Salem Erode Investments Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 1.15 Cr
as on 17-11-2024
- Company Age 93 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 26.57 Cr
as on 17-11-2024
- Revenue 47.96%
(FY 2023)
- Profit -113.57%
(FY 2023)
- Ebitda 17.09%
(FY 2023)
- Net Worth -0.36%
(FY 2023)
- Total Assets 1.31%
(FY 2023)
About Salem Erode Investments
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540181.
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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 1.15 Cr.
The company currently has active open charges totaling ₹26.57 Cr.
The Key Managerial Personnel (KMP) at Salem Erode Investments Limited India is Madhavankutty Thekkedath as CFO. Ambadath Balan, Shinto Stanly, Saseendran Veliyath, and Three other members serve as directors at the Company.
- CIN/LLPIN
L31200TN1931PLC145816
- Company No.
007116
- Stock Symbol
BSE : 540181
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 May 1931
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Salem Erode Investments?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madhavankutty Thekkedath | CFO | 13-Jan-2022 | Current |
Kuzhuppilly Anilkumar  | Managing Director | 17-Feb-2020 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ambadath Balan | Director | 29-Sep-2021 | Current |
| Shinto Stanly | Director | 07-Feb-2024 | Current |
| Saseendran Veliyath | Director | 17-Feb-2020 | Current |
| Thainakathu Babu | Director | 17-Feb-2020 | Current |
| Umadevi Anilkumar | Director | 17-Feb-2020 | Current |
Financial Performance and Corporate Structure Insights of Salem Erode Investments.
Salem Erode Investments Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.96% increase. The company also saw a substantial fall in profitability, with a 113.57% decrease in profit. The company's net worth dipped by a decrease of 0.36%.
- 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 Salem Erode Investments?
In 2023, Salem Erode Investments had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Icl Tours & Travels Private LimitedActive 10 years 11 monthsUmadevi Anilkumar and Kuzhuppilly Anilkumar are mutual person
Icl Nidhi LimitedActive 9 years 1 monthUmadevi Anilkumar and Kuzhuppilly Anilkumar are mutual person
Icl Fincorp LimitedActive 33 years 11 daysAmbadath Balan, Shinto Stanly and 3 more are mutual person
- Laneseda Vanijya Pvt LtdActive 29 years 7 days
Umadevi Anilkumar and Kuzhuppilly Anilkumar are mutual person
- Snow View Tex Collections Private LimitedActive 7 years 11 months
Umadevi Anilkumar and Kuzhuppilly Anilkumar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 11 Mar 2024 | ₹12.60 Cr | Open |
Others Creation Date: 25 Nov 2023 | ₹2.80 M | Open |
Others Creation Date: 18 Aug 2023 | ₹5.75 M | Open |
How Many Employees Work at Salem Erode Investments?
Salem Erode Investments has a workforce of 56 employees as of Apr 07, 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 Salem Erode Investments, 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 Salem Erode Investments'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.
