Simplicity Projects Pvt Ltd

Manufacturer and trader of bulk material handling equipment and systems for various industries.

1982 | Delhi, Delhi (India) | Active
Last Updated: July 16, 2024

Simplicity Projects Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.52 M
  • Company Age 42 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.18 Cr
  • Satisfied Charges ₹ 8.40 M
  • Revenue Growth -21.70%
  • Profit Growth -27.22%
  • Ebitda 20.45%
  • Net Worth 124.34%
  • Total Assets 9.97%

About Simplicity Projects

Simplicity Projects Pvt Ltd (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 1982 and has a history of 42 years and two months. Its registered office is in Delhi, Delhi, India.

The Company is engaged in the Engineering 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 1.00 Cr and a paid-up capital of Rs 2.52 M.

The company currently has active open charges totaling ₹6.18 Cr. The company has closed loans amounting to ₹8.40 M, as per Ministry of Corporate Affairs (MCA) records.

Anoop Madan and Mahipal serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74210DL1982PTC014680

  • Company No.

    014680

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering
Machinery and Equipment

What products or services does Simplicity Projects Pvt Ltd offer?

Simplicity Projects Pvt Ltd offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Girder Crane, EOT Cranes, Conveyor Systems & Components, Chain Conveyors, Material Handling Machines & Systems, Warehouse Stacker, Ingredient Feeder.

Who are the key members and board of directors at Simplicity Projects?

Board Members (2)

Name Designation Appointment Date Status
Anoop Madan Country flag representing In Director 02-Dec-2019 Current
Mahipal Country flag representing In Director 18-Feb-2022 Current

Financial Performance of Simplicity Projects.

Simplicity Projects Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.7% decrease. The company also saw a substantial fall in profitability, with a 27.22% decrease in profit. The company's net worth Soared by an impressive increase of 124.34%.

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
-21.70%
Revenue from Operations
-21.83%
Total Assets
9.97%
Profit or Loss
-27.22%
Net Worth
124.34%
EBITDA
20.45%

What is the Ownership and Shareholding Structure of Simplicity Projects?

In 2023, Simplicity Projects 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

₹6.18 Cr

Satisfied Charges

₹0.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.72 Cr
  • Hdfc Bank Limited : 1.25 Cr
  • Axis Bank Limited : 0.21 Cr

Latest Charge Details

Date Lender Amount Status
12 Oct 2023 Others ₹4.72 Cr Open
07 Mar 2022 Hdfc Bank Limited ₹1.25 Cr Open
05 Mar 2022 Axis Bank Limited ₹2.07 M Open
14 Feb 2022 Others ₹4.20 M Satisfied
08 Dec 2021 Others ₹4.20 M Satisfied

How Many Employees Work at Simplicity Projects?

Simplicity Projects has a workforce of 16 employees as of Apr 04, 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 Simplicity Projects, 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 Simplicity Projects'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 Simplicity Projects

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 4.72 Cr with Charge ID 100826545 was registered on 12 Oct 2023.

    12 Oct 2023

  • Annual General Meeting

    Simplicity Projects Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Simplicity Projects Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 14 Feb 2022 via Charge ID 100533899 with Others was fully satisfied on 27 Sep 2022.

    27 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 100575869 was registered on 07 Mar 2022.

    07 Mar 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100567886 was registered on 05 Mar 2022.

    05 Mar 2022

Frequently asked questions

  • Simplicity Projects Pvt Ltd was incorporated on 12 Nov 1982.

  • The authorized share capital of Simplicity Projects Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 2.52 M.

  • Currently 2 directors are associated with Simplicity Projects Pvt Ltd.

    • Anoop Shanker Madan
    • Mahipal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simplicity Projects Pvt Ltd is 17/31 Ground Floor Subash Nagar New Delhi, India, 110027.

  • The corporate identification number (CIN) of Simplicity Projects Pvt Ltd is U74210DL1982PTC014680 and the company number is 014680 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simplicity Projects Pvt Ltd is https://www.simplicityprojects.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Simplicity Projects Pvt Ltd has fallen by -21.70%.

  • As Per 2023 financial reports, 16 employees are currently employed by Simplicity Projects Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simplicity Projects Pvt Ltd has experienced an upsurge of 124.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Simplicity Projects Pvt Ltd amount to ₹ 6.18 Cr.

  • The most recent Balance Sheet for Simplicity Projects Pvt Ltd was filed with the ROC on 31 Mar 2023.

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