About Technofab Engineering Limited
Data last updated:
Technofab Engineering Limited is a public 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 procurement and construction (epc) segment of the engineering sector. It was incorporated on 20 July 1971.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74210DL1971PLC005712. Its GSTIN is 07AAACT3829R1ZR (Delhi). The company holds 25 GST registrations, of which 14 are active. It is recorded as listed by MCA, but trading in its shares on BSE (533216) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹10.49 Cr. It is led by directors including Arjun Gupta (Managing Director) and Ashutosh Jagga.
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 913 Hemkunt Chambers 89 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2022, the company reported a revenue of ₹114.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹80.01 Cr (net margin -69.6%) and EBITDA of -₹64.29 Cr (EBITDA margin -56%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 22% over five years.
The company has about 42 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Techno Fab and Technofab Engineering. As per MCA filings, the company has open charges of ₹1,855.29 Cr and satisfied charges of ₹652.67 Cr on record. Court records list 188 cases involving the company, including 74 filed by the company and 114 filed against it; 24 cases are pending. The company has 40 deals on record (35 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.17 Cr; the latest was in April 2020. The company has 6 MSME Form 1 returns on record between 2016 and 2021, listing 61 overdue payments to 13 micro and small suppliers.
The last known website on record is technofabengineering.com.
Company details
CIN history
Technofab Engineering has one previous CIN (Corporate Identification Number): U74210DL1971PLC005712. The current CIN is L74210DL1971PLC005712, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74210DL1971PLC005712 | Current |
| U74210DL1971PLC005712 | Previous |
Contact details
Technofab Engineering Limited's registered office is in New Delhi, Delhi. Its website is technofabengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address913 Hemkunt Chambers 89 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Technofab 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
Brands
Technofab Engineering operates two associated brands: Techno Fab and Technofab Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar module mounting structures and sheet metal enclosures since 1984. | technofabindia.in | |
| Provider of online news and current affairs content | technofabengineering.com |
Business activity
The main business activity of Technofab Engineering is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Technofab Engineering Limited, buy the company report.
Financials of Technofab Engineering Limited
FY 2022 filings availableTechnofab Engineering Limited reported revenue of ₹114.89 Cr (up 202% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 202% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 43% 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 | ₹114.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹64.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹80.01 Cr | ||||
| 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 | -56% | ||||
| Net Profit Margin | -69.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Technofab Engineering Limited, buy the company report.
Board of directors of Technofab Engineering Limited
Technofab Engineering has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Gupta | Managing Director | 30 Sep 2004 | 22 Years 0 Months | As last reported |
| Ashutosh Jagga Also directs: Tri-Africa Projects and Services LLP, Integer Access LLP, Phulwari Tissue Cultures Pvt Ltd and 1 more | Director | 10 Jun 2021 | 5 Years 4 Months | As last reported |
| Shipra Tripathi | Director | 25 Jun 2021 | 5 Years 3 Months | As last reported |
| Arun Mitter Also directs: Jayabharat Credit Limited, The Motor and General Finance Limited, Hyline Mediconz Private Limited and 5 more | Director | 08 Jun 2009 | 17 Years 4 Months | As last reported |
Auditor
Technofab Engineering Limited is audited by G C Agarwal & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G C Agarwal & Associates | FY 2022 | 017851N |
Shareholding
The shareholding of Technofab Engineering Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Technofab Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2018 | 100222758 | Others | ₹20 Lakh | Open | |
| 15 May 2018 | 100182559 | Bank of India | ₹18.2 Lakh | Open | |
| 19 Jul 2017 | 100113493 | Bank of India | ₹31.17 Lakh | Open | |
| 18 Jul 2017 | 100113504 | Bank of India | ₹10 Cr | Open | |
| 13 Jul 2017 | 100113499 | Bank of India | ₹8.64 Lakh | Open |
To see the full charge records of Technofab Engineering Limited, buy the company report.
Total charge records: 41 View all charges
Deals & funding
Technofab Engineering Limited has 40 deals on record (35 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.17 Cr; the latest was in April 2020.
