Samitan Electropowers Private Limited

Manufacturer and exporter of high-quality winding wires and conductors in India since 1978.

1978 | Bangaluru, Karnataka (India) | Active
Last Updated:

Samitan Electropowers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 47 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.87 Cr
  • Satisfied Charges ₹ 6.05 Cr
  • Revenue Growth -9.76%
  • Profit Growth -56.11%
  • Ebitda -18.27%
  • Net Worth 2.60%
  • Total Assets -10.91%

About Samitan Electropowers

Samitan Electropowers Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 1978 and has a history of 47 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.99 M.

The company currently has active open charges totaling ₹9.87 Cr. The company has closed loans amounting to ₹6.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anshuman Saboo and Shilpa Saboo serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40101KA1978PTC023063

  • Company No.

    023063

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 1978

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Samitan Electropowers Private Limited offer?

Samitan Electropowers Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Electrical Conductors, Electrical Cables & Wires, Industrial Wires.

Company report

Samitan Electropowers Private Limited

Explore comprehensive data for Samitan Electropowers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Samitan Electropowers?

Board Members (2)

NameDesignationAppointment DateStatus
Anshuman Saboo Country flag representing In Director 20-Jul-2022Current
Shilpa Saboo Country flag representing In Whole-Time Director 14-Jul-2014Current

Financial Performance of Samitan Electropowers.

Samitan Electropowers Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.76% decrease. The company also saw a substantial fall in profitability, with a 56.11% decrease in profit. The company's net worth moved up by a moderate rise of 2.6%.

Samitan Electropowers revenue growth over time
Samitan Electropowers 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
-9.76%
Revenue from Operations
-9.89%
Total Assets
-10.91%
Profit or Loss
-56.11%
Net Worth
2.60%
EBITDA
-18.27%

What is the Ownership and Shareholding Structure of Samitan Electropowers?

In 2023, Samitan Electropowers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹98.70 M

Satisfied Charges

₹60.48 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 9.87 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2011Axis Bank Limited₹9.87 CrOpen
28 Jun 2007State Bank Of India₹1.80 CrSatisfied
28 Jun 2007State Bank Of India₹3.00 CrSatisfied
10 Jan 2002State Bank Of India₹1.22 CrSatisfied
10 Jan 2002State Bank Of India₹0.30 MSatisfied

How Many Employees Work at Samitan Electropowers?

Samitan Electropowers has a workforce of 8 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Samitan Electropowers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Samitan Electropowers, 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 Samitan Electropowers'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 Samitan Electropowers

Recent activity within the organization

  • Annual General Meeting

    Samitan Electropowers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Samitan Electropowers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Anshuman Saboo was appointed as a Director was appointed as a Director on 20 Jul 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge with Axis Bank Limited of Rs. 98.70 M registered on 23 Mar 2011 with Charge ID 10278187 was modified on 24 Dec 2021.

  • Director Appointment

    Shilpa Saboo was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 14 Jul 2014 & has been associated with this company since 10 years 9 months .

  • Charges

    A charge registered on 28 Jun 2007 via Charge ID 10060741 with State Bank Of India was fully satisfied on 30 Aug 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Samitan Electropowers Private Limited?

    Samitan Electropowers Private Limited was incorporated on 24 Jan 1978.

  • What is authorized share capital and paid-up capital of Samitan Electropowers Private Limited?

    The authorized share capital of Samitan Electropowers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.99 M.

  • Who are the current board members & directors of Samitan Electropowers Private Limited?

    Currently 2 directors are associated with Samitan Electropowers Private Limited.

    • Anshuman Saboo
    • Shilpa Saboo

  • What is the registered address of Samitan Electropowers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Samitan Electropowers Private Limited is 52/3 Doresani Palya Bannerghatta Road, India, Bangalore., Karnataka, 560076.

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

    The corporate identification number (CIN) of Samitan Electropowers Private Limited is U40101KA1978PTC023063 and the company number is 023063 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Samitan Electropowers Private Limited?

    The Official website of Samitan Electropowers Private Limited is https://www.samitan.com

  • What has been the recent revenue trend for Samitan Electropowers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Samitan Electropowers Private Limited has fallen by -9.76%.

  • How many employees does Samitan Electropowers Private Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Samitan Electropowers Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Samitan Electropowers Private Limited has experienced an upsurge of 2.60%.

  • What are the total open charges for Samitan Electropowers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Samitan Electropowers Private Limited amount to ₹ 9.87 Cr.

  • When was the last Balance Sheet of Samitan Electropowers Private Limited filed with the ROC?

    The most recent Balance Sheet for Samitan Electropowers Private Limited was filed with the ROC on 31 Mar 2024.

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