Shivashakti Sugars Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 33.86 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,060.03 Cr
- Satisfied Charges ₹ 532.83 Cr
- Revenue Growth 49.02%
- Profit Growth 429.00%
- Ebitda 14.96%
- Net Worth 57.70%
- Total Assets -17.87%
About Shivashakti Sugars
Shivashakti Sugars Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 April 1995 and has a history of 29 years and ten months. Its registered office is in Belgaum, Karnataka, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 33.86 Cr.
The company currently has active open charges totaling ₹1,060.03 Cr. The company has closed loans amounting to ₹532.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shivashakti Sugars Limited India are Sadashiv Nippane as CFO and Sneha Patil as Company Secretary. Govindasamy Krishnan, Anil Bagi, Deepti Aradhya, and Five other members serve as directors at the Company.
Company Details
- Location
Belgaum, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U15421KA1995PLC017655
- Company No.
017655
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Apr 1995
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Shivashakti Sugars Limited offer?
Shivashakti Sugars Limited offers a wide range of products and services, including Bakery & Confectionery Products, Confectionery Ingredients, Cereals & Food Grains, Sugar, Candy & Jelly.
Who are the key members and board of directors at Shivashakti Sugars?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sadashiv Nippane | CFO | 08-Apr-2017 | Current |
Asha Kore  | Managing Director | 28-Feb-2012 | Current |
| Sneha Patil | Company Secretary | 01-May-2020 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Govindasamy Krishnan | Director | 08-Aug-2022 | Current |
| Anil Bagi | Director | 26-Sep-2018 | Current |
| Deepti Aradhya | Director | 05-Apr-2024 | Current |
| Prabhakar Kore | Director | 16-Dec-1998 | Current |
| Amit Kore | Whole-Time Director | 01-Oct-2021 | Current |
| Rajkumar Kothavale | Director | 12-Jun-2010 | Current |
Financial Performance of Shivashakti Sugars.
Shivashakti Sugars Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.02% increase. The company also saw a substantial improvement in profitability, with a 429% increase in profit. The company's net worth Soared by an impressive increase of 57.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Shivashakti Sugars?
In 2023, Shivashakti Sugars had a promoter holding of 63.85% and a public holding of 36.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Healthminds Consulting Private LimitedDeepti Aradhya is a mutual person
Hermes Distillery Private LimitedAmit Kore is a mutual person
- Hermes Bottling Private Limited
Amit Kore is a mutual person
- Hermes Spirits Private Limited
Amit Kore is a mutual person
Inamdar Sugars LimitedAnil Bagi, Deepti Aradhya and 3 more are mutual person
- Pragyaat Trading Private Limited
Deepti Aradhya and Asha Kore are mutual person
Charges (Loans)
₹1,060.03 Cr
₹532.83 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 588.71 Cr
- Others : 175.00 Cr
- State Bank Of India : 150.00 Cr
- Karnataka Bank Ltd. : 140.00 Cr
- Ifci Limited : 6.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2024 | Canara Bank | ₹31.71 Cr | Open |
| 30 Mar 2024 | Karnataka Bank Ltd. | ₹40.00 Cr | Open |
| 29 Sep 2023 | Karnataka Bank Ltd. | ₹100.00 Cr | Open |
| 01 Jun 2023 | Canara Bank | ₹225.00 Cr | Open |
| 12 Dec 2022 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Shivashakti Sugars?
Shivashakti Sugars has a workforce of 573 employees as of Apr 10, 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 Shivashakti Sugars, 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 Shivashakti Sugars'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.
