About Vijsun Engineers Private Limited
Data last updated:
Vijsun Engineers Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. 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 engineering sector. It was incorporated on 03 September 1990.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN1990PTC057993. Its GSTIN is 27AABCV1124G1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sunil Mohanrao Chavan and Sandipkumar Mohanrao Chavan.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Ahmednagar, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.66 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹87.29 Lakh (net margin -32.8%) and EBITDA of -₹72.43 Lakh (EBITDA margin -27.2%).
As per MCA filings, the company has open charges of ₹5.35 Cr on record. Court records list 27 cases involving the company, including 3 filed by the company and 24 filed against it; 9 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
The last known website on record is vijsunengineers.net.
Company details
CIN history
Vijsun Engineers has one previous CIN (Corporate Identification Number): U29299MH1990PTC057993. The current CIN is U29299PN1990PTC057993, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299PN1990PTC057993 | Current |
| U29299MH1990PTC057993 | Previous |
Contact details
Vijsun Engineers Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is vijsunengineers.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS No 370/2K Kokamthan Nagarmanmal Highway Tal Kaperg, Aon, Ahmednagar, Maharashtra, India
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Vijsun Engineers 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 activity of Vijsun Engineers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Vijsun Engineers Private Limited, buy the company report.
Financials of Vijsun Engineers Private Limited
FY 2016 filings availableVijsun Engineers Private Limited reported revenue of ₹2.66 Cr (down 84% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 84% in the latest year. EBITDA fell 311% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹2.66 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹72.43 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹87.29 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -27.2% | |
| Net Profit Margin | -32.8% | |
| 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 Vijsun Engineers Private Limited, buy the company report.
Board of directors of Vijsun Engineers Private Limited
Vijsun Engineers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Mohanrao Chavan | Director | 03 Sep 1990 | 36 Years 1 Months | As last reported |
| Sandipkumar Mohanrao Chavan | Director | 30 Jun 1993 | 33 Years 3 Months | As last reported |
| Anil Mohanrao Chavan | Director | 30 Jun 1993 | 33 Years 3 Months | As last reported |
Auditor
Vijsun Engineers Private Limited is audited by PRASAD KULKARNI AND ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD KULKARNI AND ASSOCIATES | FY 2016 | 125063W |
Shareholding
The shareholding of Vijsun Engineers Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vijsun Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2009 | 10155333 | Reliance Asset Reconstruction Company Limited | ₹2.5 Cr | Open | |
| 13 Mar 2009 | 10155546 | Reliance Asset Reconstruction Company Limited | ₹2 Cr | Open | |
| 13 Mar 2009 | 10155599 | Reliance Asset Reconstruction Company Limited | ₹85 Lakh | Open |
To see the full charge records of Vijsun Engineers Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Vijsun Engineers Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vijsun Engineers Private Limited has 27 court cases on record: 3 filed by Vijsun Engineers, 24 filed against it. 9 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 23 | 9 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Sundaram Finance Limited | Pending |
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by M/S. Pennar Industries Ltd Rep by A. Bhasker Rao | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by ZKL Bearings (India) Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Sundaram Finance Limited | Disposed |
| District court, Ahmednagar, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Arcelor Mittal Projects India Pvt. Ltd., | Disposed |
To see the full case history of Vijsun Engineers 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
No delayed payments to MSME suppliers are on our record for Vijsun Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vijsun Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV1124G1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vijsun Engineers Private Limited, buy the company report.
Recent activity
Vijsun Engineers Private Limited has 3 board changes on record since 1990: 3 appointments. The latest: Anil Mohanrao Chavan was appointed as Director on 30 Jun 1993.
Frequently asked questions
Vijsun Engineers 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.
Vijsun Engineers is a company under insolvency, formerly operating as a private limited company based in Ahmednagar, Maharashtra, India. The company works in the engineering industry. It was incorporated on 03 September 1990 and is registered under CIN U29299PN1990PTC057993. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vijsun Engineers has 3 current directors:
- Sunil Mohanrao Chavan - Director
- Sandipkumar Mohanrao Chavan - Director
- Anil Mohanrao Chavan - Director
The latest financial statements of Vijsun Engineers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vijsun Engineers is U29299PN1990PTC057993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijsun Engineers has open charges of ₹5.35 Cr and no satisfied charges on record as per latest MCA filings.
Vijsun Engineers has 27 court cases on record: 3 filed by the company and 24 filed against it. 9 are pending. Most are in the district courts.
Vijsun Engineers was incorporated on 03 September 1990. It is registered with the Registrar of Companies, Pune.
Vijsun Engineers has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
Anil Mohanrao Chavan was appointed as Director on 30 Jun 1993. Sandipkumar Mohanrao Chavan was appointed as Director on 30 Jun 1993. Sunil Mohanrao Chavan was appointed as Director on 03 Sep 1990.