About Rotomac Global Private Limited
Data last updated:
Rotomac Global Private Limited is a private limited company based in Kanpur, Uttar Pradesh, 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 jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 03 August 1992.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51396UP1992PTC014605. Its GSTIN is 09AABCR1441E2ZQ (Uttar Pradesh). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹25 Cr. It was formerly known as Rotomac Pens Private Limited and Rotomac Pens Limited. It is led by directors including Vikram Kothari (Managing Director) and Rahul Kothari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 201 City Centre63/2 The Mall Kanpur, Uttar Pradesh, India – 208004.
As per the financials filed for FY 2016, the company reported a revenue of ₹5,874.64 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹119.38 Cr (net margin -2%) and EBITDA of ₹22.22 Cr (EBITDA margin 0.4%).
The company has about 47 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹10,202 Cr and satisfied charges of ₹11,114 Cr on record. Court records list 125 cases involving the company, including 59 filed by the company and 66 filed against it; 32 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹23.45 Cr; the latest was in March 2016.
The last known website on record is rotomac.com.
Company details
Name history
Rotomac Global has undergone 2 name changes throughout its history. The company was previously known as Rotomac Pens Private Limited, and Rotomac Pens Limited. The current legal name is Rotomac Global Private Limited.
| Company Name | Status |
|---|---|
| Rotomac Global Private Limited | Current |
| Rotomac Pens Private Limited | Previous |
| Rotomac Pens Limited | Previous |
CIN history
Rotomac Global has one previous CIN (Corporate Identification Number): U51396UP1992PLC014605. The current CIN is U51396UP1992PTC014605, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51396UP1992PTC014605 | Current |
| U51396UP1992PLC014605 | Previous |
Contact details
Rotomac Global Private Limited's registered office is in Kanpur, Uttar Pradesh. Its website is rotomac.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address201 City Centre63/2 The Mall Kanpur, Uttar Pradesh, India – 208004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Rotomac Global 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 activities of Rotomac Global are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rotomac Global Private Limited, buy the company report.
Financials of Rotomac Global Private Limited
FY 2016 filings availableRotomac Global Private Limited reported revenue of ₹5,874.64 Cr (down 36% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year. EBITDA fell 87% 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 | ₹5,874.64 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹22.22 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹119.38 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.4% | |
| Net Profit Margin | -2% | |
| 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 Rotomac Global Private Limited, buy the company report.
Board of directors of Rotomac Global Private Limited
Rotomac Global has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Kothari | Managing Director | 03 Aug 1992 | 34 Years 2 Months | As last reported |
| Rahul Kothari | Whole-Time Director | 01 Dec 2004 | 21 Years 10 Months | As last reported |
| Sadhna Kothari Also directs: West Coast Extrusion Private Limited, Rotomac Polymers Private Limited, Aryashine Infrastructure Private Limited and 1 more | Director | 19 Jul 1999 | 27 Years 3 Months | As last reported |
Auditor
Rotomac Global Private Limited is audited by SUDHINDRA JAIN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHINDRA JAIN & CO | FY 2016 | 001614C |
Shareholding
The shareholding of Rotomac Global Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rotomac Global Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2015 | 10600557 | Bank of India (Lead Banker) | ₹2,129 Cr | Open | |
| 04 Dec 2014 | 10541120 | Oriental Bank of Commerce | ₹90 Lakh | Open | |
| 03 Apr 2014 | 10490773 | Corporation Bank | ₹50 Cr | Open | |
| 28 Mar 2014 | 10501569 | Allahabad Bank | ₹150 Cr | Open | |
| 06 Mar 2014 | 10484282 | Punjab National Bank | ₹1.24 Cr | Open |
To see the full charge records of Rotomac Global Private Limited, buy the company report.
Total charge records: 45 View all charges
Deals & funding
Rotomac Global Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹23.45 Cr; the latest was in March 2016.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹5 Cr | Investors: 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2012 | Funding round | ₹15.1 Cr | Investors: 3 individuals |
| Sep 2011 | Funding round | ₹3.35 Cr | Investors: 3 individuals |
To see the full deal history of Rotomac Global Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rotomac Global Private Limited has 125 court cases on record: 59 filed by Rotomac Global, 66 filed against it. 32 cases are pending and 93 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 76 | 42 | 27 |
| High courts | 36 | 18 | 3 |
| NCLT | 8 | 3 | 0 |
| Supreme Court | 4 | 3 | 1 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 125)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S.Crystal Millennium Merchandise Pvt Ltd Through Vinod V. Khanolkar | Pending |
| High Court | Court case (COPET) | Filed by the company against M/S.Pioneer Combines Pvt.Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Supreme Petrochem Ltd | Disposed |
| Bombay High Court | Court case (COMSS) | Filed against the company by Supreme Petrochem Ltd | Disposed |
| Bombay High Court | Court case (LPETN) | Filed against the company by Supreme Petrochem Ltd | Disposed |
To see the full case history of Rotomac Global 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.
Credit ratings & regulatory alerts
Rotomac Global Private Limited was last rated by Crisil on 11 Mar 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Mar 2015 |
To see the full credit ratings and regulatory alerts of Rotomac Global Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rotomac Global Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rotomac Global has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Crown Alba Writing Instruments India Private Limited | U36991UP2004PTC038128 | |
| Crown Alba Writing Instruments India Private Limited | U36991UP2004PTC038128 |
To see the full group structure of Rotomac Global Private Limited, buy the company report.
Employees & EPFO
Rotomac Global Private Limited has a workforce of 47 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
GST
Rotomac Global has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCR1441E2ZQ | Uttar Pradesh | Active | 14 Sep 2020 |
To see the full GST registrations and return filing status of Rotomac Global Private Limited, buy the company report.
Recent activity
Rotomac Global Private Limited has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Rahul Kothari ceased to be Director on 16 Aug 2014.
75 earlier events are in the company report.
News
Frequently asked questions
Rotomac Global 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.
Rotomac Global is a company under liquidation, formerly operating as a private limited company based in Kanpur, Uttar Pradesh, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 03 August 1992 and is registered under CIN U51396UP1992PTC014605. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rotomac Global has 3 current directors:
- Vikram Kothari - Managing Director
- Rahul Kothari - Whole-Time Director
- Sadhna Kothari - Director
The latest financial statements of Rotomac Global on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rotomac Global is U51396UP1992PTC014605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rotomac Global has open charges of ₹10,202 Cr and satisfied charges of ₹11,114 Cr as per latest MCA filings.
Rotomac Global has 125 court cases on record: 59 filed by the company and 66 filed against it. 32 are pending. Most are in the district courts.
Rotomac Global was incorporated on 03 August 1992. It is registered with the Registrar of Companies, Kanpur.
Rotomac Global has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹23.45 Cr; the latest was in March 2016.
Rahul Kothari ceased to be Director on 16 Aug 2014. Rahul Kothari was appointed as Whole-Time Director on 01 Dec 2004. Sadhna Kothari was appointed as Director on 19 Jul 1999. Rotomac Global has 4 board changes on record in total.