Sid Electric Private Limited

Manufactures and trades electrical equipment, including control panels, motors, and automation brands.

2008 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Sid Electric Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.92 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.84 Cr
  • Satisfied Charges ₹ 6.39 Cr
  • Revenue Growth 26.02%
  • Profit Growth 56.13%
  • Ebitda 32.66%
  • Net Worth 42.88%
  • Total Assets 30.14%

About Sid Electric

Sid Electric Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 2008 and has a history of 16 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 4.92 M.

The company currently has active open charges totaling ₹3.84 Cr. The company has closed loans amounting to ₹6.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ranjana Toradmal, Swapnil Naik, Rahul Chavan, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31506PN2008PTC132025

  • Company No.

    132025

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

What products or services does Sid Electric Private Limited offer?

Sid Electric Private Limited offers a wide range of products and services, including Electric Motors and Components, Servo Motor, Motor Drives, VFD, DCS Panel, PLC Control Panel, AC Motor, Bharat Bijlee AC Motor, Servo Drives, Yaskawa Servo Drives.

Who are the key members and board of directors at Sid Electric?

Executive Team (1)

Name Designation Appointment Date Status
Swapnil Naik Country flag representing In Managing Director 16-May-2008 Current

Board Members (3)

Name Designation Appointment Date Status
Rahul Chavan Country flag representing In Director 25-Feb-2022 Current
Ranjana Toradmal Country flag representing In Director 19-Mar-2016 Current
Kanchan Naik Country flag representing In Director 16-May-2008 Current

Financial Performance of Sid Electric.

Sid Electric Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.02% increase. The company also saw a substantial improvement in profitability, with a 56.13% increase in profit. The company's net worth Soared by an impressive increase of 42.88%.

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
26.02%
Revenue from Operations
25.77%
Total Assets
30.14%
Profit or Loss
56.13%
Net Worth
42.88%
EBITDA
32.66%

What is the Ownership and Shareholding Structure of Sid Electric?

In 2023, Sid Electric 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

₹38.40 M

Satisfied Charges

₹63.89 M

Charges Breakdown by Lending Institutions

  • Others : 3.84 Cr

Latest Charge Details

Date Lender Amount Status
03 Jan 2023 Others ₹1.40 M Open
25 Nov 2021 Others ₹3.70 Cr Open
04 May 2022 Others ₹2.48 M Satisfied
29 Mar 2019 Others ₹4.00 M Satisfied
17 Nov 2018 Others ₹8.00 M Satisfied

How Many Employees Work at Sid Electric?

Sid Electric has a workforce of 32 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sid Electric, 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 Sid Electric'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 Sid Electric

Recent activity within the organization

  • Annual General Meeting

    Sid Electric Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 04 May 2022 via Charge ID 100575900 with Others was fully satisfied on 12 Apr 2023.

    12 Apr 2023

  • Balance Sheet

    Sid Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.40 M with Charge ID 100688479 was registered on 03 Jan 2023.

    03 Jan 2023

  • Charges

    A charge with Others of Rs. 37.00 M registered on 25 Nov 2021 with Charge ID 100521004 was modified on 27 Dec 2022.

    27 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 2.48 M with Charge ID 100575900 was registered on 04 May 2022.

    04 May 2022

Frequently asked questions

  • Sid Electric Private Limited was incorporated on 16 May 2008.

  • The authorized share capital of Sid Electric Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.92 M.

  • Currently 4 directors are associated with Sid Electric Private Limited.

    • Ranjana Pandit Toradmal
    • Swapnil Chandrakant Naik
    • Rahul Annasaheb Chavan
    • Kanchan Swapnil Naik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sid Electric Private Limited is Wisteriaa Fortune Office No. C- 403 404 405 S. 95/2 Marunji Road, Wakad India, Pune, Maharashtra, 411057.

  • The corporate identification number (CIN) of Sid Electric Private Limited is U31506PN2008PTC132025 and the company number is 132025 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sid Electric Private Limited is https://www.sidelectric.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sid Electric Private Limited has risen by 26.02%.

  • As Per 2023 financial reports, 32 employees are currently employed by Sid Electric Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sid Electric Private Limited has experienced an upsurge of 42.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sid Electric Private Limited amount to ₹ 3.84 Cr.

  • The most recent Balance Sheet for Sid Electric Private Limited was filed with the ROC on 31 Mar 2023.

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