Utech Engineering Works (India) Pvt Ltd
About Utech Engineering Works (India) Pvt Ltd
Data last updated:
Utech Engineering Works (India) Pvt Ltd is a private 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 process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 August 1991.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27110MH1991PTC062977. Its GSTIN is 27AAACU2223N1ZA (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Ashwini Ravindra Birole and Rajesh Shevantilal Shah (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 2055 Sadashiv Peth Anant Residency Tilak Road Nr. Hotel Girija Fl No 101& 102, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.44 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹56.12 Lakh (net margin -10.3%) and EBITDA of ₹1.65 Cr (EBITDA margin 30.3%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
As per MCA filings, the company has open charges of ₹11.9 Cr and satisfied charges of ₹3.9 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Utech Engineering Works (India) Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2055 Sadashiv Peth Anant Residency Tilak Road Nr. Hotel Girija Fl No 101& 102, Pune, Maharashtra, India – 411030
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Utech Engineering Works (India) Pvt Ltd, 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 Utech Engineering Works (India) 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 Utech Engineering Works (India) Pvt Ltd, buy the company report.
Financials of Utech Engineering Works (India) Pvt Ltd
FY 2019 filings availableUtech Engineering Works (India) Pvt Ltd reported revenue of ₹5.44 Cr (down 47% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 47% fall in the latest year. EBITDA fell 1% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.3% | ||||
| Net Profit Margin | -10.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Utech Engineering Works (India) Pvt Ltd, buy the company report.
Board of directors of Utech Engineering Works (India) Pvt Ltd
Utech Engineering Works (India) 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 |
|---|---|---|---|---|
| Ashwini Ravindra Birole | Director | 16 Aug 1991 | 35 Years 2 Months | As last reported |
| Rajesh Shevantilal Shah Also directs: Asscher Enterprises Limited, Verolt Technologies Private Limited | Irp/Rp/Liquidator | 04 Aug 2025 | 1 Years 2 Months | As last reported |
| Ravindra Purushottam Birole | Director | 16 Aug 1991 | 35 Years 2 Months | As last reported |
Auditor
Utech Engineering Works (India) Pvt Ltd is audited by RUPANAWAR B M & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUPANAWAR B M & CO | FY 2019 | 124049W |
Shareholding
The shareholding of Utech Engineering Works (India) Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Utech Engineering Works (India) Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2013 | 10471752 | Janaseva Sahakari Bank Limited Pune | ₹4 Cr | Open | |
| 07 Nov 2012 | 10391977 | Janaseva Sahakari Bank Limited | ₹25 Lakh | Open | |
| 03 Mar 2009 | 10197471 | Janaseva Sahakari Bank Limited | ₹65 Lakh | Open | |
| 16 Aug 2006 | 10197469 | Others | ₹7 Cr | Open | |
| 27 Oct 2008 | 10132691 | The Vishweshwar Sahakari Bank Limited Pune | ₹24.43 Lakh | Satisfied |
To see the full charge records of Utech Engineering Works (India) Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Utech Engineering Works (India) Pvt Ltd has 2 court cases on record: 1 filed by Utech Engineering Works (India), 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Karmayogi Shankaraoji Patil Sahakari Sakhar Karkhana Ltd | Pending |
| District court, Sangli, Maharashtra | Civil suit | Filed against the company by Y.U.Tenologis Pvt.Ltd.,Through Maithali Udhav Dalavi | Disposed |
To see the full case history of Utech Engineering Works (India) Pvt Ltd, 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 Utech Engineering Works (India) Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Utech Engineering Works (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU2223N1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Utech Engineering Works (India) Pvt Ltd, buy the company report.
Recent activity
Utech Engineering Works (India) Pvt Ltd has 3 board changes on record since 1991: 3 appointments. The latest: Rajesh Shevantilal Shah was appointed as Irp/Rp/Liquidator on 04 Aug 2025.
5 earlier events are in the company report.
Frequently asked questions
Utech Engineering Works (India) 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.
Utech Engineering Works (India) is a company under liquidation, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 16 August 1991 and is registered under CIN U27110MH1991PTC062977. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Utech Engineering Works (India) has 3 current directors:
- Ashwini Ravindra Birole - Director
- Ravindra Purushottam Birole - Director
- Rajesh Shevantilal Shah - Irp/Rp/Liquidator
The latest financial statements of Utech Engineering Works (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Utech Engineering Works (India) is U27110MH1991PTC062977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utech Engineering Works (India) has open charges of ₹11.9 Cr and satisfied charges of ₹3.9 Cr as per latest MCA filings.
Utech Engineering Works (India) has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Utech Engineering Works (India) was incorporated on 16 August 1991. It is registered with the Registrar of Companies, Pune.
Rajesh Shevantilal Shah was appointed as Irp/Rp/Liquidator on 04 Aug 2025. Ashwini Ravindra Birole was appointed as Director on 16 Aug 1991. Ravindra Purushottam Birole was appointed as Director on 16 Aug 1991.
The registered office of Utech Engineering Works (India) is at 2055 Sadashiv Peth Anant Residency Tilak Road Nr. Hotel Girija Fl No 101& 102, Pune, Maharashtra, India – 411030.