Salvo Industries Private Limited

Manufacturer of industrial explosives for various clients, established in 1985.

1985 | Secunderabad, Andhra Pradesh (India) | Active
Last Updated:

Salvo Industries Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.58 Cr
  • Company Age 40 Year, 1 Month
  • 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 and one month. 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

  • Location

    Secunderabad, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    salvoindustries.com

  • Social Media
    -

Corporate Identity Details

  • 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

Chemicals and Materials

Who are the key members and board of directors at Salvo Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Aileni Reddy Country flag representing In Managing Director27-Apr-2002Current

Board Members (2)

NameDesignationAppointment DateStatus
Aileni Dhruva Country flag representing In Director 16-Aug-2018Current
Aileni Rani Country flag representing In Director 19-Apr-2005Current

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%.

Salvo Industries revenue growth over time
Salvo Industries 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
24.60%
Revenue from Operations
24.66%
Total Assets
10.89%
Profit or Loss
40.31%
Net Worth
27.68%
EBITDA
32.82%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹117.99 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
20 Sep 2023Hdfc Bank Limited₹1.23 CrOpen
18 Jul 2022Axis Bank Limited₹35.00 CrOpen
12 Jul 2022Hdfc Bank Limited₹2.90 MOpen
08 Sep 2021Hdfc Bank Limited₹66.54 CrOpen
31 Dec 2019Axis Bank Limited₹6.10 MOpen

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.

Employee growth trends for Salvo Industries Private Limited

Deals i

Graph showing company valuation over time

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

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 Salvo Industries

Recent activity within the organization

  • Annual General Meeting

    Salvo Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.23 Cr with Charge ID 100789891 was registered on 20 Sep 2023.

  • Balance Sheet

    Salvo Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

  • Charges

    A charge with Axis Bank Limited of Rs. 35.00 Cr registered on 18 Jul 2022 with Charge ID 100605489 was modified on 30 Sep 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100605489 was registered on 18 Jul 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100598883 was registered on 12 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Salvo Industries Private Limited?

    Salvo Industries Private Limited was incorporated on 21 Jan 1985.

  • What is authorized share capital and paid-up capital of Salvo Industries Private Limited?

    The authorized share capital of Salvo Industries Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.58 Cr.

  • Who are the current board members & directors of Salvo Industries Private Limited?

    Currently 3 directors are associated with Salvo Industries Private Limited.

    • Aileni Dhruva
    • Aileni Sandhya Rani
    • Aileni Shyam Sunder Reddy

  • What is the registered address of Salvo Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Salvo Industries Private Limited is #17 Sri Malani Co-Operative Housing Society Ltd Indian Airlines Colony Thirumalagiri, Secunderabad, Andhra Pradesh, 500015.

  • What is the corporate identification number (CIN) and company number of Salvo Industries Private Limited?

    The corporate identification number (CIN) of Salvo Industries Private Limited is U24292AP1985PTC005255 and the company number is 005255 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Salvo Industries Private Limited?

    The Official website of Salvo Industries Private Limited is https://www.salvoindustries.com

  • What has been the recent revenue trend for Salvo Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Salvo Industries Private Limited has risen by 24.60%.

  • What change has been observed in the net worth of Salvo Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Salvo Industries Private Limited has experienced an upsurge of 27.68%.

  • What are the total open charges for Salvo Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Salvo Industries Private Limited amount to ₹ 117.99 Cr.

  • When was the last Balance Sheet of Salvo Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Salvo Industries Private Limited was filed with the ROC on 31 Mar 2023.

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