Presscom Products Private Limited
About Presscom Products Private Limited
Data last updated:
Presscom Products Private Limited is a private limited company based in Hosur, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 02 December 1998.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29199TZ1995PTC008665. Its GSTIN is 33AAACP5517C1ZY (Tamil Nadu).
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.66 Cr. It is led by directors Nateshan Sampath (Managing Director) and Vadivelu Nateshan.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Plot No 69 Bsipcot Industrial Complex Phase II, Hosur, Tamil Nadu, India – 635109.
As per the financials filed for FY 2015, the company reported a revenue of ₹59.77 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹21.44 Lakh (net margin 0.4%) and EBITDA of ₹3.82 Cr (EBITDA margin 6.4%).
As per MCA filings, the company has open charges of ₹25.35 Cr and satisfied charges of ₹1.75 Cr on record. Court records list 57 cases involving the company, including 12 filed by the company and 45 filed against it; 15 cases are pending. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹70.5 Lakh; the latest was in March 2015.
Company details
Contact details
Presscom Products Private Limited's registered office is in Hosur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 69 Bsipcot Industrial Complex Phase II, Hosur, Tamil Nadu, India – 635109
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Presscom Products 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
Financials of Presscom Products Private Limited
FY 2015 filings availablePresscom Products Private Limited reported revenue of ₹59.77 Cr (up 72% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 72% in the latest year. EBITDA rose 195% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹59.77 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹3.82 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹21.44 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 6.4% |
| Net Profit Margin | 0.4% |
| 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 Presscom Products Private Limited, buy the company report.
Board of directors of Presscom Products Private Limited
Presscom Products has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nateshan Sampath | Managing Director | 02 Dec 1998 | 27 Years 11 Months | As last reported |
| Vadivelu Nateshan | Director | 02 Dec 1998 | 27 Years 11 Months | As last reported |
Auditor
Presscom Products Private Limited is audited by R V K & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R V K & CO | FY 2015 | 015063S |
Shareholding
The shareholding of Presscom Products Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Presscom Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2015 | 10585602 | Intec Capital Limited | ₹1.58 Cr | Open | |
| 13 Dec 2013 | 10467763 | Intec Capital Limited | ₹1.21 Cr | Open | |
| 24 Sep 2013 | 10455380 | Others | ₹76.25 Lakh | Open | |
| 15 Feb 2008 | 10096684 | Others | ₹21.81 Cr | Open | |
| 06 Sep 2004 | 90001693 | State Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Presscom Products Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Presscom Products Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹70.5 Lakh; the latest was in March 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹1.22 Cr | Investors: an individual |
| Feb 2012 | Funding round | ₹10 Lakh | Investors: an individual |
| Dec 2009 | Funding round | ₹50 Lakh | Investors: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2008 | Funding round | ₹10.5 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Presscom Products Private Limited has 57 court cases on record: 12 filed by Presscom Products, 45 filed against it. 15 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 46 | 42 | 11 |
| High courts | 9 | 1 | 3 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Steel Hypermart India Private Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Steel Hypermart India Private Limited | Pending |
| High Court | Court case (CCC) | Filed against the company by Steel Hypermart India Private Limited | Disposed |
| High Court, PUNJAB | Revision petition | Filed by the company against Rattan Power Presses Pvt. Ltd. and Anr and 1 other | Disposed |
To see the full case history of Presscom Products 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 Presscom Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Presscom Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACP5517C1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Presscom Products Private Limited, buy the company report.
Recent activity
Presscom Products Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Nateshan Sampath was appointed as Managing Director on 02 Dec 1998.
7 earlier events are in the company report.
Frequently asked questions
Presscom Products is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Presscom Products is a company under insolvency, formerly operating as a private limited company based in Hosur, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 02 December 1998 and is registered under CIN U29199TZ1995PTC008665. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Presscom Products has 2 current directors:
- Nateshan Sampath - Managing Director
- Vadivelu Nateshan - Director
The latest financial statements of Presscom Products on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Presscom Products is U29199TZ1995PTC008665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Presscom Products has open charges of ₹25.35 Cr and satisfied charges of ₹1.75 Cr as per latest MCA filings.
Presscom Products has 57 court cases on record: 12 filed by the company and 45 filed against it. 15 are pending. Most are in the district courts.
Presscom Products was incorporated on 02 December 1998. It is registered with the Registrar of Companies, Coimbatore.
Presscom Products has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹70.5 Lakh; the latest was in March 2015.
Nateshan Sampath was appointed as Managing Director on 02 Dec 1998. Vadivelu Nateshan was appointed as Director on 02 Dec 1998.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
