Sovereign Tech Engineering Services Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 9.95 M
- Company Age 38 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.54 Cr
- Satisfied Charges ₹ 23.57 Cr
- Revenue Growth 22.20%
- Profit Growth 7.81%
- Ebitda 27.47%
- Net Worth 8.10%
- Total Assets 3.50%
About Sovereign Tech Engineering Services
Sovereign Tech Engineering Services Pvt Ltd (STESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 April 1986 and has a history of 38 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Virpha Laboratories Private Limited. The Company is engaged in the Machinery And Equipment 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 3.00 Cr and a paid-up capital of Rs 9.95 M.
The company currently has active open charges totaling ₹25.54 Cr. The company has closed loans amounting to ₹23.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sarvanand Bhujle, Anish Bhujle, and Vanita Bhujle serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24230MH1986PTC039496
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Company No.
039496
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Apr 1986
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Date of AGM
26 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Sovereign Tech Engineering Services Pvt Ltd offer?
Sovereign Tech Engineering Services Pvt Ltd offers a wide range of products and services, including Conveyor Systems & Components, Belt Conveyors, Electric Circuit Components & Spares, Electronic Filters, Pumps, Pumping Machines & Spares, Sewage Pump, Filters & Filtration Systems, Sand Filters, Conveyor Chains, Machines & Equipments.
Who are the key members and board of directors at Sovereign Tech Engineering Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarvanand Bhujle
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Managing Director | 08-Apr-1986 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Anish Bhujle
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Director | 15-Dec-2012 | Current |
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Vanita Bhujle
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Director | 21-Aug-2018 | Current |
Financial Performance of Sovereign Tech Engineering Services.
Sovereign Tech Engineering Services Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 22.2% increase. The company also saw a slight improvement in profitability, with a 7.81% increase in profit. The company's net worth moved up by a moderate rise of 8.1%.
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What is the Ownership and Shareholding Structure of Sovereign Tech Engineering Services?
In 2023, Sovereign Tech Engineering Services had a promoter holding of 90.36% and a public holding of 9.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Jaeger Envirotech India Private LimitedAnish Bhujle is a mutual person
Charges (Loans)
₹25.54 Cr
₹23.57 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 15.86 Cr
- Standard Chartered Bank : 9.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2020 | Bank Of India | ₹7.50 Cr | Open |
| 24 Jul 2020 | Standard Chartered Bank | ₹1.49 Cr | Open |
| 13 Feb 2019 | Standard Chartered Bank | ₹1.30 Cr | Open |
| 15 Jul 2017 | Standard Chartered Bank | ₹6.88 Cr | Open |
| 13 May 2004 | Bank Of India | ₹5.85 Cr | Open |
How Many Employees Work at Sovereign Tech Engineering Services?
Sovereign Tech Engineering Services has a workforce of 45 employees as of Apr 08, 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 Sovereign Tech Engineering Services, 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 Tech Engineering Services'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.
