Shiraguppi Sugar Works Limited

Produces sugar and generates power through sugar processing and co-generation.

1995 | Belgaum, Karnataka (India) | Active
Last Updated: January 18, 2025

Shiraguppi Sugar Works Profile

Key Indicators

  • Authorised Capital ₹ 110.00 Cr
  • Paid Up Capital ₹ 105.00 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 501.85 Cr
  • Satisfied Charges ₹ 335.03 Cr

About Shiraguppi Sugar Works

Shiraguppi Sugar Works Limited (SSWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 May 1995 and has a history of 29 years and eight months. Its registered office is in Belgaum, Karnataka.

The Company is engaged in the Agriculture 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 110.00 Cr and a paid-up capital of Rs 105.00 Cr.

The company currently has active open charges totaling ₹501.85 Cr. The company has closed loans amounting to ₹335.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shiraguppi Sugar Works Limited India are Shrenik Khot as Cfo, Prithvi Doddanavar as Ceo, and Mehak Shaikh as Company Secretary. Praveen Doddanavar, Mahavir Sugannawar, Kallappa Magennavar, and Five other members serve as directors at the Company.

Company Details

  • Location
    Belgaum, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15429KA1995PLC017888

  • Company No.

    017888

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 May 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at Shiraguppi Sugar Works?

Executive Team (4)

Name Designation Appointment Date Status
Praveen Doddanavar Country flag representing In Managing Director 16-May-2006 Current
Shrenik Khot CFO 01-Apr-2019 Current
Prithvi Doddanavar CEO 03-Mar-2020 Current
Mehak Shaikh Company Secretary 01-Apr-2020 Current

Board Members (7)

Name Designation Appointment Date Status
Mahavir Sugannawar Country flag representing In Director 21-Jun-2017 Current
Kallappa Magennavar Country flag representing In Director 29-May-1995 Current
Savitri Doddanavar Country flag representing In Director 15-Oct-2015 Current
Satish Angolkar Country flag representing In Director 24-Jul-2023 Current
Ratan Lagamannavar Country flag representing In Director 02-Jul-2022 Current
Vinod Doddanavar Country flag representing In Director 16-May-2006 Current

Financial Performance of Shiraguppi Sugar Works.

Shiraguppi Sugar Works Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Shiraguppi Sugar Works?

In 2024, Shiraguppi Sugar Works had a promoter holding of 96.72% and a public holding of 3.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹501.85 Cr

Satisfied Charges

₹335.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 479.50 Cr
  • State Bank Of India : 22.35 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 2023 Others ₹4.75 Cr Open
18 Dec 2023 Others ₹15.00 Cr Open
17 Nov 2023 State Bank Of India ₹2.85 Cr Open
02 Nov 2023 Others ₹140.00 Cr Open
30 Oct 2023 Others ₹30.00 Cr Open

How Many Employees Work at Shiraguppi Sugar Works?

Shiraguppi Sugar Works has a workforce of 612 employees as of Jan 18, 2025. 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 Shiraguppi Sugar Works, 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 Shiraguppi Sugar Works'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 Shiraguppi Sugar Works

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 19.50 Cr registered on 07 Apr 2022 with Charge ID 100566452 was modified on 26 Nov 2024.

    26 Nov 2024

  • Annual General Meeting

    Shiraguppi Sugar Works Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 2.85 Cr registered on 17 Nov 2023 with Charge ID 100813280 was modified on 27 Jun 2024.

    27 Jun 2024

  • Charges

    A charge with Others of Rs. 4.75 Cr registered on 25 Oct 2023 with Charge ID 100810173 was modified on 01 Jun 2024.

    01 Jun 2024

  • Balance Sheet

    Shiraguppi Sugar Works 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 29 May 2019 via Charge ID 100265842 with Others was fully satisfied on 09 Feb 2024.

    09 Feb 2024

Frequently asked questions

  • Shiraguppi Sugar Works Limited was incorporated on 29 May 1995.

  • The authorized share capital of Shiraguppi Sugar Works Limited is ₹ 110.00 Cr and paid-up capital is ₹ 105.00 Cr.

  • Currently 11 directors are associated with Shiraguppi Sugar Works Limited.

    • Praveen Vrishabhanath Doddanavar
    • Mahavir Parisa Sugannawar
    • Kallappa Magennavar
    • Savitri Ramesh Doddanavar
    • Satish Ramkrishna Angolkar
    • Ratan Yellappa Lagamannavar
    • Shrenik Babasaheb Khot
    • Prithvi Vinod Doddanavar
    • Mehak Yasin Shaikh
    • Vinod Pushpadant Doddanavar
    • Ramesh Pushpadant Doddanavar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shiraguppi Sugar Works Limited is 62 Ambhigalli, Manjri591 264 India, Belgaum, Karnataka.

  • The corporate identification number (CIN) of Shiraguppi Sugar Works Limited is U15429KA1995PLC017888 and the company number is 017888 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shiraguppi Sugar Works Limited is https://www.sswlsugars.com

  • As Per 2024 financial reports, 612 employees are currently employed by Shiraguppi Sugar Works Limited.

  • As per the financial statements for fiscal Year 2024, The total open charges for Shiraguppi Sugar Works Limited amount to ₹ 501.85 Cr.

  • The most recent Balance Sheet for Shiraguppi Sugar Works Limited was filed with the ROC on 31 Mar 2024.

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