Siddhivinayaka Stainless Steel Works Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.93 M
- Company Age 42 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.79 Cr
- Satisfied Charges ₹ 7.26 Cr
- Revenue Growth -18.33%
- Profit Growth 173.05%
- Ebitda -5.41%
- Net Worth 2.16%
- Total Assets 10.14%
About Siddhivinayaka Stainless Steel Works
Siddhivinayaka Stainless Steel Works Private Limited (SSSWPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 1982 and has a history of 42 years and eight months. Its registered office is in Dharwad, Karnataka, India.
The Company is engaged in the Home & Lifestyle 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 1.00 M and a paid-up capital of Rs 0.93 M.
The company currently has active open charges totaling ₹1.79 Cr. The company has closed loans amounting to ₹7.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raghunath Madhurkar, Rohit Madhurkar, Jyoti Madhurkar, and One other member serve as directors at the Company.
Company Details
-
Location
Dharwad, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U27104KA1982PTC004800
-
Company No.
004800
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
14 Jun 1982
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
What products or services does Siddhivinayaka Stainless Steel Works Private Limited offer?
Siddhivinayaka Stainless Steel Works Private Limited offers a wide range of products and services, including Spoons, Table Knife and Cutlery, Kitchen Tools, Door Handles, Aluminum Handles, Cookware and Cooking Utensils, Kitchenware, Dinnerware and Serving Utensils, Aluminum Utensils, Aluminium Utensils, Aluminium Tope.
Who are the key members and board of directors at Siddhivinayaka Stainless Steel Works?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghunath Madhurkar
|
Managing Director | 05-May-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rohit Madhurkar
|
Whole-Time Director | 05-May-2018 | Current |
|
Jyoti Madhurkar
|
Whole-Time Director | 05-May-2018 | Current |
|
Jayashree Madhurkar
|
Whole-Time Director | 05-May-2018 | Current |
Financial Performance of Siddhivinayaka Stainless Steel Works.
Siddhivinayaka Stainless Steel Works Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.33% decrease. The company also saw a substantial improvement in profitability, with a 173.05% increase in profit. The company's net worth moved up by a moderate rise of 2.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Siddhivinayaka Stainless Steel Works?
In 2023, Siddhivinayaka Stainless Steel Works 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)
-
Lambodhara Granites Private LimitedRaghunath Madhurkar is a mutual person
Charges (Loans)
₹17.90 M
₹72.61 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 2006 | Axis Bank Limited | ₹1.79 Cr | Open |
| 10 Mar 2011 | Axis Bank Limited | ₹3.80 Cr | Satisfied |
| 04 Apr 2009 | Axis Bank | ₹0.50 M | Satisfied |
| 21 Feb 2003 | State Bank Of India | ₹1.70 M | Satisfied |
| 02 May 1997 | State Bank Of India | ₹0.27 M | Satisfied |
How Many Employees Work at Siddhivinayaka Stainless Steel Works?
Unlock and access historical data on people associated with Siddhivinayaka Stainless Steel Works, 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 Siddhivinayaka Stainless Steel Works, 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 Siddhivinayaka Stainless Steel Works'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.
