Sovereign Tech Engineering Services Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 9.95 M
- Company Age 39 Year, 1 Month
- 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 39 years and one month. 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24230MH1986PTC039496
- Company No.
039496
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Apr 1986
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Environment
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.
Sovereign Tech Engineering Services Pvt Ltd
Explore comprehensive data for Sovereign Tech Engineering Services Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sovereign Tech Engineering Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarvanand Bhujle  | Managing Director | 08-Apr-1986 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anish Bhujle | Director | 15-Dec-2012 | Current |
| Vanita Bhujle | 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%.
- Key Matrics
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- Profit and Loss
- Cash Flow
- Ratios
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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)
Jaeger Envirotech India Private LimitedAnish Bhujle is a mutual person
Charges (Loans)
Open Charges
₹25.54 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Sovereign Tech Engineering Services
Recent activity within the organization
- Annual General Meeting
Sovereign Tech Engineering Services Pvt Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Balance Sheet
Sovereign Tech Engineering Services Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Bank Of India of Rs. 7.50 Cr registered on 08 Sep 2020 with Charge ID 100367601 was modified on 05 Jan 2024.
- Charges
A charge with Bank Of India amounted to Rs. 7.50 Cr with Charge ID 100367601 was registered on 08 Sep 2020.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 1.49 Cr with Charge ID 100366246 was registered on 24 Jul 2020.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 1.30 Cr with Charge ID 100241984 was registered on 13 Feb 2019.
Frequently asked questions
What is the Incorporation or founding date of Sovereign Tech Engineering Services Pvt Ltd?
Sovereign Tech Engineering Services Pvt Ltd was incorporated on 08 Apr 1986.
What is authorized share capital and paid-up capital of Sovereign Tech Engineering Services Pvt Ltd?
The authorized share capital of Sovereign Tech Engineering Services Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 9.95 M.
Who are the current board members & directors of Sovereign Tech Engineering Services Pvt Ltd?
Currently 3 directors are associated with Sovereign Tech Engineering Services Pvt Ltd.
- Sarvanand Madhukar Bhujle
- Anish Sarvanand Bhujle
- Vanita Sarvanand Bhujle
What is the registered address of Sovereign Tech Engineering Services Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Sovereign Tech Engineering Services Pvt Ltd is 14 Mahinder Chamberswaman Tukaram Patel Marg Chembur India, Mumbai, Maharashtra, 400071.
What is the corporate identification number (CIN) and company number of Sovereign Tech Engineering Services Pvt Ltd?
The corporate identification number (CIN) of Sovereign Tech Engineering Services Pvt Ltd is U24230MH1986PTC039496 and the company number is 039496 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sovereign Tech Engineering Services Pvt Ltd?
The Official website of Sovereign Tech Engineering Services Pvt Ltd is https://www.sovereigntech.in
What has been the recent revenue trend for Sovereign Tech Engineering Services Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Sovereign Tech Engineering Services Pvt Ltd has risen by 22.20%.
How many employees does Sovereign Tech Engineering Services Pvt Ltd currently have?
As Per 2023 financial reports, 45 employees are currently employed by Sovereign Tech Engineering Services Pvt Ltd.
What change has been observed in the net worth of Sovereign Tech Engineering Services Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sovereign Tech Engineering Services Pvt Ltd has experienced an upsurge of 8.10%.
What are the total open charges for Sovereign Tech Engineering Services Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Sovereign Tech Engineering Services Pvt Ltd amount to ₹ 25.54 Cr.
When was the last Balance Sheet of Sovereign Tech Engineering Services Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Sovereign Tech Engineering Services Pvt Ltd was filed with the ROC on 31 Mar 2024.
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