Shirdi Sai Electricals Profile
Key Indicators
- Authorised Capital ₹ 35.50 Cr
- Paid Up Capital ₹ 34.87 Cr
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,597.74 Cr
- Satisfied Charges ₹ 1,183.22 Cr
- Revenue Growth 52.81%
- Profit Growth 80.83%
- Ebitda 88.82%
- Net Worth 126.34%
- Total Assets 105.21%
About Shirdi Sai Electricals
Shirdi Sai Electricals Limited (SSEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 July 2010 and has a history of 14 years and nine months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Shirdi Sai Electrical Limited.. The Company is engaged in the Energy And Power 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 35.50 Cr and a paid-up capital of Rs 34.87 Cr.
The company currently has active open charges totaling ₹2,597.74 Cr. The company has closed loans amounting to ₹1,183.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shirdi Sai Electricals Limited India are Srinivas Avasarala as Cfo, Sharat Kolla as Ceo, and Dhikshitha Mogli as Company Secretary. Vikram Mamidipudi, Kanakadhara Srinivasan, Visweswara Narreddy, and Four other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31401TG2010PLC069777
- Company No.
069777
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Jul 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Energy and Power
What products or services does Shirdi Sai Electricals Limited offer?
Shirdi Sai Electricals Limited offers a wide range of products and services, including Distribution Transformer, Plant Design & Installation Services, Plant & Equipment Erection Services, Power Transformers, Isolation Transformers, CSP Transformer, Accounting Services, Financial Accounting, Electrical Installation, Transmission Line Installation.
Shirdi Sai Electricals Limited
Explore comprehensive data for Shirdi Sai Electricals Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shirdi Sai Electricals?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Visweswara Narreddy  | Managing Director | 30-Jul-2010 | Current |
| Srinivas Avasarala | CFO | 05-Aug-2017 | Current |
| Sharat Kolla | CEO | 10-Sep-2018 | Current |
| Dhikshitha Mogli | Company Secretary | 27-Nov-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikram Mamidipudi | Director | 18-Jun-2018 | Current |
| Kanakadhara Srinivasan | Director | 20-Dec-2019 | Current |
| Murali Reddy | Director | 09-Jan-2023 | Current |
| Sharat Kolla | Director and Ceo | 30-Jul-2021 | Current |
| Narreddy Reddy | Whole-Time Director | 03-Jan-2022 | Current |
| Sudheer Vennam | Whole-Time Director | 09-Jan-2023 | Current |
Financial Performance of Shirdi Sai Electricals.
Shirdi Sai Electricals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.81% increase. The company also saw a substantial improvement in profitability, with a 80.83% increase in profit. The company's net worth Soared by an impressive increase of 126.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shirdi Sai Electricals?
In 2023, Shirdi Sai Electricals had a promoter holding of 71.59% and a public holding of 28.41%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹2,597.74 Cr
Satisfied Charges
₹1,183.22 Cr
Charges Breakdown by Lending Institutions
- Others : 1384.46 Cr
- Sbicap Trustee Company Limited : 1147.10 Cr
- State Bank Of India : 50.00 Cr
- Tata Cleantech Capital Limited : 7.56 Cr
- Canara Bank : 4.02 Cr
- Others : 4.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2024 | Others | ₹99.00 Cr | Open |
| 08 Dec 2023 | Others | ₹1,070.00 Cr | Open |
| 20 Nov 2023 | Canara Bank | ₹3.62 Cr | Open |
| 29 Aug 2023 | Axis Bank Limited | ₹2.37 Cr | Open |
| 29 Mar 2023 | Canara Bank | ₹3.98 M | Open |
How Many Employees Work at Shirdi Sai Electricals?
Shirdi Sai Electricals has a workforce of 950 employees as of Oct 15, 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 Shirdi Sai Electricals, 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 Shirdi Sai Electricals'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 Shirdi Sai Electricals
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 99.00 Cr with Charge ID 100989666 was registered on 04 Oct 2024.
- Charges
A charge registered on 17 Jul 2019 via Charge ID 100291188 with Others was fully satisfied on 27 Jun 2024.
- Charges
A charge with Others of Rs. 191.39 Cr registered on 30 Sep 2022 with Charge ID 100620655 was modified on 14 May 2024.
- Charges
A charge registered on 15 Mar 2023 via Charge ID 100700036 with Others was fully satisfied on 01 Mar 2024.
- Charges
A charge with Others of Rs. 1,070.00 Cr registered on 08 Dec 2023 with Charge ID 100837849 was modified on 15 Dec 2023.
- Charges
A charge with Others amounted to Rs. 1,070.00 Cr with Charge ID 100837849 was registered on 08 Dec 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Shirdi Sai Electricals Limited?
Shirdi Sai Electricals Limited was incorporated on 30 Jul 2010.
What is authorized share capital and paid-up capital of Shirdi Sai Electricals Limited?
The authorized share capital of Shirdi Sai Electricals Limited is ₹ 35.50 Cr and paid-up capital is ₹ 34.87 Cr.
Who are the current board members & directors of Shirdi Sai Electricals Limited?
Currently 10 directors are associated with Shirdi Sai Electricals Limited.
- Vikram Ravindra Mamidipudi
- Kanakadhara Srinivasan
- Visweswara Reddy Narreddy
- Murali Mohan Lomada Reddy
- Sharat Chandra Kolla
- Narreddy Vamsi Reddy
- Sudheer Vennam
- Srinivas Avasarala
- Sharat Chandra Kolla
- Dhikshitha Mogli
What is the registered address of Shirdi Sai Electricals Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shirdi Sai Electricals Limited is G Pulla Reddy Sweets Building 3Rd Floor 6-3-8-879/B Greenland Road, Begumpet India, Hyderabad, Telangana, 500016.
What is the corporate identification number (CIN) and company number of Shirdi Sai Electricals Limited?
The corporate identification number (CIN) of Shirdi Sai Electricals Limited is U31401TG2010PLC069777 and the company number is 069777 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shirdi Sai Electricals Limited?
The Official website of Shirdi Sai Electricals Limited is https://www.ssel.in
What has been the recent revenue trend for Shirdi Sai Electricals Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shirdi Sai Electricals Limited has risen by 52.81%.
How many employees does Shirdi Sai Electricals Limited currently have?
As Per 2023 financial reports, 950 employees are currently employed by Shirdi Sai Electricals Limited.
What change has been observed in the net worth of Shirdi Sai Electricals Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shirdi Sai Electricals Limited has experienced an upsurge of 126.34%.
What are the total open charges for Shirdi Sai Electricals Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shirdi Sai Electricals Limited amount to ₹ 2,597.74 Cr.
When was the last Balance Sheet of Shirdi Sai Electricals Limited filed with the ROC?
The most recent Balance Sheet for Shirdi Sai Electricals Limited was filed with the ROC on 31 Mar 2023.
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