About Schon Ultrawares Private Limited
Data last updated:
Schon Ultrawares Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 29 September 2000.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U26913DL2000PTC107972. Its GSTIN is 08AAFCS7841D1ZA (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.12 Cr. It is led by directors including Sunil Kumar Juneja and Meena Juneja.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 94 Neel Kamal Apartments Vikas Puri, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.38 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹92.85 Lakh (net margin -39%) and EBITDA of ₹34.85 Lakh (EBITDA margin 14.6%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 9% over five years.
The company has about 91 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.06 Cr and satisfied charges of ₹14.4 Lakh on record. Court records list 29 cases involving the company, including 2 filed by the company and 27 filed against it; 9 cases are pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.54 Cr; the latest was in November 2015. Its 10 peer companies in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Pranya Enviro Private Limited with revenue of ₹2.39 Cr. The company has 5 MSME Form 1 returns on record between 2015 and 2019, listing 10 overdue payments to 4 micro and small suppliers.
The last known website on record is grabeco.in.
Company details
Contact details
Schon Ultrawares Private Limited's registered office is in New Delhi, Delhi. Its website is grabeco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address94 Neel Kamal Apartments Vikas Puri, New Delhi, Delhi, India – 110018
- IndustryPlastics, Non-Metallic Mineral Products, Rubber Products, Fabricated Metal Products, Plastic Products
To see the full contact details of Schon Ultrawares 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 Schon Ultrawares is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Schon Ultrawares Private Limited, buy the company report.
Financials of Schon Ultrawares Private Limited
FY 2022 filings availableSchon Ultrawares Private Limited reported revenue of ₹2.38 Cr (down 55% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 55% fall in the latest year. EBITDA rose 463% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.38 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹34.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹92.85 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | -39% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Schon Ultrawares Private Limited, buy the company report.
Board of directors of Schon Ultrawares Private Limited
Schon Ultrawares has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Juneja | Director | 29 Sep 2000 | 26 Years 0 Months | As last reported |
| Meena Juneja | Director | 25 Feb 2014 | 12 Years 7 Months | As last reported |
| Sandeep Mahajan | Irp/Rp/Liquidator | 26 Sep 2023 | 3 Years 0 Months | As last reported |
Peer comparison
Schon Ultrawares Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pranya Enviro Private Limited | ₹2.39 Cr (FY 2025) | -11.0% | Faridabad, Haryana, India | |||
| PKM Autocom Private Limited | ₹2.39 Cr (FY 2025) | -28.0% | Madurai, Tamil Nadu, India | |||
| Rajyog Polytech Private Limited | ₹2.39 Cr (FY 2024) | -4.0% | Ankleshwar, Gujarat, India | |||
| Luma Optics Private Limited | ₹2.38 Cr (FY 2024) | 24.0% | Vadodara, Gujarat, India | |||
| Ap Engitech Private Limited | ₹2.38 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Schon Ultrawares Private Limitedthis company | ₹2.38 Cr (FY 2022) | -₹92.85 Lakh | -39% | -55.0% | 91 | New Delhi, Delhi, India |
| Zerco Enterprises Private Limited | ₹2.38 Cr (FY 2025) | 60.0% | Kozhikode, Kerala, India | |||
| Meridian Inflatables Private Limited | ₹2.38 Cr (FY 2025) | -36.0% | Mumbai, Maharashtra, India | |||
| Jips Plasto Industries Private Limited | ₹2.38 Cr (FY 2022) | -7.0% | Satara, Maharashtra, India | |||
| Brighto-Tech Industries Private Limited | ₹2.37 Cr (FY 2023) | 454.0% | Mulshi, Maharashtra, India | |||
| Stylenote International Private Limited | ₹2.37 Cr (FY 2022) | 1590.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Schon Ultrawares Private Limited, buy the company report.
