Sorakaya Precision Products Private Limited
Engineering and manufacturing company specializing in automobile and electrical products.
1997 | Bangaluru, Karnataka (India) | Active
Sorakaya Precision Products Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.40 M
- Company Age 28 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.23 Cr
- Satisfied Charges ₹ 12.07 Cr
- Revenue Growth 5.44%
- Profit Growth 5.75%
- Ebitda 57.03%
- Net Worth 10.39%
- Total Assets 31.74%
About Sorakaya Precision Products
Sorakaya Precision Products Private Limited (SPPPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 February 1997 and has a history of 28 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Engineering 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 2.50 M and a paid-up capital of Rs 2.40 M.
The company currently has active open charges totaling ₹3.23 Cr. The company has closed loans amounting to ₹12.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shivakumar Kanakarajan and Vimalarajan Kanakrajan serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U03110KA1997PTC021801
- Company No.
021801
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Feb 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Engineering
Sorakaya Precision Products Private Limited
Explore comprehensive data for Sorakaya Precision Products Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sorakaya Precision Products?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shivakumar Kanakarajan  | Whole-Time Director | 12-Feb-1997 | Current |
| Vimalarajan Kanakrajan | Director | 12-Feb-1997 | Current |
Financial Performance of Sorakaya Precision Products.
Sorakaya Precision Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.44% increase. The company also saw a slight improvement in profitability, with a 5.75% increase in profit. The company's net worth Soared by an impressive increase of 10.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sorakaya Precision Products?
In 2023, Sorakaya Precision Products had a public holding of 10.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Pallet & Rack Logistics Private Limited
Shivakumar Kanakarajan is a mutual person
Charges (Loans)
Open Charges
₹32.30 M
Satisfied Charges
₹120.69 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.63 Cr
- Others : 1.19 Cr
- State Bank Of India : 0.25 Cr
- State Bank Of Mysore : 0.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2022 | Axis Bank Limited | ₹1.63 Cr | Open |
| 14 Aug 2017 | Others | ₹1.19 Cr | Open |
| 15 Feb 2007 | State Bank Of Mysore | ₹1.60 M | Open |
| 11 Apr 1997 | State Bank Of India | ₹2.50 M | Open |
| 12 Jan 2011 | Icici Bank Limited | ₹6.07 Cr | Satisfied |
How Many Employees Work at Sorakaya Precision Products?
Sorakaya Precision Products has a workforce of 0 employees as of Apr 06, 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 Sorakaya Precision Products, 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 Sorakaya Precision Products'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 Sorakaya Precision Products
Recent activity within the organization
- Annual General Meeting
Sorakaya Precision Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Sorakaya Precision Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Axis Bank Limited amounted to Rs. 16.30 M with Charge ID 100589787 was registered on 25 Jun 2022.
- Charges
A charge with Others amounted to Rs. 11.90 M with Charge ID 100120209 was registered on 14 Aug 2017.
- Charges
A charge registered on 12 Jan 2011 via Charge ID 10262691 with Icici Bank Limited was fully satisfied on 26 Jul 2014.
- Charges
A charge registered on 21 Apr 2009 via Charge ID 10156715 with Karnataka State Financial Corporation was fully satisfied on 19 Jan 2011.
Frequently asked questions
What is the Incorporation or founding date of Sorakaya Precision Products Private Limited?
Sorakaya Precision Products Private Limited was incorporated on 12 Feb 1997.
What is authorized share capital and paid-up capital of Sorakaya Precision Products Private Limited?
The authorized share capital of Sorakaya Precision Products Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.40 M.
Who are the current board members & directors of Sorakaya Precision Products Private Limited?
Currently 2 directors are associated with Sorakaya Precision Products Private Limited.
- Shivakumar Kanakarajan
- Vimalarajan Kanakrajan
What is the registered address of Sorakaya Precision Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sorakaya Precision Products Private Limited is 4014 Hal 2Nd Stage, Indiranagar India, Bangalore, Karnataka, 560008.
What is the corporate identification number (CIN) and company number of Sorakaya Precision Products Private Limited?
The corporate identification number (CIN) of Sorakaya Precision Products Private Limited is U03110KA1997PTC021801 and the company number is 021801 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sorakaya Precision Products Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sorakaya Precision Products Private Limited has risen by 5.44%.
What change has been observed in the net worth of Sorakaya Precision Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sorakaya Precision Products Private Limited has experienced an upsurge of 10.39%.
What are the total open charges for Sorakaya Precision Products Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sorakaya Precision Products Private Limited amount to ₹ 3.23 Cr.
When was the last Balance Sheet of Sorakaya Precision Products Private Limited filed with the ROC?
The most recent Balance Sheet for Sorakaya Precision Products Private Limited was filed with the ROC on 31 Mar 2024.
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