Siddharth Heavy Industries Private Limited

Manufactures and sells hydraulic presses for various industrial applications.

2011 | Belgaum, Karnataka (India) | Active
Last Updated: December 28, 2024

Siddharth Heavy Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.98 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.96 Cr
  • Revenue Growth 17.26%
  • Profit Growth -8543.72%
  • Ebitda -4091.11%
  • Net Worth -18.22%
  • Total Assets 23.44%

About Siddharth Heavy Industries

Siddharth Heavy Industries Private Limited (SHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 May 2011 and has a history of 13 years and eight months. Its registered office is in Belgaum, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 8.98 M.

The company currently has active open charges totaling ₹2.96 Cr.

Rahul Bagal, Swati Chandgadkar, Apurva Chandgadkar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29253KA2011PTC058713

  • Company No.

    058713

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 May 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Siddharth Heavy Industries Private Limited offer?

Siddharth Heavy Industries Private Limited offers a wide range of products and services, including Extraction Plants and Extruders, Extraction Machinery, Rubber Moulding Machine, Shearing Machines, Power Shearing Machine, Hydraulic & Pneumatic Machines, Hydraulic Deep Drawing Press, Hydraulic Press, Track Pin Press, Extrusion Press.

Who are the key members and board of directors at Siddharth Heavy Industries?

Executive Team (1)

Name Designation Appointment Date Status
Siddharth Chandgadkar Country flag representing In Managing Director 23-Mar-2012 Current

Board Members (4)

Name Designation Appointment Date Status
Rahul Bagal Country flag representing In Whole-Time Director 23-Mar-2012 Current
Swati Chandgadkar Country flag representing In Director 29-May-2015 Current
Apurva Chandgadkar Country flag representing In Director 29-May-2015 Current
Prashant Jadhav Country flag representing In Whole-Time Director 23-Mar-2012 Current

Financial Performance of Siddharth Heavy Industries.

Siddharth Heavy Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.26% increase. The company also saw a substantial fall in profitability, with a 8543.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.22%.

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
17.26%
Revenue from Operations
19.66%
Total Assets
23.44%
Profit or Loss
-8543.72%
Net Worth
-18.22%
EBITDA
-4091.11%

What is the Ownership and Shareholding Structure of Siddharth Heavy Industries?

In 2021, Siddharth Heavy Industries 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

₹2.96 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.01 Cr
  • Syndicate Bank : 0.95 Cr

Latest Charge Details

Date Lender Amount Status
08 Mar 2023 Canara Bank ₹2.01 Cr Open
16 Apr 2012 Syndicate Bank ₹9.50 M Open

How Many Employees Work at Siddharth Heavy Industries?

Siddharth Heavy Industries has a workforce of 57 employees as of Apr 04, 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 Siddharth Heavy Industries, 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 Siddharth Heavy Industries'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 Siddharth Heavy Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Siddharth Heavy Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 2.01 Cr with Charge ID 100706960 was registered on 08 Mar 2023.

    08 Mar 2023

  • Director Appointment

    Swati Suhaschandra Chandgadkar was appointed as a Director was appointed as a Director on 29 May 2015 & has been associated with this company since 9 years 8 months .

    29 May 2015

  • Director Appointment

    Apurva Siddharth Chandgadkar was appointed as a Director was appointed as a Director on 29 May 2015 & has been associated with this company since 9 years 8 months .

    29 May 2015

  • Charges

    A charge with Syndicate Bank amounted to Rs. 0.95 Cr with Charge ID 10354399 was registered on 16 Apr 2012.

    16 Apr 2012

Frequently asked questions

  • Siddharth Heavy Industries Private Limited was incorporated on 19 May 2011.

  • The authorized share capital of Siddharth Heavy Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.98 M.

  • Currently 5 directors are associated with Siddharth Heavy Industries Private Limited.

    • Rahul Rajaram Bagal
    • Swati Suhaschandra Chandgadkar
    • Apurva Siddharth Chandgadkar
    • Siddharth Suhaschandra Chandgadkar
    • Prashant Chandrakant Jadhav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siddharth Heavy Industries Private Limited is 492/A, Waghawade Road Machhe India, Belgaum, Karnataka, 590014.

  • The corporate identification number (CIN) of Siddharth Heavy Industries Private Limited is U29253KA2011PTC058713 and the company number is 058713 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Siddharth Heavy Industries Private Limited is https://www.siddharthindustries.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Siddharth Heavy Industries Private Limited has risen by 17.26%.

  • As Per 2022 financial reports, 57 employees are currently employed by Siddharth Heavy Industries Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Siddharth Heavy Industries Private Limited has experienced an downturn of -18.22%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Siddharth Heavy Industries Private Limited amount to ₹ 2.96 Cr.

  • The most recent Balance Sheet for Siddharth Heavy Industries Private Limited was filed with the ROC on 31 Mar 2023.

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