Sipping Spirits Private Limited

Produces and sells a variety of alcoholic beverages, including vodka, tequila, cocktails, rum, brandy, and outdoor drinks.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Sipping Spirits Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.28 Cr
  • Revenue Growth -29.52%
  • Profit Growth -92.22%
  • Ebitda 333.67%
  • Net Worth 8.24%
  • Total Assets -32.70%

About Sipping Spirits

Sipping Spirits Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2007 and has a history of 17 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Food And Beverages 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 7.50 Cr and a paid-up capital of Rs 7.50 Cr.

The company currently has active open charges totaling ₹5.28 Cr.

Srinivasan Natarajan and Natarajan Prasanna serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sippingspirits.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15531TN2007PTC064829

  • Company No.

    064829

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages

Who are the key members and board of directors at Sipping Spirits?

Board Members (2)

NameDesignationAppointment DateStatus
Srinivasan Natarajan Country flag representing In Director 20-Sep-2007Current
Natarajan Prasanna Country flag representing In Director 20-Sep-2007Current

Financial Performance of Sipping Spirits.

Sipping Spirits Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.52% decrease. The company also saw a substantial fall in profitability, with a 92.22% decrease in profit. The company's net worth moved up by a moderate rise of 8.24%.

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
-29.52%
Revenue from Operations
125.59%
Total Assets
-32.70%
Profit or Loss
-92.22%
Net Worth
8.24%
EBITDA
333.67%

What is the Ownership and Shareholding Structure of Sipping Spirits?

In 2023, Sipping Spirits had a promoter holding of 16.11% and a public holding of 83.89%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.28 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.28 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jun 2008State Bank Of India₹5.28 CrOpen

How Many Employees Work at Sipping Spirits?

Sipping Spirits has a workforce of 29 employees as of Mar 30, 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 Sipping Spirits, 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 Sipping Spirits'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 Sipping Spirits

Recent activity within the organization

  • Annual General Meeting

    Sipping Spirits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sipping Spirits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 5.28 Cr registered on 09 Jun 2008 with Charge ID 10113215 was modified on 30 May 2020.

    30 May 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.28 Cr with Charge ID 10113215 was registered on 09 Jun 2008.

    09 Jun 2008

  • Director Appointment

    Srinivasan Natarajan was appointed as a Director was appointed as a Director on 20 Sep 2007 & has been associated with this company since 17 years 5 months .

    20 Sep 2007

  • Director Appointment

    Natarajan Prasanna was appointed as a Director was appointed as a Director on 20 Sep 2007 & has been associated with this company since 17 years 5 months .

    20 Sep 2007

Frequently asked questions

  • Sipping Spirits Private Limited was incorporated on 20 Sep 2007.

  • The authorized share capital of Sipping Spirits Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.50 Cr.

  • Currently 2 directors are associated with Sipping Spirits Private Limited.

    • Srinivasan Natarajan
    • Natarajan Prasanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sipping Spirits Private Limited is No. 4 Crescent Avenue Kesavaperumalpuram, India, Chennai, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Sipping Spirits Private Limited is U15531TN2007PTC064829 and the company number is 064829 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sipping Spirits Private Limited is https://www.sippingspirits.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sipping Spirits Private Limited has fallen by -29.52%.

  • As Per 2023 financial reports, 29 employees are currently employed by Sipping Spirits Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sipping Spirits Private Limited has experienced an upsurge of 8.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sipping Spirits Private Limited amount to ₹ 5.28 Cr.

  • The most recent Balance Sheet for Sipping Spirits Private Limited was filed with the ROC on 31 Mar 2023.

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