About Ub Engineering Limited
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Ub Engineering Limited is a public limited company based in Pune, Maharashtra, 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 engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 12 January 1970.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L32109MH1970PLC014509. Its GSTIN is 16AAACU1363K1ZC (Tripura). The company holds 12 GST registrations, of which 3 are active. It is recorded as listed by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹50.55 Cr and a paid-up capital of ₹17.07 Cr.
Its last annual general meeting (AGM) was held on 22 December 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Sahyadri Sadan Tilak Road Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2016, the company reported a revenue of ₹79.39 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹168.23 Cr (net margin -211.9%) and EBITDA of -₹108.27 Cr (EBITDA margin -136.4%).
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: UB Engineering. As per MCA filings, the company has open charges of ₹1,521.7 Cr and satisfied charges of ₹1,080.34 Cr on record. Court records list 256 cases involving the company, including 100 filed by the company and 156 filed against it; 20 cases are pending. The company has 12 deals on record (11 market trades, 1 rights issue); the latest was in September 2012.
The last known website on record is ubengineering.com.
Company details
Contact details
Ub Engineering Limited's registered office is in Pune, Maharashtra. Its website is ubengineering.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSahyadri Sadan Tilak Road Pune, Maharashtra, India – 411030
- IndustryEngineering, Engineering, Procurement & Construction (EPC), Metal Foundry & Fabrication Services
To see the full contact details of Ub Engineering 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
Ub Engineering operates one associated brand: UB Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of building construction management services | ubengineering.com |
Business activity
The main business activity of Ub Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ub Engineering Limited, buy the company report.
Financials of Ub Engineering Limited
FY 2015 filings availableUb Engineering Limited reported revenue of ₹79.39 Cr (down 34% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. EBITDA rose 5% 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 | ₹79.39 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹108.27 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹168.23 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 | -136.4% | |
| Net Profit Margin | -211.9% | |
| 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 Ub Engineering Limited, buy the company report.
Board of directors of Ub Engineering Limited
Ub Engineering has 18 former directors on record and no current directors listed.
Auditor
Ub Engineering Limited is audited by V P MEHTA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V P MEHTA & CO | FY 2016 | 106326W |
Shareholding
The shareholding of Ub Engineering 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 Ub Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2014 | 10490962 | Corporation Bank | ₹9 Cr | Open | |
| 11 Oct 2013 | 10463754 | Corporation Bank | ₹28 Cr | Open | |
| 11 Jul 2013 | 10444235 | Axis Bank Limited | ₹12 Cr | Open | |
| 26 Jun 2013 | 10443995 | Idbi Bank Limited | ₹14.5 Cr | Open | |
| 18 Oct 2011 | 10316599 | Corporation Bank | ₹26.25 Cr | Open |
To see the full charge records of Ub Engineering Limited, buy the company report.
Total charge records: 37 View all charges
Deals & funding
Ub Engineering Limited has 12 deals on record (11 market trades, 1 rights issue); the latest was in September 2012.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2012 | Market trade | ₹47.4 Lakh | Buyer: Crosseas Capital Markets Private Limited Seller: Crosseas Capital Markets Private Limited |
| Aug 2010 | Market trade | ₹4.37 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
| Jan 2010 | Market trade | ₹1.14 Cr | Seller: Chakan Investment Private Limited |
| Aug 2007 | Market trade | ₹1.54 Cr | Buyer: JMP Securities Private Limited , an individual Seller: JMP Securities Private Limited , an individual |
| May 2005 | Market trade | ₹16.3 Lakh | Buyer: SPG Capital Research Private Limited |
To see the full deal history of Ub Engineering Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ub Engineering Limited has 256 court cases on record: 100 filed by Ub Engineering, 156 filed against it. 20 cases are pending and 236 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 164 | 79 | 7 |
| District courts | 85 | 73 | 13 |
| Supreme Court | 6 | 3 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 256)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Marinotrans Logistics Pvt.Ltd. | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.Bharat Heavy Electricals Limited, and 1 other | Disposed |
| Supreme Court | Court case (1001-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters relating to winding up) | Filed against the company by United Breweries (Holdings) Limited Represented by Its Erstwhile Director Manmohan Singh Kapur Ub Tower, Level 12, Ub City, 24, Vittal Mallya Road, ,Bangalore , Karnataka | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Bharat Heavy Electricals Limited | Disposed |
| High Court of Karnataka | Court case (OSA) | Filed against the company by United Breweries (Holdings) Limited | Disposed |
To see the full case history of Ub Engineering 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 Ub Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ub Engineering has 12 GST registrations: 3 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 16AAACU1363K1ZC | Tripura | Active | 01 Jul 2017 |
| 19AAACU1363K1Z6 | West Bengal | Active | 01 Jul 2017 |
| 03AAACU1363K2ZI | Punjab | Active | 21 Sep 2017 |
To see the full GST registrations and return filing status of Ub Engineering Limited, buy the company report.
Recent activity
Ub Engineering Limited has 34 board changes on record since 1988: 17 appointments and 17 cessations. The latest: Jagdish Kumar Sardana ceased to be Managing Director on 30 May 2017.
100 earlier events are in the company report.
Frequently asked questions
Ub Engineering 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.
Ub Engineering is a company under liquidation, formerly operating as a public limited company based in Pune, Maharashtra, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 12 January 1970 and is registered under CIN L32109MH1970PLC014509. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The latest financial statements of Ub Engineering on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 22 December 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ub Engineering is L32109MH1970PLC014509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ub Engineering is recorded as a listed company by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
Ub Engineering has open charges of ₹1,521.7 Cr and satisfied charges of ₹1,080.34 Cr as per latest MCA filings.
Ub Engineering has 256 court cases on record: 100 filed by the company and 156 filed against it. 20 are pending. Most are in the high courts.
Ub Engineering was incorporated on 12 January 1970. It is registered with the Registrar of Companies, Pune.
Ub Engineering has 12 deals on record (11 market trades, 1 rights issue); the latest was in September 2012.
Jagdish Kumar Sardana ceased to be Managing Director on 30 May 2017. Tushita Patel ceased to be Director on 18 Jan 2017. Srinivasulu Reddy Magunta ceased to be Director on 05 Apr 2016. Ub Engineering has 34 board changes on record in total.
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