Scorpio Engineering Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 38 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 27.61 Cr
- Revenue Growth -99.99%
- Profit Growth 17.17%
- Ebitda 55.53%
- Net Worth -61.69%
- Total Assets -97.04%
About Scorpio Engineering
Scorpio Engineering Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 October 1986 and has a history of 38 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 3.50 Cr and a paid-up capital of Rs 3.50 Cr.
The company has closed loans amounting to ₹27.61 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Balan Velan and Meera Velan 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
U40106KA1986PTC007827
- Company No.
007827
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Oct 1986
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Scorpio Engineering Private Limited offer?
Scorpio Engineering Private Limited offers a wide range of products and services, including Material Handling Machines & Systems, Industrial Hopper, Pollution Control Devices & Machines, Industrial Air Filter, Unloading Machinery, Conveyor Systems & Components, Screw Conveyors, Conveyor Feeders, Pneumatic Conveyors, Commercial Vehicle Spare Parts.
Who are the key members and board of directors at Scorpio Engineering?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balan Velan  | Managing Director | 07-Oct-1986 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Meera Velan | Director | 07-Oct-1986 | Current |
Financial Performance of Scorpio Engineering.
Scorpio Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.99% decrease. The company also saw a substantial improvement in profitability, with a 17.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 61.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Scorpio Engineering?
In 2023, Scorpio Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Scorpio Engineering Bmh Private LimitedBalan Velan and Meera Velan are mutual person
Charges (Loans)
₹0
₹27.61 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 24.26 Cr
- Times Bannk Limited : 2.00 Cr
- Karnataka State Financial Co. : 1.04 Cr
- The Karnataka State Financial Co. : 0.13 Cr
- Karnataka Financial Service Ltd . : 0.04 Cr
- Others : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2006 | Citicorp Maruti Finance Limited | ₹0.35 M | Satisfied |
| 05 Sep 2003 | Indian Overseas Bank | ₹2.68 M | Satisfied |
| 01 May 2003 | Citicorp Finance India Limited | ₹0.30 M | Satisfied |
| 20 Jan 2000 | Indian Overseas Bank | ₹21.00 Cr | Satisfied |
| 20 Jan 2000 | Indian Overseas Bank | ₹2.90 Cr | Satisfied |
How Many Employees Work at Scorpio Engineering?
Scorpio Engineering has a workforce of 3 employees as of Apr 09, 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 Scorpio Engineering, 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 Scorpio Engineering'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
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