Poona Tools Pvt Ltd - metals and minerals in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U29219MH1974PTC017559 Incorporated 19 June 1974 ROC Pune HQ Pune, Maharashtra, India
Under Liquidation Private Limited Company metals and minerals
Data last updated
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹207.18 Cr
Satisfied ₹131.71 Cr
Company age
52 yrs
Est. 1974
Directors on board
7
As per MCA filings
Last financials
Mar 2012
Balance sheet date
Last AGM
12 Nov 2012
Annual general meeting
Company status
Under Liquidation
MCA master data

About Poona Tools Pvt Ltd

Data last updated:

Poona Tools Pvt Ltd is a private limited company based in Pune, 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 metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 June 1974.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29219MH1974PTC017559.

The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Jitesh Ganage and Ramchandran Bhaskar.

Its last annual general meeting (AGM) was held on 12 November 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at Third Floor Symphony A Building Range Hills Corner Bhosale Nagar, Pune, Maharashtra, India – 411020.

As per MCA filings, the company has open charges of ₹207.18 Cr and satisfied charges of ₹131.71 Cr on record. Court records list 41 cases involving the company, including 10 filed by the company and 16 filed against it; 4 cases are pending.

Company Details of Poona Tools Pvt Ltd
CIN U29219MH1974PTC017559
Registration Number 017559
Incorporation Date 19 June 1974
ROC Pune
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 12 November 2012
Date of Balance Sheet 31 March 2012
Contact Details
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  • Telephone
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  • Website
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  • Social Media
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  • Registered Address
    Third Floor Symphony A Building Range Hills Corner Bhosale Nagar, Pune, Maharashtra, India – 411020
  • Industry
    Metals and Minerals, Metal Manufacturing & Processing
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Financials, compliance, directors, charges, ownership and filings for Poona Tools Pvt Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Poona Tools Pvt Ltd FY 2012 filings available

Financial Statement Summary of Poona Tools Pvt Ltd

MetricsFY 2011-12
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
Employee Benefit Expense••••
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Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA••••
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)••••
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 of Poona Tools Pvt Ltd

MetricsFY 2011-12
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••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Poona Tools are in the company report.

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Financial statements from 2015

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Board of Directors of Poona Tools Pvt Ltd

Poona Tools has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Jitesh GanageDirector18 Oct 201411 Years 11 MonthsAs last reported
Ramchandran BhaskarDirector26 Aug 201412 Years 1 MonthsAs last reported
Rohit Ramhari GanageDirector02 Jan 201412 Years 9 MonthsAs last reported
Rohan Ramhari GanageDirector02 Jan 201412 Years 9 MonthsAs last reported
Ramhari Deorao GanageDirector01 Apr 199630 Years 6 MonthsAs last reported
Shivaji Deorao GanageDirector28 Apr 199531 Years 5 MonthsAs last reported
Showing 6 of 7 current directors. View all directors

Charges & Borrowings of Poona Tools Pvt Ltd

Open charges
₹207.18 Cr
Satisfied charges
₹131.71 Cr
Breakdown by lending institutions
Phoenix Arc Private Limited₹140.60 Cr
Idbi Bank Limited₹23.00 Cr
Bank of India₹13.91 Cr
The Cosmos Co-Operative Bank Limited (Pavna Branch)₹12.65 Cr
State Bank of India Commercial Branch₹9.45 Cr
Others₹7.58 Cr
Latest charge details
DateLenderAmountStatus
06 May 2014State Bank of India Commercial Branch₹9.45 CrOpen
21 Sep 2012Phoenix Arc Private Limited₹20 CrOpen
31 Mar 2012Electronica Finance Limited₹3.48 CrOpen
25 Feb 2012Religare Finvest Limited₹4.1 CrOpen
22 Jul 2011Phoenix Arc Private Limited₹120.6 CrOpen

Total charge records: 17 View all charges

Employees and EPFO Compliance at Poona Tools Pvt Ltd

Employment history and EPFO contributions of people linked to Poona Tools.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Poona Tools Pvt Ltd

Poona Tools Pvt Ltd has 15 board changes on record since 1995: 7 appointments and 8 cessations. The latest: Jitesh Ganage ceased to be Additional Director on 28 Oct 2014.

Charges
A charge with Phoenix Arc Private Limited of Rs. 20.00 Cr registered on 21 Sep 2012 with Charge ID 10380171 was modified on 30 Mar 2015.
Charges
A charge with Phoenix Arc Private Limited of Rs. 120.60 Cr registered on 22 Jul 2011 with Charge ID 10300815 was modified on 30 Mar 2015.
Ceased
Jitesh Ganage ceased to be Additional Director.
Appointed
Jitesh Ganage was appointed as Director.
Ceased
Ramchandran Bhaskar ceased to be Additional Director.
Appointed
Ramchandran Bhaskar was appointed as Director.
Charges
A charge with State Bank Of India Commercial Branch of Rs. 9.45 Cr registered on 06 May 2014 with Charge ID 10494121 was modified on 29 May 2014.
Charges
A charge with State Bank Of India Commercial Branch amounted to Rs. 9.45 Cr with Charge ID 10494121 was registered on 06 May 2014.
Ceased
Rohan Ramhari Ganage ceased to be Additional Director.
Ceased
Rohit Ramhari Ganage ceased to be Additional Director.
Ceased
Pratibha Shivaji Ganagae ceased to be Director.
Appointed
Rohan Ramhari Ganage was appointed as Director.

37 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Poona Tools Pvt Ltd

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MSME Payment Delays by Poona Tools Pvt Ltd

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Subsidiaries & Group Companies of Poona Tools Pvt Ltd

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GST Compliance of Poona Tools Pvt Ltd

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MCA Filings & Documents of Poona Tools Pvt Ltd

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MCA filings and documents

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Frequently Asked Questions about Poona Tools Pvt Ltd

Poona Tools 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.

Poona Tools is a company under liquidation, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 June 1974 and is registered under CIN U29219MH1974PTC017559. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Poona Tools has 7 current directors:

The CIN (Corporate Identification Number) of Poona Tools is U29219MH1974PTC017559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Poona Tools has open charges of ₹207.18 Cr and satisfied charges of ₹131.71 Cr as per latest MCA filings.

Poona Tools has 41 court cases on record: 10 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.

Poona Tools was incorporated on 19 June 1974. It is registered with the Registrar of Companies, Pune.

Jitesh Ganage ceased to be Additional Director on 28 Oct 2014. Jitesh Ganage was appointed as Director on 18 Oct 2014. Ramchandran Bhaskar ceased to be Additional Director on 11 Oct 2014. Poona Tools has 15 board changes on record in total.

The registered office of Poona Tools is at Third Floor Symphony A Building Range Hills Corner Bhosale Nagar, Pune, Maharashtra, India – 411020.

Poona Tools has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.5 Cr.

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