Sainath Commercial Credit Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 06-07-2024
- Paid Up Capital ₹ 0.85 M
as on 06-07-2024
- Company Age 37 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.00 M
as on 06-07-2024
- Revenue -10.46%
(FY 2021)
- Profit 1003.51%
(FY 2021)
- Ebitda 13.93%
(FY 2021)
- Net Worth 0.78%
(FY 2021)
- Total Assets 0.45%
(FY 2021)
About Sainath Commercial Credit
The Company is engaged in the Financial Services 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 1.00 M and a paid-up capital of Rs 0.85 M.
The company has closed loans amounting to ₹1.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kishore Shetty, Jayaprakash Shetty, and Thonse Shetty serve as directors at the Company.
- CIN/LLPIN
U65921KA1987PTC008158
- Company No.
008158
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Feb 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Udupi, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Sainath Commercial Credit?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thonse Shetty  | Managing Director | 09-Feb-1987 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kishore Shetty | Director | 07-Feb-2018 | Current |
| Jayaprakash Shetty | Director | 30-Sep-2004 | Current |
Financial Performance and Corporate Structure Insights of Sainath Commercial Credit.
Sainath Commercial Credit Private Limited,, for the financial year ended 2021, experienced significant reduction in revenue, with a 10.46% decrease. The company also saw a substantial improvement in profitability, with a 1003.51% increase in profit. The company's net worth moved up by a moderate rise of 0.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sainath Commercial Credit?
In 2021, Sainath Commercial Credit had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Energy Grid Automation Transformers And Switchgears India Private LimitedActive 13 years 11 monthsKishore Shetty is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 07 Oct 1998 | ₹1.00 M | Satisfied |
How Many Employees Work at Sainath Commercial Credit?
Unlock and access historical data on people associated with Sainath Commercial Credit, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sainath Commercial Credit, 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 Sainath Commercial Credit's trajectory.
Rating
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
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.
