About Ruby Cables Limited
Data last updated:
Ruby Cables Limited was a public limited company based in Vadodara, Gujarat, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the cable and wire segment of the manufacturing sector. It was incorporated on 24 December 1996.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31109GJ1996PLC031359. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.25 Cr. It was formerly known as Ekank Cables Limited. It was led by directors including Chirag Nemchand Gada (Managing Director) and Ashok Kumar Krishan Singh Gautam.
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 was at 15 – G.I.D.C. Manjusar Ta: Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2016, the company reported a revenue of ₹106.38 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.45 Cr (net margin -2.3%) and EBITDA of ₹2.01 Cr (EBITDA margin 1.9%).
The company had about 39 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Rubycables.com. As per MCA filings, the company had open charges of ₹58.78 Cr and satisfied charges of ₹14.15 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending. The company has 6 deals on record (5 market trades, 1 ipo); the latest was in August 2017.
The last known website on record is rubycables.com.
Company details
Contact details
Ruby Cables Limited's registered office is in Vadodara, Gujarat. Its website is rubycables.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address15 – G.I.D.C. Manjusar Ta: Savli, Vadodara, Gujarat, India – 391775
- IndustryManufacturing, Cable & Wire
To see the full contact details of Ruby Cables 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
Brands
Ruby Cables operates one associated brand: Rubycables.com. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gambling services are provided via the Rubycables.com platform. | rubycables.com |
Business activity
The main business activity of Ruby Cables is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ruby Cables Limited, buy the company report.
Financials of Ruby Cables Limited
FY 2016 filings availableRuby Cables Limited reported revenue of ₹106.38 Cr (up 20% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year. EBITDA fell 63% 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 | ||
| Other Income | ||
| Total Revenue | ₹106.38 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.01 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.45 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 | 1.9% | |
| Net Profit Margin | -2.3% | |
| 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 Ruby Cables Limited, buy the company report.
Board of directors of Ruby Cables Limited
Ruby Cables has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Nemchand Gada | Managing Director | 31 Jul 2010 | 16 Years 3 Months | As last reported |
| Ashok Kumar Krishan Singh Gautam | Director | 23 Oct 2015 | 11 Years 0 Months | As last reported |
| Ashok Kumar Singh | Director | 23 Oct 2015 | 11 Years 0 Months | As last reported |
| Nivedita Muljibhai Pandya Also directs: Diamond Infosystems Limited, Apex Electricals Limited | Director | 31 Jul 2010 | 16 Years 3 Months | As last reported |
Auditor
Ruby Cables Limited is audited by RAJESH NAGDA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH NAGDA & ASSOCIATES | FY 2016 | 124090W |
Shareholding
The shareholding of Ruby Cables 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 Ruby Cables Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2013 | 10406936 | Bank of Baroda | ₹29.39 Cr | Open | |
| 09 Jan 2013 | 10401601 | Bank of Baroda | ₹29.39 Cr | Open | |
| 08 Jul 2011 | 10295363 | Allahabad Bank | ₹5 Cr | Satisfied | |
| 20 Jun 2011 | 10295763 | Allahabad Bank | ₹5 Cr | Satisfied | |
| 08 Apr 2006 | 10002954 | State Bank of Saurashtra | ₹4.15 Cr | Satisfied |
To see the full charge records of Ruby Cables Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ruby Cables Limited has 6 deals on record (5 market trades, 1 ipo); the latest was in August 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Market trade | ₹18.8 Lakh | Seller: Jhaveri Trading and Investment Private Limited |
| Apr 2016 | Market trade | ₹66 Lakh | Seller: Hemil Subhashbhai Shah Huf, 2 individuals |
| Apr 2016 | Market trade | ₹45.3 Lakh | Buyer: 2 individuals |
| Apr 2016 | Market trade | ₹1.85 Cr | Buyer: Darshanik Valueserve Private Limited , 3 individuals Seller: 2 individuals |
| Apr 2016 | Market trade | ₹45.8 Lakh | Buyer: Rikhav Securities Limited |
To see the full deal history of Ruby Cables 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
Ruby Cables Limited has 8 court cases on record: 4 filed by Ruby Cables, 4 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 2 |
| High courts | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Paschim Gujarat Vij Company Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PMLA) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (SPCS COMP) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PMLA) | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Ruby Cables 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
Ruby Cables Limited was last rated by Crisil on 30 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jul 2020 |
To see the full credit ratings and regulatory alerts of Ruby Cables Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ruby Cables Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ruby Cables Limited has a workforce of 39 employees on its EPFO records as of Jan 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2016-17 | 39 |
GST
Ruby Cables has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ruby Cables Limited, buy the company report.
Recent activity
Ruby Cables Limited has 17 board changes on record since 2008: 4 appointments and 13 cessations. The latest: Nivedita Muljibhai Pandya ceased to be Director on 09 May 2018.
19 earlier events are in the company report.
Frequently asked questions
Ruby Cables has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Ruby Cables was a public limited company based in Vadodara, Gujarat, India. The company worked in cable and wire, within the manufacturing industry. It was incorporated on 24 December 1996 and is registered under CIN U31109GJ1996PLC031359. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Ruby Cables was incorporated on 24 December 1996. It is registered with the Registrar of Companies, Ahmedabad.
Ruby Cables had 4 directors:
- Chirag Nemchand Gada - Managing Director
- Ashok Kumar Krishan Singh Gautam - Director
- Ashok Kumar Singh - Director
- Nivedita Muljibhai Pandya - Director
The CIN (Corporate Identification Number) of Ruby Cables is U31109GJ1996PLC031359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ruby Cables is at 15 – G.I.D.C. Manjusar Ta: Savli, Vadodara, Gujarat, India – 391775.
Ruby Cables can be reached through the website rubycables.com. Its registered office is in Vadodara, Gujarat, India.
The latest financial statements of Ruby Cables 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.
No. Ruby Cables has 2 GST registrations on record and all of them are cancelled or inactive.
Ruby Cables operated in the manufacturing industry, in the cable and wire segment.
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