Salute Beverages Private Limited

Produces fruit-based beverages.

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Lakshmana Garlapati Country flag representing InManaging 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%

Related Corporates (Common Directorship)

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

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Rating

Alerts

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 1 year 11 months .

    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 7 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 9 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.