Secan Invescast India Private Limited

Manufacturer of stainless steel castings and valve spares for various industries, with windmill power generation.

2005 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 03, 2024

Secan Invescast India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.83 Cr
  • Company Age 20 Year, 30 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 34.37 Cr
  • Revenue Growth 41.29%
  • Profit Growth 73.62%
  • Ebitda 67.52%
  • Net Worth 25.01%
  • Total Assets 48.26%

About Secan Invescast India

Secan Invescast India Private Limited (SIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 January 2005 and has a history of 20 years. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 1.83 Cr.

The company currently has active open charges totaling ₹34.37 Cr.

Elavarasan, Ponnuthai, Velusamy, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    secangroups.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310TZ2005PTC011522

  • Company No.

    011522

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Secan Invescast India Private Limited offer?

Secan Invescast India Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Globe Valves, Knife Gate Valves.

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

Executive Team (1)

Name Designation Appointment Date Status
Velusamy Country flag representing In Managing Director 12-Jan-2005 Current

Board Members (3)

Name Designation Appointment Date Status
Elavarasan Country flag representing In Whole-Time Director 01-Aug-2018 Current
Ponnuthai Country flag representing In Whole-Time Director 12-Jan-2005 Current
Velusamy Elakkiya Country flag representing In Director 13-Jun-2019 Current

Financial Performance of Secan Invescast India.

Secan Invescast India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.29% increase. The company also saw a substantial improvement in profitability, with a 73.62% increase in profit. The company's net worth Soared by an impressive increase of 25.01%.

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
41.29%
Revenue from Operations
41.28%
Total Assets
48.26%
Profit or Loss
73.62%
Net Worth
25.01%
EBITDA
67.52%

What is the Ownership and Shareholding Structure of Secan Invescast India?

In 2023, Secan Invescast India had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.37 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 34.37 Cr

Latest Charge Details

Date Lender Amount Status
16 Nov 2006 State Bank Of India ₹34.37 Cr Open

How Many Employees Work at Secan Invescast India?

Secan Invescast India has a workforce of 62 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 Secan Invescast 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 Secan Invescast 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 Secan Invescast India

Recent activity within the organization

  • Annual General Meeting

    Secan Invescast 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 State Bank Of India of Rs. 34.37 Cr registered on 16 Nov 2006 with Charge ID 10031001 was modified on 17 Jul 2023.

    17 Jul 2023

  • Balance Sheet

    Secan Invescast India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Velusamy Elakkiya was appointed as a Director was appointed as a Director on 13 Jun 2019 & has been associated with this company since 5 years 8 months .

    13 Jun 2019

  • Director Appointment

    Elavarasan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Aug 2018 & has been associated with this company since 6 years 6 months .

    01 Aug 2018

  • Charges

    A charge with State Bank Of India amounted to Rs. 34.37 Cr with Charge ID 10031001 was registered on 16 Nov 2006.

    16 Nov 2006

Frequently asked questions

  • Secan Invescast India Private Limited was incorporated on 12 Jan 2005.

  • The authorized share capital of Secan Invescast India Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.83 Cr.

  • Currently 4 directors are associated with Secan Invescast India Private Limited.

    • Elavarasan
    • Ponnuthai
    • Velusamy
    • Velusamy Elakkiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Secan Invescast India Private Limited is Sf No.504/2C L&T Bypass Road Eachanari (Po), Coimbatore, Tamil Nadu, India, 641021.

  • The corporate identification number (CIN) of Secan Invescast India Private Limited is U27310TZ2005PTC011522 and the company number is 011522 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Secan Invescast India Private Limited is https://www.secangroups.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Secan Invescast India Private Limited has risen by 41.29%.

  • As Per 2023 financial reports, 62 employees are currently employed by Secan Invescast India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Secan Invescast India Private Limited has experienced an upsurge of 25.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Secan Invescast India Private Limited amount to ₹ 34.37 Cr.

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