Salute Beverages Private Limited
Produces fruit-based beverages.
1997 | Guntur, Andhra Pradesh (India) | Active
Salute Beverages Profile
Key Indicators
- Authorised Capital ₹ 13.00 Cr
- Paid Up Capital ₹ 2.02 Cr
- Company Age 27 Year, 7 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 seven 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lakshmana Garlapati  | Managing Director | 21-Aug-1997 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ratna Garlapati | Director | 21-Aug-1997 | Current |
| Ramachandra Gowda | Additional Director | 01-Jun-2022 | Current |
| Ravindra Kovelamudi | Additional Director | 15-Feb-2023 | Current |
| Saurabh Rao | Director | 29-Mar-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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- Salute Water House Private Limited
Lakshmana Garlapati and Ratna Garlapati are mutual person
- Salute Travels Pvt.Ltd.
Lakshmana Garlapati and Ratna Garlapati are mutual person
- Niranthara Housing Solutions Llp
Ramachandra Gowda is a mutual person
- Skbr Infrastructures Llp
Ramachandra Gowda is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2000 | Lakshmi General Finance Ltd. | ₹0.57 M | Open |
| 28 Oct 1999 | Terra Pak India Ltd. | ₹7.72 M | Open |
| 19 Apr 1999 | Lakshmi General Finance Ltd. | ₹0.58 M | Open |
| 31 Mar 1999 | Lakshmi General Finance Ltd. | ₹0.64 M | Open |
| 17 Jan 2001 | Global Trust Bank Ltd. | ₹3.50 Cr | Satisfied |
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.
Deals i
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
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.
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.
- 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 1 month .
- 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 10 months .
- Annual General Meeting
Salute Beverages Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
- Balance Sheet
Salute Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.
- 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 6 years 3 days .
Frequently asked questions
What is the Incorporation or founding date of Salute Beverages Private Limited?
Salute Beverages Private Limited was incorporated on 21 Aug 1997.
What is authorized share capital and paid-up capital of Salute Beverages Private Limited?
The authorized share capital of Salute Beverages Private Limited is ₹ 13.00 Cr and paid-up capital is ₹ 2.02 Cr.
Who are the current board members & directors of Salute Beverages Private Limited?
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
What is the registered address of Salute Beverages Private Limited?
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.
What is the corporate identification number (CIN) and company number of Salute Beverages Private Limited?
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).
What change has been observed in the net worth of Salute Beverages Private Limited, and by what percentage?
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%.
What are the total open charges for Salute Beverages Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Salute Beverages Private Limited amount to ₹ 9.52 M.
When was the last Balance Sheet of Salute Beverages Private Limited filed with the ROC?
The most recent Balance Sheet for Salute Beverages Private Limited was filed with the ROC on 31 Mar 2021.