Sovereign Industries Limited

Produces and distributes sugar, alcohol, and industrial chemicals since 2009.

2009 | Bagalkot, Karnataka (India) | Under Insolvency
Last Updated:

Sovereign Industries Profile

Key Indicators

  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 4.22 Cr
  • Company Age 16 Year, 4 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%

About Sovereign Industries

Sovereign Industries Limited (SIL) is Under Cirp company established on 05 Jan 2009 with its office registered at Bagalkot, Karnataka, India and has been running since 16 Year, 4 Months with a paid up capital of 4.22 Cr. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Bagalkot, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2009PLC069837

  • Company No.

    069837

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2009

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

What products or services does Sovereign Industries Limited offer?

Sovereign Industries Limited offers a wide range of products and services, including Organic Fertilizers and Manure, Phosphate Rich Organic Manure (PROM), Alcohol Solvents, Ethanol, Organic Sugar, Organic White Sugar, Diesel Engine Generator Set, Power Generator.

Company report

Sovereign Industries Limited

Explore comprehensive data for Sovereign Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Basavaraj Arakeri Country flag representing In Director 15-Sep-2017Current
Gurappa Reddi Country flag representing In Director 05-May-2014Current
Shivakumar Malagan Country flag representing In Director 01-Jan-2012Current

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

Charges (Loans)

Open Charges

₹292.04 Cr

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

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

Gain comprehensive insights into the Deals and Valuation data of Sovereign Industries, 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 Industries'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 Industries

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Basavaraj Ningappa Arakeri was appointed as a Director was appointed as a Director on 15 Sep 2017 & has been associated with this company since 7 years 7 months .

  • Charges

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

  • Charges

    A charge with Others amounted to Rs. 7.04 Cr with Charge ID 100092512 was registered on 28 Mar 2017.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100033604 was registered on 22 Jun 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Sovereign Industries Limited?

    Sovereign Industries Limited was incorporated on 05 Jan 2009.

  • What is authorized share capital and paid-up capital of Sovereign Industries Limited?

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

  • Who are the current board members & directors of Sovereign Industries Limited?

    Currently 3 directors are associated with Sovereign Industries Limited.

    • Basavaraj Ningappa Arakeri
    • Gurappa Reddi
    • Shivakumar Malagan

  • What is the registered address of Sovereign Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sovereign Industries Limited is 2Nd Floor, Triveni Complex Yadwad Road India, Mudhol, Karnataka, 587313.

  • What is the corporate identification number (CIN) and company number of Sovereign Industries Limited?

    The corporate identification number (CIN) of Sovereign Industries Limited is U74900KA2009PLC069837 and the company number is 069837 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sovereign Industries Limited?

    The Official website of Sovereign Industries Limited is https://www.sovereignsugars.com

  • What change has been observed in the net worth of Sovereign Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sovereign Industries Limited has experienced an downturn of -5.93%.

  • What are the total open charges for Sovereign Industries Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sovereign Industries Limited amount to ₹ 292.04 Cr.

  • When was the last Balance Sheet of Sovereign Industries Limited filed with the ROC?

    The most recent Balance Sheet for Sovereign Industries Limited was filed with the ROC on 31 Mar 2022.

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