About Tung Builders Private Limited
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Tung Builders Private Limited is a private limited company based in Gurdaspur, Punjab, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 08 December 2014.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45209PB2014PTC039094. Its GSTIN is 03AAFCT2079L2Z5 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Lakhwinder Singh and Deepak Thukral (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kahnuwan Chownk Near Sita Ram Petrol Pump Batala Road, Gurdaspur, Punjab, India – 143521.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.34 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹4.94 Cr (net margin -23.1%) and EBITDA of -₹2.73 Cr (EBITDA margin -12.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 11% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.99 Cr on record. Court records list 42 cases involving the company, including 20 filed by the company and 22 filed against it; 4 cases are pending.
The last known website on record is tungbuilders.com.
Company details
Contact details
Tung Builders Private Limited's registered office is in Gurdaspur, Punjab. Its website is tungbuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKahnuwan Chownk Near Sita Ram Petrol Pump Batala Road, Gurdaspur, Punjab, India – 143521
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Tung Builders 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 Tung Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Tung Builders Private Limited, buy the company report.
Financials of Tung Builders Private Limited
FY 2023 filings availableTung Builders Private Limited reported revenue of ₹21.34 Cr (down 67% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 181% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.94 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.8% | ||||
| Net Profit Margin | -23.1% | ||||
| 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 Tung Builders Private Limited, buy the company report.
Board of directors of Tung Builders Private Limited
Tung Builders has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakhwinder Singh | Director | 08 Dec 2014 | 11 Years 10 Months | As last reported |
| Deepak Thukral Also directs: Ducturus Resolution Professionals Private Limited | Irp/Rp/Liquidator | 13 May 2025 | 1 Years 5 Months | As last reported |
| Sukhwinder Singh | Director | 29 Jun 2023 | 3 Years 3 Months | As last reported |
Auditor
Tung Builders Private Limited is audited by Anil Vasudeva & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil Vasudeva & Co | FY 2023 | 005947N |
Shareholding
The shareholding of Tung Builders 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tung Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2022 | 100600704 | Hdfc Bank Limited | ₹37.18 Lakh | Open | |
| 28 Mar 2022 | 100560708 | Tata Capital Financial Services Limited | ₹24.4 Lakh | Open | |
| 08 Mar 2022 | 100558707 | Others | ₹33.5 Lakh | Open | |
| 08 Mar 2022 | 100558703 | Others | ₹33.5 Lakh | Open | |
| 17 Sep 2021 | 100485194 | Others | ₹35.36 Lakh | Open |
To see the full charge records of Tung Builders Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Tung Builders Private Limited has 42 court cases on record: 20 filed by Tung Builders, 22 filed against it. 4 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 20 | 2 |
| High courts | 19 | 1 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rohtak, Haryana | Arbitration matter | Filed against the company by Cholamandalam Investment and Finance Company Ltd. | Disposed |
| District court, Mohali, Punjab | Execution petition | Filed against the company by M/S Pranav Doors and Windows Private Limited | Disposed |
| District court, Patiala, Punjab | Civil suit | Filed against the company by Electro Power Green Solutions LLP | Disposed |
| District court, Amritsar, Punjab | Arbitration matter | Filed against the company by Tata Motors Finance Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by M/S Fortune Metals Ltd | Disposed |
To see the full case history of Tung Builders 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 Tung Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tung Builders Private Limited has a workforce of 6 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Tung Builders has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCT2079L2Z5 | Punjab | Active | 01 May 2025 |
To see the full GST registrations and return filing status of Tung Builders Private Limited, buy the company report.
Recent activity
Tung Builders Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Deepak Thukral was appointed as Irp/Rp/Liquidator on 13 May 2025.
6 earlier events are in the company report.
Frequently asked questions
Tung Builders 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.
Tung Builders is a company under insolvency, formerly operating as a private limited company based in Gurdaspur, Punjab, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 08 December 2014 and is registered under CIN U45209PB2014PTC039094. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Tung Builders has 3 current directors:
- Lakhwinder Singh - Director
- Sukhwinder Singh - Director
- Deepak Thukral - Irp/Rp/Liquidator
The latest financial statements of Tung Builders on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Tung Builders is U45209PB2014PTC039094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tung Builders has open charges of ₹15.99 Cr and no satisfied charges on record as per latest MCA filings.
Tung Builders has 42 court cases on record: 20 filed by the company and 22 filed against it. 4 are pending. Most are in the district courts.
Tung Builders was incorporated on 08 December 2014. It is registered with the Registrar of Companies, Chandigarh.
Deepak Thukral was appointed as Irp/Rp/Liquidator on 13 May 2025. Sukhwinder Singh was appointed as Director on 29 Jun 2023. Simrandeep Singh ceased to be Director on 02 May 2023. Tung Builders has 4 board changes on record in total.
Tung Builders can be reached through the website tungbuilders.com. Its registered office is in Gurdaspur, Punjab, India.