About Shree Narmada Architectural Systems Limited
Data last updated:
Shree Narmada Architectural Systems Limited is a public limited company based in Bharuch, Gujarat, 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 engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 07 February 2000.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2000PLC037316. Its GSTIN is 24AAGCS6258P1ZP (Gujarat). The company holds 9 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹23.67 Lakh. It is led by directors including Deepak Bhuralal Patel (Managing Director) and Sanjay Vashram Patel.
Its last annual general meeting (AGM) was held on 26 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No 95/1 Paikiopp Apna Ghar Society Bholav, Bharuch, Gujarat, India – 392001.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.14 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Cr (net margin -104.2%) and EBITDA of -₹39.99 Lakh (EBITDA margin -35.1%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69.37 Cr on record. Court records list 23 cases involving the company, including 4 filed by the company and 19 filed against it; 12 cases are pending.
The last known website on record is snasl.com.
Company details
Contact details
Shree Narmada Architectural Systems Limited's registered office is in Bharuch, Gujarat. Its website is snasl.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No 95/1 Paikiopp Apna Ghar Society Bholav, Bharuch, Gujarat, India – 392001
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Shree Narmada Architectural Systems 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 Shree Narmada Architectural Systems is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Shree Narmada Architectural Systems Limited, buy the company report.
Financials of Shree Narmada Architectural Systems Limited
FY 2019 filings availableShree Narmada Architectural Systems Limited reported revenue of ₹1.14 Cr (down 77% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over three years, including a 77% fall in the latest year. EBITDA rose 59% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹39.99 Lakh | ||||
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| Net Profit (PAT) | -₹1.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -35.1% | ||||
| Net Profit Margin | -104.2% | ||||
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To see the full financial statements and ratios of Shree Narmada Architectural Systems Limited, buy the company report.
Board of directors of Shree Narmada Architectural Systems Limited
Shree Narmada Architectural Systems has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Vashram Patel | Director | 26 Mar 2013 | 13 Years 6 Months | As last reported |
| Bharat Mugatlal Shah Also directs: Amiswara Baiid Private Limited | Additional Director | 09 Sep 2017 | 9 Years 1 Months | As last reported |
| Deepak Bhuralal Patel Also directs: Sagar Innovative Private Limited, Patel Sales Pvt Ltd | Managing Director | 04 Aug 2003 | 23 Years 2 Months | As last reported |
Auditor
Shree Narmada Architectural Systems Limited is audited by C N K & ASSOCIATES LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & ASSOCIATES LLP | FY 2018 | 101961W |
Shareholding
The shareholding of Shree Narmada Architectural Systems Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shree Narmada Architectural Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2011 | 10273255 | Punjab National Bank | ₹7.5 Cr | Open | |
| 09 Jun 2009 | 10164056 | Punjab National Bank | ₹39.9 Cr | Open | |
| 08 Oct 2003 | 90111700 | Uco Bank | ₹2.25 Cr | Open | |
| 30 Aug 2003 | 90111696 | Uco Bank | ₹19.72 Cr | Open |
To see the full charge records of Shree Narmada Architectural Systems Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shree Narmada Architectural Systems Limited has 23 court cases on record: 4 filed by Shree Narmada Architectural Systems, 19 filed against it. 12 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 11 | 5 |
| District courts | 7 | 7 | 6 |
| NCLT | 2 | 1 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M. L. Mansukhani and Co. Pvt. Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by M. L. Mansukhani and Co. Pvt. Ltd. | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by M. L. Mansukhani and Co. Pvt. Ltd. | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by NTS Scaffoldings Pvt. Ltd. | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against National Securities Depository Limited and 6 others | Disposed |
To see the full case history of Shree Narmada Architectural Systems 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 Shree Narmada Architectural Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shree Narmada Architectural Systems has 9 GST registrations: 2 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCS6258P1ZP | Gujarat | Active | 01 Jul 2017 |
| 24AAGCS6258P2ZO | Gujarat | Active | 17 Jul 2020 |
To see the full GST registrations and return filing status of Shree Narmada Architectural Systems Limited, buy the company report.
Recent activity
Shree Narmada Architectural Systems Limited has 8 board changes on record since 2003: 3 appointments and 5 cessations. The latest: Bharat Mugatlal Shah was appointed as Additional Director on 09 Sep 2017.
5 earlier events are in the company report.
Frequently asked questions
Shree Narmada Architectural Systems 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.
Shree Narmada Architectural Systems is a company under liquidation, formerly operating as a public limited company based in Bharuch, Gujarat, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 07 February 2000 and is registered under CIN U45200GJ2000PLC037316. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shree Narmada Architectural Systems has 3 current directors:
- Deepak Bhuralal Patel - Managing Director
- Sanjay Vashram Patel - Director
- Bharat Mugatlal Shah - Additional Director
The latest financial statements of Shree Narmada Architectural Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shree Narmada Architectural Systems is U45200GJ2000PLC037316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Narmada Architectural Systems has open charges of ₹69.37 Cr and no satisfied charges on record as per latest MCA filings.
Shree Narmada Architectural Systems has 23 court cases on record: 4 filed by the company and 19 filed against it. 12 are pending. Most are in the high courts.
Shree Narmada Architectural Systems was incorporated on 07 February 2000. It is registered with the Registrar of Companies, Ahmedabad.
Bharat Mugatlal Shah was appointed as Additional Director on 09 Sep 2017. Krishnankutty Bhaskaran Nair ceased to be Director on 20 Nov 2016. Sanjay Vashram Patel ceased to be Additional Director on 30 Sep 2013. Shree Narmada Architectural Systems has 8 board changes on record in total.
Shree Narmada Architectural Systems can be reached through the website snasl.com. Its registered office is in Bharuch, Gujarat, India.