Savera Industries Limited

Company operates a four-star hotel with conference and leisure facilities, professional training, and health centers.

1969 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Savera Industries Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.93 Cr
  • Company Age 55 Year, 4 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 four 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

Travel and Hospitality

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)

NameDesignationAppointment DateStatus
Siddharth Ravi Country flag representing In Company Secretary01-Jan-2022Current
Maheshkumar Challa Country flag representing In CFO01-Aug-2019Current
Allareddy Reddy Country flag representing In Managing Director14-Feb-2013Current

Board Members (7)

NameDesignationAppointment DateStatus
Pujitha Kamineni Director 02-Sep-2024Current
Chaitanya Kumar Country flag representing In Director 05-Aug-2022Current
Chinnasamy Palanivelu Country flag representing In Director 12-Sep-2022Current
Sundarraman Subramanian Country flag representing In Director 05-Aug-2022Current
Priyamvada Allareddy Country flag representing In Whole-Time Director 15-Feb-2024Current
Tarun Reddy Country flag representing In Director 21-Jan-2004Current

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%.

Savera Industries revenue growth over time
Savera 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
90.60%
Revenue from Operations
92.39%
Total Assets
24.45%
Profit or Loss
1653.46%
Net Worth
22.42%
EBITDA
869.99%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.52 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
28 Dec 2023Hdfc Bank Limited₹3.00 MOpen
21 Jun 2023Abhyudaya Co-Operative Bank Limited₹1.00 MOpen
19 Jun 2023Hdfc Bank Limited₹1.24 CrOpen
27 Feb 2023Hdfc Bank Limited₹1.20 MOpen
30 Nov 2022Hdfc Bank Limited₹1.20 CrOpen

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.

Employee growth trends for Savera Industries Limited

Deals i

Graph showing company valuation over time

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

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 Savera Industries

Recent activity within the organization

  • Annual General Meeting

    Savera Industries Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

  • Director Appointment

    Pujitha Reddy Kamineni was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 6 months 26 days .

  • Charges

    A charge registered on 27 Jul 2018 via Charge ID 100202689 with Hdfc Bank Limited was fully satisfied on 28 May 2024.

  • Charges

    A charge registered on 28 Jul 2017 via Charge ID 100119632 with Hdfc Bank Limited was fully satisfied on 28 May 2024.

  • Charges

    A charge registered on 15 Apr 2017 via Charge ID 100099590 with Hdfc Bank Limited was fully satisfied on 28 May 2024.

  • Balance Sheet

    Savera Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Frequently asked questions

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

    Savera Industries Limited was incorporated on 17 Nov 1969.

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

    The authorized share capital of Savera Industries Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.93 Cr.

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

    Currently 10 directors are associated with Savera Industries Limited.

    • Siddharth Ravi
    • Maheshkumar Challa
    • Pujitha Reddy Kamineni
    • Chaitanya Kumar
    • Chinnasamy Palanivelu
    • Sundarraman Subramanian
    • Priyamvada Allareddy
    • Tarun Reddy Alla Reddy
    • Allareddy Nivruti
    • Allareddy Nina Reddy

  • What is the registered address of Savera Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Savera Industries Limited is No146 Dr.Radhakrishanan Road Mylapore, Chennai-4. India, Tamilnadu, Tamil Nadu, 600004.

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

    The corporate identification number (CIN) of Savera Industries Limited is L55101TN1969PLC005768 and the company number is 005768 as per Ministry of Corporate Affairs (MCA).

  • Is Savera Industries Limited registered with any stock exchange in India?

    Yes, Savera Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Savera Industries Limited?

    The Official website of Savera Industries Limited is https://www.saverahotel.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Savera Industries Limited has risen by 90.60%.

  • How many employees does Savera Industries Limited currently have?

    As Per 2023 financial reports, 436 employees are currently employed by Savera Industries Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Savera Industries Limited has experienced an upsurge of 22.42%.

  • What are the total open charges for Savera Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Savera Industries Limited amount to ₹ 29.52 Cr.

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

    The most recent Balance Sheet for Savera Industries Limited was filed with the ROC on 31 Mar 2024.

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