Savera Industries Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 11.93 Cr
- Company Age 55 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 29.52 Cr
- Satisfied Charges ₹ 78.44 Cr
- Revenue Growth 90.60%
- Profit Growth 1653.46%
- Ebitda 869.99%
- Net Worth 22.42%
- Total Assets 24.45%
About Savera Industries
Savera Industries Limited (SIL) was founded in India on 17 November 1969 and has a glorious history of 55 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512634.
The Corporate was formerly known as Savera Hotels Limited. The Company is engaged in the Travel And Hospitality 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 12.00 Cr and a paid-up capital of Rs 11.93 Cr.
The company currently has active open charges totaling ₹29.52 Cr. The company has closed loans amounting to ₹78.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Savera Industries Limited India are Siddharth Ravi as COMPANY SECRETARY and Maheshkumar Challa as Cfo. Pujitha Kamineni, Chaitanya Kumar, Chinnasamy Palanivelu, and Five other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L55101TN1969PLC005768
- Company No.
005768
- Stock Symbol
BSE : 512634
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Nov 1969
- Date of AGM
10 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
What products or services does Savera Industries Limited offer?
Savera Industries Limited offers a wide range of products and services, including Accommodation Services, Catering Services, Multi Cuisine Restaurant, Hotels Accommodation Service, Suite Rooms Service, Hotel Bookings, Air-conditioned Deluxe Rooms.
Who are the key members and board of directors at Savera Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siddharth Ravi  | Company Secretary | 01-Jan-2022 | Current |
| Maheshkumar Challa | CFO | 01-Aug-2019 | Current |
| Allareddy Reddy | Managing Director | 14-Feb-2013 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pujitha Kamineni | Director | 02-Sep-2024 | Current |
| Chaitanya Kumar | Director | 05-Aug-2022 | Current |
| Chinnasamy Palanivelu | Director | 12-Sep-2022 | Current |
| Sundarraman Subramanian | Director | 05-Aug-2022 | Current |
| Priyamvada Allareddy | Whole-Time Director | 15-Feb-2024 | Current |
| Tarun Reddy | Director | 21-Jan-2004 | Current |
Financial Performance of Savera Industries.
Savera Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.6% increase. The company also saw a substantial improvement in profitability, with a 1653.46% increase in profit. The company's net worth Soared by an impressive increase of 22.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Savera Industries?
In 2023, Savera Industries had a promoter holding of 62.80% and a public holding of 37.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shyam Enterprises Private LimitedPriyamvada Allareddy, Tarun Reddy and 2 more are mutual person
Amaravathi Restaurants Private LimitedPriyamvada Allareddy, Tarun Reddy and 2 more are mutual person
Genex Exim Ventures Private LimitedSundarraman Subramanian is a mutual person
- Savera Anthuriums Private Limited
Tarun Reddy and Allareddy Reddy are mutual person
- Ruchi Agro Products Private Limited
Tarun Reddy, Allareddy Nivruti and 1 more are mutual person
- Pegasus Ceramic Private Limited
Tarun Reddy is a mutual person
Charges (Loans)
₹29.52 Cr
₹78.44 Cr
Charges Breakdown by Lending Institutions
- Central Bank Of India : 18.13 Cr
- Others : 8.06 Cr
- Hdfc Bank Limited : 3.23 Cr
- Abhyudaya Co-Operative Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2023 | Hdfc Bank Limited | ₹3.00 M | Open |
| 21 Jun 2023 | Abhyudaya Co-Operative Bank Limited | ₹1.00 M | Open |
| 19 Jun 2023 | Hdfc Bank Limited | ₹1.24 Cr | Open |
| 27 Feb 2023 | Hdfc Bank Limited | ₹1.20 M | Open |
| 30 Nov 2022 | Hdfc Bank Limited | ₹1.20 Cr | Open |
How Many Employees Work at Savera Industries?
Savera Industries has a workforce of 436 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Savera 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 Savera 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.
