Saddles International Automotive &Aviation Interiors Private Limited

Produces seat covers for various automotive OEMs, with locations in Bangalore, Pune, Gurgaon, and Chennai.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Saddles International Automotive &Aviation Interiors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 115.68 Cr
  • Satisfied Charges ₹ 30.70 Cr
  • Revenue Growth 46.51%
  • Profit Growth -18396.43%
  • Ebitda -91.48%
  • Net Worth -160.63%
  • Total Assets -0.32%

About Saddles International Automotive &Aviation Interiors

Saddles International Automotive &Aviation Interiors Private Limited (SIAAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 March 2019 (Five years and ten months 22 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹115.68 Cr. The company has closed loans amounting to ₹30.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Dhar, Ajay Bahl, Ajith Padival, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36999KA2019PTC122245

  • Company No.

    122245

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Saddles International Automotive &Aviation Interiors?

Board Members (7)

NameDesignationAppointment DateStatus
Ajith Padival Country flag representing In Whole-Time Director 11-Mar-2019Current
Ajay Bahl Country flag representing In Director 13-Jul-2023Current
Ramesh Dhar Country flag representing In Director 13-Jul-2023Current
Amit Bhakri Country flag representing In Director 13-Jul-2023Current
Lata Unnikrishnan Country flag representing In Director 13-Jul-2023Current
Ravi Mathur Country flag representing In Director 13-Jul-2023Current

Financial Performance of Saddles International Automotive &Aviation Interiors.

Saddles International Automotive &Aviation Interiors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.51% increase. The company also saw a substantial fall in profitability, with a 18396.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 160.63%.

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
46.51%
Revenue from Operations
46.51%
Total Assets
-0.32%
Profit or Loss
-18396.43%
Net Worth
-160.63%
EBITDA
-91.48%

What is the Ownership and Shareholding Structure of Saddles International Automotive &Aviation Interiors?

In 2023, Saddles International Automotive &Aviation Interiors 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

₹1,156.84 M

Satisfied Charges

₹307.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 65.00 Cr
  • Others : 50.68 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2022Others₹9.02 MOpen
12 May 2021Axis Bank Limited₹65.00 CrOpen
30 Jul 2020Others₹2.96 CrOpen
28 Nov 2019Others₹46.82 CrOpen
31 Dec 2021Others₹1.70 CrSatisfied

How Many Employees Work at Saddles International Automotive &Aviation Interiors?

Saddles International Automotive &Aviation Interiors has a workforce of 878 employees as of Apr 04, 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 Saddles International Automotive &Aviation Interiors, 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 Saddles International Automotive &Aviation Interiors'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 Saddles International Automotive &Aviation Interiors

Recent activity within the organization

  • Annual General Meeting

    Saddles International Automotive &Aviation Interiors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 31 Dec 2021 via Charge ID 100518882 with Others was fully satisfied on 27 Jun 2024.

    27 Jun 2024

  • Balance Sheet

    Saddles International Automotive &Aviation Interiors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Ramesh Dhar was appointed as a Director was appointed as a Director on 13 Jul 2023 & has been associated with this company since 1 year 6 months .

    13 Jul 2023

  • Director Appointment

    Ajay Bahl was appointed as a Director was appointed as a Director on 13 Jul 2023 & has been associated with this company since 1 year 6 months .

    13 Jul 2023

  • Director Appointment

    Lata Unnikrishnan was appointed as a Director was appointed as a Director on 13 Jul 2023 & has been associated with this company since 1 year 6 months .

    13 Jul 2023

Frequently asked questions

  • Saddles International Automotive &Aviation Interiors Private Limited was incorporated on 11 Mar 2019.

  • The authorized share capital of Saddles International Automotive &Aviation Interiors Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 7 directors are associated with Saddles International Automotive &Aviation Interiors Private Limited.

    • Ramesh Dhar
    • Ajay Bahl
    • Ajith Padival
    • Amit Bhakri
    • Lata Unnikrishnan
    • Ravi Mathur
    • Torun Gerard Mathias
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saddles International Automotive &Aviation Interiors Private Limited is 257/1-3 Bannerghatta Road N S Palya, B T M Layout India, Bangalore, Karnataka, 560076.

  • The corporate identification number (CIN) of Saddles International Automotive &Aviation Interiors Private Limited is U36999KA2019PTC122245 and the company number is 122245 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saddles International Automotive &Aviation Interiors Private Limited is https://www.saddlesinternational.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saddles International Automotive &Aviation Interiors Private Limited has risen by 46.51%.

  • As Per 2023 financial reports, 878 employees are currently employed by Saddles International Automotive &Aviation Interiors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saddles International Automotive &Aviation Interiors Private Limited has experienced an downturn of -160.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saddles International Automotive &Aviation Interiors Private Limited amount to ₹ 115.68 Cr.

  • The most recent Balance Sheet for Saddles International Automotive &Aviation Interiors Private Limited was filed with the ROC on 31 Mar 2024.

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