Positech Engineering Private Limited
About Positech Engineering Private Limited
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Positech Engineering Private Limited is a private limited company based in Haryana, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27100HR2014PTC051575. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Rashmi Ranjan Choudhury and Trupti Rani Chaudhary.
Its last annual general meeting (AGM) was held on 16 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No#528 Sector – 8 Imt Manesar Gurgaon Haryana, Haryana, India – 122050.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.5 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹3.67 Lakh (net margin -2.4%) and EBITDA of ₹8.16 Lakh (EBITDA margin 5.4%).
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Positech Engineering Private Limited's registered office is in Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No#528 Sector – 8 Imt Manesar Gurgaon Haryana, Haryana, India – 122050
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Positech Engineering 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 Positech Engineering 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 Positech Engineering Private Limited, buy the company report.
Financials of Positech Engineering Private Limited
FY 2016 filings availablePositech Engineering Private Limited reported revenue of ₹1.5 Cr (up 29% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.5 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹8.16 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.67 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.4% | |
| Net Profit Margin | -2.4% | |
| 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 Positech Engineering Private Limited, buy the company report.
Board of directors of Positech Engineering Private Limited
Positech Engineering has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Ranjan Choudhury | Director | 15 Jan 2014 | 12 Years 9 Months | Current |
| Trupti Rani Chaudhary Also directs: Utkrishta Engineering Technology Private Limited | Director | 15 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Positech Engineering Private Limited is audited by S D M & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D M & ASSOCIATES | FY 2016 | 024100N |
Shareholding
The shareholding of Positech Engineering Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Positech Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2015 | 10579135 | Lakshmi Vilas Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Positech Engineering Private Limited has 5 court cases on record: 2 filed by Positech Engineering, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Appeal | Filed by the company against M/S Shiv Shakti Steel and Metals | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by H.S Enterprises | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Positech Engineering 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 Positech Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Positech Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Positech Engineering Private Limited, buy the company report.
Recent activity
Positech Engineering Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Rashmi Ranjan Choudhury was appointed as Director on 15 Jan 2014.
Frequently asked questions
Positech Engineering is an active private limited company based in Haryana, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 January 2014 (12+ years old) and is registered under CIN U27100HR2014PTC051575.
Positech Engineering has 2 current directors:
- Rashmi Ranjan Choudhury - Director
- Trupti Rani Chaudhary - Director
The latest financial statements of Positech Engineering on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 16 September 2016. Year-wise statements from 2015 are in the company report.
No. Positech Engineering has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Positech Engineering is U27100HR2014PTC051575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Positech Engineering has 5 court cases on record: 2 filed by the company and 3 filed against it.
Positech Engineering was incorporated on 15 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Rashmi Ranjan Choudhury was appointed as Director on 15 Jan 2014. Trupti Rani Chaudhary was appointed as Director on 15 Jan 2014.
The registered office of Positech Engineering is at Plot No#528 Sector – 8 Imt Manesar Gurgaon Haryana, Haryana, India – 122050.
Positech Engineering operates in the metals and minerals industry, in the metal manufacturing and processing segment.
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