Saks Power Private Limited

Renewable energy company specializing in wind and solar power generation and trading.

2010 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Saks Power Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.87 Cr
  • Satisfied Charges ₹ 14.56 Cr
  • Revenue Growth -50.41%
  • Profit Growth -40.72%
  • Ebitda -19.77%
  • Net Worth 49.78%
  • Total Assets 2.00%

About Saks Power

Saks Power Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 December 2010 and has a history of 14 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Environment 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 1.20 Cr and a paid-up capital of Rs 1.20 Cr.

The company currently has active open charges totaling ₹12.87 Cr. The company has closed loans amounting to ₹14.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kumaran Sivanthi and Senthil Rajagopal serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40108TN2010PTC078461

  • Company No.

    078461

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment

What products or services does Saks Power Private Limited offer?

Saks Power Private Limited offers a wide range of products and services, including Apparel & Textile Machinery, Reeling Machine.

Who are the key members and board of directors at Saks Power?

Board Members (2)

Name Designation Appointment Date Status
Kumaran Sivanthi Country flag representing In Director 16-Dec-2010 Current
Senthil Rajagopal Country flag representing In Director 16-Dec-2010 Current

Financial Performance of Saks Power.

Saks Power Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.41% decrease. The company also saw a substantial fall in profitability, with a 40.72% decrease in profit. The company's net worth Soared by an impressive increase of 49.78%.

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
-50.41%
Revenue from Operations
-50.41%
Total Assets
2.00%
Profit or Loss
-40.72%
Net Worth
49.78%
EBITDA
-19.77%

What is the Ownership and Shareholding Structure of Saks Power?

In 2022, Saks Power had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.87 Cr

Satisfied Charges

₹14.56 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 7.38 Cr
  • Others : 3.54 Cr
  • State Bank Of India : 1.95 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2022 State Bank Of India ₹1.95 Cr Open
22 Apr 2022 Indian Bank ₹7.38 Cr Open
03 Jul 2020 Others ₹5.38 M Open
25 Mar 2019 Others ₹3.00 Cr Open
16 Apr 2021 Others ₹1.07 Cr Satisfied

How Many Employees Work at Saks Power?

Unlock and access historical data on people associated with Saks Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saks Power, 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 Saks Power'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 Saks Power

Recent activity within the organization

  • Annual General Meeting

    Saks Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Saks Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Indian Bank of Rs. 7.38 Cr registered on 22 Apr 2022 with Charge ID 100577572 was modified on 05 Dec 2022.

    05 Dec 2022

  • Charges

    A charge registered on 16 Apr 2021 via Charge ID 100442211 with Others was fully satisfied on 03 Nov 2022.

    03 Nov 2022

  • Charges

    A charge registered on 31 Jan 2020 via Charge ID 100331112 with Others was fully satisfied on 14 Oct 2022.

    14 Oct 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.95 Cr with Charge ID 100583456 was registered on 22 Jun 2022.

    22 Jun 2022

Frequently asked questions

  • Saks Power Private Limited was incorporated on 16 Dec 2010.

  • The authorized share capital of Saks Power Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.20 Cr.

  • Currently 2 directors are associated with Saks Power Private Limited.

    • Kumaran Sundarrao Sivanthi
    • Senthil Kumar Rajagopal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saks Power Private Limited is Plot No. 335/4 1St Floor Galaxy Apartments 2Nd Avenue, Anna Nagar West India, Chennai, Tamil Nadu, 600040.

  • The corporate identification number (CIN) of Saks Power Private Limited is U40108TN2010PTC078461 and the company number is 078461 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saks Power Private Limited is https://www.sakspower.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saks Power Private Limited has fallen by -50.41%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saks Power Private Limited has experienced an upsurge of 49.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saks Power Private Limited amount to ₹ 12.87 Cr.

  • The most recent Balance Sheet for Saks Power Private Limited was filed with the ROC on 31 Mar 2024.