Sakthi Elegant Towers India Private Limited

Develops residential and commercial properties in Chennai and Coimbatore.

2005 | Chennai 600042, Tamil Nadu (India) | Active
Last Updated: July 02, 2024

Sakthi Elegant Towers India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.59 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 48.00 Cr
  • Satisfied Charges ₹ 52.36 Cr
  • Revenue Growth -65.37%
  • Profit Growth -83.04%
  • Ebitda -73.28%
  • Net Worth 1.21%
  • Total Assets 37.46%

About Sakthi Elegant Towers India

Sakthi Elegant Towers India Private Limited (SETIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 August 2005 and has a history of 19 years and five months. Its registered office is in Chennai 600042, Tamil Nadu, India.

The Corporate was formerly known as Sakthi Towers & Estates (India) Private Limited. The Company is engaged in the Real Estate And Construction 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 5.00 Cr and a paid-up capital of Rs 4.59 Cr.

The company currently has active open charges totaling ₹48.00 Cr. The company has closed loans amounting to ₹52.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

Savalur Jayakumar, Pachaiappan Rajendran, and Rajeswari Rajendran serve as directors at the Company.

Company Details

  • Location

    Chennai 600042, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201TN2005PTC057300

  • Company No.

    057300

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Sakthi Elegant Towers India?

Executive Team (1)

Name Designation Appointment Date Status
Pachaiappan Rajendran Country flag representing In Managing Director 26-Aug-2005 Current

Board Members (2)

Name Designation Appointment Date Status
Savalur Jayakumar Country flag representing In Director 26-Aug-2005 Current
Rajeswari Rajendran Country flag representing In Director 26-Aug-2005 Current

Financial Performance of Sakthi Elegant Towers India.

Sakthi Elegant Towers India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.37% decrease. The company also saw a substantial fall in profitability, with a 83.04% decrease in profit. The company's net worth moved up by a moderate rise of 1.21%.

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
-65.37%
Revenue from Operations
-65.43%
Total Assets
37.46%
Profit or Loss
-83.04%
Net Worth
1.21%
EBITDA
-73.28%

What is the Ownership and Shareholding Structure of Sakthi Elegant Towers India?

In 2023, Sakthi Elegant Towers India 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

₹48.00 Cr

Satisfied Charges

₹52.36 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 48.00 Cr

Latest Charge Details

Date Lender Amount Status
20 Aug 2022 State Bank Of India ₹48.00 Cr Open
23 Nov 2015 State Bank Of India ₹11.25 Cr Satisfied
25 Jun 2014 Corporation Bank ₹12.00 Cr Satisfied
20 May 2013 State Bank Of India ₹16.00 Cr Satisfied
07 Dec 2009 State Bank Of India ₹10.50 Cr Satisfied

How Many Employees Work at Sakthi Elegant Towers India?

Sakthi Elegant Towers India has a workforce of 9 employees as of Mar 22, 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 Sakthi Elegant Towers India, 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 Sakthi Elegant Towers India'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 Sakthi Elegant Towers India

Recent activity within the organization

  • Annual General Meeting

    Sakthi Elegant Towers India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 23 Nov 2015 via Charge ID 10610783 with State Bank Of India was fully satisfied on 27 Jul 2023.

    27 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 48.00 Cr with Charge ID 100609040 was registered on 20 Aug 2022.

    20 Aug 2022

  • Charges

    A charge registered on 20 May 2013 via Charge ID 10431933 with State Bank Of India was fully satisfied on 11 Aug 2016.

    11 Aug 2016

  • Charges

    A charge registered on 25 Jun 2014 via Charge ID 10587985 with Corporation Bank was fully satisfied on 16 Dec 2015.

    16 Dec 2015

Frequently asked questions

  • Sakthi Elegant Towers India Private Limited was incorporated on 26 Aug 2005.

  • The authorized share capital of Sakthi Elegant Towers India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.59 Cr.

  • Currently 3 directors are associated with Sakthi Elegant Towers India Private Limited.

    • Savalur Rajendran Jayakumar
    • Pachaiappan Rajendran
    • Rajeswari Rajendran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sakthi Elegant Towers India Private Limited is C-2 Sakthi Towersno.107 Gandhi Road Velachery, Chennai 600042, Tamil Nadu, India.

  • The corporate identification number (CIN) of Sakthi Elegant Towers India Private Limited is U45201TN2005PTC057300 and the company number is 057300 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sakthi Elegant Towers India Private Limited is https://www.sakthitowers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sakthi Elegant Towers India Private Limited has fallen by -65.37%.

  • As Per 2023 financial reports, 9 employees are currently employed by Sakthi Elegant Towers India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sakthi Elegant Towers India Private Limited has experienced an upsurge of 1.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sakthi Elegant Towers India Private Limited amount to ₹ 48.00 Cr.

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