
Tech Coat (Nashik) Private Limited
About Tech Coat (Nashik) Private Limited
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Tech Coat (Nashik) Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 10 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1999PTC124774. Its GSTIN is 27AABCT1910C1ZX (Maharashtra).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹73.56 Lakh. It is led by directors including Satish Pandurang Sironjkar and Shahnawaj Ajij Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at A – 3 MIDC Palkhed Dindori, Nashik, Maharashtra, India – 422202.
As per the financials filed for FY 2019, the company reported a revenue of ₹24.13 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹26.4 Lakh (net margin -109.4%) and EBITDA of -₹6.52 Lakh (EBITDA margin -27%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹4.44 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Tech Coat (Nashik) has one previous CIN (Corporate Identification Number): U99999MH2000PTC124774. The current CIN is U99999MH1999PTC124774, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1999PTC124774 | Current |
| U99999MH2000PTC124774 | Previous |
Contact details
Tech Coat (Nashik) Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA – 3 MIDC Palkhed Dindori, Nashik, Maharashtra, India – 422202
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Tech Coat (Nashik) 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 Tech Coat (Nashik) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Tech Coat (Nashik) Private Limited, buy the company report.
Financials of Tech Coat (Nashik) Private Limited
FY 2019 filings availableTech Coat (Nashik) Private Limited reported revenue of ₹24.13 Lakh (down 80% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 80% fall in the latest year. EBITDA fell 133% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24.13 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.4 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27% | ||||
| Net Profit Margin | -109.4% | ||||
| 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 Tech Coat (Nashik) Private Limited, buy the company report.
Board of directors of Tech Coat (Nashik) Private Limited
Tech Coat (Nashik) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Pandurang Sironjkar | Director | 06 Dec 2004 | 21 Years 10 Months | Current |
| Shahnawaj Ajij Shaikh | Director | 10 Feb 1999 | 27 Years 8 Months | Current |
| Kailash Madhukar Dighe | Director | 06 Dec 2004 | 21 Years 10 Months | Current |
Auditor
Tech Coat (Nashik) Private Limited is audited by PRASHANT KULKARNI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT KULKARNI & CO | FY 2019 | 139507W |
Shareholding
The shareholding of Tech Coat (Nashik) Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tech Coat (Nashik) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 1999 | 90356520 | Union Bank of India | ₹20 Lakh | Open | |
| 26 May 2016 | 100045630 | Others | ₹1.8 Cr | Satisfied | |
| 09 Oct 2002 | 90356497 | Union Bank of India | ₹66.28 Lakh | Satisfied | |
| 23 Sep 1999 | 90352764 | Union Bank of India | ₹1.27 Cr | Satisfied | |
| 07 Jun 1999 | 90357803 | Sicom Ltd. | ₹71 Lakh | Satisfied |
To see the full charge records of Tech Coat (Nashik) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Tech Coat (Nashik) Private Limited has 6 court cases on record: 3 filed by Tech Coat (Nashik), 3 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| District courts | 2 | 2 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Court case (Reg Dkst) | Filed against the company by M/S Alps Chemicals Pvt Ltd Through Haresh Jitendrarai Bhuta and Other and 1 other | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Rishabh Trading Corporation THR. Rakesh Jain THR. Anil Kothari | Pending |
| Bombay High Court | Court case (APEAL) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (APPA) | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Commissioner of Central Excise and Customs | Disposed |
To see the full case history of Tech Coat (Nashik) 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 Tech Coat (Nashik) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tech Coat (Nashik) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT1910C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tech Coat (Nashik) Private Limited, buy the company report.
Recent activity
Tech Coat (Nashik) Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Kailash Madhukar Dighe was appointed as Director on 06 Dec 2004.
7 earlier events are in the company report.
Frequently asked questions
Tech Coat (Nashik) is an active private limited company based in Nashik, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 10 February 1999 (27+ years old) and is registered under CIN U99999MH1999PTC124774.
Tech Coat (Nashik) has 3 current directors:
- Satish Pandurang Sironjkar - Director
- Shahnawaj Ajij Shaikh - Director
- Kailash Madhukar Dighe - Director
The latest financial statements of Tech Coat (Nashik) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Tech Coat (Nashik) is 27AABCT1910C1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tech Coat (Nashik) is U99999MH1999PTC124774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech Coat (Nashik) has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Tech Coat (Nashik) was incorporated on 10 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Kailash Madhukar Dighe was appointed as Director on 06 Dec 2004. Satish Pandurang Sironjkar was appointed as Director on 06 Dec 2004. Shahnawaj Ajij Shaikh was appointed as Director on 10 Feb 1999.
The registered office of Tech Coat (Nashik) is at A – 3 MIDC Palkhed Dindori, Nashik, Maharashtra, India – 422202.
Tech Coat (Nashik) operates in the manufacturing industry, in the die casting and metal forming segment.