Sipping Spirits Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 7.50 Cr
- Company Age 17 Year, 8 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 eight 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
- 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
Sipping Spirits Private Limited
Explore comprehensive data for Sipping Spirits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sipping Spirits?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Natarajan  | Director | 20-Sep-2007 | Current |
| Natarajan Prasanna | Director | 20-Sep-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Shrilekha Business Consultancy Private LimitedSrinivasan Natarajan is a mutual person
Athulya Assisted Living Private LimitedNatarajan Prasanna is a mutual person
Binny Mills LimitedNatarajan Prasanna is a mutual person
Integrated Enterprises (India) Private LimitedSrinivasan Natarajan is a mutual person
Sheetala Credit And Holdings Private LimitedSrinivasan Natarajan and Natarajan Prasanna are mutual person
- Rajat Chakra Credit And Holdings Private Limited
Srinivasan Natarajan and Natarajan Prasanna are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2008 | State Bank Of India | ₹5.28 Cr | Open |
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.
Deals i
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
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.
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.
- Balance Sheet
Sipping Spirits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- 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.
- Charges
A charge with State Bank Of India amounted to Rs. 5.28 Cr with Charge ID 10113215 was registered on 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 8 months .
- 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 8 months .
Frequently asked questions
What is the Incorporation or founding date of Sipping Spirits Private Limited?
Sipping Spirits Private Limited was incorporated on 20 Sep 2007.
What is authorized share capital and paid-up capital of Sipping Spirits Private Limited?
The authorized share capital of Sipping Spirits Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.50 Cr.
Who are the current board members & directors of Sipping Spirits Private Limited?
Currently 2 directors are associated with Sipping Spirits Private Limited.
- Srinivasan Natarajan
- Natarajan Prasanna
What is the registered address of Sipping Spirits Private Limited?
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.
What is the corporate identification number (CIN) and company number of Sipping Spirits Private Limited?
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).
What is the official website of Sipping Spirits Private Limited?
The Official website of Sipping Spirits Private Limited is https://www.sippingspirits.com
What has been the recent revenue trend for Sipping Spirits Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sipping Spirits Private Limited has fallen by -29.52%.
How many employees does Sipping Spirits Private Limited currently have?
As Per 2023 financial reports, 29 employees are currently employed by Sipping Spirits Private Limited.
What change has been observed in the net worth of Sipping Spirits Private Limited, and by what percentage?
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%.
What are the total open charges for Sipping Spirits Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sipping Spirits Private Limited amount to ₹ 5.28 Cr.
When was the last Balance Sheet of Sipping Spirits Private Limited filed with the ROC?
The most recent Balance Sheet for Sipping Spirits Private Limited was filed with the ROC on 31 Mar 2023.
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