Indian Technomac Company Limited
About Indian Technomac Company Limited
Data last updated:
Indian Technomac Company Limited is a public limited company based in Himachal Pradesh, 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 process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 September 1987.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U29214HP1987PLC007699. The company has 7 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹19.82 Cr. It was formerly known as Indian Technomac Co. Private Limited and Indian Technomac Co. Limited. It is led by directors including Rakesh Kumar Sharma (Managing Director) and Vinay Sharma.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at # Village Jagatpurp O Misserwala Paonta Sahib, Himachal Pradesh, India – 173021.
As per MCA filings, the company has open charges of ₹4,105.19 Cr and satisfied charges of ₹564.25 Cr on record. Court records list 314 cases involving the company, including 136 filed by the company and 178 filed against it; 35 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹435.84 Cr; the latest was in March 2013.
Company details
Name history
Indian Technomac Company has undergone 2 name changes throughout its history. The company was previously known as Indian Technomac Co. Private Limited, and Indian Technomac Co. Limited. The current legal name is Indian Technomac Company Limited.
| Company Name | Status |
|---|---|
| Indian Technomac Company Limited | Current |
| Indian Technomac Co. Private Limited | Previous |
| Indian Technomac Co. Limited | Previous |
CIN history
Indian Technomac Company has one previous CIN (Corporate Identification Number): U29214HP1987PTC007699. The current CIN is U29214HP1987PLC007699, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29214HP1987PLC007699 | Current |
| U29214HP1987PTC007699 | Previous |
Contact details
Indian Technomac Company Limited's registered office is in Himachal Pradesh.
- Registered Address# Village Jagatpurp O Misserwala Paonta Sahib, Himachal Pradesh, India – 173021
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Indian Technomac Company Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Indian Technomac Company Limited, buy the company report.
Board of directors of Indian Technomac Company Limited
Indian Technomac Company has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Sharma Also directs: BMT Chrome Alloys Private Limited | Director | 10 Jan 2008 | 18 Years 9 Months | As last reported |
| Rakesh Kumar Sharma | Managing Director | 10 Jan 2008 | 18 Years 9 Months | As last reported |
| Ranganathan Srinivasan | Director | 21 Jun 2010 | 16 Years 4 Months | As last reported |
| Aswini Kumar Sahoo Also directs: BMT Chrome Alloys Private Limited | Director | 02 Nov 2011 | 15 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2014 | 10479387 | Indian Overseas Bank | ₹22.2 Cr | Open | |
| 30 Sep 2013 | 10453992 | Union Bank of India | ₹5 Cr | Open | |
| 27 Sep 2013 | 10454224 | Corporation Bank | ₹542 Cr | Open | |
| 29 Jun 2013 | 10438828 | Andhra Bank | ₹41.5 Cr | Open | |
| 29 Jun 2013 | 10442375 | Uco Bank | ₹60 Cr | Open |
To see the full charge records of Indian Technomac Company Limited, buy the company report.
Total charge records: 52 View all charges
Deals & funding
Indian Technomac Company Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹435.84 Cr; the latest was in March 2013.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Hooghly Dealers Private Limited , Debdoot Vinimay Private Limited , Transit Vinimay Private Limited Seller: Blackberry Tradelinks Private Limited , Victor Tracom Private Limited , Mainak Vincom Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Deltech Enterprises Private Limited Seller: Divya Jewellers Private Limited |
| Sep 2010 | Funding round | ₹292.74 Cr | Investors: Saltlake Vyapar Limited, Rythem Enterprises Private Limited , Blackberry Tradelinks Private Limited |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Tanuj Holdings Pvt Ltd , Gravity Financial Services Pvt Ltd , 2 individuals |
| Jul 2008 | Funding round | ₹23.73 Cr | Investors: Gurupath Merchandise Ltd , Thunder Traders Ltd , Jatalia Finance Company Limited, an individual |
To see the full deal history of Indian Technomac Company 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
Indian Technomac Company Limited has 314 court cases on record: 136 filed by Indian Technomac Company, 178 filed against it. 35 cases are pending and 279 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 164 | 129 | 17 |
| High courts | 149 | 49 | 18 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 314)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Court case (OMP) | Filed by the company against Light Lift India Private Limited(Not Applicable) | Disposed |
| District court, Central, Delhi | Court case (CBI) | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Revision petition | Filed against the company by DBS Bank Limited | Pending |
| High Court, HIMACHAL PRADESH | Court case (COAPP) | Filed against the company by an individual | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against The All Indian Bank Employee | Pending |
To see the full case history of Indian Technomac Company 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 Indian Technomac Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Technomac Company has 7 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 Indian Technomac Company Limited, buy the company report.
Recent activity
Indian Technomac Company Limited has 22 board changes on record since 2008: 4 appointments and 18 cessations. The latest: Sandeep Singh ceased to be Company Secretary on 29 Oct 2013.
100 earlier events are in the company report.
Frequently asked questions
Indian Technomac Company 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.
Indian Technomac Company is a company under liquidation, formerly operating as a public limited company based in Himachal Pradesh, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 September 1987 and is registered under CIN U29214HP1987PLC007699. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Indian Technomac Company has 4 current directors:
- Rakesh Kumar Sharma - Managing Director
- Vinay Sharma - Director
- Ranganathan Srinivasan - Director
- Aswini Kumar Sahoo - Director
The latest financial statements of Indian Technomac Company on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indian Technomac Company is U29214HP1987PLC007699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Technomac Company has open charges of ₹4,105.19 Cr and satisfied charges of ₹564.25 Cr as per latest MCA filings.
Indian Technomac Company has 314 court cases on record: 136 filed by the company and 178 filed against it. 35 are pending. Most are in the district courts.
Indian Technomac Company was incorporated on 29 September 1987. It is registered with the Registrar of Companies, Himachal Pradesh.
Indian Technomac Company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹435.84 Cr; the latest was in March 2013.
Sandeep Singh ceased to be Company Secretary on 29 Oct 2013. Gautam Seth ceased to be Company Secretary on 27 Jun 2013. Chandra Deo Sah ceased to be Company Secretary on 05 Dec 2012. Indian Technomac Company has 22 board changes on record in total.
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