Skand Private Limited

Sells vacant plots and incorporated in 1974, with registered office in Sandur, Karnataka.

1974 | Bellary, Karnataka (India) | Active
Last Updated:

Skand Profile

Key Indicators

  • Authorised Capital ₹ 6.25 Cr
  • Paid Up Capital ₹ 1.54 Cr
  • Company Age 51 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.95 Cr
  • Satisfied Charges ₹ 475.78 Cr
  • Revenue Growth 45.09%
  • Profit Growth 72.56%
  • Ebitda -87.16%
  • Net Worth -0.02%
  • Total Assets 0.83%

About Skand

Skand Private Limited (SPL) was founded in India on 28 January 1974 and has a glorious history of 51 years and one month. Its registered office is in Bellary, Karnataka, India.

The Company is engaged in the Financial Services 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 6.25 Cr and a paid-up capital of Rs 1.54 Cr.

The company currently has active open charges totaling ₹2.95 Cr. The company has closed loans amounting to ₹475.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatachalam Balasubramanian, Aditi Raja, Bahirji Ghorpade, and One other member serve as directors at the Company.

Company Details

  • Location

    Bellary, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60210KA1974PTC002491

  • Company No.

    002491

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1974

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Real Estate and Construction

Who are the key members and board of directors at Skand?

Board Members (4)

NameDesignationAppointment DateStatus
Venkatachalam Balasubramanian Country flag representing In Director 16-Dec-2019Current
Aditi Raja Country flag representing In Director 16-Dec-2019Current
Bahirji Ghorpade Country flag representing In Director 25-Jun-2019Current
Suryaprabha Ghorpade Country flag representing In Whole-Time Director 01-Oct-1998Current

Financial Performance of Skand.

Skand Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.09% increase. The company also saw a substantial improvement in profitability, with a 72.56% increase in profit. The company's net worth dipped by a decrease of 0.02%.

Skand revenue growth over time
Skand 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
45.09%
Revenue from Operations
-9.43%
Total Assets
0.83%
Profit or Loss
72.56%
Net Worth
-0.02%
EBITDA
-87.16%

What is the Ownership and Shareholding Structure of Skand?

In 2023, Skand had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.95 Cr

Satisfied Charges

₹475.78 Cr

Charges Breakdown by Lending Institutions

  • Karnataka State Financial Corporation : 2.75 Cr
  • The Maharashtra State Financial Corporation : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 1996Karnataka State Financial Corporation₹7.50 MOpen
14 May 1996Karnataka State Financial Corporation₹2.00 CrOpen
01 Mar 1993The Maharashtra State Financial Corporation₹2.00 MOpen
26 Mar 2019Others₹470.00 CrSatisfied
07 Feb 2005Manipal Housing Finance Syndicate Ltd₹1.46 CrSatisfied

How Many Employees Work at Skand?

Skand has a workforce of 2 employees as of Mar 29, 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.

Employee growth trends for Skand Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Skand, 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 Skand'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 Skand

Recent activity within the organization

  • Annual General Meeting

    Skand Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Skand Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 26 Mar 2019 via Charge ID 100249561 with Others was fully satisfied on 02 Nov 2021.

  • Director Appointment

    Venkatachalam Balasubramanian was appointed as a Director was appointed as a Director on 16 Dec 2019 & has been associated with this company since 5 years 2 months .

  • Director Appointment

    Aditi Raja was appointed as a Director was appointed as a Director on 16 Dec 2019 & has been associated with this company since 5 years 2 months .

  • Director Appointment

    Bahirji Ajay Ghorpade was appointed as a Director was appointed as a Director on 25 Jun 2019 & has been associated with this company since 5 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Skand Private Limited?

    Skand Private Limited was incorporated on 28 Jan 1974.

  • What is authorized share capital and paid-up capital of Skand Private Limited?

    The authorized share capital of Skand Private Limited is ₹ 6.25 Cr and paid-up capital is ₹ 1.54 Cr.

  • Who are the current board members & directors of Skand Private Limited?

    Currently 4 directors are associated with Skand Private Limited.

    • Venkatachalam Balasubramanian
    • Aditi Raja
    • Bahirji Ajay Ghorpade
    • Suryaprabha Ajai Ghorpade

  • What is the registered address of Skand Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Skand Private Limited is P.B. 7 Palace Grounds, India, Sandur, Karnataka, 583119.

  • What is the corporate identification number (CIN) and company number of Skand Private Limited?

    The corporate identification number (CIN) of Skand Private Limited is U60210KA1974PTC002491 and the company number is 002491 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Skand Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Skand Private Limited has risen by 45.09%.

  • How many employees does Skand Private Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Skand Private Limited.

  • What change has been observed in the net worth of Skand Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Skand Private Limited has experienced an downturn of -0.02%.

  • What are the total open charges for Skand Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Skand Private Limited amount to ₹ 2.95 Cr.

  • When was the last Balance Sheet of Skand Private Limited filed with the ROC?

    The most recent Balance Sheet for Skand Private Limited was filed with the ROC on 31 Mar 2024.

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