About T & U Systems Automobiles Private Limited
Data last updated:
T & U Systems Automobiles Private Limited is a private limited company based in Nagpur, Maharashtra, 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 agricultural products distribution segment of the agriculture sector. It was incorporated on 15 September 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52190MH2009PTC195795. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Milind Moreshwar Soman and Nilima Milind Soman.
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 56 State Bank Colony Gopal Nagar, Nagpur, Maharashtra, India – 440022.
As per the financials filed for FY 2016, the company reported a revenue of ₹32.02 Cr. For the same year it recorded a net profit of ₹70.14 Lakh (net margin 2.2%) and EBITDA of ₹1.67 Cr (EBITDA margin 5.2%).
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.75 Cr and satisfied charges of ₹11 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 2 cases are pending.
The last known website on record is tnuauto.com.
Company details
Contact details
T & U Systems Automobiles Private Limited's registered office is in Nagpur, Maharashtra. Its website is tnuauto.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address56 State Bank Colony Gopal Nagar, Nagpur, Maharashtra, India – 440022
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of T & U Systems Automobiles 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 T & U Systems Automobiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of T & U Systems Automobiles Private Limited, buy the company report.
Financials of T & U Systems Automobiles Private Limited
FY 2016 filings availableT & U Systems Automobiles Private Limited reported revenue of ₹32.02 Cr for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹32.02 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.67 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹70.14 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 | 5.2% | |
| Net Profit Margin | 2.2% | |
| 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 T & U Systems Automobiles Private Limited, buy the company report.
Board of directors of T & U Systems Automobiles Private Limited
T & U Systems Automobiles has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Moreshwar Soman | Director | 15 Oct 2009 | 17 Years 0 Months | As last reported |
| Nilima Milind Soman | Director | 15 Sep 2009 | 17 Years 1 Months | As last reported |
| Geeta Moreshwar Soman | Director | 15 Sep 2009 | 17 Years 1 Months | As last reported |
| Madhavi Amit Datir Also directs: Datir Securities and Consultant Private Limited | Director | 15 Oct 2009 | 17 Years 0 Months | As last reported |
| Megha Agrawal Also directs: Truenex Absolute Insolvency Resolutions LLP | Irp/Rp/Liquidator | 22 Feb 2024 | 2 Years 8 Months | As last reported |
Peer comparison
T & U Systems Automobiles Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nimalan Interglobe Trading India Private Limited | ₹32.09 Cr (FY 2025) | 56.0% | Sriperumbudur, Tamil Nadu, India | |||
| Atishay Resources Private Limited | ₹32.05 Cr (FY 2025) | 900.0% | Mumbai, Maharashtra, India | |||
| T & U Systems Automobiles Private Limitedthis company | ₹32.02 Cr (FY 2016) | ₹70.14 Lakh | 2.2% | Nagpur, Maharashtra, India | ||
| Ramnagar Agro Vision Private Limited | ₹31.99 Cr (FY 2024) | 7.0% | Ranaghat, West Bengal, India | |||
| Nilgiri Agmart Private Limited | ₹31.9 Cr (FY 2017) | -33.0% | Ahmedabad, Gujarat, India | |||
| Indian Sugar Exim Corporation Ltd. | ₹31.86 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of T & U Systems Automobiles Private Limited, buy the company report.
Auditor
T & U Systems Automobiles Private Limited is audited by HARISH DODEJA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH DODEJA & CO | FY 2016 | 123696W |
Shareholding
The shareholding of T & U Systems Automobiles Private 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 T & U Systems Automobiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2017 | 100108137 | Others | ₹9.75 Cr | Open | |
| 28 Sep 2012 | 10382493 | Ing Vysya Bank Limited | ₹5 Cr | Open | |
| 25 Sep 2014 | 10529938 | Idbi Bank Limited | ₹8 Cr | Satisfied | |
| 20 Feb 2010 | 10208552 | State Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of T & U Systems Automobiles Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
T & U Systems Automobiles Private Limited has 9 court cases on record: 2 filed by T & U Systems Automobiles, 7 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by CNH Industrial India Pvt Ltd | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Capital First Ltd | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S Acadamy of Designers Pvt. Ltd. | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
To see the full case history of T & U Systems Automobiles 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.
Credit ratings & regulatory alerts
T & U Systems Automobiles Private Limited was last rated by Crisil on 26 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Aug 2020 |
To see the full credit ratings and regulatory alerts of T & U Systems Automobiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for T & U Systems Automobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
T & U Systems Automobiles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of T & U Systems Automobiles Private Limited, buy the company report.
Recent activity
T & U Systems Automobiles Private Limited has 5 board changes on record since 2009: 5 appointments. The latest: Megha Agrawal was appointed as Irp/Rp/Liquidator on 22 Feb 2024.
5 earlier events are in the company report.
Frequently asked questions
T & U Systems Automobiles 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.
T & U Systems Automobiles is a company under insolvency, formerly operating as a private limited company based in Nagpur, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 15 September 2009 and is registered under CIN U52190MH2009PTC195795. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
T & U Systems Automobiles has 5 current directors:
- Milind Moreshwar Soman - Director
- Nilima Milind Soman - Director
- Geeta Moreshwar Soman - Director
- Madhavi Amit Datir - Director
- Megha Agrawal - Irp/Rp/Liquidator
The latest financial statements of T & U Systems Automobiles 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 T & U Systems Automobiles is U52190MH2009PTC195795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
T & U Systems Automobiles has open charges of ₹14.75 Cr and satisfied charges of ₹11 Cr as per latest MCA filings.
T & U Systems Automobiles has 9 court cases on record: 2 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
T & U Systems Automobiles was incorporated on 15 September 2009. It is registered with the Registrar of Companies, Mumbai.
The peers of T & U Systems Automobiles by revenue are Nimalan Interglobe Trading India Private Limited, Atishay Resources Private Limited, Ramnagar Agro Vision Private Limited, Nilgiri Agmart Private Limited, Indian Sugar Exim Corporation Ltd, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Megha Agrawal was appointed as Irp/Rp/Liquidator on 22 Feb 2024. Madhavi Amit Datir was appointed as Director on 15 Oct 2009. Milind Moreshwar Soman was appointed as Director on 15 Oct 2009. T & U Systems Automobiles has 5 board changes on record in total.
T & U Systems Automobiles can be reached through the website tnuauto.com. Its registered office is in Nagpur, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
