | 3 | 2 | 0 |
| High courts | 2 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Deva Shree Developers Private Limited and 5 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Deva Shree Developers Private Limited and 5 others | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Devashree Developers Private Limited & Ors. and 5 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Devashree Developers Private Limited & Ors. and 5 others | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Deva Shree Developers Private Limited | Disposed |
To see the full case history of Aravali Cylinders 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.
Credit ratings & regulatory alerts
Aravali Cylinders Private Limited was last rated by Crisil on 23 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Oct 2019 |
To see the full credit ratings and regulatory alerts of Aravali Cylinders Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aravali Cylinders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aravali Cylinders has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCS0170N1Z8 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aravali Cylinders Private Limited, buy the company report.
Recent activity
Aravali Cylinders Private Limited has 8 board changes on record since 1994: 5 appointments and 3 cessations. The latest: Subhash Gupta ceased to be Additional Director on 29 Sep 2017.
13 earlier events are in the company report.
Frequently asked questions
Aravali Cylinders is an active private limited company based in Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 November 1981 (45+ years old) and is registered under CIN U28121DL1981PTC012656.
Aravali Cylinders has 5 current directors:
- Nitush Mahipal - Director
- Pradeep Mahipal - Director
- Vimal Mahipal - Director
- Subhash Gupta - Nominee Director
- Bhavna Mahipal - Director
The latest financial statements of Aravali Cylinders on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 01 August 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Aravali Cylinders is 08AACCS0170N1Z8, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aravali Cylinders is U28121DL1981PTC012656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aravali Cylinders has 25 court cases on record: 3 filed by the company and 22 filed against it. 13 are pending. Most are in the nclat.
Aravali Cylinders was incorporated on 19 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
Subhash Gupta ceased to be Additional Director on 29 Sep 2017. Subhash Gupta was appointed as Nominee Director on 01 Feb 2017. Sanjay Mahipal ceased to be Director on 10 Sep 2014. Aravali Cylinders has 8 board changes on record in total.
Aravali Cylinders can be reached through the website sunraysengineers.com. Its registered office is in Delhi, India.
The registered office of Aravali Cylinders is at 2527 Outside Turkman Gate Near Lic Building, Delhi, India – 110006.