Shimoga Piston Rings Private Limited

Manufactures piston rings, sealing rings, CI castings, and ferrous metals for automobiles and engineering.

1997 | Shimoga, Karnataka (India) | Active
Last Updated: January 10, 2025

Shimoga Piston Rings Profile

Key Indicators

  • Authorised Capital ₹ 3.75 Cr
  • Paid Up Capital ₹ 2.29 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.12 Cr
  • Satisfied Charges ₹ 2.35 Cr
  • Revenue Growth 28.93%
  • Profit Growth 619.27%
  • Ebitda 50.96%
  • Net Worth 24.22%
  • Total Assets 25.55%

About Shimoga Piston Rings

Shimoga Piston Rings Private Limited (SPRPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 1997 and has a history of 27 years and eight months. Its registered office is in Shimoga, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 3.75 Cr and a paid-up capital of Rs 2.29 Cr.

The company currently has active open charges totaling ₹1.12 Cr. The company has closed loans amounting to ₹2.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subraya Udayakumar and Honnali Shivakumar 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

    U27320KA1997PTC022439

  • Company No.

    022439

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Shimoga Piston Rings?

Board Members (2)

NameDesignationAppointment DateStatus
Subraya Udayakumar Country flag representing In Director 25-Jun-1997Current
Honnali Shivakumar Country flag representing In Director 30-Sep-1997Current

Financial Performance of Shimoga Piston Rings.

Shimoga Piston Rings Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.93% increase. The company also saw a substantial improvement in profitability, with a 619.27% increase in profit. The company's net worth Soared by an impressive increase of 24.22%.

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
28.93%
Revenue from Operations
25.71%
Total Assets
25.55%
Profit or Loss
619.27%
Net Worth
24.22%
EBITDA
50.96%

What is the Ownership and Shareholding Structure of Shimoga Piston Rings?

In 2020, Shimoga Piston Rings 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

₹1.12 Cr

Satisfied Charges

₹2.35 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.96 Cr
  • Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2022Canara Bank₹0.65 MOpen
07 Aug 2021Hdfc Bank Limited₹1.70 MOpen
01 Jul 2020Canara Bank₹1.20 MOpen
29 May 2020Canara Bank₹0.70 MOpen
21 Apr 2008Canara Bank₹7.00 MOpen

How Many Employees Work at Shimoga Piston Rings?

Shimoga Piston Rings has a workforce of 14 employees as of Apr 07, 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 Shimoga Piston Rings, 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 Shimoga Piston Rings'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 Shimoga Piston Rings

Recent activity within the organization

  • Annual General Meeting

    Shimoga Piston Rings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shimoga Piston Rings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.07 Cr with Charge ID 100542830 was registered on 18 Jan 2022.

    18 Jan 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100474495 was registered on 07 Aug 2021.

    07 Aug 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 0.12 Cr with Charge ID 100355020 was registered on 01 Jul 2020.

    01 Jul 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 0.07 Cr with Charge ID 100355013 was registered on 29 May 2020.

    29 May 2020

Frequently asked questions

  • Shimoga Piston Rings Private Limited was incorporated on 25 Jun 1997.

  • The authorized share capital of Shimoga Piston Rings Private Limited is ₹ 3.75 Cr and paid-up capital is ₹ 2.29 Cr.

  • Currently 2 directors are associated with Shimoga Piston Rings Private Limited.

    • Subraya Adiga Udayakumar
    • Honnali Madappa Shivakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shimoga Piston Rings Private Limited is C-25, Indl.Estate Sagar India, Sagar RoadShimoga, Karnataka, 577204.

  • The corporate identification number (CIN) of Shimoga Piston Rings Private Limited is U27320KA1997PTC022439 and the company number is 022439 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shimoga Piston Rings Private Limited has risen by 28.93%.

  • As Per 2022 financial reports, 14 employees are currently employed by Shimoga Piston Rings Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shimoga Piston Rings Private Limited has experienced an upsurge of 24.22%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shimoga Piston Rings Private Limited amount to ₹ 1.12 Cr.

  • The most recent Balance Sheet for Shimoga Piston Rings Private Limited was filed with the ROC on 31 Mar 2024.

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