Shri Sai Priya Sugars Limited

Manufacturer of sugar and ethanol, acquired defunct sugar plant and expanded production capacity.

2002 | Bagalkot, Karnataka (India) | Merged
Last Updated: January 17, 2025

Shri Sai Priya Sugars Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 166.14 Cr
  • Company Age 23 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 693.00 Cr
  • Revenue Growth 14.35%
  • Profit Growth 3.24%
  • Ebitda 21.81%
  • Net Worth 20.96%
  • Total Assets 18.23%

About Shri Sai Priya Sugars

Shri Sai Priya Sugars Limited (SSPSL) is Amalgamated company established on 17 Jan 2002 with its office registered at and has been running since 23 Year, 1 Month with a paid up capital of 166.14 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U15429KA2002PLC030008

  • Company No.

    030008

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 2002

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment
Agriculture
Food and Beverages

Who are the key members and board of directors at Shri Sai Priya Sugars?

Board Members (3)

NameDesignationAppointment DateStatus
Rachappa Karehonna Country flag representing In Director 17-Jan-2002Current
Sushmitha Nirani Country flag representing In Director 30-Jan-2019Current
Vishal Nirani Country flag representing In Director 26-Apr-2019Current

Financial Performance of Shri Sai Priya Sugars.

Shri Sai Priya Sugars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.35% increase. The company also saw a slight improvement in profitability, with a 3.24% increase in profit. The company's net worth Soared by an impressive increase of 20.96%.

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
14.35%
Revenue from Operations
14.55%
Total Assets
18.23%
Profit or Loss
3.24%
Net Worth
20.96%
EBITDA
21.81%

What is the Ownership and Shareholding Structure of Shri Sai Priya Sugars?

In 2022, Shri Sai Priya Sugars had a promoter holding of 8.08% and a public holding of 91.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹693.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 313.00 Cr
  • Bank Of India : 290.00 Cr
  • State Bank Of India : 90.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Aug 2022Bank Of India₹92.00 CrSatisfied
02 Feb 2022Bank Of India₹11.50 CrSatisfied
25 Oct 2021Others₹164.00 CrSatisfied
11 Feb 2021Bank Of India₹11.50 CrSatisfied
10 Jul 2020Others₹25.00 CrSatisfied

How Many Employees Work at Shri Sai Priya Sugars?

Shri Sai Priya Sugars has a workforce of 682 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 Shri Sai Priya 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 Shri Sai Priya 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 Shri Sai Priya Sugars

Recent activity within the organization

  • Charges

    A charge registered on 19 Aug 2022 via Charge ID 100607717 with Bank Of India was fully satisfied on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge registered on 02 Dec 2015 via Charge ID 10627089 with Bank Of India was fully satisfied on 11 Apr 2023.

    11 Apr 2023

  • Charges

    A charge registered on 25 Oct 2021 via Charge ID 100500886 with Others was fully satisfied on 05 Apr 2023.

    05 Apr 2023

  • Charges

    A charge registered on 28 May 2019 via Charge ID 100280856 with Others was fully satisfied on 05 Apr 2023.

    05 Apr 2023

  • Charges

    A charge registered on 27 Apr 2017 via Charge ID 100096299 with Bank Of India was fully satisfied on 18 Mar 2023.

    18 Mar 2023

  • Charges

    A charge registered on 02 Feb 2022 via Charge ID 100547709 with Bank Of India was fully satisfied on 13 Oct 2022.

    13 Oct 2022

Frequently asked questions

  • Shri Sai Priya Sugars Limited was incorporated on 17 Jan 2002.

  • The authorized share capital of Shri Sai Priya Sugars Limited is ₹ 200.00 Cr and paid-up capital is ₹ 166.14 Cr.

  • Currently 3 directors are associated with Shri Sai Priya Sugars Limited.

    • Rachappa Virapaxappa Karehonna
    • Sushmitha Vijaykumar Nirani
    • Vishal Murgesh Nirani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Sai Priya Sugars Limited is Gopal Chemberopp. Bus Stand Jamakandi, India, Bagalkot, Karnataka.

  • The corporate identification number (CIN) of Shri Sai Priya Sugars Limited is U15429KA2002PLC030008 and the company number is 030008 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shri Sai Priya Sugars Limited is https://www.niranigroups.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shri Sai Priya Sugars Limited has risen by 14.35%.

  • As Per 2022 financial reports, 682 employees are currently employed by Shri Sai Priya Sugars Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shri Sai Priya Sugars Limited has experienced an upsurge of 20.96%.

  • The most recent Balance Sheet for Shri Sai Priya Sugars Limited was filed with the ROC on 31 Mar 2022.

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