Tenet Exim Private Limited
About Tenet Exim Private Limited
Data last updated:
Tenet Exim Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nisiddh Vision Private Limited. 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 watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 09 October 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2009PTC196361. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It was formerly known as Aksha Gold Ornaments Private Limited and Aksha Gold Ornaments Limited. It is led by directors Siddhant Bagla Rajendrakumar and Irtesh Mishra.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.34 Cr, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹33.4 Cr and EBITDA of -₹33.21 Cr.
As per MCA filings, the company has open charges of ₹209 Cr and satisfied charges of ₹130 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 1 case is pending.
Company details
Name history
Tenet Exim has undergone 3 name changes throughout its history. The company was previously known as Aksha Gold Ornaments Private Limited, Aksha Gold Ornaments Limited, and Kbj Gold Ornaments Limited. The current legal name is Tenet Exim Private Limited.
| Company Name | Status |
|---|---|
| Tenet Exim Private Limited | Current |
| Aksha Gold Ornaments Private Limited | Previous |
| Aksha Gold Ornaments Limited | Previous |
| Kbj Gold Ornaments Limited | Previous |
CIN history
Tenet Exim has one previous CIN (Corporate Identification Number): U51398MH2009PLC196361. The current CIN is U51398MH2009PTC196361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51398MH2009PTC196361 | Current |
| U51398MH2009PLC196361 | Previous |
Contact details
Tenet Exim Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 2A 1st Floor Jaihind Estate Building No.1 Dr. Atmaram Merchant Road Bhulesh, War, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Tenet Exim 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 Tenet Exim is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Tenet Exim Private Limited, buy the company report.
Financials of Tenet Exim Private Limited
FY 2016 filings availableTenet Exim Private Limited reported revenue of ₹1.34 Cr (down 100% YoY) for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.34 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹33.21 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹33.4 Cr | |
| 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 | ||
| Net Profit Margin | ||
| 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 Tenet Exim Private Limited, buy the company report.
Board of directors of Tenet Exim Private Limited
Tenet Exim has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Irtesh Mishra | Additional Director | 05 Jun 2016 | 10 Years 4 Months | As last reported |
| Siddhant Bagla Rajendrakumar | Director | 26 Aug 2014 | 12 Years 2 Months | As last reported |
Peer comparison
Tenet Exim Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shimmer Gems Private Limited | ₹1.35 Cr (FY 2024) | 12.0% | Jaipur, Rajasthan, India | |||
| Tenet Exim Private Limitedthis company | ₹1.34 Cr (FY 2016) | -₹33.4 Cr | -100.0% | Mumbai, Maharashtra, India | ||
| Aditri Fashion Private Limited | ₹1.34 Cr (FY 2025) | 85.0% | Delhi, India | |||
| Swarup Lunkad's Dhanlaxmi Jewellers Private Limited | ₹1.33 Cr (FY 2025) | 14.0% | Jalgaon, Maharashtra, India | |||
| Pure Solar Private Limited | ₹1.33 Cr (FY 2024) | -87.0% | Dharampur, Himachal Pradesh, India |
To see the full peer comparison of Tenet Exim Private Limited, buy the company report.
Auditor
Tenet Exim Private Limited is audited by DIXIT DATTATRAY & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIXIT DATTATRAY & ASSOCIATES | FY 2016 | 102665W |
Shareholding
The shareholding of Tenet Exim Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tenet Exim Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2013 | 10412806 | State Bank of India | ₹120 Cr | Open | |
| 12 May 2012 | 10362916 | Central Bank of India | ₹19 Cr | Open | |
| 01 Mar 2011 | 10282780 | State Bank of India | ₹70 Cr | Open | |
| 28 Feb 2013 | 10413215 | State Bank of India | ₹120 Cr | Satisfied | |
| 09 Feb 2010 | 10204259 | The Saraswat Cooperative Bank Ltd | ₹10 Cr | Satisfied |
To see the full charge records of Tenet Exim Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Tenet Exim Private Limited has 8 court cases on record: 8 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 4 | 4 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (IPA) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (PMLA MA) | Filed against the company by State - Directorate of Enforcement Through Amit Kumar, Mumbai | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Officer | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by an individual | Disposed |
To see the full case history of Tenet Exim 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 Tenet Exim Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tenet Exim 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 Tenet Exim Private Limited, buy the company report.
Recent activity
Tenet Exim Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Irtesh Mishra was appointed as Additional Director on 05 Jun 2016.
10 earlier events are in the company report.
Frequently asked questions
Tenet Exim 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.
Tenet Exim is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 09 October 2009 and is registered under CIN U51398MH2009PTC196361. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Tenet Exim has 2 current directors:
- Irtesh Mishra - Additional Director
- Siddhant Bagla Rajendrakumar - Director
The latest financial statements of Tenet Exim 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 Tenet Exim is U51398MH2009PTC196361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tenet Exim has open charges of ₹209 Cr and satisfied charges of ₹130 Cr as per latest MCA filings.
Tenet Exim has 8 court cases on record: 8 filed against it. 1 is pending. Most are in the district courts.
Tenet Exim was incorporated on 09 October 2009. It is registered with the Registrar of Companies, Mumbai.
The peers of Tenet Exim by revenue are Shimmer Gems Private Limited, Aditri Fashion Private Limited, Swarup Lunkad's Dhanlaxmi Jewellers Private Limited, Pure Solar Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Irtesh Mishra was appointed as Additional Director on 05 Jun 2016. Niket Shivkumar Mehra ceased to be Director on 05 Jun 2016. Jitendra Gulshan Kapoor ceased to be Director on 19 Oct 2015. Tenet Exim has 10 board changes on record in total.
The registered office of Tenet Exim is at Flat No. 2A 1st Floor Jaihind Estate Building No.1 Dr. Atmaram Merchant Road Bhulesh, War, Mumbai, Maharashtra, India – 400002.
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