Shree Basaveshwar Sugars Limited

Manufactures sugar, molasses/spirit, and has a captive power plant.

2001 | Bijapur, Karnataka (India) | Active
Last Updated: January 02, 2025

Shree Basaveshwar Sugars Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 60.00 Cr
  • Company Age 24 Year, 22 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 846.16 Cr
  • Revenue Growth 95.86%
  • Profit Growth -24.56%
  • Ebitda 37.24%
  • Net Worth -93.49%
  • Total Assets -6.13%

About Shree Basaveshwar Sugars

Shree Basaveshwar Sugars Limited (SBSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 2001 and has a history of 24 years. Its registered office is in Bijapur, 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 60.00 Cr and a paid-up capital of Rs 60.00 Cr.

The company currently has active open charges totaling ₹846.16 Cr.

The Key Managerial Personnel (KMP) at Shree Basaveshwar Sugars Limited India is Dhayalan as CFO. Hosakote Halappa, Arunachalam Srinivasan, Kathiravan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bijapur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15421KA2001PLC028434

  • Company No.

    028434

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture
Food and Beverages

Who are the key members and board of directors at Shree Basaveshwar Sugars?

Executive Team (2)

Name Designation Appointment Date Status
Subburaj Manojkumar Country flag representing In Managing Director 11-Oct-2023 Current
Dhayalan Country flag representing In CFO 01-Apr-2021 Current

Board Members (4)

Name Designation Appointment Date Status
Hosakote Halappa Country flag representing In Director 30-Sep-2013 Current
Arunachalam Srinivasan Country flag representing In Director 14-Sep-2010 Current
Kathiravan Country flag representing In Director 04-Sep-2015 Current
Dhayalan Country flag representing In Director and Cfo 07-Jun-2021 Current

Financial Performance of Shree Basaveshwar Sugars.

Shree Basaveshwar Sugars Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 95.86% increase. The company also saw a substantial fall in profitability, with a 24.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 93.49%.

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
95.86%
Revenue from Operations
96.98%
Total Assets
-6.13%
Profit or Loss
-24.56%
Net Worth
-93.49%
EBITDA
37.24%

What is the Ownership and Shareholding Structure of Shree Basaveshwar Sugars?

In 2023, Shree Basaveshwar Sugars 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

₹846.16 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 571.00 Cr
  • Indian Renewable Energy Development Agency Limited : 179.90 Cr
  • Bank Of India : 67.50 Cr
  • Ifci Limited : 27.75 Cr

Latest Charge Details

Date Lender Amount Status
29 Oct 2024 Bank Of India ₹20.00 Cr Open
21 Oct 2024 Others ₹22.00 Cr Open
14 Oct 2023 Bank Of India ₹22.50 Cr Open
30 Jul 2022 Bank Of India ₹25.00 Cr Open
26 Sep 2015 Ifci Limited ₹13.88 Cr Open

How Many Employees Work at Shree Basaveshwar Sugars?

Shree Basaveshwar Sugars has a workforce of 268 employees as of Mar 27, 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 Shree Basaveshwar 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 Shree Basaveshwar Sugars'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 Shree Basaveshwar Sugars

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 20.00 Cr with Charge ID 101011921 was registered on 29 Oct 2024.

    29 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 22.00 Cr with Charge ID 100991965 was registered on 21 Oct 2024.

    21 Oct 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 22.50 Cr with Charge ID 100820130 was registered on 14 Oct 2023.

    14 Oct 2023

  • Director Appointment

    Subburaj Manojkumar was appointed as a Managing Director was appointed as a Managing Director on 11 Oct 2023 & has been associated with this company since 1 year 3 months .

    11 Oct 2023

  • Annual General Meeting

    Shree Basaveshwar Sugars Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shree Basaveshwar Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Shree Basaveshwar Sugars Limited was incorporated on 10 Jan 2001.

  • The authorized share capital of Shree Basaveshwar Sugars Limited is ₹ 60.00 Cr and paid-up capital is ₹ 60.00 Cr.

  • Currently 6 directors are associated with Shree Basaveshwar Sugars Limited.

    • Hosakote Channabasappa Gowda Halappa
    • Arunachalam Srinivasan
    • Kathiravan
    • Subburaj Manojkumar
    • Dhayalan
    • Dhayalan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Basaveshwar Sugars Limited is No. 6 Mallikarjun Badavane Managuli Road, Ganesh Nagar India, Bijapur, Karnataka, 586109.

  • The corporate identification number (CIN) of Shree Basaveshwar Sugars Limited is U15421KA2001PLC028434 and the company number is 028434 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Shree Basaveshwar Sugars Limited has risen by 95.86%.

  • As Per 2018 financial reports, 268 employees are currently employed by Shree Basaveshwar Sugars Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Shree Basaveshwar Sugars Limited has experienced an downturn of -93.49%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Shree Basaveshwar Sugars Limited amount to ₹ 846.16 Cr.

  • The most recent Balance Sheet for Shree Basaveshwar Sugars Limited was filed with the ROC on 31 Mar 2023.

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