Sharada Foundry Services Private Limited

Manufactures shell molds and nobake cores since 1993 in Karnataka.

1993 | Shimoga, Karnataka (India) | Active
Last Updated: November 16, 2024

Sharada Foundry Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.33 M
  • Satisfied Charges ₹ 4.80 M
  • Revenue Growth 7.99%
  • Profit Growth -114.66%
  • Ebitda -282.30%
  • Net Worth -1489.20%
  • Total Assets -14.60%

About Sharada Foundry Services

Sharada Foundry Services Private Limited (SFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 June 1993 and has a history of 31 years and eight months. Its registered office is in Shimoga, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹0.33 M. The company has closed loans amounting to ₹4.80 M, as per Ministry of Corporate Affairs (MCA) records.

Doddamane Ashok, Sheela Chandrashekar, Hosa Sathish, and Three other members serve as directors at the Company.

Company Details

  • Location

    Shimoga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24241KA1993PTC014451

  • Company No.

    014451

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Sharada Foundry Services?

Board Members (6)

NameDesignationAppointment DateStatus
Doddamane Ashok Country flag representing In Director 23-Mar-2000Current
Sheela Chandrashekar Country flag representing In Director 10-Feb-1994Current
Hosa Sathish Country flag representing In Director 23-Mar-2000Current
Vishalakshi Mahadevappa Country flag representing In Director 10-Feb-1994Current
Nirmala Shanphappanavara Country flag representing In Director 10-Feb-1994Current
Kittur Muralidhar Country flag representing In Director 18-Jun-1993Current

Financial Performance of Sharada Foundry Services.

Sharada Foundry Services Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.99% increase. The company also saw a substantial fall in profitability, with a 114.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1489.2%.

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
7.99%
Revenue from Operations
8.07%
Total Assets
-14.60%
Profit or Loss
-114.66%
Net Worth
-1489.20%
EBITDA
-282.30%

What is the Ownership and Shareholding Structure of Sharada Foundry Services?

In 2023, Sharada Foundry Services 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

₹0.33 M

Satisfied Charges

₹4.80 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
14 Nov 1994Indian Overseas Bank₹0.33 MOpen
04 Nov 2008Karnataka State Financial Corporation₹1.80 MSatisfied
28 Feb 2007The Karnataka State Financial Corporation₹1.00 MSatisfied
30 Mar 2001Karnataka State Financial Corporation₹2.00 MSatisfied

How Many Employees Work at Sharada Foundry Services?

Unlock and access historical data on people associated with Sharada Foundry Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sharada Foundry Services, 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 Sharada Foundry Services'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 Sharada Foundry Services

Recent activity within the organization

  • Annual General Meeting

    Sharada Foundry Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sharada Foundry Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 04 Nov 2008 via Charge ID 10126964 with Karnataka State Financial Corporation was fully satisfied on 19 Sep 2011.

    19 Sep 2011

  • Charges

    A charge registered on 28 Feb 2007 via Charge ID 10039295 with The Karnataka State Financial Corporation was fully satisfied on 19 Sep 2011.

    19 Sep 2011

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 1.80 M with Charge ID 10126964 was registered on 04 Nov 2008.

    04 Nov 2008

  • Charges

    A charge registered on 30 Mar 2001 via Charge ID 80028543 with Karnataka State Financial Corporation was fully satisfied on 24 Apr 2007.

    24 Apr 2007

Frequently asked questions

  • Sharada Foundry Services Private Limited was incorporated on 18 Jun 1993.

  • The authorized share capital of Sharada Foundry Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.50 M.

  • Currently 6 directors are associated with Sharada Foundry Services Private Limited.

    • Doddamane Basavaraj Ashok
    • Sheela Chandrashekar
    • Hosa Gowda Sathish
    • Vishalakshi Channapla Mahadevappa
    • Nirmala Shanphappanavara
    • Kittur Venkatasubbiah Muralidhar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharada Foundry Services Private Limited is 35-A/1 Shimoga Bhadrawathi Industrial Area Machenahalli, India, Nidige Post., Karnataka, 577222.

  • The corporate identification number (CIN) of Sharada Foundry Services Private Limited is U24241KA1993PTC014451 and the company number is 014451 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sharada Foundry Services Private Limited has risen by 7.99%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sharada Foundry Services Private Limited has experienced an downturn of -1489.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sharada Foundry Services Private Limited amount to ₹ 0.33 M.

  • The most recent Balance Sheet for Sharada Foundry Services Private Limited was filed with the ROC on 31 Mar 2024.