Savo Polymers And Petro Products Private Limited

Manufactures and supplies industrial lubricants, including engine oil and grease.

1988 | Kozhikode, Kerala (India) | Active
Last Updated: October 23, 2024

Savo Polymers And Petro Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.69 M
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.49 Cr
  • Satisfied Charges ₹ 0.20 M
  • Revenue Growth 20.06%
  • Profit Growth 17.39%
  • Ebitda 18.11%
  • Net Worth 24.50%
  • Total Assets -21.71%

About Savo Polymers And Petro Products

Savo Polymers And Petro Products Private Limited (SPAPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 1988 and has a history of 36 years and six months. Its registered office is in Kozhikode, Kerala, India.

The Corporate was formerly known as Savo Polymer And Starch Products Private Limited. 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 1.00 M and a paid-up capital of Rs 0.69 M.

The company currently has active open charges totaling ₹1.49 Cr. The company has closed loans amounting to ₹0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Sanjeev Saboo, Hemanshu Saboo, Sarita Saboo, and One other member serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24134KL1988PTC005138

  • Company No.

    005138

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Chemicals and Materials

What products or services does Savo Polymers And Petro Products Private Limited offer?

Savo Polymers And Petro Products Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Automotive Oils, Industrial Lubricants, Lubricating Oil, Servo Lubricating Oil, Gear Oil, EP 90 Gear Oil, Savsol Lubricating Oil, Engine Oil, Castrol Engine Oil.

Who are the key members and board of directors at Savo Polymers And Petro Products?

Executive Team (1)

Name Designation Appointment Date Status
Sanjeev Saboo Country flag representing In Managing Director 04-Aug-1988 Current

Board Members (3)

Name Designation Appointment Date Status
Trupti Saboo Country flag representing In Director 30-Sep-2020 Current
Hemanshu Saboo Country flag representing In Director 03-Mar-2014 Current
Sarita Saboo Country flag representing In Director 03-Feb-2016 Current

Financial Performance of Savo Polymers And Petro Products.

Savo Polymers And Petro Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.06% increase. The company also saw a substantial improvement in profitability, with a 17.39% increase in profit. The company's net worth Soared by an impressive increase of 24.5%.

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
20.06%
Revenue from Operations
20.28%
Total Assets
-21.71%
Profit or Loss
17.39%
Net Worth
24.50%
EBITDA
18.11%

What is the Ownership and Shareholding Structure of Savo Polymers And Petro Products?

In 2023, Savo Polymers And Petro Products 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

₹14.94 M

Satisfied Charges

₹0.20 M

Charges Breakdown by Lending Institutions

  • Others : 1.01 Cr
  • Canara Bank : 0.49 Cr

Latest Charge Details

Date Lender Amount Status
10 Oct 2019 Others ₹0.58 M Open
11 Jul 2005 Others ₹8.00 M Open
17 Feb 2004 Canara Bank ₹0.61 M Open
02 Jun 2003 Others ₹1.50 M Open
30 Apr 2003 Canara Bank ₹3.50 M Open

How Many Employees Work at Savo Polymers And Petro Products?

Savo Polymers And Petro Products has a workforce of 8 employees as of Mar 27, 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 Savo Polymers And Petro Products, 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 Savo Polymers And Petro Products'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 Savo Polymers And Petro Products

Recent activity within the organization

  • Annual General Meeting

    Savo Polymers And Petro Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Savo Polymers And Petro Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Director Appointment

    Trupti Saboo was appointed as a Director was appointed as a Director on 30 Sep 2020 & has been associated with this company since 4 years 4 months .

    30 Sep 2020

  • Charges

    A charge with Others of Rs. 8.00 M registered on 11 Jul 2005 with Charge ID 90020990 was modified on 30 Nov 2019.

    30 Nov 2019

  • Charges

    A charge with Others of Rs. 1.50 M registered on 02 Jun 2003 with Charge ID 90022900 was modified on 30 Nov 2019.

    30 Nov 2019

  • Charges

    A charge with Others amounted to Rs. 0.58 M with Charge ID 100314321 was registered on 10 Oct 2019.

    10 Oct 2019

Frequently asked questions

  • Savo Polymers And Petro Products Private Limited was incorporated on 04 Aug 1988.

  • The authorized share capital of Savo Polymers And Petro Products Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.69 M.

  • Currently 4 directors are associated with Savo Polymers And Petro Products Private Limited.

    • Sanjeev Kumar Saboo
    • Hemanshu Saboo
    • Sarita Saboo
    • Trupti Saboo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Savo Polymers And Petro Products Private Limited is 18/495A Savo Sadanm M Ali Road India, Calicut, Kerala, 673002.

  • The corporate identification number (CIN) of Savo Polymers And Petro Products Private Limited is U24134KL1988PTC005138 and the company number is 005138 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Savo Polymers And Petro Products Private Limited is https://www.savooil.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Savo Polymers And Petro Products Private Limited has risen by 20.06%.

  • As Per 2023 financial reports, 8 employees are currently employed by Savo Polymers And Petro Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Savo Polymers And Petro Products Private Limited has experienced an upsurge of 24.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Savo Polymers And Petro Products Private Limited amount to ₹ 1.49 Cr.

  • The most recent Balance Sheet for Savo Polymers And Petro Products Private Limited was filed with the ROC on 31 Mar 2023.

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