Auditor
Schon Ultrawares Private Limited is audited by CHANDER PARKASH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDER PARKASH & CO. | FY 2022 | 010770N |
Shareholding
The shareholding of Schon Ultrawares Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Schon Ultrawares Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2014 | 10496040 | State Bank of Travancore | ₹2.19 Cr | Open | |
| 10 Sep 2013 | 10452347 | State Bank of Travancore | ₹19.87 Cr | Open | |
| 06 Apr 2011 | 10284480 | City Union Bank Limited | ₹1.4 Lakh | Satisfied | |
| 11 May 2010 | 10227104 | City Union Bank Limited | ₹10 Lakh | Satisfied | |
| 19 Jul 2002 | 90037417 | The Karur Vysya Bank Ltd. | ₹3 Lakh | Satisfied |
To see the full charge records of Schon Ultrawares Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Schon Ultrawares Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.54 Cr; the latest was in November 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2015 | Rights issue | ₹1.54 Cr | Investors: 3 individuals |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Funding round | ₹58.2 Lakh | Investors: 2 individuals |
| Sep 2013 | Funding round | ₹1.95 Cr | Investors: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Schon Ultrawares Private Limited has 29 court cases on record: 2 filed by Schon Ultrawares, 27 filed against it. 9 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 7 |
| NCLAT | 5 | 5 | 0 |
| High courts | 2 | 0 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Micro Mesh India P Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Jaipur Vidyut Vitran Nigam Limited | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Solenis Chemicals India Private Limited | Disposed |
| District court, South West, Delhi | Commercial suit | Filed against the company by M/S Inext Logistics and Supply Chain Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Schon Ultrawares 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
Schon Ultrawares Private Limited has 5 MSME Form 1 returns on record between 2015 and 2019, listing 10 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| K K Khandelwal & Co. | |||
| Presto Consultants (I) Pvt Ltd | |||
| Maharani Industrial Equipments Private Limited |
To see the full MSME payment records of Schon Ultrawares Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Schon Ultrawares Private Limited has a workforce of 91 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Schon Ultrawares has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCS7841D1ZA | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Schon Ultrawares Private Limited, buy the company report.
Recent activity
Schon Ultrawares Private Limited has 9 board changes on record since 2000: 3 appointments and 6 cessations. The latest: Sandeep Mahajan was appointed as Irp/Rp/Liquidator on 26 Sep 2023.
11 earlier events are in the company report.
Frequently asked questions
Schon Ultrawares is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Schon Ultrawares is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 29 September 2000 and is registered under CIN U26913DL2000PTC107972. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Schon Ultrawares has 3 current directors:
- Sunil Kumar Juneja - Director
- Meena Juneja - Director
- Sandeep Mahajan - Irp/Rp/Liquidator
The latest financial statements of Schon Ultrawares on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Schon Ultrawares is U26913DL2000PTC107972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Schon Ultrawares has open charges of ₹22.06 Cr and satisfied charges of ₹14.4 Lakh as per latest MCA filings.
Schon Ultrawares has 29 court cases on record: 2 filed by the company and 27 filed against it. 9 are pending. Most are in the district courts.
Schon Ultrawares was incorporated on 29 September 2000. It is registered with the Registrar of Companies, Delhi.
Schon Ultrawares has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.54 Cr; the latest was in November 2015.
The peers of Schon Ultrawares by revenue are Pranya Enviro Private Limited, PKM Autocom Private Limited, Rajyog Polytech Private Limited, Luma Optics Private Limited, Ap Engitech Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sandeep Mahajan was appointed as Irp/Rp/Liquidator on 26 Sep 2023. Sumit Juneja ceased to be Director on 16 Mar 2021. Aman Bhayana ceased to be Director on 12 May 2016. Schon Ultrawares has 9 board changes on record in total.
Schon Ultrawares has 5 MSME Form 1 returns on record between 2015 and 2019, listing 10 overdue payments to 4 micro and small suppliers. The latest return was filed on 31 Oct 2019.