Saipem India Projects Private Limited

Provides engineering, procurement, construction, and commissioning services for energy projects.

2001 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: June 22, 2024

Who are the key members and board of directors at Saipem India Projects?

Executive Team (2)

NameDesignationAppointment DateStatus
Stefano VillaManaging Director13-Mar-2024Current
Kozhalmannam Ramaswamy Country flag representing InCompany Secretary07-Sep-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Giuseppe Stani Country flag representing It Director 19-Mar-2019Current
Edgar Stijn Country flag representing Nl Whole-Time Director 13-Oct-2023Current

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%.

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
-9.94%
Revenue from Operations
-12.57%
Total Assets
-13.09%
Profit or Loss
-46.36%
Net Worth
16.73%
EBITDA
-37.33%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2002Canara Bank₹1.50 CrSatisfied

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.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Saipem India Projects

Recent activity within the organization

  • Director Appointment

    Stefano Villa was appointed as a Managing Director was appointed as a Managing Director on 13 Mar 2024 & has been associated with this company since 10 months 13 days .

    13 Mar 2024

  • 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 3 months .

    13 Oct 2023

  • Annual General Meeting

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

    29 Sep 2023

  • Balance Sheet

    Saipem India Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Giuseppe Stani was appointed as a Director was appointed as a Director on 19 Mar 2019 & has been associated with this company since 5 years 10 months .

    19 Mar 2019

  • 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 4 months .

    07 Sep 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Saipem India Projects Private Limited was incorporated on 28 Mar 2001.

  • The authorized share capital of Saipem India Projects Private Limited is ₹ 56.00 Cr and paid-up capital is ₹ 52.69 Cr.

  • Currently 4 directors are associated with Saipem India Projects Private Limited.

    • Giuseppe Stani
    • Edgar Van Stijn
    • Stefano Villa
    • Kozhalmannam Parameswaran Ramaswamy
  • 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 Perungudi, Chennai, Tamil Nadu, India, 600096.

  • 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).

  • The Official website of Saipem India Projects Private Limited is https://www.saipem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saipem India Projects Private Limited has fallen by -9.94%.

  • As Per 2023 financial reports, 2096 employees are currently employed by Saipem India Projects Private Limited.

  • 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%.

  • The most recent Balance Sheet for Saipem India Projects Private Limited was filed with the ROC on 31 Mar 2023.

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