About Versatile Metal Concepts Pvt Ltd
Data last updated:
Versatile Metal Concepts Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 October 1988.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U27104WB1988PTC045426. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16 Lakh. It was led by directors Lokesh Khemka and Pushpalata Khemka.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 11A Rawdon Street 3rd Floor Rawdon Chambers, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2022, the company reported a revenue of ₹41,996, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹2.32 Lakh and EBITDA of -₹2.32 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 38% over five years.
As per MCA filings, the company had satisfied charges of ₹93.73 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is versatilewires.com.
Company details
Contact details
Versatile Metal Concepts Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is versatilewires.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11A Rawdon Street 3rd Floor Rawdon Chambers, Kolkata, West Bengal, India – 700017
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Versatile Metal Concepts 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
Financials of Versatile Metal Concepts Pvt Ltd
FY 2022 filings availableVersatile Metal Concepts Pvt Ltd reported revenue of ₹41,996 (down 28% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 28% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41,996 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.32 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Versatile Metal Concepts Pvt Ltd, buy the company report.
Board of directors of Versatile Metal Concepts Pvt Ltd
Versatile Metal Concepts has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lokesh Khemka Also directs: Versatile Wires Ltd | Director | 26 Oct 1988 | 38 Years 0 Months | As last reported |
| Pushpalata Khemka | Additional Director | 10 Dec 2022 | 3 Years 10 Months | As last reported |
Auditor
Versatile Metal Concepts Pvt Ltd is audited by DAMANI GUPTA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAMANI GUPTA & CO. | FY 2022 | 326531E |
Shareholding
The shareholding of Versatile Metal Concepts Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Versatile Metal Concepts Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 1989 | 80059029 | Allahabad Bank | ₹93.73 Lakh | Satisfied |
To see the full charge records of Versatile Metal Concepts Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Versatile Metal Concepts Pvt Ltd has 2 court cases on record: 2 filed by Versatile Metal Concepts. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against C.E.S.C. Ltd. | Disposed |
To see the full case history of Versatile Metal Concepts 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 Versatile Metal Concepts Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Versatile Metal Concepts 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 Versatile Metal Concepts Pvt Ltd, buy the company report.
Recent activity
Versatile Metal Concepts Pvt Ltd has 4 board changes on record since 1988: 2 appointments and 2 cessations. The latest: Sriram Khemka ceased to be Director on 16 Dec 2022.
Frequently asked questions
Versatile Metal Concepts has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Versatile Metal Concepts was a private limited company based in Kolkata, West Bengal, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 26 October 1988 and is registered under CIN U27104WB1988PTC045426. The company has been struck off by the Registrar of Companies and is no longer operational.
Versatile Metal Concepts had 2 directors:
- Lokesh Khemka - Director
- Pushpalata Khemka - Additional Director
The CIN (Corporate Identification Number) of Versatile Metal Concepts is U27104WB1988PTC045426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Versatile Metal Concepts is at 11A Rawdon Street 3rd Floor Rawdon Chambers, Kolkata, West Bengal, India – 700017.
Versatile Metal Concepts was incorporated on 26 October 1988. It is registered with the Registrar of Companies, Kolkata.
Versatile Metal Concepts can be reached through the website versatilewires.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Versatile Metal Concepts on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Versatile Metal Concepts has 1 GST registration on record and it is cancelled or inactive.
Versatile Metal Concepts operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
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