About Pantel Technologies Private Limited
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Pantel Technologies Private Limited is a private 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 electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 23 August 2010.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2010PTC207463. Its GSTIN is 33AAFCP6156J1Z9 (Tamil Nadu). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Suman Chakraborty and Tarun Kemani.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 602/96 6th Floor Siddharth Building Nehru Place Near Central Bank, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2018, the company reported a revenue of ₹16.23 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹6.42 Cr (net margin -39.5%) and EBITDA of -₹2.9 Cr (EBITDA margin -17.9%).
As per MCA filings, the company has open charges of ₹9.1 Cr and satisfied charges of ₹28.4 Cr on record. Court records list 52 cases involving the company, including 2 filed by the company and 50 filed against it; 16 cases are pending.
The last known website on record is pantel.in.
Company details
Contact details
Pantel Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is pantel.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address602/96 6th Floor Siddharth Building Nehru Place Near Central Bank, New Delhi, Delhi, India – 110019
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Pantel Technologies 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 Pantel Technologies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Pantel Technologies Private Limited, buy the company report.
Financials of Pantel Technologies Private Limited
FY 2018 filings availablePantel Technologies Private Limited reported revenue of ₹16.23 Cr (down 63% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year. EBITDA fell 171% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹16.23 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.9 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.42 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17.9% | |||
| Net Profit Margin | -39.5% | |||
| 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 Pantel Technologies Private Limited, buy the company report.
Board of directors of Pantel Technologies Private Limited
Pantel Technologies has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Chakraborty | Additional Director | 09 Aug 2019 | 7 Years 2 Months | As last reported |
| Tarun Kemani | Additional Director | 02 Jun 2020 | 6 Years 4 Months | As last reported |
Auditor
Pantel Technologies Private Limited is audited by SHARMA RAJEEV & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA RAJEEV & CO | FY 2018 | 002450C |
Shareholding
The shareholding of Pantel Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pantel Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2018 | 100242058 | Others | ₹70 Lakh | Open | |
| 18 Feb 2015 | 10601582 | Others | ₹8.4 Cr | Open | |
| 01 Mar 2016 | 100023113 | Others | ₹6.91 Lakh | Satisfied | |
| 01 Mar 2016 | 100023121 | Others | ₹6.91 Lakh | Satisfied | |
| 29 Feb 2016 | 100023114 | Others | ₹8.8 Lakh | Satisfied |
To see the full charge records of Pantel Technologies Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Pantel Technologies Private Limited has 52 court cases on record: 2 filed by Pantel Technologies, 50 filed against it. 16 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 35 | 15 |
| NCLAT | 7 | 7 | 0 |
| High courts | 6 | 6 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Sciknow Techno Solutions Limited Through Its Authorized Representative Mr. Alapati Phanindra Kumar Office at 3 Rd Commercial Sector 29, Naya Raipur, Raipur ,Raigarh , Chhattisgarh | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Sciknow Techno Solutions Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S Daimler Financial Services India Pvt. Ltd, Rep by Its Legal Executive K. Ramakrishna | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Ovt India Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Ms Tata Teleservices Ltd | Disposed |
To see the full case history of Pantel Technologies 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 Pantel Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pantel Technologies has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
Pantel Technologies has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCP6156J1Z9 | Tamil Nadu | Active | 24 Aug 2018 |
To see the full GST registrations and return filing status of Pantel Technologies Private Limited, buy the company report.
Recent activity
Pantel Technologies Private Limited has 16 board changes on record since 2010: 2 appointments and 14 cessations. The latest: Amiy Tiwari ceased to be Additional Director on 30 Jun 2020.
29 earlier events are in the company report.
Frequently asked questions
Pantel 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.
Pantel Technologies is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 23 August 2010 and is registered under CIN U72300DL2010PTC207463. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pantel Technologies has 2 current directors:
- Suman Chakraborty - Additional Director
- Tarun Kemani - Additional Director
The latest financial statements of Pantel Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pantel Technologies is U72300DL2010PTC207463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pantel Technologies has open charges of ₹9.1 Cr and satisfied charges of ₹28.4 Cr as per latest MCA filings.
Pantel Technologies has 52 court cases on record: 2 filed by the company and 50 filed against it. 16 are pending. Most are in the district courts.
Pantel Technologies was incorporated on 23 August 2010. It is registered with the Registrar of Companies, Delhi.
Amiy Tiwari ceased to be Additional Director on 30 Jun 2020. Tarun Kemani was appointed as Additional Director on 02 Jun 2020. Vivek Prakash ceased to be Additional Director on 19 Sep 2019. Pantel Technologies has 16 board changes on record in total.
Pantel Technologies can be reached through the website pantel.in. Its registered office is in New Delhi, Delhi, India.