Deals on record (5 of 40)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Market trade | ₹4.3 Lakh | Seller: Adesh Ventures LLP |
| Dec 2017 | Market trade | ₹5.82 Cr | Buyer: an individual Seller: Consolidated Infrastructure Company Private Limited , 2 individuals |
| May 2014 | Market trade | ₹1.6 Cr | Buyer: Priyanka Finance Private Limited Seller: Lotus Global Investments |
| Feb 2013 | Market trade | ₹1.62 Cr | Buyer: Bhavi Investments Limited Seller: Gammon India Limited |
| Feb 2013 | Market trade | ₹2.46 Cr | Buyer: Bhavi Investment Ltd. Seller: Gammon India Limited |
To see the full deal history of Technofab Engineering Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Technofab Engineering Limited has 188 court cases on record: 74 filed by Technofab Engineering, 114 filed against it. 24 cases are pending and 164 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 91 | 47 | 13 |
| District courts | 85 | 57 | 11 |
| Supreme Court | 8 | 6 | 0 |
| NCLT | 4 | 4 | 0 |
Cases on record (5 of 188)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CM(M)) | Filed against the company by Tesla Transformers India Ltd | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Tesla Transformers Ltd and Anr | Pending |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by M/S Indian Oil Corporation Ltd.(Assam Oil Division) | Pending |
| High Court, JHARKHAND | Writ petition | Filed by the company against Jharkhand Urja Sancharan Nigam Limited, Through Its Managing Director and 5 others | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed against the company by Rashtriyaispat Nigam Ltd | Pending |
To see the full case history of Technofab 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.
Credit ratings & regulatory alerts
Technofab Engineering Limited was last rated by Crisil on 17 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Apr 2019 |
To see the full credit ratings and regulatory alerts of Technofab Engineering Limited, buy the company report.
MSME payment delays
Technofab Engineering Limited has 6 MSME Form 1 returns on record between 2016 and 2021, listing 61 overdue payments to 13 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 (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vikas Cable Company | |||
| Well Freight Private Limited | |||
| Abf Freight International Private Limited | |||
| Eap Electro Projects Private Limited | |||
| Aoc Freight & Logistics |
To see the full MSME payment records of Technofab Engineering Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Technofab Engineering has 3 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rivu Infrastructural Developers Private Limited | U32109DL2005PTC402934 | |
| Arihant Flour Mills Private Limited | U51109DL1992PTC106029 | |
| Woodlands Instruments Private Limited | U74220DL1996PTC078452 |
To see the full group structure of Technofab Engineering Limited, buy the company report.
Employees & EPFO
Technofab Engineering Limited has a workforce of 42 employees on its EPFO records as of Apr 09, 2024, across 5 active EPFO establishments.
GST
Technofab Engineering has 25 GST registrations: 14 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACT3829R1ZR | Delhi | Active | 01 Jul 2017 |
| 06AAACT3829R1ZT | Haryana | Active | 01 Jul 2017 |
| 08AAACT3829R1ZP | Rajasthan | Active | 01 Jul 2017 |
| 09AAACT3829R1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technofab Engineering Limited, buy the company report.
Recent activity
Technofab Engineering Limited has 38 board changes on record since 1999: 21 appointments and 17 cessations. The latest: Suman Kumar Verma ceased to be Company Secretary on 09 Sep 2021.
102 earlier events are in the company report.
News
Frequently asked questions
Technofab Engineering 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.
Technofab Engineering is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 20 July 1971 and is registered under CIN L74210DL1971PLC005712. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Technofab Engineering has 4 current directors:
- Arjun Gupta - Managing Director
- Ashutosh Jagga - Director
- Shipra Tripathi - Director
- Arun Mitter - Director
The latest financial statements of Technofab Engineering 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 Technofab Engineering is L74210DL1971PLC005712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technofab Engineering is recorded as a listed company by MCA, but trading in its shares on BSE (533216) has been suspended, so they do not currently trade on a stock exchange.
Technofab Engineering has open charges of ₹1,855.29 Cr and satisfied charges of ₹652.67 Cr as per latest MCA filings.
Technofab Engineering has 188 court cases on record: 74 filed by the company and 114 filed against it. 24 are pending. Most are in the high courts.
Technofab Engineering was incorporated on 20 July 1971. It is registered with the Registrar of Companies, Delhi.
Technofab Engineering has 40 deals on record (35 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.17 Cr; the latest was in April 2020.
Suman Kumar Verma ceased to be Company Secretary on 09 Sep 2021. Shipra Tripathi was appointed as Director on 25 Jun 2021. Ashutosh Jagga was appointed as Director on 10 Jun 2021. Technofab Engineering has 38 board changes on record in total.