About Victor Gaskets India Limited
Data last updated:
Victor Gaskets India Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Asia Investments Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 19 July 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29117MH2001PLC390895. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3.18 Cr and a paid-up capital of ₹3.06 Cr. It was led by directors including Shankar Muguru Srikantiah and Mahendra Kumar Goyal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.39 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹65.35 Lakh (net margin -19.3%) and EBITDA of -₹23.76 Lakh (EBITDA margin -7%). Revenue has declined at a compounded annual rate (CAGR) of 45% over five years.
As per MCA filings, the company had satisfied charges of ₹130.31 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The last known website on record is victorgasketsindia.com.
Company details
CIN history
Victor Gaskets India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29117MH2001PLC390895, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29117MH2001PLC390895 | Current |
| U29117PN2001PLC018092 | Previous |
| U29117PN2003PLC018092 | Previous |
Contact details
Victor Gaskets India Limited's registered office is in Mumbai, Maharashtra. Its website is victorgasketsindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address10 & 15 Floor – Grd Fl Plot – Cs 1487 Prasad Chamber Tata Road No 2 Roxy Cinema Opera House G, Irgaon, Mumbai, Maharashtra, India – 400004
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Victor Gaskets India 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
Financials of Victor Gaskets India Limited
FY 2022 filings availableVictor Gaskets India Limited reported revenue of ₹3.39 Cr (down 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 5% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.39 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹65.35 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7% | ||||
| Net Profit Margin | -19.3% | ||||
| 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 Victor Gaskets India Limited, buy the company report.
Board of directors of Victor Gaskets India Limited
Victor Gaskets India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Muguru Srikantiah | Director | 25 Jul 2012 | 14 Years 3 Months | As last reported |
| Mahendra Kumar Goyal Also directs: Gabriel India Limited, SK Enmove Gabriel India Private Limited, Henkel Anand India Private Limited and 5 more | Director | 08 Feb 2010 | 16 Years 8 Months | As last reported |
| Rajendra Kumar Jain Also directs: Anand Cy Myutec Automotive Private Limited | Director | 24 Aug 2015 | 11 Years 2 Months | As last reported |
Auditor
Victor Gaskets India Limited is audited by B K KHARE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K KHARE & CO | FY 2019 | 105102W |
Shareholding
The shareholding of Victor Gaskets India Limited 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 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Victor Gaskets India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2012 | 10395728 | Tata Capital Financial Services Limited | ₹116.82 Cr | Satisfied | |
| 15 Feb 2011 | 10279851 | The Hongkong Shanghai Banking Corporation Limited | ₹4 Cr | Satisfied | |
| 21 Nov 2008 | 10137273 | Axis Bank Limited | ₹4 Cr | Satisfied | |
| 04 Jan 2002 | 90085973 | Union Bank of India | ₹5.49 Cr | Satisfied |
To see the full charge records of Victor Gaskets India Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Victor Gaskets India Limited has 6 court cases on record: 5 filed by Victor Gaskets India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Jain Motor Co. Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Jain Motar Company | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sahni Autocomponents Private Ltd. | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Jain Motor Company | Disposed |
To see the full case history of Victor Gaskets India 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 Victor Gaskets India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Victor Gaskets India has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Victor Gaskets India Limited, buy the company report.
Recent activity
Victor Gaskets India Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Mahendra Kumar Goyal ceased to be Director on 31 Aug 2022.
16 earlier events are in the company report.
Frequently asked questions
Victor Gaskets India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Victor Gaskets India was a public limited company based in Mumbai, Maharashtra, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 19 July 2001 and is registered under CIN U29117MH2001PLC390895. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Victor Gaskets India was incorporated on 19 July 2001. It is registered with the Registrar of Companies, Mumbai.
Victor Gaskets India had 3 directors:
- Shankar Muguru Srikantiah - Director
- Mahendra Kumar Goyal - Director
- Rajendra Kumar Jain - Director
The CIN (Corporate Identification Number) of Victor Gaskets India is U29117MH2001PLC390895. 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 Victor Gaskets India is at 10 & 15 Floor – Grd Fl Plot – Cs 1487 Prasad Chamber Tata Road No 2 Roxy Cinema Opera House G, Irgaon, Mumbai, Maharashtra, India – 400004.
Victor Gaskets India can be reached through the website victorgasketsindia.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Victor Gaskets India 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. Victor Gaskets India has 10 GST registrations on record and all of them are cancelled or inactive.
Victor Gaskets India operated in the automotive industry, in the auto parts and components segment.