Signet Products Private Limited

Provides electrical products and services to utility transmission, distribution, and generation segment, including utility shifting.

1999 | Aurangabad, Maharashtra (India) | Active
Last Updated: December 27, 2024

Signet Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.89 Cr
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 91.72 Cr
  • Satisfied Charges ₹ 62.54 Cr
  • Revenue Growth 41.87%
  • Profit Growth 27.96%
  • Ebitda 52.24%
  • Net Worth 13.91%
  • Total Assets 11.12%

About Signet Products

Signet Products Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 1999 and has a history of 25 years and two months. Its registered office is in Aurangabad, Maharashtra, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.89 Cr.

The company currently has active open charges totaling ₹91.72 Cr. The company has closed loans amounting to ₹62.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narendra Korde, Vaidehi Korde, and Achyut Korde serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909MH1999PTC122876

  • Company No.

    122876

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 1999

  • Date of AGM

    29 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power
Consumer Electronics & Durables

What products or services does Signet Products Private Limited offer?

Signet Products Private Limited offers a wide range of products and services, including Relays and Contactors, Current Relay, Process Control Systems & Equipments, Limit Controller, Thermometers & Flowmeters, Flow Meter, Electrical & Signaling Contractors, Electrical Work, Transformers & Transformer Parts, Voltage Transformer.

Who are the key members and board of directors at Signet Products?

Board Members (3)

Name Designation Appointment Date Status
Narendra Korde Country flag representing In Director 02-Dec-1999 Current
Vaidehi Korde Country flag representing In Director 08-Dec-2002 Current
Achyut Korde Country flag representing In Director 08-Dec-2002 Current

Financial Performance of Signet Products.

Signet Products Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 41.87% increase. The company also saw a substantial improvement in profitability, with a 27.96% increase in profit. The company's net worth Soared by an impressive increase of 13.91%.

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
41.87%
Revenue from Operations
41.88%
Total Assets
11.12%
Profit or Loss
27.96%
Net Worth
13.91%
EBITDA
52.24%

What is the Ownership and Shareholding Structure of Signet Products?

In 2017, Signet Products had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹91.72 Cr

Satisfied Charges

₹62.54 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 90.00 Cr
  • Canara Bank : 1.72 Cr

Latest Charge Details

Date Lender Amount Status
07 Feb 2017 Indian Bank ₹90.00 Cr Open
16 Jun 2016 Canara Bank ₹1.72 Cr Open
16 Mar 2017 Indian Bank ₹2.50 Cr Satisfied
01 Aug 2015 Axis Bank Limited ₹24.30 Cr Satisfied
30 Mar 2012 Ing Vysya Bank Limited ₹2.50 Cr Satisfied

How Many Employees Work at Signet Products?

Signet Products has a workforce of 26 employees as of Mar 29, 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 Signet Products, 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 Signet Products'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 Signet Products

Recent activity within the organization

  • Charges

    A charge registered on 16 Mar 2017 via Charge ID 100086648 with Indian Bank was fully satisfied on 16 Nov 2017.

    16 Nov 2017

  • Charges

    A charge registered on 01 Aug 2015 via Charge ID 10591990 with Axis Bank Limited was fully satisfied on 16 Nov 2017.

    16 Nov 2017

  • Annual General Meeting

    Signet Products Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.

    29 Sep 2017

  • Charges

    A charge with Indian Bank of Rs. 90.00 Cr registered on 07 Feb 2017 with Charge ID 100109815 was modified on 09 Aug 2017.

    09 Aug 2017

  • Balance Sheet

    Signet Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

  • Charges

    A charge with Indian Bank amounted to Rs. 2.50 Cr with Charge ID 100086648 was registered on 16 Mar 2017.

    16 Mar 2017

Frequently asked questions

  • Signet Products Private Limited was incorporated on 02 Dec 1999.

  • The authorized share capital of Signet Products Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.89 Cr.

  • Currently 3 directors are associated with Signet Products Private Limited.

    • Narendra Achyutrao Korde
    • Vaidehi Narendra Korde
    • Achyut Nagorao Korde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Signet Products Private Limited is Plot No. 16/16A N - 5 South Sector Cidco, India, Aurangabad, Maharashtra, 431003.

  • The corporate identification number (CIN) of Signet Products Private Limited is U51909MH1999PTC122876 and the company number is 122876 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Signet Products Private Limited has risen by 41.87%.

  • As Per 2017 financial reports, 26 employees are currently employed by Signet Products Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Signet Products Private Limited has experienced an upsurge of 13.91%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Signet Products Private Limited amount to ₹ 91.72 Cr.

  • The most recent Balance Sheet for Signet Products Private Limited was filed with the ROC on 31 Mar 2017.