About Tirupati Inks Limited.
Data last updated:
Tirupati Inks 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 dyes and pigments segment of the chemicals and materials sector. It was incorporated on 10 April 1984.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L67120DL1984PLC017904. Its GSTIN is 09AAACS2222F1ZS (Uttar Pradesh). The company holds 5 GST registrations, of which 1 is active. It is a listed company.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹25.1 Cr. It was formerly known as Jyotirgamaya Promoters Limited and S P Leasing Limited. It is led by directors including Sanjiv Agarwal (Managing Director) and Rekha Varma.
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 1517 Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.64 Cr, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹148.2 Cr and EBITDA of -₹132.23 Cr.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tirupati Inks. As per MCA filings, the company has open charges of ₹561.4 Cr and satisfied charges of ₹108.3 Cr on record. Court records list 56 cases involving the company, including 46 filed by the company and 10 filed against it; 2 cases are pending.
The last known website on record is tirupatiinks.com.
Company details
Name history
Tirupati Inks Limited has undergone 2 name changes throughout its history. The company was previously known as Jyotirgamaya Promoters Limited, and S P Leasing Limited. The current legal name is Tirupati Inks Limited..
| Company Name | Status |
|---|---|
| Tirupati Inks Limited. | Current |
| Jyotirgamaya Promoters Limited | Previous |
| S P Leasing Limited | Previous |
Contact details
Tirupati Inks Limited.'s registered office is in New Delhi, Delhi. Its website is tirupatiinks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1517 Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Tirupati Inks 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
Tirupati Inks Limited operates one associated brand: Tirupati Inks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offering liquid print inks | tirupatiinks.com |
Business activity
The main business activity of Tirupati Inks Limited is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Tirupati Inks Limited., buy the company report.
Financials of Tirupati Inks Limited.
FY 2017 filings availableTirupati Inks Limited. reported revenue of ₹3.64 Cr (down 96% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. EBITDA fell 186% 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 | ₹3.64 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹132.23 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹148.2 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 | |||
| 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 Tirupati Inks Limited., buy the company report.
Board of directors of Tirupati Inks Limited.
Tirupati Inks Limited has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Agarwal | Managing Director | 29 Sep 2009 | 17 Years 0 Months | As last reported |
| Rekha Varma | Director | 10 Oct 2016 | 10 Years 0 Months | As last reported |
| Ramesh Chandra Verma | Director | 05 Jun 2017 | 9 Years 4 Months | As last reported |
Auditor
Tirupati Inks Limited. is audited by SHASHI DINESH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHASHI DINESH & CO | FY 2017 | 004975C |
Shareholding
The shareholding of Tirupati Inks 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 Tirupati Inks Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2015 | 10586942 | Punjab National Bank | ₹143.09 Cr | Open | |
| 31 Mar 2015 | 10565160 | Syndicate Bank | ₹9.96 Cr | Open | |
| 31 Mar 2015 | 10567168 | Oriental Bank of Commerce | ₹35.17 Cr | Open | |
| 28 Mar 2015 | 10573052 | Idbi Bank Limited | ₹9.31 Cr | Open | |
| 28 Mar 2015 | 10573051 | Idbi Bank Limited | ₹17.95 Cr | Open |
To see the full charge records of Tirupati Inks Limited., buy the company report.
Total charge records: 31 View all charges
Legal cases
Tirupati Inks Limited. has 56 court cases on record: 46 filed by Tirupati Inks Limited, 10 filed against it. 2 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 8 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against R.T.Packaging Ltd. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against M/S Skyway Ventures Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against M/S Progressive Trade Impex Pvt Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against M/S JMV LPS Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against M/S Skylight Merchants Pvt Ltd | Disposed |
To see the full case history of Tirupati Inks 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 Tirupati Inks Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tirupati Inks Limited has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACS2222F1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tirupati Inks Limited., buy the company report.
Recent activity
Tirupati Inks Limited. has 35 board changes on record since 1992: 19 appointments and 16 cessations. The latest: Satish Chand Singhal ceased to be Additional Director on 07 Jun 2017.
78 earlier events are in the company report.
Frequently asked questions
Tirupati Inks Limited 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.
Tirupati Inks Limited is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 10 April 1984 and is registered under CIN L67120DL1984PLC017904. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Tirupati Inks Limited has 3 current directors:
- Sanjiv Agarwal - Managing Director
- Rekha Varma - Director
- Ramesh Chandra Verma - Director
The latest financial statements of Tirupati Inks Limited 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 Tirupati Inks Limited is L67120DL1984PLC017904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Tirupati Inks Limited is a listed company.
Tirupati Inks Limited has open charges of ₹561.4 Cr and satisfied charges of ₹108.3 Cr as per latest MCA filings.
Tirupati Inks Limited has 56 court cases on record: 46 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Tirupati Inks Limited was incorporated on 10 April 1984. It is registered with the Registrar of Companies, Delhi.
Satish Chand Singhal ceased to be Additional Director on 07 Jun 2017. Ramesh Chandra Verma was appointed as Director on 05 Jun 2017. Deepa Verma ceased to be Additional Director on 17 Oct 2016. Tirupati Inks Limited has 35 board changes on record in total.