Si Air Springs Private Limited

Manufactures air springs for heavy commercial vehicles.

2008 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Si Air Springs Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.85 Cr
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 132.50 Cr
  • Revenue Growth 83.45%
  • Profit Growth 277.86%
  • Ebitda 163.78%
  • Net Worth 20.11%
  • Total Assets 20.01%

About Si Air Springs

Si Air Springs Private Limited (SASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 January 2008 and has a history of 17 years and four months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Firestone Tvs Automotive Private Limited. The Company is engaged in the Automotive 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 10.00 Cr and a paid-up capital of Rs 3.85 Cr.

The company currently has active open charges totaling ₹132.50 Cr.

Shobhana Ramachandhran, Ramachandhran Naresh, and Padmanabhan Srinivasavaradhan serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299TN2008PTC065920

  • Company No.

    065920

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jan 2008

  • Date of AGM

    12 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive
Company report

Si Air Springs Private Limited

Explore comprehensive data for Si Air Springs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Si Air Springs?

Board Members (3)

NameDesignationAppointment DateStatus
Shobhana Ramachandhran Country flag representing In Director 02-Jan-2008Current
Ramachandhran Naresh Country flag representing In Director 02-Jan-2008Current
Padmanabhan Srinivasavaradhan Country flag representing In Director 20-Feb-2020Current

Financial Performance of Si Air Springs.

Si Air Springs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 83.45% increase. The company also saw a substantial improvement in profitability, with a 277.86% increase in profit. The company's net worth Soared by an impressive increase of 20.11%.

Si Air Springs revenue growth over time
Si Air Springs 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
83.45%
Revenue from Operations
83.76%
Total Assets
20.01%
Profit or Loss
277.86%
Net Worth
20.11%
EBITDA
163.78%

What is the Ownership and Shareholding Structure of Si Air Springs?

In 2023, Si Air Springs 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

₹132.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 108.00 Cr
  • State Bank Of India : 24.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Nov 2024Others₹108.00 CrOpen
24 Oct 2008State Bank Of India₹24.50 CrOpen

How Many Employees Work at Si Air Springs?

Si Air Springs has a workforce of 96 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.

Employee growth trends for Si Air Springs Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Si Air Springs, 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 Si Air Springs'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 Si Air Springs

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 108.00 Cr with Charge ID 101004360 was registered on 18 Nov 2024.

  • Annual General Meeting

    Si Air Springs Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 24.50 Cr registered on 24 Oct 2008 with Charge ID 10129980 was modified on 04 May 2024.

  • Balance Sheet

    Si Air Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Padmanabhan Srinivasavaradhan was appointed as a Director was appointed as a Director on 20 Feb 2020 & has been associated with this company since 5 years 3 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 24.50 Cr with Charge ID 10129980 was registered on 24 Oct 2008.

Frequently asked questions

  • What is the Incorporation or founding date of Si Air Springs Private Limited?

    Si Air Springs Private Limited was incorporated on 02 Jan 2008.

  • What is authorized share capital and paid-up capital of Si Air Springs Private Limited?

    The authorized share capital of Si Air Springs Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.85 Cr.

  • Who are the current board members & directors of Si Air Springs Private Limited?

    Currently 3 directors are associated with Si Air Springs Private Limited.

    • Shobhana Ramachandhran
    • Ramachandhran Naresh
    • Padmanabhan Srinivasavaradhan

  • What is the registered address of Si Air Springs Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Si Air Springs Private Limited is Tvs Building 7-B West Veli Street India, Madurai, Tamil Nadu, 625001.

  • What is the corporate identification number (CIN) and company number of Si Air Springs Private Limited?

    The corporate identification number (CIN) of Si Air Springs Private Limited is U29299TN2008PTC065920 and the company number is 065920 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Si Air Springs Private Limited?

    The Official website of Si Air Springs Private Limited is https://www.firestonetvs.com

  • What has been the recent revenue trend for Si Air Springs Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Si Air Springs Private Limited has risen by 83.45%.

  • How many employees does Si Air Springs Private Limited currently have?

    As Per 2023 financial reports, 96 employees are currently employed by Si Air Springs Private Limited.

  • What change has been observed in the net worth of Si Air Springs Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Si Air Springs Private Limited has experienced an upsurge of 20.11%.

  • What are the total open charges for Si Air Springs Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Si Air Springs Private Limited amount to ₹ 132.50 Cr.

  • When was the last Balance Sheet of Si Air Springs Private Limited filed with the ROC?

    The most recent Balance Sheet for Si Air Springs Private Limited was filed with the ROC on 31 Mar 2024.

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