Scutes India Private Limited

Manufactures machine tool protective covers and accessories, offers design, refurbishing, and repair services.

2018 | Pune, Maharashtra (India) | Active
Last Updated: October 23, 2024

Scutes India Profile

Key Indicators

  • Authorised Capital ₹ 1.90 M
  • Paid Up Capital ₹ 1.90 M
  • Company Age 7 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.37 Cr
  • Revenue Growth 13.97%
  • Profit Growth 7.70%
  • Ebitda 17.33%
  • Net Worth 47.27%
  • Total Assets 19.16%

About Scutes India

Scutes India Private Limited (SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 February 2018 (Seven years 6 days old ). Its registered office is in Pune, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.90 M and a paid-up capital of Rs 1.90 M.

The company currently has active open charges totaling ₹3.37 Cr.

Nikhil Khanbarad and Ajit Rode serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    scutesindia.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2018PTC174765

  • Company No.

    174765

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Scutes India Private Limited offer?

Scutes India Private Limited offers a wide range of products and services, including Industrial & Engineering Goods, Industrial Bellow, VFD, PLC, HMI & Control Equipments, Control Equipment, Equipment Covers, Material Cutting Services, Laser Cutting Services, CNC Cutting Service, Manufacturing & Assembling Services, Bending Service.

Who are the key members and board of directors at Scutes India?

Board Members (2)

NameDesignationAppointment DateStatus
Nikhil Khanbarad Country flag representing In Director 16-Feb-2018Current
Ajit Rode Country flag representing In Director 16-Feb-2018Current

Financial Performance of Scutes India.

Scutes India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.97% increase. The company also saw a slight improvement in profitability, with a 7.7% increase in profit. The company's net worth Soared by an impressive increase of 47.27%.

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
13.97%
Revenue from Operations
13.80%
Total Assets
19.16%
Profit or Loss
7.70%
Net Worth
47.27%
EBITDA
17.33%

What is the Ownership and Shareholding Structure of Scutes India?

In 2023, Scutes India 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

₹33.74 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.47 Cr
  • Sidbi : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Sidbi₹9.00 MOpen
05 Oct 2023Others₹2.25 MOpen
21 Aug 2023Others₹1.17 MOpen
29 Jan 2022Others₹1.50 MOpen
06 Oct 2021Others₹2.95 MOpen

How Many Employees Work at Scutes India?

Scutes India has a workforce of 24 employees as of Apr 08, 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 Scutes India, 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 Scutes India'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 Scutes India

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 9.00 M with Charge ID 100905527 was registered on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with Others of Rs. 2.25 M registered on 05 Oct 2023 with Charge ID 100840939 was modified on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge with Others of Rs. 10.00 M registered on 28 Mar 2019 with Charge ID 100258691 was modified on 10 Nov 2023.

    10 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 2.25 M with Charge ID 100840939 was registered on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

    Scutes India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.17 M with Charge ID 100783135 was registered on 21 Aug 2023.

    21 Aug 2023

Frequently asked questions

  • Scutes India Private Limited was incorporated on 16 Feb 2018.

  • The authorized share capital of Scutes India Private Limited is ₹ 1.90 M and paid-up capital is ₹ 1.90 M.

  • Currently 2 directors are associated with Scutes India Private Limited.

    • Nikhil Chandrashekhar Khanbarad
    • Ajit Appasaheb Rode
  • As per Ministry of Corporate Affairs (Mca), the registered address of Scutes India Private Limited is Plot No.A-119/122 H Block Midc, Pimpri India, Pune, Maharashtra, 411018.

  • The corporate identification number (CIN) of Scutes India Private Limited is U74999PN2018PTC174765 and the company number is 174765 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Scutes India Private Limited is https://www.scutesindia.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Scutes India Private Limited has risen by 13.97%.

  • As Per 2023 financial reports, 24 employees are currently employed by Scutes India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Scutes India Private Limited has experienced an upsurge of 47.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Scutes India Private Limited amount to ₹ 3.37 Cr.

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