About Capacite Structures Limited
Data last updated:
Capacite Structures Limited is a public limited company based in Mumbai, Maharashtra, 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 pipe and tubes segment of the manufacturing sector. It was incorporated on 22 May 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29110MH1996PLC099745. Its GSTIN is 27AAACP4898A1ZD (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.06 Cr. It was formerly known as Pratibha Pipes and Structural Private Limited and Pratibha Pipes and Structural Limited. It is led by directors including Sanjay Vinayak Kulkarni (Managing Director) and Vinayak Bhagwan Kulkarni (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 404 & 405 Sabari Samriddhi Behind Maitri Park St Stand Sion – Trombay Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2017, the company reported a revenue of ₹167.2 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹11.02 Cr (net margin 6.6%) and EBITDA of ₹28.18 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹273.22 Cr and satisfied charges of ₹216.08 Cr on record. Court records list 34 cases involving the company, including 9 filed by the company and 25 filed against it; 7 cases are pending. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹41.09 Cr; the latest was in March 2018.
The last known website on record is csli.in.
Company details
Name history
Capacite Structures has undergone 2 name changes throughout its history. The company was previously known as Pratibha Pipes And Structural Private Limited, and Pratibha Pipes And Structural Limited. The current legal name is Capacite Structures Limited.
| Company Name | Status |
|---|---|
| Capacite Structures Limited | Current |
| Pratibha Pipes And Structural Private Limited | Previous |
| Pratibha Pipes And Structural Limited | Previous |
CIN history
Capacite Structures has one previous CIN (Corporate Identification Number): U29110MH1996PTC099745. The current CIN is U29110MH1996PLC099745, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29110MH1996PLC099745 | Current |
| U29110MH1996PTC099745 | Previous |
Contact details
Capacite Structures Limited's registered office is in Mumbai, Maharashtra. Its website is csli.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address404 & 405 Sabari Samriddhi Behind Maitri Park St Stand Sion – Trombay Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Capacite Structures 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 Capacite Structures 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 Capacite Structures Limited, buy the company report.
Financials of Capacite Structures Limited
FY 2018 filings availableCapacite Structures Limited reported revenue of ₹167.2 Cr (down 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 144% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹167.2 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹28.18 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹11.02 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 16.9% | ||
| Net Profit Margin | 6.6% | ||
| 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 Capacite Structures Limited, buy the company report.
Board of directors of Capacite Structures Limited
Capacite Structures has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Bhagwan Kulkarni | Whole-Time Director | 31 Mar 2006 | 20 Years 6 Months | As last reported |
| Sanjay Vinayak Kulkarni | Managing Director | 30 Sep 2013 | 13 Years 0 Months | As last reported |
| Ajay Vinayak Kulkarni | Whole-Time Director | 14 Jul 2011 | 15 Years 3 Months | As last reported |
Auditor
Capacite Structures Limited is audited by JAYESH SANGHRAJKA & CO. LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH SANGHRAJKA & CO. LLP | FY 2017 | 104184W/W100075 |
Shareholding
The shareholding of Capacite Structures Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Capacite Structures Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2017 | 100140121 | Others | ₹8.35 Cr | Open | |
| 27 Feb 2013 | 10421035 | Ing Vysya Bank Limited | ₹11.59 Lakh | Open | |
| 09 Feb 2010 | 10201936 | Corporation Bank | ₹49 Cr | Open | |
| 30 Jan 2010 | 10201497 | The Saraswat Co-Opertative Bank Ltd. | ₹21.55 Cr | Open | |
| 13 Jan 2010 | 10197292 | The Saraswat Cooperative Bank Ltd | ₹7.55 Cr | Open |
To see the full charge records of Capacite Structures Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Capacite Structures Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹41.09 Cr; the latest was in March 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹20.18 Cr | Investors: Ana Transcomm Private Limited , Vinayak Kulkarni HUF, an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Vinayak Kulkarni HUF, Ajay Kulkarni HUF, Sanjay Kulkarni HUF, an individual Seller: Capacit'e Infraprojects Limited , an individual |
| Dec 2013 | Funding round | ₹5 Cr | Investors: Capacit'e Infraprojects Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Pratibha Shareholding Private Limited , an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Pratibha Shareholding Private Limited , 3 individuals Seller: 4 individuals |
To see the full deal history of Capacite Structures Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Capacite Structures Limited has 34 court cases on record: 9 filed by Capacite Structures, 25 filed against it. 7 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 19 | 7 |
| High courts | 11 | 6 | 0 |
| NCLT | 4 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Execution petition | Filed against the company by Axis Bank Ltd. Through Amol Ashok Pansare | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Dmsons Metal Pvt Ltd Th Mr Dnyaneshwar S Kekane | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Fornido Developers Ltd | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Air Pac Filters and Systems Pvt Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Hi-Class Buildcon Pvt. Ltd. and 4 others | Disposed |
To see the full case history of Capacite Structures 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 Capacite Structures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Capacite Structures Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Capacite Structures has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP4898A1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AAACP4898A2ZC | Maharashtra | Active | 14 May 2020 |
To see the full GST registrations and return filing status of Capacite Structures Limited, buy the company report.
Recent activity
Capacite Structures Limited has 16 board changes on record since 2006: 3 appointments and 13 cessations. The latest: Mukesh Sarswat ceased to be Director on 29 Sep 2018.
63 earlier events are in the company report.
Frequently asked questions
Capacite Structures 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.
Capacite Structures is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 22 May 1996 and is registered under CIN U29110MH1996PLC099745. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Capacite Structures has 3 current directors:
- Sanjay Vinayak Kulkarni - Managing Director
- Vinayak Bhagwan Kulkarni - Whole-Time Director
- Ajay Vinayak Kulkarni - Whole-Time Director
The latest financial statements of Capacite Structures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Capacite Structures is U29110MH1996PLC099745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Capacite Structures has open charges of ₹273.22 Cr and satisfied charges of ₹216.08 Cr as per latest MCA filings.
Capacite Structures has 34 court cases on record: 9 filed by the company and 25 filed against it. 7 are pending. Most are in the district courts.
Capacite Structures was incorporated on 22 May 1996. It is registered with the Registrar of Companies, Mumbai.
Capacite Structures has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹41.09 Cr; the latest was in March 2018.
Mukesh Sarswat ceased to be Director on 29 Sep 2018. Raveendra Yermal Shetty ceased to be Director on 17 Dec 2016. Altaf Mustafa Hussain Siddiqui ceased to be Director on 27 Apr 2016. Capacite Structures has 16 board changes on record in total.