Metro Concrete Private Limited
About Metro Concrete Private Limited
Data last updated:
Metro Concrete Private Limited is a private limited company based in New Delhi, Delhi, 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 cement and cement products segment of the manufacturing sector. It was incorporated on 31 July 2008.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2008PTC181610. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹78.59 Lakh. It is led by directors Rajiv and Shyam Sehgal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 322 3rd Floor Westend Mall Distt Centre Janakpuri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2016, the company reported a revenue of ₹16.82 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.45 Lakh (net margin 0.4%) and EBITDA of ₹1.41 Cr (EBITDA margin 8.4%).
As per MCA filings, the company has open charges of ₹6.34 Cr and satisfied charges of ₹3.47 Cr on record. Court records list 77 cases involving the company, including 77 filed against it; 35 cases are pending.
Company details
Contact details
Metro Concrete Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address322 3rd Floor Westend Mall Distt Centre Janakpuri, New Delhi, Delhi, India – 110058
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Metro Concrete 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 Metro Concrete is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Metro Concrete Private Limited, buy the company report.
Financials of Metro Concrete Private Limited
FY 2017 filings availableMetro Concrete Private Limited reported revenue of ₹16.82 Cr (down 6% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. EBITDA fell 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹16.82 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.41 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6.45 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.4% | |
| Net Profit Margin | 0.4% | |
| 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 Metro Concrete Private Limited, buy the company report.
Board of directors of Metro Concrete Private Limited
Metro Concrete has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv | Director | 03 Oct 2018 | 8 Years 0 Months | As last reported |
| Shyam Sehgal | Director | 03 Oct 2018 | 8 Years 0 Months | As last reported |
Shareholding
The shareholding of Metro Concrete Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Metro Concrete Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2014 | 10476504 | Srei Equipment Finance Limited | ₹1.65 Cr | Open | |
| 30 Dec 2013 | 10478009 | Dewan Housing Finance Corporation Limited | ₹2.77 Cr | Open | |
| 15 Jul 2012 | 10365756 | Srei Equipment Finance Private Limited | ₹42.21 Lakh | Open | |
| 15 Apr 2012 | 10352345 | Srei Equipment Finance Private Limited | ₹1.14 Cr | Open | |
| 05 Dec 2011 | 10320637 | Srei Equipment Finance Private Limited | ₹35 Lakh | Open |
To see the full charge records of Metro Concrete Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Metro Concrete Private Limited has 77 court cases on record: 77 filed against it. 35 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 76 | 76 | 35 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Sadie Developers Pvt Ltd | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Jatadhari Builders Pvt Ltd | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Julania Finance Pvt Ltd | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Best Propmart Pvt Ltd | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Natwest Builders Pvt Ltd | Disposed |
To see the full case history of Metro Concrete 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 Metro Concrete Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Metro Concrete Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Metro Concrete has 2 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 Metro Concrete Private Limited, buy the company report.
Recent activity
Metro Concrete Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Amit Agarwal ceased to be Director on 04 Oct 2018.
17 earlier events are in the company report.
Frequently asked questions
Metro Concrete 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.
Metro Concrete is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 31 July 2008 and is registered under CIN U74900DL2008PTC181610. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Metro Concrete has 2 current directors:
- Rajiv - Director
- Shyam Sehgal - Director
The latest financial statements of Metro Concrete on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Metro Concrete is U74900DL2008PTC181610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metro Concrete has open charges of ₹6.34 Cr and satisfied charges of ₹3.47 Cr as per latest MCA filings.
Metro Concrete has 77 court cases on record: 77 filed against it. 35 are pending. Most are in the district courts.
Metro Concrete was incorporated on 31 July 2008. It is registered with the Registrar of Companies, Delhi.
Amit Agarwal ceased to be Director on 04 Oct 2018. Arvind Kumar Aggarwal ceased to be Director on 04 Oct 2018. Rajiv was appointed as Director on 03 Oct 2018. Metro Concrete has 10 board changes on record in total.
The registered office of Metro Concrete is at 322 3rd Floor Westend Mall Distt Centre Janakpuri, New Delhi, Delhi, India – 110058.