Rustech Products Private Limited

Rustech Products Private Limited - textile in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U18101MH2000PTC125378 Incorporated 28 March 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Private Limited Company textile
Data last updated
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.02 Lakh
Issued & subscribed
Open charges
₹18.45 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Directors on board
2
As per MCA filings
Last financials
Mar 2013
Balance sheet date
Last AGM
30 Sep 2013
Annual general meeting
Company status
Under Liquidation
MCA master data

About Rustech Products Private Limited

Data last updated:

Rustech Products 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 apparel and garments segment of the textiles sector. It was incorporated on 28 March 2000.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2000PTC125378.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.02 Lakh. It is led by directors Bimal Bipin Jhaveri and Bipin Manilal Jhaveri.

Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 202 203 Span Land Markandheri Kurla Road Andhri East, Mumbai, Maharashtra, India – 400093.

As per MCA filings, the company has open charges of ₹18.45 Cr on record. Court records list 26 cases involving the company, including 4 filed by the company and 22 filed against it; 5 cases are pending.

Company details

CIN U18101MH2000PTC125378
Registration Number 125378
Incorporation Date 28 March 2000
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2013
Date of Balance Sheet 31 March 2013

Contact details

Rustech Products Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    202 203 Span Land Markandheri Kurla Road Andhri East, Mumbai, Maharashtra, India – 400093
  • Industry
    Textile, Apparel, Garments, Manufacturing
Comprehensive company report
Rustech Products Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Rustech Products Private Limited

FY 2013 filings available

Financial Statement Summary

MetricsFY 2012-13
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2012-13
Profitability
EBITDA Margin
Net Profit Margin
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 Rustech Products Private Limited, buy the company report.

Board of directors of Rustech Products Private Limited

Rustech Products has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Bimal Bipin JhaveriDirector29 Mar 200026 Years 7 MonthsAs last reported
Bipin Manilal JhaveriDirector29 Mar 200026 Years 7 MonthsAs last reported

Charges & borrowings

Open charges
₹18.45 Cr
Satisfied charges
None
Breakdown by lending institutions
The Saraswat Co-Op Bank Ltd₹9.97 Cr
The Saraswat Cooperative Bank Ltd₹8.00 Cr
The Saraswat Co-Operative Bank Ltd.₹0.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Mar 201410490595The Saraswat Cooperative Bank Ltd₹50 LakhOpen
29 Mar 201410490600The Saraswat Cooperative Bank Ltd₹50 LakhOpen
29 Nov 201210391733The Saraswat Cooperative Bank Ltd₹3.5 CrOpen
25 Oct 201010256584The Saraswat Co-Op Bank Ltd₹16.1 LakhOpen
09 Jan 200910139291The Saraswat Co-Op Bank Ltd₹65 LakhOpen

To see the full charge records of Rustech Products Private Limited, buy the company report.

Total charge records: 29 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rustech Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Rustech Products Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Rustech Products Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Buddhadeb Duari ceased to be Director on 24 Jan 2013.

Charges
A charge with The Saraswat Cooperative Bank Ltd amounted to Rs. 50.00 Lakh with Charge ID 10490595 was registered on 29 Mar 2014.
Charges
A charge with The Saraswat Cooperative Bank Ltd amounted to Rs. 50.00 Lakh with Charge ID 10490600 was registered on 29 Mar 2014.
Charges
A charge with The Saraswat Cooperative Bank Ltd of Rs. 350.00 Lakh registered on 29 Nov 2012 with Charge ID 10391733 was modified on 29 Mar 2014.
AGM
Rustech Products Private Limited last Annual general meeting of members was held on 30 Sep 2013 as per latest MCA records.
Filing
Rustech Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Mumbai.
Ceased
Buddhadeb Duari ceased to be Director.
Charges
A charge with The Saraswat Cooperative Bank Ltd amounted to Rs. 350.00 Lakh with Charge ID 10391733 was registered on 29 Nov 2012.
Charges
A charge with The Saraswat Cooperative Bank Ltd of Rs. 350.00 Lakh registered on 29 Apr 2002 with Charge ID 90143896 was modified on 23 Sep 2011.
Charges
A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 16.10 Lakh with Charge ID 10256584 was registered on 25 Oct 2010.
Charges
A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 65.00 Lakh with Charge ID 10139291 was registered on 09 Jan 2009.
Charges
A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 175.00 Lakh with Charge ID 10134588 was registered on 03 Dec 2008.
Charges
A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 325.00 Lakh with Charge ID 10131063 was registered on 12 Nov 2008.

26 earlier events are in the company report.

Frequently asked questions

Rustech Products 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.

Rustech Products is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in apparel, within the textile industry. It was incorporated on 28 March 2000 and is registered under CIN U18101MH2000PTC125378. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Rustech Products has 2 current directors:

The latest financial statements of Rustech Products on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Rustech Products is U18101MH2000PTC125378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rustech Products has open charges of ₹18.45 Cr and no satisfied charges on record as per latest MCA filings.

Rustech Products has 26 court cases on record: 4 filed by the company and 22 filed against it. 5 are pending. Most are in the district courts.

Rustech Products was incorporated on 28 March 2000. It is registered with the Registrar of Companies, Mumbai.

Buddhadeb Duari ceased to be Director on 24 Jan 2013. Bimal Bipin Jhaveri was appointed as Director on 29 Mar 2000. Bipin Manilal Jhaveri was appointed as Director on 29 Mar 2000.

The registered office of Rustech Products is at 202 203 Span Land Markandheri Kurla Road Andhri East, Mumbai, Maharashtra, India – 400093.