About Shilpi Cable Technologies Limited
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Shilpi Cable Technologies Limited is a public limited company based in New Delhi, Delhi, 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 cable and wire segment of the manufacturing sector. It was incorporated on 09 July 2006.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L64201DL2006PLC150753. Its GSTIN is 07AADCR3380E1ZJ (Delhi). The company holds 4 GST registrations, of which 2 are active. It is recorded as listed by MCA, but its shares were delisted from NSE on 02 Mar 2020 · winding up and from BSE on 19 Oct 2020 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹110.63 Cr. It was formerly known as Rosenberger Shilpi Cable Technologies Limited. It is led by directors including Manish Goel (Managing Director) and Mukesh Kumar Gupta.
Its last annual general meeting (AGM) was held on 30 November 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A – 19 / B – 1 Extension Mohan Co Operative Ind Est P.O. Badarpur Mathura Road, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2017, the company reported a revenue of ₹2,018.76 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹834.34 Cr (net margin -41.3%) and EBITDA of -₹713.03 Cr (EBITDA margin -35.3%).
The company has about 75 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shilpi Cable. As per MCA filings, the company has open charges of ₹1,452.69 Cr and satisfied charges of ₹1,050.35 Cr on record. Court records list 128 cases involving the company, including 63 filed by the company and 65 filed against it; 46 cases are pending. The company has 8 deals on record (7 market trades, 1 ipo); the latest was in December 2017. Its 3 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is R R Kabel Limited with revenue of ₹7,669.35 Cr.
The last known website on record is shilpicables.com.
Company details
CIN history
Shilpi Cable Technologies has one previous CIN (Corporate Identification Number): U64201DL2006PLC150753. The current CIN is L64201DL2006PLC150753, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64201DL2006PLC150753 | Current |
| U64201DL2006PLC150753 | Previous |
Contact details
Shilpi Cable Technologies Limited's registered office is in New Delhi, Delhi. Its website is shilpicables.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA – 19 / B – 1 Extension Mohan Co Operative Ind Est P.O. Badarpur Mathura Road, New Delhi, Delhi, India – 110044
- IndustryManufacturing, Cable & Wire
To see the full contact details of Shilpi Cable Technologies 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
Brands
Shilpi Cable Technologies operates one associated brand: Shilpi Cable. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cables are manufactured for telecom, automotive, and energy sectors. | shilpicables.com |
Business activity
The main business activity of Shilpi Cable Technologies is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Shilpi Cable Technologies Limited, buy the company report.
Financials of Shilpi Cable Technologies Limited
FY 2017 filings availableShilpi Cable Technologies Limited reported revenue of ₹2,018.76 Cr (down 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA fell 328% in the latest 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 | ₹2,018.76 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹713.03 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹834.34 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 | -35.3% | ||
| Net Profit Margin | -41.3% | ||
| 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 Shilpi Cable Technologies Limited, buy the company report.
Board of directors and KMP of Shilpi Cable Technologies Limited
Shilpi Cable Technologies Limited currently reports 4 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Gupta | Director | 08 Nov 2006 | 19 Years 11 Months | As last reported |
| Sandeep Gupta | Director | 01 Oct 2008 | 18 Years 0 Months | As last reported |
| Manish Goel | Managing Director | 01 Mar 2007 | 19 Years 7 Months | As last reported |
| Nalini Malhotra | Director | 30 Jun 2017 | 9 Years 3 Months | As last reported |
| Shailendra Kumar Also directs: Ivaanshield Corporate Services LLP | Cfo | 29 May 2017 | 9 Years 4 Months | As last reported |
Peer comparison
Shilpi Cable Technologies Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R R Kabel Limited | ₹7,669.35 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Bansal Wire Industries Limited | ₹3,516.61 Cr (FY 2025) | 42.0% | Delhi, India | |||
| Usha Martin Limited | ₹3,513.55 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Shilpi Cable Technologies Limitedthis company | ₹2,018.76 Cr (FY 2017) | -₹834.34 Cr | -41.3% | -2.0% | 75 | New Delhi, Delhi, India |
To see the full peer comparison of Shilpi Cable Technologies Limited, buy the company report.
