

Saipem India Projects Profile
Key Indicators
- Authorised Capital ₹ 56.00 Cr
- Paid Up Capital ₹ 52.69 Cr
- Company Age 24 Year, 27 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.50 Cr
- Revenue Growth -9.94%
- Profit Growth -46.36%
- Ebitda -37.33%
- Net Worth 16.73%
- Total Assets -13.09%
About Saipem India Projects
Saipem India Projects Private Limited (SIPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 March 2001 and has a history of 24 years. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as International Development Process And Engineering Limited. The Company is engaged in the Engineering 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 56.00 Cr and a paid-up capital of Rs 52.69 Cr.
The company has closed loans amounting to ₹1.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Saipem India Projects Private Limited India is Kozhalmannam Ramaswamy as COMPANY SECRETARY. Edgar Stijn, Claudia Stocco, and Stefano Villa serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28999TN2001PTC046866
- Company No.
046866
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Mar 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Saipem India Projects?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Stefano Villa ![]() | Managing Director | 08-Mar-2024 | Current |
Kozhalmannam Ramaswamy ![]() | Company Secretary | 07-Sep-2015 | Current |
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Edgar Stijn ![]() | Whole-Time Director | 13-Oct-2023 | Current |
Claudia Stocco ![]() | Director | 17-Jun-2024 | Current |
Financial Performance of Saipem India Projects.
Saipem India Projects Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.94% decrease. The company also saw a substantial fall in profitability, with a 46.36% decrease in profit. The company's net worth Soared by an impressive increase of 16.73%.


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What is the Ownership and Shareholding Structure of Saipem India Projects?
In 2023, Saipem India Projects 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)
- Hazira Cryogenic Engineering And Construction Management Pvt Ltd
Edgar Stijn is a mutual person
Charges (Loans)
₹0
₹1.50 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 1.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
15 Jul 2002 | Canara Bank | ₹1.50 Cr | Satisfied |
How Many Employees Work at Saipem India Projects?
Saipem India Projects has a workforce of 2096 employees as of May 05, 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Saipem India Projects, 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 Saipem India Projects'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.
Latest Updates, News, and FAQs on Saipem India Projects
Recent activity within the organization
- Annual General Meeting
Saipem India Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Claudia Stocco was appointed as a Director was appointed as a Director on 17 Jun 2024 & has been associated with this company since 10 months 7 days .
- Balance Sheet
Saipem India Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Stefano Villa was appointed as a Managing Director was appointed as a Managing Director on 08 Mar 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Edgar Van Stijn was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 13 Oct 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Kozhalmannam Parameswaran Ramaswamy was appointed as a Company Secretary was appointed as a Company Secretary on 07 Sep 2015 & has been associated with this company since 9 years 7 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Saipem India Projects Private Limited?
Saipem India Projects Private Limited was incorporated on 28 Mar 2001.
What is authorized share capital and paid-up capital of Saipem India Projects Private Limited?
The authorized share capital of Saipem India Projects Private Limited is ₹ 56.00 Cr and paid-up capital is ₹ 52.69 Cr.
Who are the current board members & directors of Saipem India Projects Private Limited?
Currently 4 directors are associated with Saipem India Projects Private Limited.
- Edgar Van Stijn
- Claudia Stocco
- Stefano Villa
- Kozhalmannam Parameswaran Ramaswamy
What is the registered address of Saipem India Projects Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Saipem India Projects Private Limited is Millenia Business Park Phase Ii Campus 3A 143 Dr M.G.R Road Kandhanchavadi Peru Ngudi, India, Chennai, Tamil Nadu, 600096.
What is the corporate identification number (CIN) and company number of Saipem India Projects Private Limited?
The corporate identification number (CIN) of Saipem India Projects Private Limited is U28999TN2001PTC046866 and the company number is 046866 as per Ministry of Corporate Affairs (MCA).
What is the official website of Saipem India Projects Private Limited?
The Official website of Saipem India Projects Private Limited is https://www.saipem.com
What has been the recent revenue trend for Saipem India Projects Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Saipem India Projects Private Limited has fallen by -9.94%.
How many employees does Saipem India Projects Private Limited currently have?
As Per 2023 financial reports, 2096 employees are currently employed by Saipem India Projects Private Limited.
What change has been observed in the net worth of Saipem India Projects Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Saipem India Projects Private Limited has experienced an upsurge of 16.73%.
When was the last Balance Sheet of Saipem India Projects Private Limited filed with the ROC?
The most recent Balance Sheet for Saipem India Projects Private Limited was filed with the ROC on 31 Mar 2024.
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