Sipat Transmission Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 44.00 Cr
as on 16-11-2024
- Company Age 10 Year, 3 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 533.75 Cr
as on 16-11-2024
- Satisfied Charges ₹ 461.00 Cr
as on 16-11-2024
- Revenue -1.84%
(FY 2023)
- Profit -11.17%
(FY 2023)
- Ebitda -3.63%
(FY 2023)
- Net Worth 0.03%
(FY 2023)
- Total Assets 4.25%
(FY 2023)
About Sipat Transmission
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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 44.00 Cr.
The company currently has active open charges totaling ₹533.75 Cr. The company has closed loans amounting to ₹461.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sipat Transmission Limited India are Rakesh Darji as CFO and Pritesh Shah as Company Secretary. Jigar Thakkar, Sanjay Bhatt, and Nihar Raj serve as directors at the Company.
- CIN/LLPIN
U40300GJ2014GOI094190
- Company No.
094190
- Company Classification
Public Limited Union Government Company
- Incorporation Date
23 Dec 2014
- Date of AGM
22 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Sipat Transmission?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Darji  | CFO | 30-Mar-2019 | Current |
| Pritesh Shah | Company Secretary | 30-Mar-2019 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jigar Thakkar | Director | 24-Oct-2019 | Current |
| Sanjay Bhatt | Whole-Time Director | 24-Jun-2020 | Current |
| Nihar Raj | Director | 06-Dec-2021 | Current |
Financial Performance of Sipat Transmission.
Sipat Transmission Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.84% decrease. The company also saw a substantial fall in profitability, with a 11.17% decrease in profit. The company's net worth moved up by a moderate rise of 0.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sipat Transmission?
In 2023, Sipat Transmission had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maru Transmission Service Company LimitedActive 15 years 6 monthsSanjay Bhatt and Nihar Raj are mutual person
Chhattisgarh-Wr Transmission LimitedActive 10 years 2 daysJigar Thakkar, Sanjay Bhatt and 1 more are mutual person
- Aravali Transmission Service Company LimitedActive 15 years 6 months
Sanjay Bhatt is a mutual person
- Raipur-Rajnandgaon-Warora Transmission LimitedActive 10 years 3 days
Sanjay Bhatt and Nihar Raj are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 06 Sep 2021 | ₹533.75 Cr | Open |
Others Creation Date: 20 Feb 2017 | ₹461.00 Cr | Satisfied |
How Many Employees Work at Sipat Transmission?
Sipat Transmission has a workforce of 3 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sipat Transmission, 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 Sipat Transmission's trajectory.
Rating
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
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.
