Salvo Industries Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.58 Cr
- Company Age 40 Year, 11 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 117.99 Cr
- Satisfied Charges ₹ 41.03 Cr
- Revenue Growth 24.60%
- Profit Growth 40.31%
- Ebitda 32.82%
- Net Worth 27.68%
- Total Assets 10.89%
About Salvo Industries
Salvo Industries Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 1985 and has a history of 40 years. Its registered office is in Secunderabad, Andhra Pradesh, India.
The Corporate was formerly known as Salvo Explosives And Chemicals Pvt Ltd. The Company is engaged in the Chemicals And Materials 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 8.00 Cr and a paid-up capital of Rs 7.58 Cr.
The company currently has active open charges totaling ₹117.99 Cr. The company has closed loans amounting to ₹41.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aileni Dhruva, Aileni Rani, and Aileni Reddy serve as directors at the Company.
Company Details
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Location
Secunderabad, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24292AP1985PTC005255
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Company No.
005255
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Jan 1985
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Salvo Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aileni Reddy
|
Managing Director | 27-Apr-2002 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Aileni Dhruva
|
Director | 16-Aug-2018 | Current |
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Aileni Rani
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Director | 19-Apr-2005 | Current |
Financial Performance of Salvo Industries.
Salvo Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.6% increase. The company also saw a substantial improvement in profitability, with a 40.31% increase in profit. The company's net worth Soared by an impressive increase of 27.68%.
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What is the Ownership and Shareholding Structure of Salvo Industries?
In 2023, Salvo Industries had a promoter holding of 94.73% and a public holding of 5.27%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Life Shine Medical Services Private LimitedAileni Rani is a mutual person
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Accrete Pharmaceuticals Private LimitedAileni Dhruva and Aileni Reddy are mutual person
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Sri Sai Metal Industries Private LimitedAileni Dhruva is a mutual person
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Bharuch Nitrates Private Limited.
Aileni Dhruva is a mutual person
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Tulasi Cold Storage Private Limited
Aileni Rani is a mutual person
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Navbharat Explosive Company Limited
Aileni Reddy is a mutual person
Charges (Loans)
₹117.99 Cr
₹41.03 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 68.06 Cr
- Axis Bank Limited : 39.34 Cr
- Others : 7.19 Cr
- Reliance Capital Ltd : 1.60 Cr
- Tata Motors Finance Limited : 0.69 Cr
- Others : 1.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2023 | Hdfc Bank Limited | ₹1.23 Cr | Open |
| 18 Jul 2022 | Axis Bank Limited | ₹35.00 Cr | Open |
| 12 Jul 2022 | Hdfc Bank Limited | ₹2.90 M | Open |
| 08 Sep 2021 | Hdfc Bank Limited | ₹66.54 Cr | Open |
| 31 Dec 2019 | Axis Bank Limited | ₹6.10 M | Open |
How Many Employees Work at Salvo Industries?
Unlock and access historical data on people associated with Salvo Industries, 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 Salvo Industries, 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 Salvo Industries'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.
