Salute Beverages Private Limited

Produces fruit-based beverages.

1997 | Guntur, Andhra Pradesh (India) | Active
Last Updated: January 02, 2025

Salute Beverages Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 2.02 Cr
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 9.52 M
  • Satisfied Charges ₹ 12.14 Cr
  • Revenue Growth %
  • Profit Growth 99.40%
  • Ebitda 99.84%
  • Net Worth -0.01%
  • Total Assets -97.89%

About Salute Beverages

Salute Beverages Private Limited (SBPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 August 1997 and has a history of 27 years and six months. Its registered office is in Guntur, Andhra Pradesh, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 13.00 Cr and a paid-up capital of Rs 2.02 Cr.

The company currently has active open charges totaling ₹9.52 M. The company has closed loans amounting to ₹12.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lakshmana Garlapati, Ratna Garlapati, Ramachandra Gowda, and Two other members serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15532AP1997PTC027793

  • Company No.

    027793

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1997

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Food and Beverages

Who are the key members and board of directors at Salute Beverages?

Executive Team (1)

NameDesignationAppointment DateStatus
Lakshmana Garlapati Country flag representing In Managing Director21-Aug-1997Current

Board Members (4)

NameDesignationAppointment DateStatus
Ratna Garlapati Country flag representing In Director 21-Aug-1997Current
Ramachandra Gowda Country flag representing In Additional Director 01-Jun-2022Current
Ravindra Kovelamudi Country flag representing In Additional Director 15-Feb-2023Current
Saurabh Rao Country flag representing In Director 29-Mar-2019Current

Financial Performance of Salute Beverages.

Salute Beverages Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.4% increase in profit. The company's net worth dipped by a decrease of 0.01%.

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
Revenue from Operations
Total Assets
-97.89%
Profit or Loss
99.40%
Net Worth
-0.01%
EBITDA
99.84%

What is the Ownership and Shareholding Structure of Salute Beverages?

In 2019, Salute Beverages 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

₹0.95 Cr

Satisfied Charges

₹12.14 Cr

Charges Breakdown by Lending Institutions

  • Terra Pak India Ltd. : 0.77 Cr
  • Lakshmi General Finance Ltd. : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2000Lakshmi General Finance Ltd.₹0.57 MOpen
28 Oct 1999Terra Pak India Ltd.₹7.72 MOpen
19 Apr 1999Lakshmi General Finance Ltd.₹0.58 MOpen
31 Mar 1999Lakshmi General Finance Ltd.₹0.64 MOpen
17 Jan 2001Global Trust Bank Ltd.₹3.50 CrSatisfied

How Many Employees Work at Salute Beverages?

Unlock and access historical data on people associated with Salute Beverages, 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 Salute Beverages, 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 Salute Beverages'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 Salute Beverages

Recent activity within the organization

  • Charges

    A charge registered on 18 Jul 1998 via Charge ID 90121213 with Bank Of Baroda was fully satisfied on 27 Oct 2023.

    27 Oct 2023

  • Director Appointment

    Ravindra Kovelamudi was appointed as a Additional Director was appointed as a Additional Director on 15 Feb 2023 & has been associated with this company since 2 years 9 days .

    15 Feb 2023

  • Director Appointment

    Ramachandra Gowda Seekal Venkataswamy Gowda was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

  • Annual General Meeting

    Salute Beverages Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Salute Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.

    31 Mar 2021

  • Director Appointment

    Saurabh Nagarjun Rao was appointed as a Director was appointed as a Director on 29 Mar 2019 & has been associated with this company since 5 years 10 months .

    29 Mar 2019

Frequently asked questions

  • Salute Beverages Private Limited was incorporated on 21 Aug 1997.

  • The authorized share capital of Salute Beverages Private Limited is ₹ 13.00 Cr and paid-up capital is ₹ 2.02 Cr.

  • Currently 5 directors are associated with Salute Beverages Private Limited.

    • Lakshmana Swamy Garlapati
    • Ratna Manjari Garlapati
    • Ramachandra Gowda Seekal Venkataswamy Gowda
    • Ravindra Kovelamudi
    • Saurabh Nagarjun Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salute Beverages Private Limited is S No 26/1 26/2 N H - 5Guntur-Madras Highway Edulapalem India, Guntur Dist, Andhra Pradesh, 522019.

  • The corporate identification number (CIN) of Salute Beverages Private Limited is U15532AP1997PTC027793 and the company number is 027793 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Salute Beverages Private Limited has experienced an downturn of -0.01%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Salute Beverages Private Limited amount to ₹ 9.52 M.

  • The most recent Balance Sheet for Salute Beverages Private Limited was filed with the ROC on 31 Mar 2021.