Telstar Industries Private Limited
About Telstar Industries Private Limited
Data last updated:
Telstar Industries Private Limited is a private limited company based in Surat, 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 textile and fabric production segment of the manufacturing sector. It was incorporated on 15 February 2010.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2010PTC059575. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹13.75 Lakh. It is led by directors including Sachin Naveen Sinha (Irp/Rp/Liquidator) and Vivekanand Jha.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Office Block Plot No. 5916 Road No. 59 G I D C Sachin, Surat, Gujarat, India – 394230.
As per MCA filings, the company has open charges of ₹20.8 Cr on record. Court records list 18 cases involving the company, including 11 filed by the company and 9 filed against it.
Company details
Contact details
Telstar Industries Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice Block Plot No. 5916 Road No. 59 G I D C Sachin, Surat, Gujarat, India – 394230
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Telstar Industries 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 Telstar Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
Financials of Telstar Industries Private Limited
FY 2020 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Telstar Industries Private Limited, buy the company report.
Board of directors of Telstar Industries Private Limited
Telstar Industries has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Naveen Sinha Also directs: Vishal Pipes Limited | Irp/Rp/Liquidator | 16 Nov 2023 | 2 Years 11 Months | As last reported |
| Vivekanand Jha Also directs: Telstar Technologies Private Limited | Director | 10 Apr 2019 | 7 Years 6 Months | As last reported |
| Jigar Tarunkumar Bhatt | Irp/Rp/Liquidator | 06 Oct 2023 | 3 Years 1 Months | As last reported |
| Sumankumar Dilipkumar Jha | Additional Director | 01 Oct 2014 | 12 Years 1 Months | As last reported |
Auditor
Telstar Industries Private Limited is audited by J N SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J N SHAH & CO | FY 2019 | 118020W |
Shareholding
The shareholding of Telstar Industries Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Telstar Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2011 | 10269083 | Punjab National Bank | ₹10.4 Cr | Open | |
| 20 Jan 2011 | 10268756 | Punjab National Bank | ₹8.4 Cr | Open | |
| 20 Jan 2011 | 10268757 | Punjab National Bank | ₹2 Cr | Open |
To see the full charge records of Telstar Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Telstar Industries Private Limited has 18 court cases on record: 11 filed by Telstar Industries, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 11 | 4 | 0 |
| High courts | 4 | 3 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Vivekanand Dhaneshwar Jah Suspended Management of Telstar Industries Private Limited ( the Company Under Liquidation ) and 1 other | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Sachin Sinha Liquidator of Telstar Industries Private Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed against the company by individuals | Disposed |
To see the full case history of Telstar Industries 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 Telstar Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Telstar Industries 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 Telstar Industries Private Limited, buy the company report.
Recent activity
Telstar Industries Private Limited has 13 board changes on record since 2010: 4 appointments and 9 cessations. The latest: Sachin Naveen Sinha was appointed as Irp/Rp/Liquidator on 16 Nov 2023.
9 earlier events are in the company report.
Frequently asked questions
Telstar Industries 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.
Telstar Industries is a company under liquidation, formerly operating as a private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 February 2010 and is registered under CIN U25209GJ2010PTC059575. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Telstar Industries has 4 current directors:
- Vivekanand Jha - Director
- Sumankumar Dilipkumar Jha - Additional Director
- Sachin Naveen Sinha - Irp/Rp/Liquidator
- Jigar Tarunkumar Bhatt - Irp/Rp/Liquidator
The latest financial statements of Telstar Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Telstar Industries is U25209GJ2010PTC059575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Telstar Industries has open charges of ₹20.8 Cr and no satisfied charges on record as per latest MCA filings.
Telstar Industries has 18 court cases on record: 11 filed by the company and 9 filed against it. Most are in the nclt.
Telstar Industries was incorporated on 15 February 2010. It is registered with the Registrar of Companies, Ahmedabad.
Sachin Naveen Sinha was appointed as Irp/Rp/Liquidator on 16 Nov 2023. Jigar Tarunkumar Bhatt was appointed as Irp/Rp/Liquidator on 06 Oct 2023. Vivekanand Jha ceased to be Additional Director on 30 Sep 2019. Telstar Industries has 13 board changes on record in total.
The registered office of Telstar Industries is at Office Block Plot No. 5916 Road No. 59 G I D C Sachin, Surat, Gujarat, India – 394230.
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