Auditor
Shilpi Cable Technologies Limited is audited by R M A & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M A & ASSOCIATES LLP | FY 2017 | 000978N |
Shareholding
The shareholding of Shilpi Cable Technologies Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shilpi Cable Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2017 | 100097698 | Others | ₹3.5 Cr | Open | |
| 22 Mar 2017 | 100091318 | Bank of India | ₹30 Cr | Open | |
| 02 Jan 2017 | 100072760 | Bank of India | ₹10 Cr | Open | |
| 31 Dec 2016 | 100072901 | Syndicate Bank | ₹10 Cr | Open | |
| 20 Oct 2016 | 100056361 | Idbi Bank Limited | ₹40 Cr | Open |
To see the full charge records of Shilpi Cable Technologies Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Shilpi Cable Technologies Limited has 8 deals on record (7 market trades, 1 ipo); the latest was in December 2017.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Market trade | ₹2.14 Cr | Buyer: Ubs Principal Capital Asia Limited Seller: Swiss Finance Corporation |
| May 2017 | Market trade | ₹5.78 Cr | Buyer: Vora Financial Services Private Limited Seller: Vora Financial Services Private Limited |
| Apr 2011 | Market trade | ₹1.22 Cr | Buyer: Crosseas Capital Markets Private Limited Seller: Crosseas Capital Markets Private Limited |
| Apr 2011 | Market trade | ₹6.36 Cr | Buyer: Crosseas Capital Markets Private Limited , A.K.G. Securities and Consultancy Limited , Akg Stock Brokers Private Limited Seller: Crosseas Capital Markets Private Limited , A.K.G. Securities and Consultancy Limited , Akg Stock Brokers Private Limited |
| Apr 2011 | Market trade | ₹117.09 Cr | Buyer: Crosseas Capital Markets Private Limited , A.K.G. Securities and Consultancy Limited , Akg Stock Brokers Private Limited Seller: Crosseas Capital Markets Private Limited , A.K.G. Securities and Consultancy Limited , Akg Stock Brokers Private Limited |
To see the full deal history of Shilpi Cable Technologies 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
Shilpi Cable Technologies Limited has 128 court cases on record: 63 filed by Shilpi Cable Technologies, 65 filed against it. 46 cases are pending and 82 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 105 | 46 | 45 |
| High courts | 16 | 13 | 0 |
| NCLAT | 4 | 3 | 1 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 128)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Siemens Financial Services Pvt Ltd Th Mr Vaibhav Priyadarshi | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Siemens Financial Services Pvt Ltd Th Mr Vaibhav Priyadarshi | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by BDR Builders and Developers Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Siemens Financial Services Pvt Ltd Th Mr Vaibhav Priyadarshi | Pending |
| Supreme Court | Court case | Filed against the company by Padma Polychem Pvt. Ltd. | Disposed |
To see the full case history of Shilpi Cable Technologies 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
Shilpi Cable Technologies Limited was last rated by Brickwork on 18 Mar 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 18 Mar 2019 |
To see the full credit ratings and regulatory alerts of Shilpi Cable Technologies Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shilpi Cable Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shilpi Cable Technologies Limited has a workforce of 75 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Shilpi Cable Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCR3380E1ZJ | Delhi | Active | 01 Jul 2017 |
| 23AADCR3380E1ZP | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shilpi Cable Technologies Limited, buy the company report.
Recent activity
Shilpi Cable Technologies Limited has 37 board changes on record since 2006: 21 appointments and 16 cessations. The latest: Manish Bhatt ceased to be Ceo(Kmp) on 31 Jul 2017.
125 earlier events are in the company report.
Frequently asked questions
Shilpi Cable Technologies 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.
Shilpi Cable Technologies is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 09 July 2006 and is registered under CIN L64201DL2006PLC150753. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shilpi Cable Technologies has 5 current directors and KMP:
- Manish Goel - Managing Director
- Mukesh Kumar Gupta - Director
- Sandeep Gupta - Director
- Nalini Malhotra - Director
- Shailendra Kumar - Cfo
The latest financial statements of Shilpi Cable Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 November 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shilpi Cable Technologies is L64201DL2006PLC150753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shilpi Cable Technologies is recorded as a listed company by MCA, but its shares were delisted from NSE on 02 Mar 2020 · winding up and from BSE on 19 Oct 2020 · compulsory delisting, and no longer trade on a stock exchange.
Shilpi Cable Technologies has open charges of ₹1,452.69 Cr and satisfied charges of ₹1,050.35 Cr as per latest MCA filings.
Shilpi Cable Technologies has 128 court cases on record: 63 filed by the company and 65 filed against it. 46 are pending. Most are in the district courts.
Shilpi Cable Technologies was incorporated on 09 July 2006. It is registered with the Registrar of Companies, Delhi.
Shilpi Cable Technologies has 8 deals on record (7 market trades, 1 ipo); the latest was in December 2017.
The peers of Shilpi Cable Technologies by revenue are R R Kabel Limited, Bansal Wire Industries Limited, Usha Martin Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).