About Mekaster Engineering Limited
Data last updated:
Mekaster Engineering Limited is a public limited company based in Halol, Gujarat, 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 material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 November 1990.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ1990PLC014608. Its GSTIN is 02AAACS8785P1ZP (Himachal Pradesh). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.71 Cr. It was formerly known as Sebim Sarasin Valves India Private Limited and Mekaster Valves & Engineering Services Private Limited. It is led by directors including Virendar Mohan Trehan (Managing Director) and Hardesh Parmeshwardas Mehta (Whole-Time Director).
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 2507/08 GIDC Industrial Estate Halol Dist. Panchmahal, Gujarat, India – 389350.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹221.21 Cr and satisfied charges of ₹24.94 Cr on record. Court records list 78 cases involving the company, including 26 filed by the company and 53 filed against it; 7 cases are pending.
The last known website on record is mekasterengineering.in.
Company details
Name history
Mekaster Engineering has undergone 4 name changes throughout its history. The current legal name is Mekaster Engineering Limited.
| Company Name | Status |
|---|---|
| Mekaster Engineering Limited | Current |
| Sebim Sarasin Valves India Private Limited | Previous |
| Mekaster Valves & Engineering Services Private Limited | Previous |
| Mekaster Engineering Private Limited | Previous |
| Sebim Valves India Pvt Ltd | Previous |
CIN history
Mekaster Engineering has one previous CIN (Corporate Identification Number): U29120GJ1990PTC014608. The current CIN is U29120GJ1990PLC014608, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120GJ1990PLC014608 | Current |
| U29120GJ1990PTC014608 | Previous |
Contact details
Mekaster Engineering Limited's registered office is in Halol, Gujarat.
- Registered Address2507/08 GIDC Industrial Estate Halol Dist. Panchmahal, Gujarat, India – 389350
- IndustryMachinery and Equipment, Material Handling & Storage Equipment, Industrial Control Valves & Systems
- 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 Mekaster Engineering Limited
FY 2013 filings availableFinancial Statement Summary
| Metrics | FY 2012-13 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2012-13 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Mekaster Engineering Limited, buy the company report.
Board of directors of Mekaster Engineering Limited
Mekaster Engineering has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Vasudev Arcot | Director | 02 Feb 2007 | 19 Years 8 Months | As last reported |
| Virendar Mohan Trehan | Managing Director | 18 Jul 2005 | 21 Years 3 Months | As last reported |
| Hardesh Parmeshwardas Mehta Also directs: Mekaster International Private Limited, Mekaster Tools Limited | Whole-Time Director | 29 Dec 2008 | 17 Years 9 Months | As last reported |
| Vijay Chawla Also directs: Mekaster International Private Limited, Mekaster Tools Limited, Tube Expansion Equipments Private Limited and 2 more | Director | 15 Jan 2009 | 17 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2012 | 10342681 | Bank of Baroda | ₹2.75 Cr | Open | |
| 27 Jan 2012 | 10334558 | Indian Overseas Bank | ₹2.25 Cr | Open | |
| 31 Mar 2010 | 10219588 | Indian Overseas Bank | ₹80 Lakh | Open | |
| 13 Jun 2009 | 10164908 | Bank of Baroda | ₹1 Cr | Open | |
| 01 Jun 2009 | 10161101 | Bank of Baroda | ₹61.13 Cr | Open |
To see the full charge records of Mekaster Engineering Limited, buy the company report.
Total charge records: 29 View all charges
Legal cases
Mekaster Engineering Limited has 78 court cases on record: 26 filed by Mekaster Engineering, 53 filed against it. 7 cases are pending and 71 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 38 | 4 |
| High courts | 24 | 9 | 0 |
| NCLT | 9 | 5 | 2 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Commercial suit | Filed by the company against M/S Hindustan Petroleum Corporation Limited and 1 other | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against M/S Hindustan Petroleum Corporation Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Chandra Prakash Jain (Liquidator of Mekaster Engineering Ltd.) | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Mr. Virendra Mohan Trehan Suspended Board Member of Mekaster Engineering Limited and 3 others | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against M/S Hindustan Petroleum Corporation Ltd. and 14 others | Disposed |
To see the full case history of Mekaster Engineering 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 Mekaster Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mekaster Engineering has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACS8785P1ZP | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mekaster Engineering Limited, buy the company report.
Recent activity
Mekaster Engineering Limited has 13 board changes on record since 2005: 4 appointments and 9 cessations. The latest: Mahender Singh Sharma ceased to be Additional Director on 26 Feb 2015.
58 earlier events are in the company report.
Frequently asked questions
Mekaster Engineering 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.
Mekaster Engineering is a company under liquidation, formerly operating as a public limited company based in Halol, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 07 November 1990 and is registered under CIN U29120GJ1990PLC014608. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mekaster Engineering has 4 current directors:
- Virendar Mohan Trehan - Managing Director
- Hardesh Parmeshwardas Mehta - Whole-Time Director
- Krishnan Vasudev Arcot - Director
- Vijay Chawla - Director
The latest financial statements of Mekaster Engineering 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 Mekaster Engineering is U29120GJ1990PLC014608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mekaster Engineering has open charges of ₹221.21 Cr and satisfied charges of ₹24.94 Cr as per latest MCA filings.
Mekaster Engineering has 78 court cases on record: 26 filed by the company and 53 filed against it. 7 are pending. Most are in the district courts.
Mekaster Engineering was incorporated on 07 November 1990. It is registered with the Registrar of Companies, Ahmedabad.
Mahender Singh Sharma ceased to be Additional Director on 26 Feb 2015. Purnangini Trehan ceased to be Director on 22 Feb 2014. Bal Kishan Singhal ceased to be Whole-Time Director on 20 Oct 2010. Mekaster Engineering has 13 board changes on record in total.
Mekaster Engineering can be reached through the website mekasterengineering.in. Its registered office is in Halol, Gujarat, India.