Babanraoji Shinde Sugar & Allied Industries Limited

Produces sugar and allied products with a 5000 TCD sugar plant and 25 MW co-generation unit.

2011 | Solapur, Maharashtra (India) | Active
Last Updated: January 09, 2025

Babanraoji Shinde Sugar & Allied Industries Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 50.84 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 911.51 Cr
  • Satisfied Charges ₹ 314.82 Cr
  • Revenue Growth 25.31%
  • Profit Growth -304.02%
  • Ebitda -58.90%
  • Net Worth -25.91%
  • Total Assets 12.57%

About Babanraoji Shinde Sugar & Allied Industries

Babanraoji Shinde Sugar & Allied Industries Limited (BSSAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 January 2011 and has a history of 14 years and one month. Its registered office is in Solapur, Maharashtra, India.

The Corporate was formerly known as Indian Sugars (Madha) Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 70.00 Cr and a paid-up capital of Rs 50.84 Cr.

The company currently has active open charges totaling ₹911.51 Cr. The company has closed loans amounting to ₹314.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Babanraoji Shinde Sugar & Allied Industries Limited India is Shahaji Giram as CFO. Mahesh Balsaraf, Ravindra Shinde, Santosh Marathe, and Two other members serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15420PN2011PLC138268

  • Company No.

    138268

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 2011

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

Who are the key members and board of directors at Babanraoji Shinde Sugar & Allied Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Shahaji Giram CFO01-Apr-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Mahesh Balsaraf Country flag representing In Additional Director 23-Mar-2022Current
Ravindra Shinde Country flag representing In Additional Director 15-Feb-2022Current
Santosh Marathe Country flag representing In Director 31-May-2024Current
Pranita Shinde Country flag representing In Director 01-Feb-2023Current
Santosh Garad Country flag representing In Director 13-Jan-2011Current

Financial Performance of Babanraoji Shinde Sugar & Allied Industries.

Babanraoji Shinde Sugar & Allied Industries Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 25.31% increase. The company also saw a substantial fall in profitability, with a 304.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.31%
Revenue from Operations
32.58%
Total Assets
12.57%
Profit or Loss
-304.02%
Net Worth
-25.91%
EBITDA
-58.90%

What is the Ownership and Shareholding Structure of Babanraoji Shinde Sugar & Allied Industries?

In 2019, Babanraoji Shinde Sugar & Allied Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹911.51 Cr

Satisfied Charges

₹314.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 911.51 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2024Others₹66.00 CrOpen
16 Feb 2024Others₹315.50 CrOpen
02 Jan 2023Others₹20.00 CrOpen
02 Sep 2022Others₹4.00 MOpen
02 Sep 2022Others₹4.00 MOpen

How Many Employees Work at Babanraoji Shinde Sugar & Allied Industries?

Babanraoji Shinde Sugar & Allied Industries has a workforce of 218 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Babanraoji Shinde Sugar & Allied Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Babanraoji Shinde Sugar & Allied Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Babanraoji Shinde Sugar & Allied Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 66.00 Cr with Charge ID 101015710 was registered on 02 Dec 2024.

    02 Dec 2024

  • Director Appointment

    Santosh Hanumant Marathe was appointed as a Director was appointed as a Director on 31 May 2024 & has been associated with this company since 8 months 24 days .

    31 May 2024

  • Charges

    A charge with Others of Rs. 315.50 Cr registered on 16 Feb 2024 with Charge ID 100875680 was modified on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 315.50 Cr with Charge ID 100875680 was registered on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100671785 was registered on 02 Jan 2023.

    02 Jan 2023

  • Annual General Meeting

    Babanraoji Shinde Sugar & Allied Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

Frequently asked questions

  • Babanraoji Shinde Sugar & Allied Industries Limited was incorporated on 13 Jan 2011.

  • The authorized share capital of Babanraoji Shinde Sugar & Allied Industries Limited is ₹ 70.00 Cr and paid-up capital is ₹ 50.84 Cr.

  • Currently 6 directors are associated with Babanraoji Shinde Sugar & Allied Industries Limited.

    • Shahaji Attmaram Giram
    • Mahesh Laxman Balsaraf
    • Ravindra Shinde
    • Santosh Hanumant Marathe
    • Pranita Ranjit Shinde
    • Santosh Vyankatesh Garad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Babanraoji Shinde Sugar & Allied Industries Limited is At Post Nimgaon Tq Madha India, Solapur, Maharashtra, 413208.

  • The corporate identification number (CIN) of Babanraoji Shinde Sugar & Allied Industries Limited is U15420PN2011PLC138268 and the company number is 138268 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Babanraoji Shinde Sugar & Allied Industries Limited has risen by 25.31%.

  • As Per 2021 financial reports, 218 employees are currently employed by Babanraoji Shinde Sugar & Allied Industries Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Babanraoji Shinde Sugar & Allied Industries Limited has experienced an downturn of -25.91%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Babanraoji Shinde Sugar & Allied Industries Limited amount to ₹ 911.51 Cr.

  • The most recent Balance Sheet for Babanraoji Shinde Sugar & Allied Industries Limited was filed with the ROC on 31 Mar 2022.

Similar Companies Based on Sugar Processing