Shapewel Engineering Limited
About Shapewel Engineering Limited
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Shapewel Engineering Limited is a public limited company based in Ahmednagar, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 15 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34300PN1990PLC055059. Its GSTIN is 27AAECS5558E1Z7 (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹34.45 Lakh. It was formerly known as Shapewel Engineering Private Limited. It is led by directors including Amit Manchanda (Whole-Time Director) and Manchanda Rajat.
Its last annual general meeting (AGM) was held on 27 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at A 69M I D C Area, Ahmednagar, Maharashtra, India – 414111.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.36 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹50.93 Lakh (net margin -8%) and EBITDA of ₹26.65 Lakh (EBITDA margin 4.2%).
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.27 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Shapewel Engineering has one previous CIN (Corporate Identification Number): U34300MH1990PTC055059. The current CIN is U34300PN1990PLC055059, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34300PN1990PLC055059 | Current |
| U34300MH1990PTC055059 | Previous |
Contact details
Shapewel Engineering Limited's registered office is in Ahmednagar, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA 69M I D C Area, Ahmednagar, Maharashtra, India – 414111
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Shapewel Engineering 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 Shapewel Engineering is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Shapewel Engineering Limited, buy the company report.
Financials of Shapewel Engineering Limited
FY 2016 filings availableShapewel Engineering Limited reported revenue of ₹6.36 Cr (up 10% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year. EBITDA fell 30% 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 | ₹6.36 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹26.65 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹50.93 Lakh | |
| 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 | 4.2% | |
| Net Profit Margin | -8% | |
| 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 Shapewel Engineering Limited, buy the company report.
Board of directors of Shapewel Engineering Limited
Shapewel Engineering has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Sunder Bhagat | Additional Director | 18 Jan 2010 | 16 Years 9 Months | Current |
| Manchanda Rajat Also directs: PSW Forge (I) Private Limited, Usav Forgings Private Limited | Director | 20 Jun 2006 | 20 Years 4 Months | Current |
| Amit Manchanda Also directs: PSW Forge (I) Private Limited, Usav Forgings Private Limited | Whole-Time Director | 25 Sep 2007 | 19 Years 1 Months | Current |
Auditor
Shapewel Engineering Limited is audited by D N SHUKLA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D N SHUKLA & CO | FY 2016 | 110228W |
Shareholding
The shareholding of Shapewel Engineering 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 Shapewel Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2015 | 10560452 | Bank of India | ₹8.17 Cr | Open | |
| 26 Aug 2008 | 10122150 | Bank of Baroda(Ahmednagar Main Branch) | ₹7.1 Cr | Open | |
| 12 Mar 2007 | 10042031 | Icici Bank Limited | ₹6 Cr | Satisfied | |
| 12 Mar 2007 | 10042032 | Icici Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Shapewel Engineering Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shapewel Engineering Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Compl--ULP.) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Shapewel Engineering 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 Shapewel Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shapewel Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS5558E1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shapewel Engineering Limited, buy the company report.
Recent activity
Shapewel Engineering Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Naurata Ram Sharma ceased to be Director on 31 Jan 2010.
3 earlier events are in the company report.
Frequently asked questions
Shapewel Engineering is an active public limited company based in Ahmednagar, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 15 January 1990 (36+ years old) and is registered under CIN U34300PN1990PLC055059.
Shapewel Engineering has 3 current directors:
- Amit Manchanda - Whole-Time Director
- Shyam Sunder Bhagat - Additional Director
- Manchanda Rajat - Director
The latest financial statements of Shapewel Engineering on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 27 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Shapewel Engineering is 27AAECS5558E1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shapewel Engineering is U34300PN1990PLC055059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shapewel Engineering has 2 court cases on record: 2 filed against it.
Shapewel Engineering was incorporated on 15 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
Naurata Ram Sharma ceased to be Director on 31 Jan 2010. Shyam Sunder Bhagat was appointed as Additional Director on 18 Jan 2010. Amit Manchanda was appointed as Whole-Time Director on 25 Sep 2007. Shapewel Engineering has 5 board changes on record in total.
The registered office of Shapewel Engineering is at A 69M I D C Area, Ahmednagar, Maharashtra, India – 414111.
Shapewel Engineering operates in the automotive industry, in the auto parts and components segment.
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