Saloc Technologies Private Limited

Provides electrical motors, automation products, and industrial transmission products to various industries.

1996 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Saloc Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.63 Cr
  • Satisfied Charges ₹ 11.60 Cr
  • Revenue Growth 13.09%
  • Profit Growth 13.95%
  • Ebitda 20.29%
  • Net Worth 21.09%
  • Total Assets 1.87%

About Saloc Technologies

Saloc Technologies Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 May 1996 and has a history of 28 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Scs Agencies Private Limited. The Company is engaged in the Automotive 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 2.00 M and a paid-up capital of Rs 0.99 M.

The company currently has active open charges totaling ₹14.63 Cr. The company has closed loans amounting to ₹11.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shivananda and Veena Shivanand serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saloc.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31100KA1996PTC020517

  • Company No.

    020517

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive
Machinery and Equipment

What products or services does Saloc Technologies Private Limited offer?

Saloc Technologies Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Helical Gear Box, Automotive Gears, Industrial Gearboxes, Planetary Gearbox, Induction Motors, Siemens Induction Motors.

Who are the key members and board of directors at Saloc Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Shivananda Country flag representing In Managing Director23-May-1996Current

Board Members (1)

NameDesignationAppointment DateStatus
Veena Shivanand Country flag representing In Director 23-May-1996Current

Financial Performance of Saloc Technologies.

Saloc Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.09% increase. The company also saw a substantial improvement in profitability, with a 13.95% increase in profit. The company's net worth Soared by an impressive increase of 21.09%.

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
13.09%
Revenue from Operations
13.20%
Total Assets
1.87%
Profit or Loss
13.95%
Net Worth
21.09%
EBITDA
20.29%

What is the Ownership and Shareholding Structure of Saloc Technologies?

In 2022, Saloc Technologies 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

₹146.33 M

Satisfied Charges

₹116.02 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.80 Cr
  • Others : 3.83 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2022Axis Bank Limited₹1.00 CrOpen
03 Aug 2022Axis Bank Limited₹9.80 CrOpen
08 Aug 2019Others₹3.83 CrOpen
08 Jul 2020Others₹9.50 MSatisfied
04 Apr 2018Karnataka Bank Ltd.₹0.89 MSatisfied

How Many Employees Work at Saloc Technologies?

Saloc Technologies has a workforce of 5 employees as of Apr 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saloc Technologies, 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 Saloc Technologies'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 Saloc Technologies

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 98.00 M registered on 03 Aug 2022 with Charge ID 100602666 was modified on 29 Dec 2023.

    29 Dec 2023

  • Annual General Meeting

    Saloc Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Saloc Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.02 M with Charge ID 100605711 was registered on 25 Aug 2022.

    25 Aug 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 98.00 M with Charge ID 100602666 was registered on 03 Aug 2022.

    03 Aug 2022

  • Charges

    A charge registered on 27 Sep 2013 via Charge ID 10453594 with Karnataka Bank Ltd. was fully satisfied on 22 Mar 2022.

    22 Mar 2022

Frequently asked questions

  • What is the Incorporation or founding date of Saloc Technologies Private Limited?

    Saloc Technologies Private Limited was incorporated on 23 May 1996.

  • What is authorized share capital and paid-up capital of Saloc Technologies Private Limited?

    The authorized share capital of Saloc Technologies Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.99 M.

  • Who are the current board members & directors of Saloc Technologies Private Limited?

    Currently 2 directors are associated with Saloc Technologies Private Limited.

    • Shivananda
    • Veena Shivanand
  • What is the registered address of Saloc Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saloc Technologies Private Limited is No 274/14 New Guddadahalli, Mysore Road India, Bangalore, Karnataka, 560026.

  • What is the corporate identification number (CIN) and company number of Saloc Technologies Private Limited?

    The corporate identification number (CIN) of Saloc Technologies Private Limited is U31100KA1996PTC020517 and the company number is 020517 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saloc Technologies Private Limited?

    The Official website of Saloc Technologies Private Limited is https://www.saloc.in

  • What has been the recent revenue trend for Saloc Technologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Saloc Technologies Private Limited has risen by 13.09%.

  • How many employees does Saloc Technologies Private Limited currently have?

    As Per 2023 financial reports, 5 employees are currently employed by Saloc Technologies Private Limited.

  • What change has been observed in the net worth of Saloc Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Saloc Technologies Private Limited has experienced an upsurge of 21.09%.

  • What are the total open charges for Saloc Technologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Saloc Technologies Private Limited amount to ₹ 14.63 Cr.

  • When was the last Balance Sheet of Saloc Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Saloc Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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