Servo Packaging Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.23 Cr
- Company Age 34 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 80.45 Cr
- Satisfied Charges ₹ 83.63 Cr
- Revenue Growth 13.79%
- Profit Growth -16.28%
- Ebitda 23.83%
- Net Worth 10.37%
- Total Assets 7.56%
About Servo Packaging
Servo Packaging Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 July 1990 and has a history of 34 years and seven months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Servo Packaging Private Limited. The Company is engaged in the Packaging 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 5.00 Cr and a paid-up capital of Rs 4.23 Cr.
The company currently has active open charges totaling ₹80.45 Cr. The company has closed loans amounting to ₹83.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Jalan, Sandip Jalan, Sisir Jalan, and Three other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31104WB1990PLC049464
- Company No.
049464
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jul 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Servo Packaging Limited offer?
Servo Packaging Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Additive Masterbatches, Food Packaging Materials & Supplies, Mesh Bags, Yarns & Threads, Natural Fiber Yarns, Jute Carry Bag, Fancy Jute Bag, PVC Film, Stretch Film.
Who are the key members and board of directors at Servo Packaging?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nippu Kumar  | Director | 24-Apr-2024 | Current |
| Suresh Jalan | Whole-Time Director | 19-Jul-1990 | Current |
| Sandip Jalan | Director | 31-Jul-2000 | Current |
| Sisir Jalan | Whole-Time Director | 31-Jul-2000 | Current |
| Sumit Jalan | Whole-Time Director | 01-Apr-2009 | Current |
| Nitesh Sharma | Director | 30-Sep-2022 | Current |
Financial Performance of Servo Packaging.
Servo Packaging Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.79% increase. The company also saw a substantial fall in profitability, with a 16.28% decrease in profit. The company's net worth Soared by an impressive increase of 10.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Servo Packaging?
In 2023, Servo Packaging had a promoter holding of 81.65% and a public holding of 18.35%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Osrm Tech Pack Private LimitedSandip Jalan is a mutual person
Jalan Packaging Pvt LtdSuresh Jalan and Sisir Jalan are mutual person
Indian Plastics FederationSandip Jalan and Sisir Jalan are mutual person
Servo Plastichem Private LimitedSandip Jalan is a mutual person
Sun Farmaceutical Pvt LtdSuresh Jalan and Sisir Jalan are mutual person
- Jalan Commercial Pvt Ltd
Suresh Jalan and Sisir Jalan are mutual person
Charges (Loans)
₹80.45 Cr
₹83.63 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 28.02 Cr
- Hdfc Bank Limited : 24.36 Cr
- Sidbi : 16.67 Cr
- Others : 10.40 Cr
- Icici Bank Limited : 0.87 Cr
- Others : 0.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Sidbi | ₹1.15 Cr | Open |
| 07 Jun 2024 | Hdfc Bank Limited | ₹1.62 M | Open |
| 22 Nov 2023 | Sidbi | ₹6.44 M | Open |
| 22 Nov 2023 | Sidbi | ₹1.50 Cr | Open |
| 10 Nov 2022 | Sidbi | ₹4.13 Cr | Open |
How Many Employees Work at Servo Packaging?
Servo Packaging has a workforce of 178 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Servo Packaging, 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 Servo Packaging'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
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.
