Sical Connect Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 15 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 180.00 Cr
- Satisfied Charges ₹ 355.00 Cr
- Revenue Growth 63.77%
- Profit Growth 76.94%
- Ebitda 111.36%
- Net Worth -11.62%
- Total Assets 356.17%
About Sical Connect
Sical Connect Limited (SCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 May 2009 and has a history of 15 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Sical Transport Solutions Limited. The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹180.00 Cr. The company has closed loans amounting to ₹355.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Seshadri Rajappan, Swaminathan, and Neelaveni serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900TN2009PLC071762
- Company No.
071762
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 May 2009
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Transport and Logistics
Who are the key members and board of directors at Sical Connect?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Seshadri Rajappan  | Director | 14-Feb-2011 | Current |
| Swaminathan | Additional Director | 12-Feb-2021 | Current |
| Neelaveni | Director | 12-Feb-2021 | Current |
Financial Performance of Sical Connect.
Sical Connect Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 63.77% increase. The company also saw a substantial improvement in profitability, with a 76.94% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sical Connect?
In 2019, Sical Connect had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hslprime Properties Private LimitedSwaminathan is a mutual person
Pristine Value Logistics Private LimitedSeshadri Rajappan is a mutual person
Ajaba Aerobotics Private LimitedSwaminathan is a mutual person
Indrayani Biotech LimitedSwaminathan is a mutual person
- Sical Mining Limited
Seshadri Rajappan is a mutual person
- Sical Bangalore Logistics Park Limited
Seshadri Rajappan is a mutual person
Charges (Loans)
Open Charges
₹1,800.00 M
Satisfied Charges
₹3,550.00 M
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 100.00 Cr
- Yes Bank Limited : 80.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2016 | Idbi Trusteeship Services Limited | ₹100.00 Cr | Open |
| 23 Jul 2012 | Yes Bank Limited | ₹80.00 Cr | Open |
| 10 Jul 2017 | Standard Chartered Bank | ₹150.00 Cr | Satisfied |
| 02 Mar 2016 | Idbi Trusteeship Services Limited | ₹100.00 Cr | Satisfied |
| 30 Aug 2013 | Ing Vysya Bank Limited | ₹30.00 Cr | Satisfied |
How Many Employees Work at Sical Connect?
Unlock and access historical data on people associated with Sical Connect, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sical Connect, 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 Sical Connect'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 Sical Connect
Recent activity within the organization
- Annual General Meeting
Sical Connect Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Sical Connect Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
- Director Appointment
Swaminathan was appointed as a Additional Director was appointed as a Additional Director on 12 Feb 2021 & has been associated with this company since 4 years 1 month .
- Director Appointment
Neelaveni was appointed as a Director was appointed as a Director on 12 Feb 2021 & has been associated with this company since 4 years 1 month .
- Charges
A charge registered on 10 Jul 2017 via Charge ID 100135747 with Standard Chartered Bank was fully satisfied on 30 Sep 2020.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 1,500.00 M with Charge ID 100135747 was registered on 10 Jul 2017.
Recent News, Updates & Announcement
- Allcargo, TVS Supply Chain Solutions in race for Sical Logistics' assets.
Sical Logistics is the offshore and multimodal logistics services firm owned by the Coffee Day Group..
- Coffee Day Enterprises Ltd Sells Assets to Pay Off Debt After Founder's Tragic Death.
When you're in debt and need cash, just sell your company. Coffee Day Enterprises Ltd, founded by V.G. Siddhartha, is selling its Sical Logistics unit to pay off debt. They hired ICICI Securities to find a buyer and plan to raise ₹1,000-1,500 crore. They're also selling their stake in Coffee Day Global Ltd and refinancing debt. The founder's suicide has caused a drop in the company's shares..
- Sical Logistics, owned by Coffee Day Group, in talks to sell assets and reduce debt after VG Siddhartha's passing.
When VG Siddhartha died, his company Sical Logistics, owned by Coffee Day Group, started talking to Dubai Port World and other investors to sell assets, including Sical Iron Ore Terminals Ltd. They want to reduce their debt of ?1,500 crore by half. Adani Group is also interested. DP World and Sical didn't comment. The company is struggling after Siddhartha's death and is looking to sell assets to pay off debt..
Frequently asked questions
What is the Incorporation or founding date of Sical Connect Limited?
Sical Connect Limited was incorporated on 28 May 2009.
What is authorized share capital and paid-up capital of Sical Connect Limited?
The authorized share capital of Sical Connect Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Sical Connect Limited?
Currently 3 directors are associated with Sical Connect Limited.
- Seshadri Rajappan
- Swaminathan
- Neelaveni
What is the registered address of Sical Connect Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sical Connect Limited is Southindiahouse73, Armenianstreet India, Chennai, Tamil Nadu, 600001.
What is the corporate identification number (CIN) and company number of Sical Connect Limited?
The corporate identification number (CIN) of Sical Connect Limited is U74900TN2009PLC071762 and the company number is 071762 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sical Connect Limited?
The Official website of Sical Connect Limited is https://www.sical.com
What has been the recent revenue trend for Sical Connect Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Sical Connect Limited has risen by 63.77%.
What change has been observed in the net worth of Sical Connect Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Sical Connect Limited has experienced an downturn of -11.62%.
What are the total open charges for Sical Connect Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Sical Connect Limited amount to ₹ 180.00 Cr.
When was the last Balance Sheet of Sical Connect Limited filed with the ROC?
The most recent Balance Sheet for Sical Connect Limited was filed with the ROC on 31 Mar 2022.
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