Tigaksha Metallics Private Limited
About Tigaksha Metallics Private Limited
Data last updated:
Tigaksha Metallics Private Limited is a private limited company based in Una, Himachal Pradesh, India, a subsidiary of Supermax Mauritius. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U36993HP2004PTC027064. Its GSTIN is 02AACCT2279B1ZU (Himachal Pradesh). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹11.31 Cr. It is led by directors Sanjay Narayan Jagtap and Upendra Kumar Gupta.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No.16 Ram Nagar Industrial Area Gagret Teh – Amb Distt – Una, Himachal Pradesh, India – 177201.
As per the financials filed for FY 2016, the company reported a revenue of ₹34.27 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹3.86 Cr (net margin 11.3%) and EBITDA of ₹5.55 Cr (EBITDA margin 16.2%).
The company has about 392 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹86.15 Cr on record. Court records list 100 cases involving the company, including 13 filed by the company and 87 filed against it; 25 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Tigaksha Metallics Private Limited's registered office is in Una, Himachal Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.16 Ram Nagar Industrial Area Gagret Teh – Amb Distt – Una, Himachal Pradesh, India – 177201
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Tigaksha Metallics 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 Tigaksha Metallics is manufacturing. In detail, this covers metal and metal products and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Tigaksha Metallics Private Limited, buy the company report.
Financials of Tigaksha Metallics Private Limited
FY 2016 filings availableTigaksha Metallics Private Limited reported revenue of ₹34.27 Cr (down 55% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 55% in the latest year. EBITDA fell 62% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹34.27 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹5.55 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.86 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 | 16.2% | |
| Net Profit Margin | 11.3% | |
| 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 Tigaksha Metallics Private Limited, buy the company report.
Board of directors of Tigaksha Metallics Private Limited
Tigaksha Metallics has 2 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Narayan Jagtap | Director | 17 Oct 2014 | 12 Years 0 Months | Current |
| Upendra Kumar Gupta Also directs: Jindal (India) Limited | Director | 17 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Tigaksha Metallics Private Limited is audited by B S R & Co. LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2016 | 101248W/W100022 |
Shareholding
The shareholding of Tigaksha Metallics 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 Tigaksha Metallics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2007 | 10078997 | Gm Dic Shimla | ₹30 Lakh | Open | |
| 01 Aug 2011 | 10305428 | Allahabad Bank | ₹24 Cr | Satisfied | |
| 12 Jul 2006 | 10011664 | Uco Bank | ₹50.65 Cr | Satisfied | |
| 13 Jun 2006 | 10012163 | Icici Bank Limited | ₹11.5 Cr | Satisfied |
To see the full charge records of Tigaksha Metallics Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Tigaksha Metallics Private Limited has 100 court cases on record: 13 filed by Tigaksha Metallics, 87 filed against it. 25 cases are pending and 75 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 62 | 58 | 14 |
| District courts | 27 | 20 | 11 |
| NCLAT | 6 | 6 | 0 |
| Supreme Court | 3 | 2 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 100)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COMIP) | Filed against the company by Supermax Personal Care Pvt Ltd and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Laser Shaving India Private Limited | Pending |
| District court, Una, Himachal Pradesh | Civil miscellaneous application | Filed by the company against M/S Sawariya Consumer Care Pvt Ltd and 10 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by RKRM International Products Pvt Ltd and 1 other | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Laser Shaving India Private Limited | Disposed |
To see the full case history of Tigaksha Metallics 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 Tigaksha Metallics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tigaksha Metallics Private Limited has a workforce of 392 employees on its EPFO records as of Mar 28, 2024, across 3 active EPFO establishments.
GST
Tigaksha Metallics has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AACCT2279B1ZU | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tigaksha Metallics Private Limited, buy the company report.
Recent activity
Tigaksha Metallics Private Limited has 25 board changes on record since 2008: 3 appointments and 22 cessations. The latest: Alan Edward Greenough ceased to be Additional Director on 27 Sep 2019.
25 earlier events are in the company report.
Frequently asked questions
Tigaksha Metallics is an active private limited company based in Una, Himachal Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 April 2004 (22+ years old) and is registered under CIN U36993HP2004PTC027064.
Tigaksha Metallics has 2 current directors:
- Sanjay Narayan Jagtap - Director
- Upendra Kumar Gupta - Director
The latest financial statements of Tigaksha Metallics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Tigaksha Metallics is 02AACCT2279B1ZU, registered in Himachal Pradesh. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Tigaksha Metallics is U36993HP2004PTC027064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tigaksha Metallics has 100 court cases on record: 13 filed by the company and 87 filed against it. 25 are pending. Most are in the high courts.
Tigaksha Metallics was incorporated on 26 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Alan Edward Greenough ceased to be Additional Director on 27 Sep 2019. Upendra Kumar Gupta ceased to be Director on 27 Sep 2019. Sidhartha Suri ceased to be Nominee Director on 04 Aug 2017. Tigaksha Metallics has 25 board changes on record in total.
The registered office of Tigaksha Metallics is at Plot No.16 Ram Nagar Industrial Area Gagret Teh – Amb Distt – Una, Himachal Pradesh, India – 177201.
Tigaksha Metallics operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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