Shanmugar Salterns Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.15 M
- Company Age 46 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.82 Cr
- Revenue Growth 71.07%
- Profit Growth 24.95%
- Ebitda -45.47%
- Net Worth 64.23%
- Total Assets 14.49%
About Shanmugar Salterns
Shanmugar Salterns Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1978 and has a history of 46 years and ten months. Its registered office is in Tuticorin, Tamil Nadu, India.
The Company is engaged in the Food And Beverages 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 1.50 M and a paid-up capital of Rs 0.15 M.
The company currently has active open charges totaling ₹8.82 Cr.
Ganapathy Natarajasubramanian, Ratnavel Natarajan, Mariappan Vairavel, and Three other members serve as directors at the Company.
Company Details
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Location
Tuticorin, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U92132TN1978PTC007482
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Company No.
007482
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 Mar 1978
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Shanmugar Salterns?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ganapathy Natarajasubramanian
|
Managing Director | 31-Mar-1978 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ratnavel Natarajan
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Director | 31-Mar-1978 | Current |
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Mariappan Vairavel
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Director | 31-Mar-1978 | Current |
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Ganapathy Chakravarthy
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Director | 08-Apr-2019 | Current |
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Vairavel Manoj
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Director | 08-Apr-2019 | Current |
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Natarajasubramanian Prabhu
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Director | 08-Apr-2019 | Current |
Financial Performance of Shanmugar Salterns.
Shanmugar Salterns Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.07% increase. The company also saw a substantial improvement in profitability, with a 24.95% increase in profit. The company's net worth Soared by an impressive increase of 64.23%.
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What is the Ownership and Shareholding Structure of Shanmugar Salterns?
In 2023, Shanmugar Salterns had a public holding of 31.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sibaflor Natural Decorations Private LimitedMariappan Vairavel is a mutual person
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Ladum Industries (Opc) Private LimitedVairavel Manoj is a mutual person
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Charges (Loans)
₹88.18 M
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 8.38 Cr
- Others : 0.14 Cr
- Tamilnad Mercantile Bank Limited : 0.13 Cr
- Tamilnad Mercantile Bank Ltd. : 0.07 Cr
- Sundaram Finance Ltd. : 0.05 Cr
- Others : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 2024 | Indian Overseas Bank | ₹4.25 M | Open |
| 26 Aug 2016 | Others | ₹1.45 M | Open |
| 15 Nov 2011 | Indian Overseas Bank | ₹1.80 Cr | Open |
| 20 Nov 2009 | Indian Overseas Bank | ₹6.16 Cr | Open |
| 03 Jan 2009 | Tamilnad Mercantile Bank Limited | ₹1.31 M | Open |
How Many Employees Work at Shanmugar Salterns?
Shanmugar Salterns has a workforce of 16 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 Shanmugar Salterns, 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 Shanmugar Salterns'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.
