Belgaum Sugars Private Limited

Sugar manufacturing and production with cogeneration and distillery capabilities.

2007 | Gokak, Karnataka (India) | Active
Last Updated: June 18, 2024

Belgaum Sugars Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 54.27 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 627.81 Cr
  • Satisfied Charges ₹ 137.21 Cr
  • Revenue Growth 12.19%
  • Profit Growth 29.65%
  • Ebitda 33.65%
  • Net Worth 127.32%
  • Total Assets 64.84%

About Belgaum Sugars

Belgaum Sugars Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 October 2007 and has a history of 17 years and three months. Its registered office is in Gokak, Karnataka, India.

The Corporate was formerly known as Satish Ethanol Private 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 2023. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 54.27 Cr.

The company currently has active open charges totaling ₹627.81 Cr. The company has closed loans amounting to ₹137.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Belgaum Sugars Private Limited India are Rakesh Goudappanavar as COMPANY SECRETARY and Pradeep Indi as Cfo. Anand Patil, Priyanka Jarkiholi, Shakuntala Jarkiholi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Gokak, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15117KA2007PTC044215

  • Company No.

    044215

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 2007

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at Belgaum Sugars?

Executive Team (3)

Name Designation Appointment Date Status
Priyanka Jarkiholi Country flag representing In Managing Director 20-Oct-2016 Current
Rakesh Goudappanavar Country flag representing In Company Secretary 30-Mar-2016 Current
Pradeep Indi Country flag representing In CFO 20-Feb-2016 Current

Board Members (5)

Name Designation Appointment Date Status
Anand Patil Country flag representing In Director 17-Nov-2015 Current
Shakuntala Jarkiholi Country flag representing In Whole-Time Director 30-Sep-2016 Current
Rahul Jarkiholi Country flag representing In Director Current
Vithal Parasannavar Country flag representing In Director 26-Oct-2007 Current
Premalata Dodamani Country flag representing In Director 17-Nov-2015 Current

Financial Performance of Belgaum Sugars.

Belgaum Sugars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.19% increase. The company also saw a substantial improvement in profitability, with a 29.65% increase in profit. The company's net worth Soared by an impressive increase of 127.32%.

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
12.19%
Revenue from Operations
16.80%
Total Assets
64.84%
Profit or Loss
29.65%
Net Worth
127.32%
EBITDA
33.65%

What is the Ownership and Shareholding Structure of Belgaum Sugars?

In 2023, Belgaum Sugars 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

₹627.81 Cr

Satisfied Charges

₹137.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 526.53 Cr
  • Bank Of India : 79.00 Cr
  • Indian Bank : 21.05 Cr
  • Indian Overseas Bank : 1.00 Cr
  • Hdfc Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
08 Feb 2024 Indian Bank ₹1.60 M Open
06 Mar 2023 Others ₹90.00 Cr Open
03 Feb 2023 Indian Bank ₹4.18 M Open
28 Nov 2022 Indian Bank ₹1.51 M Open
24 Nov 2022 Indian Bank ₹3.20 M Open

How Many Employees Work at Belgaum Sugars?

Belgaum Sugars has a workforce of 658 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 Belgaum Sugars, 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 Belgaum Sugars'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 Belgaum Sugars

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 0.16 Cr with Charge ID 100872421 was registered on 08 Feb 2024.

    08 Feb 2024

  • Charges

    A charge registered on 27 Jan 2021 via Charge ID 100417127 with Indian Bank was fully satisfied on 12 Jan 2024.

    12 Jan 2024

  • Charges

    A charge registered on 10 Jan 2023 via Charge ID 100668743 with Others was fully satisfied on 05 Jan 2024.

    05 Jan 2024

  • Charges

    A charge with Others of Rs. 90.00 Cr registered on 06 Mar 2023 with Charge ID 100686197 was modified on 04 Dec 2023.

    04 Dec 2023

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 02 Dec 2016 with Charge ID 100064704 was modified on 07 Oct 2023.

    07 Oct 2023

  • Annual General Meeting

    Belgaum Sugars Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

Frequently asked questions

  • Belgaum Sugars Private Limited was incorporated on 26 Oct 2007.

  • The authorized share capital of Belgaum Sugars Private Limited is ₹ 80.00 Cr and paid-up capital is ₹ 54.27 Cr.

  • Currently 9 directors are associated with Belgaum Sugars Private Limited.

    • Anand Patil
    • Priyanka Satish Jarkiholi
    • Shakuntala Devi Satish Jarkiholi
    • Rakesh K Goudappanavar
    • Pradeep Kumar Manohar Indi
    • Rahul Satish Jarkiholi
    • Vithal Rudrappa Parasannavar
    • Pradeep Kumar Manohar Indi
    • Premalata Veeresh Dodamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Belgaum Sugars Private Limited is Hill Garden Anna Road, Gokak, Karnataka, India, 591307.

  • The corporate identification number (CIN) of Belgaum Sugars Private Limited is U15117KA2007PTC044215 and the company number is 044215 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Belgaum Sugars Private Limited is https://www.satishsugars.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Belgaum Sugars Private Limited has risen by 12.19%.

  • As Per 2023 financial reports, 658 employees are currently employed by Belgaum Sugars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Belgaum Sugars Private Limited has experienced an upsurge of 127.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Belgaum Sugars Private Limited amount to ₹ 627.81 Cr.

  • The most recent Balance Sheet for Belgaum Sugars Private Limited was filed with the ROC on 31 Mar 2023.

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