Siddhartha Heavy Equipment Private Limited

Manufactures equipment and components for various industries including oil exploration, power, and defence.

1983 | Hyderabad, Telangana (India) | Active
Last Updated: December 16, 2024

Siddhartha Heavy Equipment Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.21 M
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.25 Cr
  • Satisfied Charges ₹ 6.93 Cr
  • Revenue Growth -41.78%
  • Profit Growth -1064.67%
  • Ebitda -109.18%
  • Net Worth -37.02%
  • Total Assets -16.37%

About Siddhartha Heavy Equipment

Siddhartha Heavy Equipment Private Limited (SHEPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 August 1983 and has a history of 41 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Siddhartha Heavy Equipment Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 4.21 M.

The company currently has active open charges totaling ₹5.25 Cr. The company has closed loans amounting to ₹6.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Surendra Tipirneni, Mahesh Tipirneni, Kommineni Naidu, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28112TG1983PTC004090

  • Company No.

    004090

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

What products or services does Siddhartha Heavy Equipment Private Limited offer?

Siddhartha Heavy Equipment Private Limited offers a wide range of products and services, including Diagnostic Medical Imaging Equipment, X Ray Machine, Manufacturing & Assembling Services, Heat Treating Services, Drilling & Boring Equipment, Boring Machine.

Who are the key members and board of directors at Siddhartha Heavy Equipment?

Executive Team (1)

NameDesignationAppointment DateStatus
Mahesh Tipirneni Country flag representing In Managing Director01-Oct-2007Current

Board Members (3)

NameDesignationAppointment DateStatus
Surendra Tipirneni Country flag representing In Director 25-Aug-1983Current
Kommineni Naidu Country flag representing In Director 31-Dec-1991Current
Sita Tipirneni Country flag representing In Director 25-Mar-2017Current

Financial Performance of Siddhartha Heavy Equipment.

Siddhartha Heavy Equipment Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.78% decrease. The company also saw a substantial fall in profitability, with a 1064.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.02%.

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
-41.78%
Revenue from Operations
-41.95%
Total Assets
-16.37%
Profit or Loss
-1064.67%
Net Worth
-37.02%
EBITDA
-109.18%

What is the Ownership and Shareholding Structure of Siddhartha Heavy Equipment?

In 2021, Siddhartha Heavy Equipment 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

₹52.51 M

Satisfied Charges

₹69.31 M

Charges Breakdown by Lending Institutions

  • Others : 5.24 Cr
  • State Bank Of Hyderabad : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jul 2020Others₹5.24 CrOpen
20 Jan 1990State Bank Of Hyderabad₹0.07 MOpen
21 Aug 1989Andhra Pradesh State Financial Corp.₹2.14 MSatisfied
16 Mar 1988Andhra Pradesh State Financial Corp.₹0.28 MSatisfied
26 Jun 1987State Bank Of Hyderabad₹0.24 MSatisfied

How Many Employees Work at Siddhartha Heavy Equipment?

Unlock and access historical data on people associated with Siddhartha Heavy Equipment, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Siddhartha Heavy Equipment, 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 Siddhartha Heavy Equipment'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 Siddhartha Heavy Equipment

Recent activity within the organization

  • Annual General Meeting

    Siddhartha Heavy Equipment Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Siddhartha Heavy Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge registered on 26 Jun 1987 via Charge ID 90123470 with State Bank Of Hyderabad was fully satisfied on 18 May 2022.

    18 May 2022

  • Charges

    A charge registered on 12 May 1986 via Charge ID 90123442 with Others was fully satisfied on 18 May 2022.

    18 May 2022

  • Charges

    A charge with Others amounted to Rs. 52.44 M with Charge ID 100396926 was registered on 03 Jul 2020.

    03 Jul 2020

  • Charges

    A charge registered on 21 Aug 1989 via Charge ID 90119714 with Andhra Pradesh State Financial Corp. was fully satisfied on 09 Dec 2019.

    09 Dec 2019

Frequently asked questions

  • Siddhartha Heavy Equipment Private Limited was incorporated on 25 Aug 1983.

  • The authorized share capital of Siddhartha Heavy Equipment Private Limited is ₹ 6.00 M and paid-up capital is ₹ 4.21 M.

  • Currently 4 directors are associated with Siddhartha Heavy Equipment Private Limited.

    • Surendra Babu Tipirneni
    • Mahesh Tipirneni
    • Kommineni Lakshmaiah Naidu
    • Sita Tipirneni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siddhartha Heavy Equipment Private Limited is H.No 8-3-318/11/12 Jaya Prakash Nagar Yellareddyguda, India, Hyderabad, Telangana, 500073.

  • The corporate identification number (CIN) of Siddhartha Heavy Equipment Private Limited is U28112TG1983PTC004090 and the company number is 004090 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Siddhartha Heavy Equipment Private Limited is https://www.shel.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Siddhartha Heavy Equipment Private Limited has fallen by -41.78%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Siddhartha Heavy Equipment Private Limited has experienced an downturn of -37.02%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Siddhartha Heavy Equipment Private Limited amount to ₹ 5.25 Cr.

  • The most recent Balance Sheet for Siddhartha Heavy Equipment Private Limited was filed with the ROC on 31 Mar 2024.

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