Urban Transit Private Limited
About Urban Transit Private Limited
Data last updated:
Urban Transit Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Scomi Engineering Berhad. 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 04 December 2008.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2008FTC188648. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹89 Cr and a paid-up capital of ₹86.5 Cr. It is led by directors Roshan Anthonysamy Stanislaus and Kanesan Veluppillai.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹21.58 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹10.51 Cr (net margin -48.7%) and EBITDA of ₹1.34 Cr (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 197 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹183 Cr and satisfied charges of ₹100 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 5 cases are pending. The company has 8 deals on record (7 funding rounds, 1 rights issue), with disclosed funding of ₹86.13 Cr; the latest was in June 2018.
Company details
Contact details
Urban Transit Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No. A – 305 3rd Floor Western Edge II Village Magathane Western Express Highway Boriv, Ali (East), Mumbai, Maharashtra, India – 400066
- IndustryInfrastructure and Utilities, General Construction Services
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- 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 activities of Urban Transit are construction, support service to organizations and trade. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | |
| N | Support service to Organizations | N7 | Other support services to organizations | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Urban Transit Private Limited, buy the company report.
Financials of Urban Transit Private Limited
FY 2018 filings availableUrban Transit Private Limited reported revenue of ₹21.58 Cr (down 40% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 40% fall in the latest year. EBITDA fell 36% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹21.58 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.34 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10.51 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.2% | |||
| Net Profit Margin | -48.7% | |||
| 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 Urban Transit Private Limited, buy the company report.
Board of directors of Urban Transit Private Limited
Urban Transit has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshan Anthonysamy Stanislaus | Director | 01 Mar 2017 | 9 Years 8 Months | As last reported |
| Kanesan Veluppillai | Director | 29 Dec 2008 | 17 Years 10 Months | As last reported |
Auditor
Urban Transit Private Limited is audited by B S R & Co. LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2018 | 101248W/W100022 |
Shareholding
The shareholding of Urban Transit Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Urban Transit Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2012 | 10348410 | Others | ₹100 Cr | Open | |
| 08 Aug 2009 | 10179587 | Axis Bank Limited | ₹83 Cr | Open | |
| 02 Jul 2011 | 10298266 | Corporation Bank | ₹100 Cr | Satisfied |
To see the full charge records of Urban Transit Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Urban Transit Private Limited has 8 deals on record (7 funding rounds, 1 rights issue), with disclosed funding of ₹86.13 Cr; the latest was in June 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Rights issue | ₹36.4 Lakh | Investors: an individual |
| Mar 2017 | Funding round | ₹51.4 Lakh | Investors: an individual |
| Aug 2015 | Funding round | ₹16.21 Cr | Investors: an individual |
| Sep 2012 | Funding round | ₹20.12 Cr | Investors: an individual |
| Apr 2011 | Funding round | ₹15.5 Cr | Investors: an individual |
To see the full deal history of Urban Transit Private 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
Urban Transit Private Limited has 9 court cases on record: 9 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
| High courts | 2 | 2 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by M/S. Avion Exim Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Hitachi Rail STS India Private Limited and Anr. | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Hitachi Rail STS India Private Limited and Anr. and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Yes Bank Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by M/S. Avion Exim Pvt Ltd | Pending |
To see the full case history of Urban Transit 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.
Credit ratings & regulatory alerts
Urban Transit Private Limited was last rated by Care on 30 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Jun 2022 |
To see the full credit ratings and regulatory alerts of Urban Transit Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Urban Transit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Urban Transit Private Limited has a workforce of 197 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Urban Transit 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 Urban Transit Private Limited, buy the company report.
Recent activity
Urban Transit Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Mohamed Suhaimi Bin Yaacob ceased to be Director on 01 Mar 2018.
8 earlier events are in the company report.
Frequently asked questions
Urban Transit 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.
Urban Transit is a company under liquidation, formerly operating as a foreign private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 04 December 2008 and is registered under CIN U63030MH2008FTC188648. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Urban Transit has 2 current directors:
- Roshan Anthonysamy Stanislaus - Director
- Kanesan Veluppillai - Director
The latest financial statements of Urban Transit on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Urban Transit is U63030MH2008FTC188648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Urban Transit has open charges of ₹183 Cr and satisfied charges of ₹100 Cr as per latest MCA filings.
Urban Transit has 9 court cases on record: 9 filed against it. 5 are pending. Most are in the district courts.
Urban Transit was incorporated on 04 December 2008. It is registered with the Registrar of Companies, Mumbai.
Urban Transit has 8 deals on record (7 funding rounds, 1 rights issue), with disclosed funding of ₹86.13 Cr; the latest was in June 2018.
Mohamed Suhaimi Bin Yaacob ceased to be Director on 01 Mar 2018. Roshan Anthonysamy Stanislaus ceased to be Additional Director on 30 Sep 2017. Roshan Anthonysamy Stanislaus was appointed as Director on 01 Mar 2017. Urban Transit has 11 board changes on record in total.
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