About Uttam Cylinders Private Limited
Data last updated:
Uttam Cylinders Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Uttam Medical & Safety Llp. 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 industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 20 November 2008.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28113DL2008PTC185064. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.69 Cr. It was formerly known as Luxfer Uttam India Private Limited. It is led by directors including Karan Bhatia (Managing Director) and Sudha Bhatia.
Its last annual general meeting (AGM) was held on 28 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at G – 15 Ground Floor G.K. House, 187 – A Sant Nagar East Of Kailash, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2023, the company reported a revenue of ₹175.29 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹7.05 Cr (net margin 4%) and EBITDA of ₹15.89 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 40% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹80 Cr and satisfied charges of ₹39.4 Cr on record. Court records list 20 cases involving the company, including 1 filed by the company and 19 filed against it; 14 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.68 Cr; the latest was in July 2020. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 micro and small suppliers.
The last known website on record is luxferuttam.com.
Company details
Name history
Uttam Cylinders has undergone 2 name changes throughout its history. The company was previously known as Uttam Cylinders Private Limited, and Luxfer Uttam India Private Limited. The current legal name is Uttam Cylinders Private Limited.
| Company Name | Status |
|---|---|
| Uttam Cylinders Private Limited | Current |
| Luxfer Uttam India Private Limited | Previous |
Contact details
Uttam Cylinders Private Limited's registered office is in New Delhi, Delhi. Its website is luxferuttam.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressG – 15 Ground Floor G.K. House, 187 – A Sant Nagar East Of Kailash, New Delhi, Delhi, India – 110065
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Uttam Cylinders 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 activities of Uttam Cylinders are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Uttam Cylinders Private Limited, buy the company report.
Financials of Uttam Cylinders Private Limited
FY 2023 filings availableUttam Cylinders Private Limited reported revenue of ₹175.29 Cr (down 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 33% 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 | ₹175.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 9.1% | ||||
| Net Profit Margin | 4% | ||||
| 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 Uttam Cylinders Private Limited, buy the company report.
Board of directors of Uttam Cylinders Private Limited
Uttam Cylinders has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Bhatia Also directs: Uttam Medical & Safety LLP, Uttam Super Brands LLP, Uttam Air Products Pvt.Ltd. and 2 more | Managing Director | 20 Nov 2008 | 17 Years 11 Months | As last reported |
| Aanchal Bhatia | Nominee Director | 20 Nov 2008 | 17 Years 11 Months | As last reported |
| Sudha Bhatia | Director | 10 Jul 2020 | 6 Years 3 Months | As last reported |
| Rajesh Ramnani Also directs: SMC Credits Limited., GVP Infotech Limited, GKC Management Services Private Limited and 1 more | Irp/Rp/Liquidator | 26 Nov 2025 | 0 Years 10 Months | As last reported |
Auditor
Uttam Cylinders Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Uttam Cylinders 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 Uttam Cylinders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2023 | 100834904 | Others | ₹15 Cr | Open | |
| 12 Jul 2023 | 100745017 | Tata Capital Financial Services Limited | ₹25 Cr | Open | |
| 27 Jul 2020 | 100359594 | Others | ₹40 Cr | Open | |
| 06 Apr 2022 | 100566595 | Standard Chartered Bank | ₹25 Cr | Satisfied | |
| 26 Dec 2019 | 100315239 | Others | ₹10.5 Cr | Satisfied |
To see the full charge records of Uttam Cylinders Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Uttam Cylinders Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.68 Cr; the latest was in July 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: Uttam Medical & Safety LLP Seller: Luxfer Gas Cylinders Limited |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: Uttam Medical & Safety LLP Seller: Uttam Air Products Pvt.Ltd. |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Uttam Medical & Safety LLP Seller: Uttam Medical Concierge Private Limited |
| Dec 2011 | Funding round | ₹7.9 Cr | Investors: Luxfer Gas Cylinders Limited, Uttam Medical & Safety LLP , Uttam Air Products Pvt.Ltd. |
| Dec 2009 | Funding round | ₹3.78 Cr | Investors: Luxfer Gas Cylinders Limited, Uttam Air Products Pvt.Ltd. , Uttam Medical Concierge Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Uttam Cylinders Private Limited has 20 court cases on record: 1 filed by Uttam Cylinders, 19 filed against it. 14 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 13 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Tata Capital Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Axis Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Unity Small Finance Bank Limited. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
To see the full case history of Uttam Cylinders 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
Uttam Cylinders Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| CTC Freight Carriers India Private Limited | |||
| Greytip Software Private Limited |
To see the full MSME payment records of Uttam Cylinders Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Uttam Cylinders Private Limited has a workforce of 38 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Uttam Cylinders 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 Uttam Cylinders Private Limited, buy the company report.
Recent activity
Uttam Cylinders Private Limited has 21 board changes on record since 2008: 4 appointments and 17 cessations. The latest: Rajesh Ramnani was appointed as Irp/Rp/Liquidator on 26 Nov 2025.
22 earlier events are in the company report.
Frequently asked questions
Uttam Cylinders 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.
Uttam Cylinders is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 20 November 2008 and is registered under CIN U28113DL2008PTC185064. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Uttam Cylinders has 4 current directors:
- Karan Bhatia - Managing Director
- Aanchal Bhatia - Nominee Director
- Sudha Bhatia - Director
- Rajesh Ramnani - Irp/Rp/Liquidator
The latest financial statements of Uttam Cylinders on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 December 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Uttam Cylinders is U28113DL2008PTC185064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Uttam Cylinders has open charges of ₹80 Cr and satisfied charges of ₹39.4 Cr as per latest MCA filings.
Uttam Cylinders has 20 court cases on record: 1 filed by the company and 19 filed against it. 14 are pending. Most are in the district courts.
Uttam Cylinders was incorporated on 20 November 2008. It is registered with the Registrar of Companies, Delhi.
Uttam Cylinders has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.68 Cr; the latest was in July 2020.
Rajesh Ramnani was appointed as Irp/Rp/Liquidator on 26 Nov 2025. Ravi Chander Makhanlal Kaul ceased to be Additional Director on 30 Nov 2021. Shreenath Mishra ceased to be Additional Director on 30 Nov 2021. Uttam Cylinders has 21 board changes on record in total.
Uttam Cylinders has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 01 Jun 2019.