Soaring Spirits Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 24-07-2024
- Paid Up Capital ₹ 1.87 Cr
as on 24-07-2024
- Company Age 20 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 44.53 Cr
as on 24-07-2024
- Satisfied Charges ₹ 14.26 Cr
as on 24-07-2024
- Revenue 21.30%
(FY 2023)
- Profit -38.23%
(FY 2023)
- Ebitda -14.23%
(FY 2023)
- Net Worth 4.15%
(FY 2023)
- Total Assets 12.71%
(FY 2023)
About Soaring Spirits
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 3.00 Cr and a paid-up capital of Rs 1.87 Cr.
The company currently has active open charges totaling ₹44.53 Cr. The company has closed loans amounting to ₹14.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venkateswara Bhupathiraju, Alluru Raju, and Satya Vatsavai serve as directors at the Company.
- CIN/LLPIN
U15511TG2004PTC141229
- Company No.
096790
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Aug 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Secunderabad, Telangana, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Soaring Spirits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkateswara Bhupathiraju  | Managing Director | 14-Mar-2005 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Alluru Raju | Director | 18-Aug-2006 | Current |
| Satya Vatsavai | Director | 30-Jun-2011 | Current |
Financial Performance of Soaring Spirits.
Soaring Spirits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.3% increase. The company also saw a substantial fall in profitability, with a 38.23% decrease in profit. The company's net worth moved up by a moderate rise of 4.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Soaring Spirits?
In 2023, Soaring Spirits 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)
- Soaring Paper Carts Private LimitedActive 11 years 3 months
Venkateswara Bhupathiraju and Satya Vatsavai are mutual person
- Aetna Life Sciences Private LimitedActive 4 years 4 months
Venkateswara Bhupathiraju is a mutual person
- Virtuoso Beverages Private LimitedActive 9 years 3 months
Venkateswara Bhupathiraju is a mutual person
Charges (Loans)
₹44.53 Cr
₹14.26 Cr
Charges Breakdown by Lending Institutions
- Others : 44.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2023 | Others | ₹2.00 Cr | Open |
| 26 Aug 2022 | Others | ₹3.50 Cr | Open |
| 05 Aug 2022 | Others | ₹4.35 Cr | Open |
| 15 Feb 2022 | Others | ₹5.00 M | Open |
| 15 Feb 2022 | Others | ₹1.00 Cr | Open |
How Many Employees Work at Soaring Spirits?
Soaring Spirits has a workforce of 23 employees as of Apr 07, 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 Soaring 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 Soaring 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.
