- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0003619

About Time Equipment Private Limited
Data last updated:
Time Equipment Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 28 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120HR2008PTC037762. Its GSTIN is 06AACCT8996K1ZJ (Haryana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹63.32 Lakh. It is led by directors including Satish Parnami and Vishal Parnami.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 5G And 5H Additional Industrial Area Mathura Road, Faridabad, Haryana, India – 121006.
As per the financials filed for FY 2025, the company reported a revenue of ₹202.64 Cr. For the same year it recorded a net profit of ₹50.43 Lakh (net margin 0.2%) and EBITDA of ₹9.13 Cr (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Timeequipment. As per MCA filings, the company has open charges of ₹84.43 Cr and satisfied charges of ₹23.09 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it; 5 cases are pending.
Time Equipment Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0003619). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website timeequipment.co.in.
Company details
Recognitions & Rankings of Time Equipment
Contact details
Time Equipment Private Limited's registered office is in Faridabad, Haryana. Its website is timeequipment.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 5G And 5H Additional Industrial Area Mathura Road, Faridabad, Haryana, India – 121006
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Time Equipment 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
Brands
Time Equipment operates one associated brand: Timeequipment. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes Tata Hitachi construction equipment to businesses. | timeequipment.co.in |
Business activity
The main business activity of Time Equipment is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Time Equipment Private Limited, buy the company report.
Financials of Time Equipment Private Limited
FY 2024 filings availableTime Equipment Private Limited reported revenue of ₹202.64 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years. EBITDA rose 31% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.13 Cr | ||||
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| Net Profit (PAT) | ₹50.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Time Equipment Private Limited, buy the company report.
Board of directors of Time Equipment Private Limited
Time Equipment has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Parnami | Director | 07 Jul 2008 | 18 Years 3 Months | Current |
| Vishal Parnami | Director | 28 Mar 2008 | 18 Years 7 Months | Current |
| Sachin Chilana | Director | 28 Mar 2008 | 18 Years 7 Months | Current |
Auditor
Time Equipment Private Limited is audited by DHAWAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHAWAN & ASSOCIATES | FY 2022 | 09813N |
Shareholding
The shareholding of Time Equipment Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Time Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2025 | 101199769 | Hdfc Bank Limited | ₹62.07 Lakh | Open | |
| 17 Oct 2025 | 101179815 | Others | ₹58.8 Lakh | Open | |
| 31 Aug 2025 | 101183914 | Axis Bank Limited | ₹1.97 Cr | Open | |
| 30 Jul 2025 | 101149566 | Others | ₹1.7 Cr | Open | |
| 30 Jul 2025 | 101149562 | Others | ₹3.46 Cr | Open |
To see the full charge records of Time Equipment Private Limited, buy the company report.
Total charge records: 69 View all charges
Legal cases
Time Equipment Private Limited has 18 court cases on record: 8 filed by Time Equipment, 10 filed against it. 5 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 9 | 4 |
| High courts | 3 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Transport Corporation of India Limited and 3 others | Pending |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Lotus Greens Developers Pvt. Ltd. | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S BLR Logistiks India Ltd., | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Time Equipment 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 Time Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Time Equipment has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Time Autotech Private Limited | U50100HR2011PTC042101 |
To see the full group structure of Time Equipment Private Limited, buy the company report.
GST
Time Equipment has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCT8996K1ZJ | Haryana | Active | 01 Jul 2017 |
| 09AACCT8996K1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Time Equipment Private Limited, buy the company report.
Recent activity
Time Equipment Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Satish Parnami was appointed as Director on 07 Jul 2008.
87 earlier events are in the company report.
Frequently asked questions
Time Equipment is an active private limited company based in Faridabad, Haryana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 28 March 2008 (18+ years old) and is registered under CIN U74120HR2008PTC037762.
Time Equipment has 3 current directors:
- Satish Parnami - Director
- Vishal Parnami - Director
- Sachin Chilana - Director
The latest financial statements of Time Equipment on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Time Equipment is 06AACCT8996K1ZJ, registered in Haryana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 09AACCT8996K1ZD (Uttar Pradesh).
The CIN (Corporate Identification Number) of Time Equipment is U74120HR2008PTC037762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Time Equipment has 18 court cases on record: 8 filed by the company and 10 filed against it. 5 are pending. Most are in the district courts.
Time Equipment was incorporated on 28 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Satish Parnami was appointed as Director on 07 Jul 2008. Sachin Chilana was appointed as Director on 28 Mar 2008. Vishal Parnami was appointed as Director on 28 Mar 2008.
Yes, Time Equipment is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-03-0003619).
Time Equipment can be reached through the website timeequipment.co.in. Its registered office is in Faridabad, Haryana, India.

