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Sovereign Industries Limited - Company Profile

It is a agriculture public limited company based in Mudhol, Karnataka, India, established in 2009.

2009 | Mudhol, Karnataka, India | Under Cirp
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About Sovereign Industries Limited

Sovereign Industries Limited, a under cirp public limited company, was established on 05 January 2009 in Mudhol, Karnataka, India. Engaging in sugar processing within the manufacturing sector, it holds CIN: U74900KA2009PLC069837. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹26.00 Cr and a paid-up capital of ₹4.22 Cr.

It upholds a active non-compliant status. Its leadership includes Shivakumar Malagan (Director), Konduru Prasanth Raju (Irp/Rp/Liquidator), Gurappa Reddi (Director). Past directors included Ippagunta Rama Devi, Sudheer Rayachoti, Deepak Hanamanthgouda Patil. It holds ₹292.04 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at 2Nd Floor, Triveni Complex Yadwad Road, Mudhol, Karnataka, 587313.

Company Details

  • CIN/LLPIN

    U74900KA2009PLC069837

  • Registration Number

    069837

  • Incorporation Date

    05 January 2009

  • Authorized Capital

    ₹26.00 Cr

  • Paid-Up Capital

    ₹4.22 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Indicators

  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 4.22 Cr
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 292.04 Cr
  • Revenue Growth %
  • Profit Growth 74.11%
  • Ebitda 65.23%
  • Net Worth -5.93%
  • Total Assets 2.85%
Company report

Sovereign Industries Limited

Company Report FY 2025-2026

Explore comprehensive insights into Sovereign Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sovereign Industries Limited?

Current Directors

NameDesignationAppointment DateStatus
Shivakumar MalaganDirector01 Jan 2012Current
Konduru Prasanth RajuIrp/Rp/Liquidator18 Mar 2024Current
Gurappa ReddiDirector05 May 2014Current
Basavaraj Ningappa ArakeriDirector15 Sep 2017Current
Ritesh Raghunath MahajanIrp/Rp/Liquidator23 Aug 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector16 Jan 2012Past
Pramod AbcsddWhole-Time Director30 Aug 2013Past
Pramod AbcsddAdditional Director14 Jul 2013Past
Pramod AbcsddDirector30 Aug 2013Past
Pramod AbcsddAdditional Director22 Sep 2012Past
Pramod AbcsddDirector20 Jan 2021Past

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Financial Performance of Sovereign Industries.

Sovereign Industries Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 74.11% increase in profit. The company's net worth dipped by a decrease of 5.93%.

Sovereign Industries revenue growth over time
Sovereign Industries 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
Revenue from Operations
Total Assets
2.85%
Profit or Loss
74.11%
Net Worth
-5.93%
EBITDA
65.23%

What is the Ownership and Shareholding Structure of Sovereign Industries?

In 2022, Sovereign Industries had a promoter holding of 62.08% and a public holding of 37.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,920,400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karnatka State Co-Operative Apex Bank Ltd : 245.00 Cr
  • Others : 47.04 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jul 2017Others₹10.00 CrOpen
28 Mar 2017Others₹7.04 CrOpen
22 Jun 2016Others₹30.00 CrOpen
22 Mar 2016The Karnatka State Co-Operative Apex Bank Ltd₹35.00 CrOpen
07 Apr 2015The Karnatka State Co-Operative Apex Bank Ltd₹61.00 CrOpen

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How Many Employees Work at Sovereign Industries?

Unlock and access historical data on people associated with Sovereign Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sovereign Industries Limited

Deals i

Graph showing company valuation over time

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Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Sovereign Industries

Recent Activity within the Organization

  • Director Appointment

    Konduru Prasanth Raju was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 18 Mar 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Director Appointment

    Ritesh Raghunath Mahajan was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 23 Aug 2023 & has been associated with this company since 2 years 4 months . was recorded as a recent event.

  • Annual General Meeting

    Sovereign Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Sovereign Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore. was completed.

  • Director Appointment

    The activity Basavaraj Ningappa Arakeri was appointed as a Director was appointed as a Director on 15 Sep 2017 & has been associated with this company since 8 years 3 months . was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100107811 was registered on 07 Jul 2017. was completed.

Frequently Asked Questions

  • What is the CIN of Sovereign Industries Limited?

    The CIN of Sovereign Industries Limited is U74900KA2009PLC069837.

  • Where is Sovereign Industries Limited headquartered?

    Sovereign Industries Limited is headquartered at 2Nd Floor, Triveni Complex Yadwad Road, Mudhol, Karnataka, 587313.

  • When was Sovereign Industries Limited incorporated?

    Sovereign Industries Limited was incorporated on 05 January 2009.

  • Who are the current directors of Sovereign Industries Limited?

    The current directors of Sovereign Industries Limited are

  • What is the primary industry of Sovereign Industries Limited?

    The primary industry of Sovereign Industries Limited is Manufacturing.

  • Is Sovereign Industries Limited a listed company?

    Sovereign Industries Limited is unlisted.

  • What is the capital structure of Sovereign Industries Limited?

    The authorized capital of Sovereign Industries Limited is ₹26.00 Cr, and the paid-up capital is ₹4.22 Cr.

  • What is the compliance status of Sovereign Industries Limited?

    The compliance status of Sovereign Industries Limited is Active Non-Compliant.

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