Shanmugar Salterns Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.15 M
- Company Age 46 Year, 11 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 11 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
- Location
Tuticorin, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U92132TN1978PTC007482
- Company No.
007482
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Mar 1978
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Food and Beverages
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 | Director | 31-Mar-1978 | Current |
| Mariappan Vairavel | Director | 31-Mar-1978 | Current |
| Ganapathy Chakravarthy | Director | 08-Apr-2019 | Current |
| Vairavel Manoj | Director | 08-Apr-2019 | Current |
| Natarajasubramanian Prabhu | 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%.
- 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 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)
Sibaflor Natural Decorations Private LimitedMariappan Vairavel is a mutual person
- Ladum Industries (Opc) Private Limited
Vairavel Manoj is a mutual person
Charges (Loans)
Open Charges
₹88.18 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Shanmugar Salterns
Recent activity within the organization
- Charges
A charge with Indian Overseas Bank amounted to Rs. 4.25 M with Charge ID 100926309 was registered on 21 Feb 2024.
- Annual General Meeting
Shanmugar Salterns Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Shanmugar Salterns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Indian Overseas Bank of Rs. 18.00 M registered on 15 Nov 2011 with Charge ID 10323871 was modified on 04 Sep 2021.
- Director Appointment
Ganapathy Natarajan Chakravarthy was appointed as a Director was appointed as a Director on 08 Apr 2019 & has been associated with this company since 5 years 10 months .
- Director Appointment
Vairavel Manoj was appointed as a Director was appointed as a Director on 08 Apr 2019 & has been associated with this company since 5 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Shanmugar Salterns Private Limited?
Shanmugar Salterns Private Limited was incorporated on 31 Mar 1978.
What is authorized share capital and paid-up capital of Shanmugar Salterns Private Limited?
The authorized share capital of Shanmugar Salterns Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.15 M.
Who are the current board members & directors of Shanmugar Salterns Private Limited?
Currently 6 directors are associated with Shanmugar Salterns Private Limited.
- Ganapathy Natarajasubramanian
- Ratnavel Natarajan
- Mariappan Vairavel
- Ganapathy Natarajan Chakravarthy
- Vairavel Manoj
- Natarajasubramanian Prabhu
What is the registered address of Shanmugar Salterns Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shanmugar Salterns Private Limited is 465/1, Veppalodai Village Ottapidaram Taluk India, Vilathikulam, Tamil Nadu, 628903.
What is the corporate identification number (CIN) and company number of Shanmugar Salterns Private Limited?
The corporate identification number (CIN) of Shanmugar Salterns Private Limited is U92132TN1978PTC007482 and the company number is 007482 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shanmugar Salterns Private Limited?
The Official website of Shanmugar Salterns Private Limited is https://www.kspssalt.com
What has been the recent revenue trend for Shanmugar Salterns Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shanmugar Salterns Private Limited has risen by 71.07%.
How many employees does Shanmugar Salterns Private Limited currently have?
As Per 2023 financial reports, 16 employees are currently employed by Shanmugar Salterns Private Limited.
What change has been observed in the net worth of Shanmugar Salterns Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shanmugar Salterns Private Limited has experienced an upsurge of 64.23%.
What are the total open charges for Shanmugar Salterns Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shanmugar Salterns Private Limited amount to ₹ 8.82 Cr.
When was the last Balance Sheet of Shanmugar Salterns Private Limited filed with the ROC?
The most recent Balance Sheet for Shanmugar Salterns Private Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
RN
Rajalakshmi NatarajanDirectorMS
Mariappan SornalathaDirectorGS
Ganapathy ShunmugathaiDirector
Similar Companies Based on Flavouring & Seasoning Additives
Symrise Private Limited Kanchipuram, Tamil Nadu, India
International Flavours & Fragrances India Private Limited Chennai City Corporation, Tamil Nadu, India
Danisco (India) Private Limited New Delhi, Delhi, India
Tata Consumer Products Limited Kolkata, West Bengal, India
Roha Dye Chem Private Limited Mumbai, Maharashtra, India
Sharp Mint Limited Delhi, India
Synthite Industries Private Limited Ernakulam, Kerala, India
S H Kelkar And Company Limited Mumbai, Maharashtra, India