Samitan Electropowers Private Limited

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

1978 | Bangalore., Karnataka (India) | Active
Last Updated: July 18, 2024

Samitan Electropowers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 47 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • 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. Its registered office is in Bangalore., 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 2023. 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.

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

Company Details

  • Location

    Bangalore., 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Board Members (2)

Name Designation Appointment Date Status
Shilpa Saboo Country flag representing In Whole-Time Director 14-Jul-2014 Current
Anshuman Saboo Country flag representing In Director 20-Jul-2022 Current

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%.

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
-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

Date Lender Amount Status
23 Mar 2011 Axis Bank Limited ₹9.87 Cr Open
28 Jun 2007 State Bank Of India ₹1.80 Cr Satisfied
28 Jun 2007 State Bank Of India ₹3.00 Cr Satisfied
10 Jan 2002 State Bank Of India ₹1.22 Cr Satisfied
10 Jan 2002 State Bank Of India ₹0.30 M Satisfied

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.

Graph showing employee growth trends

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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Samitan Electropowers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • 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 6 months .

    20 Jul 2022

  • 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.

    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 6 months .

    14 Jul 2014

  • Charges

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

    30 Aug 2011

Frequently asked questions

  • Samitan Electropowers Private Limited was incorporated on 24 Jan 1978.

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

  • Currently 2 directors are associated with Samitan Electropowers Private Limited.

    • Shilpa Saboo
    • Anshuman Saboo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Samitan Electropowers Private Limited is #52/3 Doresani PalyaBannerghatta Road Bangalore., Karnataka, India, 560076.

  • 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).

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

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

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

  • 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%.

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

  • The most recent Balance Sheet for Samitan Electropowers Private Limited was filed with the ROC on 31 Mar 2023.

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