Sovereign Agro Tech Refinery Private Limited

Produces edible oils and operates an online portal.

2015 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Sovereign Agro Tech Refinery Profile

Key Indicators

  • Authorised Capital ₹ 4.60 Cr
  • Paid Up Capital ₹ 4.60 Cr
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 137.31 Cr
  • Satisfied Charges ₹ 26.19 Cr
  • Revenue Growth 6.68%
  • Profit Growth -422.20%
  • Ebitda -186.55%
  • Net Worth -45.88%
  • Total Assets -15.53%

About Sovereign Agro Tech Refinery

Sovereign Agro Tech Refinery Private Limited (SATRPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 November 2015 (Nine years and three months 16 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

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 4.60 Cr and a paid-up capital of Rs 4.60 Cr.

The company currently has active open charges totaling ₹137.31 Cr. The company has closed loans amounting to ₹26.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayachandran Prabhu, Aroonavel Muthunadar, and Niranjan serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sovereignagro.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900TN2015PTC102867

  • Company No.

    102867

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages

What products or services does Sovereign Agro Tech Refinery Private Limited offer?

Sovereign Agro Tech Refinery Private Limited offers a wide range of products and services, including Edible Oil & Allied Products, Refined Oil, Edible Oil, Palm Oil.

Who are the key members and board of directors at Sovereign Agro Tech Refinery?

Board Members (3)

Name Designation Appointment Date Status
Jayachandran Prabhu Country flag representing In Director 03-Nov-2015 Current
Aroonavel Muthunadar Country flag representing In Director 03-Nov-2015 Current
Niranjan Country flag representing In Director 15-Feb-2019 Current

Financial Performance of Sovereign Agro Tech Refinery.

Sovereign Agro Tech Refinery Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.68% increase. The company also saw a substantial fall in profitability, with a 422.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.88%.

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
6.68%
Revenue from Operations
6.29%
Total Assets
-15.53%
Profit or Loss
-422.20%
Net Worth
-45.88%
EBITDA
-186.55%

What is the Ownership and Shareholding Structure of Sovereign Agro Tech Refinery?

In 2023, Sovereign Agro Tech Refinery 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

₹137.31 Cr

Satisfied Charges

₹26.19 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 96.28 Cr
  • Others : 21.90 Cr
  • Karnataka Bank Ltd. : 19.13 Cr

Latest Charge Details

Date Lender Amount Status
02 Jun 2022 Karnataka Bank Ltd. ₹19.13 Cr Open
20 Oct 2021 Others ₹5.00 Cr Open
04 Aug 2021 Standard Chartered Bank ₹2.00 Cr Open
28 Jun 2019 Others ₹16.90 Cr Open
04 Feb 2019 Standard Chartered Bank ₹33.67 Cr Open

How Many Employees Work at Sovereign Agro Tech Refinery?

Sovereign Agro Tech Refinery has a workforce of 14 employees as of Apr 01, 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 Sovereign Agro Tech Refinery, 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 Sovereign Agro Tech Refinery'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 Sovereign Agro Tech Refinery

Recent activity within the organization

  • Annual General Meeting

    Sovereign Agro Tech Refinery Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 2.00 Cr registered on 04 Aug 2021 with Charge ID 100474055 was modified on 16 May 2023.

    16 May 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 33.67 Cr registered on 04 Feb 2019 with Charge ID 100238982 was modified on 16 May 2023.

    16 May 2023

  • Balance Sheet

    Sovereign Agro Tech Refinery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 19.13 Cr with Charge ID 100583781 was registered on 02 Jun 2022.

    02 Jun 2022

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100489927 was registered on 20 Oct 2021.

    20 Oct 2021

Frequently asked questions

  • Sovereign Agro Tech Refinery Private Limited was incorporated on 03 Nov 2015.

  • The authorized share capital of Sovereign Agro Tech Refinery Private Limited is ₹ 4.60 Cr and paid-up capital is ₹ 4.60 Cr.

  • Currently 3 directors are associated with Sovereign Agro Tech Refinery Private Limited.

    • Jayachandran Ranjith Jai Prabhu
    • Aroonavel Muthunadar
    • Niranjan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sovereign Agro Tech Refinery Private Limited is Old-3A New-8 Second Street Srinivasa Nagar, Koyembedu India, Chennai, Tamil Nadu, 600107.

  • The corporate identification number (CIN) of Sovereign Agro Tech Refinery Private Limited is U74900TN2015PTC102867 and the company number is 102867 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sovereign Agro Tech Refinery Private Limited is https://www.sovereignagro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sovereign Agro Tech Refinery Private Limited has risen by 6.68%.

  • As Per 2023 financial reports, 14 employees are currently employed by Sovereign Agro Tech Refinery Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sovereign Agro Tech Refinery Private Limited has experienced an downturn of -45.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sovereign Agro Tech Refinery Private Limited amount to ₹ 137.31 Cr.

  • The most recent Balance Sheet for Sovereign Agro Tech Refinery Private Limited was filed with the ROC on 31 Mar 2023.