South Asia Lpg Company Private Limited

Develops and operates underground LPG storage facility for imported LPG.

1999 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: June 15, 2024

South Asia Lpg Company Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 100.00 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 241.30 Cr
  • Revenue Growth -20.68%
  • Profit Growth -27.08%
  • Ebitda -25.64%
  • Net Worth 28.00%
  • Total Assets 19.08%

About South Asia Lpg Company

South Asia Lpg Company Private Limited (SALCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 1999 and has a history of 25 years and three months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Utilities 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 100.00 Cr and a paid-up capital of Rs 100.00 Cr.

The company has closed loans amounting to ₹241.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at South Asia Lpg Company Private Limited India is Vikash Verma as CFO. Vincent Minard, Anuj Jain, Olivier Sabrie, and Three other members serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    salpg.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U11101AP1999PTC032851

  • Company No.

    032851

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1999

  • Date of AGM

    27 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Utilities

What products or services does South Asia Lpg Company Private Limited offer?

South Asia Lpg Company Private Limited offers a wide range of products and services, including Environment Protection & Auditing, Environment Protection Services, Installation Service, LPG Installation Services.

Who are the key members and board of directors at South Asia Lpg Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Vikash Verma CFO10-May-2024Current
Naveen Makheja Managing Director10-May-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Vincent Minard Country flag representing Fr Director 13-Apr-2022Current
Anuj Jain Country flag representing In Director 04-Apr-2022Current
Olivier Sabrie Country flag representing Fr Director 10-Nov-2021Current
Sujata Londhe Country flag representing In Additional Director 29-Feb-2024Current
Rajneesh Narang Country flag representing In Director 01-May-2022Current

Financial Performance of South Asia Lpg Company.

South Asia Lpg Company Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.68% decrease. The company also saw a substantial fall in profitability, with a 27.08% decrease in profit. The company's net worth Soared by an impressive increase of 28%.

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
-20.68%
Revenue from Operations
-21.33%
Total Assets
19.08%
Profit or Loss
-27.08%
Net Worth
28.00%
EBITDA
-25.64%

What is the Ownership and Shareholding Structure of South Asia Lpg Company?

In 2023, South Asia Lpg Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹241.30 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 233.30 Cr
  • State Bank Of India Corporate Accounts Group Branch : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jun 2009State Bank Of India Corporate Accounts Group Branch₹8.00 CrSatisfied
15 Mar 2004State Bank Of India₹233.30 CrSatisfied

How Many Employees Work at South Asia Lpg Company?

South Asia Lpg Company has a workforce of 37 employees as of Apr 09, 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 South Asia Lpg Company, 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 South Asia Lpg Company'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 South Asia Lpg Company

Recent activity within the organization

  • Director Appointment

    Vikash Verma was appointed as a Cfo was appointed as a Cfo on 10 May 2024 & has been associated with this company since 9 months 13 days .

    10 May 2024

  • Director Appointment

    Naveen Makheja was appointed as a Managing Director was appointed as a Managing Director on 10 May 2024 & has been associated with this company since 9 months 13 days .

    10 May 2024

  • Director Appointment

    Sujata Sunil Londhe was appointed as a Additional Director was appointed as a Additional Director on 29 Feb 2024 & has been associated with this company since 11 months 23 days .

    29 Feb 2024

  • Annual General Meeting

    South Asia Lpg Company Private Limited last Annual general meeting of members was held on 27 Jun 2023 as per latest MCA records.

    27 Jun 2023

  • Balance Sheet

    South Asia Lpg Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Rajneesh Narang was appointed as a Director was appointed as a Director on 01 May 2022 & has been associated with this company since 2 years 9 months .

    01 May 2022

Frequently asked questions

  • South Asia Lpg Company Private Limited was incorporated on 16 Nov 1999.

  • The authorized share capital of South Asia Lpg Company Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 100.00 Cr.

  • Currently 7 directors are associated with South Asia Lpg Company Private Limited.

    • Vikash Verma
    • Vincent Patrick Antoine Raymond Minard
    • Anuj Kumar Jain
    • Olivier Marc Sabrie
    • Sujata Sunil Londhe
    • Rajneesh Narang
    • Naveen Makheja
  • As per Ministry of Corporate Affairs (Mca), the registered address of South Asia Lpg Company Private Limited is Office No. 501 & 502 4Th Floor Kotu Empire Block No. 1 Ts No 5/2 Waltair Road, Visakhapatnam, Andhra Pradesh, India, 530003.

  • The corporate identification number (CIN) of South Asia Lpg Company Private Limited is U11101AP1999PTC032851 and the company number is 032851 as per Ministry of Corporate Affairs (MCA).

  • The Official website of South Asia Lpg Company Private Limited is https://www.salpg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for South Asia Lpg Company Private Limited has fallen by -20.68%.

  • As Per 2023 financial reports, 37 employees are currently employed by South Asia Lpg Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of South Asia Lpg Company Private Limited has experienced an upsurge of 28.00%.

  • The most recent Balance Sheet for South Asia Lpg Company Private Limited was filed with the ROC on 31 Mar 2023.