Simplified Procurement Services Private Limited

Procurement services for metal trading, established in 2017 in Tamil Nadu.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Simplified Procurement Services Profile

Key Indicators

  • Authorised Capital ₹ 5.01 M
  • Paid Up Capital ₹ 5.01 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 373.57%
  • Profit Growth 498.12%
  • Ebitda 762.45%
  • Net Worth 41.66%
  • Total Assets 13.37%

About Simplified Procurement Services

Simplified Procurement Services Private Limited (SPSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 December 2017 (Seven years and two months 13 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Simplified Procurement Services (Opc) Private Limited. The Company is engaged in the Metals And Minerals 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 5.01 M and a paid-up capital of Rs 5.01 M, as per Ministry of Corporate Affairs (MCA) records.

Sundaresan Yogeshwaran and Venkata Sankar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    proctek.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909TN2017PTC119961

  • Company No.

    119961

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2017

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at Simplified Procurement Services?

Board Members (2)

NameDesignationAppointment DateStatus
Sundaresan Yogeshwaran Country flag representing In Director 13-Dec-2017Current
Venkata Sankar Country flag representing In Director 24-Dec-2020Current

Financial Performance of Simplified Procurement Services.

Simplified Procurement Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 373.57% increase. The company also saw a substantial improvement in profitability, with a 498.12% increase in profit. The company's net worth Soared by an impressive increase of 41.66%.

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
373.57%
Revenue from Operations
386.49%
Total Assets
13.37%
Profit or Loss
498.12%
Net Worth
41.66%
EBITDA
762.45%

What is the Ownership and Shareholding Structure of Simplified Procurement Services?

In 2022, Simplified Procurement Services 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Simplified Procurement Services?

Unlock and access historical data on people associated with Simplified Procurement Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Simplified Procurement Services, 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 Simplified Procurement Services'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 Simplified Procurement Services

Recent activity within the organization

  • Annual General Meeting

    Simplified Procurement Services Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Simplified Procurement Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Venkata Raman Krishna Sankar was appointed as a Director was appointed as a Director on 24 Dec 2020 & has been associated with this company since 4 years 2 months .

    24 Dec 2020

  • Director Appointment

    Sundaresan Yogeshwaran was appointed as a Director was appointed as a Director on 13 Dec 2017 & has been associated with this company since 7 years 2 months .

    13 Dec 2017

  • Company Incorporation

    Simplified Procurement Services Private Limited was registered on 13 Dec 2017 with Roc Chennai & aged 7 years 2 months as per MCA records.

    13 Dec 2017

Frequently asked questions

  • Simplified Procurement Services Private Limited was incorporated on 13 Dec 2017.

  • The authorized share capital of Simplified Procurement Services Private Limited is ₹ 5.01 M and paid-up capital is ₹ 5.01 M.

  • Currently 2 directors are associated with Simplified Procurement Services Private Limited.

    • Sundaresan Yogeshwaran
    • Venkata Raman Krishna Sankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simplified Procurement Services Private Limited is New No.37, Door No.2B Chaitanya Suvidha Apartment 6Th Main Road India, Chennai City Corporation, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Simplified Procurement Services Private Limited is U51909TN2017PTC119961 and the company number is 119961 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simplified Procurement Services Private Limited is https://www.proctek.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Simplified Procurement Services Private Limited has risen by 373.57%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Simplified Procurement Services Private Limited has experienced an upsurge of 41.66%.

  • The most recent Balance Sheet for Simplified Procurement Services Private Limited was filed with the ROC on 31 Mar 2024.

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