Salvo Industries Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 7.58 Cr
as on 05-07-2024
- Company Age 39 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 117.99 Cr
as on 05-07-2024
- Satisfied Charges ₹ 41.03 Cr
as on 05-07-2024
- Revenue 24.60%
(FY 2023)
- Profit 40.31%
(FY 2023)
- Ebitda 32.82%
(FY 2023)
- Net Worth 27.68%
(FY 2023)
- Total Assets 10.89%
(FY 2023)
About Salvo Industries
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.
- CIN/LLPIN
U24292AP1985PTC005255
- Company No.
005255
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jan 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Secunderabad, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
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 |
| Aileni Rani | Director | 19-Apr-2005 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Accrete Pharmaceuticals Private LimitedActive 20 years 4 monthsAileni Dhruva and Aileni Reddy are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 20 Sep 2023 | ₹1.23 Cr | Open |
Axis Bank Limited Creation Date: 18 Jul 2022 | ₹35.00 Cr | Open |
Hdfc Bank Limited Creation Date: 12 Jul 2022 | ₹2.90 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.
