About Parekh Aluminex Limited
Data last updated:
Parekh Aluminex 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 packaging films and foils segment of the packaging sector. It was incorporated on 01 September 1994.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L27203MH1994PLC080732. Its GSTIN is 26AAACP4696C2ZE (Dadra and Nagar Haveli and Daman and Diu). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 08 Aug 2018 · compulsory delisting and from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹12.94 Cr. It was formerly known as Parekh Aluminex Private Limited. It is led by director Diwakara Rao Akkala.
Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at 601 Auto Commerce Centrekennedy Bridge Nana Chowk Grant Road, Mumbai, Maharashtra, India – 400036.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Parekh Aluminex. As per MCA filings, the company has open charges of ₹2,857.61 Cr and satisfied charges of ₹259.4 Cr on record. Court records list 243 cases involving the company, including 48 filed by the company and 195 filed against it; 48 cases are pending. The company has 128 deals on record (116 market trades, 7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹157.59 Cr; the latest was in March 2013.
The last known website on record is paltd.co.in.
Company details
CIN history
Parekh Aluminex has one previous CIN (Corporate Identification Number): L27203MH1994PTC080732. The current CIN is L27203MH1994PLC080732, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27203MH1994PLC080732 | Current |
| L27203MH1994PTC080732 | Previous |
Contact details
Parekh Aluminex Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address601 Auto Commerce Centrekennedy Bridge Nana Chowk Grant Road, Mumbai, Maharashtra, India – 400036
- IndustryPackaging, Packaging Films & Foils
- 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
Parekh Aluminex operates one associated brand: Parekh Aluminex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of aluminium foil containers for food industries | parekhaluminex.com |
Financials of Parekh Aluminex Limited
FY 2012 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Parekh Aluminex Limited, buy the company report.
Board of directors of Parekh Aluminex Limited
Parekh Aluminex has 1 current director and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diwakara Rao Akkala | Nominee Director | 11 Feb 2014 | 12 Years 8 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2012 | 10395285 | State Bank of Travancore | ₹100 Cr | Open | |
| 06 Sep 2012 | 10374356 | Uco Bank | ₹50 Cr | Open | |
| 04 Sep 2012 | 10378042 | Indian Overseas Bank | ₹38.5 Cr | Open | |
| 15 Jun 2012 | 10363799 | Indian Overseas Bank | ₹24.4 Cr | Open | |
| 28 May 2012 | 10363104 | Punjab National Bank | ₹45 Cr | Open |
To see the full charge records of Parekh Aluminex Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
Parekh Aluminex Limited has 128 deals on record (116 market trades, 7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹157.59 Cr; the latest was in March 2013.
Deals on record (5 of 128)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Market trade | ₹98 Lakh | Buyer: Trinity Infratech Private Limited Seller: Yes Capital Venture Private Limited |
| Feb 2013 | Market trade | ₹8.49 Cr | Buyer: Mentor Capital Limited Seller: 2 individuals |
| Jan 2013 | Market trade | ₹6.89 Cr | Buyer: Trinity Infratech Private Limited Seller: 2 individuals |
| Jan 2013 | Market trade | ₹4.23 Cr | Buyer: Gajanan Enterprises Seller: Prabhudas Lilladher Financial Services Private Limited , Gajanan Enterprises |
| Jan 2013 | Market trade | ₹9.11 Cr | Buyer: KBS Properties Private Limited , Gajanan Enterprises, an individual Seller: Haren Textiles Private Limited , Gajanan Enterprises, Prabhudas Lilladher Financial Services Private Limited |
To see the full deal history of Parekh Aluminex 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
Parekh Aluminex Limited has 243 court cases on record: 48 filed by Parekh Aluminex, 195 filed against it. 48 cases are pending and 195 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 148 | 123 | 34 |
| High courts | 86 | 67 | 12 |
| Supreme Court | 5 | 1 | 0 |
| NCLT | 3 | 3 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 243)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Gorlas Infrastructure Private Limited and 3 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Adecco India Private Limited (Formerly Known As Adecco Flexione Workforce Solutions Pvt Ltd.) | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Adecco India Private Limited Through Roshan Ramapuram | Disposed |
| Supreme Court | Court case | Filed by the company against Ravina Exports Pvt. Ltd. Office at 302, Vaishno Chambers, 6, Brabourne Road, Kolkata , District: Kolkata ,Kolkata , West Bengal | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Sicom Limited and 3 Others and 2 others | Disposed |
To see the full case history of Parekh Aluminex 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
Parekh Aluminex Limited was last rated by Crisil on 27 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Apr 2020 |
To see the full credit ratings and regulatory alerts of Parekh Aluminex Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parekh Aluminex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parekh Aluminex has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACP4696C2ZE | Dadra and Nagar Haveli and Daman and Diu | Active | 28 Jun 2018 |
To see the full GST registrations and return filing status of Parekh Aluminex Limited, buy the company report.
Recent activity
Parekh Aluminex Limited has 31 board changes on record since 1994: 16 appointments and 15 cessations. The latest: Taher Hasanali Pothiwala ceased to be Additional Director on 25 Apr 2017.
79 earlier events are in the company report.
Frequently asked questions
Parekh Aluminex 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.
Parekh Aluminex is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 01 September 1994 and is registered under CIN L27203MH1994PLC080732. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Parekh Aluminex has 1 current director:
- Diwakara Rao Akkala - Nominee Director
The latest financial statements of Parekh Aluminex on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 29 September 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Parekh Aluminex is L27203MH1994PLC080732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parekh Aluminex is recorded as a listed company by MCA, but its shares were delisted from NSE on 08 Aug 2018 · compulsory delisting and from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
Parekh Aluminex has open charges of ₹2,857.61 Cr and satisfied charges of ₹259.4 Cr as per latest MCA filings.
Parekh Aluminex has 243 court cases on record: 48 filed by the company and 195 filed against it. 48 are pending. Most are in the district courts.
Parekh Aluminex was incorporated on 01 September 1994. It is registered with the Registrar of Companies, Mumbai.
Parekh Aluminex has 128 deals on record (116 market trades, 7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹157.59 Cr; the latest was in March 2013.