Purvi Metals Private Limited
About Purvi Metals Private Limited
Data last updated:
Purvi Metals Private Limited is a private limited company based in Mumbai, 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 metals retail and distribution segment of the metals and mining sector. It was incorporated on 18 October 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2011PTC223185. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Brijeshpratap Rangbahadur Singh and Sanjay Raja Ram Singh.
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 Plot No 95/96/129 Jawahar Co Op Ind Estate Kamothe Panvel Dist Raigad, Mumbai, Maharashtra, India – 410219.
As per the financials filed for FY 2017, the company reported a revenue of ₹88.61 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹36.08 Lakh (net margin 0.4%) and EBITDA of ₹2.93 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 126% over three years.
As per MCA filings, the company has open charges of ₹23.75 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
Company details
Contact details
Purvi Metals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 95/96/129 Jawahar Co Op Ind Estate Kamothe Panvel Dist Raigad, Mumbai, Maharashtra, India – 410219
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Purvi Metals 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 Purvi Metals 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 Purvi Metals Private Limited, buy the company report.
Financials of Purvi Metals Private Limited
FY 2017 filings availablePurvi Metals Private Limited reported revenue of ₹88.61 Cr (up 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 126% over three years, including 7% growth in the latest year. EBITDA rose 44% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last 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 | |||
| Other Income | |||
| Total Revenue | ₹88.61 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.93 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹36.08 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.3% | ||
| 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 Purvi Metals Private Limited, buy the company report.
Board of directors of Purvi Metals Private Limited
Purvi Metals has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijeshpratap Rangbahadur Singh Also directs: Bombay Plastic Industries Limited, Liffey Realtors Private Limited, Sumeet Property Developers (India) Private Limited and 1 more | Director | 18 Oct 2011 | 15 Years 0 Months | As last reported |
| Sanjay Raja Ram Singh | Director | 13 Nov 2017 | 9 Years 0 Months | As last reported |
| Bharti Manoj Daga | Irp/Rp/Liquidator | 03 Apr 2024 | 2 Years 7 Months | As last reported |
| Rasik Majithiya Bhimji | Director | 13 Nov 2017 | 9 Years 0 Months | As last reported |
Peer comparison
Purvi Metals Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Moksh Alloy Private Limited | ₹89 Cr (FY 2018) | Navi Mumbai, Maharashtra, India | ||||
| Sant Steel and Alloys Private Limited | ₹88.62 Cr (FY 2021) | 36.0% | Ghaziabad, Uttar Pradesh, India | |||
| Purvi Metals Private Limitedthis company | ₹88.61 Cr (FY 2017) | ₹36.08 Lakh | 0.4% | 7.0% | Mumbai, Maharashtra, India | |
| Mrignayani Electrical Pvt.Ltd. | ₹88.26 Cr (FY 2025) | 72.0% | Jaipur, Rajasthan, India | |||
| Narmadesh Brass Industries Limited | ₹88.05 Cr (FY 2025) | 119.0% | Jamnagar, Gujarat, India |
To see the full peer comparison of Purvi Metals Private Limited, buy the company report.
Auditor
Purvi Metals Private Limited is audited by JAVID PATEL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAVID PATEL & CO | FY 2017 | 138652W |
Shareholding
The shareholding of Purvi Metals Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Purvi Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2016 | 100073902 | Others | ₹3.75 Cr | Open | |
| 31 Oct 2014 | 10549569 | Others | ₹20 Cr | Open |
To see the full charge records of Purvi Metals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Purvi Metals Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ms Dura Homes Builders and Developers Pvt Ltd Through Abulaas Mohd Kaleem Siddique | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Dura Homes Builders Developers Pvt Ltd Through Its Authorised Person Abulaas Mohd Kaleem Siddique | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Standard Chartered Bank Th. Mohini S Jadhav | Pending |
| Bombay High Court | Writ petition | Filed against the company by Durahomes Builders and Developers Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Standard Chartered Bank Th. Mohini S Jadhav | Disposed |
To see the full case history of Purvi Metals 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 Purvi Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Purvi Metals 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 Purvi Metals Private Limited, buy the company report.
Recent activity
Purvi Metals Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Bharti Manoj Daga was appointed as Irp/Rp/Liquidator on 03 Apr 2024.
Frequently asked questions
Purvi Metals 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.
Purvi Metals is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 18 October 2011 and is registered under CIN U51109MH2011PTC223185. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Purvi Metals has 4 current directors:
- Brijeshpratap Rangbahadur Singh - Director
- Sanjay Raja Ram Singh - Director
- Rasik Majithiya Bhimji - Director
- Bharti Manoj Daga - Irp/Rp/Liquidator
The latest financial statements of Purvi Metals 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 Purvi Metals is U51109MH2011PTC223185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Purvi Metals has open charges of ₹23.75 Cr and no satisfied charges on record as per latest MCA filings.
Purvi Metals has 5 court cases on record: 5 filed against it. 3 are pending. Most are in the district courts.
Purvi Metals was incorporated on 18 October 2011. It is registered with the Registrar of Companies, Mumbai.
The peers of Purvi Metals by revenue are Moksh Alloy Private Limited, Sant Steel and Alloys Private Limited, Mrignayani Electrical Pvt.Ltd, Narmadesh Brass Industries Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Metals), with the same principal business activity (metal and metal products).
Bharti Manoj Daga was appointed as Irp/Rp/Liquidator on 03 Apr 2024. Rangbahadur Sahjeet Singh ceased to be Director on 16 May 2018. Rasik Majithiya Bhimji was appointed as Director on 13 Nov 2017. Purvi Metals has 5 board changes on record in total.
The registered office of Purvi Metals is at Plot No 9596129 Jawahar Co Op Ind Estate Kamothe Panvel Dist Raigad, Mumbai, Maharashtra, India – 410219.
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.
