Sieco Engineers Private Limited

Manufacturer and service provider of process plant equipment, welding automation equipment, and turnkey projects.

1988 | Bangaluru, Karnataka (India) | Active
Last Updated: January 09, 2025

Sieco Engineers Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.64 Cr
  • Satisfied Charges ₹ 6.68 Cr
  • Revenue Growth 94.55%
  • Profit Growth -18453.78%
  • Ebitda -95.85%
  • Net Worth 83.24%
  • Total Assets 29.64%

About Sieco Engineers

Sieco Engineers Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 May 1988 and has a history of 36 years and nine months. Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹3.64 Cr. The company has closed loans amounting to ₹6.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Swaminathan Mohanam, Chikkalbettu Sakhubai, Mahesh Mohanam, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    siecoengineers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02812KA1988PTC009102

  • Company No.

    009102

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Business Outsourcing

What products or services does Sieco Engineers Private Limited offer?

Sieco Engineers Private Limited offers a wide range of products and services, including Lubrication Systems and Equipment, Grease Tools, Welding Equipments & Machinery, Welding Machine, Welding, Soldering & Brazing Service, Welding Services, CNC Machines & Lathe Machine, Lathe Machine, Heat Exchangers, Shell and Tube Heat Exchanger.

Who are the key members and board of directors at Sieco Engineers?

Board Members (5)

Name Designation Appointment Date Status
Swaminathan Mohanam Country flag representing In Director 17-May-1988 Current
Chikkalbettu Sakhubai Country flag representing In Director 17-May-1988 Current
Mahesh Mohanam Country flag representing In Director 01-Apr-2008 Current
Sahana Bhat Country flag representing In Director 21-Jan-2013 Current
Kavitha Mohanam Country flag representing In Director 21-Jan-2013 Current

Financial Performance of Sieco Engineers.

Sieco Engineers Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 94.55% increase. The company also saw a substantial fall in profitability, with a 18453.78% decrease in profit. The company's net worth Soared by an impressive increase of 83.24%.

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
94.55%
Revenue from Operations
97.52%
Total Assets
29.64%
Profit or Loss
-18453.78%
Net Worth
83.24%
EBITDA
-95.85%

What is the Ownership and Shareholding Structure of Sieco Engineers?

In 2021, Sieco Engineers 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

₹3.64 Cr

Satisfied Charges

₹6.68 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.90 Cr
  • Andhra Bank Ltd : 0.36 Cr
  • Karnataka State Financial Corporation : 0.20 Cr
  • Andhra Bank : 0.10 Cr
  • Canara Bank : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
18 Jan 2023 Others ₹2.90 Cr Open
24 Nov 2021 Canara Bank ₹0.80 M Open
27 Feb 2003 Andhra Bank Ltd ₹1.70 M Open
22 Oct 2000 Andhra Bank Ltd ₹0.40 M Open
13 Dec 1996 Andhra Bank ₹1.00 M Open

How Many Employees Work at Sieco Engineers?

Sieco Engineers has a workforce of 27 employees as of Mar 28, 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 Sieco Engineers, 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 Sieco Engineers'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 Sieco Engineers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Sieco Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 2.90 Cr registered on 18 Jan 2023 with Charge ID 100673656 was modified on 24 May 2023.

    24 May 2023

  • Charges

    A charge with Others amounted to Rs. 2.90 Cr with Charge ID 100673656 was registered on 18 Jan 2023.

    18 Jan 2023

  • Charges

    A charge registered on 22 Mar 2019 via Charge ID 100259232 with Canara Bank was fully satisfied on 14 Dec 2021.

    14 Dec 2021

  • Charges

    A charge registered on 08 Jan 2004 via Charge ID 90192795 with Canara Bank was fully satisfied on 14 Dec 2021.

    14 Dec 2021

Frequently asked questions

  • Sieco Engineers Private Limited was incorporated on 16 May 1988.

  • The authorized share capital of Sieco Engineers Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 5 directors are associated with Sieco Engineers Private Limited.

    • Swaminathan Mohanam
    • Chikkalbettu Sakhubai
    • Mahesh Mohanam
    • Sahana Bhat
    • Kavitha Mohanam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sieco Engineers Private Limited is 25 Bommasandra Indl. Area Hosur Road, India, Banglaore, Karnataka, 560099.

  • The corporate identification number (CIN) of Sieco Engineers Private Limited is U02812KA1988PTC009102 and the company number is 009102 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sieco Engineers Private Limited is https://www.siecoengineers.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sieco Engineers Private Limited has risen by 94.55%.

  • As Per 2021 financial reports, 27 employees are currently employed by Sieco Engineers Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sieco Engineers Private Limited has experienced an upsurge of 83.24%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sieco Engineers Private Limited amount to ₹ 3.64 Cr.

  • The most recent Balance Sheet for Sieco Engineers Private Limited was filed with the ROC on 31 Mar 2024.