Sovik Autos Private Limited

Manufactures engineering and aluminum spare parts for auto replacement market, also offers grinding and machining services for Land Rover car parts.

2000 | Punjab, Punjab (India) | Active
Last Updated: December 04, 2024

Sovik Autos Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.05 Cr
  • Revenue Growth 29.27%
  • Profit Growth 20.44%
  • Ebitda 27.08%
  • Net Worth 17.14%
  • Total Assets 26.71%

About Sovik Autos

Sovik Autos Private Limited (SAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 2000 and has a history of 24 years and seven months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Automotive 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹1.05 Cr.

Sarika Saini and Malkiat Saini serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sovikengg.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35993PB2000PTC023792

  • Company No.

    023792

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Sovik Autos?

Board Members (2)

Name Designation Appointment Date Status
Sarika Saini Country flag representing In Director 18-Apr-2011 Current
Malkiat Saini Country flag representing In Director 13-Apr-2001 Current

Financial Performance of Sovik Autos.

Sovik Autos Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.27% increase. The company also saw a substantial improvement in profitability, with a 20.44% increase in profit. The company's net worth Soared by an impressive increase of 17.14%.

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
29.27%
Revenue from Operations
29.19%
Total Assets
26.71%
Profit or Loss
20.44%
Net Worth
17.14%
EBITDA
27.08%

What is the Ownership and Shareholding Structure of Sovik Autos?

In 2021, Sovik Autos had a promoter holding of 14.68% and a public holding of 85.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Small Industries Development Bank Of India : 0.80 Cr
  • Punjab National Bank : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
13 Oct 2005 Small Industries Development Bank Of India ₹8.00 M Open
10 Mar 1997 Punjab National Bank ₹2.50 M Open

How Many Employees Work at Sovik Autos?

Sovik Autos has a workforce of 3 employees as of Apr 03, 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 Sovik Autos, 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 Sovik Autos'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 Sovik Autos

Recent activity within the organization

  • Annual General Meeting

    Sovik Autos Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sovik Autos Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Sarika Saini was appointed as a Director was appointed as a Director on 18 Apr 2011 & has been associated with this company since 13 years 9 months .

    18 Apr 2011

  • Charges

    A charge with Small Industries Development Bank Of India amounted to Rs. 8.00 M with Charge ID 90385303 was registered on 13 Oct 2005.

    13 Oct 2005

  • Director Appointment

    Malkiat Singh Saini was appointed as a Director was appointed as a Director on 13 Apr 2001 & has been associated with this company since 23 years 10 months .

    13 Apr 2001

  • Charges

    A charge with Punjab National Bank of Rs. 2.50 M registered on 10 Mar 1997 with Charge ID 90381879 was modified on 31 Jul 1998.

    31 Jul 1998

Frequently asked questions

  • Sovik Autos Private Limited was incorporated on 23 Jun 2000.

  • The authorized share capital of Sovik Autos Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Sovik Autos Private Limited.

    • Sarika Saini
    • Malkiat Singh Saini
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sovik Autos Private Limited is G T Roaddhandari Khurd Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Sovik Autos Private Limited is U35993PB2000PTC023792 and the company number is 023792 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sovik Autos Private Limited is https://www.sovikengg.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sovik Autos Private Limited has risen by 29.27%.

  • As Per 2022 financial reports, 3 employees are currently employed by Sovik Autos Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sovik Autos Private Limited has experienced an upsurge of 17.14%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sovik Autos Private Limited amount to ₹ 1.05 Cr.

  • The most recent Balance Sheet for Sovik Autos Private Limited was filed with the ROC on 31 Mar 2024.

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