Sandeep Axles Private Limited
About Sandeep Axles Private Limited
Data last updated:
Sandeep Axles Private Limited is a private limited company based in New Delhi, Delhi, 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 auto parts and components segment of the automotive sector. It was incorporated on 20 September 1989.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PTC037766. Its GSTIN is 06AAACS0971R1ZX (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors Vikrant Mahajan and Vimal Mahajan.
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 Wz – 406S Janak Park Hari Nagar, New Delhi, Delhi, India – 110064.
As per the financials filed for FY 2016, the company reported a revenue of ₹25.51 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹13.23 Cr (net margin -51.9%) and EBITDA of -₹5 Cr (EBITDA margin -19.6%).
As per MCA filings, the company has open charges of ₹81.87 Cr and satisfied charges of ₹22.78 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 2 cases are pending.
Company details
Contact details
Sandeep Axles Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWz – 406S Janak Park Hari Nagar, New Delhi, Delhi, India – 110064
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Sandeep Axles 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 Sandeep Axles is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sandeep Axles Private Limited, buy the company report.
Financials of Sandeep Axles Private Limited
FY 2016 filings availableSandeep Axles Private Limited reported revenue of ₹25.51 Cr (down 69% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year. EBITDA fell 139% 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 | ₹25.51 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹13.23 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 | -19.6% | |
| Net Profit Margin | -51.9% | |
| 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 Sandeep Axles Private Limited, buy the company report.
Board of directors of Sandeep Axles Private Limited
Sandeep Axles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Mahajan | Additional Director | 15 Feb 2016 | 10 Years 8 Months | As last reported |
| Vikrant Mahajan | Director | 01 Jan 1999 | 27 Years 10 Months | As last reported |
Auditor
Sandeep Axles Private Limited is audited by S S PODDAR & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S PODDAR & CO | FY 2016 | 002117N |
Shareholding
The shareholding of Sandeep Axles Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sandeep Axles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2013 | 10465648 | Intec Capital Limited | ₹48.71 Lakh | Open | |
| 18 Nov 2013 | 10460078 | Small Industries Development Bank of India | ₹2.88 Cr | Open | |
| 16 Aug 2013 | 10444790 | Intec Capital Limited | ₹20.9 Lakh | Open | |
| 23 Jul 2013 | 10438012 | Small Industries Development Bank of India | ₹50 Lakh | Open | |
| 30 Mar 2013 | 10416279 | Small Industries Development Bank of India | ₹90 Lakh | Open |
To see the full charge records of Sandeep Axles Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Sandeep Axles Private Limited has 8 court cases on record: 8 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd | Disposed |
| District court, Palwal, Haryana | Civil miscellaneous application | Filed against the company by Small Industries Development Bank of India | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Small Industrial Development Bank of India | Pending |
| High Court, HARYANA | Writ petition | Filed against the company by Canara Bank | Disposed |
| District court, Palwal, Haryana | Civil suit | Filed against the company by Small Industries Development Bank of India | Disposed |
To see the full case history of Sandeep Axles 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 Sandeep Axles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sandeep Axles Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Sandeep Axles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACS0971R1ZX | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sandeep Axles Private Limited, buy the company report.
Recent activity
Sandeep Axles Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Sandeep Mahajan ceased to be Director on 18 Feb 2016.
33 earlier events are in the company report.
Frequently asked questions
Sandeep Axles 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.
Sandeep Axles is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 20 September 1989 and is registered under CIN U74899DL1989PTC037766. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sandeep Axles has 2 current directors:
- Vimal Mahajan - Additional Director
- Vikrant Mahajan - Director
The latest financial statements of Sandeep Axles 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 Sandeep Axles is U74899DL1989PTC037766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sandeep Axles has open charges of ₹81.87 Cr and satisfied charges of ₹22.78 Cr as per latest MCA filings.
Sandeep Axles has 8 court cases on record: 8 filed against it. 2 are pending. Most are in the district courts.
Sandeep Axles was incorporated on 20 September 1989. It is registered with the Registrar of Companies, Delhi.
Sandeep Mahajan ceased to be Director on 18 Feb 2016. Vimal Mahajan was appointed as Additional Director on 15 Feb 2016. Vikrant Mahajan was appointed as Director on 01 Jan 1999.
The registered office of Sandeep Axles is at Wz – 406S Janak Park Hari Nagar, New Delhi, Delhi, India – 110064.
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