Signode India Limited

Manufacturer of industrial packaging straps, tools, and machinery sold under the brand 'Signode'.

2003 | Hyderabad, Telangana (India) | Active
Last Updated: August 22, 2024

Signode India Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 74.15 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 77.00 Cr
  • Satisfied Charges ₹ 95.00 Cr
  • Revenue Growth -2.54%
  • Profit Growth 3.35%
  • Ebitda 5.77%
  • Net Worth -27.81%
  • Total Assets -18.17%

About Signode India

Signode India Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 August 2003 and has a history of 21 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Strapex Packaging India Limited. The Company is engaged in the Packaging 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 150.00 Cr and a paid-up capital of Rs 74.15 Cr.

The company currently has active open charges totaling ₹77.00 Cr. The company has closed loans amounting to ₹95.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Signode India Limited India are Deep Chowdhury as CFO and Ankur Singhal as Company Secretary. Gaurav Maheshwari, Lakshmi Raju, Richard Morgan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74950TG2003PLC091521

  • Company No.

    091521

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2003

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Packaging

What products or services does Signode India Limited offer?

Signode India Limited offers a wide range of products and services, including Manufacturing & Assembling Services, Machining Job Work, Protective Packing Materials, Protective Packaging, Packing Straps, Clips & Supplies, Box Straps, Chisels & Professional Hand Tools, Manual Cutter, Strapping & Sealing Machines, Strapping Machines.

Who are the key members and board of directors at Signode India?

Executive Team (3)

Name Designation Appointment Date Status
Gaurav Maheshwari Country flag representing In Managing Director 25-Jan-2012 Current
Deep Chowdhury Country flag representing In CFO 01-Oct-2019 Current
Ankur Singhal Country flag representing In Company Secretary 01-Dec-2020 Current

Board Members (5)

Name Designation Appointment Date Status
Santosh Tandon Country flag representing In Whole-Time Director 27-Jun-2023 Current
Lakshmi Raju Country flag representing In Whole-Time Director 27-Aug-2014 Current
Richard Morgan Country flag representing Us Director 30-Jul-2014 Current
Krishna Kumar Country flag representing In Whole-Time Director 03-Mar-2020 Current
Natalia Toronyi Country flag representing Us Director Current

Financial Performance of Signode India.

Signode India Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.54% decrease. The company also saw a slight improvement in profitability, with a 3.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 27.81%.

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
-2.54%
Revenue from Operations
-3.17%
Total Assets
-18.17%
Profit or Loss
3.35%
Net Worth
-27.81%
EBITDA
5.77%

What is the Ownership and Shareholding Structure of Signode India?

In 2023, Signode India 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

₹77.00 Cr

Satisfied Charges

₹95.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 75.00 Cr
  • State Bank Of India : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Dec 2016 Hdfc Bank Limited ₹75.00 Cr Open
09 Jul 2014 State Bank Of India ₹2.00 Cr Open
12 Jun 2014 Citi Bank N.A. ₹95.00 Cr Satisfied

How Many Employees Work at Signode India?

Signode India has a workforce of 1166 employees as of Aug 22, 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 Signode India, 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 Signode India'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 Signode India

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 2.00 Cr registered on 09 Jul 2014 with Charge ID 10512086 was modified on 25 Jun 2024.

    25 Jun 2024

  • Annual General Meeting

    Signode India Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Santosh Chandra Tandon was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Jun 2023 & has been associated with this company since 1 year 7 months .

    27 Jun 2023

  • Balance Sheet

    Signode India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Krishna Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Mar 2020 & has been associated with this company since 4 years 11 months .

    03 Mar 2020

  • Charges

    A charge registered on 12 Jun 2014 via Charge ID 10506802 with Citi Bank N.A. was fully satisfied on 01 Jul 2019.

    01 Jul 2019

Frequently asked questions

  • Signode India Limited was incorporated on 13 Aug 2003.

  • The authorized share capital of Signode India Limited is ₹ 150.00 Cr and paid-up capital is ₹ 74.15 Cr.

  • Currently 8 directors are associated with Signode India Limited.

    • Gaurav Maheshwari
    • Lakshmi Namburi Narayana Raju
    • Richard Eben Morgan
    • Santosh Chandra Tandon
    • Krishna Kumar
    • Natalia Toronyi
    • Deep Kumar Chowdhury
    • Ankur Singhal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Signode India Limited is 3Rd Floor Jyothi Majestic H. No. 8-2-120/84, Road No. 2 Banjara Hills, Hyderabad, Telangana, India, 500034.

  • The corporate identification number (CIN) of Signode India Limited is U74950TG2003PLC091521 and the company number is 091521 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Signode India Limited is https://www.signodeindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Signode India Limited has fallen by -2.54%.

  • As Per 2023 financial reports, 1166 employees are currently employed by Signode India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Signode India Limited has experienced an downturn of -27.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Signode India Limited amount to ₹ 77.00 Cr.

  • The most recent Balance Sheet for Signode India Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Industrial Packaging Solutions