Snam Abrasives Private Limited

Manufacturer of abrasive grade silicon carbide for domestic and international markets.

1979 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Snam Abrasives Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 45 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.90 Cr
  • Satisfied Charges ₹ 85.42 Cr
  • Revenue Growth 43.06%
  • Profit Growth -0.46%
  • Ebitda 1.75%
  • Net Worth 12.95%
  • Total Assets 12.88%

About Snam Abrasives

Snam Abrasives Private Limited (SAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 December 1979 and has a history of 45 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Snam Abrasives 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹38.90 Cr. The company has closed loans amounting to ₹85.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Muralidhar Dhuddu, Dayananda Naik, and Srikanth Sivaraman serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    snamabrasives.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29200KA1979PTC003670

  • Company No.

    003670

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Snam Abrasives?

Board Members (3)

NameDesignationAppointment DateStatus
Muralidhar Dhuddu Country flag representing In Director 03-Dec-1979Current
Dayananda Naik Country flag representing In Director 03-Dec-1979Current
Srikanth Sivaraman Country flag representing In Director 01-Apr-2015Current

Financial Performance of Snam Abrasives.

Snam Abrasives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.06% increase. The company also saw a slight decrease in profitability, with a 0.46% decrease in profit. The company's net worth Soared by an impressive increase of 12.95%.

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
43.06%
Revenue from Operations
43.68%
Total Assets
12.88%
Profit or Loss
-0.46%
Net Worth
12.95%
EBITDA
1.75%

What is the Ownership and Shareholding Structure of Snam Abrasives?

In 2023, Snam Abrasives had a promoter holding of 59.96% and a public holding of 40.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.90 Cr

Satisfied Charges

₹85.42 Cr

Charges Breakdown by Lending Institutions

  • Export-Import Bank Of India : 28.90 Cr
  • Hdfc Bank Limited : 5.00 Cr
  • Citi Bank N.A. : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2021Hdfc Bank Limited₹5.00 CrOpen
11 Dec 2015Export-Import Bank Of India₹28.90 CrOpen
03 Oct 2011Citi Bank N.A.₹5.00 CrOpen
19 Feb 2016Export-Import Bank Of India₹5.44 CrSatisfied
26 Nov 2014Export-Import Bank Of India₹5.04 CrSatisfied

How Many Employees Work at Snam Abrasives?

Snam Abrasives has a workforce of 54 employees as of Mar 22, 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 Snam Abrasives, 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 Snam Abrasives'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 Snam Abrasives

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Snam Abrasives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 19 Feb 2016 via Charge ID 10622068 with Export-Import Bank Of India was fully satisfied on 14 Dec 2022.

    14 Dec 2022

  • Charges

    A charge registered on 26 Nov 2014 via Charge ID 10536206 with Export-Import Bank Of India was fully satisfied on 14 Dec 2022.

    14 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 21 Jun 2021 with Charge ID 100472092 was modified on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100472092 was registered on 21 Jun 2021.

    21 Jun 2021

Frequently asked questions

  • Snam Abrasives Private Limited was incorporated on 03 Dec 1979.

  • The authorized share capital of Snam Abrasives Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 3 directors are associated with Snam Abrasives Private Limited.

    • Muralidhar Dhuddu
    • Dayananda Hiriadka Naik
    • Srikanth Sivaraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Snam Abrasives Private Limited is 21(E) Industrial Estate Attibele, Anekal Taluk India, Bangalore, Karnataka, 562107.

  • The corporate identification number (CIN) of Snam Abrasives Private Limited is U29200KA1979PTC003670 and the company number is 003670 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Snam Abrasives Private Limited is https://www.snamabrasives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Snam Abrasives Private Limited has risen by 43.06%.

  • As Per 2023 financial reports, 54 employees are currently employed by Snam Abrasives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Snam Abrasives Private Limited has experienced an upsurge of 12.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Snam Abrasives Private Limited amount to ₹ 38.90 Cr.

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

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